St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-16
MINNEAPOLIS.
Chamber Of Commerce.

Wheat was strong excited and higher yes
terday, running up to 81 for December be-
fore II o'clock That was Il rise of more
than sc since the closing last night. Cables
were higher and quoted Liverpool at I'd up.
The longs sold out aud the shorts bought in
with another large profit, to the side OF the
long side. Business was heavy, and there
was large trading on privileges. some selling
against calls with others standing on them.
The report now Is that Jim Keene and the
Standard Oil company are under the deal
December opened at 91l2c and closed st
S101ss, September opened at 95L2e and
closed at Usage.
Cash Wheat-Cash wheat was dull. There
was fair demand early, but the pace got too
swift for the cash wheat BUYERS after the
first hour, and they generally withdrew. AL
most impossible TO sell anything while the
excitement was so great in the pit. Buyers
as we'll as sellers were afraid. Most of the
fresh offerings were new wheat with sales
made at 99cMS1 for No. | northern and 9CG1
97c for new. Old wheat brought 304c more.
Receipts of wheat twenty-four hours. were
81 cars; shipments, u cars. Duluth received
81 cars.
The grain inspection for Friday was as
follows: No. l hard, cars; No northern,
- cars: No. northern, IL cars; No. ), l car;
rejected, car; no grade. 1 car. Winter
Wheat-No >, car; y G., car. Corn-No.
yellow, car; No. yellow ear. Oats-No-
=, cars; No. white, cars: No 3White, 3
cars: No. 3, Is cars. Rye-No. J, 1 car.
The following cars were new grain:
No. hard, , cars; No. 1 northern, 10 cars;
No. = northern, car; n G., car; No 2
winter, car: No. 3 winter. cars.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
&c, 500 bbls. Shipments. 26.110 bbls. Quoted
at S4.95@5. 80 for first patents: S4.S095.05 for
second patents; S4.2CQ4.15 for fancy and
export bakers; e. 15Gl2 50 for low grades in
bags, including red dog Flour is moving
quite well with an active inquiry. Buyers,
as usual hold back on the advance in prices.
The rise in wheat has run so long that the
flour buyers who did not get a supply when
the rise began are paying the advance now,
as millers are better established in their quot
1ations. The foreign buyers are bidding
freely. They have not gone up so much as
we have, and there are getting to be wider
differences to cover between bids and offers
than week ago.
Bran and Shorts-Shipments, 1,122 tons.
Quoted at S1461l4.25 for bran, S15.5N@116 for
shorts, and S17(llS for middlings. The bran
markets are very much unsettled, with larger
demand caused partly by too great differ
ence between the late prices OF bran and
shorts, forcing up the value OF the former.
Shorts are stiff. but not so excited as bran.
The shorts market is sustained by the high
price of corn and bran market by the high
price of shorts
Corn-Receipts 1T bu; shiDments none.
Quoted at 6006ll2c on track. Corn is in de-
mand at quite steady figures for the spot
grain. The futures are still unsettled and
hard to follow Receipts are as large as ex-
pected and the feeling grows easy, with re"
Spect to the distant futures. as the season adj
Vances. New corn is improving III the fields,
with fair general yield promised. There is
much backward grain, but, with forcing
weather. and late season, may come through
all right.
Oats-Receipts r. $50 bu; shipments none.
Quoted at 21@30c per bu. The condition of
oats is given by the agricultural department
as 50 ) per cent BY figuring that down to
bushels it makes some 100,00O,0OO indicated.
That is about 2G0, 100000 Blu more than the re-
port for last year. 1t falls under one crop
only, and that was 1889, with 75,000,0U0 bu.
There was a steady but small market to-day,
the offerings but little more than supplying
consumptive demand leaving few to ship.
Rye-ReceiptS $50 bu; shipments. 1,S9J bu.
Quoted III 93@94c for sample cars of new on
track Rye is yet much excited in the
market. with prices fiuctuating wildly, in
fiueneed by the prices quoted abroad and the
need of sellers on this lie for covering co u
tract.
Barley-Receipts, none; shipments none.
Nominal at 4J(0j5c for poor to fine samples
of No. 8.
Flax-Receipts none: shipments none.
Chicago market.
Feed-Nillers held at 175022. 50; less
than car lots S22.25@22.75; with corn meal
at 20.75Q121.75.
Hay-Receipts, 105 tons; shipments, none.
Choice wild. new. quoted at SS.25@9; fair
wild. Sc. 25@Q7.75; poor wild, 35.25@16.25 good
timothy al $l0.75@ l1.25, new. Hay was in
some request when very choice, with upland
most called for There is much loose hay
near by. that supplies much of the present
local demand