The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-15
MINNEAPOLIS.

4
! May wheat, Chicago .........T4B tx
! July wheat, Chicago .........7512 16
! May wheat, New York ......S0A S1as
| July wheat, New York $500. BIZ e114
/ May wheat, Duluth ..........7S7s 7412
| July wheat, Duluth ..........74A T4%s
| May wheat, St. Louis ........S1% 81H
july wheat st. Louis ........74Aas 74is-1z
| MINNEAPOLIS, March H.-Wheit
opened firm and steady this morning, with
nttie disposition to move either way, but
with the general feeling improved over
! yesterday. Steadiness in the opening ca
Dles, lighter shipments from Argentine
ana low temperature in the Southwest
| with suggested possibilities Of a col ltr
turn, We're 1nceptiveS TO frmness. May
| opened at 73@731gc and sold up a frac-
ton. There was considerable hesitation
ABOUT selling short and the market was
! firm from pressure, nor was there In-lch
heavy buying. The experts have linlsh-
ed hgurlng out the stocks of wheat in
farmers hands @arch l, and vary only
| 100000 bu in their extremes.
The Orange Judd Farmer makes the
| quantity 182, 600 bu; the Chicago Trade
Bulletin, 1S6,000000: the Cincinnati Price
Current put it at 190,000,00o. and the Mod
| ern Miller figures. it at 1876, 100000 blu. The
| Springfield report of wheat conditions in
/ illinois puts the present standing at IS
| ana says the crop is in shape for the
season The plant is small, but otherwise
/ makes good showing and has strong
| root growth. The Modern Miller was de-
| eldedly bearish. Everything favors the
growing crops, it says, not alone IN par
| tcular sections, but over the winter
wheat area as whole.
Argentine reports via London say the
| corn crop Is doing We'll. Argentine wheat
shipments for the week were 664 200 la,
compared with 1,126,000 bu last week and
| l,24SC00 blu a year ago.
/ Primary receipts were 3S1, 900 blu, COM
pared with 52S,0Co last year, and snip
mentS 10000 bu, against go 600 bu Clear
ances, $4,000 bu. Receipts here, 1871 cars
| against 2S7, and at Duluth SO cars, again. t
Local stocks will decrease probably $780,
| 600 bu this week.
| Liverpool closed A@7sd lower
| A weakening influence were the Brad
street figures for the weeks exports TIL q
| total. was 2,905,000 bu, compared with
4,095 600 in the previous week. and 4.6y;f.-
600 bu last year. Chicago sold to a new
low point on the option at 747gc but HIN
neapolis did not go to the low point touch
ed on the decline of two weeks ago,
Which was 72Mc. The difference continues
narrowing, and Minneapolis sold today
only 2Ac under Chicago at times. May
Wneat closed at 12120l29sc, July at 1850
and September 721sc Chicago May closed
at 747sc.
.sSod demand ruled for cash wheat. vet
there was not quite so sharp a demand
as yesterday. No. 1 northern or 40. 2
! northern was in demand to arrive, but
there was little offered on that basis. The
spot No; northern selling on the early
option showed 7414c to 7415c, some very
choice going at 745gc. No. to arrive went
at 74c nat. No. northern showed
range OF re to 13c, averaging 7224c for the
spot stuff, and No. 2 to arrive sold at
72A@ 73c. No. wheat sold from Tie 10
nc, rejected and no grade ranging from
&c to 701ac
The following was the range Of prices:
Wheat Open. High Low. Fri, Thurs.
i$i; Il ii ii 81 ii s. s. T.
Il; No. hard, 1850; No. northern,
1j7sc: No. northern, 717sc; No 8 wheat.
1GEs Ql11sc; oats, 42D43c; corn, 55@57c; rye,
SS412c; barley, 52g62c; flax, $.74H; fax
futures, March, $1.7414; May 81 IA
Flour-Conditions are not quite 50 ia
Vorable in flour. Buyers have gone back
to the old policy, Of taking just enough
TO get along with and good-sized deals
orders at slight concessions, but are
aVerse to shading prices. Shipping de-
manG is brisk and buyers having orders
as yet undelivered are sending shipping
Instructions freely. The outlook. on the
whole, Is favorable, and millers expect
better demand will arise before long.
Shipments for the day were 49, 755 bbls.
First patents are quoted So $50. IS: sec
ond patents, So 1903. IS; first clears. s.. 750D
2.65; second clears, 50 Is
tiax-The market was again stronger
ana higher, and on one sale of choice No
1 seed $1.74A was paid. The basis was
charged TO lc under the Duluth Nav OBJ
ton. Demand was good and offerings
very moderate, hence the strength Not
much rejected was seen. Some screenings
came in and cars sold at $13 per ton.
Minneapolis received II cars against lis
last year, and shipped TO- Duluth re-
celved cars.
Closing prices: Minneapolis, cash,
l?4A; to arrive, 81 .7414; March, 81. ~ !,
May, S174A Duluth, cash, 81 7E:5: On
track Sl.1212; to arrive 81. 1919; May 81 rs
Corn-Ihe market was active and
steady without price change Of much in
portance- No. 3 yellow corn closed at 5GlD
BIC Receipts, Is cars; shipped 2 cars
OatS-Ihere was a good demand and an
active trade in oats. No. 8 white 90 ed
car
Feed and Meal-coarse cornmeal ard
cracked corn, $50. %; No. l feed, 81. Is: No
eQ cornmeal in cotton sacks at the rate
of $3.50 per bbl
MlllstutfS-Bran in bulk is quoted $l3 Is
Oh. % per ton; bulk shorts, $13. so; hour
m!ddlings. s15616. so; red dog, SIX. 80: feed
IN 20O-lb sacks, 81 per ton additional: in
1OO-lb sacks, 81. per ton additional. Sf1D-
ments, 1884 tons.
Rye-Fot much business was done. The
market was only steady. No. closed at
54zsc Receipts, cars; shipments l car
Barley-There was a fairly active mar
ket. The market remains quiet Fed
grades are quotable at 52@56c, and malt
ing grades, 57@63c. Receipts, cars Ship
ments, / car
Hay-Upland fancy. 81: upland choice
50 5047; No. |, $6.2506. 80; midland, Sc:
medium, S. .5Gd6: timothy. choice. S1i. rye
straw. choice, $4@450. Receipts rs tons:
shipments, Is tons.