The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-07-17
MINNEAPOLIS.

Minneapolis-A show of strength devel-
oped IN wheat and very moderate adj
vance was made after the opening. The
market was without good support, how
ever, and acted weak after the effect Of
little early short covering had spent it
self, and the slight advance was barely
maintained. Cables, both English and
continental, were down. The weather
remains favorable except for some slight
damage reported by storms in the North
west. Receipts continue fair and in the
winter wheat markets the bulk is new
wheat. Liverpool closed 3s@5sd lower.
rms continued dropping tendency in Liv-
In America, but is influenced by general
conditions in Europe which are reported
very very favorable favorable a., Tuesday it was the Of
crop which was so very favorable as to
the depressing in Liverpool. Yesterday
It was the number of reports covering the
excellent condition. On Tuesdays dip
there was the opportunity for export
, business , and some trades We're actually
easier and American markets Fksdsp00t sligS M1y
11rmer, and export bids were again re-
ported too low. Bradstreets's report
showed decrease of 1900. 900 bu in the
worlds visible, the quantity east of the
Rockies increasing by 1,100, 900 blu, while
the quantity in Europe and afoat de-
creased 1000, 600 bu. Traders are watch
is expectation of a slight increase in the
visible on Monday against decrease of
CUO,OUU Du last year.
Wheat and flour clearances showed
$4,000 bu. Minneapolis had 159 cars.
against 128 last year; Duluth Sc, against
a.; At primary points receipts totaled
600 bu ''''O' ''s'''---'' 10
September wheat opened Mc up, at
69A @69Bc, sold to 69% @70c, dipped to
695s Q69%c and held steady December
was little firmer at 695s 6D69%c. July
about the same as Tuesday, around 100
again all around. September wheat sold
to 691sc, closing at 69A @693sc December
dipped under csc, but closed at 69Bc.
July closed at 1850. after selling down
to 1870. Twenty loads were taken at
New York for export.
The cash market was on the basis of
September for No. 2 northern, and SC
over September fol" No w1eat. This
made mad the range on the No. TIC to
onfio c the N bulk go5ng on the he, firm early
for a good part, with the range from 74Xc
to 7Shc, and the latter figure paid for
lois 81 to arrive No wheat sold at 72c
on sale. No grade sold all the way from
re down to Csc and even lower for the
The following was the range of prices;
Wheat Open. High Low. Wed Tues.
E B}s s sS&& 81 g 81 81 81 So So
On Track-Official closing Quotations
July l6 No. hard, 1850; No north
ern, 76&c; No. 2 northern, 725ac; No. 8
HWynLeat, t13sc; oats, 47@48c; corn, 61@0
63Ac; rye, See: barley, 55@67c; fax, $1.35:
fax futures. July and August, $1.35; No.
1 northwestern flax, $40.
Flour-Business is fairly satisfactory on
the whole, and sales are running to about
the daily capacity. Tuesday some for
elgn business was booked, but yesterday
foreign bids are again too low. The do
nestle trade is buying steadily and taking
a good part for prompt shipment Ship
ments for the day Were SO, 161 bbls. First
patents are quoted $4,000; second pat
ents, So. 70@3.S 80; first clears, 81. 9503, 05:
second clears, $2.40@2. so.
Daily Wheat Movement.
The fOIIouniror q ,o liz. L. -