The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1896-05-30
THE MARKETS.
CASH WHEAT MARKET.

No. / northern on spot: Offerings of
cash wheat on spot are small and all OF
ferings are soon taken, most OF the cars
sell at 11hc over July, but in some special
cases they will bring nc over July, and
some outsiders have taken extra good cars
Of this wheat at as high as 1c over. Mill
ers are doing most OF the buying on the
basis of 1ac over July price.
No. northern to arrive: There was
very little wheat offered to arrive today,
the limits Of the country holders are too
high and the line companies will not sell
but very little if any under 1c premium
over July price. The country holders and
Independent houses have but little to Of
fer and on this decline in options they will
not sell any at the present price as 1t
would entail loss on them. The best
bids openingly made were at Zee over
July, some sales were made on private
terms at a higher rate OF terms but these
cannot be counted as quoting the market.
No. 2 northern: This grade of wheat is
in good demand and 1a@Mc under No
northern price and sales of No ! northern
to arrive can be delivered as No . at this
rate Of difference in settlement.
NO northern and rejected wheat:
There is fairly good demand for the bet
ter class of these low grades OF wheat at
&c under No. 1 northern, with the poorer
cars slow of sale and at lower prices.
MINNEAPOLIS WHEAT MARKET.
Wheat: First cables this morning were
Id lower, second cables I'd higher, and
closing cables Il lower. The above relate
to Liverpool. There has been no news to-
day to influence the market either way.
The opening was weak and it has been a
sick market all day, the only buying is by
shorts to cover and that side Of the mar
l1et is pretty we'll evened UP now, taking
away a good card from the bulls. Sep
TENDER today narrowed down to hc over
July. July opened at SIC. decline Of &c
from yesterdays closing prices, ad-
avnced 1s@Ac and then declined to 5Gc
with Slight rally. Wheat has declined
about 10c without rally Of over &c or &c,
the country had been pretty well shaken
out on the break during the past week and
we believe the worst is now over and 1t
will do to buy. Minneapolis receipts, sos
cars. and Duluth 1873 cars.
FLOUR AND COARSE GRAINS.
Flour-There is nothing new to report
in the flour situation, it is in a rut and
until there is some Improvement shown In
the wheat market we can't expect any
Improvement in this market. The mills
are running with the same output that
they have been doing for the past month,
and selling not all Of the stuff put out.
Low grades are in fairly good demand
but patents are very slow sale. Receipts,
none. Shipments, 29,643 bbls
ilffCwfl.fw o;obumIIment2wk wk wk wk
The following are today's quotations In
wood here f. o. b.:
First patents :. .............$3. 25@3. 80
Second patents ..... ............ 3.15@3. 20
First clears ............... 2.45@2. 5O
Second clears ..... ............ 2.OO
Export bakers =. ...... ........ 2.45
Second export bakers .......... 2.00@2 10
Red Dog per ton, 40 lbs. jute. 10 .5o@10 rs
Following quotations are in cotton sacks.
80 and 40 lbs:
Rye Flour, per brl, pure ........N.75@2.0 90
Rye Flour per brl, xxx ....... 1.60@1. so
Rye Flour. per brl, Standard >. 1.50@1 go
Buckwheat Flour, per brl 80. 3.00@3 50
Graham Flour, per brl -...... 2.25@2.7
: In wood zoe extra is. charged.
Bran and Shorts-The market for these
goods is unchanged with some little signs
Of Improvement but hardly worth noting.
The output lately has been reduced and
stocks at other points are being reduced
gradually. Receipts, none. Shipments,
7n3 tons.
Bran in bulk $500. .......... IS. 1905 90
Bran In sacks, 200 lbs. 6. SO
Bran In sacks, 100 lbs 80. 8. 80. 90
Shorts Il. 81 Y. u. j. ]. /. 9. so