The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-26
MINNEAPOLIS.

MINNEAPOLIS, Jan. 25.-It looked for
@ few moments this morning as if there
was to be a stronger wheat market to
bearishness. Liverpool cables were up u
Qta4d. This was encouraging. But snow
was reported over the southwest and this
was pretty good offset to the cables.
AT. the close the outlook is still for weak
ness and the bearish sentiment has ap-
parently not yet spent itself BroomhaIl
estimates the worlds shipments Mon
day next at 100000 bu, of which quantity
Europe will take about 1000 600. He pre-
diets moderate increase in the quantity
of breadstuffs on passage. 1t is the ex-
peetation that the visible will make
good increase. Locally stocks gained 724,-
l08 blu, making the present total here IT,
421,1 1873 bu
Corn and oats were weak and there
was generally Shaky feeling in coarse
grains which helped depress wheat
Primary receipts were 439 600 bu, against
100000 last year, and shipments $40 600,
against 266,000 bu Minneapolis received
1874 cars against 230 last year, and Duluth
had N7 against 81.
At the close the market was weak.
With wheat. Well under 75c there is less
disposition shown to go short. There has
been no react1onary turn worth noting
since the present decline began. Some
snort wheat is out, and an upturn is like
ly to follow on anything important
enough to start covering. The heavy
traders would probably take advantage of
SCCH d luTn 10 put OUT new snort lines.
May wheat closed at 745S@7591c; July
at 76c; January 7SAc. Chicago closed
May at 7S1Bc.
The cash market was very firm and
active. 4 good part of the wheat was
sold on the early option. On all sales
prices We're relatively closer to the OPP
ton, some No. l selling at the full May
price: Sales of No. were made at 1874
to 75a4c and of No 2 Northern at "A to
743zc;. No. wheat sold at II to 73Ac.
Following was the range of prices: May
wheat, opening 75%; highest, 75M@76;
lowest loves , a4S: close clos Saturday, 749s@74A;
7 highest, III; lowest Tne3 Is: 0e eIosag
Saturday, 76 closing Friday, 76M@77. .
On Track-Ofticial closing quotations
Jan, rs: No. l hard wheat, 7614c; No. 1
wheat, 73c; No. 3 wheat. 71@711hc; oats,
42c; corn, 54a4Q55Ac; rye, 53Ac; barley,
54@62c; fax, $16612; fax features, Jan
uary, 81. 661s; May, $1.69.
Flour-The market is easier in sympa-
thy with the wheat market. There was
nc new feature to mark the closing of
the week: Trade continues about
steady with. demand only fair. 1t is
Monday, but there was no inquiry to
speak Of today. Prices as now quoted
are fairly strong.
Shipments were again light, showing
only 81, 459 bbls for the day.
First patents arc quoted SO 1908. IS; sec
ond patents, $9.55@3 .65; first clears, 81. 80;
second clears, SECS.
Flax-The market was not quite so firm
today. At the close No. / was quoted
$1.O61A but it is doubtful if any large
quantity could have been sold at the
full figure. Demand was fair and
pretty well divided among the different
classes of buyers. Elevators show the
effect of active buying by an increase
for the week of 166,601 blu, which makes
the present supply here 1,243,377 bu. Min
aeapodis received % cars, against 80 last
year, and shipped Z. Duluth had Al cars.
Closing prices: Minneapolis - Cash,
$l.6612; to arrive, 81 .661a; January, 81. 661a; ,
May, $1.69. Duluth-Cash, 81 .663z; on
track, 81 Lei; to arrive, $1.67; January,
81 ;66a4; May, $1.69.
Corn-The market was easy and slightly
lower all around. Some No. white sold
as low at 41sIc. AT the close No. white
was quoted at 42c. Receipts, q cars;
shipments, II cars.
grades. Coarse cornmeal and cracked
ccrn, $2t. 1922; No. feed, $22@22. so; No.
feed, p, 50Q22.7 No 8 feed, $23@23 IS;
graduated cornmeal in cotton sacks at
the rate of $50 per Dbl.
Millstuffs-Bran in bulk is quoted at
$17@17. so per ton: bulk shorts, SIG .50@17
our middlings. SIT ,50@1S; red dog, 1880
90 feed in 200-lb sacks, 81 per ton addi-
tional; in 1G0-lb sacks. 81. so per ton adj
ditional. Shipments, / 40 tons.
Barley-Feed grades, 54056c; mailing
grades. 57@62c. Receipts, 10 cars;
shipments, cars.
Rye-The market was lower and very
weak. No. 2 closed at 53Ac bid. Re-
eetipts, cars: shipments, 4 cars
Hay-Fhe market is easy as quoted
$7d7 .25;. No. /, $6.75@7; midland, S. 25@6 so;
medium. Sc; timothy, choice, $11@11 so;
rye straw choice, $4.5005; wheat and
cat Straw, 4.50 Receipts, 70 tons.