St. Paul daily globe., 1889-02-17
800 TEMPLE COURT, Minneapolis,
MINNEAPOLIS.
Chamber of Commerce,

Chamber of Commerce.
During the first two hours of the
session May advanced from about
$1.12I to 1.1411aS, the sharpest rise being
about II O'clock, Wo edward u Co., Con-
| over, Gee d Co. and Sawyer were large
sellers, presumably of long wheat.
Their united offerings prevented prices
here from moving up SO rapidly as they
| did at other places. Orr d Comes were
also good buyers. The selling was
scattered with several longs peddling
out each little. The light offerings
and strong demand there caused wheat
to advance from sl.075s Friday night to
| 81. II about noon Saturday, for the May
| option. The evidences for declining
stocks in the Northwest was an import
| ant factor in the upheaval in prices.
Futures opened at about Slips May
and Immediately started up, and with
few fluctuations moved up to $1.1415
where the rise was checked. and with
some long stuff coming out fell back
few points. Local stocks were estimated
to decrease 100000 bu. There appeared
! to be long wheat enough to meet all de-
mands, and the spread of this market
above others grew narrower. There is
more wheat to come here than to 60 any
where else, making it apparently the
safer to deal in, as business has better
basis of legitimate trading. There was
plenty of long wheat offered up to the
close with buyers holding back. The
following are the closing quotations:
No. L Hard-February S1.22; March,
$l.23; May, S1.26; on track, $l.21; No.
Northern-Febrnary,$ Sill; March, 81. 70;
May, S1.13; on track, $l.11T@1.12; No.
2 Northern-February, s1.Ul; March,
s1.02; May, S1.0311a; on track, Sl.03@1.05.
The market for cash wheat was again
thrown into state of excited demOral-
izatlon and prices all through the seS-'
sion jumped back and forth in a very
by asking yesterdays prices, but when
speculative markets started up SO
briskly holders OF cash wheat began
putting uD prices without delay. Buy
ers were stimulated a little and local
millers made haste to pick up necessary
supplies. The trade was limited to alb
Soiute necessities and scarcely an out
side order was filled after 1920. Re-
ceIptS were 1872 cars and So were shipped
out. Duluth reported 5 cars on track.
Car lot sale by samples: l car No. l
hard, f. o. b.. $1.22; cars No. l north
ern, $1.13; car No. l northern, SLIP;
2 cars No. l northern, f. O. b., $1.15;
20 cars No. northern, delivered. $l.12;
2 cars No. northern, f. o. b., $1.l3;
cars No. l northern, S1.12;
Is cars No. l northern, Sl.1l15:
2 cars No. northern, S1.14: 2 cars No.
ern, S1.04; cars No. 2 Northern, $l.02;
8 cars No. 2 northern, 81 .U6; cars No.
northern. delivered, S1.O3I; II cars
No. 2 northern, $1.O3; 2 cars No. 2
northern, f. O. b.. $1.05: 2 cars No 2
northern, s1.O5; 2 cars No. 2, 92c; 2 cars
No. 5 soc; cars No. 8. delivered, CSC;
cars No. 8, 81; 2 cars No. 8, CSC; 2
cars No. 3, 95c.
FLOUR AND COARSE GRAINS.
Flour Market RecOrd-The following
mills were running to-day: Pillsbury
A and B, Phoenix, Anchor, Washburn
B and G, St. Anthony, Holly, Petit,
Galaxy and Crown Roller. The added
daily capacity of the eleven mills grind
ing amounts to 20,300 bbls, but the out
put for to-day will probably not exceed
16,500 bbls. Flour was not moving fast
to-day and has not been since the ad-
in wheat. Even at old prices it is
questionable if the demand would
be SO active as then while wheat
is not on the mend. That interior
stocks are light, there is no doubt, but
that dealears can increase or decrease
activity in purchases as speculative
conditions guide them there is no more
reason to question. Large purchases
last fall with the result of them make
buyers careful now about overloading
on fresh excitement. The tone of
millers was fresh and confident.
Patents, sacks to local dealers, $4,000
$50; patents to ship, sacks Car lots, ST
@6.10; in barrels, S6.15@6.25; delivered
at New England points, S5.90@705;
New York points, $6.S0@6.95; delivered
$50; bakers here, $4.10@5.10; suerfine,
$2.50@4.10; red dog. sacks, $1.45@1.60;
red dog, barrels, $1.7001.S5.
Bran and ShOrtS-There was good
request, and prices were firm at about
SO for bran, SS.75 for shorts.
Corn-Steady and weak at 261a@27c
for ordinary ungraded.
Oats-'rhere was the usual large sup
ply offered, with prices steady at 22@
2Sc, with most common lots going at "A
@25c 0. t.
Barley-Market dull at 40@5Oc for
good to best offered; poor unstable at
any price.
Feed-s11 .5o@12.5o.
Flax quoted at Sl.oo; CnlcagO, Sl.59.
Hay-Wild, S3.5O@5.50; timothy, $50
@S.25.
RECEIPTS AND SHIPMENTS.
Receipts 1890 bu; corn,
1900 bu: oats. 5,400 bu; barley. 600 bu:
flaXseed, 1.50O bu; hay, 35 tons; fruit,
1900 lbs; merchandise, SS6,560 lbs;
lumber, s cars; machinery, 1l4.6OO lbs;
barrel stock, 2 cars; coal, 642 tons;
wood, 166 cords; brick, cars; cement,
100 bbls: house goods, 10000 lbs; ties, 2
cars; stone. cars; live stock, car;
dried meats, 25,000 lbs; sundries, Il
cars. Total, 1928 cars.
Shipments-Wheat, 1860 bu; barley.
1000 bu; flour. Ii, Isl bu; millstuff, 424
tons; merchandise, 924,620 lbs; lum-
Ger, 46 cars; machinery, $1,000 lbs; oil
bake, 10000 lbs; hides, 30.100 lbs; sum
dries, 10 cars. Total, 3773 cars.
FLOUR SHIPMENTS.
Milwaukee road, $500 bbls: Omaha.
1885 bbls; Minneapolis & st. Louis, 1859
bbls; Wisconsin Central, 800 bbls: Mani
toba, $50 bbls; st. Paul and Duluth,
1850 bbls; st. Paul & Kansas City,
1,O09 bbls; Chicago, Burlington Il
Northern, 1866 bblS; 500 Line, 1856
bbls; Northern Pacific, 125 bbls.
CAR LOT RECEIPTS.
Following are the Minneapolis wheat
receipts by roads: Milwaukee road.