St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-18
MINNEAPOLIS MARKETS.
Chamber of Commerce.

MINNEAPOLIS MARKETS.
Chamber of Commerce.
The wheat market was higher. with a
fair demand at the start, at about the
closing price of the preceding day. At
that there were too many buyers, with
too many orders for all to be accom-
modated at the opening figures, and
prices advanced rapidly, with sales
soon made at 111ac above the opening
price. No one seemed to know just
why he bid higher, excepting that the
market was advancing and he had some
short wheat to provide cover for. Be
fore II o'clock the shorts were pretty
well taken care of, and the movement
ended, followed by some weakness and
considerable weakness. 1t being the
close of the week scalperS had no notion
of buying short over Sunday, and there
was nothing new in sight to go long on.
There were some estimates reported by
Bradstreets, and they were wiied all
about, but whether they related to the
quantity of wheat in this country or in
Borneo, no one receiving or sending
them seemed to fully understand, nor
did they agree as to whether the amount
was 100000 bu or 191. 0O0, 900 bu.. There
was nothing new in the situation.
Wheat movement was fair from the
country, but little was doing in the way
of farm movement in the country.
The opening for May was at 9Sc and
prices steadily advanced to 9919c, de-
clined to 99c, rose to 9919c, and soon
after 70 O'Clock fell back to 9S2Ic. with
only moderate business during the
decline. There was some uncertainty
about the future of the weather as to
whether the seeding may or not be
begun again at an early date. Business
seemed to be pretty well evened up
early in the day, and there was not
much disposition to open up large lines
again before the beginning of another
week. There was moderate display
on the sample tables and as during the
past few days. there was not enough
good milling wheat to fill orders with.
Sellers were aware of this and put up
prices promptly to figure that shut
off trading to large extent. Holders
were asking about &c more for
grade wheat than yesterday, considering
themselves justified by the SC advance
in outside markets. Receipts were lit
cars, and 65 were shipped out. Low
grade wheat was slow sale at old prices
and not all the good wheat was cleaned
up during the session. Up to IL o'clock
very few sales had been made. Duluth
reported a on track. Local elevator
stocks are expected to decrease loo, 600
bu for the week. Car lot sales by SAM
ple-2 cars No. hard. Sill; II cars
No. 1 hard, SLIP; 2 cars No. north
ern, s1.01; Gears No. northern, choice,
s1.0415; 2 cars No. l northern, s1.02;
4 cars No. Northern, sl:o9; cars No;
1 northern, S1.02: % cars No.
nnrfharn 91. aarS No porfhprp old
del, Sill; 5 cars No. 9 northern. 92c;
cars No. 2 northern, CSC; cars No. 2
northern, 96c; 2 cars No. 2 northern,
94c; Q cars No. 2 northern, 97c; 8 cars
No. northern, 90c; cars No. Q north
ern, &c: Q cars No. 2 northern o. W. b..
9315c; 2 cars No. 2 northern, 95c; 2 cars
No. 5, SIC; 2 cars No. 8 f. o. b., SIC; l
car rejected, Coo: 2 cars rejected, 7Sc;
2 cars rejected, f. o. b., 7Sc; 9 cars no
grade, Csc; cars no grade f. 0. b., 42c;
car no grade, SIC; 8 cars no grade, 32c;
2 cars oats, 221ac; Q cars oats, dc;
cars barley, Ale.
FLOUR AND COARSE GRAINS.
Market Record-Flour-Th follow
bury A and B. Phoenix, Anchor, Wash
burn and G, Galaxy, Columbia and
Petit. The added daily capacity of the
nine mills grinding amounts to $4,000
bbls, but the output for to-day will
probably not exceed 1900. There was
about the usual late inquiry for -four.
but that was too little to take the trade
out of the dull rut it has travelled for
some time. Some of the local mills were
running actively. while others COM
planned of lack OF enough demand to
remove the production and the
latter were not disposed to push
their output. 1t is probably true
as claimed that anything like steadiness
ward tendency for week or two, would
bring out larger inquiry for flour, as
the amount of -four in the hands of
retailers and Jobbers is not generally
large. The accumulations are princi-
pally in the large cities. Patents, sacks,
to local dealers, 10000: patents to
ship. sacks car lots, S5.S0@6; in barrels,
s6(96.15; delive red at New England
points, s6.75@7; New York points,
s665@6.90; delivered at Philadelphia
and Baltimore. S6.60@6.S5; bakers
here, S4@4.75; superfne, S2@3.50: red
dog, sacks, $l.35@1.50; red dog, barrels,
S1.60@1.70.
Bran and Shorts-Are not essentially
changed, with continued dizziness the
rule. Bran QuotabIe at SS25@9.25. and
common shorts some Csc below these
prices.
Corn-There was but little doing in
corn and but small amounts of spot corn
offering. Sales were made at about 29c,
to arrive for good ungraded.
Oats-This market was OverstOcked
with poor quality and sales were eff
fected with difficulty. Quoted from
20(G2Sc.
Barley-There was no change in the
range of prices, with very little of good
quality ON the market. Quoted from
3O@5Oc for stained to bright; existed,
40950c for stained to bright.
Hay-The Hay market dull at $50
$50 for wild; S5.5O97 for timothy.
FlaX-Quoted at $3.50. Chicago, 81. Sc.
Feed-S11@12.
FLOUR SHIPMENTS.
Following shows the shipments of
-four from Minneapolis, Jan. 1 to date
and same time in 1888: 1889, bbls, 892,-
100; 1888, bbls, 1,156.262.
FLOUR SHIPMENTS.
Milwaukee road, $500 bblS: Omaha,
9S3 bbls; Minneapolis & st. Louis, 800
bbls; Wisconsin Central, 400 bbls; st.
Paul 81 Dakota. 375 bbls; st. Paul d
Kansas City, 40 bbls: Chicago. Bur-
lington & Northern, 1905 bbls; 500
line, G, 429 bbls.
CAR LOT RECEIPTS.
Following are the MINNEAPOLIS wheat