St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-09-02
MINNEAPOLIS MARKETS.
Chamber ofColnrnerce.

WHEAT FUTURES.
Wheat reached lower point for futures
yesterday morning. December selling down
from ST.. O0ss to 99ssc, but, rallying later, ad-
vanced to the opening price before II
O'Clock. There was some wheat sold against
country elevator stocks and late country
purchases. A reasonable number of small
buying orders came in from outside parties
for the purchase of December The deliver
les On September sales were very light, and
were limited chiefly to old wheat on special
contracts. A good deal of activity was noted
in the buying and selling among flour opera
tors. who drifted with the fluctuations in the
general markets There was good deal of
bear feeling noted here, the drift of senti-
ment from outside points indicating much of
the same tone. The large amount of wheat
daily going from here to outside millers
caused some comment. Flour was reported
in public cables a turn dearer. September
wheat ranged between 961ic and orc most of
the day, with q few sales of october about
1Ac above September Following are the
closing wheat quotations: No l Hard-Sep-
Iember, 81; on track, Si.O5@1 OF. No. l
ACKNOWLEDGEMENTS, 95S4c; october, 96Ssc;
December, 99Ac; on track. S1.02@l.o4. No.
neutrality-suspicious. 92c. New wheat on
track quoted: No. 1 hard. $1.O2; No. 1
northern, 97c; No. 2 northern, 92@93c.
CAsHwHEAT.
Wheat receipts reached 800 cars, and ship
ments were 100 cars The inspection showed
1853 cars graded, of which 1873 cars were new
and graded 13 No. hard, 3o No. north
ern, so No. 2 northern, No. 3, IL rejected
and % no grade.
Most receivers reported that they found it
rather easier to sell their wheat than on Sat
urday. but they had to accept the low prices
established then; there were more buyers of
it. but the competition between them was
not of that aggressive character sometimes
seen. They wanted wheat, and when the
quality of it suited they took it readily on
the current basis. Offerings were quite
large on the sample tables, and more of 1t
was out of condition due to the late rains.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
%, 600 bbls. This market remained slow in
movement. and after all the inquiry seems to
take care OF the current output quite we'll.
The break in wheat was unfavorable to ac-
tivity. and prices may have to be dropped TO
meet it, though old wheat declined very little
as compared with new The flour is made
now from the old wheat and is a little cheap
ened by the fall in prices of the new. Patents
were quoted by millers at $5.55@5.95 here;
bakers. 81 $500. So, and low grades at Sl.95
2.35 including red dog. Shipments, 49,
$50 bbls.
Bran and Shorts-Steadiness was main
tanned in these commodities, with brau going
at S1175@l2.25, shorts at S13.25@13.50.
and middlings at S14.25@15. Shipments,
97s tons.
Corn-Trade was slow, with holders ask
ing about 46@l47c for sound stock, on track
and I. o. b. Receipts, 4,2Iu pu; shipments,
none.
Oats--There was fair inquiry for good
grain. and the market was maintained at 33
@3oc for fair to good lots by sample.
Rye-Demand good for No. 2 at about 60c
in car lots on track
Barley-The barley offered was held at
about 45@55c, that included what would be
called poor to choice No. 8. the latter being
fairly bright and plump.
Flax-Receipts, 1000 bu. The inquiry
was good with sales at S1.3501.36.
Feed-Good mixed iced and coarse corn
meal quoted at the mills at about $3.50,
with little variation for the small difference
in qualities.
Hay-Upland wild was worth about $3.50
for good. and some fair TO good wild sold
at SS.5009. Receipts, 14S tons; shipments
none.
FLOUR SHIPMENTS.
Following shows the shipments of flour
from Minneapolis, Jan. l. to date, and same
time in 1889:
1890, bbls. 4. las. 967 1889, bbls. 8, 291 ,264
STATE GRAIN INsPEcTIoN-wHEAT.