St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-30
MINNEAPOLIS MARKETS
Chamber of Commerce.

News was mostly bearish this morning, and
gave force to the reaction theory. Cables
were quoted half-penny lower on white
wheat, though one said higher. There were
reports of more wheat selling i'll the North
west, and in the Southwest by farmers. The
inspection in Duluth since the rains show
smaller per cent OF No. l hard. Small bull
points were made on it, while the bears, on
the other hand, called it a bear pointer,
claiming that poor wheat pulls Gown the
price of good and would go more freely into
consumption, being cheaper. December
opened ssc lower, but frmed little later,
selling from 79s4c up to soc before the noon
hour September was mainly nominal at n
@77Ac; October HGl2c above September,
and May sold down to Sac. Heavy offerings
toward the last on prospective large receipts
broke the market, December closing at 79l4e.
following are the closing quotations: No.
l hard, September, 79s4c; December. S24c;
May, S64sc; on track, S10S2c: No. l North
ern, September, 76l2c: December, 79l2c; May,
$3.50; on track, 7S0T9c; No. 2 Northern,
September, re; December, 75l2c; May,
Receipts of wheat for the day were $50
cars. and 81 were shipped out, against $50
received and "a shipped out yesterday. Sell
ers were asking q shade better prices than
the closing of yesterday for the best grades
of wheat, but buyers were not willing to pay
any more than the last quotations. The
steady speculative markets prevented any
further decline up TO noon. and the average
paid for No. northern was 79l2c. Tables
were well loaded, and some of the stuff was
carried over. Duluth received 20S cars.
Car lot sales by sample: 2 cars No. hard,
S2I2c: 5 cars No. hard, S2lae; 5 cars No.
hard, sec; 2 cars No. hard, 92Ac; 80
cars No. l northern, 79c: II cars No. l
5 cars No. | northern, 79he; Is cars No.
/ northern, 7Sc; q cars No. ! northern,
79Iac; 10 cars No 1 northern, TO arrive &c;
10 cars No. ] northern, to arrive, 79l2e;
cars No. l northern, o. ". o.. 7al2c; 2
cars No. 1 northern, f. o. b.. SIC; cars No.
l northern, soc; 81 cars Nc. l north
ern. zee: IL ears Nc. 1 north
ern, 79I2c; cars No. northern, 75l2c:
l car No. 2 northern. f. 0. b., 75c; cars No,
northern, 7Sc: 2 cars No. 2 northern.
I. o. b., 77l2c; 2 cars No. 2 northern, 77c;
cars No. 2 northern, 76c; 2 cars No. 3,
69c; 2 cars No. g. 72c; l car rejected, Tic;
cars rejected. 73c; 2 cars rejected, 72c;
cars no grade, 45c: 2 cars no grade, (. O. b.,
zoe; cars no grade, 73c; 2 cars no grade,
65c; 2 cars no grade, soc; cars sample
Coo; car OATS (. o. b., PIC; car No. 2
oats, f. o. b., 23c.
FLOUR AND COARSE GRAINS.
Flour--The following mills were running
Saturday: Phoenix, Washburn 4 and C. An
Choir, Palisade, Pillsbury A, Columbia, Hum
boldt, Galaxy, St Anthony, Excelsior.
Petit. Crown Roller, Cataract, Standard
Minneapolis, Holly and Dakota. The added
daily output of the eighteen miils grinding
Saturday will probably aggregateZ5, c3S bills.
Flour was less active in demaRd due to the
break in prices Of wheat the preceding day.
There were fair Inquiries reported but as
manufacturers we're aszng the late advance,