St. Paul daily globe., 1891-07-02
MINNEAPOLIS.
Chamber OfCoInsuerce.

Wheat was weaker, and prices fell sharply
on lower cables and the favorable progress in
harvesting on this side, with larger stocks of
wheat i'll store than expected III the United
Kingdom. A few changes occurred later that
were the results of speculation chiefly. News
related mostly to crops and their changing
conditions, but i'll most instances was of local
consequence only What is 10 De done with the
July deal here and Chicago caused some
comment and considerable interest In the
latter the sharp fluctuations were very
marked. Corn and oats were much stronger
during the morning in general markets for
futures. December opened at S51sc, sold
down to S45s at 9:45 O'Clock, TO S54c at 1850,
to S51sc at 1910. to S5l4c at 1850, and $3.50
S534c at o'clock. Closing: No. | hard, on
track, 9S@9Sl2c; No. 1 northern, July. 94Ssc;
September, S&sic; on track. 96096l2c; No.
northern. on track 9.@93c.
Cash wheat-There was fairly good de-
mand for No. | northern wheat at 1c over
july Good No. . northern also sold pretty
well. put soft No. . and low grades were very
dull. There was very little competition
the market. No. l northern sold mainly at
94s4095c. A few fancy cars brought frac-
ton more No. northern sold principally
at gee A small number of choice cars sold
ty-four hours were 80 cars; shipments 20
cars. Duluth received 50 cars.
FLOUR AND COARSE GRAINS.
Flour-Buyers or flour ask for it on the
basis of new wheat crop prices. The dis
nOsitiOn is looking to the securing of flour
from old wheat TO run into the new crop.
As old wheat is equal to the additional cost
of SOC barrel above the cost of flour based
on September wheat, contracted now, that
difference has to be charged for it. There is
demand for the product, if prices could be
adjusted to meet it. Supplies are equal to
all demand. so buyers are Indifferent, and
buy chiefly from day to day. Freights are to
the disadvantage of the Western millers who
would export, but there is some moved.
Prices are steady, though easy
Bran and Shorts-Shipmenls, 613 tons;
quoted at S11.50011.75 for bran, S150D5OQ
Is Is for shorts, and Sl5.50016.50 for mid
dlings. The bran market is weaker with lair
inquiry In the matter of shorts, they are
rather scarce for prompt delivery, and are
expected to be well sustained in prices for
few weeks yet, or until other feed is more
plentiful and cheaper.
Corn-Receipts 5.4OO bu; shipments. none;
quoted at 55@l56c on track. The movement
of corn. to market has been somewhat dis
appointing lately, the receipts being lighter.
and the late, general market trmer Local
prices for cars continue TO be controlled by
the supply here that has ben only fair.
Oats-Receipts 1.540 bu shipments 4, $50 bu
Quoted at 35Q137 by sample. Supply is pretty
good for the supplying of present local re-
quirements, but prices are maintained above
a shipping basis now and few are sent out.
Rye-Receipts none; shipments none.
Quoted at 77@7S for sample cars on track.
Barley-Receipts none; shipments none.
Nominal at 40@55 for poor to fine samples of
No.2.
Flax-Receipts, 62O bu; shipments, 1,200 bu.
Flax sales are based on 10Q11c off from the
Chicago market.
Feed-Millers held at S22@22. so; less than
car lots, $50. 50@23. with cornmeal at S22023.
Hay-Receipts, 9 tons; shipments. none;
choice wild quoted at S7.5C@S; fair wild, Sc
@75O; poor wild, S5@6; good timothy at
S1101150 In the absence OF choice wild hay
there is more inquiry for timothy; sales have
been made at S11@11.5O. The offerings of
wild of the common sort are mostly at S7(Gs.