St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-27
MINNEAPOLIS MARKETS.
Chamber Of Commerce.

The early wheat market was marked by a
large advance, with shorts for future months
covering very freely, the heaviest of them
leading in the buying. News from Europe
was OF an inspirting character. and wheat
was strong all around, with corn stronger.
The corn markets and the oats markets were
higher in all places, and afforded such as
sistance as they could give to the wheat mar
ket. Provisions and stock shares were lower,
but had no sensible effect upon the value of
cereals, as the depression in such markets
was due TO causes that did not af
feet the grain markets. Early buying
was heavy to cover shorts. After II
rather wide, May selling down to 9414c at
about 1870 later frming up again. Total
receipts at the four principal spring wheat
points since Aug. 1, the beginning of the
crop year, foot up. Minneapolis, 32,006. 231
sos; Milwaukee, 4,395, 4O6 bu, making total
af 5761S524 bu. against 1929, 403 blu during
the same time last year, and Al. GIG, 637 bu in
1889. The total receipts of wheat at the four
principal winter wheat points. Toledo. st.
Louis, Detroit and Kansas City, from July 1
to date are 2O.6SO,SO2 bu, against % 726 1928 bu
in 1899 and 25, 149, 1913 in 1880 Local flour
shipments since Jan. l amount to 14,685
bbls against 1913, 1856 bbls during the same
time in 1890 and 223 1854 bbls in 1880.
CASH WHEAT.
Cash wheat was higher to-day to correspond
with the big advance in futures. The range
for No. 1 northern during the forenoon was
between 91l2c and 92l2c, with the bulk going
at 92c. There was good general demand,
and about all the stuff sold well, with the eX-
ception Of No. 1 hard. Considerable of that
grade was offered at from lie to &c premium
over No. northern, and was very slow.
There was decrease in country elevator
stocks in Minnesota and Dakota of 10000 blu
during last week. Receipts of wheat for 4S
hours, 800 cars; shipments, ITO cars. Duluth
received 27 cars. The grain inspec-
ton for Saturday was as follows:
Wheat-No. 1 northern, 81 cars: No. 2
northern, 36 cars; No. B. 2 cars: rejected
cars; no grade, Gears; No. 2 winter, 10 cars;
No. 8 yellow, 1 car; No 3, 3 cars; No. q 2
cars. Oats-No. 2 white, 2 cars; No. white,
cars; No 3, 3 cars; No. 2, car. Flax-No.
1, 3 cars; rejected, 1 car. Barley-No. g. 3
uary and on track, 93c; No. 1 northern, JAN
uary and February, 92c; May, 95l8c; on track,
92c; No. northern. January, see; on track, SO
@90c.
TEST OF WHEAT.
London Millers' Gazette: mo more mis-
leading statementhas perhaps ever been pub.
lished than the report that u committee of
German experts had tested Roumanian wheat
in comparison with Hungarian and Ameri-
can, and found that it yielded 10 per cent
more flour than either of the two latter de-
scriptions, and that moreover the flour
from the Roumanian wheat yielded 80 per
cent more bread than the same quantity of
Hungarian or American flour. 1t is not
stated when this reputed test was made, nor
under whose auspices; but actual experience
in milling in this country, and our millers
have probably ground nearly a million quar-
tiers during the past three months, proves
just the reverse of the above statement. One
large miller, on being asked his opinion on
the subject said that in respect to the yield
of bread, the probabilities were that Hun
garian and American flour gave Is to 20 per
cent more than Roumanian wheat -four
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grindingyesterday will probably aggregate II,
S4.55@490 for first patents: S4.3O04.50 for
second patent; 3.6O@14 10 for fancy and eX-
port bakers: S1.s0@2.10 for low grades in
bags, including red dog. Flour markets were
Saturday, causing more orders to come this
morning for supplies. The demand was not
actually brisk, however, for most buyers
seem to wait until there is an advance in
flour as well as in wheat before buying ahead
of real necessities The demand does not
keep all mills running to full capacity, and
there is also some accumulation vet in sup
plies above fresh sales.
Bran and Shorts-Shipments, 900 tons.
Quoted at SIS. 25@15.75 for bran, 15.5O@15.75
for shorts, and SIS. 75Gl16.25 for middlings
Corn-Reeeipts. 9,150 blu; shipments, 1900
bu. Quoted at 47@4Sc on track. The offer
ings OF corn were light and the market was
stronger with sales higher.
Oats-Receipts, 1890 bu; shipments, 1900
bu Quoted at 40@43c by sample. Oats sold
well and with larger request for them buyers
got rather more money.
Rye-Receipts 600 bu; shipments, 600 bu.
Quoted at 62@64c for sample cars on track.
Barley-Receipts. LOO bu; shipments, 800
Blu. Quoted at 10000 for good to fine sam
pies of No. 3. The demand for bright. sound
grain was brisk with sales around 6Oc, the
price depending on quality.
Flax-Receipls, 1900; shipments, none.