St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-06-17
MINNEAPOLIS MARKETS.
Chamber of Commerce.

The markets were very unsettled to-day
and prices fell from the opening figure more
than &c in the early part of the day. There
was large trade during the decline. The
business was chiefly in the July month.
though there was some trading in August.
One lot OF August, 20 900 bu, sold at $3.50.
For July S4l2c was asked at first but the
market fell quickly to 64Ac, and then fell to
82SSc, with much excitement. The bulk of
old business was in July, and the more de-
ferred months were difficult to get trade in
during the decline, the operators being all
mixed up in
July, on the one side or the other. Several
parties trying to sell September were unable
better A good inquiry developed at the bot
tom, and by 2 O'Clock July was back to S3c.
At that point there was small demand for
September at S3c, with August wanted at
94Ac. Bad winter wheat reports had small
influence
Following are to-day's closing wheat quo
tations: Grades-No. 1 hard, June, S3c;
July, $780, on track, sec; No. northern,
June, sec; July, s2sse; September, S CSC;
July, SOc on track, 81@92c.
CASH WHEAT.
Receipts of wheat, including Sunday, were
ia cars; shipments, 81 cars. A few cars of
wheat of good selections were taken early in
the day, but before many had been bought
there was a severe break in futures. carrying
that market down some &c from the open
ing During that time buyers of cash wheat
stood back to wait the effect of the break in
futures to bring prices of cash stuff down
with them. Along toward the noon hour the
market had become steadier and cash buyers
had began to pick up what they could at the
lower prices shown in the accompanying Ia
bic Of sales. 1t was very hard day to sell
cash wheat on. excepting the little that
early that 1t was impossible for holders to
work off more than small quantities. except
at reduced figures.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
5000 bbls. Some millers talk that more in
terest is shown, by more repeated inquiries
for their flour. Others saw little change
Monday from Saturday, or Saturday from
week ago. They all admit that buyers have
stood them off remarkably long, and account
for it the low state Of reserves among
dealers. Further the export demand takes
nothing in the line of patents. Mlllers are
capable of grinding flour enough in few
weeks to supply domestic demand for many
weeks. &c. without foreign movement the
manufacturing of flour cannot be satisfac-
tory as q large part of the machinery and
many of the help to produce it are idle.
Patents were quoted al 4.7O@5, and bakers
S3.20@3.90, though some asked more.
Patents delivered at the Atlantic coast were
held at S5.20@5.5O. with no request to
speak of.
Bran and Shorts-There was the usual act
i've requests of shorts and middlings at $3.50
oil, with bran held at S8@8.5O. Shipments,
$40 tons.
Corn-Dull and selling at 32l2@33c, and
some held at 33c on track Receipts, 10, $50
blu: shipments. 1000 blu.
Oats-Some demand was noted at about
27@27I2c for white. and 26@27c for mixed.
Receipts 10, 800 bu; shipments 900 bu.
Barley-No demand to speak of. Some
stained that has been held at 35c for several
days found no place.
Flax-Prices nominal at about S1.33.
Feed-Sales for No. l feed from the mills
were made at SI3 f. o. b. That was the usual
asking price. Coarse meal held at about
$3.50 f. o. b.
Hay-As usual 6prices ranged wide apart
for wild, from S9.50@10 for poor to choice,
with some request for timothy at $l0911.
Receipts, Id TONS
FLOUR SHIPMENTS.
Following shows the shipments of flour
from Minneapolis Jan. 1 to date, and same
time in 1889:
1890 bbls 2, 1874 937 1889 bbls. q 2Os. IA
STATE GRAIN INSPECTION-WHEAT.