The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-09-30
THE MhRKETS.

MINNEAPOLIS CHAMBER OF COMMERCE,
and weak this enne ok Cables
large local receipts and IN sympathy with weak.
cautious traders felt fearful as to wtat effect
our large receipts would have Eastern mar
for the first half hour Offerings were very light.
but no one cared to touch it. Shortly after 10
cen,ber wheat quickly advanced from S23c to
G3Acl and continued active with fluctuations
derione up to noon The news Of the day was
Tot very encouraging English and continental
Wheat on f passage showed an increase Of
bu and the worlds shipments reported at 7,s5S. 900
further declines. but it made no matter to our
market The unloading OF long stuff. which
s neS ea Ma sr did not aeve Tss visible
100000 bu for the week. Instead OF this we
fresh buying and rapid p advance " Of fuiI cent
occurred and being &c higher than tie low price
mates the Wheat crop Of 1896 at S. 800 o6o bu less
than the crop OF 1895. This would indicate a crop
trade continues TO be bulls, with confidence in
materially higher prices later on. but for the
vance has been a little too rapid and that good
reaction would be healthy. There were no ad-
m Clearances from the seaboard IT, we're rather
light Of both wheat and -four.
Saturday, sold down 70 s2,ac. gained &c lost &c
advanced rapidly to 63s4c. lost l2c. frmed up to
80 a. m. and BY noon held at 6,i.Gssisc. y
The cash trade was active with a good de-
s.s@ssd and So at Siaasse sf Sale s0" We're
made as per statement below. Receipts here
were l.l57 ears; shipments IS
Our local market was remarkably strong
during the noon hour, advancing to the
highest price of the day by 1890. Closing
cables were all oliver and weak. Chicago
advised that those who sold early In the
session were anxious to get it back again
and found no wheat for sale, hence the
rapid advance. September wheat closed at
64lac and December at 649sM64a,c.
gcAvv v-usfactvo -onflnR oS.aefntopohn
May-Opening, G6c; highest 6Sbc; lowest,
66c: closing today, Gssc; closing Saturday,
6Gasc.
September-Closing today, G4lac; closing
Saturday. &c.
December 62$4c highest. 647sc: lowest,
t2l2c closing, today, Ci5sel64S4c; closing Sat
urday, 63Ac.
On track-No. hard, old 6eihc, new, Gec:
No. ! northern, old. 65c, new 64lac; No. 2
Northern old, G414c, new. G3Ao
Curb on Dec. wheat. 645aM6434
Puts on Dec wheat, bid .......... 63as
Calls on Dec. wheat. 66i4
VA ]
FLOUR
FLOCR-The -four trade continues to he ,n-
satisfactory because Of the errsl:lc of the
wheat market. Good sales are being made for
domestic consumption.
First patents .......................S g. 5NG
Second patents OBSERVATION-DISCLOSURES. z 55SJ3 6O
Fancy and export bakers 8 55a3 60
Following are quotations in SO and 4s-lb sacks
Rye -four per bb puer................$1 81. 75G2 GO
Rye -four. per Dbl. XXX............1 50SI1 Is
Graham -four per Dbl ::::.:.::..:..... 2.5o@2 IS
BRAN AND COARSE GRAINS
Washburn, Crosby d Co. quote as follows to-
day:
Bran in bulk. 2oo-ib sacks ........... l. 75si5 Is
Bran in bulk: 1oo-lb sacks. 5.25a57 Is
Snorts IN Dulk 4.5O64 20
Middlings in bulk. NEUTRALITY-SUSPICIOUS.. 6.75SI7 90
Red dog, in 1lo-lb sacks ............ -. g00G9 *
The market is steady with a fair demand
Mills are generally sold ahead
Corn-NO corn quoted at 19lac
Oats-NO oats sold at 166pI7c: No. whit,
oats quoted at 11Q17zc
Rye-Quoted at 32iac for No. 2
Barley-QuOted at 23l2el25c for No. 4.
Feed-Reported by the Diamond Elevator and
Milling Company
Quiet; little better demand.
Coarse corn meal and cracked corn
sacks per ton, sacks extra. ....... $500
No ground feed. 2-3 corn 1-3 oats
o"-ip SdtNS S2J
No. ground feed, 4 corn, !: oats 75-
Id sacks ;....: Observation-Disclosures. S75
No. grouhu leeu, 2-3 oats, f0-lb sacks. $50
2