The Irish standard., 1897-01-09
! II | MARKETS. |

ssss MINNEAPOLIS CHAMBER OF; COM
MERGE, Jan. First cables advised the
trade that the. Liverpool wheat market
was weak at I'D lower. This was no sur
p prise after the course of the market here
yesterday. Operators generally looked on
4 the news as more favorable than other
wise, inasMuch as . 1t showed greater
a strength than here and moreover that the
& net decline in Liverpool since Jan. is not
quite half of the net decline here. Wheat
opened at nc advance over yesterday for
May, but under pressure of selling the
advance was quickly wiped out and % ad-
ditional. Rallied again, recovered the lost
ground by II a. m. and held steady up to
noon, with trading fairly active. The news
OF the day was generally bullish in tone
with the exception of cables Argentine
advices reported that the wheat crop was
!. almost a total failure. San Francisco re-
ported the Australians were again in the
market, beginning to buy the 1900, 600 bu
required by them. AS a consequence
Frisco wheat advanced 41hc per bu yes
terday. and today they advise that Cali
fornians arc buying wheat in Utah for
export Buffalo advised that Boston houses
: had bought 10000 bu Of wheat to go all
rail- for export. st. Louis was q free buyer
in Chicago and reported a good milling
demand. Chicago also advised that there
were large foreign orders at figures slight
~ under the market. The Price Current
in this mornings issue throws cold water
on crop damage reports by saying that the
recent mild weather does not develop the
damage done by frost in December as
previously reported. The Ohio state crop
report, however, does show that the crop
has lost ground in that state. Clearances
from the seaboard were liberal, being
$4,000 bu OF wheat and flour. Closing
cables quoted Liverpool IA lower for
March delivery.
May wheat opened at 7el2c, against
7s1-16c yesterday, declined rapidly to 1850
1SAc, advanced to 79Ac, lost 1sc, firmed up
to 79as@791Ac, sold at 791sc, advanced to
,Nasid by noon held at 1880.
@s The cash wheat market was stronger
today, with the demand good at 1Am12sc
under May. No. / northern sold at 773.M
7SAc and No. at 7Gd17Ghc Sales were
made as per statement below. Receipts
here were 1856 cars and 50 cars shipped out.
Shortly after - o'clock the market be-
came quite active. in sympathy with Chi
cago Chicago advised that the rally was
caused by buying to protect calls. Boston
advised of 100000 bu vessel room having
Moderate purchase Of Utah wheat here.
There will not be surplus bushel Of wheat
in California March -
FLOUR.
FLOUR-There is much change to note in
the flour trade. Millers arc selling q little, and
are not pressing saes being confident of some
First patents $4.s5Gl 4.5O
Second patents ....... .............. 4.05QD 4.25
First clears ....... ................. 2.4OQp $50
Second clears ...... Observation-Disclosures. 2.30@D 2.55
Red dog, per ton. 14O lbs jute 11.0OG11.O
Following quotations are In cotton Sacks 80
and 40 lbs:
Rye flour. per bb pure 00g2.S5
Rye flour, Xxx, per bbl ................. 19GG2.N0
Rye flour, Star dart per Dbl ........... 1.S0@l.99
Buclwheat flour, per bbl ............. 325Qy3. so
Graham flour, per bbl ....,............ 1903. .25
BRAN. sHORTS AND COARSE GRAINS
Washburn, Crosby & Co. quote as follows to-
Bran in BULK 2oo-lb sacks ....:...: 575g 500
Bran in bulk, 100-lb sacks 6.25@D ESQ
Shorts in bulk 4.75@D 800
Middngs in bulk .............. 7.00QD 7.25
Red dog, in 140-lb sacks ........... 10.OOQp10.5O
Demand. is very light in the East. The Western
trade is fair, and the demand for export is also
fair.
Corn-Corn is arriving in very bad condition,
the most Of it being wet and hard to handle.
No. 3 corn, l9c. No sales.
Oats-No. 8 oats sold at 16G16Ac: No. white
quoted at TIC.
Rye-Quoted at s5c for No. 8.
Barley--No. sold at 21Ac
Feed-Repcrted by the Diamond Elevator and
Milling Company:
Business is brisk, with good demand at
prices quoted Bran is little Slow.
Coarse corn meal and cracked corn,
sacks per ton, sacks extra .......... s.. .0O03.5O
No. / ground feed 2-3 corn, 1-3 oats,
NO. se-'s sseSs ground feed, 4 corn oats, S'0S'''
No. ground feed, 2-s oats. 7o-lb sacks. soops.5S
Spring wheat bran Observation-Disclosures. 5.00D5.25
DULUTH GRAIN.