The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-12-14
MINNEAPOLIS GRAIN.

MINNEAPOLIS, Mimi, Dec. 13.-There was
very little of an encouraging nature for
holders at the opening this morning. Cables
were all weak and lower. The usual Mon
day morning statistics were beariSh, inaSmuch
as the worlds shipments showed a very
large total-nearly 100000 blu for the week.
1t is true these figures are a full million
less than last week, but it means a good in
crease in the European visible or large
increase on passage, which, as rule, have
a depressing effect on the market About IL
a. m. the government report was made, show
ing a total of wheat actually harvested dur
ing the summer of 530000,000 blu, or fully
30 900, 900 bu more than expected. These fig
ures to a large extent had been fully dis
counted by tips" 1t is said, and as a result
1t fell fiat. Locally our stocks in store in
creased SIS, coo bu. The visible supply showed
a decrease of only 101 600 bu. Clearances
from the seaboard were liberal. The action
of the market Immediately preceding the
noon hour gave evidence that there was
something in the wind regarding the Decem-
Der deal. Short sellers were full of assur-
ance that the darkest day had passed. From
other sources we learn that 1t would be well
not to be too confident.
December wheat opened at 9115c, being the
same as Saturdays close, lost &c, advanced
to 9215c about midsession and declined to
$3.50 by noon.
May wheat opened at soc, against SS%c
Saturday, lost Bc, frmed up to &c., dropped
to $500, advanced to 89Ac lost &C. gained
&c and dropped gradually to SS15c by noon;
The cash wheat market was somewhat
of puzzle to many. The demand was good
for grades that would pass inspection in Chi
cago and brought sc over the May option.
Ordinary good milling wheat was slow to
move at anywhere near the premium paid
on Saturday, and lower grades were decid-
eddy slow and weak
The market during the noon hour was
weak and inactive with sentiment generally
bearish. Chicago advised that there were
over $1,000 blu in private elevators there
which would come into the visible as soon
as navigation closed. New York reported
q very light export trade. December wheat
closed at 90Bc; May at SS%c.
RANGE OF PRICES.
Open High Low Closing.
ing. est. est. Today. Yes.
May SO g. s So s ss2s s ss SIS SIS
On Track-No i hard. s2% No. 1 north
ern. 9215; No. northern, SIC: December
oats, 223sc; corn, 241kc; fax seed, s1.121s.
Curb on May wheat Observation-Disclosures
Puts on May wheat ..................".SSA
Calls on May wheat ..:..,...,.,,,.....".S9S
SAMPLE SALES.
No. 1 hard, cars .....................94%
No 1 hard, cars .......................9419
No. northern, 1 car .....................9f
No. 1 northern. % cars Notwithstanding
No. northern, 81 cars ..................9S
No northern, s cars MISUNDERSTANDING
No. / northern. 1 car ...................9SA
No. northern, cars. ...:.................S2 9@
No 1 northern, $500 bu, to arrive. .9S1a
No. 1 northern, 2150 bu, to arrive. ..93
No. / northern, 10000 blu, to arrive. "a
No. l northern, 5000 bu, to arrive........95
No. 1 northern, 1 car, to arrive. ......... SO
No. 1 northern, 8 cars, to arrive choice 81
No. northern, 5 cars. Observation-Disclosures
No. 2 northern. Is cars. .S51h
No. northern, 1 car. .S5%
No. northern, IA cars. ..................S5
No. northern, l car, to arrive. .S5h
No. 2 northern. l car. .....................S5
No. northern, 10 cars. .S6k
No. 2 northern, cars. ...................87
FLOUR.
The -four market is said to be dull