St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-17
MARKETS.
Chamber of Commerce.


Further reports of rains in the Northwest
were cause of early weakness in the market
and wheat sold down about lie for both early
and late futures. The same situation was
reflected in quotations from other markets.
New York fell below SAC for July, and at the
ing was talk of 1t, while foreigners were SELL
ing little. That situation was discouraging
TO longs, but as there was no disposition to
raid. the market and very little show of
Strength on the part of longs, was enough to
prevent decentralization. About all the No.
: 1 northern wheat that is now in the market
Or that is to come in it is claimed to have
been sold against, and if that claim is true,
then sellers of July may be subject to scares
whenever the longs make any demonstra-
tons of vigorous support. There was more
disposition to bring in more distant futures
and broaden trade. as there is nothing left in
the old crop futures excepting the incidental
business drawn in, while those now in are
was made to start trading in August but it
met with little favor. for the reason that it
brings in mixed new and old crop, and
anything connected with the old does not
smell so sweet as to be attractive
May was nearly nominal and late in the
session was offered at 9Ol2c without buyers.
July began selling at 9OAc and fell to 89Mc.
September dropped from 76Ac to 76c, with
prices nominal for June and August. The
late rains with lower quotations from all
around were the causes Of decline. New
York, st. Louis and Chicago were at the bot
tom prices for the season, while July here
was SC above the lowest reached two weeks
ago.
offering again as the blackboard showed re-
ceipts Of 145 cars, nearly three times as
many as on the day before. Buyers were
looking at the wheat offerings but insisted
terday's figures especially for No. and 2,
but none could be sold. Later concessions
of No. / and were made and even at that
there was not enough demand to clean up
the offerings. Millers from other points d.
evenly with local millers Shipments were
AZ cars. Duluth received cars.
At the close No. was offered at 9Oc.
Car lot sales by samples: Eleven cars No.
northern, Ole; cars No. northern, o.
l northern, 92c: 2 cars No. northern, Gle;
2 cars No. northern, 97c; cars No. i
northern, delivered. 9Oc; 4 cars No. north
ern, S5c; 2 cars No. 2 northern. S2c; 2 cars
s4c; 2 cars No. 2 northern. delivered. s3c;
2 cars No. 2 northern, delivered, CSC; 8 cars
No. 2 northern, 9Oc; 2 cars No. northern,
e515c: cars No. 2 northern, SIC; 2 cars No.
2 northern. poor; 76c; cars No northern:
northern. SEC; cars No 2 northern, S4Iac;
2 cars No. 2 northern. S3c; cars No. 2
northern, 92c. cars No. 2 northern, soc;
2 cars No. 3. 73c; 2 cars No. 3, S5c: 9 cars
No. 3. Soc; 8 cars No. 3, 75c; 2 cars No. 3, +.
zoe; 2 cars No. 3, Use; 4 cars No. 3 delivered,
79c; cars rejected S5c; cars sample, soc;
2 cars sample. Csc; 2 cars corn. 32lhc; 2 cars
oats, f. o. b., 23c.
FLOUR AND COARSE GRAINS.
Market Record: Flour-The following
% bnry xef and o g. fhsnix, Psiti s.
Anthony, Palisade, Galaxy, Humboldt,
northwestern, MINNEAPOLIS, WashbqTn and
added daily capacity of the Is mills grinding
amounts to &c. O5O bbls, but the output for
to-day will probably not exceed 1880 bbls.
The demand was fair for flour, but to meet
siderable pushing Of -four to consumers,
and millers that hold for stiff prices are get
ting behind in sales. Since the effort week
ago to establish higher prices to NEE It the
higher cost of wheat then there has been
would let the product out without entailing
loss upon the manufacturer. For short
crop the wheat is holding on surprisingly
well, and it is evident that the shutting down
WILDE for want of profit more than Tor want
of wheat to grind.
! Patents, sacks to alocal dealers, $500
6.60; patents to ship, sacks, car lots, S.. 100
5.35; in bbls, SIS. 35@5. So; delivered at New
England points, $5:e5@6:: 10; New York
md Baltimore, S.. 7O@5. 95; bakers here,
$3. 1904. 40; superfine. $1.75@3; red dog,
sacks, $1.1501.35; red dog, barrels, $l.4O0
Bran and shorts-Are in moderate demand
at steady prices The production remains
about the same. Quoted bran, $7.25@7:50;
common shorts, $7.5007.75: extra, $500
8.75.
Corn-Aside from small inquiry on local
account the corn market was neglected. The
supply is light and the receipts very small
Quoted at 320n34C>