The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-02-06
The MARKETS..
PRODUCE MARKETy.
The Wheat Market Little Erratfc-
Trading Very Light-Cables Indif

ferent.
MINNEAPOLIS CHAMBER OF COM
MERGE, Feb 4.-Wheat opened this morn
ing little weak, with the trade generally
in a hestating mood. Early cables were
contradictory. some advising of slight de-
cline and others reporting steadiness, with
an upward tendency. Gables, however,
have but little effect upon the speculative
mind in the absence of actual demand
Washington continues to be the objective
point of interest to the subordination OF
all other conditions that usually command
attention in the wheat trade. The poor
Spectator is still looking to father for
help. The average bull has spent his sub
stance. Whether the great father will XIII
the fatted calf again is a question Ihe
financial news far from encouraging,
and the demand from abroad nothing.
Clearances for the day were very light.
These conditions, experimenting sltua-
ton already exceptionally discouraging by
excessive concentrated supplies at Chicago
and the limited export demand when en-
largement of shipments are of prime ne
cessity to b~ing any Improvement. create
distrust and a disposition to shrink from
any venture Everybody believes that
prices too low, but while those baneful
Influences are in control there is no help
for it.
The feeling. locally, is general that moth
ing but narrow and unsatisfactory mar
kets are to be hoped for for some time to
decrease than expected, but there is
suspicion that goodly quantity has SIM
ply changed quarters and do not afford
any permanent relief.
May wheat opened at o412-545sc. against
5i$4c Saturday, advanced to 5fa4c, lost lsc,
firmed up t. 55c and by noon held at DPS
54&.c.
July wheat opened at 551sc, against 55la-
555sc Saturday. sold at 55l2c, frmed up to
55$, 80 &C. and by sold at $3.50.
he cnS h ms l<at
without feature. The bulk of the receipts
went to apply on former sales. No. hard
was held at 5s&c, No. / northern sold
largely at 55aic and No. at lc to 11ac
under No. |. Sales were made as per
statement below. Receipts here were lo2
cars: shipments. IS cars.
The wheat market during the last hour
of the session very quiet and inclined
to weakness. Closing cables were general
ly lower advices of very dull markets.
The English increase of 1,079,000 Blu in the
visible supply had depressing effect. May
wheat closed at 5i3s@54$4c, July wheat at
55iaM554sc
The following is the range of prices to-
day:
Open High Low Closing.
Wheat ing. est. est. Today. Sat.
May Nay ' .... ..... 5is S. 5i5s 5is4 5A
July ........... 55la 557s 55l9 557s 555s
on Track-No. hard. 5612c: No. north
curb on May wheat ................ 545s
Puts on May wheat ................ 5i12-as
Calls on May wheat .................. 54al
SOME SAMPLE SALES.
No | hard | car Observation-Disclosures. 81
No l northern | car NEUTRALITY-SUSPICIOUS.. sc
No / northern . cars Observation-Disclosures. $50.
No l northern, | car, elevator ............ .55l2
NO l northern, 4 cars elevator ............ .55l4
No northern. 5000 bu. arrive .......... .55$4
M. northern. Observation-Disclosures. .54i2
Rejected wheat car . lbs off ............ SO
No. J yellow corn. car, o. t................ Al
No. yellow corn. l ...... .............. .4712
No. white, car, o. NEUTRALITY-SUSPICIOUS.. Al
No. corn, | NEUTRALITY-SUSPICIOUS.. .i6
No. corn. car. to arrive ................ .461s
No. whit" oats, | Observation-Disclosures. 80
No. white oats, l car NEUTRALITY-SUSPICIOUS.. .291a
No. oats. car ACKNOWLEDGEMENTS. .29l4
No. black oats. l car Very dirty ......... .2S24
Rejected flax, l .........................$l.3