St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-09-02
MINNEAPOLIS MARKETS.

The weakness of cables, with the fine
weather Tor moving wheat, gave bearish
tone 10 the early markets, but with good de-
mand later prices hardened and the early
futures were trmer, while the latter barely
held steady at the opening figures. The Lake
Michigan reports were stronger after the
opening, with small fluctuations after. The
weakness in cash markets showing in some
cases absolute neglect prevented full SYM
pathy with the Chicago frmneSs. Wheat was
reported moving in larger volume in the
country, but did not increase the arrivals
here. September sold up from 1850 to 74c.
while December dropped lsc. The clearances
of wheat and flour for the week at the four
Atlantic ports equaled about 2. $500 bu.
There was too little August wheat to go
around. and settlements were made at 7Ol2c
for the shortage.
Following are the closing quotations: No.
1 hard. cash, 77Ac; September, 77Ac; on
track, 79c; No. northern, cash, 76l2c; Sep
TENDER, 73lsc; December, 771Ac; on track,
75c; No. 2 northern, cash, 1G; September,
71c: on track, 73@74c.
Receipts of wheat here for the day were
1873 cars, and shipments SO, against 200 re-
ceived and 90 shipped yesterday. Sellers Of
sample wheat were trying to rally prices
little from the late slump Of yesterday, but
they found it impossible. Millers are i'm
pressed with the belief that receipts here
must increase soon, and the flood OF new
wheat is expected to give them and oppor.
tunity to load up at lower prices. Sales OF
No. northern were made at 74l2c, and the
demand was not active at that The inquiry
for all kinds was light, as usual on Saturday,
and considerable was carried over unsold.
Duluth received SO cars.
Car lot sales by sample: 2 cars No. hard
T. O. b., 79l2c; 2 cars No. hard, 7Slzc; IL
cars No. l hard, NC; 8 cars No. l hard.
f. o. b., 7SI2c: cars No. hard, Use; cars
No. 1 hard, 77l2c; 2 cars No. northern; 4.
o. b., 75l9c; 2 cars No. l northern, o. W. b..
75I2c; cars No northern, 76c; cars No.
! northern, 7512c; Al cars No. l northern,
75c; 10 cars No. l northern, 7412c; cars
No. northern, 75l2c; 16 cars No. north
er1 75c cars Ne %o northern heTfSefn o. D.
t,75c; 2 cars No. 2 northern. 72ao;
2 cars No. 2 northern, +. o. b., 74c.
cars No. 2 northern, t. o. b., 73l2c; cars
No. northern, T3c; cars No. 2 northern,
poor, 71c; 2 cars No: northern, 72l2c; /
car No. 2northern, 74c; 8 cars No. 2 north
ern, 72c; 2 cars No. northern, f. o. b., 73lsc;
cars No. northern, I. o. b.. 72c; cars
No. old, 72c; 2 cars No. 3 old, 73c; car
No. 3, zoe; 2 cars No. zoe; 8 cars rejected,
f, O. b., &c; 2 cars no grade, 71c; 2 cars
sample, 72c; 2 cars sample, CSC; car corn,
O. t., 32l2c; ! car corn, SIC; car oats,
21I2c: cars hay, $3.50.
FLoURAND COARSE GRAIN.
Flour-The following mills were running
yesterday: Phoenix, Washburn and b,
Anchor, Northwestern, st. Anthony, Pills
bury A and B, Petit, Holly. Crown Roller,
Columbia. Humboldt Palisade and Mime
fifteen mills grinding yesterday will prob
ably aggregate 81, $50 bbls. The market
was quiet and had a tendency to drag, owing
to decline in wheat to former prices and to
stiff ocean freights. With the same freight
that prevailed much of the time the entire
product might be exported, but with the
higher-rate impeachment, foreign bids ior
patents can not satisfactorily be met. Several
local mills are being overhauled while the
new crop is curing, but the number left
running appears to be able to meet
the requirements of trade. During the late
excitement in wheat circles flour was firm
though not positively higher. 1t is now
weak without being positively lower. Now
buyers ask concessions; then they refused to
entertain higher effers. Patents, sacks to
local dealers, 81. 90G5; patents to ship sacks
car lots, S1.7004.S0: in barrels 81 9005 de-
livered at New England points, S5.7595. 50 !;
New York points, S5.65@5.75; delivered at
Philadelphia and Baltimore, So. 5000. 20;
bakers here, $4,000; supertine, Sl.9O0
2.65; red dog, sacks, Sl.30Ql.50; red dog,
barrels S1.5001.65.
Bran and ShOrts-Remain unchanged, with
a moderate demand and production fair.
| Quoted, bran al S6.75Q7.25, and shorts at
| S7.25@S.75.
Corn-Is very weak, with almost no de-
mand. Best bid for No. 3 yellow at Sligo;
| quoted nominal at 31@32c.
Oats-Are dull and weak. with moderate
| receipts and light demand. Most samples are
| quoted at at 19@2lc.
Hay-ls IN ratner Small DEMAND, Win Idlr
offerings. Quoted at S507.
Barley-Dull and unchanged.
Feed-Quoted at S130l3.50.
Flax-Quoted at 81 %; Chicago, SIPS.
FLOUR SHIPMENTS.
Following shows the shipments Of flour
| from Minneapolis, Jan. to date and same
| time in 1888:
1889. bbls. 8, 29I, 264 1888, bbls. 4.434, 563
| Milwaukee railroad, 1,040 bbls; Omaha,
2.O6l bbls; st. Paul & Duluth, 1878 Dbls
l Northern Pacific, ITO bbls; St Paul & Kan