St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-02-07
MINNEAPOLIS MARKETS.


The crowds long of May wheat were trying
to unload at the best rates possible. The OPP
ening was lower from all about the country,
and as there had been no announcement
abroad for some days the marke: was par
TALLY demoralized, and prices fell easily TO
lower level. Privilege trading checked the
break, for holders of the puts bought against
them for reaction. The news was not OF
strong character generally, and there was too
little frmness in sentiment to quickly change
the drift even when that was assisted by priv
ilege buying, though later strength developed.
What little firmness there was started in the
buying against privileges was soon disposed
of, and prices broke down again, May going
easily to 95S4c shortly after the noon hour.
There is rather larger farm movement talked
of now that the weather has improved. The
bears were inclined to use such means to
force lower prices. On the other hand, it
was argued that alterations of frost and sun
would bring bad results to winter wheat
Closing quotations: No. l hard, February,
93c; March, 93L2c; May, 96c, on track, 94W
94l2c; No. 2 northern, February, 91c on
track, 91l2092l2c.
CASH WHEAT.
The wheat arrivals as has been expected,
were very much larger since the end of the
cold snap; and, while the amount offered
from the sample tables was easily disposed
of. the figures showing on the blackboard
made a difference in sentiment. The millers
took hold of good wheat quite we'll but there
BUYERS who were forced out when the re-
cefpts were smaller. When the prices real
lied are compared they showed up fair as
compared with futures. Poor wheat suffered
rather more than good. Receipts of wheat
for twenty-four hours were 272 cars; ship
ments, 80 cars. Duluth received 30 cars.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
20, 300 bbls. Shipments II, 42S bbls. Quoted
OF 81 first natentS.
second patent, S36C@4.25 for fancy and
export bakers 81 S002 10 for low grades in
bags including red dog. Flour was very
quiet and moving steadily but too slowly to
give full satisfaction. Millers held quite
firmly to the higher quotations. for with the
current cost of wheat it was necessity.
Buyers, on the other hand, are not buying
much ahead OF natural daily wants, for they
have experience of gain in the past few
months by holding off against buying flour
on bulge in wheat. The frmness of the
late market is creating much uneasinesS in
regard to the situation. and they may yet
come in to buy on the rise more freely. Elk
ports are light.
Bran and Shorts-Shipments 5SS tons;
quoted at SIS 25015.5U for bran. S15.25@1575
for shorts, 575016.25 for middlings.
Corn-Receipts, 1,7l0 bu; shipments, none;
quoted at 4S(D50c on track.
OatS-Receipts. 800 bu; shipments, $3.50
bu; quoted at 42345e by sample.
Rye-Receipts. none; shipments, none;
quoted at 650l66c for pie cars on track
Barley-Receipts, $500 bu; shipments,
none: quoted at 55@65c for good to fine
samples of No. 3.
Flax-Receipts. $50 bu; shipments, 1850
bu; fax sales are based on sc off from the
Chicago quotations
Feed-Millers held at S19.5O@1975, with
cOrnmeal at S19019.25.
Hay-Receipts 40 tons: shipments none:
choice wild quoted at S6.50@7.50, and good
timothy at SS.25; fair wild, S5.50l16.