St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-08-08
MINNEAPOLIS MARKETS.
Chamber ofCom,neree.

Wheat was about 1c higher YESTERDAY
morning for an average the country over.
The depression of the last few days had
dropped the market into trough, only to be
taken up by the next swell The buying
was quite spirited. started perhaps by a
thought of the effect of all the bull news on
the mind of shorts. These latter began to
cover, and when they had supplied them
selves it was at an advance of about 1c
They bought of privilege sellers, and the
latter sold against their calls for a reaction
About II o'clock there was an opportunity
to do that. December wheat opened at
S514c and closed at SjIs0S5I4c
Cash Wheat-Receipts were small and
shipments large. The market however, was
slow. Prices on the bulk of the stuff sold
were about the same as yesterday. No. 1
northern sold mainly at Csc with some choice
cars bringing more. No. sold principally
at 92093c. One fancy car that was better
than most of the No. 1 brought 96c t. 0. b.
Low grades dull
Receipts of wheat for the twenty-four
hours were 45 cars; shipments, 106 cars. Du-
luth received 50 cars.
FLOUR AND COARSE GRAINS
Flour-The added daily output of the mills
grinding yesterday will probably aggregate
%, 400 bbls Shipments, %. 1S9 bbls. Quoted
at S4.75G15 for first patents: S4.55l470 for
second patents; S3.0t14.50 for fancy and ex-
port bakers; S!.10@2.45 for low grades, in
bags, including red dog. Flour sells well,
and, all things considered, brings fair price.
If the price of flour is not up to the cost of
old wheat, the difficulty is with the cost of
old wheat with which flour has no equitable
right to be charged The trouble should be
set back to cost of the wheat If speculation
is at the bottom OF it, then itwould be correct
to call it by that name, instead of accusing
low flour prices of being the cause of millers'
present woes.
Bran and Shorts-Shipments 910 tons.
Quoted at 50. 5e@110 for bran, S15015 rs for
shorts and S16@lS for middlings. In spite
8 % t., H.
for millstuffs. Buyers are all looking for
cheaper bran and for cheaper shorts and TO
cheaper middlings. and buy in small lot
now; but, until coarse feed from coarse
grains is more plentiful and cheaper. it would
seem that large declines can hardly be ex-
pected in bran and shorts. Still, they are
liable to confirmed weakness in view of large
present and prospective crops.
Corn-Receipts, 3, 120 bu. Shipments none.
Quoted at 5S0l59c Oh track. Corn is not act
i've nor is it expected 10 be on the old crop.
A few cars that come daily are almost en-
tirely distributed among local consumers.
Weather tor a few days In the corn belt has
been fine and the effect of it is to weaken
the markets. Late receipts at the leading
corn markets have been above expectations,
and that has also caused some recent appre-
henson as to the future All authorities call
the prospect improved for the last week.
Oats-keceipts. 400 bu; shipments, 2,730
bu; quoted at 25@131c by sample. In the oats
market trade was quite slow. Consumers are
buying small supplies of old, and prices are
gradually sinking to the values Of new
Speculative interest. that was so large in this
grain, has gradually been eliminated, and
prices are left to their merits.
Rye-Receipts, 700 bu; shipments, 2,S40;
quoted at 66(167c for sample cars of new on
track This market has been little excited,
and is yet, and the grain is in good request.
Barley-Receipts none; shipments none.
Nominal at 4J@55c for poor to fine samples
of No. 3. There was no change i'll the situa-
ton and no regular demand. A sample sent
in to try the market was low quality of No,
new and elected IA bid of 45c.
Flax = Receipts $780, shipments none.
Flax sales are based on 10@l1c off from the
Chicago market.
Feed-SIiilers held at s21 75@22. so; less
than car lots 81 .25@D22. rs, with cornmeal at
$50 75@21.75.
Hay-Receipts. 40 tons; shipments none
Choice wild new quoted at $500; fair
wild. S56l7. poor wild, S5@6; good
timothy at S10.50@u new. The market is
quite bare of choice hay and fine upland was
reported in excellent demand.