The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-12-20
MINNEAPOLIS.

Dec wheat, st. Louis ......S2 80
May wheat, st. Louis ........S211s S2k
MINNEAPOLIS, Dec. 1s-Wheat slump
ed again today in the early part Of the
session. All markets were dull. The
seaboard reported nothing doing, Chicago
had g. very dull session. and it was the
same in the local market. Minneapolis
May sold off to 75as@75hc. The closing
of some of the local -four mills was a
trifle depressing. although this had been
pretty well discounted as it was not I'M
expected. If any weaker tone We're
warra nted by this, it would be from the
probability of a lighter demand for cash
wheat.
The cash market was firm this moru-
ing, and traders say there need be no
fear of any lack of inquiry SO long as
receipts here continue running as light as
at present. The movement of wheat in
general is moderate and there is some
interior holding sentiment.
Primary receipts were 616,00 bu, against
$4,000 last year, and shipments $1,000 blu,
against $4,000 Clearances wheat ard
-four, $4,000 blu. Minneapolis received PAT
cars and Duluth IA, against 267 and IS
last year.
The close was quiet. May wheat clos
ed at 7s12@755sc, and July at 761sc De,
cember closed at 74c. Chicago closed May
at 7SAc.
No. 2 northern was shade weaker
today, but aside from this the cash mar
ket showed no material changes. Milling
demand was lighter, elevators taking
iafEe part OF the oIer1ngS. quality vas
again the secondary consideration in some
instances, the discrimination being as
sharp as ever as between different cars. s
No. l northern sold at 751sc@75Ac, some
to arrive going at 75Ae. No. 2 north
err sold at 745sc and down to 7Sa4c. the
low prices being on Great Northern lots
principally. No. 2 wheat was salable at
7sG731sc, and rejected at 651a@721sc. No
grade ranged from 6sc to 72c. Some grades
sold fractionally out of line, either high
Or low. the car situation being felt all
through.
Following was the range of prices:
Wheat Open. High, Low; Thurs. Wed,
December ......74I ~ Il "a a
Puts on May wheat ............. 1875
Calls on May wheat ............ .755s@75A
On Track-OficiaI closing quotations,
Dec. 19.-No. hard, T7sc; No. northern,
wheat. 721s@7s1sc; oats. 41c; corn, Ss@6s11ase;;
ceraber, $40; May, a5s.
F4our.The closing of number of The
local mills does not mean any weakness
to follow in flour, but, on the contrary,
should any immediate price changes oc-
cur. they will probably be toward a /. eh-
er level This; Of course. provided there
Is no material decline in wheat eed
prices are off and this makes the =
dency higher on flour to equalize mat
tiers. MillerS report general dullness,
both in domestic and foreign trade. Or
ders to noon today were equal to about
one-flfth of an ordinary days run. This
dizziness. in connection with the very bad
car situation. makes the necessity for
the closing down of part of the grind
ing capacity.
Shipments for the day were 01.S74 bbls.
First patents are quoted at sS95@4.c
second patents, s3S0aS.90; first clears.
$.90@3; second clears, $3.50.
E'iaX-ACtiVity was noted in MAY flax
today, Minneapolis having a lively trade.
This option worked above Duluth, sell
In spot flax. receipts were so light that
there was not much business. Part OF
what came in was already sold. an1 Of
the little left there was scarcely any No.
rejected brought $1.4sA Minneapolis re-
ceived II cars, against 81 cars last year.,
and shipped cars. Duluth had 27 cars.
Closing prices a. Minnsapolisscash $50;
81 SO. Duluth-Cash, s1.471z; on track. 81. 4S;
s1.52A.
Corn-No grade corn was about all that
came on sale today Some few cars of
choice corn were in, but these went p--..-
ly for delivery. on previous sale No
grade sold at Coo. No. brought 6l1lsc.
At the close No. 8 yellow was quoted at
631hc. Receipts, 81 cars; shipments, II
cars.
oats-An active demand ruled for good
oats. No. White SOLO at f412c ana NO.
white oats at 44c. No. 8 brought 1870.
No. white oats closed at 44c Receipts,
II cars; shipments. i3 cars.
Feed and MeaI-Prices are fairly steady
as quoted, but there was no especial
ffrr,lness in the market Coarse cornneal
and cracked corn. 81. IS; No. / feed, $3.50;
No. feed, S25; No. 3 feed. $3.50; granu-
lated cornmeai In cotton sacks at the
rate of So per Dbl.
MiiIstuffs-The tendency Is easier and
prices today are lowered somewhat. Az
now quoted miIIers are holding firm.
Bran in bulk, $19919.50; bulk shorts, so:
flour midulipgs. s2o@2e.5o; red dog, s19
81 so; feed in 206-lb sacks. 81 per ton add
tionaI; in l00-lb sacks, LEO per ton adj
ditionaI Shipments, 2.116 bbls.
Rye-No. 2 sold at 6014@601ec for good
cars. There was a fair demand. AT the
close No. was quoted at 5sAc. Receipts,
s cars.
Feed grades are quoted at 50Go4c; malt
ing grades, 5405Sc. Receipts. IL cars.
Hay@upland. fancy, s7.5o@s; upland,
choice. 81; upland. No. Sc, 5ea7; mid
land. $3.50; medium. S.; timothy choice.
81 so; rye straw. choice, $450@o: wheat
and oat straw, $i50 Receipts. 10 TONS