St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-10
MINNEAPOLIS MARKETS.
Chamber of Commerce.

MINNEAPOLIS MARKETS.
Chamber of Commerce.
There was most unsettled feeling at
the opening this morning, and wheat
was decidedly weak. Before the OPEN
ing sales had been made for May at214c
below the closing of yesterday, and
trading on the floor began 1c under that,
making a $40, drop from yesterday
evening and &c below the opening price
twenty-four hours earlier. There was
4 great deal of May for sale and cOnsid-
cradle of it was said to be long wheat
the holders had become tired of carry
ing. 1t was understood that brokers had
orders for the sale of some large lines for
short account. Trading was lively from
the start, with the buying chiefly by
shorts, who had put out lines at much
higher prices. That buying checked
the break and started the market up
ward. A gain of about re had been
made when prominent bulls came in
and bid prices up without getting much
wheat, as the bears were evidently in
no mood for placing contracts in hands
where they would not ring mp. The bull
| movement was apparently only sus-
tanning effort, but it had the effect
probably intended and started prices
upward and a full &c gain was made be-
fore the noon hour.
May wheat sold on the curb at 90@S9c,
the opening on change at SSc for
single 5000 blu lot, and from it at once
dropped to S712c. That was the start of
heavy trading, with great deal for
sale, carrying prices to S754c. Very
large lines went off atS7140S134c, where
the heaviest trades of the day were
made. From that prices went up stead
lily to S91lc, with moderate business.
At that point sellers again began to put
out wheat, and broke May to SSc at IL
o'clock, where it was checked again,
and later fiuctuated within narrow
range. July ranged from g to 11sc
above May, with very little done i'll other
futures.
On the sample tables there was
moderate quantity of good wheat offered
for sale, and at the decline there was
| fair inquiry from local millers. Re
ceipts show falling off, only ia cars
being posted for the day. Outside
| parties were not taking hold to. any eX-
tent at first, though buying for outside
account improved little later. There
were buyers for special lots of wheat
that could not be found, and No.
l northern was offered as low as
SSc with Mo- offered at 7Sc. Shipments
| were 73 cars. Duluth received ~ cars.
| Car lot sale by samples: cars No. l
| hard f. o. b., S1.02: 5 cars No. northern,
| see; cars No. l northern, 81; cars
| No. northern, 92c; 2 cars No. north
erp, f. o. b., S5c: 2 cars No. northern,
SIC; cars No. 2 northern, S015c; cars
! No. 2 northern, soc; 2 cars No. north
ern, Sic; IL cars No. 2 northern. 7715c;
| 6 cars No. 2 northern, 7S15c; 2 cars No.
| No. 2 northern, 79c; cars No. north
ern, use; l car No. l northern, 79c; 2
| cars No. 3, soc; 5 cars No. 3, 75c; cars
No. 3, f. o. b.. 75c; 2 cars rejected, S3c;
| 2 cars rejected, 65c; cars rejected. 52c;
car rejected, CSC; cars sample, soc;
| 2 cars sample, 35c: 2 cars no grade, f. o.
b., SOC; cars no grade, f. o. b., Csc.
FLOUR AND COARSE GRAINS.
Market Record. Flour-The follow
ing mills were running to-day: Pills
bury A and B, Phoenix, Anchor, Wash
burn B and G, Petit, Galaxy, st. An
thony, Minneapolis, Humboldt and
Crown Roller. The added daily ca
pacity of the twelve mills grinding
amounts to 22,200 bbls, but the output
for to-day will probably not exceed H.
76O.
Patents, sacks to local dealers, $3.50
| go; patents to ship, sacks, car lots,
S5.65@6; III barrels, s5.S5@6.1 Is; delivered
at New England points, S6.5U@6.S5: de-
| livered at New York points, S6.40@6.7 10;
delivered at Philadelphia and Bati-
more, S6.35(06.70: bakers here, S3.75(0
4.75; superfine. S2@3.50; red dog. sacks,
S1.3501.5O; red dog, bbls, S1.6O@1.7O.
Bran and ShortS-There is better
| demand for millstuffs, and with the
better demand comes slightly increased
| prices. Bran selling at ST.25(D7- 90; COM
mon shorts the same.
COrn-A UnpQral fnnlino n,1iatnacc
| prevails in the corn market and values
are little affected by any change. Quo
| tationS, 30032c for fair to No. 2.
Oats are comparatively steady, though
| the transactions are small and general
conditions unchanged. Quotations,
far grades, 25@2Sc; lower grades, 20
| (023c.
| Barley is very quiet and dull, and the
demand is so slow that it is impossible
to get any life into the market. Only
| the very choicest grades were in any
request. Quotations nominal at 20(040c
/ Hay-The hay market was dull at So
| @5.50 for wild, S5.5007 for timothy.
Flax quoted at S1.47; Chicago. S1.53.
Feed, Sl1@12.
FLOUR SHIPMENTS.
| Following shows the shipments of
flour from Minneapolis, Jan. l to date
and same time in 1888: 1889, !, 79O,074
| bbls; 1888. 1,61l, 1926 bbls.
CAR LOT RECEIPTS.
Following are the Minneal ellis Wheat
| receipts by roads: Milwauk Ell id. 10
cars; Manitoba, So cars; 5. o Line, 2
| cars.
FLOUR SHIPMENTS.
Milwaukee road. $3.50 bl S; Omaha,
| LAG bbls: Minneapolis q st. Louis,
26O bbls; st. Paul & Duluth LIS bbls:
! Northern Pacific, 100 bbls; 81, Paul 81
Kansas City, 679 bbls; Chica TO- Bur-
lington & Northern, 3d. 100 bbls; 500
Line, 4,215 bbls.
| STATE GRAIN INSPECTION
| Following is the state inspection of
| grain in Minneapolis for the past TWEEN
| ty-four hours:
| II ~ II III z