The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-15
MINNEAPOLIS.

MINNEAPOLIS, Jan. A.-Wheat was
off nearly cent this morning before
trading even began. On the curb May
was offered at 1880, against yesterday
close of 773sc. After two days of sharp
declines some reaction was expected, but
was not forthcoming.
Some very heavy lines of long stuff
have been forced on the market during
the past few days. Phillips, the undaunt
3D. is back in the public eye, and Is
again in trouble, If reports are reliable.
Chicago wired that Phillips long line
comprised eco bu wheat, 100000 corn,
100000 blu oats and 100000 bu rye,
total Of 100000 blu OF long stuff. Most
of this, the Chicago adviees say, has been
HQuidated.
There was lack of export business on
the break. New York reported 100 loads
being shipped and on this and more short
covering the market moved back to just
at 76SQ77c; July, 777sc; January, 75%c.
Chicago closed May at S1@81sc.
Sellers of low grades had a hard time
of it in the cash market. The good
milling wheat sold satisfactorily, but
there has been some low grade stuff car
ried over for a day or two, and offerings
We're unusually liberal today. No. l
Northern sold at about &c under May,
wider range at 73c to 7112c, a good part,
going at the low figure. Rejected and
no grade sold from CSC to Tic.
Primary receipts were $50 900 bu, against
$4,000 bu last year. Wheat and -four
clearances equaled SIG, Gal bu. Minneapolis
receipts were 386 cars, against 317 last
year, and Duluth had Is cars against 80.
Following was the range of prices:
Wheat Open. High. Low. Close.
M &I1y; ..:......:...5si& &. z 81 5s$oH
On Track-official closing quotations
Jan. IA: No. hard, 7Sc; No. / Northern,
757sc; No. 2 Northern, 74Q745sc; No. 3,
72Ss@739sc; oats. 44a4Q45c; corn, 57a4@5934c; :
rye, 5614c; barley, 54@62c flax, S1.67; fax
futures January, $1.67; May, $1.6913
Flour-Mlllers report a generally i'm
proved market by comparison with the
past few days. After the break in wheat
and corresp onding lower -four prices
there is more disposition to buy than
was the case at the higher range. For
eign inquiry Is better and some foreign
orders were booked this morning.
Shipments are light. somewhat below
normal, showing only 1926 bbls for the
day.
First patents are quoted a little lower
at So. SO44; second patents, IS. SOq3:so first
clears, s.. 9G@3; second clears, $2.15.
FlaX-Flax was about the only thing
on the list today that showed strength.
Oil men were buyers of seed, and all
offerings were readily disposed OF. Some
trades were made 2Q212c over yesterday S
closing bid, and this stronger feeling was
shown not only in good No. 1 seed, but
in rejected and no grade as well. Trades
$16215 No. 1 sold at $1.66Q1. 6612, and a
lew choice cars up to $1.67 Receipts
were 80 cars, against % last year, and
shipments Z cars Duluth had 90 cars.
$1.67; to arrive, s1.67; January, $1.67; May,
s1.691A. Duluth-Cash, $1.6711; on track,
$l.6S; to arrive, $1.6S; January, S.6712;
Corn-The cora market was decidedly
weak and lower. No. sold at 5Sc. No.
( at 5jQ5612c. No yellow brought 59c
Some no grade brought 56Ac. Prices
were wide in some cases, and the market
at 58AQ5SAc. Receipts, q cars; ship
ments, 8 cars.
Oats-Oats were also easier No 8
white sold at 4412c for some. No. 3, at
white were quoted 44a4945c. Receipts,
cars; shipments, cars.
Feed and Meal-Further declines were
made today, and the market is now
cracked corn, $3.50; No. feel, &2}: No.
feed $3.50; No. feed, $24; graduated
cornmeal in cotton sacks, at the rate Of
$2.85 per Dbl.
Millstuffs- There is a fair demand from
the Southwest; market is steady. Bran
in bulk is quoted SIT. 5G0I9; bulk shorts,
SIS; -four middllngs, $3.50; red dog, s20Q
1850; feed in 20-lb sacks, per ton adj
ditional; in 1oo-lb sacks. $50 per ton ad-
ditional. Shipments, 1911 tons
Barley-Feed grades, 54@15c; mailing
grades, 5lQ6zc. Receipts, 10 cars; ship
ments, 5 cars.
Rye-Rye had a severe break and sold
off by 31zc in some cases. No. 2 brought
SIC on two trades. No. 2 closed at 5614c,
against yesterdays closing price of 60c
bid; RECEIPTS, cars; shipments, cars.
Hay-Upland, fancy, S8@8.25; upland,
choice, S@7.50; upland, No. l, $7Q7.50;
midland, 81; medium, $3.50; timothy,
choice, $l1Ql1.5O; rye straw, choice, $3.50
as; wheat, $4.50 Receipts, 100 tons