The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-03-06
The MARKETS.
The Wheat Market Strong and Active
Gables EncOuraGing-The Visible


Gables EncOuraging-The Visible
Supply shows Il Good Decrease.
MINNEAPOLIS CHAMBER OF COM
MERGE, March 4.-The wheat market
opened higher this morning, starting at
sharp reaction from Saturdays close. The
bull sentiment was in the ascendant from
the start, and from time to time through
out the morning session weak hands were
held up by more encouraging reports from
abroad. Early cables quoted slight adj
vances and a better demand at Liverpool
and London. Paris reported to be firm
and Berlin a little excited and higher. Sec
Ond cables advised of further advances in
Liverpool The reason given for higher
values in Europe is that the weather has
taken an unfavorable turn, and that con-
siderable apprehension exists regarding the
French crops. On Saturday the figuring on
the decrease in the visible ran from 100000
to 100000 blu for the week. This morning
it was freely stated that the decrease would
be less than 100000 blu. This caused a short
season of weakness, but upon the official
reports showing a decrease of $4,000 bu the
market steaded. and continued strong up to
noon, but on the whole trading was quiet.
Clearances from the seaboard were liberal
of both wheat and flour. Weather condi-
ticns are now the governing factor, and
thus far nothing unfavorable has occurred.
New York reported that foreigners were
free buyers at that center. st. Louis re-
ported large quantities taken for export
and large sales to interior millers.
May wheat opened at 577sM5Sc, against
575sa513lc Saturday, advanced to 55ssc lost
1ic again sold at 5Sssc. lost Ac, gained &c,
sold at IS 1-lGc by II 80 and by noon held at
EShc
July wheat opened at 5Sa4c. being &c bet
ter than Saturday, advanced to 59Ac,
dropped to 5S7sd59c, firned up to 591sG59Ac,
lost l-l6c by II 80, and by noon sold at $3.50.
The cash wheat market was fairly active,
q nd 90 lo4.
and country millers. No. / hard was held
at tUl2d60$4c, No l northern at 59lac, and
No at about 1c under No. / northern
Sales were made as per statement below
Receipts here We're 800 cars and shipments
B6 cars.
During the noon hour the wheat market
ruled quite strong ard active, closing cables
and reported large export demanded at the
seaboard were the incentives. May wheat
closed at 5SAc, July wheat at SO 1-16c.
Observation-Disclosures of price,
March-Closing, today 5S1a; Saturday, SO.
May-Opening, So; highest, ssh; lowest,
bS; closing, today, 5SA Saturday, 57a.
July-Opening, 5SA; highest 59A; lowest,
bS74; closing today, SO lie; Saturday, $685.
September-Closng, today, STA.
On Track-No. l hard, 60A No 1 north
ern. 1914; No. northern, 5SA.
Curb on May wheat ............ 5SA 015Sss
Puts on May wheat ............... .5S1s
Calls on May wheat, bid ......... 5S5s65Sa4
SOME SAMPLE SALES
No. ! northern, ! car, f. 0. b........ go
No. l northern, cars, to arrive .591a
NO. northern, Y cars DECENTRALIZATION. .5912
NO. northern, cars, elevator 1914
NO. northern cars ................ .57la
NO. northern, car .................. .5Sla
Rejected wheat, car ID. off. ....... .57A
Rejected wheat cars, ~ lb. off w 5S
Rejected wheat / car, l h. off. .. $751;
Rejected wheat, 5000 bu., 2 lbs. off 80 81
Rejected wheat, / car, f. O. b. . 81
Corn, car As
No. yellow corn, l car ............. IA
NO white oats. i car .................. 3Oh
NO oats, cars Observation-Disclosures. 80