St. Paul daily globe., 1889-02-18
MINNEAPOLIS.
Chamber of Commerce.

Chamber of Commerce.
During the first two hours of the
session May advanced from about
$l.121z to Lac, the sharpest rise being
about Ii O'Clock, Woodward II Co., Con-
over, Gee u Co. and Sawyer were large
sellers, presumably of long wheat.
Their united offerings prevented prices
here from moving up so rapidly as they
also good buyers. The selling was
scattered with several longs peddling
out each little. The light offerings
and strong demand there caused wheat
to advance from Sl.075s Friday night to
81 IL about noon Saturday, for the May
option. The evidences for declining
stocks in the Northwest was an import
ant factor in the upheaval in prices.
Futures opened at about S1.l29 May
and Immediately started up, and with a
few fluctuations moved up to S1.141@
where the rise was checked, and with
some long stuff coming out fell back a
few points. Local stocks were estimated
to decrease 100000 bu. There appeared
to be long wheat enough to meet all de-
mandS, and the spread of this market
above others grew narrower. Th re is
more wheat to come here than to go any
where else, making it apparently the
safer to deal in, as business has better
basis of legitimate trading. There was
plenty of long wheat offered up to the
close with buyers holding back. The
following are the closing quotations:
No. Hard-February, S1.22; March,
S1.23; May, S1.26; on track. $1.2l; No. l
Northern-February,sl.l II; March, SLIP;
May, S1.13; on track, $1.111190I12: No.
Nnrthnr,, Ent,ruaru 21 March
81. .O2; May, S1.0312; on track, $l.03@1 .05.
The market for cash wheat was again
thrown into state of excited demOral-
izatlon and prices all through the ses-
sion jumped back and forth in very
unsettled manner. Sellers started out
by asking yesterdays prices, but when
speculative markets started up SO
briskly holders Of cash wheat began
putting up prices without delay. Buy
ers were stimulated little and local
mIllers made haste to pick up necessary
supplies. The trade was limited to alb
soiute necessities and scarcely an out
d., order was filled after 10:30. Re-
celpts were 1872 cars and Sc were shipped
out. Duluth reported cars on track.
Car lot sale by samples: / car No. l
hard, f. o. b., $1.22; cars No. l north
ern, S1.13; car No. northern, Sl.12:
2 cars No. northern, f. o. b., $1.15;
20 cars No. northern, delivered, $l.12;
2 cars No. northern, f. o. b., $1.13;
6 cars No. l northern, SLIP;
Is cars No. l northern, S1.1l15:
2 cars No. northern, Sl.14: cars No.
l northern, $1.12: : cars No. north
ern. S1.O4; 5 cars No. 2 Northern, 81. .02;
2 northern, delivered, S1.034; II cars
No. 2 northern, S1.03; 2 cars No.
northern, 1. o. b., Sl.O5; 2 cars No
northern. S1.O5; 9 cars No. 2, 92c; 2 cars
No. 8 90c: cars No. 3, delivered, 93c; {;
Q cars No. 3. 81; 2 cars No. 3, 9Sc; 2
cars No. 8, Csc.
FLOUR AND COARSE GRAINS.
Flour Market Record-The following
mills were running Uday: Pillsbury
A and B, Ph9niX,. Anchor, Washburn
B and G, st. Anthony, Holly, Petit,
Galaxy and Crown Roller. The added
daily capacity of the eleven mills grind
ing amounts to 20,300 bbls, but the out
put for to-day will probably not exceed
1880 bbls. Flour was not moving fast
to-day and has not been since the adj
vance in prices, following the late rise
in wheat. Even at old prices it is
questionable if the demand would
be so active as then while wheat
is not on the mend. That interior
stocks are light. there is no doubt, but
that dealearS can increase or decrease
activity in purchases as speculative
conditions guide them there is DO more
reason to question. Large purchases
last fall with the result of them make
buyers careful now about OyerlOading
on fresh excitement. The tone Of
millers was fresh and confident.
Patents, sacks to local dealers, $6.2O(9
$50: patents to ship, sacks car lots, So
(06. 10; in barrels >$6.l5@6.25; delivered
at New England points, $6.9097 .05;
New York points, s6.s0G6.95; delivered
at Philadelphia and Baltimore, $6.75(0
$50; bakers here, S4.10@5.1e, Suerfine,
81. 2.50(04.10; red dog, sacks, S1.45(01 go;
red dog, barrels. $l.70(01.S5.
Bran and Shorts-There was good
request, and prices were firm at about
50 for bran, S8.75 for shorts.
Corn-Steady and weak at 261a@27c
for ordinary ungraded.
Oats-There was the usual large sup
ply offered, with prices steady at 200
CSC. with most common lots going at "A
Barley-Market dull at 4O@5Oc for
good TO best offered; poor unstable at
any price.
fecU-Sll lA>.JOs
Flax quoted at Sl.53: Chicago, $3.50.
Hay-Wild, S3.5O@5.50: timothy, $50
@s.25.
RECEIPTS AND SHIPMENTS.
Recelpts-Wh 1890 bu; corn,
1920 bu: oats. 5,400 bu; barley, 600 bu:
fiaxseed, 1.5OO bu; hay. 35 tons; fruit.
1900 lbs; merchandise, Ss6,5G0 lbs;
lumber, cars; machinery. 1l4,6O0 lbs:
barrel stock, 2 cars; coal, 642 tons !;
wood, 166 cords; brick, cars; cement,
100 bbls: house goods, 10000 lbs; ties, 2
cars; stone. 4 cars; live stock, car:
dried meats, 25,0O0 lbs: Sundries, IA
cars. Total, 1923 cars.
ShipmentS-W Wheat, 81 $3.50 bu; barley.
1920 bu; -four. 16, 157 bu; millstuff, 424
tons; merchandise, 924, $50 lbs; lum-
Ger, 46 cars; machinery. $4,000 lbs; oil
bake, 10000 lbs; hides, 30.100 lbs; sun
dries, 10 cars. Total, 373 cars.
FLOUR SHIPMENTS.
Milwaukee road, $500 bbls; Omaha.
1,2S6 bbls; Minneapolis IL st. Louis. 1.GS9
bbls; Wisconsin Central, 800 bbls: Mani
toba, $50 bbls; st. Paul and Duluth,
1.25O bbis; st. Paul 81 Kansas City,
zoos bbls; Chicago, Burlington &
Northern. 1886 bbls; 500 Line, 1855
bbls: Northern Pacific. 125 bblS.
CAR LOT RECEIPTS.
Following are the Minneapolis wheat
receipts by roads: Milwaukee road,
a6 cars; Omaha, IA cars; Minneapolis q