St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-08
MINI MARKETS.
Chamber of Commerce.

The feeling regarding futures was much
| unsettled this morning, due to the condition
| Of the crops in the Northwest. Local rains
were reported from many points, while many
others said none had fallen yet, with great
need of it. Rain this morning covered a
large area from the Dakota hills east all
| along the Hastings 4 Dakota road, while
west of the hills it was dry. Winds are re-
| ported playing havoc with wheat fields i'll
| the northern localities where rain has not
fallen yet. In the vicinity of Grandin,
] some farmers that have reseeded once
will be compelled to seed over again.
of many sensational reports, but it is unques-
| tionably true that damage has been sus-
| tanned, with the extent of it contingent on
| future weather. Heavy rains are wanted
now bare would develop; without them the
| plant may be expected to amount to little.
| The weather is still threatening rain all
| around. With the uncertainty, traders were
way, but with the common feeling rather
tending to bullish view of the situation.
Business was reported very quiet all around
with New York. st. Louis and the LAX Mich
igan markets showing early weakness.
The first wheat futures sold at S6Ac ely.
and fell to 96lsc, and later on rose to SIC on
firmer quotations at other places. The smaller
receipts were hardening in effect, and report
of the farm movement was light. There was
no trading in any other than No. northern
wheat was changed to July on 1I3c difference
i'll favor of May. The trade was rather bull
iSh in opening, but was held down by weak
ness in the flour market and lack of general
strength at other places.
Sample sellers were holding the market
very steady and refused to make concessions
on the early break in speculative markets.
Buyers were picking up wheat a little more
freely in the morning, and the volume of Or
ders from outside mills shows an increase.
For choice No. northern wheat there was
good request,and for the few samples offered,
sellers obtained nearly No. hard price.
The best samples of No. 2 northern were
eagerly picked up at stiff prices. The de-
mand was satisfied before the close, and the
strength disappeared from the market,
though some buyers failed to secure all the
special lots desired. Receipts were lib cars
and 70 shipped out. Duluth reported "a cars
received.
Car lot sales by sample-Two cars No. I
hard, csc: 2 cars No. hard, 94c; 2 cars No.
/ hard. {, 0, b. CSC; 8 cars No hard, CSC;
2 cars No. | hard; I. o. 3, 90; 20 cars No.
northern, 99Ac; 2 cars No. northern, 9Oc;
cars No. northern, 92c: 2 cars No. 1
northern, delivered, Q2c; 9 cars No. north-
ern, Gle, 8 cars No. northern, o. t., 89l3c;
8 cars No. northern, 77c; 2 cars No. north:
er9. aci 4 esl2 No. 2 Northern. SOC; z
G cars ~; snSstasFn. SofSi Cars n N4
e ee1s Seivefsd 'isa No. north ns1s
ern, s2c; 8 cars. No, E northern, sac;
cars No, 2 northern. sOi cars No. ?
75c; / car No, q, 72c; 8 cars No. 3, deliv-
cred, 72c: 2 cars No. 8, 73c; 3 cars No 8,
71e; 2 cars No. 3, 72ci2 cars No. ST, o. b..
76c; Q cars No. s, zee; 2 cars rejected I. o. b.,
70c; cars rejected. &c; l car rejected.