The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-04-23

ed strong and higher this morning and
scored an advance of 15Sc I'D to noon
May started at sc over Saturdays close
ana sold to re. July opened at 723s and
sold to 1856. There was considerable
short covering, especially IN July. The
ADVANCE was principally on bull turn
in Liverpool. That market was UP I'D to
start, came I'D up on second cables and
at the close was 11sd over Saturday. The
strength there was based on reports re-
ceiYed ever Sunday of damage to the
German crop, these reports bearing out
what has been received previously and
bringing further details of damage.
BroomhaH cabIed that reports of damage
By frost in Germany were being received
Freely, that the English trade were in
doubt as to how reliable they were, but
We're acting on the assumption that there
has been damage. Berlin ran up 13ze at
the close. Paris closed 10 to 20 centimes
up on wheat and 20 to 80 centinles up on
flour.
In the Chicago corn pit Phillips was a
free buyer, shorts were forced in ana
May corn advanced 2i5c to 461zc. This
wheat passed Minneapolis, and gained
1896 over Saturdays close, selling at 725sc
A large part of the Chicago buying was
said to be for Southwestern short ae-
count. Clear weather is general over
the West, the Northwest and Southwest,
with rising temperatures everywhere
Rains fell in Illinois and eastward. The
predictions are for clear and warmer
the Southwest was forthcoming, and the
winter wheat situation was passed over
for the moment in the greater interest
in the foreign news World 8 shipments
showed s, 26S, 900 bu, against 10, 1856 600 bu
last week and $4,000 bu a year ago.
America shipped 5,3G6,000 bu of this and
Russia shipped 1,416,009 bu. Wheat on
Passage decreased 100000 bu. The visit
bic decreased by 2C05,6 coo bu, bringing the
total down to 49Sj2,G06 bu
1t seems the general opinion that be-
fore the final settlement May wheat viii
sell over July, yet the trade is somewhat
mixed on this proposition. In former
years, whatever may have been the gen
eral situation, there have usually been
enough holders of May to let go at the
end and close the option below July. This
year circumstances are different There
has been a good deal of cash wheat sold
lately and the arguments suggested as
fayoring a premium for May are the
probabilities that elevators viii hold on
to their wheat, that nillers will call
whatever they have coming and that
there may be some difficulty in making
deliveries. Elevators have been buying
May wheat. Primary receipts were 521,-
600 blu. against $4,000 bu last year Min
neapoIis received 3G6 cars and Duluth IS,
against 269 and So last year
The local corn market was active in
sympathy with the bull turn in Chicago.
but followed the advance only in part
May corn opened at 405s, sold to Ale, and
held firm at that figure.
At the end the market was firm and
active, closing near the high point MAY
wheat closed at 72c; July wheat, 1880
7315c; September, 7114c. May corn closed
at 41c; July corn, 4112c.
Clearanees wheat and flour for the day
We're IOS1,000 bu; corn, 225, eco bu.
The cash market presented much
ayeIler appearance than on Saturday.
Offerings We're larger but nillers We're
in the market for everything and the
usual number of outside buyers were here
for the Monday buying. The good wheat
was taken promptly at about Saturdays
BASIS, f1zc over May for No 1 northern
Cho1ce No. l sold late brought 73c, the
average for the day showing 72S1c No
northern brought 69c to 701zc, and was
Wen taken No. sold from 6215c to sc.
rejected and no grade were more quiet
put We're salabIe at firm prices. Rejected
54c to &c.
Minneapolis range of prices:
,I Wheat Open. High. Low. Mon. Sat.
july y rra 52%1 d 7s2sH ~ 7sas9s 7 7ss
NO. l hard wheat, 75c No 1 northern
wheat, 13c; No. northern wheat. 700
I1c; oats, 261ze; corn, Ale; rye 4Sszc; bar
ley! s9 4eQ02c; fax, $L.5613; flax futures, May,
Puts and Cal1s-2 O'Clock Report: Puts.
May May wheat, 71s4c bid; calls, May wheat.
f2z e sellers Ter curb. May wheat, 7214c bid.
IaX-Fhere was an active fax trade
Some No. 1 seed came on for sale and
brought $1.55. Rejected sold as high as
j. IS for the choicest lots and ranged
down to 81 45 for poor. No grade sold at
Si:5o; some choice no grade sold at 81 Il
Minneapolis received Il cars, against s
last year. Duluth had none. Chicago re-
ceived Is cars
81 5612; to arrive, 81. 561a; May, S159. Du-
1uth, cash, 81 5915:- to arrive. 81 .5qib: Nav
81 81; September, 81 .24; October, SI21
FIour.The market is active on the
IN
good many orders booked on the day s
business Prices are quoted unchanged,
put are frm as given below. First pat
ents, s.. S513. rs; first clears, s., 95613 0.
second clears. $2Q2.19. Shipments IS, S2s
bbls -o''-'
Millstuffs-- There is a steady market.
Prices are firm as quoted. MiIlers report
better demand than ruled last week
and the general situation a little more
satisfactory Bran in bulk is quoted S12G6
y; 90; bulk TX shorts, 81. 50d11-7 70; -four mid
$f4 :50lt14. rs; in 2t0-lb sacks, 81 per ton
ADDITIONAL; in 100-Ib sacks, 81 so per ton
additional. Shipments. /, 339 tons.
Feed and MeaEThe market is firm and
steady but there is no advance, although
corn is frmer. Coarse corn meal and
cracked corn meal and cracked corn are
quoted at SIG; No. l feed, $3.50; No 2
iced, ST; No, feed, $3.50; granulated
corn meal In cotton sacks at the rate Of
81 IS per Dbl
Corn-The market was fraction firm
er, No: yellow holding above 4fc
throughout. Sales were made at 4TAc
and in No. 8 corn at 411Ac There was an
active demand. Receipts, 80 cars; ship
ments. cars.
oats-The market was active and firm:
NO white sold at 2615@27hc. No. j
oats brought 26@27c. Receipts, SO cars:
shipments, cars.
Barley-The market is steady. Feed
grades are quoted 39c to 4Sc; mating
grades. 44c to SIC. Receipts, cars; ship
mentS, / car.
Rye-The market is steady at 4s1k04Ssle
1or NO. rye Receipts, 1 car; shipments
Hay-Cheice timothy Is quoted at N4,
minnesota upland, s11.5G612; Iowa up.
land. SH-5o@12; choice mixed, S1o91o. so: