The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-02
MINNEAPOLIS.
Closing.

MINNEAPOLIS, March 1.-The new
month started with a moderate decline
IN wheat, but with no decided change
IN general sentiment. 1t is still market
depending principally upon weather and
crop condition changes, and other mat
ters, many of them bearish are for the
{dme being ignored: Considerable
ness by traders who figured on a crop
scare of some size to raise prices on
today's market there was much hesisa-
ton on the part Of these holders. Last
SATURDAY there was decline of &c,
which was followed up on Monday by a
heavier break, and it was Tuesday before
! the liquidation that followed had fully
spent itself. Those who went home lollx on
wheat over Sunday a week ago, had rea-
son TO regret 1T, and a little fear that
history might repeat itself led to realizing
sales this morning. May sold off to 7312c
and closed at the low point The situa
ton is somewhat different at the close
! today than last Saturday Then it was
evident that the market would have to
stand some heavy statistical pressure
when the new week opened. Today tn Y
is not evident
Statistics are expected to show more ia
! VorabIy on Monday than on Monday q
week ago. There is a stronger feeling
! in coarse grains The bad weather has
| some effect to cause lighter country re-
celptS, and then there is the considera-
! tlon most important of any that a cold
er turn over Sunday may develop with
! accompanying rumors Of winter wheat
damage and consequent advances in
| prices.
Not all the weak long wheat was sold
out today, and there are a good many
long over the holiday. It looks as if
| Monday might develop an active market
with decided changes one way or the
! otner' Should any serious crop damage
| be reported, an advance is pretty certain.
but failing in this, those who bought in
anticipation will probably want 10 get
out and the market will have to stand
some pretty heavy selling.
me weather map this morning shows
GEAR Gear weather, in Kansas, Texas and
everywhere else; light SHOWS in the Da-
lkotas and Minnesota, rain or snow in
Iowa, Nebraska, Missouri Illinois, Ten
southwest has none. The temperatures
are not severe, and there is nothing sug-
geStlVe OF a cold wave.
Liverpool closed Il to I'D higher
Primary ,o receipts were $4,000 bushels
against $4,000 last year, and shipments
flour clearances-32S,0O 900 bushels. Mime
apolis received 287 cars against 2n and
DTluth had 4 against 81
Closing prices Minneapolis May 73Hc;
July 7l1sc; Chicago May 76156765ac
The cash market was active on a firm
basis. Millers We're good buyers taking
any milling wheat in sight A little No.
I northern sold to arrive. No. 2 ranged
from IN to 73c, and No. wheat from
nA472c. No grade and rejected sold we'll
Inc following was the range Of prices:
Wheat. Open. High Low. Sat. Fri
# 5$5$ :: 81 il II f. 5i ## 81:
Track-Oficiai closiflg quotations: No No.
l hard wheat, 75Ac; No. northern wheat
q 55ztc; no; -a7 northern wheat, 7207215c; No.
95c; rye 56c barley, 5l061c; flax, 81 G5;s
flax futures, February $1.65; May. 81. 661%.
tlour-Millers report conditions about
the same, and March opens with no new
mas seen little Improvement in general
tfade, but nothing very heavy The out
lcok; however, IS improved and millers
are looking for better demand to follow
Shipments for the day were l5l5 bbIs
FIRST patents are quoted at $3.S56I3 95; see
ond patents, $3.7543S5 first clears, $3.50
Z.SO; second clears $40
F1aX-There was a decidedly better mar
ket today as receipts picked up consider
ably. The price range was about Inc
same as yesterday for choice No. / and .
shade easier for ordinary Sales Of M /
We're made at $l.65A to 81. s. Rejected sold
from $l:68A to $l.64A. Minneapolis re-
c csi 81 cars, against 10 last year, and
shipped Duluth had cars.
closing prices: Minneapolis-Cash 81. IS:
to arrive, $l.65; March, $1.65; May, $16615
Duluth a e6 sash 81 81 on track, $66; to ar
Local stocks increased by 10, 333 bu, max
ing the present total in store here 1l42 584
blu.
Coma firlner market was noted in
corn No yellow closed at sac to 55c
Receipts. II cars; shipments, IA cars.
OatsIrhe market was quiet as there
higher at 43@44c. Receipts, 5 cars; ship
ments 3 cars.
Meal-Coarse cornmeaI and cracked
corn, $40. %; No. 1 feed. 81 .25; No . feed,
$22. %; No. feed, s23. 25; granulated corn
meal in cotton sacks, at the rate of 81 80
per Dbl.
Millstuffs-Millers have reduced quota
tons. Bran in bulk is quoted at S1+Dl4 Is
per ton; bulk shorts, $14@14 %; flour mid
dlings, SIS. 50I16; red dog, ST; feed in -0O-
lb sacks, 81 per ton additional; in 1O0-lb
sacks, $1.50 per ton additional. Shipments,
1880 tons.
Rye-There were cars received ana
none shipped. No closed at SEC
Barley-The market is very quiet Feed
grades are quotable at 53056c, and malt
ing grades, 57q63c. Receipts, 4 cars; ship
mentS, l car.
Hay-Upland fancy, 81 upland choice.
medium. S. SOFAS: timothy choiee ST. ~, S
straw, choice, $4q4.50. Receipts, IS tons;
shipments, Is tons