St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-08-21
MINNEAPOLIS MARKETS.
Chamber ofColnInerce.

The feeling was decidedly strong IN the
wheat market yesterday morning, and buy
ers showed strong confidence in yet higher
prices. Late futures were relatively higher
than early ones, and December went up in
the fore part of the session to Sl.O6. After
all. considerable caution was observed In
opening new business, and while the de-
mand was active longs were realizing on fair
profits, only to buy back on small breaks
again. Foreign markets are beginning TO
sympathize more with the advance on this
side in both wheat and flour. Liverpool and
London quoted tirmer. The temperature
was higher in the north. and the frost
scare we'll over for the present. but late
wheat is said to be hurt. Some expected
break after the heavy advance of the last
two weeks, but what the bulls call 1.-The
and many that had expected break bought
back wheat sold early. Following are yes
terday's closing wheat quotations: NO.
hard, August, 81. 10; on track, VI. l4@1 10;
No. northern, August, S1,02A; September,
ST. O5l2@1.O8; No. northern. 81; on track,
$1@1.O3
Few wheat ON track, quoted: No. l north
ern, $1.O3@1. 05: No.2 northern, 9Sc@Sl.O1.
CASH WHEAT.
Receipts of wheat are n cars i'll the last "a
hours and shipments SO cars. The 1nSpec-
ton showed So cars of new in for the day.
Of these % were No. l northern, q were
No. northern. No. and 8 rejected. The
Qouduu lOT Olu was SOOus du0 WdItOd ny
millers here and outside. The new was taken
by carriers at their own figures for all they
could buy. They could take IL against sales
of futures. Some new was also taken by
other parties. Holders asking above car
riers' prices found a poor demand. The
early demand was not so good as later. after
the advance in futures. Low grades went
slow as compared with the milling lots when
held at relatively high figures. Local milleTs
took the bulk of old at high prices.
COL q
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
10000 barrels. The price of -four is nomi-
nally advanced with the rise in wheat but as
there are no speculative shorts" In the hour
trade that can be forced to buy on an adj
vance, as there are in the wheat trade. the
late purchases in -four have been small,
while in wheat they have been large. After
all, there is much interest shown by flour
BUYERS, and only for their unfortunate expe-
rience under similar conditions two years
ago they might soon begin to take on very
liberal supplies Patents were quoted at
SIS. 7O@5. 95; bakers, 81. 1904. go, low grades
SI.7O@2.2O. Shipments, "a 2O7 bbls.
Bran and Shorts-Market quiet at $12@
1925 for bulk: shorts, Sl3.25@13.75; mid
lings. S14. 25@l4.75.
Corn-Slow movement at 47l2@49c asked
for different styles, by sample. Fair No 8 to
arrive was held at about 4Sc. Receipts,
$3.50 blu.
Oats-This grain was in good request at
prices that would move it. but some lots held
above the market, for such quality could not
be disposed of. The general range was from
34@37c for new and 35@3sc for old on
track and free on board. Receipts, Is, 200
bu; shipments. 5, 400 Blu.
Rye-Prices mostly nominal at nt653c.
Barley-Quoted nominal at 4o@55c.
Flax-Nothing done yet in the new crop to
speak of. Quoted at 30l2@31c.
Feed-Millers asked $1o.75@l9 for No. l
feed and cornmeal.
FLOUR SHIPMENTS.
Following shows the shipments Of flour
from Minneapolis Jan. to date and same
time in 1889:
1890, bbls3 1878, 33I 1885, bbls..3 164, 1868
STATE GRAIN INspEcTIoN=XaEAT