The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-03-18
80 far as wheat is concerned and much
more so when it comes to -four. Wheat in


more SO when it comes to -four. Wheat in
the United Kingdom is today, proportion
ally. cheaper than here in Minneapolis,
and with the English milling capacity
large enough to flood that country with
flour in a weeks run they are discount
ing prices there, selling flour cheaper than
even they can get the wheat. This re-
StrictS the export trade from this point
materially and confines our trade to the
satisfying Of the demand for American
flour which will always refuse substi-
tute, whatever the price. Local mills who
have established a good trade in this
country are finding business little less
uphill, but those whose trade is of that
uncertain character that depends upon
the general market conditions are finding
it difficult to run, and the result is that
there is a good deal of idle capacity at
the moment. Mill storage in the different
parts Of the country is we'll filled, and
there is considerable at the head of the
lakes waiting the opening of navigation
for movement east. The winter wheat
country is buying quite freely, but their
trade is divided between two or three of
the local concerns as the mills here as
general thing have not paid much atten-
ton to that trade this year. The concern
which has looked after that business a
good deal is running full capacity and has
been all along and today finds it neces-
sary to keep the wheels going. While that
trade does not take large lots and is very
large and at quite satisfactory prices.
BRAN AND SHORTS--Trade condi-
tons in these lines are the same as they
have been for two or three weeks past.
The mills are well enough sold ahead, SO
that they are not anxious but at the same
time they are offering all they can sell.
and the buying side at the moment rather
has the advantage, as there is the lack
OF the Eastern demand, and that is quite
an item in the feed market, and when 1t
;e-1 ,,lr; f.1t \,
with good Western demand the mills
can run for some little time without MOTTO
ing the matter. At present the Western
trade is inclined to be little light. The
mills are sold ahead far enough to pre-
vent a material reduction in values, al
made at the lower quotation.
FEED AND MEAL-The market holds
steady at the reduction in prices which
were made last week. The volume Of
trade is small, but as the supplies of the
raw material are also small, and the out
put restricted to a small amount, there
is little anxiety shown on the part of the
millers. Prices of corn and oats at Chi
cago continue to point toward a lower
level and values here are following in
their wake to some degree. There is
nothing dong with the WOOdSmen now but
there has been enough trade with sections
of the country where local supplies Of oats
and corn have become exhausted to Off
SET tHlS loss, anu the VO1uIHS VI BUSINESS,
while small enough, has not materially
suffered Millers quoted corn meal and
cracked corn at 1915 and mixed feed at
$10@10.50 according to grade.
HAY-There is nothing new to report.
Trade is at a minimum, and receivers
find it so difficult to sell a car of hay
that there is very little to be made by
handling it. The trade is we'll supplied,
as a general thing, and as the time for
the general breakup Of the roads in the
country approaches, many of them are in
clned to look for better conditions than
We're anticipated, and they are selling out
some of their reserves at present prices,
believing that there will be less profit in
holding than was expected a few weeks
ago Quotations are unchanged.
BARLEY-Little doing. Prices nomin-
ally quoted at 22@25c according to quality,
but sales are difficult to make at any rea-
sonable price.
FLAX-Trade is quiet. Local quotation
nominally about &C under Chicago price
CORN-The offerings of corn are some
what smaller on the decline, and uncer-
tainty regarding prices. Receipts for spot
sale are SMALL and offerings to arrive are
also very light. There was some de-
mand for corn on the basis of 25@251ac for
No. 3 yellow although it was doubtful
that this grade to arrive would bring
above the lower quotation. No. 3 corn by
sample sold at around Csc for best quail
ties but the regular market would not
warrant a price much above 241ac.
OATS-The offerings of oats on spot
were fairly large, with fair demand at
lower prices. Considerable of the better
stock arriving was applied on sales, leav
ing only a fair amount of the contract
grade to offer on spot. The No. oats
offered We're in demand on local account
at 1Sc and less, according to quality. No.
3 white oats were a little easy some choice
stock selling at as low as 18Ac by sample.
The general bid for this grade to arrive
in good quantities was 1SAc, and at times
the best bid was 18c.
RYE-There was practically nothing do
ing in the rye market. The price was
nominally quoted on the basis of 33c for
No 2.