The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1896-01-04
GRAIN MARKETS.
THE MINNEAPOLIS MARK

III r. M I'm N EAfOLlS Mai r. L..
May wheat opened this morning ast
markets not responding to the advance
the early part of the week, and the Price
Current was bearish. The first trade il
May wheat was at 55$sc, sold at 551ac
down to 55kc, back to a half on report Of
large clarances, and two millions Of colo
coming back from abroad, but The markel
did not have any snap to it, and starting
on the down grade again sold down tc
54Ac, closing at 54B@55c, a loss Of s4c fol-
the day.
The clearances were large, 554, 500 bu Of
wheat and our from the four Atlantic
ports, and for four days, 1,745,Q00 blu.
The primary receipts were fair, $685. O0{
bu for two days. against 232, 900 bu last
year. Minneapolis and Duluth received
36S,700 bu of today's total.
The Cincinnati Price Current reports
a favorable week for the winter wheat
crop, and the conditions further improved
now largely protected by snow, but the
grain marketing restricted by bad roads
and low prices.
Local receipts were 372 cars. against ISL
cars last year. The grade wheat has
mostly been sold to arrive, and what little
there was for sale went at Ac urder
the May option for No. northern wheat
Off grade sold proportionately we'll.
FLOUR AND COARSE GRAINS.
FLOUR-The market is at a standstill
Dealers everywhere have allowed stocks
to shrink to their lowest size, and today
there is no change from the position in
which the market has ruled for the past
ten days. Mills are grinding as heavily
as water power will permit and turning
the output on sales previously made for
forward shipments. At the present prices
hc ,f t,1rr ioo ri J.,
reling is on the basis of very close to So
for first patents. Most city mills are
quoting s.. 10 for flour in round lots, but
those DESTROYS of selling are offering at s..
From that the price ranges UP to So: 40 for
small lots direct to retailers.
BRAN AND SHORTS The asking
price for bran is on the basis of SIS. 25,
Boston. Mills here are generally holding
a little tir1ner than that. They insist on
S. so as the regular price for standard
bran in bulk. Brokers claim to be able
to get limited quantities Of country stand
ard bran at $6.25 here in bulk. These
prices, however, are not met by city mill
ers, who are generally in a fair position
to hold out of the market for a few days.
NO Improvement can be noticed in shorts,
sales being made with difficulty and at
the same low prices: The general quota
ton for shorts is $685. 50, according to
grade. Middling are quoted at SIS. 25@s. rs
according to quality.
FEED AND MEAL-Trade in this line
is at 81 standstiil, and milIers scarcely
know how to begin the new wear. Bust
ness has been considerably disappointing
for some time past. and the cold weather
not having come until the advent of the
holidays, has ROT given trade the activity
which would otherwise have been the
case. These products are quoted on the
basis of 50 for the coarse corn products
Mixed feed is quoted at $9.25@9.75 accord
ing to grade.
HAY-Receipts Of hay continue small,
and trade is of little Importance. The
condition of the market is unchanged
from that which has ruled during the
past fortnight, and present appearances
would indicate little chance for improve
n,ent in the very near future. Buyers
take hold Of the few cars COM
ing on the basis Of about $6Gp6. so for the
best hay. There is no really fancy up
land coming, and but very little of what
might be called choice. The bulk Of the
sales are made at S.. 50@6, While poor
qualities sell slowly down to around 81 so.
BARLEY-Each day finds few cars
Of low grade barley on track, with no
oerceptible market for them. Spectators
take these offerings at ~ 121c.
if they are pretty good in quality, and at
around 1Sc when very poor, The bulk OF
the offerings sell at around ls1ac Most
IF the stock grades Nos. and 4, but only
a. small proportion Of No 3 is fit for malt
;ng purposes. The stock is used for feed
purposes, and as such speculate will not
take it at above oat price. For really
fancy No. ? barley there is e demand at
around &c. ~
I FLAN-Not a great deal of fax is COM
ing. but the local market is not particu-
afly strong, being still quoted at the same
difference of size under Chicago price.
nothing can be bought to ar
rive at these prices, and most of the
arrivals are each day applied on sales,
previously made at higher values.
CORN-The arrivals this morning were
not large, and there was good local
demand for al 4 spot offerings. Local buy =
titles of spot stuff On the basis of 221sc@
ssc Tor ven Good No. was