The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-01-06
PRICES RANGE
WITHIN ONE CENT
Small scaIpina Market = May
Unchanged, July 15c to &c
Lower

Minneapolis Chamber OF ComIneiSe,
Ian. 5@There was very little in the news
this morning to affect wheat prices. LlV-
erpool showed a slight reactionary UNDER
tone, the Price Current report was some,
what bearish, receipts We're light at an
points and the cash demand strong. Trade
was on the whole quiet. There were spells
of excitement and activity from time 10
time, but they did not last long; Inc
bears were afraid to go short, while the
bulls were in about the same pQSltlon re-
garding the long side of the market.
= The market for the May option is more
congested than in the July option, the
scalpers being more inclined to sell the
latter than the former. The undertone
continues strong, but there is not leader
for the bulls to take advantage OF the
news that is coming in to help them. IL
is every man for himself and do your own
guessing. There was little demand at
~ firIner prices to start with. For little
while it looked as though there would be
a little setback, but few buying orders
for May and $1.14A. This advance was
enough to get in a few shorts, and the de-
mand Stacking up prices soon took the
downward trend, selling slightly below
yesterdays closing figures with frac-
tional recovery just before the close
May wheat opened at 81. 1875, Sold at
and closed, at s1.1sA. July. opened at
$1.1SA, sold at S1.13 Is, rallied to $1.14A,
broke to $1135s and closed at $1.135s.
Minneapolis stocks decreased yesterday
five days of 175,000 bushels. Receipts, 296
cars, including SO Canadian against 317
year ago. Duluth IS against SO, Chicago II
against II, Kansas City 156 and st. Louis
$1,000 bushels. Northwestern interior ele-
xator stocks decreased 10000 bushels for
the en- month OF DECEMBER &c aad Clearances of
receipts $4,000 bushels against 654, 900
bushels against 3O5, 600 bushels.
Liverpool wheat closed Il ID lower Lon
unchanged 10 hi 10Th P116
pest 21sc lower, Paris wheat and flour
firm and 10 confines higher
.Y a Seattle, WASH. correspondent says Is:
bushels of wheat have gone East. Millers
say that there will be enough wheat on
the Northern Pacific coast until next har
ported The price is, however, likely to
Keep above the shipping point. There
will this season be no wheat for the fleet
E Of British .millers that used to load on
this coast throughout the fall and winter
"A southwestern special says: There is
plenty of demand in the Southwest for
: even more. The mills here have not
nearly enough wheat to go through the
season with. and combine with this the
demand from the mills in Minneapolis and
the SITUATION becomes very strong.
Price Current-Unimportan changes in
the crop situation. Wheat plant in better
. position posi- on than tIlaI month ago. averaging
marketing. Fair corn movement but hold
ers maintain firm views Week packing
at Western centers 100000 hogs against
Z $4,000 year ago.
London-English country markets firm at
1ull prices, owing to scarcity. French
country markets firm. Wheat off coast
Chicago Cash Business Moderate buy
ing by millers was again the rule in the
local market Wednesday. Sales were IT,
lots. Prices were about steady. No red
quoted at 81 IL. No. red at 81. IL to 81. 16,
8 No. 2 hard at 81 Is to 1.16 No. 8 hard al
y 0S to 81: IL, No northern at 81 Is to
20, No. northern at 81 10 to 81 IL.
AT ST. Louis No. red in store was
$1-17%. &c higher, and at Kansas CITY
No. hard sold from 81 OF to 81 90 f. O. b.
Export and domestic demand for corr
was quieter. sales 100000 blu, of which
$4,000 bu was No. 3 yellow and the rest
No. 3, part to go via the gulf. Sales OF
oats were $4,000 bu.
Weather--Extreme north and northwest
low to is above. local SHOWS. Northwest
generally cloudy and lower temperatures
to 26 above, general SHOWS in Minnesota
and North Dakota, local in South, Dakota
West and southwest, partly cloudy % tt
30 above, SHOWS Northern Illinois anl
Eastern Iowa. Ohio valley partly cloudy
% to SO above
Forecast-nlinois, Indiana. Minnesota
Cloudy tonight and Friday, with light snow
fiurries. Missouri, Dakotas, Nebraska
Kansas, Montana-Fair tonight and Fri
day. Lower and Upper Michigan Wis
consin-Snow tonight and Friday. Iowa
Fair tonight and Friday, except snow fur.
ries in part.