St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-06-13
MINNEAPOLIS MARKETS.
Chamber Commerce.

The wheat markets were still on the down
grade yesterday. following the trail marked
out for them by the June agricultural report
and the large wheat shipments from India
and other exporting countries, making so
large stock of wheat and -four on the move
for Europe. Such favorable conditions be-
ing the more recent. for the time overcome
the effect Of the European crop shortage
1t was the first time i'll many weeks that
July wheat has been quoted below 81 a bu.
Thare was considerable buying by shorts
ana privilege traders, while few bought for
investment or sold lines for long period
Business was chiefly by floor traders. De
cember wheat sold in larger amounts with
the range before p. m, mainly from Ola to
DISCO. Some were selling September and
buying December. The feeling was stronger
in the latter part of the day. Closing: No.
hard, June, Sl.02l2; on track, Sl02l201.03; ;
No. northern, June, 81; July, Sl.OOsS; Sep
TENDER, 90ssc; on track, S1.004; No. .
northern, June, 96c; on track 96@9Sc; De-
cember closed at 917sc.
Cash Wheat-Cash wheat was lower but
held up better than wheat for future deliv-
cry did. No. l northern sold mainly at abou:
the July price. The demand was good for
this grade. and No. 2 northern sold better
than for some time Low grades were
at 99s4c@S1. and No. 2 from 2@4c under. Re-
ceipts of wheat for twenty-four hours were
124 cars; shipments rs cars; Duluth received
20 cars.
Flonr-The added daily output of the mills
grinding yesterday will probably aggregate
2l,2OO bbls. Shipments, 1883 bbls. Quoted
at S595.30 for first patents; S4.3C@D5 for
second patents: S4.2004.50 for fancy and ex-
port bakers; S2.1512.35 for low grades IN
bags including red dog. Indifference of buy
ers was the leading feature to this market.
While there is full confidence that prices
Will not go lower. there is on the other side
no expectations of any fancy prices by reason
OF scarcity of either wheat or flour during
the remainder of this crop year. 1t will take
Ola wheat to grind here here for the next
store TO do it with. The winter crop
is soon to be in the market, and by its rela-
tive cheapness Will necessarily curtal the de-
mand for old spring, by taking the latters
place among winter wheat millers. There is
a foreign demand for our wheat however,
that takes it out at about the current price
The freight on it is below flour tariff, and
that works to the advantage of wheat ship
meDts as 1t does against flour shipments.
Bran and Shorts-Shipments, go TONS
Quoted at S11. h0@12 for bran, Sl5@l550 for
shorts, and Sl5@15.50 for middlings. The
irmness recently started in the bran and
shorts market to get prompt shipments out
ahead of the threatened advance in freight
rates continue, as the advance did not ma
terialize on the date fixed for il.
Corn-Receipts, $50 bu; shipments, none.
Quoted at 55@56c on track. This market is
easy, due to late declines in the speculative
markets. The offerings are moderate. with
small supplies stored.
Oats-Receipts, $3.50 blu; shipments, 1000
blu. Quoted at 40042I2c by sample. The feel
ing was one of weakness in sympathy with
the general markets and prices elsewhere.
Rye-Recelpts, none; shipments. none.
Quoted at 7S079c for sample cars on track.
Barley-Receipts, none; shipments none.
Quoted at 55065c for poor to fine samples of
No 3. f.
Flax-Receipts, Ito bu shipments. 430 bu.
Flax sales are based on &c off from the Chi
cago market.
Feed-Millers held at 500 5O023; less than
car lots, S230g24, with cornmeal at S22@23.
Hay-Recelpts, 40 tons; shipments, none:
choice wild quoted at Ss@S 80; fair wild. So
al; poor Wild S5@56; good timothy at 500
1910 stiff market obtained for hay due 10
recent light receipts. making a temporary
scarcity of good lots for sale.