St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-07-18
MINNEAPOLIS MARKETS.
Chamber of Commerce.

Wheat Futures-There was a very good
buying demand for September wheat yester-
day morning, and an advance of about Csc
was secured but there was fair amount of
wheat for sale, which, with the sympathy
with declining prices elsewhere, caused re-
action and the market sold down from SIS
@84l6c. August ranged about 1c above
September, most OF the time with moderate
training in it, Very little business was done
in July. Altogether the trading was smaller
in amount than yesterday, but was active
most of the day. The condition of the crop in
the Northwest was the cause Of more or less
uneasiness, ana while fair cropis hoped for
there are fears of further damage before
maturity, owing to the unsettled weather.
There were moderate exports OF flour from
New York with considerable wheat. Fair
receipts Of wheat were reported from the
new crop OF winter wheat, but not SO large as
year ago, and it was felt that the markets
would not necessarily be depressed this year
by heavy movement early in the season in
that quarter. Some firmness was developed
abroad by more unsettled weather there.
which tended to make sellers OF futures
more careful. The demand for cash wheat
here was less active, tending TO weaken to
some extent the market for futures.
RFollowing are yesterdays closing wheat
quotations: No. l hard, July, SSc; August,
Csc; on track, 92c; No. northern, July,
S51sc; August. s5lhc; September, 841sc; on
track, S7@8712c; No. 2 northern, July, Sic;
August, Sic; on track, 61@S3c.
CASH WHEAT.
Receipts of wheat were SO cars shipments,
80 cars. The cash wheat market was dull
and weak and was generally pronounced a
tie demand for anything excepting No. l
hard and No. northern o. W. b. Low grades
were fiat. Only one local miller was observed
buying anything, and ne wanted 1t very
cheap. There was some demand from out
side, but orders were smaller than usual.
ID I'D
The added daily output of the mills grind.
ing yesterday will probably aggregate 10,
400 bbls There was the ordinary daily grist
of small orders for -four and a few fair-sized
wheat this week was against any briskness in
patents, and bakers are easily sold without
special activity in other grades. Flour buyers
are quite well supplied for a few days and
millers here have contracts running along
for some time, many having sold as much as
they desired to contract at present. Patents
were going at S4.55@4.75, while millers sold
well ahead asked more, reaching up to 81 go.
Bakers went at So. 4U@D3. S5, and low grades
as S1.30@l.75. Receipts, 21.O53 bbls.
Bran and Shorts-Bran was stiff at $11@
11.5O sacked, with sacks included, while
there was no great inquiry for bulk. Some
dealers quoted bulk bran at So. 25@9 90, but
the quotation appears to be nominal SO far
as cash lots are concerned. as the mills turn
ing out bulk lots are sold ahead. Other mills
that put up sacked lots ask about S9.75010
for turning out bulk lots There were offers
of August delivery in bulk lots at $3.50.
Shorts quoted at about S10@11.5O bulk for
fine and coarse, with $3.50 more for sacked
lots. Shipments, 977 tons.
Corn-The demand was slow for corn, at
34@34lRc o. t. and f. o. b. Receipts. 5.490
blu shipments, 800 blu.
Oats-The demand was fair at 27031c for
dark mixed to choice white o. t. and +. O. b..
Receipts is. 300 bu; shipments, q 800 Blu.
Barley-Feed barley went at 29@33c.
Flax-No movement.
Feed-The demand was fair for mixed
feed made of oats and corn ground together
by home mills. Sales Of No. were made at
$13.25@13.5O t. o. b. Coarse cornmeal
quoted at about Sl3 for good sound stock,
dealers Sales of wild ranged from $407.5 SO
for fair to good. Receipts, 1OS tons.
STATE GRAIN INsPECTIoN-wHEAT.