The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-10-26
MINNEAPOLIS.

Minneapolis The local grain men came
down town expecting to find wheat a lit
tie higher. Rains and predictions of more
cloudy and rainy weather naturally made
the sentiment firm from the Northwest
point of view. When trading began there
was a disposition to try for fractfonally
higher prices, but the outside markets
were all weak and sagging and Minneap-
oils eased off after short time in sym
pathy. Corn and oats were easier,
which affected Chicago wheat slightly.
But the principal weakness there came
from the bearish reports of Friday re-
condition of winter wheat in our own
country, and over night reports had gone
out from the seaboard that the exporters
there, were doing little. Duluth export
while the Minneapolis flour business in
this mornings early orders was the
lightest for some time. Foreign markets
were easy and Liverpool was quick to
follow weakness on our side. coming sd
lower.
Kansas City wired that the tone there
eeipts on Monday California had more
export business after the close Friday
and has sold 100000 bushels in all in two
days, much of it to go to Australia PTi-
against 1,075.000 last year. and shipments
425,000 bushels, against $4,000: Mime
apolis had less wheat than last year.
562 cars against 561. but Duluth had 400
west of 902 against 829, a gain OF 73 cars.
The market dragged on the generally de-
pressing news, Minneapolis December
o. opening at 705sc and selling off to 7OH d
70Ssc.
Half way through the session the mar
ket strengthened on week end covering
and it needed only the report of clear
j ances of 1920 bushels to start December
UP over Tie. The close was firm at high
points. December 71@71Ac; May 72A@
72ssc Local stocks increased by 791, 103
hr1c| oil ma X mo ha~
here q 453 500 bushels. The cash wheat
market was not quite so active and sell
ers who had lots not fully up to grade
were complaining a little of dragging.
For the choice wheat it was a fair mar
ket. No. l northern brought. liz @72c
for the average, and No. northern aver
good part at the low figure. No. wheat
sold from 661sc to 69Ac for the extreme
range. Rejected brought &c to &c for
the best lots, and no grade sold from &c
I The following was the range OF prices:
wheat-open- High. Low. Sat. Fl.
December bay q 755s & ~ & tx tx
On Track Official closing quotations
Oct. rs: No. hard, F31sc; No. i hard to
arT northern m arrive No north M9
ern, 701sc; No. northern to arrive, 901sc;
rye, 46A G; oats. 30@33c; No = white oats,
s3@s4c: corn. 5slk@5sc; rye, 46Ac; bar
ley, 5z1poSc, Ildx. 81. a. Id4 iuluIeS, Oc-
tober 81. 141; November, 81 211z; De-
cember, 81. 211s; to arrive. s1.22.
F1our-Millers had good week up to
yesterday, when demand dropped off and
some local and nearby country milIers
reported the lightest inquiry for flour for
a month or more. Foreign business is es-
pecially hard to land, and there is more
of a general disposition shown to buy
conservatively. Mil1ers do not believe
this will last, and on the first renewal Of
strength in wheat they expect to see
many buyers come In who are now hes
itating. The local mills are so far sold
ahead that even with no heavy business
booked for time there would be grind