The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-24
MINNEAPOLIS.

MINNEAPOLI Jan. 23.-Wheat start
ed under pressure this morning. with the
news items and gossip generally bear
iSh. May opened off by 1ac and broke 10
75c. Everything seems against the price
at present and beaTish talk is about all
that is heard. Cudahy, of Chicago, is out
as an all-around bear. He offers the opin-
ion that the corn crop damage is more
than fully represented in the present
price basis. and says he expects Teac-
tionS in corn, with sympathetic effect IN
wheat Kansas City. wires that there is
more corn being offered there and that
the demand has fallen off. Manitoba
wheat continues pressing the market. Re
itoba wheat laid down in Buffalo, which
We're hedgeds against just under Soc IN
Chicago. While these conditions main
tain it will be hard to work up the bull
enthusiasm.
Primary receipts were 414,000 bu, COM
pared with 81 COO blu last year. and ship
ments were 10000 bu. against 264, 600 bu.
Wheat and flour clearanceS equaled 574,f09
bu Minneapolis received III cars, against
1872 ears last year, and Duluth had l+S
cars, against Is cars. Local stocks are
gaining daily at q rate to indicate 900,d0
bu increase for the week if continued.
The market closed quiet and, fairly
steady. May at 763s@761zc. July wheat
closed at 763Ic and January at 75c. Chi
cago closed May at 791s079Ac.
The cash market was bare of good mill
else was pretty well cleaned up also.
Millers bought No. northern at, 55c I'M
der May for choice. No. northern was
frTner, selling at 11zc under Mayor a
good part. On No. 8 wheat the range was
7f14@7z1ac, a good part going at 7112c. Re
jected sold from CSC to 711sc+ and no grade
from Csc to. 69c for the best lots.
2 Following was the range of prices:
-, Wheat--January, closing Thursday 75c /;
closing Wednesday, 75c. -e-%
:. May, opening, 1880; highest, 751@c: low
est, 75c; closing Thursday, 75 ?@7514c;
closing Wednesday, 753sc, -o-..,.
est, 76A@76ssc; =. closing Thursday, 76s4c;
closing Wednesday, 77tsQ77Ac.
On Track-No. / hard, Tic; No. north
ern, 7434e Nc 2 no. therE. 73@1S14e; No.
No. / fiaxs So; No. g yellow corn,
56Ac.
No. 3 white oats, 431zc: No. 2 rye. t5e,
Barley, 54c to &c.
crate. but with a fair business in low
grades for export the total sales are fair
ly satisfactory. Prices have not eased
quite as much as cash wheat, but the
declines in milistuffs operate to hold flour
relatively firm.
Shipments were 42, 4S6 bbis for the day.
First patents are quoted So. S50395 see
ond patents. So. 65@3. rs. first clears, 81. 4,
second clears, s. 10.
Flax Offerings were light, OF the total
receipts a good part went for delivery
on previous sales to arrive, leaving
about 10 cars on sale. Demand was only
fair but light offerings helped hold the
market. No. / sold on the average nc
over yesterday, bringing $f.6112, some go
ing at S1.67. Rejected sold around ST. 65la,
hut on poor lots as low as $1.64 was paid.
Minneapolis received q cars, against z
last year, and shipped I. Duluth had q
cars.
Closing prices: Minneapolis-Ca $l.67:
to arrive, $l:67: January. $l,67: May, $!.6a
$1.67; January, 81 66a4; May, 81 .e9tzc.
Corn-The general tendency was easier.
No. sold at sec and at 55c. No grade
brought 5419@55c, some choice no grade
going at SIC. No. 3 yellow corn closed at
$3.50. Receipts, q cars; shipments, &c cars.
OatS-The market was weak, lower and
very draggy. No. 3 white sold at 4S12c,
and UP to 45c for a ear. but the most Of
the sales were at the low prices. No 3
white closed at 431hc. Receipts, Is cars;
shipments, II cars
Feed and MeaI-MarIet is a little easier
as quoted. Coarse cornneal and cracked
feed, $22. 75623; No. 3 feed, $23 .25@23. 50;
granulated cornmeal in cotton sacks at
the rate of $3.50 81 Dbl
Millstuffs-The market is weaker. Mill
ers are holding quotations, but the fig
ures quoted are the outside. Bran in bulk
is quoted at s17G17. 50 per ton; bulk shorts
SIC. 50Q17 -four EZfddlingS, SIT .5G0D1S: red
dog $19 5000 feed in 2G0-lb sacks 81 per
ton additional; in 100-lb sacks, $3.50 per
ton additional, Shipments, 1,464 tons
Barley-Feed grades 54G56c; mailing
grades, 57962c. Receipts, 5 cars; ship
ments, cars.
Rye-The market was a trifie easier at
the close. No 2 closed at soc bid. Receipts
none; shipments, / car.
Hay-The market is lower all around
Upland, fancy, s7.59G8; upland, choice
S.. 50G7 No. /, $6.75@7; midland, So
medium, Sc; timothy, choice, $40 .50011 %
rye straw. choice, 81. 5005; wheat and oat
straw, $3.50 Receipts, 1872 tons.
Stnte Grain Tusuecf:ou