St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-31
MINNEAPOLIS MARKETS.
Chamber of Commerce.

The frmness of Thursdays closing wheat
market was hardly maintained yesterday
morning. The scalpers were disposed to
look with favor upon the reaction theory, and
expected decline, as the price went above
the figures obtained on the preceding bulge.
Cables reported firm Liverpool, but with
SIN III demand for either wheat or corn. On
Ine speculative exchanges on this SIDE, corn
was higher and oats firm, whether they sup
ported wheat was doubtful, for the latter ap-
pears to be on an Independent footing.
Provisions were higher at first and
then fell and gave no support
whatever to wheat through sympathy.
Reports from California are rather contra
little moisture is quite certain. There is
more talk of a cold wave coming upon wheat
that is unprotected. 1t is zero in Nebraska,
and the cold wave is said to be working this
way The Farmers Alliance claim after
sixty days investigation to find the aggre-
gate wheat crop of twelve western states to
be 100000 blu less than the last government
crop report made them.
Wheat closed: No. hard January, 92l2c; on
track 93c; No. 1 Northern January and
February, 9112c; May. 94ssc; on track, SIC:
No. 3 Northern January, Syl2c; on track. 81
@90c.
CASH WHEAT.
The elevator companies bought hardly any
good wheat but the mlllers took hold llber-
ally IN the early part of the session and
cleared up the wheat there was for sale suit.
able for their use. They claimed that the
flour market had not advanced enough to
Justify the price they paid, and that there is
loss in selling flour at the present price
and buying wheat. Still they bought wheat
as they had 10 or shut down. A few fair
sized lots were bought to go outside; The
feeling was easier and price went down
fraction later. Receipts of wheat for "a
hours 2l2 cars. Shipments 81 cars. Duluth
received q cars.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding Yesterday will probably aggregate
$1,000 bbls. Flour sales show that buyers are
more interested in the markets, and while
they hesitate before taking much flour at the
advance quoted, they are prepared to buy
quite freely at quotations made to them be,
fore the late rise in wheat. 1t has been fonnd
by them that they have so far lost in the END
when they have bought flour on the bulge.
and unless they can get the product without
additional cost to correspond with increased
wheat cost they are not free buyers. St1ll
the activity has increased and the time IN
the season when more flour will be wanted
approaches, and with the average OF supplies
ket Shipments, %, 800 bbls. Quoted at S4.55
@49O for first patents $4.30@4.5 so for second
patent; $4,000 10 for fancy and export bak-
ers; 81. 1902 10 for low grades in bags, 1nclud-
ing red dog.
Quoted at $15. 25@15.50 for bran, S1525@l15.75
for shorts and SIS 75@16.25 for middlings.
Bran was selling quite well, and some asked
for bulk lots we'll up toward $l6, but II dld
not seem to bring it, and crowded on the
market had to go at figures considerably be-
low that. Still there was good general inquiry
for bulk and for sacked lots.
Corn-Receipts. 440 bu; shipments 200
blu. Quoted at 47@4Sc on track. There is not
much offered now and the demand is limited
to few cars only.
Oats-Receipls, $500 blu; shipments, none.
Quoted at 41@43l4c by sample. The market
was stiff for good feeding and shipping
grain. with moderate stock offered.
Rye-Receipts, 600 bu; shipments, 600 bu.
Quoted at 65@66c for sample cars on track.
Barley-Receipts, 1,sOO bu; shipments,
none Quoted at 55@65c for good to fine
samples of No. 3.
Flax-Receipts, 1000 shipments, 1000 bu.
Flax sales are based on Sc off from the Chi
cago quotations.
Feed-Millers held at $40 25@l9.75 with
cornmeal at S1901925.
Hay-Receipts 81 tons; shipments, lone
Choice wild quoted at S6@7., and goo.
timothy at Ss.25; fair wild. $4,000.