The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1905-01-26
MARKET STRONG And
HALF CENT HIGHER
Cash Demand Everywhere
Shows Much Improvement
Receipts Lighter

Minneapolis Chamber of Commerce, JAM
25---Todays market was the narrowest
Tor some time with less disposition by
traders to enter into new contracts The
sentiment is so mixed that traders are
cautious about getting far from shore
The congested condition of the market
lenass 10 Keep them within bounds es-
peeially the bears The Liverpool market
is again strong and higher, but not enough
TO reject any uneaSiness over the Russian
political situation, but their continued adj
tends to the belief that they are not salts
ned oyer the prospects of securing all the
wheat they will want
Inc market opened strong and "A 0akc
higher on the better Liverpool markets
and smaller receipts than has been the
rule for some little time past. The
s 81, cash demand was a great help to
the bulls today. Both local and outside
miiIers We're In the market and the better
CLASS OF wheat was readily taken at better
prices than for the day before, No. l
as compared with &c under the day be-
Tore No. northern was up about half a
cent; Snorts We're fair buyers early in the
session and ran the market up half a cent
within few minutes. AS soon as this
demand was supplied the market became
very dull and gradually sagged back to
me opening figure with a slight rally just
DeIore the close. Trade was light and
mainly confined to scalping operations
Inc large operators were not prominent
IN todayS dealings
~.
yarlously estimated at 1000 to 300 900
parrels, the bulk of which has been con-
nEnaed and the flour market was very
strong. A message from ST. Louis says:
"A year ago the stock of No 2 red win
ter Contract grade) here was almost
100000 Blu, and by May it had virtually
only $4,000 blu No. 2 red winter and
5o.0oO blu was taken for shipment yester-
May wheat opened strong and A@ssc
higher at S1-14A sold OF Ell Az "a r.,
5 $1l47s @s4, reacted to S1.14A and closed
at sIl41a July opened at s1.11%, sold at
Sl.llA, rallied to s1.12A, sold back to
Minneapolis stock increased $50, 600 bu
f Tor four days Receipts; 297 cars includ-
Duluth 2 against 90, Chicago IS against. is,
Kansas City 81 and st. Louis 49, 900 bu.
Slearances OF wheat and flour, $4,000 blu.
Urinary receipts, $40, 600 Blu against 507, 600
against $4,000 bur last year.
Liverpool wheat closed N@kd higher,
London. Antwerp and Berlin unchanged:
centimes lower. -four 10@15 confines
Winnipeg message said there was a
general demand for wheat from mllers
and that in some parts of Manitoba there
was scarcity of wheat to supply country
mills; this condition of things said to ex-.
ist ON the Neepawa branch of the Cana
Chfcag o-Nicollet of Kansas. city. in a
message predicted that the movement of
wheat from Kansas was practically over
for the present and said that fully half of
current arrivals there were from Ne.
braska.
Broomhall-Wheat = The opening was
quiet and unchanged, but later a strong
undertone- developed with advance of IL
IN March, SD in May and I'D in July, the
factors being lower estimates of the Aus
tralian exportable wheat surplus and ad-
vices speaking of the poor quality of at
least part of the crop, together with a
good demand for Argentine wheat parcels,
with active buying Corn-Both months
opened sd lower, with a further loss of
1sd IN January, owing to liberal tenders
on contracts and large arrivals at this
port March was firmer gaining I'D in
sympathy with wheat.
The weather map shows temperatures
much lower than yesterday. The country
is in the grasp of a cold wave. In the
Northwest it is 16 to, 26 below in many
places. In the Southwest and middle
from to 81 below. There is little scat
tered precipitation. but it is not impor-
tant. Ia the Northwest Bismarck regis
tiers "a below and Huron 26 below; Moor
head &c below. In Nebraska ID to 18 be-
low; in Iowa II below at Des Moines;
Missouri ranges 40 below and Kansas to
2 below In Canada the lowest is at
Winnipeg Oklahoma is below.
Forecast-IllinoiS, Indiana, Wisconsin,:
Fair tonight and Thursday, continued cold.
Missouri. Minnesota. Iowa: Fair tonight,
snow furries thursday. Michigan, Kan
sas: Snow tonight and Thursday. India
cations are for generally fair weather
over the greate- portion of this forecast
district. Temperatures will fall again in