St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-01
MINNEAPOLIS MARKETS.
Chamber of Commerce.

MINNEAPOLIS MARKETS. .
Chamber Of Commerce. rs
There was the usual late dizziness in
the market for futures at the opening
to-day. There were some orders in the
hands of brokers on both sides with
sellers pretty stiff at first, but finding
too much weakness among buyers to
The liberal receipts were trifle de-
pressing. and the large offerings of
damaged lots that stood about the SAM
pie tables without enough demand for
them encouraged feeling of weakness
in the option market. There have
been better farm deliveries in
country for the last two weeks,
and although that has been ac-
counted TOR as the last run before
spring work and forced to meet the tax
collector, the effect has been against
firm prices for futures. 1t was argued
that the run from farmers is about over
but while it continues TO show up the
bears are encouraged by it. There have
been few cars of wheat bought in St.
Louis this week for shipment to Mime
apOliS as all experiment, but whether
more will follow will depend on the re-
suits obtained from these. News from
other markets were uninteresting and
related chiefly to small gossip as
to what this OF that party was doing.
The opening sale of May wheat was at
Sl.08. There were many that wanted
to sell at that for the market to hold ND.
and it gradually settled down to S1.075S.
Then followed a rally carrying prices
back to S1.075s, remaining steady at 80
&c, but dull until about noon when
there was another decline to about
S1.075S@2. There was limited num-
Der OF outside orders and local opera
tors made up the balance of the busi-
ness, with no large lines moving ON
either the long side OF the short. The
common estimate of the reduction in
the country elevator stocks for February
made it about 1,250,000 bu but
the figures are mainly a guess yet.
Sample sellers were prepared to accept
lower prices for all grades of wheat,
and when speculative markets gave in
dication of weakness prices here were
promptly put down. Buying was not ac-
celebrated, however, and on the late adj
vance in speculative markets sellers
found that it was useless to advance
prices of cash wheat There was little
buying of the best grades and No.
MOI thern sold at S1.0S, while some No.
was reported sold at 96c. The decline
from yesterdays prices ranged from lie
to Sc. Receipts were 17s cars, and more
than 300 were represented on the tables.
Shipments were 81. Duluth reported
26 cars Oh track.
Car lot sale by samples: car No. l
hard o. t., Sl.1S; cars No. 1 hard f. o.
b., sl.171a: 4 cars No. northern del,
S1.0S; 13 cars No. ! northern, $1.06: 2
cars No. 1 northern. S1.1O; cars No.
northern choice, SLIP; l car No. l
northern poor, S1.O4; 8 ears No. I
northern. $1.05; 2 cars No. northern,
$1.0S; 9 cars No. ] northern 0. t., $l.09;
2 cars No. northern, S1.09; car No. 2
northern poor, 9Oc; cars No. north.
ern, Csc; 2 cars No. 2 northern, $1.06:
80 cars No. northern. SEC; cars No. 2
northern, $1.01; 2 cars No. 2 northern,
99c: % ears No. 2 northern, 961ac: cars
No. 2 northern, 9614 &c; 4 cars No. 2 north
ern, csc; cars No. 2 northern f. o. b.,
81; 2 cars No. 5, Csc; 2 cars No. 3, 94c; q
cars No. 8. SIC: 2 cars rejected, 75c;
car no grade, 79c: l car white winter,
81: 9 cars oats, CSC: l car screenings del,
IS: 2 cars corn del, 2Sc.
FLOUR AND COARSE GRAINS.
Four-The following mills were rum.
ming to-day: Pillsbury A and B..
st. Anthony, Galaxy, Crown Roller,
Holly, Standard and Petit. The added
daily capacity of the twelve mills grind
ing amounts to 2l,900 bbls, but the out
put for to-day Will probably not exceed
1850. Flour moved slowly, with good
basis of demand for export at 6d01S
under asking prices. If Northwest
wheat prices were in their relative
place as compared with prices at other
places in this country, Northwestern
miilerS could dispose of almost I'M
limited quantities of flour at paying
figures. But bakers goes abroad, sell
cheaper wheat, and patents are depended
upon to carry the increased price of
wheat. But the stock that is available
is small and prices will apparently be
pretty well maintained. A fair amount
of patent were distributed for the day,
but the demand was not active. Patents,
sacks to local dealers, S6.300s6. 40;
patents to ship, sacks, car lots, s606.20;
in barrels, $6.25(96.35; delivered at New
England points. S7@7.15; New York
points, S6.90@7.05; delivered at Phila-
delphia and Baltimore, s6.S5@s6.95;
bakers, here, $4.209s5.20; superiine.
s2.5O(04.1O; red dog, sacks, s1.35@1 80;
red dog, barrels, $1.60@1.S5.
Bran and Shorts-Bran was dull and
we'll sustained at S9@9.25 for good lots,
and shorts at SS.50@9.5O for common to
choice fine.
Corn-Corn continues to arrive freely
and considerable is going through to
Lake Superior and upper Lake Michi-
gan points. while SOME is going through
to New England points by rail. That
corn is arriving mostly over the Omaha
and Minneapolis q st. Louis roads, and
promises to largely increase in the fut
ure. Local sales of ungraded were
mostly at 27(02Sc.
Oats-The oats trade was steady, and
most fair lots brought by sample 23(024c,
with a total range from 20@2Sc.
Barley-ThiS market was unchanged.
Choice barley sells readily when offered;
moderately good fairly well at 40(950c,
but badly stained frosted and unattract-
i've samples are unstable.
Hay-The hay market dull at S3@3. so
for wild, S5.50@7 for timothy.
Feed-$11. 50@l2.50.
FlaX-Quoted at S1.42. Chicago, s1.4S.
FLOUR SHIPMENTS.
Milwaukee road, $500 bbls: Omaha,
1.69S bbls; Minnea polls & st. Louis. 7SS
bblS: Wisconsin Central. 500 bblS;
Manitoba, 375 bbls; st. Paul d Duluth,
1900 bbls; st. Paul & Kansas City,
7S7 bbls; Chicago. Burlington Il North
ern, 1865 bbls; Minneapolis Pacific,
2,S75 bblS; 500 Line, $50 bblS. ).
CAR LOT RECEIPTS. f.
Following are the Minneapolis wheat
receipts by roads: Milwaukee road, 655
cars; Omaha, 16 cars: Minneapolis u
st. Louis, cars; Manitoba. SO cars;
st. Paul & Duluth, 1 car; Northern Pa
cifc, % cars. I
STATE GRAIN INSPECTION. e
all -, A.. q