St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-19
MINNEAPOLIS MARKETS.
Chamber Of Commerce..

The wheat market opened stronger
this morning with good demand, but
the enhanced views of sellers at first
were not met by buyers, until frac-
tiOnal decline had been submitted to,
when there was pretty good trading.
After the first fifteen minutes the mar
ket was easier on lower quotations
from New York. Chicago and other gen.
eral markets. But while there was an
easier feeling and some depression on
such reports, our market did not SYM
pathize with them to the extent of fol-
lowing them down to their lowest eX-
IRENE. There was more wheat wanted
on little breaks than there was for
sale, and the competition in bidding
for it left prices firm as compared with
other places. New \ ork touched CSC
about II O'Clock and seemed to be held
from going lower by the competitive
strength In the West. There was little
done during the early session that bore
the stamp of manipulation. either to
sustain OF break current figures, the
course OF prices being apparently left
to drift as the majority of business
changed from one side to the other.
The late good demand for cash wheat
suitable for high grade milling was
factor that aided in the sustaining of
the futures market. Considerable cash
No. northern has sold ut large pre-
MUM above the May future, which fact
seems to promise possibilities that cash
wheat may be called for, in the settle
ment OF May deals, in larger amounts
than will be comfortable for those hay
ing to supply it.
Wheat was first held at $3.50 for Nav,
but without buyers at the higher asking
price. Sellers then dropped to $500
99c to meet the demand and good busi-
ness was transacted. There was a later
drop to 9S114c, but there was too much
wanted at that for the amount on sale,
and the competition took it up to 81, but
it later fell back to u and f1uctuated
between q and %. The visible came
in early and showed a decrease of $751;
900 bushels, which was nearly what had
been expected, and had no effect in the
way of changing values. About 10
O'Clock May wheat got up to 99c with an
unsettled feeling. Liverpool was dull
Following are the closing quotations:
No. hard, March, sl.09; April, s1.1O;
May, Sill; on track, s1.1O@1. 12; No. 1
northern, March, CSC; April, CSC; May,
985sc; on track, 9Sc@S1; No. northern,
March, soc; April, see; May, soc; on
track, 90c. The usual liberal supply of
Monday was displayed ON the sample
| tables, but despite the weak tendency
of Eastern markets, holders were ask
ing about previous quotations for grade
| wheat. Buyers wants were not very
extensive, and up to IL clock not much
grain had been sold. No demand exist
ed for low grade stuff. and those in
search of good wheat were waiting for
lower prices. Some early sales were
reported as high as Saturday, but ma
jority of the sellers could not make
sales without reductions in asking
prices. Two days receipts were
270 cars, and So were shipped.
Duluth reported 10 on track. Local
elevator stocks decreased l32,3O9 bu
during the week. Duluth increased
4,756 blu. Car lot sales by sample:
cars No. northern, Csc Il car No. north
ern, f. O. b., 99c; 4 cars No. l northern,
S1.05: 2 cars No. northern, S1.O3; cars
No. northern, 99c; 6 cars No. north
ern, S1.0S: cars No. northern, 92c;
cars No. 2 northern, f. o. b.. 97c: 2
cars No. 2 northern, f. o. b.. Gle; cars
No. 2 northern, poor, 90c; 2 cars No. 2
northern, 97c; 2 cars No. 2 northern, O.
t., 97c; 2 cars No. 8, f. o. b., Gle;
car rejected, 6Oc; 2 cars rejected,
SO; 2 cars rejected, f. o. b., see;
2 cars rejected, soc; 2 cars no grade.
Csc; 2 cars no grade f. o. b., 36c; 2 cars
sample. S21Ic; 2 cars No. l northern,
S1.01; 2 cars No. northern. delivered,
CSC; IL carsi No. 1 northern, 9S15c; 2
cars No. northern, 92c; 3 cars No. 2
northern, 9Oc; 8 cars No. northern.
csc; 6 cars sample, SIC; 2 cars oats,
delivered, 19c; 2 cars oats, zoe; 2 cars
oats, 19c, 2 cars white oats, 24c; 2 cars
oats O. t.. CSC.
FLOUR AND COARSE GRAINS.
Market Record-Flour-The follow
ing mills were running to-day: Pills
bury A and B, Phoenix, Anchor, Wash
burn B and G, Galaxy, Columbia, Pet
tit. st. Anthony and Northwestern.
The added daily capacity of the ten
grinding amounts to 1880 bbls, but the
output for to-day will probably not ex-
ceed 1900. There was rather more en-
couragement in the demand than a
week ago, but prices have hardly i'm
proved in any respect, for either patents
at home or bakers abroad. On the con.
trary foreigners seem to be demonstrat-
ing that this country had reconed upon