The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-02-26
SIMMER & THOMAS,

uation of last weeks confident feeling and
quiet hrmness was general. May start
&c at 44sc and held steady for an hour
Liverpool came 1sd to I'D higher, butsco
ioMer Ph fon @ PaTg SHADE 1b
has ruled for time in all markets was
again the feature. The week started with
trading light and nothing in sight to indi-
cate any immediate increase in activity
or gain in the volume of business. Chi
cdso reported a. quiet session.
The early news brought nothing to
I2rce selling and offerings were light.
Holders see no particular reason why
they should dump their wheat at this
time and are content to carry it, so long
as no bear1sh factors develop OF greater
ing, and against which the market has
held. Without doubt good many of the
trade are bearish in sentiment, and they
argue, not unreasQnably, that statistical
~ wheat is too high, but they are put
ting their views into practice with the
greatest caution and are afraid to follow
their convictions to. the extent of going
snort. The market has shown SO much
stubbornness against decline and has re
sponded with such alacrity to every
breath OF encouragement that there Is
5000 reason for hesitancy on the bear
size, especially as the period for crop
damage news draws closer Worlds ship
ments. for the week-fell off to 5, 1856 go
bu. against $4,000 bu last week and
was in the American figures. Russia
shipped 1,OJ6,O0O bU. The visible supply
made nominal decrease of 146, 005 bu
Wheat on passage Increased 1,304, 600 blu.
me market weakened towards noon,
May selling to 1856, and was Quiet on
the lower range. Primary receipts were
l5l ,UU bu, against 100 004 bu last year
Clearances, wheat and flour, J65,0C0 bu,
stocks increased 110,927 bu for the week.
minneapolis received 1873 ears and Duluth
81, against 536 and 3O1 last year.
May corn opened strong and active at
$3.50 and sold to CSC in the early trades
Following this a weaker feeling set in
and the market broke for 3Sc, selling at
noon to 371sc
May rallied towards the close, selling
at Zoe, and eased off again, May closing
at 749s@74Ac. July closed at 75&c, Feb
ruary i5Ac; May corn closed at 373sc.
cash trade in wheatawasr good and the
market was we'll cleaned up. The basis
remained unchanged from Saturday at
nc uhoer May Tor the average No. 1
northern Selected lots were a little firm
sold from zoe to lie. No. 3 wheat showed
a higher average and a range from Gao
to 6l12c; There was not much business
reported in rejected Prices ragged from
SEC to 6Oc. No grade was active. but
prices ruled low. Much of it brought
53q54c and poor 20 grade sold down to
sc One car of No. l hard turned up,
the first of that grade that has been on
sale Tor long time. 1t was snapped UP
for seed at &C premium, selling at soc.
The following was the range of prices:
Open High Low Closing
May 1875 IS AZ 1884 74al-%
ON, On Track = QfIicial closing quota
tons; No. hard, 76Ac; No. l northern
aaAc; No. 2 northern, 6S4@70&c; oats
26Ac; corn, 371sc; rye, 4SAc; barley, l06
0SG; flax @.5S; fax futures, May, $i.G3
FlaX-Rece1ptS are running light and
the tWo-day run brought only Is ears in
to this market. a bout Z cars were on
sale early. Good rejected brought ,a55.
and ordinary went at S1.53 No grade
was not very plentiful except for very
poor stuff. Ordinary no grade was quot
ed $1.4S to 81. IS. Some wet and sour no
grade was unsold late, as buyers and sail
For one very poor car 90c WASH hid without
sale. Local stocks made Ii Slight gain
tor the past week and now stand at u.s.
6S9 blu, minneapolis received Is cars
against II last year. Duluth had none
Chicago received II cars. +@
Closing prices were: Minneapolis, cash.
$loY; to arrive, S1.59; May. $163; Duluth
cash cash 5 $l;62; to arrive, Sl62; May, $1.66;
Flour-The market is mere active and
shows improvement on the whole al
though foreign buyers are still somewhat
out of line In their views. There is q
good domestic demand. First patents
are quoted S4050415; second patents
$3S5@4; first clears. g. 90d3; second clears
91JOL2- SilLpiiiSHtSI ~, lZ3 dds.
Millstuffs-There is an excellent de-
mand for nearly every grade at firm
prices. Millers report business generally
satisfactory Bran in bulk. So. 25@12.56
tic four 11nlidddlings, $12. 1908 bulk shorts,
$l2. 25dgl2 50; red dog in l40-ib sacks, $142566
1850; feed in 260-lb sacks, 81 per ten ad-
ditional; in l00-lb sacks. so per ton ad-
ditional. Shipments. 1.473 tons
Feed and Meal-PIices IRE firm and
steady as quoted; The market holds up
in sympathy with the good tone in
corn and oats. Coarse cornmeal- and
cracked corn, S1425; No. 1 feed, SI4. IS; No.
2 feed, $15.z5; No feed. SIS. IS; granu-
lated cornEneal, in cotton sacks at the
Coru-The market holds firm and
steady on the present range, with any
thing at all good selling over SIC Of
ferings. drawn from receipts Of 213 cars.
were liberal. but demand is active enough
to absorb the best lots promptly. No 8
yellow is quoted 37GI371kc; No 8 corn, SIC:
No. corn. 36$l Ge561sc- Receipts, 213 cars;
shipments, ID cars.
Oats--The market was. firm and STEADY,
with the average unchanged ON the days
business. Good No. white viii bring 27c
and No. sells around 261ac for ordinary
Some no grade oats brought Zee, and Ne
that were dirty brought 25sac. No.
white is quoted at 261k6I27c: No. 8 cats
260261Ac. Receipts. IS cars; shipments, I
cars. -29 .5si.t s. ..-
Barley-The market is quiet Feed
grades are quoted at S9043c; mailing
grades. 44G52c; fancy barley for seed viii
4a5c below; No. 5'1or0ugbt 4szssQfa7llkc. Re
Ceipts, 8 cars; shipments, Lear b.
Rye-No. 9 IS quoted at 48@c. There fs
demand for choice. rye. Receipts, 1 car
@30; Iowa upland, S9El1e;s- coaTse to. me-
dunn, $6.50GG9; rye straw, $666 so Re-
ceipts. 295 tons; shipments, so cars.
STATE GRAIN INSPECTION