The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-02-17
MINNEAPOLIS GRAIN.

MINNEAPOLIS, Feb. 1e.-The wheat mar
ket opened hcigher and very strong this
morning. The very air appeared to be
charged with bull feeling Activity was
more pronounced than for weeks past The
reason whereof not quite clear for the
that cables as a rule were not en-
There was an extraordinary demand for cash
wheat at nearly all points. This put the
speculative guild on edge, they felt 1t In Their
bones that there something on the pics,
and the result was wild scamper for cover
May wheat opened at Csc against 95&cc
yesterday, advanced to $3.50, lost 1sc, gained
Mc, dropped to 95Ac, gained &c, lost &c and
frmed up to 9512c by II 80 a. NJ July wheat
opened at $3.50 against 92Ac yesterday. ad-
vanced sharply to $3.50, lost 1sc and gained
&c by HOO a. m.
The cash wheat market was booming again
today especially for No. 1 northern. Large
sales were made at 31ac over the May prices
both for cash and to arrive. 1t may be noted
here, that the same broker who bought wheat
for Letter some time ago, was the active
buyer today. Receipts here were 221 cars;
shipments 10 cars
About II O'Clock the market took a sudden
start upward and advanced quickly to $3.50
9613c in sympathy NTH Chicago. There was
nothing in the way of news to cause the
radical option. The shorts are beginning
to realize their position that's all.
The most remarkable thing in this furry
is that July should be SO panicy. Dabbers
distance. Today they find that they are
not out of range
February wheat closed at 97c, May at 95as
QS012c ana July at 501SC.
RANGE OF PRICES.
Wheat. Q iRg e dss est t'v 4oS GlSsin Yes
May =. 80: =: 8 ssi@ s. s. ss4
July 1r.c1o 9s sar s5 .za ss% h s}7S no9 92%
pats, 271kc;. corn, 2SAc.
Curb on May wheat ...... .97k
Puts May wheat .95%
Calls on May wheat go. ....... .......99B
SAMPLE SALES.
No / northern, % cars, choice .........99
No. northern, cars ....................H
No. 1 northern, cars Observation-Disclosures SO
No. l northern, cars 1872
No. northern, l car .....................94
No. northern. cars .....................93 H
No. wheat 10 cars .......................9 0k
No. wheat l car ........................s0
No. wheat, l car ........... ............ .92b
No. wheat cars .....................91
No. D wheat, car Slt2
FLOUR.
Flour-The flour market is stonger but not
active. Higher prices are asked, but not fully
established
First patents ....................$4 81. 906D5. 05
Second patents .... =. ............. 4.S0@4. 80
Corn-No. 8 yellow, 2S1kc; 10. 8, 2s9sHc;
No. 4, 2712c. Market stronger.
Oats-Oats are strong and active. No. sold
today at 291ac
Rye-No 2, 4Sc
Barley-No. 5, 291bc.
Feed-Reported by the Diamond Elevator
and Milling company:
The trade is active, with strong demand
at advanced prices.
Coarse corn meal and cracked
corn, in sacks. per ton, sacks
extra, to jobbers only ........ 81 500 -.
No. 1 ground feed, % corn, 1-3
oats S0-lb sacks, sacks extra. -. 12 COO 80.
No. ground feed u corn, u
oats 75-lb sacks, sacks extra. -. $500 80.
No. ground feed, % oats, 75-lh
sacks, sacks extra. .............. 10 600 80.
STATE GRAIN INSPECTION
Northern. No.
Railroads No.1hd Mol No. q No. 8. Rid Cd.
G. NIB. Div ........ 81 Is II 4 8
G. NJ. F. Div..... 1 q 10 O