St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-07-15
MINNEAPOLIS MARKETS.
Chamber Of Commerce.

Large movement of new wheat i'll the win
ter wheat region caused depression in the
markets, and futures sold down about 42c
early in the day. Spot prices sympathlzeo.
Cables were dull although there was de-
crease of 60S.000 bu ON passage. Receipts
here held,up well for the time OF the year,
but would be easily disposed OF II prices
were not so much above value in other mar
kets. Settlements are not all made Tor July,
but there is a theory that if they were the
holders of the old wheat have confidence IN
ii to hold it at near the present premium
above new wheat contracts, for they claim IL
will be wanted 10 grind until late IN the sea,
son. Outside trading orders are very small
with the business in futures mainly done pY
room traders on small fluctuations.
CASH WHEAT.
There was good demand for No. north
ern at 1c over July. but the demand was very
slow if any more was asked. No. hard was
dull. No. 2 northern was slower, selling
from 94I2097c. Poor grades were very GULL
No. northern sold mostly at 99Ec. large
share of the receipts went to apply on sale es
previously made Receipts of wheat for u
hours were 16O cars: shipments, u cars.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grin ding yesterday will probably aggregate
at ST. S0G5.20 for first patents; S4.65O4.e0 for
second patents; S3.9c@4.50 for fancy and ex-
port bakers: S2.l002.45 for low grades III
bags, including red dog. me hour
future. For the present there does not
seem to be any 10 cal relief. 1t may be that
Aug l will see change III the programme
that ties up the old wheat above what most
millers think are correct values. Then the
sales of July will be out of the way and
settled for. Still, the wheat viii be IN the
hand of few concerns. OF course, the own
ers will handle 1t to their own advantage,
and it may be that they will hold up the
price of it until the new crop is TT 10 take fts
place, and that it may not be earlier than
Sept. /. Even then some old wheat may be
needed to dry the new and tone up the Hour.
Bran and Shorts = shipments 1ey tons.
Quoted at S9G19.50 for bran, Sl5015.25 for
shorts and Stools for middlings. Bran is
tending down. and prices are hardly expect
ed to rally much hereafter unless something
happens in the way of accident 10 the crops
of coarse grains. Shorts are still firm, and
one high grade style of middlings is bringing
SIS. while common 10 fine shorts range S2GS
under
Corn-Receipts, 6,27O bu; shipments, $50
bu. Quoted at 54Q57c on track. The corn
market was quiet and steady, with the con-
sumptive demand at home taking up the
offerings quite we'll, leaving little for snip
ment.
Oats-Receipts, 3,4CO bu; shipments, 400
bu. quoted at 3l2G39I2c by sample. ef Ds-
mand was enough to clear away the oner-
ings at full prices and about all taken iOr
home use that still holds values above ship
ping basis.
Rye-Reeeipts, none; shipments, noneI
Quoted ct 77G17Sc for sample cars on track. u
Flax-ReceiDis, 40; shipments, $40. Flax
sales are based on 10Q11e off from the Chi
cago market.
car lots. S22 .5O023 with corn meal at S21622.
Hay-Receipts, Is; shipments none; choice
wild quoted at SS19; fair wild, S601. 80; poor
wild, S5@6; good timothy at S1l@l1.5O. The
amount of hay on the market to-day was not
large and there was an inquiry for good old
hay at 81. 5O@S.50 according to quality, and
good to choice new hay went at $500. The
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