The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-04-05

hating mood today to noon, showing oc-
casional small rallies on buying turns,
but falling back again after every little
gain. May opened at 695sQ69Ac, reached
IO1sc, and held between these points. The
news was again bearish in the main, with
much emphasis again put on the winter
wheat promise, and a tendency shown TO
i i mere everything else. Liverpool was
after time, but the local market follow
ed with hesitation.
Following the run Of crop reports Of
yesterday came a very bearish report
from Snow. Kansas, he says, is up to at
least so in condition, While the acreage
for the state is larger than last year The
Ohio crop report puts that state as show
ing condition of IA, compared with CO
Argentine shipments were ], 160 900 bu for
the week, compared with $4,000 bu last
week and 0C0 bu year ago. London
cabled that the latest adVices are of IA
vorable conditions in general in Argentina
Receipts at primary points were 299 900
and shipments 337 900 blu, with no COM
parison against holiday last year. Clear
ances of wheat and fcdr amounted to
556,000 blu. Minneapolis had 176 ears,
against 1873 last year, and Duluth 40.
against $50. Local stocks have been
drawn upon heavily this week, and the in
dicationS are for decrease of 100000 bu
or more
The Modern Miller report was bearish,
although tempered a little by a closing
paCaSrapn ABOUT farmers holding wheat,
and light cash offerings The market turn
ed very weak after noon, and broke al
most a cent from the top, but did not
make a new low point hating at the
same point as on the last decline, or
69hc. Minneapolis May closed at $3.50;
July at 7O12c and September at CSC. Chi
cago May closed at 707sc.
Strength ruled again in the cash mar
everything in sight Millers cleaned up
the tables of the most desirable lots on
one round, and drew again on terminals
to fill out requirements. In consequence
of the active demand and light receipts,
the premium was a fraction higher. For
No. l the trading basis was 112c over May
while for No. northern full May price
was paid on everything, and 12c over
sold at 1d1Rc under May for the most
desirable lots Rejected and no grade
were in good demand
The following was the range of prices;
Wheat open, High. Low. Fri. Thurs.
May $500. 49,. $685. 7O%H 65H SS5s e97s-7o
July -: 7024-75 714-ss 7O7s ..7o34 n l-lG
4; No, l hard, 73Bc; No. northern, 705s[g
711sc; No northern, 69$s0693sc; No. 3
wheat, 677s@6S2sc; oats, 4dA12c; corn,
54@57c; rye 52Ac; barley s. 0246lc =, max l9IE
Fiour-Demand was a little better at
the start today but there was not quite
so good an export inquiry. Business on
the whole continues satisfactory. Millers
are holding firm at unchanged quota
Shipments. 4S.s2O bbls.
First patents are quoted So. 1903 IS; sec
ond patents, SO. 6503.75; first clears, 81 $50
2 .95; second clears. 81 1902 %.
F'lax-The market was tirmer. following
firmer tone in the option, and there
One trade was made In Minneapolis May
at $40 The spot market was on a
basis of 1c to 112c under Duluth. Sales
Of spot No. l were made at Sl.10l2 and
spot rejected sold at STA
Minneapolis received Z cars, against IS
last year, and shipped II. Duluth had 4
cars.
Closing prices: Minneapolis. cash S1.75:
to arrive, $.75; April. $175; May, T.751z;
Duluth, cash. S.74; OH track $1.74; to ar
rive, STA; May, $1.75; September, $l3612;
October, $3.50.
Corn-Not much was done in corn. No.
8 yellow closed at 55G57c. Receipt, ?
cars; shipments, 6 cars.
Oats-The only trading reported was IN
some no grade at 40c. No. 3 white closed
at 4012Q4hc. Receipts, cars; shipments,
4 cars.
Feed and Meal-Coarse cornmeal and
cracked corn, $50; No. feed, s21; No. 2
feed. $22; No. feed, $23; granulated corn
meal in cotton sacks at the rate Of 81 80
per bbl
Millstuffs-Br in bulk is quoted at
$12 per ton; bulk shorts, $l2; flour mid
dlings, $14; red dog, SIS. 75G16; feed in 200
lb sacks. 81 per ton additional; in 1OO-lb
sacks, $50 per ton additional. Ship
ments, 1,731 tons
Barley-Feed grades. 52G57c; mailing
grades, 57Q64c Receipts, l car; ship
ments, cars.
Rye-No. 2 closed at Sc Receipts,
none; shipments, none.
Hay-Upland fancy, $7@7.5O; upland,
choice, 81; No. l. $6.5007; midland, $50
625; medium, s.. 1906; timothy. choice 81;
rye straw, choice $4Q4.5O. Receipts, 20
tons.
S.4. Ct. r.4x