St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-09-13
MINNEAPOLIS MARKETS.
Chamber Of Commerce.

This market fell easily. 1t had been pre-
sumed by many traders that greater decline
in wheat conditions would be given than the
two points fall of spring as made at Wash
1ngtou from Aug. 10 to Sept 10. That was
cause for fresh selling by shorts, and further
Announcements of longs. Many, naturally
sellers, feel the danger OF selling on further
breaks and hold their business well in hand.
against the dangers attending covering. at
the present moderate prices.
Cash Wheat-New No. northern wheat
the elevator companies taking it at that,
with No 9 at 64@65l2c Sales of No. / north
ern old were slow Mt about 73@075l2c, accord
ing to quality and general condition. 1t
wanted new instead Of old. for the latter
naturally declines, if either declines, at this
season more than new. That is, the differ
ence between old and new narrows in
well as old, the latter to grind at once and
the former to hold for later use, with
sprinkling, perhaps, TO mix with old to give
strength The receipts were heavier, and as
miilers bought lightly. There was no fear
with them that stocks of new would not be
ample whenever needed. The low grades
were ali slow The receipts of these were
large. and with a few general buyers only,
much trouble was found in making salts
factory disposition of all of them. The new
grain showed The effect of recent rains in
some cases. Milers were looking up Sc
and paid fraction above elevator COM
panies, as the latter wanted something TO
pass an arbitrary inspection, while the former
wanted it for its high four-making qualities.
Receipts of wheat for forty Eight hours
were GIG cars -423 were new. Shipments
were 90 cars.
Yesterdays receipts by grades were IA cars
No. northern. 203 cars No. > 43 cars No. 3,
% cars rejected and 40 cars no grade.
FLOUR AND COARSE GRAINS.
Flour-Fiour sold pretty well considering
the declining state of the wheat markets.
Among the large mill proprietors are some
who average their full current output in cur.
rent sales. without clearing up their booked
sales any faster than new ones are booked.
Others, declining to meet bidders. are max
ing to part only. Of their capacity. Prices
are steady, shading to weakness or frmness
with The wheat markets.
The added daily output of mills grinding
yesterday will probably aggregate 3 200 bbls.
Shipments, 1853 bbls Quoted at 5000
430 for first patents; So. 7503.9 90 for second
patents; SO 01310 for fancy and export
bakers; Sl.30lDl.9O for low grades i'll bags, in
Guiding red dog.
Bran and Shorts-Millstuff was higher.
Holders advanced from SIC to 81 a ton today.
The rise checked business. for shippers did
not buy, excepting to fill the more urgent of
their requirements. The demand increased
at the prices of Saturday beyond the ability
of millers to fill. Whether today's rise may
not check demand as to bring down prices
is Il question yet to be determined. Ship
mentS. soy IONS. QuOleu at SlV..JoDIU5J Tor
bran. Si95C@1l.50 for shorts ana Sll.5C@l2
for middlngs.
Corn-The corn markets we're weak. in the
line OF future months. prices falling with the
decline in the wheat markets. From the
opening they fell Isc in few minutes of
trading. OF course the report of the govern
ment statstcian was held responsible for
the difficulty. But the same general causes
that contributed to the decline in wheat con-
tributed also to the present drop in corn.
Only a few cars offered. Demand slack.
For prices see sales. Receipts $3.50 bu;
shipments. $3.50 bu.
Oat-Oats were less affected by the drop in
wheat and corn than either of the latter was
in the drop of the other Oats are a short
crop beyond any doubt. in the mind of
traders. while the old crops of wheat and
corn create doubt about there being great
sloftage in supplies Of them. Still there was
perceptible weakness in oats at one time in
the day. There was a good supply, with
fair demand from local trade. Prices were
held above what shippers could pay. See
sales, Receipts, 26 100 pu; shipments, $40
blu.
Rye-Rye was in good demand at about
51l2@i2c for new No. =. Receipts, 440 bu;
shipments. $3.50 blu.
barley ReceiptS 1l,S40 bu: shinmants