St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-13
MINNEAPOLIS.
Chamber of commerce.

CnanDcr OI Commerce.
Natural reaction has followed the late
season of depression, and was delayed
by large aggregates of long wheat,
taken on during the decline and hung
in the balance. There have been i'm
portant liquidati0ns of them, and the
market, less weighted with loads to he
dropped OH each show of depression,
for day or two moved up with light
ness and ease not known for long
time. There has been no especial rea-
son for the advOnce, excepting that lit
tie wheat was offered and there was an
increased demand for it. Cash wheat is
now in demand from all quarters,
and flour buyers are picking up
flour beyond the current output.
The market opened at about Sl.1119,
May, against a closing of $l.10% the
night before. The demand was fair,
with considerable offering. but prices
continued to move upward, with Occa-
sional breaks, until at IL o'clock SI.13L
was touched; the price held there for
moment only and gradually settled
away to 81. 1875, and rose again to S1.1317
shortly after. There was great strength
and activity reported in Chicago, and
the spread of that market of sc below
this narrowed from sc in the morning
to 3szc at noon. New York in the mean
time moved up 2Ic. Flour advanced
about loo for patents. The close was
firm with light trading at good-sized
fraction below the best figures of the day.
Following are the closing quota
tons. No. l Hard--February, S1.23;
March, S1.24; May, s1.2615; on track,
March, Sill; May, $l.13; on track, Sill
M1.uL; No. Northern-February, 81;
March, sl.01; May, $1.0319; on track,
S1@l.05.
Sample tables contained smaller
amount of offerings than on the first day
of the week, but in the eyes Of sellers
the quality was enough better to atone
for the decreased quantity. Sales of
No. northern were made at Sl.14 and
some sold as low as S1.10. There was
also less buying than yesterday, but
huyers were paying the advance with
some hesitancy.- The sample market
was excited and the range of prices was
wide. Buying would have been more
active had the trade been convinced
that the advance is permanent. Re-
ceiptS were 90 cars and 80 were shipped
out. Duluth reported % on track.
Car lot sales by sample: cars No.
l northern, $1.13; Q cars No. l north
H.. Ill -
s cars No. 2 northern, Sl.04; cars No.
I northern, 81 ~; 2 cars No. north
ern. arrive, SLIP; car No. l northern,
81. 1917: 10 cars No. l northern, to arrive,
Sill: 9 cars No. northern, on track,
s1.O3: cars No. 2 northern, on track,
81 .O715: 2 car No. 2 northern, S1.10;
9 cars No. 2northern. $.04; 2 cars No. 2
northern, delivered, S1.03; 2 cars No. Q
northern. S1.O5: ears No. 2 northern.
sl.O3: 5 cars No. 2 northern, s1.01; 2
cars No. 3 northern, Csc: 2 cars No. 3
northern, CSC.
FLOUR AND COARSE GRAINS.
Flour--The following mills were run
ming to-day: Pillsbury A and b. Phe-
nix, Anchor. Washburn B and c, st:
Anthony. Northwestern Holly and
Galaxy. The added daily capacity of
the ten mills grinding amounts to 1880
bbls, but the OUTPUT for to-day will
probably not exceed 600.
The sales of flour made by local mill
ers last week foot up 10000 bbls being
of patents. Some millers not having
much accumulation put up their prices
a little, as they do not want to unload
lust vet. Others sold steadily at the old
figures. To-day the demand was good,
and the quality of it shows that Interior
stocks are low, as each dealer wants to
get in some stock before the advance
they fear occurs: Patents, sack to To-
cal dealers, s6.2O(06.3O; patents to ship,
sacks car lots, s6@6.l0; in barrels. 1913
06.25; delivered at New England
points, S6.9O@7.05; New York points,
So. SO@6.95; delivered at Philadelphia
and Baltimore. s6.75@6.90; bakers here.
S4.1O05.1O; superfne, S2.50@4.l0; red
dog. sacks, s1.45@l go; red dog, barrels.
$1.70@1.S5.
Bran and Shorts-There was no