The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-12-04
This Crop. Last Crop
WHEAT STRONG.
market Record.)


market Record.)
Wheat prices are likely to rally again and
again before the possible collapse Of next
summer, IL the spring opens up well for the
winter wheat, and proves favorable for a
large breadth Of spring wheat. The snow
blockades that likely to exist in the
Northwest all winter, will unquestionably,
make local scarcity for grinding. These
storms will prevent free selling by farmers
and the wheat in country elevators will be
held, unless full premium is paid to bring
it out to grind. The situation, with the nat
ural shortage there is among the winter
wheat mills, should create even a larger
domestic inquiry than any we have had. The
influence of it ought to maintain values well
along toward the end of the season. Then,
when the final time comes to clean up for
new crop, is when prices may be expected
to lag, unless they sustained by poor
prospect for a new crop.
NEW YORK.
NEW YORK Dec S.-Flour-Receipts, 23. 700
bbls; exports, 1904 bbls; market dull and
easier on spring patents but steady for win
tiers. Rye -four steady. Buckwheat -four
dull. Buckwheat quiet. Cornmeal more active.
Rye dull. Barley malt dull. Wheat-Recelpts,
9 los, 900 bu; exports 5000 blu; spot dull; No.
hard, 96Ac; options opened weaker on cables,
but rallied sharply on unfavorable Argentine
news, and after dullness and irregularity at
midday, finally advanced actively on strong
California news, and indications that the
visible supply will decrease 1000, 900 bu next
week. closed 7s@1c. higher No. red, May,
of1SNPoS l-lOc, ClOS0Q, 16CSluD0T, 0c@SGDJUC,
closed soc. Corn-Receipts, 81, oOO bu exports,
1850 bu; spot dull; No. 2, 2SAc; options
opened steady; advanced with wheat, eased
off under large receipts, but rallied again and
closed partially Nc net higher May, 50 1-16@
32Ac, closed 321sc; December, 29A@3sc, closed
29Ac. Oats-Receipts 139, 700 blu; exports. 900
bu; spot firm; No: 2, 23c; options inactive
but higher, with other markets closing at sc
net advance. May closed 26Ac; December,
2Z7sQ2Sssc, closed 23ssc.
LIVERPOOL GRAIN.
LIVERPOOL, Dec. 3.-Close wheat, spot,
quiet; demand poor; No. red spring, 6s lid;
No. California, rs sgd. Futures opened
quiet with near and distant positions 12d
lower, business heaviest on middle positions.
December. January and February IS 1012d;
March, 6s 10Ad; April, nominal May, IS
No. 2, 2s 11kd. Futures opened quiet with
near and distant positions Ad lower; closed
quiet with near and distant positions I'D
lower. Business about equally distributed.
December, Is HID; January, rs 101ad; Febru-
May. Is 1osld Flour arm: demand poor;
St. Louis fancy winter, 0s Sd.
ST. LOUIS.
ST. LOUIS, Dec. 9.-Wheat, No 2 red 9Oc
bid. Corn. No. cash, 21c; Dec. &c; May,
24@24Sc: Oats, No: cash. zoe bid; $50
track. Flax, 751ac. Pork, standard jobbing,
81. So@7 .55. Lard, steam, $3.75. Lead, dull
and easy, $2.7211@2.SO. Spelter, strong, $4.15.
MILWAUKEE.
MILWAUKEE,, Dec. 3.-Flour, quiet and
steady. Wheat lower; No. spring, soc;
No. northern, S41ac; May, S3Ac. Corn,
steady and quiet; No: 9, 24e. Oats. steady;
No. hard winter. 79GS0c; No. hard winter,
77@79c; No. / northern, spring, Sk1c. Corn,
No. cash, 23c. Oats No. cash, 1Sc.
AUSTRALIA SHORT.
LONDON, Dec. "a Times dispatch from
Melbourne says that on account of the crop
deficiency Australia requires one hundred.
thousand tons of wheat and -four from Amerf-
ca, and that half of that quantity has already
been ordered.