The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-11-26
MINNEAPOLIS GRAIN.

MINNEAPOLIS CHAMBER OF COM
MERGE, Nov. 25.-The local speculative wheat
market opened higher and nervous this
morning on rather sensational cables from
Liverpool. First cable quoted Liverpool
wheat at $40 per GENITAL over yesterdays
close shortly after another cable reported
that it referred to the March future. This
put the crowd guessing as to the position
of spot wheat and near by futures and
from the course of the market an onlooker
would judge that the majority were in favor
OF going slow and not attempt to follow
the pace set by Liverpool on the eve of a
holiday. First prices here were at an ad-
vance OF lAc to 13sc over yesterday lost a
little because of heavy unloading of Deem
Der wheat, but continued remarkably strong
at or near the opening figure throughout
the morning session. The news of the day
was rather meager in comparison with yes
terday, but on the whole confirmatory of
yesterdays ''bull edition. Mail advices from
the Argentine to London Of Nov. Is were to
the effect that there would not be over Is
100000 bushels surplus for export from the
growing crop, and that cable advices since
describe the prospects in the Argentine as
becoming worse as harvest time approach g s.
San Francisco reported 81, 800 bushels cleared
today for Australia. OF the IS 80O.O0a1 BUSH
els afioat for Great Britain, 10 320 900 bushels
is California wheat, 800, COO bushels South Amer
lean wheat, 2,080,0 900 bushels from the At
lantic coast and Russian wheat 300 900
bushels.
Clearances from the four chief Atlantic
ports today aggregated 559,00O bu. about 200,
New Orleans. New export trade was rather
light. Chicago advised of cargo of No. 2
northern taken for export. December wheat
opened at 1870, against 77sGD78c yesterday
sold down to 79c advanced to 7915c declined
to 791sc, frmed up to 791&6796s by Las. and
by noon held steady at 791kc.
May wheat opened at .S2ssc. against S05s6
S0%4c yesterday, dropped to S15sc firmed up
TO S2Ac sold at S1M@S2c. gained &c dropped
TO Size, advanced to Sc lost nc, firmed UP
to S24c, and by noon held at S21s@82Ac.
The cs-h wheat demand was good with
hardly enough of trade to go round. The
bulk of No. l northern sold at 1c to nc
over the December price. No. / northern
sold at SOAc to S01zc, and No. at 7S1ac to
soc Sales were made as per statement
below. Receipts here were 100 cars. Ship
ments, 81 cars.
The official closing cable quoted Berlin
wheat q mark lower for December. Liver
pool Id to I'D higher for spot and near by
futures, distant futures Sd higher for the
day, and only I'D lower than the top Paris
wheat and flour practically lower Trading
In wheat was rather slow during the lasi
= hour Of the se~sion, but ruled firm at near
the top price Of the day. November wheat
closed at 1880; December at 1870 and MAY
at 50 1-16c.
WHEAT RANGE.
May-O0enng. s2ase: highest. S2ssc: lowest
S11ac: closing today. So Lice; closing yester.
day. S024c. MISUNDERSTANDING today. 1850
closing yesterday, 777sc. December-Open
ing. 1880: highest 79%c; lowest 79c; closing
On Track-No. lard, Size: No l north
cats. 1Sc; fax seed TIC.
Curb on May wheat. 50
Puts on May wheat. .,.....-.. 500
SAMPLE SALES. -
no. northern, 26 cars. .................... so3.