St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-17
MINNEAPOLIS MARKETS.

Cha mber of Commerce.
There was disposition among good
many in the trade to look for strong
markets this morning, and the opening
was little disappointing, as July was
lower. May was nominal and offered
at the bidding price of yesterday, with
out buyers. Later, on large receipts
and reports of light rains in the West
where the drouth had been serions,
prices declined another half-c ent for
July, with May offered at &c more off.
Business was lightin futures, caused by
the unsettled state of affairs relating to
the settlement Of the May deal, which
affected unfavorably activity in the
July also. A great deal Of figuring is
going OH to meet the May requirements.
The opening of July wheat was at
9015c, a decline of &c from last night,
and later prices were off again with
business at 90c. May was nominal at
about 92c at the opening and later at
9115c. Larger arrivals and rep OrtS of
rain were the chief causes of the de-
cline. Other markets were but indif-
ferently sustained, which helped to
depress values here. Later the demand
was larger and prices advanced about
1880 o'clock to 9019c and huctuated
some until the close. There was little
demand for any other grade of future.
Among the sample tables there was
less activity than for the past few days,
and the weakness of speculative mar
kets was reflected in the trade IN cash
wheat. The statistical position has
some effect in removing fears of buyers
regarding probable famine, and with
scarcely any demand from local millerS,
there was not enough inquiry from out
Side buyers to retain the recent ad-
vance in prices. Sales of grade wheat
were made at a lower range, and hold
ers of the frosted samples found it more
difficult than ever to get bids. THERE'S
apparently no demand for this class of
wheat. Receipts were POI cars, and
Al were shipped out. Duluth had 60 ON
track.
There wer quite heavy rains yester-
day in the northern parts of Dakota and
Minnesota relieving present anxiety
were light rains on the west end of the
Hastings q Dakota, along the James
river division and over the Andover
and part of the Fargo Southern branches
of the Milwaukee road. There were
ST overs also in some parts of eastern
Minnesota and northern Wisconsin to-
day and last night. 1t is too early to
know how well the remaining drOuth
sections in Dakota are wet down, but it
is apparent that temporary relief, at
least, has been obtained where rain was
most needed.
Car lot sales by sample: 2 cars No. 1
hard, o. W. b., Sl.04113;2 cars No. hard,
f. o. b., $1-0415; car No. l northern.
95c; cars No. northern, 92c S cars
No. 2 northern, soc; 10000 blu No. 2
northern, delivered, S014c: 5 cars No.
l northern. 9215c; 2 cars No. north
ern, f. o. b., 93c; 2 cars No. l northern,
f. o. b., $3.50; Is cars No. l northern,
81: 5 cars No. 2 northern. Sic; cars No.
2 northern, SEC; 8 cars No. 2 northern,
SIC; 2 cars No. 2 northern, SEC; cars
No. 2 northern, f. o. b., S5c; cars No.
2 northern 90c; S cars No. 5, delivered,
roc; cars No. 3, roc; 2 cars No. 3, f. o.
b., re; 2 cars No. 3, soc: l car No.
8 poor, delivered, zoe; cars sample,
soc: 2 cars sample. Coo: cars no grade,
SIC; 2 cars rejected, CSC; 2 cars oats, 24c.
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 c. Petit. Palsade, Minnea-
polls, Humboldt, Crown Roller, North
western and st. Anthony. The added
daily capacity of the thirteen mills
grinding amounts to 24,7OO bbls. but the
output for to day will probably not ex-
CCCo III, tOOs HO ollCiiS III Ill WItdG
yesterday appeared to have some effect
in the flour market to-day, as there were
more reports of sales. A demand exists
for bakers in large quantities to go
abroad if the prices can be met. The
chief difficulty is in low figures after de-
Quoting high ocean freights and the
limited demands for patents in this
country. There was a small interior in
quiry, but there was little demand at
Atlantic points. Patents, sacks to local
dealers, $4,000; patents to ship, sacks,
car lots, s5.5O@5.75; IN barrels. S5.7O@6;
delivered at New England points, $685.
| @665; delivered at New York points,
$6.25@6.55; delivered at Philadelphia
and Baltimore, S6.2O@6.50; bakers here,
s3.75@4.75; superfine. s2@3.50; red dog,
sacks, Sl.95@1.50; red dog, bbls, SLIGO
@1.70.
Bran and Shorts-This market. though
quiet and rather dull, shows fair
steady inquiry, with recent prices main
tanned. The supply is about equal to
the demand. Bran quoted at S7.25@
$50, with common shorts the same.
Corn-The market for corn is quiet.
Il