St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-19
MINNEAPOLIS MARKETS.
Chamber Of Commerce.

Wheat was steady at the opening with
Some fair buying that turned to the selling
side later. With narrow fluctuations for the
greater part of the day. There have been
hight sales of wheat lately against cash pur-
chases owing to the shipments coming up to
purchases leaving small amounts floating for
9 final resting place. The millers are buy
ing cash wheat for their daily wants to
great extent, without providing for
the future very literally with deferred flu
lures That policy has seemed 10 be more
favorable for most OF the season, and appears
likely to continue for the immediate future
ut least. The week bank statement showed
improving conditions i'll the reserve, out did
not arouse any enthusiasm in the grain or
provision markets Feeling in the latter was
weak and quiet as well as in grain markets.
Railroad shares improved toward the close of
business.
Cash Wheat--The demand from local mill
eTs was good for spot wheat of suitable guam
tity to grind, and they took most of such
offerings. A moderate amount went to one
or two of the local elevators. The most active
demand was early in the session. In some
other grades than northern there
was some dizziness. Receipts were
254 cars; shipments, were - cars.
Receipts of wheat for twenty-four hours, 254
ears. Shipments, y cars Duluth received
IA cars. The closing prices for wheat were
as follows: No. 1 hard, January 90l2c on
track, Ole; No. l northern, January, SSl2c;
February, soc; May, 9214c; on track, soc; No.
v,
FLOUR AND COARSE GRAINS.
Flour-rhe added daily output of the mills
grinding to-day will probably aggregate 90
800 bbls. Shipments, 1927 bbls. Quoted at
$450@4.90 for first patents; S4.304.50 for
second patent; 50. scat 10 for fancy and ex-
port bakers; S1.s002 10 for low grades in
bags, including red dog. The tone of -four
IS weak and demand slow. The general
movement has not been lighter perhaps
SINCE the curtailment of business early in
har Z
that there will be sharp revival, at
leaSt until there is a header in the wheat
market III the other direction. Winter
wheat -four is better held than spring wheat
fiours are; still the relatively lower price
does not bring out any important increase in
the demand, i'll spite of depleted condition of
5obbers' stocks. Whenever the market gets
TO the point where excessive Offering ceases,
then dealers may be expected to buy liberal
~, but not while millers so persistently urge
their wares.
Bran and Shorts = Shipments 632 tons.
Quoted at S1525915.50 for bran, S15.25@15.50
for shorts, and S1575Q16. % for middlings.
Bran was i'll good demand and shorts went
quite well with millers asking more money,
ranging from SIS. 70@15.75.
Corn-Receipts, 1850 bu; shipments none.
Quoted at 46Q4Sc on track The general sag
IN the outside corn markets caused some lots
10 be offered lower for day or two to arrive,
with sales at 47c and some bidders at 46GD
4Sl9c, while some choice yellow was held at
4Sc on track.
Oats-Receipts, 3 400 bu; shipments, 1900
bu. Quoted at 4C043c by sample. Although
the speculative trade is not SO active there is
good demand for oats for spot delivery, and
less of them are offered, making the cash
market relatively strong compared with the
late futures. Buyers urge for reduced prices
Rye-Receipts, none; shipments, none
Quoted at 59Q61c for sample cars on track
Barley-Receipts, 1,s00 bu; shi pments, 800
pu. quoted at 5506O for good to fine SAM
pies of No. 1. Choice barley was again
wanted and was held well up to 60c for good
No. 8, while lots not so good in color or were
dirty sold at 55@5Sc.
Flax--Receipts, 1000 bu: shipments. none.
Flax sales are based on SC off from the Chi
cago quotations.
Feed-Millers held at s2O09O50. with corn
meal at $1,000.
Hay--Receipts, rs tons; shipments, none.
Choice wild quoted at S6.50@7. and good
timothy at Ss25; fair wild, S5.5006.50 Hay
was rather slow, and some with much wild
hay found il trouble to sell at satisfactory
prices.