St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-17
MINNEAPOLIS.
Chamber of Commerce.

Wheat was strong, excited and higher yes
terday, running up to 81 for December be-
fore II o'clock. That was a rise of moro
than sc since the closing last night Cables
were higher and quoted Liverpool at I'd up.
The longs sold out and the shorts bought in
with another large profit, to the side Of the
long side. Business was heavy, and there
was large trading on privileges. some selling
against calls with others standing on them.
The report now is that Jim Keene and the
Standard Oil company are under the deal.
December opened at 97l2c and closed at
S1.01Ss; September opened at 95L2c and
closed at 9Ss4c.
Cash Wheat-Cash wheat was dull. There
was a fair demand early, but the pace got too
swift for the cash wheat buyers after the
first hour, and they generally withdrew. Al
most impossible to sell anything while the
excitement was so great in the pit. Buyers
as we'll as sellers were afraid. Most of the
fresh offerings were new wheat with sales
made at 99cGgS1 for No northern and 9G@
91c for new. Old wheat brought 3@4c more.
Receipts of wheat. twenty-four hours were
90 cars; shipments, II cars. Duluth received
81 cars.
The grain inspection for Friday was as
follows: No. 1 hard, cars; No. northern,
e cars: No. northern, II cars; No 8. caTl
Wheat-No 2, car; n C., car. Corn-No. 3
yellow, car; No 3 yellow, 1 car. Oats-No.7
T. cars; No. white. cars: No. white, 8
cars; No 3, . cars. Rye-No. 2, 1 car.
The following cars were new grain:
No. l hard, cars; No. northern, 10 cars;
No. , northern, car; n G., L car; No.
winter, car; No. 3 winter cars.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
Is, 800 bbls Shipments. 26,110 bbls Quoted
at S495Gl5 50 for first patents: S4.S005.0o for
second patents; S4.2C@4.75 for fancy and
export bakers: 81. l5Gt25 81 for low grades in
bags, including red DOG. Flour is moving
Iuifh RnVprS
as usual, hold back on the advance in prices,
The rise in wheat has run so long that the
-four buyers who cid moi get supply when
the rise began ara paying the advance now.
as millers are better established III their quot
iations. The foreign buyers are bidding
freely. They have not gone up so much as
we have and there are getting to be wider
differences to cover between bids and offers
than week ago.
Bran and Shorts-Shipments 1,122 tons
Quoted at Sl4@1l4.25 for bran, S15.5U016 for
shorts, and S17Gl1s for middlings. The bran
markets are very much unsettled, with larger
demand caused partly by too great differ
ence between the late prices OF bran and
shorts, forcing up the value of the former.
Shorts are stiff. but not SO excited as bran.
The shorts market is sustained by the nigh
price of corn and bran market by the high
price of shorts
Quoted at 6006ll2c on track. Corn is in dec
mand at quite steady figures for the spot
grain The futures are still unsettled and
hard to follow. Receipts are as large as eX-
pected, and the feeling grows easy, with re-
spect to the distant futures, as the season adj
vances. New corn is improving IN the fields,
with fair general yield promised. There is
much backward grain, but, with forcing
weather and late season, may come through
all right.
Oats-Receipts, u, $50 bu; shipments, none.
Quoted at 270130c per bu. The condition OF
oats is given by the agricultural department.
as 80 5 per cent. BY figuring that down to
That is about 200, 900 bu more than the re-
port for last year. 1t falls under one crop
only. and that was 1889, with 75000,000 bu.
There was steady but small market to-day,
the offerings but little more than supplying
consumptive demand, leaving few to ship.
Rye-ReceiptS, $50 bu; shipments, ,o9J bu-
Quoted at 9!GC94c for sample cars of new on
track Rye is yet much excited in the
market, with prices 1luctuating wildly, in
fiueuced by the prices quoted abroad and the
need of sellers on this side for covering co n
tract /
Barley-Receipts, none; shipments, none.
Nominal at 45@@55c for poor TO fine samples
of No. g.
Flax-Receipts, none: shipments, none.
Flax sales are based on 10@lic Off from the
Chicago market.
Feed-Millers held at S21 75022.50; less
than car lots, 22.25@D22.75; with corn meal
at $50. 75G12l75.
Huy-Receipts, 105 tons; shipments, none-
Choice wild, new. quoted at SS.25@j; fa1r
wild, So 25@l7 rs; poor wild, S3.25G16.25; good
timothy at Si0.75@l1.25, new Hay was in
most called for There is much loose hay
now in the markets. hauled in from farms
near bv that supplies much of the present
local demand.