St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-05-19
MINNEAPOLIS MARKETS..
Chamber Of Commerce.
FUTURES.

WHEAT FUTURES.
Wheat was very much excited Saturday
and started about ll2c above Friday s
close, and showed a rise of nearly Sc for two
days. The cause of the advance was bad
crop reports published Saturday morning in
both winter and spring wheat sections and
liberal exports from New York. The wheat
exports were 100000 tu and $4,000 pkgs OF
flour. Shortly after the opening rain was re-
ported in South Dakota and snow i'll North
Dakota. especially along the James river.
That SECTION needed rain most and the relief
afforded by even light fall turned prices
downward from 95Mc July to 03l2c: Other
exchanges were in sympathy. Trading was
broad and heavy most OF the day, with quick
fluctuations after
Following are to-days closing wheat quo
tatlons: No. 1 hard, May. 9O4c; June. 92c
July. 93l2c; on track, 93c: No. northern,
May, 90l2c; June, 9ll2c July, 93c; on track,
92H092l2c; No. northern, May, SSc; June,
soc July. zoe; on track, eS@99c.
Cash Wheat-Receipts of wheat were 1873
cars: shipments % cars. The demand for
No. northern wheat was pretty good. A
few local m1.lers were picking up some
wheat. but they were not large buyers. There
was only very ordinary demand for outside
account Elevator companies were picking
up considerable No. northern at about &c
under July. 1t was an unsatisfactory mar
ket to sell on. owing to its being governed SO
entirely by futures. Whichever way July
went this market followed. No. 1 hard was
thought by some to be trifie BETTER but low
grades were slow.
FLOUR AND COARSE GRAINS.
The added daily output of the mills grind
ng Saturday will probably aggregate 10000
bbls.
Flour-Sales continued light and limited
for patents to the domestic demand, as they
could not be exported short of severe loss.
Millers were mostly trying to get about
S305. Is for good patents in wood. Some
was said to have gone lower, but the claim
was questioned for the reason that lower
figures would involve loss. Shipments,
2O,590 bbls. Patents. sacks to local dealers,
S.. 15@5.35; patents to ship sacks: car lots,
S4.S0@5. Is: in bbls, @5.25; delivered at
New England points. So 7o@5. IS; New York
points, $40 @5.75; delivered at Philadel-
phia and Baltimore, $5.5505.70; bakers
here, S3.20@3.95; superfine, $l.95@2. 80 ;
red dog, sacks, S1.20@1,30; req dog, bbls,
Sl.3"@l.5U.
Bran and Shorts-Bran was in groove and
went at S.. 1909. shorts at $9@S.75. Ship
ments, TIA tons.
Corn--The corn market remained quiet ana
not much offered excepting by few parties
ceipts, 40 bu; shipments, $500 bu.
Oats--The lots offered were we'll held at
about 2ec for No. 2 and white, with poorer
ranging below and choice above, Receipts,
5000 bu; shipments 1900 blu.
Barley-NOminal at 2S035c.
FlaX-No business was transacted TO speak
of. The market was quiet in nominal way
at ST. So; Chicago, Sl.44. Receipts. 500 bu;
shipments none.
Predetermined steady at S13@13.5O for
good stock made at the local mills, which
was produced from straight grain.
Hay-The demand for good upland was
quite steady at about 81, but there was little
of that offered. The more common Mime
sofa wild went from So to $3.50, with some
poor lower. Receipts. 80 tons.
STATE GRAIN INsPECTIoN-wHEAT