The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-11-28

Not Active-Ca bIes Some Better-LO-
cal Receipts Light-Baltfc Ship
meHts Large.
MINNEAPOLIS CHAMBER or COM
MERGE, Nov. 27-The local wheat market
opened a little heavy this morning, and for
the first hour trading was rather light.
First prices We're fractionally under yes
terday's close recovered some strength
about 10 a and remained steady at
slight advance over the opening figure up
to IL a. M, when it began to weaken under
light offerings of long stuff by scapers.
The character of the trading was chiefly
of the scalping order with few outside
orders sandwiched in not enough, however,
to influence the market materially. The
news of the day was generally bulllsn IN
tone. Cables We're higher and strong. The
southwest sent in very gloomy accounts OF
damage done to the growing winter wheat
crop by the continued drouth, and the Pa
cine coast gave an array OF nsufes Oh
clearances during the past few days when
are almost phenomenal in these dull days.
The dispatches appear in another column.
A conservative trader with a somewhat
philosophic mind grants that consideration
of the statistics of the trade for the present
crop year results in such an extremely
bullish conclusion that it is not surprising
to find the speculative community impress
ed most favoraby toward the buH side
every time the figures set forth in some
new light. There is only one, or at most
two, important conSidera tons Which so lar
have been able-n view of the Statistical
position-to prevent mmoaerate bulllshneSs
from al once anticipating the advance which
they call for, if the figures do not faisity
themselves. One is that previous deductions
made upon smaller data have proved ms
leading and disastrous to those who trusted
in them, and another is that SO far-and we
are now in the fifth month of the crop
year-there is not yet any convincing indica-
ton of the deficiency which the figures
demonstrate as existing. our visible con-
tinues to pile up and the demand continues
light from abroad. Today. although Russia
is reported to have a short crop the ship
ments from the Baltic and sundry ports
aggregated over 40G0,Um bu for the week.
Our own shipments during the same period
were over 100000 bu. which, taken to-
gether, are in excess of the wants of i'm
porting countries. The reports of large
decreases in stocks in Europe are received
with considerable reserve in the light of
these heavy shipments Clearances from
the seaboard aggregated $4,000 bu wheat
and -four Primary receipts aggregated
$4,000 bu of wheat
December wheat opened at 5.asc. against
5112@51@sc yesterday, advanced to o18ic, de-
clined to 57$sc and gained lsc by noon.
May wheat opened at 597sc, being 1sc I'M
der yesterday, lost sc. lirmed up to 6014c
declined to 59Ac by II 80 and at noon held
at 60c.
good demand for the best grades. No. 2
and rejected a little slow to move
buyers and sellers being apart in their
views. No l hard sold at Soc. Ne. / north
ern at '59M5S12c and No. at 51M5Sc. Sales
were made as per statement below Re
ceipts here were 262 cars, shipments s. cars
The wheat market during The noon hour
ruled quite steady and strong the most
of the time higher closing cables but
weakened towards. the close. Rradstreets
report an increase of 2,@omJ bushels
wheat in the available supply. west coast
included. Private cables from Liverpool
said that holders We're more Inclined to
sell. which does not jibe With 4 higher
closing. December wheat closed at SIC
and May wheat at 59asc.
Minneapolis range of price.
May-Opening, 597s; highest, COZ: lowest
SEA closing, today l9as; Yesterday, 80.
Iuly-Closins, today. CO.'S yesterday, 81.
Novenber-Closng, today, IS; yesterday.
5S19.
Deeemher-openins. 57as; highest, 57a.
lowest, SO closing, today. %; yesterday,
SOS.
On track hard, 5e1.; ] northern, 5sls;
northern, 81
curb May wheat Observation-Disclosures. .599s
Puts on May wheat. bid .,.............. .l9t,
calls on May wheat, bid .............. .59 4@595s
Flour and Coarse Grains.
FLOUR-The flour market is Very dun
and heavy with the demand light.
First patents .......................S3 SO. 15d3 so
Second patents Observation-Disclosures. 2.9003. IL
Fancy and export bakers. 2.15192. 80
MY Jog ...:............. L.oei.ts
The following quotations a.e in cotton
sacks OF 9S lbs and 40 lbs:
Rye -four per Dbl, pure. 81 40
Buckwheat -four. per Dbl. ................5 90
Gralam flour ACKNOWLEDGEMENTS. 40
In room 1Oc extra is charged.
BRAN AND SHORTS-The market is
quiet but steady.
Bran IN Dulk ............,........Sl0 t3Gt11 90
Di al III SACKS Observation-Disclosures. X ooulZ 10
Shorts, common, in bulk ........ u. 25lf12. 50
Shorts, fine, in bulk .............. 10 50414 90
CORN-Quoted at Acc for ear corn
and shelled at 50c Demand good. No. .
yellow sold at Sic. See sales.
OATS-Were in full supply: demand good:
No. ) white, new, 3012c; No. ) oats. quot
able at SOC. No. white oats sold a. 3oa4c
RYE-New rye quotable at 44ik145c for
No. 2 f. o. b.
BARLEY-Choice No 8 quotable at 420
soc, according to color, weight, etc. No. i
sold today at 49c f. o. b.
FLAX-Is governed and bought at Go
under Chicago price. See seed market.
HAY-Receipts of hay continue just
about equal to the demand for the best
grades which find ready sale at prices
quoted H. II. King G. Co. quote sales of
choice upland at $SMs.5O per ton, fair to
good Wild s6Gl7.5O and low grades slow at
from s. to 81.
SOME SAMPLE SALES.