The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-03-23
MINNEAPOLIS.

MINNEAPOLIS, March 22-The grain
markets were demOralized today De
chnes were made all through. NOtwith~
standing the steady drop during the week
and the fact that reaction was thought
to be in order wheat was weaker than
ever this morning opening Off 9sgi2c.
At the close today 7Minnea polls May sold
down TO zoe. and on the curb after the
close traders were Offering wheat at $3.50
NO one paid any attention to the ordi-
nary news and gossip this morning. 1t
was only a question whether the hquida-
ton was to continue or whether it could
be even temporarily checked. In the
Northwest ii was the feeling that the
market should react a little but it was
only here that this feeling maintained
Chicago was hopelessly weak and st.
Louis led all the markets in this re-
spect.
Liverpool was 2s62.d lower and on corn
said lower. The forecast was for show
ers again tonight and reports from Kan
sas said very beneficial rains had again
fallen In the center of the wheat area.
Clearances for the day were $4,000 bu.
Primary receipts were 4i7 900 blu. against
$4,000 last year, and shipments 25l ,0G0 bu,
against $4,000 Minneapolis received 195
cars, against 31S last year and Duluth
had ~ against 10. Local stocks de-
creased by 425.79S blu, making the present
total here Il, 295. 935 blu.
Australian shipments for the week were
32l 600 bu. compared with 2SS 900 last week
and 49S. 0CO a year ago
The cash market was unsettled In con-
sequence of the varying option. Most OF
the No. l sold early and 17sc was about
an average price. No. northern had
range from 701sd70ssc. the bulk going at
7Ghc. No. wheat sold from sc to 6914c,
ana rejected and no grade from 65c to
Sc.
The following was the range Of prices:
Wheat Open High Low FRI Sat,
May 49,. -. 7o7; 7oi. 10 20 70 ~ ~
Track-Official closing quotations March
ern wheat, O&q1Ac; No. 2 northern
wheat, 6914d69i2c; No. 3 wheat, 67446Slac;
cats 5s12Q40c; corn, 53655c; rye. 53tzc;
barley. 52Q62c; fax. s1,7412 flax futures,
March, $l.74l2; May, 81 az
F'lour-The decline in wheat has put
mlllers on a new basis and they are now
able to get business from abroad which
was understandable before. The week has
been the best for sales for some time
and the outlook is for more good orders
to come. Prices are a little lower to-
day
Shipments for the day were 65O47 bbls.
FIRST patents are quoted So. 7043. rs; sec
ond patents, 81. 55G3 90; first clears, s.. 40
Q2.56; second clears, 81 20.
FlaX-The market held firm and showed
no special new feature. Receipts We're
very hght and there was good demand.
No. l sold at $1.H
COrn-As was to be expected, the corn
market was weak and lower following
the option. There was, however, a good
lively trade. No grade sold at $3.50 and
No. at 53G5312c. At the close No vel
low was quoted 54Q55c. Receipts, II cars;
shipments, cars
Oats-Oats were also weaker and lower.
but there was a good business done on
the drop. No. 3 white closed at 391564oc.
Receipts. 16 cars; shipments. cars.
Feed and Meal-The market is lower
and prices are reduced by sc Coarse
cornmeal and cracked corn, $40; No. /
feed, 81; No. feed, %; No feed, s23;
graduated cOrnmeal in cotton sacks. at
the rate of s.. 80 per Dbl.
MlIlstuftS-The market is easy as quot
ed: Bran in bulk is quoted Sl2 per ton.
bulk shorts, $l3; flour middlings. S15: red
dog, SIG; feed in 200-lb sacks, 81 per ton
additional; in 100 10 sacks. 81 80 Der ton
additional. Shipments, ,4l2 tons
Bariey-F'eed grades are quotabIe at 520
S6c, and mailing grades, 57Q63c Receipts,
cars; shipments, cars
Rye-One car Of No. brought SIC. The
market was weak. No closed at 5SI5c.
Receipts none; shipments, 2 cars.
Hay-Prices are only steady as 1uoteI
Upland fancy. $1G7.50 upland choice S. 20
nf3; No. l, $3.50; midland. seas . me-
dunn, $o.7506; timothy, choice. SlIGlI 20.
rye straw, choice, s4d4.50. Receipts I65
TONS shipments, II tons.