St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-07
MINNEAPOLIS MARKETS.
Chamber of Commerce,

Inc lack OF moisture IN tne 0OrLn was a
principal topic this morning and lent consid
cradle strength to the market for futures.
1t was admitted by bears even that there is
real cause for anxiety and that some damage
has already resulted. On the other hand the
bull party agreed that with rains now great
changes for the better would result and
much of the harm might be cured. There
was little apparent effort either to buy large
lines or to sell them; with few offerings
and some inquiry in the way of evening up
old deals. Outside quotations averaged a
shade higher than Saturday.
A report from Grand Forks, Oak, this
morning says: We are without doubt in the
middle of a drouth. We are also having
heavy and frequent winds, which with the
growing or planted grain in its present con-
We hada heavy wind from the south yestor
day; winds like this from that direction usu-
ally brings rain but not so in this case. With
a continuation OF two or three weeks of such
weather as we have had for the past month,
the crop of 1889 will not equal the last one.
I consider the present prospects very poor
for the coming crop; still cannot tell what
may happen. Later reports from Park River,
stated that light rain fell there this morn
ing.
There was frmer feeling in the wheat
market, with May nominal at about 1@2c
above July, and the latter selling at S6l2@
96S4c. Later sales of May were made at
sSl2c, Or near &c above July at the same
based on drouth in north of Minnesota and
Dakota, while weakness was argued from
good crop reports from the winter wheat sec
tons. There was premium raid in some
cases for the Immediate delivery Of May
wheat rather than wait later in the month
for it, The outside reports were early in
clined to stronger tendency. Trading in
futures seemed mostly of scalping char
acter.
Sample sellers were encouraged at the out
MT hryf t,nn 1vyn,n in, CO.. Il
at first everybody was asking higher prices
for the grain offering. The best grades were
put up about cent, though the demand was
not active. Some of the sellers began max
ing concessions to effect sales, and in this
way little wheat was worked off. Millers
were looking over the tables in listless sort
of way, and when bargain could be secured
at about the price of the next grade below
purchases were. made. Only the best sam
pies of each grade were taken and the buyers
tables. Receipts were 224 cars, with SO
shipped out Local elevator stocks increased
$500 blu for the week, while Duluth de-
creased 100000 bu. Duluth receipts over
Sunday were 81 cars.
Car lot sales by sample-Two cars No. l
hard, +. o. b., CSC: cars No. hard, 94c; 2
cars No. hard, 99c; 2 cars No. hard, CSC;
13 cars No. northern, delivered, 8912c; 8
cars No. 1 northern, 92c; 8 cars No. 1 north
ern' s9c; cars o No: northern M 92c; cars
soc; car No. 2 nortern. f. o. b.. S5c; car
No 2 northern, delivered, Sic; 2 cars No.
Northern, f. o. b., soc; cars No. north
ern, nc; 2 cars No. 2 northern. 79c; 2 cars
No 2 northern Their 7sc; NJ cars No; 2
norther I 81: 2 car cars No. northern 80:
2 cars No. 3, 71c; l car No: 3 frosted, f. o. b.,
CSC; 2 cars No. f. o. b., 75c; 2 cars No. 3,
7sc 2 cars No. 8, 8 C; 2 cars No 5, 75c; 2
n X
cars rejected. 73c; 3 cars rejected, 67I2c; l
car rejected. zee; 2 cars sample. Csc; cars
sample, 7e12c; cars no grade f. O. b., 45c:
2 cars no grade f. Q. b., 49c; 2 cars oats o. t.,
cars oats delivered. 23I5c; cars oats f. O. b.,
2lc; l car oats, 25c.
FLOUR AND COARSE GRAINS.
Market Record: Flour-The following
mills were running to-day: Pillsbury A and
B. Phoenix, Anchor, Northwestern. Petit
Cataract, st. Anthony and Columbia The
added daily capacity of the nine mills grind
ing amounts to 1850 bbls, but the output
for to-day will probably not exceed $50
The market was steady, with the principal
mand to take the production at the rate of
speed it is offering. Concessions are asked
fOr-they always are-but it is recognized
neither consumption nor purchase would be
with cost Of winter wheat productions
Wheat is not low enough for that, and there
is not the least probability that it will be on
this crop. Local manufacturers recognize it
and see no way to enlarge their production
until after Sept. l at best. Patents. sacks to
local dealers, So. 30@5. go; patents, to ship,
sacks, car lots, S.. 1O@5. 35; in bbls, SIS. $50
S. IS: delivered at New England points,
S.. 95@6. 10; New York points, $5.7506;
delivered at Philadelphia and Baltimore
$5.7O@5. 95; Bakers here. $3.35@4 40; Su-
perfne, Sl.75@3; Red Dog, sacks, SLIGO
$i.35; Red Dog, bbls. $1.4O@1.5O.
Bran and Shorts-The demand is fair at
present, though not pushing to-day. The
small production, however, is worked off at
about S7.5G@7.75, excepting fine shorts that
sell about ST. above.
Corn-There was enough offered to meet
local wants. but nothing to speak of for ship
ment, as farmers do not appear to be market
ing any to speak OF. Held at 32@34c, &C.
cording to quality, o. t.
Oats-Were most decidedly dull and with
more offered than there was demand for;
prices were weak and buyers hard to find
Sales were at 19@26c in general ,senge
Barley-Met with small request if choice,
but no inquiry for stained or frosted. Not
enough doing to make value reliable.
Flax-Quoted at $1.5O; Chicago, $156.
Hay-The hay market dull at $3@6 for
wild, $5.50@8 for timothy.
Feed-$12@13.
FLOUR SHIPMENTS
Vii L.