The Saint Paul globe., 1905-01-09
CLOSING WHEAT QUOTATIONS At LEADING MARKETS

nesota, 45 per cent in South Dakota and
"a per cent in North Dakota. The crop
mas been marketed much faster this year
'e.an IN y, usual, owing. partly. to the quality
OF the crop, but mostly to the high prices
and the exceptionally fine weather for the
marketing of grain.
During the past six years the average
movement from Sept. l to Dec / was
45.l per cent of the total crop movement
Tor the year. During the past three
years. however. the per cent of move
ment menu mas been heavier during the fall
the average for the past three years be-
ing ing 54.2 per cent of the years movement
rms year practically 20 per cent of the
cr9p tga Of 1904 was moved by Dec. 1.
where in this issue, in tabulated form,
show that in Minnesota 444 per cent of
the amount of wheat left in farmers
nands no o. on L Dec. l, was estimated to grade
hand to be very light weight and weigh
ing under 45 lbs. This would make the
amount of wheat left weighing between
40 and "a lbs, 1877 per cent. In North
Dakota the percentage of No. 3 or better,
IS 42.6, and the amount weighing 45 lbs.
per cent Of the whole. This would give
4s.4. In South Dakota, the No. 8 or better
is given at 29.6 and wheat under As lbs
at I9.4. The remaining 81 per cent esti-
mated to go between 45 and Sd lbs.
Farmers generally are not inclined to
seH excepting in a small way.
trader from New York III close touch
Win the big men there says that the bull
bought and is scalping in one million
pushelS a day.. On all sharp breaks be-
low $l.l5 they buy one million bushels.
For the present they do not want big
advance or runaway market
During the past five years the bears
nave allowed discounts equaling 80 cents
per year to keep Short of wheat." says O.
W. Clapp, and in the meantime prices
are averaging 80 or 40 cents higher than
When they began discounting the market, =
oomhali-Covering and talk of small
Esd at the opening in each delivery and
iateT further gain of sd in Marcn, "
IN May and I'D in July. Towards the
close both March and May lost sd of the
houses. Corn--The market at the opening
was unchanged but owing to profit taking
ny 5;y y shorts gain of 14d occurred in both de-
market is easy. BroomhaH estimates the
worlds shipments for the week at about
., SS gV0; GOO bushels. of which about T.
100000 bushels will be taken by Europe
He expects moderate decreases in the
amount of breadStuffs on passage Ar
rivals of EIeadstuffs into the United King
Com ood during the past week about 4,000.-
900 bushels. against 4,0S0,OOO bushels a
year ago. 1'ets- =
The reported sale of 80 COO. barrels of
nour by Minneapolis millers to the South
mixed conditions of the milling trade this
year. Minneapolis millers are buying
hard winter wheat in the Southwest and
Kansas millers are buying low grade
spring wheats from Minneapolis 1t is
possible Southwestern flour buyers
tnought they would come nearer getting a
nome grown product by bringing spring
wheat patent flour from the Northwest.
minneapolis wheat bulls We're pointing
70 the fact that shipments of-wheat from
as receipts. The latter were 237 cars of
native grown wheat and 133 cars We're
shipped out.