St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-08
MINNEAPOLIS
Chamber O~fCOInlmerce.

Instead of opening down and advancing,
wheat opened up yesterday and then declined.
Monday 1t was the reverse. Nochanges were
reported in the situation as to crop prospects
here or abroad that meant anything to base
alterations upon. The changes were incident
to speculation chiefly. There was a decrease
of t,712,00 blu OF wheat on passage to Europe
and decrease of 200, 900 bu corn. Cables and
weather In England was more favorable and
the tendency in the price of wheat was
The storm prevailing Monday in the North
west was over and weather fine and cool.
Business was fair in new crop futures. Clos
ing quotations: No. 1 hard, July, Sl.03; on
track, S1.03; No. 1 northern, July, 995sc; Sep
TENDER, S4S4c: December. SEC; on track. S10
1.01l2; No. , northern, July, Ole; on track, 81
@96c.
Cash Wheat-Cash wheat was rather slow
owing to millers generally not being dis
posed to meet the advance in July over the
later futures. Still the good milling wheat
was pretty well sold out and considerable
No. 1 northern was sold TO arrive. Prices
ranged mostly at S401c over July for No. l
premium. Good No. 2 sold fairly, but there
was considerable soft wheat on the table
that was dull az nearly &c under No. l / north
ern. There we're Y cars No. l northern sold
at 99e yesterday instead of zoe, as reported in
the sales. Receipts of wheat for the twenty
four hours were IS cars; shipments, 81 cars.
Duluth received % cars.
FLOUR AND ARs GRAINS.
ElOur-lnc uQueu Qdlli OuIpuLOI the HILLS
grinding yesterday will probably aggregate
p, 200 bpls. Shipments, 1858 bbls. Quoted
at S4.9C05.20 for first patents; S4.6G@4.75 for
second patents; S40i.50 for fancy and ex-
port bakers; S2.10@2.35 for low grades, in
bags. including red dog. A part of the
daily production of -four is easily disposed of
at the quoted range. For the remainder to
move satisfactorily calls for some push, and
there is usually some left to accumulate or
be sacrificed. For a few days the markets
- 49,. GrDoar Tho rrhnof n 81 he,
cost more money, but the flour buyers have
resisted the advance. If prices of spot wheat
were on a parity with new crop futures -four
would perhaps move freely within a short
time, as old crop flour would be in large re-
quest.
Bran and Shorts-Shipments. 416 tons.
Quoted at S11611 % for bran. SIS. 50115.75
for shorts and SIS .50@16. so for middlings.
The bran markets are giving way and more
difficulty is met with in getting the full price
obtainable a gew days ago. Millers are ask
ing more than they are able to sell at. They
had some contracts ahead which they have
been filling and hugging the fresh surplus
for q return to firm prices without selling
much. Shorts move more easily than bran.
but neither the one nor the other goes as well
as both did a few weeks ago.
Corn-Receipts, Il, 740 bu; shipments. 40
blu. Quoted at 56057c on track. The market
held pretty firm. Late arrivals have been
rather Larger, but the receipts are picked up
for local use about as fast as they arrive.
Oats-Receipts, $500 bu; shipments, 1000
bu. Quoted at 35Q36l2c by sample. The re-
ceipts have not equalled consumption here
for the last few days. Stocks in the city are
small, perhaps not more than 10000 bu in
store in all elevators, public and private.
Rye-Receipts, $50 bu; shipments, none.
Quoted at 77@7Sc for sample cars Oh track.
Barley-Receipts, lone; shipments. none.
Nominal at 40@55c for poor to fine samples
of No. 3.
Flax-Receipts. none; shipments, lone.
Flax sales are based on iC0llc off from the
Chicago market.
Feed-Millers held at S22@22.5 80; less than
car lots, SO. 5C6123. with cornmeal at S!!2W93.
Hay-Receipts, none; shipments. 81 tons;