The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-06-21
MINNEAPOLIS GRAIN.

MINNEAPOLIS, June 19.-For five minutes
after the gong sounded pit traders hest
tated as to whether a price should be fixed
for wheat. Cables advised Of a I'D decline
in Liverpool, and markets dull at that. This,
however, was not to be wondered at, for the
reason that the chamber adjourned early to-
day, and will remain closed till Wednesday
morning next, because of jubilee festivities.
The London cargo market was reported as
firm, but not active. Home crop news was
generally favorable, and therefore bearish on
prices. All other items received were in
favor of higher wheat prices. Local stocks
will decrease Csc, 600 Blu, and Duluth about
500, 900 blu. The Argentine shipped no wheat
to England or the continent. For twenty
one weeks shipments from that country ag-
gregate only LIZA, GOO blu, against Is. 400, 600
blu for the same period last year. The worlds
shipments this week are expected to be about
5, 800, 600 bu, or 1,500, 900 blu less than the
weekly requirements of importing countries.
New York exporters took 152, 900 blu yester-
day, including 100. 600 bu No. 1 hard Mani
toba wheat and 80, 000 Blu No. 2 hard Kansas
wheat. There were also fair acceptances to-
day for September shipment. In addition to
this 5000 blu of Manitoba was taken at Bos-
ton: Chicago advised of $4,000 bu of No. 2
spring wheat being taken this morning for
direct export, and that more was being
worked.
July wheat opened at 7ONc, being Nc un-
der yesterday, lost &c, advanced to 7O1ac.
lost 1-16c, frmed up to Tic by II :30, and
closed at 70%c.
September wheat opened at 621hc, against
62as Q62Mc yesterday, declined to 62Mc, frmed
up to e2Rc, lost 1Ac,. advanced to 6212@625sc,
sold at 621ac straihgt- by 1870 a. NJ, and
closed at 62as@ 62hc.
The cash wheat market was fairly active,
but the demand was not as sharp as it has
been by any means. No. 1 northern sold
mostly at &c over the July price. Offerings
of low grade wheat were large and very
slow to move at prices much lower. COM
paratively, than yesterday Sales were made
as per statement below. Receipts here were
254 cars, and shipments l26 cars.
RANGE OF PRICES.
June-Closing today, re; closing yester-
day, 71hc.
July-6pening, 7OAc; highest, Tic; lowest.
7OBc; closing today, 7GBc; closing yester-
day, 7Oasc.
September-Opening, 62Kc; highest, 621s0
62%c; lowest, 62Ac; closing today, 62ss@62l$c;
closing yesterday, 62%@6a%c.
On Track-No. 1 hard, 74c; No. 1 northern.
72%c; No. 2 northern, 71Ac; June oats, 1870;
tlaxseed, 72&c.
Curb on July wheat, 7O&@7OMc; puts on
July wheat. bid, 70%c; calls on July wheat,
711hc.
Some sample sales: No. 1 northern, 12
No. 1 northern. s cars, 724c; No. / northern.
2 cars. 72Hc; No. 1 northern, 2 cars, 721bc;
No. 1 northern. 4 cars, 73c; No. / northern,
2 cars. to arrive, 72%c; No. 1 northern, 300
blu, to arrive, 73c; No. 1 northern, 45O bu.
to arrive, 73Ac: No. 2 northern, 20 cars. Tic:
No. 2 northern, 2 cars, 711kc; No. 2 northern
1 car, INC; No.. 1 northern, 8 cars, zoe;
No. 3 wheat. 1 car, Csc; No. 8 wheat, 1 car,
poor, Coo; rejected wheat, l car, 2 lbs off,
5Sc; no grade wheat, 4 cars, 2 lbs off. 43c;
no grade wheat, 3 cars, 2 lbs off, 42c; no