The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-04-18

other bull day in wheat May opened "a
Q12c higher at 725sc. and by IL o'clock
the market had worked up to 733sd7312c.
The rains reported over Iowa near the
close yesterday, did not show up on the
weather map this morning. There were
rains in Missouri, Texas and Oklahoma,
but they were very light. The forecast
was for fair and warmer weather for
Kansas, Nebraska. Illinois, Indiana, Mis-
souri, and Iowa today, and for generally
warmer weather Friday. The market
was very active and nervous, more so
than yesterday. Bull sentiment grew
somewhat over night, and there were
new buying orders in the pit at the open
ing. ChIcago and Minneapolis were indie
pendently active and subject more to 10
cal buying influences.
Chicago sold to 75c, while Minneapolis
May stuck around 73c, but later Mime
apohs May sold to 1890, with Chicago
around 744c. In this market there is
even more pronounced bullish feeling
than in the outside for the reason that
in addition to the lack of moisture south
west, which is the main influence there
IS the strong local cash situation, and a
little run of unfavorable news as to
seeding conditions in South Central Min
neSota where the soil is very dry.
All this is tempered by a feeling of
cautiousness and fear that good rains
would take the edge off all around With
out rains soon the bulls expect active
buying to continue
Some of thus mornings reports were
very bad. The trade took them with the
proper allowance, but they We're a help
TO strength. Cawker City, Kan wired
that wheat in that vicinity is in a crit-
cal condition and without good rains soon
much of it will be plowed up. Little
Rock Ark wired the same thing. Hay-
ward Of Kansas, says that the state will
not raise over 30000.00 coo bu unless condi-
lions improve very much, which requires
a good rain. The Price Current says
cool weather has been Tetarding winter
wheat growth, but that the general pros
poets are still fairly good, although there
IS insufficient moisture.
primary receipts We're 297, 600 bu, against
36l 600 bu. and Shipments 403 900 bu
against III, 900 blu. Wheat and -four clear
ances equaled 24I, 900 blu. Minneapolis re-
ceived 1873 cars, against 1So cars last wear
and Duluth had Y cars, against 81 cars.
The market eased off a little about
noon, but near the close was strong again
on new buying, and Minneapolis May
made a new high point at 73bc May
closed at 73$sc, July 745sm7434c, Septem-
Der use. Chicago May closed at 7I1$c
In the cash market there was a de-
mand Tor wheat to arrive and sales of
no. | northern and No. on that basis.
For No. l to arrive Toe was paid on some
trades and I412c on others. For No 2
northern to arrive the range was 1850
TO re. The cash market was naturally
little unsettled owing to the cratic
option. The spot wheat was cleaned up
promptly. No. sold at NE to 7212c
and no grade from Csc to 7c
The following was the range of prices:
Wheat Open High Low. Thurs. Wed
Nay ........ TX 7s% ia;s 7 7 p 1 Z
Track-OfficiaI closing quotations April
II: No. 1 hard wheat, 169sc; No I north
ern wheat, 742s@751sc; No. 2 northern
wheat, 7Szsc; No. 3 wheat. 713sg739sc
oats z3a4312c; corn, 591a@6lc; rye 5lc
barley, 54q64c; flax, $1741a; flax futures
April a.7412; May, $1.76.
Flour-Quotations are advanced again
this morning by 15c a barrel This is in
hne with the advance in wheat and the
sharp inquiry for flour. Mixers report a
good business and orders large. The do
thlc trade IS taking practically every
thlnS, and there is no foreign inquiry
worm noting AS now quoted prices arc
firm.
Shipments were moderate. the post,!
HSureS for the day showing Al Sl6 bbs
First patents are now quoted 81 O5G5l1j;
second patents, $3.95D4F5; first ei>a,s
$40; second clears. $225.
FlaX-The market was firm and steady.
with a falr business, considering the light
OHerlngs. There was some May flax Of
fered at I.l6. without sale reported I'D IN
noon, The spot No. 1 sold at 2d215c tp-
Ger duluth May, and quotations wtre
heard at $l7412@175.
Receipts, 8 cars, against last wear. ana
shipments, cars. Duluth had cars
closing prices: Minneapolis = Cash.
MI :, 4 59 arrive. sl741z; April, sl.rFs;
Duluth-Cash s1761s; on track. $780,;
to arrive, $l.7612 May, $177; September,
$l31; October, s121
COrn-The market was strong. No.
corn sold at 59Ec; No yellow closed
car
Oats-There was a strong and active
marKet; No 4 oats brought 42%c No 2
white closed al 43Q43hc. Receipts, 5 cars;
shipments, cars.
Feed and Meal-Prices are up 81 Der
ton all around High figures for corn and
oats and increased demand, owing to dry
weather are reasons for the advance
Coarse cornmeal and cracked corn. so 25.
no / feed. $2325; No. feed S2450; No
teed, 800; granulated cornmeaI in cot,
ton sacks. at the rate of $3.50 per Dbl
Mlllstufs-Another advance was made
TINS morning, and about SOC per ton add
ed all around. Increased demand from
the Southwest, where pasturage condi-
ions are poor is one reason for the ad-
vance Bran in bulk is quoted al $1275
QIS per ton: bulk shorts, $l2.750lS: flour
Tpiddltngs, $1450015; red dog $3.50: feed
IN 2OJ-lb sacks, 81 per ton additional; In
lOO-lb sacks, $3.50 per ton additional.
Shipments, 1,2l1 tons.
Rye-No closed at SIC Receipts
car; shipments, none.
Barley-Feed grades. 52657c; mailing
grades, 5l464c. Receipts, 2 cars; ship
,Hay-UpIand. fancy. $s5Oa9; upland
choice. $50; No. /, $6n7; midland s.. son
.; straw, choice S414.50. Receipts, 100
tons.
Daily Wheat Movement.