The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-16
MINNEAPOLIS.
CloSing.

Jan. l0.-1nef6 was a
very quiet and subdued feeling in the
local grain market at the start this
morning After the break of yesterday
ana the Phillips incident, there was a de-
ness and hesitation. Trading was light
The uncovering of the fact of so heavy
a long line in Chicago carried on slender
margin, scared the smaller traders and
all the gossip was depressing, and it
looked for a time as if the whole trade
mad turned bearish. Yet there was less
Short selling than would ordinarily be
pnas1s was put upon the winter wheat
situation. Nothing Is the matter with
winter wheat. 1t has, however, been
clear and dry over the Southwest. and
should there be no precipitation to the
end of this week, no doubt a scare would
be in fair way to develop.
Minneapolis opened at TIC, sold to 77A
Cg77Ac, and broke to 7612G765sc. At noon
the market was quiet around 761Ac FOR
May and 7773@77asc for July. Chicago wiz
ed that Manitoba wheat is pressing there
Tor sale at 4@5c under the ruling figures
for No. Northern, and that the buyer
may take 1t either c. |. t. Buffalo or on
vessel at Montreal The report says there
is 600 blu of this Manitoba wheat for
sale; Liverpoo4 opened Ad up, but weak
ened, closing 1s@Ac lower.
Primary receipts were 49S, 900 bu,
against $4,000 last year, and shipments
100000, against 900 bu. Wheat and
u
received 355 cars, against 279 last year,
and Duluth 80, against 40.
The market was weaker after noon,
selling sci ing, to 7649776Ac for May, and to
end closed May firmer at 763s@7612c and
July at 77ssQ771kc
Cash, wheat sold better today all
through and prices were a little closer
together than yesterday. The low grades
Were not so draggy and at the close the
market was about cleaned up. No l
Northern sold at %c under May for the
average. With the declining option the
early sellers Jared better, and some of
the No. 3 and lower grades sold later
Were at considerably lower prices NO.
l Northern sold principally at 761s@T65ac.
No. 2 sold from 74114c to 75c, No. 8 showed
the widest range at 7312c for an early
trade in choice to TIC for sales of ordin-
airy at the low point of the option. Re-
iected and no grade ranged from 65c to
73c.
Following was the range of prices
Wednesday:
Closing.
My Nay + + H. s. 81 s; IS IS:
On Tracck-of1cial closing quotations
ern, 7534c; No. 2 Northern, 1875 to 741Sc;
No. 8 wheat 71B to 725sc; oats, 44c; corn
81 to SIC; rye, 551zc; barley, 81 to &c: fax,
Sissy; fax features, January $.65@,
FloAr-The market reflects better gem
e1al feeling on the part of buyers and
orders are larger. Sales this morning
were increased somewhat over yester-
day and fair part of the inquiry was
for low grades for foreign account
Shipments for the day were 50, AS bbls.
First patents are quotable at $3.90G4;
second patents, So. 1908. 80; first clears,
81 1908; second clears, Is.
F1ax-There was an active, steady mar
ket for flax, with demand satisfactory.
The price range shows some low figures.
for the reason that there were a good
many parts of cars and small sack lots
offered, and such lots did not bring the
full market In any case: For straight
cars of No. 1 Seed 81 .6615 was obtain
able. and S1.67 for anything choice. Re
jected held at $1.64G11. 6515, according to
quality. Minneapolis received SO cars.
against ID last year, and shipped 20 cars.
Closing prices: Minneapolis, cash.
81 .651a; to arrive, 81 651a January, 81. 651s;
MAY. H.6S. Duluth, cash, 81 S. on track.
81 6512; to arrive, $.6512; January, $1.65;
May, 81. Sly.
), Cern-The market was weak at times
ard on some trades decidedly lower. No.
sold at 561ac. No grade sold at 5614c
No. 3 yellow closed at 5Sc bid. Receipts,
u cars; shipments, cars
OatS-No. 3 white oats sold at 45c Cor
some lots. No. 8 brought 44A@44Ac.
There was fair demand. No. white
closed at 44c bid. Receipts, 9 cars; ship
ments, cars.
Feed and Meal-The market is fairly
steady as quoted Coarse cornmeal and
cracked corn, S22 so; No. 1 feed, $23; No
feed, So. IS; No. feed, $24: graduated
cefBmeal in cotton sacks at the rate of
$3.50 per bbls.
Millstuffs-There is fair demand from
the Southwest; market is steady. Bran
in bulk Is quoted S18@18-25; bulk sncSG&
Sls.25; flour middlings, $1S.75; red dog.
$20.50; feed in 200-lb sacks, 81 per ton
additional; in 1G0-lb sacks, s1.50 per ton
additional. Shipments, 1858 tons.
T5arley-Feed grades, 54@56c; mailing
grades, -57@62c. Receipts, cars; ship
mentS, cars.
Rye-There was very little done in rye.
Receipts were nothing, and trade was
dull in consequence. No. 2 closed at 5614c,
against yesterdays closing price of 5614C
bid. Receipts, none; shipments, cars.
Hay-Upland, fancy, s80S.25; upland,
choice. $@7.50; upland, No. /, s7QI.50;
midland. 81 medium, $3.50: timothy.
choice, $11@11. so; rye straw, choice, 81. so
@5; wheat and oat straw, $3.50 Receipts,
Sc tons.
State Grain Inspection.