St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-20
MINNEAPOLIS MARKETS.

tu0 NCW OlODG anu OIQef lIQDOf-
tant works.
B. H. Brown, supt. of Construction.
MINNEAPOLIS MARKETS.
Wheat cables were easy, with ten
dency downward; amount on passage
decreased 100000 blu. The opening of
futures here was quiet and early trad
ing light at about 5sc decline from last
night. New York reported three boat
loads taken for export. That was argued
as an entering wedge to further bust
ness. There was moderate demand
for May on smaller receipts and a
hardening of prices in some other East.
ern markets, but New York was no bet
ter at the start, and continued to settle
into lower nOtches i'll the face
OF reported export demand. That
feature had weakening effect here.
The majority OF dealers looked upon
the future with suspicion of lower mar
kets, and insisted there is no better
foundation for prices being sustained
than fear of May corner, and argued
that with such possibilities removed
prices would sink to much lower level.
All reports from winter wheat fields
were favorable and fine weather in the
Northwest encouraged belief in early
seeding. With such universally favor
able crop prospects, the bulls were un-
able to infuse hope in the minds of
spectators that gain could be secured
by taking the long side. On the other
hand they feared manipulation and
business was dull.
The opening for May was at 9S11(c,
and with light buying advanced to
$3.50 about an hour after trading began.
From that point there was slow de-
cline until about the noon hour. when
there was sharp break to 971c. At
that there was good demand
with slow trading. as there was very
little for sale, except at considerably
higher figures. The country movement
was light, and that with readiness with
which cash wheat has been taken for
! milling, made sellers cautious of get
ting out unprotected short deals.
Following are the closing quotations:
No. / hard, March, $1.09; April, S1.09;
May, $1.10; on track, S1.1O@1.12; No. 1
northern, March, 97c; April, 97c; May,
| 971sc; on track, 97c(0S1; No. northern,
March. SSc; April, SSc; May. SOC; on
| track, S9@92c. Receipts of wheat show
falling off again, but 90 cars being
posted here for the day. Some OF the
grain held over was displayed also. and
the light demand from milIers was read
| lily supplied, except in few instances
WuCIC opOCkot IOIo WClC OuV-
side orders were taking a little wheat
and home millers bought few cars,
but trading on the whole was dull and
dragging all through the session. Prices
did not vary very much from yesterday.
Shipments were SO cars. Duluth re-
ported 81 on track. No. 2 sales ranged
around soc. Car lot sales by sample: 2
cars No. hard, SLIP; 2 cars No. 1 hard,
s1.O91z; 2 cars No. northern, delivered,
S1.09: 2 cars No northern, S1.02; Q cars
No. 1 northern, delivered, s1.0s;
2 cars No. l northern, Sl.021a;
2 cars No. northern, CSC; cars No. 2
o. b.. 90c; II cars No. northern, 9oc;
cars No. 2 northern, 81: car No. 2
northern, 92c; 2 cars No. 2 northern,
SSc; 2 cars No. 2 northern, 9511ac; cars
No. 2 northern, soc; 2 cars No. 8, SIC;
9 cars No. 8, SSc; 4 cars No. 8, SIC: 2
cars no grade, S3c: 2 cars no grade, f. o.
b., 651ac; 2 cars no grade, 35c; 2 cars no
grade. 40c; 2 cars sample, 35c; 2 cars
oats, 23c; 2 cars oats, delivered, 2211ac;
cars oats, zoe; 3 cars oats, f. o. b., SOC.
FLOUR AND COARSE GRAINS.
Market Record: Flour-The follow
ing mills were running to-day: Pills
bury a and B, Phoenix, Anchor, Wash
burn G, Galaxy, Columbia, Petit. st.
Anthony and Northwestern. The added
daily capacity of the ten mills grinding
amounts to 1850 bbls, but the soutput
for to-day will probably not exceed 49,
600. A fair order trade was reported by
local millers with demand chilly for few
cars only in each consignment. Buyers
are taking these small lots because they
choose to follow out conservative
policy now adopted, to taking any
| risks on large stock. A manipu-
Iofn xuhn hot
advance the price of it materially
would naturally harden flour values.
| but the results would be temporary
| only. A short supply of wheat to grind
| has a better basis than hopes of manip-
| ulatiOn, but that is Offset by the offer
ings of winter wheat flOurs, and to OBJ
tain higher figures for springs means
naturally curtailment of business to a
narrow field. Patents, sacks, to local
dealers, 10000; patents to ship. sacks
car lots, s5.S0@6; in barrels, -$6@6.15;
delivered at New England points, 1915
| az; New York points, $6.G5(06. 80; de-
| livered at Philadelphia and Baltimore,
s6.60@6.S5; bakers here, s4@4.75; SUI
| perfine, s2@3.50: red dog, sacks, $3.50
1.50; red dog, barrels, 81 .60@1.7O.
| Bran and Shorts The market was
] weak and tendency lower. Some was
held at &c. but so far as reported the
| sales were at SS.25(9S.50 for bran, with
shorts 25c below bran for the common
run, and fine shorts $S.5000.25.
| Corn-With small offerings prices of
| feed stock were pretty firm at 29@2914c
for good ungraded. No. 2 nominal.
Oats-Dull and poor lots difficult to
sell, while choice sell fairly when not
held too stiff. The general range was
steady at 20@27c in cars on track.
Barley-A small trade in this grain
was transacted. Business was by sam
| pie at 35@50c for fair stained to nice
bright barlye. Badly stained and badly
frosted barley could not be moved easily
at any price.
Flax-Quoted at STAG: Chicago, $3.50.
Feed -S11@12.
Hay-The hay market dull at 1905. so
for wild; $5.50@7 for timothy.
FLOUR SHIPMENTS.
Following shows the shipments of
-four from Minneapolis. Jan. to date
| and same time in 1888.
| 1889. bbls. -921 ,736 1888, bols lbs, O7O
| STATE GRAIN INSPECTION.
Following is the state inspection of
grain in Minneapolis for the past twenty
| four bOurs:
| VI ~ 81 N Ri -