St. Paul daily globe., 1891-02-04
MINNEAPOLIS 1TARKETS.


The late heavy rise left the wheat market
unsettled and ready TO 20 either way. as the
drift of sentiment would take it. The specu-
lating crowd felt that there ought TO be a de-
cline, and opened the market down TO 91l2Gf.
~sI5sc for May. From that point prices fell
steadily 10 9654c, where it WAS SteadIed with
fair buying, and late advanced 10 9,$sc.
Fluctuations were frequent and wide COM
pared with the late narrow channels they
have run in. a smaller movement is eX-
pected, for the present, from the country and
February will likely fall materially below
January in that respect. No sales of wheat
were due from hedging country receipts for
they are too small. Foreign markets were
steady. and some cables quoted them lac
higher for wheat: corn vas materially higher
and the oats market was firm, while pTOviS-
ions, las usual lent no strength to any market.
Wheat closed: No. 1 hard, February. 96e;
on track. 95l2M)0c No 1 northern, Febru.
ary, 95l2c; March, 25e; May, 96lsc; on track,
94l295c. No. , northern, February 92e; on
track, 92092l3c.
CASH WHEAT
The market for spot wheat was less strong,
and for the grade below nice No. .. the mar
ket was dull CONSEQUENT UpOu lower prices
of futures and general holding back ON the
part of people using the low quality. Even
the high class wheat was comparatively
slow. with Il range of selling prices below
Monday. The grain was needed. and much
of it ut once, but the high late values have
been above the views of buyers who were
bidding lower. and the market was slow in
consequence. Receipts of wheat for twenty
four hours, 46l cars; shipments, 6) cars. Du-
luth received Is cars.
FLOUR AND COARSE GRAINS.
FlOur-Ihe added daily output of the mills
grinding yesterday Will probably aggregate
1904 hbis.
Shipments, 1914 bbls Quoted at SLsC@
y ~ Tor first patents Sh4O0 Al3 for second
patent, S3.G0A25 for fancy and export
bakers, SlSO42 10 for low grades in bags,
Including red dog.
some large sales of flour are reported made
to the domestic trade THIS week. As theV
were. many OF them closed before the last
rise that occurred in wheat they did not sell
on basis of values equivalent To the cost of
wheat Monday. That rise was quite rs much
of surprise to longs as il was disastrous TO
shorts, but the surprise was on the pleasing
SIDE The possible danger in the rise may
be that instead of lifting foreign markets Ia
our level, the rise here may have no other re-
suit upon them than to cut Off exports.
Bran and Shorts - Shipments, 129 tons
Quoted At Sl3.251l5.J0 for bran, Sl5.2l@.
15.75 for shorts, and Sl5.150l6.25 for mid
dlings.
The demand for mill feed was steady. and
mt the prices quoted took out the product
offered quite freely.
Corn-Receiprs, LAO bu; shipments ls90
bu. Quoted at 4s@5Jc or track.
Sales were slow, and chiefly to local deat-
erS and consumers. Holders were firm.
Oats-Receip ;, 1900 bu; shipments, 1860
bu Quoted AT 426645c by sample.
Demand was good, and white oats sold
well for local use and for shipping, while
light and dirty grain found few buyers but
grinders.
Rye-Recelpts none: shipments, 4j5 bu.
Quoted al G5062c for sample cars on track.
Barley Receipts, 900 Du shipments,
1,20J bu Quoted at 5-06jc for good To- fine
samples of No. 3. Barley that was choice
was in good request hut the arrivals of such
were meagre.
Flax-Receipts 520 bu; shipments. none.
Flax sales are based on SC oil from the Chi-
cago quotations.
Feed-Milers held at S1925Gt 1919, with
cOrnmeal at SI!0l925.
Hay-Receipts. - tons; shipments. none.
Choice wild quoted at $Gsl' and good tim
othy a s. %; fair wild, S5.3CQ6.