The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-08-15
The MARKETS..
PRODUCE MARKETS.
The Wheat Market Both Weak and
StrOuG-A Good Export Trade Re-
Hortc;j-( bles COutrndtctorx

Strongly Good Export Trade Re-
Rortcd-CHbles Contradictory.
MINNEAPOLIS CHAMBER OF CON-
MERGE, Aug. H.-It was a day of small
things i'll wheat during the greater part of
,he session. AT the opening considerable
weakness prevailed in sympathy with
Eastern markets, Indifferent cables and re-
ports OF general rains. Later the market
.ook turn for the better on large clear
anceS from the seaboard and upon some
large sales of cash stuff for import at New
York, Baltimore, ST. Louis, and good in
auiry at Chicago. Values appreciated rap
idly under very light trade weakened
little towards noon. but continued fairly
stubborn. The character of the trading was
largely of the scaping order and changing
of trades from September to December.
Corn was again very strong in Chicago on
reports that the rains had come too late
to do much good There is, however, di-
versity of opinion. 1t is claimed that all
late sown corn will gain immensely from now
on. The opinion appears to be general
that corn will sell considerably higher
later in the season, but present conditions
are against an immediate rise. The friends
of wheat try hard to boost it up but seem
to be unable to hold an advance for any
length of time. Northwest crop news are
more favorable than that of a week ago.
Clearances of wheat and flour today were
PA blu. Second cables quoted Liverpool
as weaker and Berlin wheat IA marks
lower.
September wheat opened at 53kc, against
5S5sc, yesterdays close, lost hc, advanced
to 5i&5c declined to 54c, firmed up to 54asc,
sold at $3.50, advanced to 541sc by 11:45,
and by noon held at 53s. 6537sc.
December wheat opened at 55lsc asked,
against 55l4 @55asc yesterdays close, lost
Lice, advanced to sec, declined $3.50, frmed
up to sec, lost CSC, by Has and by noon
sold at 551sc.
The cash wheat market was fairly ac-
tive, all offerings being well taken long
before noon. Receipts were light. No. 1
hard was held at COO; No. l northern, old,
5Sc; new, 55m56c; to arrive, 5Sl2M59c, old.
No. 2 northern sold at 56057c for old and
SAC for new. No. new sold at 53l2c Sales
were made as per statement below. Re-
ceipts here were a cars; shipments, 81
cars
During the last hour of the session the
market was rather inactive, but values adj
vanced. Closing cables were
couraging from Liverpool September
wheat closed at 5i13c. December wheat
56Ic and August wheat nominally at
571ac
MINNEAPOLIS WIEAT-RANGE OF
PRICE.
Open High Low Closing.
ing. est. est. Today. Yes.
SEPTEMBER Sd: s.; 5ss: 5 5a: S 5s5t
December :. SOS SOS 55-551s 56h 554-as
On Track-No. 1 hard, new, 5Sc; old,
60llc; No l northern, new, 56Ac: old. 5Sslc;
No. northern. new 55c; old, 57Ac.
Curb September wheat .............. 541a
Puts on September wheat minimum. 81
Calls September wheat .............. 80
SOME SAMPLE SALES.
No. l hard old, f. o. b., l car........... 6012
No. l northern, old, , cars .............. 5Sl4
No. l northern old, f. o. b., l car..... IS
No. l northern, old, I Observation-Disclosures. IS
No. l northern, new, carS.............. IS
No. | northern. new | Car..-.....-..-. 561,
No. l northern, to arrive, 10 cars....... IS
No. l northern, new, f. o. b., cars. 56&4
No. l northern. old, cars.............. 81
No. | northern, Old cars .............. 56
No. 1 northern, new, car.............. 5f4
No. wheat, new, shrunken, l car. 80
No. wheat. old, Observation-Disclosures. 54l2
Rejected wheat, lbs off, l car......... 90
No. / barley, new, cars................ 461a