St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-25
MINNEAPOLIS MARKETS.
Chamber of Commerce.

There was more firmness in the early wheat
market and reports by cable showed greater
Yet there was running through the market a
feeling of depression. 1t was reported that
some longs in Chicago had been caught with
too great load, and the bears had been re-
quested as favor to let the market
advance there while the longs would
be furnished an opportunity to sell out.
But like similar reports that for want of
news are spread, it had little effect. Pro-
visions were lower. while corn and oats were
quiet. The weekly bank statement was IA
vorable, giving increased confidence in COM
mercial affairs Wheat receipts here held
out well and that depresses other markets
more than ours. About II O'Clock there was
sharp RISE and it was said considerable
covering was done by shorts for May The
market advanced easily from 917sc 10 9312c,
where the rise was checked by too mi much Of
fered to realize by early buyers. But with
the shorts run in there was more dullness
later in the day.
Cash Wheat-Cash wheat was weak at the
opening and continued so until well along in
the day. There were but very few buyers
present. Early prices were on about the
same basis as yesterdays close, but toward
the end of the day were put up cent on
the sharp advance in futures. Most of the
sales were made early. Receipts of wheat
for twenty-four hours, 238 cars; shipments,
~ cars Duluth received % cars Close: No.
northern, January, 9Ol2c; February, 90l2c
Nav, 937sc: on track, 90I2c; No. 2 northern,
January. SIC; on track, S70SSc.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding to-day will probably aggregate 90,
300 bbls. Shipments. 27033 bbls. Quoted al
$4.5514.90 for first patents; $430@4.50 fol
second patent: So. COOL 10 for fancy and ex
port bakers; $1.S0@2.10 for low grades il
bags, including red dog. During the week
business has shown small change in the di
rection of either more strength or greater
weakness. The distribution of flour has,
from here, been smaller in the way of fresh
sales than the output and the latter has
been much below the full capacity
Of the mills AS far as it is
possible, the -four is manufactured by
water power as affording smaller cost, al
important item when competition for the
sale of the product forces values down to the
extreme limit of selling without profit
Mllers, like other interested owners OF
wheat or it's products, are waiting rather i'm
patiently for the time when values will begin
to get in form with their idea of what they
should be.
Bran and Shorts = Shipments. 764 tons
Quoted at 15.25@15 75 for bran, S15.5O@15. Z;
for shorts, and S15. 75@1625 for middlings
The bran and other feed markets were quiet
with generally steady prices and fair request
Corn-Receipts, 1880 bu; shipments, none
Quoted at 46047c on track. The corn mar
kets were quiet and while the offerings were
not excessive they were enough to Salty the
demand easily.
Oats-Receipts. 5000 Blu: shipments, 7,2O(
bu Quoted at 40@42l2c by sample. Inquiry
was of about the usual character, and prices
quiet and fairly sustained at about 40@42l2C
for fair 20 choice grain.
Rye-Receipts, none; shipments, 1,S00 bu
Quoted at 62@64c for sample cars on track.
Barley-Choice barley was in good reques
and not very plentiful. Receipts, 1.S00 bu
shipments, 600 bu. Quoted at 55060c fol-
good to fine samples of No. 3.
Flax-Receipts, none; shipments. none
Flax sales are based on SC off from the Chi
cago quotations.
Feed-Millers held at S19.25@19.75 with
cornmeal at $19019.25.
HayrReceipts rs tons; shipments, none
Choice wild quoted at S6.50@7, and gooc
imothy at $S.25. Fair wild, $55O@6.5O.