The St. Louis Republic., 1900-09-14
WHEAT CLOSED HIGHER
IN CHICAGO MARKET
THE OTHER GRAIN MARKETS
WERE FIRM.
Corn and Oats Advanced-PrOvi
sions Opened Heavy, hut Raj
lied Toward the Close.

| HEPtHiiC SPECIAL.
| Chicago. III. Sept. i2.-Wheat was strong
to-day and closed Ia,c higher than it did
| yesterday ana the other grain markets firm
/ at marked improvements, corn resting with
/ an advance of Sc for oct, and oats being
up isH'sc. Provisions were heavy until the
! last hour Of the session. when. some buyers
/ appearing sellers withdrew and the price
( easily recovered the greater part of the
/ carly decline. \ great export business was
: reported worked at he scabOard. The sales
were equal 10 5000 I'm. wheat and 10000
hu- corn. OF oats 30oe,o bu. were sold here
! to go East.
| Liverpool wheat quotations for futures
were advanced a little this morning. and
such independence of yesterdays down
ward course here Has taken as evidence of
need "f foreign importations i'm England
and revived the spirits of the bulls. The
I opening trades were at from nc to sc rise.
compared with yesterdays closing prices.
showing the impression created by the I.iv-
'ip"o! hrHncsS taken In connection with
some huiltSh features in the domestic situa-
! tion. The chief Of the latter was In the
news from the Northwest of destruction tn
stacked wheat and wheat in shock by the
recent rains. The weather had since i'm
! proved. but the injury remained, and /; was
( said To he Sn very heavy that Conserva-
| i've men who had information of it re-
| framed from making it public because of its
se'loGSscsS. prcfcrring 10 await the con-
| hrmaiion they expected from diminu,ivc re-
| cciptS. Nothing short of the latter will
convince the trade generally in view of the
! c"niiictinE statements Of the various sx-
| ItTts VINO have Travelled the region of crop
Liverpool quoted futures from unchanged
|" 81 hiSHer to start with. and closed with
q i me- gam OF Isl. Minneapolis and Duluth
itceiNed only SAl cars. compared with $40
tth corresponding day of 1899. and in Duluth
Sti!"il receipts Of lV3 cars compared with 503
the year previous. Only 10 cars were of
S''Etact grade. the remainder being mostly
u.tnp- tnicdg- received 435 cars. a. against
IL the year before; 81. Louis received I4Gc,D
pu'. rs against 4o.tsa bu. the like day of
.aSt year y grain dealers association II
-EepFaska estimated the wheat crop of the
! osdlc ana the reserves from the previous
crop Ut .h,s"i.Ho hu.. or about E7.JI0uJ1 hli.
NOR" available wheat than Indicated nv
tl"NTrilin"nt report of acreage and condition.
tn" aggregate receipts at Western noir,s
aiiioHhtSi u l.lo3,Ws hu-, compared with |
,1i"' pu the year previous, and the ship
nthtS S7,"h hu. to-day. against 55a 900
"H' last year. Seaboard clearanCcs of wheat
iiil Hohr equal 10 $4,000 bu. oct. wheat
opened at from 7iasc to 7i1sc, and gradually
! improved until about an hour from the
close. II brought 75AsC with n further
rise later 10 157Sc. The closing figures were
. best OF the day. The taking Of Il boatloads at
,,te ,l:e Sg,,"9iId was the reason for the firm
Anout same quantity Of hard winter wheat
So.a mere. which was probably the business
reported from New York.
Corn.
'orn ruled strong. opening I4c higher fn-
oct. After dropping the first advance II i'm
proved on II on the second rise reaching
before J. O'Clock point 3.c in advance n
,he previous days closing price The start
lHE iSures for Oct. Were 3S7-c. and after
redcting 10 Sl2T3S9sc. they were advanced
20 5''sc business was fairly active. Re-
ceipts mere 5GI cars, of which IjS were con-
tract Exports from seaboard We're In5 40
tu Liverpool closed I'D higher for futures
ana spot was quoted I'D higher. The Price
current mentioned crop conditions rs satfs-
factory; with probability of yield 2JfO-
e"H" bu Estimated for tomorrow, 4e5
Oats.
ine market was strong, in syrpathy with
corn ana wheat. il was said, but there were
reasons for strength quite independent of
the Other markets. chief Of which was ry-
Ceient demand for shipment fair propor-
ton or which was for export. Receiuts
We're 3yI cars, with to-morrow's q arrivals IS
tInatcd at 4,S20 The Seaboard clearanCcs
were 2lb.ro bu.. sales for shipment reported
az dVo,vp hu. oct. oats opened at 2l3.c the
same as they closed the day previous: after
reaction to 2lasC. became firm and rose 10
&c. the most OF the business done In the
afternoon being at 2l7sc, and that was the
final quotation.