St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-16
MINNEAPOLIS MARKETS.
Chamber of Commerce.

Wheat was dull and partly nominal at
opening yesterday, with 9l15c asked for
May. but there appeared to be no urgent
demand for it. July sold at 9015c but
later firmed little with many bidders
at that. The late heavy declines
brought out a large short interest at
most speculative markets and. with
wheat felt to be low enough, consider
ing the moderate supply of old wheat
and dry weather in the Northwest,
many of the shorts were more disposed
to even up, making rather firm
market. Spring wheat seeding is NOV
ing on pretty well but two years
ago some loss and considerable dis
turbance was caused by heavy winds
uncovering the seed. In several eX-
tensive sections where the soil is dryest
farmers are waiting for rains to put in
their seed, while in other places the
early planted is starting nicely, and in
many places shows above the ground
1t was the sensational that was most
talked of, and, with other reactionary
sentiments, hardened the market dur
Ing the morning. May is getting pretty
well rounded up apparently, and the
trading is tending more and more to the
later futures, with July now the favor
tie. The late good demand for cash
wheat firmed the May deal to some eX-
tent.
The market for futures was nearly
nominal, excepting July, in which there
was business ranging from 9O15 to9114c
up to near the closing. There were
bidders at gee for May during the last
half of the session, and it was offered
earlier at Gle. The May deal has nearly
gone out, so far as new trades go. leav-
ing little more to do than to settle up
old contracts, and some claim possible
shortage to parties that will want the
wheat. while others think there is
enough available to supply such re-
quirements. To-day the bidders were
not generally shorts. but those sup
posed to be long of it.
The blackboard showed 274 cars for
the two days receipts, but they were
slow in making their appearance on the
floor. The demand tor good milling
wheat was very good from the start.
and purchases wele mainly by local
millers. For ali wheat that was free
from frosted kernals prices ruled high
er, the advance On some qualities rang
ing uptO and over a cent. A few orders
were being filled for outside millers.
Low grade wheat was as slow as ever,
and prices were not materially i'm
PRAYED. Shipments were 80 cars. Du-
luGu received If. Local elevator stocks
decreased $3.50 bu for the week. Du-
luth increased LOIS. The total visible
supply decreased &c.,, 900 bu for the week.
Car lot sales by sample: 10 cars No.
northern, delivered. CSC; cars No.
northern, choice, S1.02; 10 cars No. /
northern, 9219c; car No. northern,
Csc; 2 cars No. 1 northern, 96c: cars
No. northern, 93c; Z cars No. l north
ern, 81; cars No. l northern. 92c; 2
cars No. northern, S1.03;2 cars No. 1
northern, Sl.02; 2 carsNO. 2 northern,
90c; 8 cars No. 2 northern, O. b. W., soc;
cars No. northern. o. W. b., see; 6
cars No. 2 northern SIC; cars No. 2
northern, SSc; 2 cars No. 2 northern, o.
t., SIC; car No. 2 northern, f. o. b.,
S51ac; 8 cars No. 2 northern. de-
livered, SSc; 3 cars No. 2 northern, SIC;
2 cars No. Northern, SIC: cars No. 8.
7Sc; cars No, 5, 7915rc; 2 cars No. 8,
Sec; cars No. 3, 75c; cars rejected,
81; cars rejected, soc; cars rejected.
roc; 2 cars rejected, f. o. b.. soc: 8 cars
no grade, f. o. b.. sec; cars no grade,
f. o. b., 60c; 2 cars no grade, 33c; 5 cars
sample. 90c; 2 cars sample, soc: 2 cars
soc; 2 cars sample, SSc: 2 cars sample,
55c; 2 cars sample, 75c; 5 cars sample.