St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-14
MINNEAPOLIS.
Chamber Of Commerce.


The early hours found unusual inter-
est in the wheat market. The sharp
and important advances for the last few
days were too unusual to leave any can
fidence in their permanency, at least,
In the other direction. The crowd was
bullish on general principles, but pre-
pared on the slightest indication of
weakness to take the other side for a
turn. There had been nothing but SEN
timent to change the range of values.
and sentiment is too vaporish to build
upon. The longs. it was feared, will
sell on bulges, and leave the load in
hands Of people too weak or too devoid
of the pluck to carry it. The mar
ket opened at about S1.13 for May wheat
with small fluctuations, advancing to
S1.13s with pretty good buying de-
mand. From that point there was a de-
cline and general rush to sell and the
market went off to SLIP and as quickly
returned to Sl.121s and with some dull
ness hung at $1.121a@1.12&. New York
fell &c from the highest of yesterday
and Chicago dropped more. Later in
the day there were small changes with
moderate trading and closing firm at
S1.12sl May. Following are the closing
quotations. No. l Hard-February,
s1.2O; March, 1921; May, $1.251S; on
track, S1.20; No. MISUNDERSTANDING,
Sl.10; March, Sill; May, s1.1215; on
track, 1.10@1. Ii: No. 2 Northern-Feb-
ruary, 81; March, s1.0l: May, $1.12sl;
on track, $1.02@1.05.
There was less demand for sample
wheat among miliers than for the last
few days, and the apparent hesitation
nf cnnnntotIUa n1GrEnfc ohinf.
cause of 1t. 1t is acknowledged that
good wheat is scarce, but buyers seem
TO think that all kinds of milling wheat
were plenty enough at the prices asked.
Sales were slow, some few orders being
filled from outside points at the start.
but local millers preferred to hold off
to see if prices will not decline further.
Receipts were 105 cars for the day. and
45 cars were shipped. Duluth reported
5 cars. Car lot sales by sample: cars
No. 1 Northern. $l.10: 10 cars No. 1
Northern, 10: 10 cars No. Northern,
S1.lO15; 2 cars No. l Northern, f.
o. b., SLIP; 4 ears No. 2 North
ern, SLOT; 2 cars No. 2 Northern,
s1.0415; 2 cars No. . Northern, Sl.06;
5 cars No. 2 northern, Sl.04; car
No. 5, 97c; 3 cars No. 8, 99c: 2 cars No.
8. 81: l car rejected, 90c; 2 cars re-
Jected. 95c; L car no grade. 7Sc; ears
no grade, roc: 2 ears no grade. 6Dc;
1 car no grade, f. o. b.. soc; 5,OoO;sam-
pies to arrive, s1.14; cars sample.
$1.OS; cars sample, 55c; 2 cars sample,
Csc; car corn, o. w. d., 271sc; cars
corn. 2719c; 2 cars corn, &c; ears
oats, 2411ac.
FLOUR AND COARSE GRAINS.
Flour The following mills were rum
ming to-day: Piiisbnry A and B, Phoenix,
Anchor, Washburn B and G, st. An
thony. Holly, Petit and Galaxy. The
added daily capacity of the nine mills
grinding amounts to 1880 bbls, but the
output for to-day will probably not
exceed $4,000 bbls: Patents. sack to 10
cal dealers, s6.2O@6.5o; patents to ship,
sacks car lots, S6@6.l0; in barrels, 1915
@6.25: delivered at New England
points, s6.9O@7.o5; New York points,
S6.s0@6.95; delivered at Philadelphia
and Baltimore, s6.75@6.90; bakers here,
s4.1o@5.1O; superfne. $2.50@4.lO; red