The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-12-12
THE MARKETS.
PRODUCE MARkETS.
The Wheat Market in a Waiting
MOOd-Cables Weak and Lower
The Government Report Cuts No

The Wheat Market In a Waiting
MOOd-Cables Weak and Lower
The Government Report Cuts No
Figure.
MINNEAPOLIS CHAMBER OF COM
MERGE, Dec. n-This morning the specu-
lative branch Of the wheat trade was en-
tirely at sea and quite undecided as to
what course to pursue. Under very light
offerings prices declined early, but later
gathered strength the advanced sheets
OF Bradstreets report, thought to be bull
lsh in tone. Bradstreet's, however, is be-
ginning to get into the same boat with the
government report and ceases to have that
credence of force which promotes conf
dence ScalperS in the trade, however take
advantage of every wind that blows The
market is exceedingly narrow, and confined
largely to what is called professional trad
ing. The news of the day was On the
whole, bearsh in tone, except that of the
aShington report. 1t is reported that
there was serious leak in that report
some two or three days before it's issuance
ana fully discounted before its appearance.
The same thing is said of Bradstreets for
today. Gables were all weaker and lower
at hrSt, but showed some recovery in Sec
ond reports, but New York reported little
or no demand for export. Clearances were
fairly heavy, but chiefly confined to ship
1nents of flour, which does not help wheat
carriers. Norton and Worthington have
the following to say, which is of interest:
The largest decrease in the visible supply
from January to July in five years was
2ll,W0.0oo Blu. The average decrease was
about 100000 bu. This year it has de-
creased 100000 bu more than ever BEFORE
and still leaves 100000 blu July l to be
carried over into the next crop. This is
calculated to check all efforts of the bulls
to secure a permanent advance"
December wheat opened at 57sG57Hc,
against SAC yesterday, and remained at
that figure up to noon.
May wheat opened at SOC, against 59lsM
59hc yesterday, advanced to 59hc, lost sc,
and by noon sold at 59as@59lac
July wheat opened at 6OA@6O2sc, against
60Ac yesterday, and advanced to 6O3sM 6012C
by noon.
The cash wheat market rather slow,
the demand being very light, except for the
best grades, which were we'll taken early.
No. hard sold at 582.G59c, No. 1 northern
mostly at 5734c, and No. 2 at 56G56l2c. Sales
We're made as per statement below. Re-
ceipts here were 209 cars and shipments 70
cars.
During the noon hour the market was
fairly strong but not active. BradStreet'S
report showing a decrease in the availa-
BILE was considered bullsh The report ap
pears in another column. Closing cables
We're weak and generally lower. Deem
Der wheat closed at size, May wheat at
59i2c and July wheat at 6012c.
The following was the range of price
for wheat today at Minneapolis:
May-Opening, SO; highest, SOS; lowest,
SO: closing. today, 5912; yesterday, 1914.
July-Opening, Co.'s; highest, CO.'S; low
est. 603s; closing, today, COZ; yesterday,
60A
December-Opening 57A highest, 571s;
lowest, 57A; closing, today, 571a; yester-
day, 574.
On track-1 hard. 5Sa4; northern, 57al;
northern, 55A.
Curb May wheat Observation-Disclosures. .591s