St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-02-11
MINNEAPOLIS MARKETS
Chamber Of Commerce.

Wheat opened with fair strength, and
slightly better than the closing of Monday.
Cables were firm. but the news from other
markets was not such as to inspire conf
dence, and. after maintaining firm front
for a short time, prices ran down easily 1t
was the opinion of many that the round
prices we have had are to be followed by a
succession of breaks that will exceed the
bulges, and take the market down to former
prices. Others argued that fluctuations will
continue to work higher to another good adj
vance. The winter wheat outcome is called
leading feature now. When it was found
that buying did not start prices upward in
the morning, many scalpers tried to get the
market down to put prices to buy. against
them, or possibly to call them, with any
probability of there being a gain in them.
1t was market run more on sentiment than
on news, and fluctuations were made much
on active purchases or sales. Receipts were
smaller.
Closing: No. hard, February, 94c; on
track, 9i12@195c; No. 1 northern, February,
92c; May. 9iasc; on track, 93@93l2c; No.
northern. February, 9Oc; on track. 904209ll2c.
July closed at 96l2c.
Cash Wheat-Cash wheat was not offered
in very large supply from the sample tables.
There was fair demand by local mlllers, but
not much taken to ship, for the buyers
claimed prices were above the reach OF their
orders generally. A few buyers were in the
market for poor samples. and they paid about
was quiet and on the average prices steady.
mostly through the day at near the opening
figures. May futures were but little more
than 1c above No northern spot.
FLOUR AND COARSE GRAINS.
Flour-The added daily output Of the
gate 1880 bbls. Shipments 1882 bbls.
Quoted at SL7O@D5 for first patents; $4.4@
4.65 for second patent; S3.60@4.20 for fancy
and export bakers; $1.S0@2 10 for low grades
IN bags, including red dog The markets
were mostly easier. in sympathy with the
late decline in prices. Demand is steady. but
not equal to the offerings, for the figures
asked here are above the bids for
export, and there is too much flour
offered to be taken up by domestic
is little now in sight that seems to indicate
active buying by dealers at present. The late
activity in speculative wheat markets, and i'll
markets not speculative, did not bring buyers
forward so freely as had been desired, and
even as expected. But there Is active COM
petition among millers, and in the aggregate
of small sales the production is about all dis
posed of.
Bran and Shorts-Shipments, 100 tons;
quoted at S1501525 for bran. Sill 75@115. 25 for
shorts and $1575116.25 for middlings. The
bran market was m oderateiy active at about
S15@f5.25 and sales were made as low in in
stances as Sl4.75.
Corn-Receipts, Is, $50 bu; shipments none
quoted at 4cQD0uC Ou tIdCh. Lave uiIlV
were rather larger, with all easy feeling in
sympathy with speculative values
Oats-Receipts, 1890 bu; shipments, 600
bu; quoted at 42@44c by sample.
The movement is steady and demand good
at current values, going mostly at 43@44c for
white.
Rye-Receipts. none; shipments, none;
quoted at 65066c for sample cars on track.
Barley-Receipts, 1,400 bu; shipments, 600
bu; quoted at 55@65c for good to fine samples
| of No. g.
Choice barley by sample was doing quite
well, but poor qualities are slower.
| Flax-Receipts, 1850 blu; shipments, 2,20C
bu; flax sales are based on SC off from the
| Chicago quotations.
Feed-Milers' held at S195O@2O, with corn.
meal at S19@1925.
Hay-Receipts, so tons: shipments, none
f fmo96y W at Sg9e f at VIA SSS s ana s000