St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-21
MINNEAPOLIS MARKETS.
Chamber of Commerce.

Wheat was higher at the outset yesterday
on reaction from the late decline ana Oil
higher cables and unfavorable harvest
weather in Europe. Liverpool quoted Id
higher and an upward tendency. Corn and
oats speculation was OH a higher range OF
prices for futures, although the cash grain
sold at about the same prices, while rather
unsettled. There was rapid movement IN
wheat prices with a range OF about ll2c, the
market travelling the same ground over The
very unsettled conditions have made sDecu-
lators indifferent to ordinary variations.
Trade was active most OF the day. Deem
Der opened at 81. and closed al SlO=s8.
Cash Wheat-The offerings were large yes
terdav but there was q very good demand for
good wheat Prices were about 1l2c above
Yesterdays range with No. l northern new
selling at g7Q93c, the bulk going near inside
figures No northern new sold mostly at
CSC. Very few cars of old wheat were sold.
Receipts of wheat for twentyfOur hours
were Isl cars; shipments, 100 cars. Duluth
received 81 cars. The gain inspection for
Wednesday was as follows: No. l hard,
4 cars new; No. northern 80 cars 81 new
No . northern, u cars, - new; No. 3, cars,
new; rejected. s cars, new; no grade, s
cars new Corn-No. > yellow, cars: No.
white. 1 car; No. yellow, car; No 4,
none; \. G., none; No. 3, cars: o. < car
Oats-No. 9, 2 cars; No. white, car; No.
3 white 10 cars; No. 3 4 cars; n. G., none
Flax-No. 1, none. Barley-No. ), new none;
No ?, none Rye-No. 2, . cars new; No. 3,
none.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
2a.0OO bbls: shipments 3d. S4 bbls; quoted at
s.. Os6ll. 40 for first patents; S4.9o05.l5 for
second patents, S4330LS5 for fancy and ex-
port bakers; S21502.50 for low grades, in
bags. including red dog The -four markets
are firm and recovering from the shock of
rapid decline, noted few days ago, in the
wheat markets. One buyer from Amerster-
dam has taken 10000 sacks for export, and is
looking about for opportunities to buy more
or the most favorable terms he can get. II
the supply can be kept moving there will be
a healthy market, while that is doing, but if
prices of wheat are kept too high this fall an
unhealthy condition OF trade will most surely
follow There is more danger TO be feared
of our markets getting too high. early in the
season. than 100 low.
Bran and ShortS-Shipments, $50 tons
quoted at S10.25@l0.75 for bran, Sl5.25G115. 70
for shorts and Sl7GllS for middlings. The
bran markets are as unsettled as ever The
high prices ranging, a few days ago. from Si2
ais did not invite free buying. Sales at Si0.25
0105 80 since, are more acceptable and the
trade takes hold better. Shorts were less in
f1ated than bran and prices have shifted less
since the latter began to decline. High priced
corn holds up shorts and high priced shorts
supports bran.
Corn-Receipts, 1880 bu; shipments 400
bu. Quoted at 6S@64c ON track. Trade in
corn futures continues large, and the mar
ket is still excited. There is confusion in the
corn bits, with figures varying largely. The
crowd is attracted to coru by its feverish
speculative position. mainly through the
continued Chicago talk of manipulation and
the consequent anXieties it breeds. 1t Will
require corn weather until the middle of
September to put the crop entirely beyond
frost danger, but with such favorable
weather the crop would be heavy.
Oats-Receipts, 15,zS0 bu: shipments, Ito
bu Quoted at 25I2 @3g12c by sample. Oats
are offered literally on increasing receipts.
The demand for car lots was fair, with little
business locally, excepting that i'll truck
stuff. Still there was some oats going to
store. The light arrivals for the season
brought stocks dS>Fn to low point before new
crop arryals. TIE demand is good for shin