St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1891-01-16
MINNEAPOLIS MARKETS.
Chamber of Commerce.

The wheat markets showed quiet steady
trade at the opening, with an occasional ap-
pearance of fair strength, and May the rul-
ing future in all forward dealings. Public
cables have been quoted strong and weak re-
Gently, but showing little inclination in sthe
long run. either to advance or decline for
some weeks There was about the usual
movement reported from farm graDarleS,
and arrivals here are not expected TO change
much in amount, while the price OF spot
wheat remains so close 10 the price of May.
Considerable of the country holdings was
bought on the basis of a wider spread, be-
tween cash and May, so that the present diff
ference gives satisfactory results. The
volume of trade is increasing, and while
there has been too little interest in the mar
ket for few weeks to bring out the strong
points, many are of the opinion that the
market is shaping to that end. Money is
more plentiful and the comparative ease
with which it is made available tends as
many think, to restoration of confidence.
After the early buying orders had been filled
there was a lack of support to futures and
few minutes. Considerable. of the weak
ness was due to sympathy with quite
general decline in other places.
Total receipts at the four principal spring
the cropyear, foot up: Minneapolis. 30. $50
POI bu: Duluth, 10, 7s3, 421 bu; Chicago, TO- 1885,
21O bu: Milwaukee 4,306.3S9 blu, making q
total of 55 9622l blu, against 60, $685. 05 bu dur
ing the same Time last year and 1864. S04 bu
in 1885, The total receipts of wheat at the
four principal wintor wheat points,
Toledo ST.. Louis, Detroit and Kan
sas City, from July 1 to date are
20 465 632 bu, against %, 237, 494 blu in 1890 and
24,99S, 347 blu III 1885, Local flour shipments
since Jan. amount TO 225, 543 bbls, against
34,01S bbls during the same time in 1890 and
130,342 bbls in 1889. Cars inspected out since
last report were No. hard; No. northern.
3S cars: 5 No. 2 northern; No. 3; rejected j;
l no grade.
Combined receipts at Minneapolis and Du-
luth TOR twenty-four honrs PSF cars, against
285 cars year ago. Flour shipments were
1869 bbls.
CASH WHEAT.
The market for spot wheat was dull during
the morning, and especially SO when futures
fell to 92c May, but prices of the latter hard
ened then ana buyers of track wheat took
hold again with fair energy. Receipts, while
not large, were as much as expected, and
were satisfactory in amount considering the
morning weakness, although they were we'll
picked up before the end. Wheat closed
No hard January, soc; February, and Oh
track, Ole; No. northern, January. soc: Feb
ruary, S912c: May, 93lsc: on track. soc; No. 2
northern, January, Ste; February. seize; on
track S6@S7c.
FLOUR AND COARSE GRAINS.
Flour-The added daily output of the mills
grinding to-day will probably aggregate 16,-
ZOO bpls. shipments, 1869 bbls. Quoted al
) x4.OUlDO IOf QrSU N9oUUy4J Lux SecOIU
| patents; $35G@420 for fancy and export
bakers; 81 .s0Q225 for low grades in bags, in
| Guiding red dog. There is part only of the
| current make of flour moving now TO sale,
| for at the price wheat has sold at in the
| last few days it costs rather more to make
| flour than ii brings at current prices
| abroad. The demand for bakers and low
| grades is large enough, but for patents salts
| factory demand at full prices does not exist
| AT the present cost of wheat patent -four
4 II q H.,
considerable has not netted above 81. 550460
| hardening of prices IN Europe or an eX
tension of demand at home is very much
| needed now.
f Bran and Shorts s. Shipments, 763 tons
Quoted at S15015.25 for bran. $15G15.50 fol
| shorts and ei5 75Gn16 for mlddlings. Mill
l stuff remains firm, with 2 tendency to reach
| further toward a higher range of prices, Tit
| Eastern demand has been good, and The
| Western inquiry is also active.
| Quoted at 4704Sc on track. The corn marke
is fairly steady in spot grain and in future
| dealings, with more quietness apparent.
Oats-Receipts, 1850 blu; shipments, 3, 6G
bu. Quoted at 4o043c by sample: Their
| has been less tension in the speculative deal
ings of oats recently, but with a good de
mand for spot grain values are fairly sup
| ported.
Rye-Receipts, none: shipments. none
Quoted at 5s@61c for sample cars on track.
| Barley-Receipts. none; shipments, 800
Blu. Quotations at $4,000 for good to fin
samples of No. 8. Since the holidays are wei
| past the demand for this grain has increases
largely, and good No. 8 ranges well up t
57060c.
Flax-Receipts, 1900 bu. Flax sales ar
based on Sc off from the Chicago quotations
Feed-Millers held at $20Q2050, with cor
meal at $1,000.
Hay-Receipts. 90 tons Choice wild quote
at S7@t7bO and good timothy at ss.95; fai
wild, $5.500650.