The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1902-01-07
MINNEAPOLIS.
Closing.


MINNEAPOLIS, Jan 6.-MinneapoIis
May wheat passed the soc mark today
Inc market opened strong and advanced
10 hairs breadth under soc, selling sew
eral times to 797sGD80e. Here it held. with
very .shght reaction. After noon Chicago
soia up 70 s4ssc and the local market be-
came excited, May selling to S0ssc July
sod to 81asc. In the local market and
duluth there were S36 cars compared
with 575 last year The supply increased
| 5S,929,000 bu.
Urinary reports We're 952, 600 bu against
i'VzoVVo last year, and shipments 10000
ou, against 1876 600: CIearances wheat
ana Hour equaled So, 900 bu MINNEAPOLIS
received IA cars, against 554 and Duluth
mad 81, against q.
| AFTER noon reports began coming from
tRe Southwest of alarm about winter
wheat. In districts where there has been
| no snow covering for time there is a
lack Of moisture. With these reports re-
served strength came out all around Min
| neapols May spurted to 307sc on excited
aDeQyng. At the close May was SO1bc; July,
ol72c ana January 1912. Chicago May clos
The cash market was active and strong
On On graoe wheat, with a little dragging on
the very poor lots. The trading basis was
aDout the same, at &c under Nav for
NO northern and H. to &c under for No
z. NO wheat was in fair sale at 1870
| 1 1of Ihe average, but the range was 49,
|
20 to 75c. The market was wen cleaned
up, up on everything except a few cars of
low grades
~ Wheat heat sold today at the highest price
YET touched on the present crop Mime
dp9ns May was traded in at S07kc There
was a Wild and excited market The bulls.
Iiaa some encouragement at the start
! III Lorelgn reports, the early cables from
lztJppean markets showing prices gem
orally hghe1r On this news thew bepan
! ~ -puy. wheat. A good many doui,tine
55!noiuaseS We're around who evidently
dld not propose to be carried au1av ~,
any foolishness and when Nav snId in ~
uiiuer sue they were ready to sell Con-
SIDERABLE short wheat was mt orr of
t sS94c and 1870. Then they waited for
the market to slide off. But fine rnarlre+
was not sliding. Chicago. New VII 11Je
ana 81 Louis We're all moving IN stead
ny. Just after noon MINNEAPOLIS Nav
s m3fa Nv was s back again just under SOC,
dhu tnen the early sellers began to want
their wheat back In a twjnl<Iing M
passed SOC and sold to 8G7sc July wheat
made new price record for this veay;s
d uIy option, going to S11zc
folloWlng was the range Of nr,ces.
4a... Open. High. Low. Mon dGliS Sat.
# Nv sSA ii Il. ; 3 &: e s. &;
Gurp on May wheat S05S hid
Puts on May wheat ..................e.79s z
AIS MIS- on May wheat ....................@ %
/ Curb on May wheat - Q46x
Puts on May wheat - 89ss
calls on May wheat ...........'...S 5sz
lam an q IraMe 6 closing quotations,
northern wheat, 1910; No, 3 northern
wheat, 7914@79c; No. wheat, 76077c: oats
44912g 40e4c; corn, 61Q62c; rye, 63%c: barley
54Q59c; fax. S16419; flax futures lam
airy, $1641a; May. $166
tlour-Prices are little firrcer. ahout
&c per barrel higher all around The
outlook is for a better week than last
h'9aa ouyers who were holding off have
oeen compelled to replenish, and demand
| on the whole is better AS now rnlofelf
the market is firm.
shipments for the Gay were T6. 40 bbIs
First patents are quoted S4GO4. 10. second
patents So, 90@4; first clears 81 90l13 seo-
ond clears, 81. %. -
sFiax-The market was active and high
start 'o %da buying was felt from the
start; mere was an especially good de-
mand for No. seed to arrive. ReIected
70 arrive was also salable al firm nrices
| S5dushers were the best buyers, with ele-
e eSfl dGtlve also. No. sold at $1.631bT
1.eo12; Rejected at s1.63, and a few cars
as nigh as Sligo. Minneapolis received
=. ears, against Is, and shipped IA. Du
! iuth had II.
.641z; to arrive, $1.641a; January. 81 81 ail,
May, $l;66 Duluth-Cash, 81. 64s4: on
u eeI[, $i;b4; to arrive, $1.65; January.
$l.623@; May, $1.66A !
| NC market was active. No grade
was on sale at 59G59Ac At the close
NO. yellow was higher at &c. Re
celpts, 81 cars; shipments, q cars
Oats-Ihere was a fair trade No Z
I @hlte closed hrmer at 45A @45%c. Receints
| Is cars; shipments, IS cars. 80
I MlllstuHS-PriceS are lower all around
| Demand Is fair, but the market IacISa
the extreme activity noted of late. Bran
IN bulk is quoted $3.50; bulk shorts
S6.9Oql7: flour middlings. $l801S. So: red
| dog. $3.50; feed in 20-lb seeks 81 ner tan
| additional. Shipments, 151O tons
/ reed and Meal-The market is o1,iet
| ana easy as quoted, Coarse cornmeaI
and cracked corn, $2S %; No. 1 feed s24.
No 2 feed, $24.5o; No. 3 feed, SIS: gram,
lated cornmeal in cotton sacks at the
| rate of 1926 per Dbl o. liie
Rye-The market was ffrmer and high
er NO; sold to $3.50; No. 2 closed sa+
eSs4c bid. Receipts, cars; shipments.
Barley-Feed grades, 55@57c; mailing
1 graaes, % goose Receipts. Is cars; ship
tHay-Upland, fancy. sS@8. Is; upland.
choice, S4g7 upland, No. /. S7a7. so:
nlloiand, 81 medium, $3.50: timothy
choice, $11Q1150; rye straw, choice "a ~
.; wheat and eat- straw, 81 so; receipts "a
State Grain Inspection.
i