The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-05-10
GRAIN MARKETS
WEAK AND LOWER.
WHEAT SHOWED A DISPOSE.
TION TO SELL OFF.
Speculation Slow and Dull. but
Such Declines as Took Place
Were Small.
Office Republic.

Of suspended animation. The speculative
apathy which has so long prevailed con-
tinves uninterrupted and appearances would
eecm 10 indicate that this state Of affairs
might continue rs long as there is an al
sence Of speculative interest on the p3lt OF
the outside public and now features Of a
radical nature. Things were almost Head
az the floor OF the local exchange to-day
traders apparently thinking more Of 5E-
Etreet railway strike than the different
grain markets. TIE price movement al
through the day was sluggish. the range
hardly ever being over 80 ana most e
the time was less than that. The carly
operations in wheat in the pit GA change
throughout the day We're limited 10 small
and In many ways uuintcTesti.E traos.c-
tons. Room traders were apparently nerve
less. owing Il the absence OF stimulating
factors upon which to base TIA les. V:
the situation during certain portions f the
time was far from i weak one. being really
steady at "a slight decline. Throughout th-
rdy considerable independence was shown
1y this grain, being bucyCd up hy some
strengthening influences. There was moth
Ing OF this kind early. however. and there
was but little. Il anything. to indicate Il
hui! market. The first cables were more
disappointing :han otherwise. the response
- L%NFiftli ana t1Gtff 10 our CEE>lt..
OF yesterday being only Iii, whil- cash was
oull and I'D OF at III. first named. SUI
there was some information on band that
could be construed As bulliSh. FOR III
stance. The regular weekly Government re
ports contained aiv!ces Of very serious
H8maee in Genital and Eastern Tennessee
by fly. and some deterioration In certain
parts Of Illinois from dry weather. and il
was also said that the weather Was too
Gry and coo! for spring wheat in North
dakota According to the weather map on
change the conditions were Geusr.ly IA
Norahle. for winter wheat. The receipts at
i.l~ pom; were posted At $500 bu, a-.tiust
-" hu. last year. and 26i cars in the North
west against 1874 cars 4 year age.
rs previously stated there Was nothing
'ailtSh about the way the market started
~ tiiS morning ana Tor some considerable
nm" after the situa ton WIS hy ra means
Encouraging from q bull standpoint. Trad
inS was small and dull and strictly rrof,S-
s."lil!. me opening f.ssliu-s if tIc JAIN. n--
non beng IT sc decline at 515xc. The weak
].rsS M corn had q bad influence, but July
.tI NJ So below a. -. Then a stronger
aH WIS H'Etlupyd ana that option
drought os'.c. Continental cables were
NOR encouraging, Paris being ~ I.Hi-c
improvement. but FuHa-Pa,1h 80 nj
much lower while Liverpool did MOI show
-: sam .~isdrau"es W"y. ai6..U bu. \
.1tah OF lc IN May At New York lac to
iaJC" deliveries ana the lac; that ;ha c..b
Stiuttinr Was still bad, caused This market
> "eaken asaln AMI July went III and
. I""er Tor the day at 1t gT.,. Man
losing S1iahie at zoe. -h->l-t nominal l..
~ Al 5'sst' ana SeTtcInu,7 - lower at
The condition Of the growing c.r, c-oD
!lSt AT this time enters largely INTO ne
,1nHfse and actions Of this market. ana mis-
i''"ti.lhE was one OF the chief influences in
Sl@filS Its actions. According to H. CO
,fHhnenIs statement for las, week u,hir,
VIZ nltIe pubic this morning the crop. with
- sINSIe exception Of that III Texas. an
.,tdFs To he making excellent nr-areLs
1ieaNN ram and the floods in that Ste -,
'l"ne namdge. but at the SANE fima r1iti-
ka.Iy' Is going on as far North as okla
L.otia. Win planting progressing steadily
IN EIoNlng commenced in Nebraska. ca
crn,oi 80 po' ~ the least encouraging. In
~ .,iIE ot another "a. and although
tHt receipts were light the send-pff her u
I"roFaDIe only for the bears. Iulv onourj
~. better at %5isc. but inrediateIy sol5
~ To "'fsc. while May had spIiars az 80
me receipts at Western markets ,.-.ra -
r' blL against 1885, 90 hl. Iast ~ ;c.IIJ
~ -',g' Du-. against &.tss. b!. p wear AGO
Inc shipments were iS3.a In sTs H.
,n'e n mE"" bu. The market reacted
tb,3 ~ "h! rom the early decline and
,tdt NaS also bid for May. bur as -3era
VAS no buying support of any rnrseoncr.s
H., H. market again eased on. At tn. cIase
there We're sellers at * decline f.r III. A..
Joy may ana July. whic, wer. n,.nraa -.
"'s. ana "''sPa4c respectively.
.rb bd'rre artsnti"n was given to oats to-day.
crs at 2-l21 sc. at which ii cIcs.d H.,
%as pa &c and Sept. WAS offered lie IoT r.,
- .n western market receipts wara
.aa"e bu-, against 66-. sJ hg. has; ar. -
=" bu- arrived locally. agairsr /, H. -,
go year Shipments were rougrrcI az a..
q" hu. '"s S'a'"afd a.
Trade Gossip.
ne trade appears to he more than usr.,--
:" he = 20 "he;ter the Governrncnt r.I.5rt.
Iis,.t or ! further decline in IN. .-Gnfi;ia, -
maahy look fr the formay OF Ar.I As
~ Etas ago the c0ndiuon was Is ana h.
ION on May ] for ten rear. past was y : 49,,
aifs-6 6r,oaole me coming r"prri w.Ii not he -
iist-p acres VIII he rslUce,i sro.In, ~ - "a
se.r va =" . pEShsni'l,y The area harvested asst
10th BetTtol,m and E~roomhall reported a d.
ana ssbnra dIr.n. suhpl:fs % nr"ad7tgfs afost
@" en and the latter ono " Z. ir.ssi bI. HI
inE April OF :. r-.pao bu. ms a. t5!-s,a f.. IN
i,u.'''ln says the available supply OF wheat ars
In..r decreased &.Es.eo bg. last month. Er1d'
streets figures Indicated d decrease Of 5 -; 14,
P~roomhar cahled: Tho ms-,e, -b;s -,,r,
opened unchanged and featura.ass: Ito nlhn
.no""a s"tne Imprisonment On scattering h,,-
certain extent ihe lower prices scored IN >r.-r'
IL rGStnita>- Navigation has renpe..I At =.
\ Ic'ter from jackson, No. sa.s: We a~e
vbea,, some farmers ar are am MIN 1}icg l5r
the wheat falling. and should rains continue. IT
s. 50 rank it will fall 70 a grea; 80, :!
,revious reports from Southwest Missouri lave
The available supply os breads,uf< in the
Inited state. Canada and aaoat for ana n
according 70 the Chicago Trade Bulletin. This
was $4,000 bu. smaller than on Ami t-r
S.Ss.rti bu- larger than p yrar aGv. ard 81
fB7.Go bu- two years ago. TT" f.cra4.a ~
April Of last year was 10000 hu. ana s4,..
month in 1925 was g.sc5.0c hu. ~
Cash Grain. Flour, Etc.
wHEAT-Cash m~arket-Rec@Iv-d. 23 sks AND
l. cars local. While the market was firm. it
q restrictive effect upon business. but She de-
red sold this side at .2.c. and some choice Z
side ixaizc higher; No. 3 red at sgd7Ir: No. 1.
winter at s3assc. latter choice. No, : hani Al;
6lIfsc. No. 3 do. at 62isHG3Ec; No. > soft suring
ct 6ic: No. } do. at 62L163c.
CDRN-Cash market-E"ceiycd, $50 SKIS. and y
cars local aud : cars through. Easy in tone amt
the demand. On trk No. . at 5?C. No. : At 2Sl.c:
No. 2 yellow at 39isc: No. . white at 3sa;.lza
oATS-Cash market-Receivci. g cas- local
no advance obiainable, On trk. No. ? a .is.c.
No. 3 at &3isc. No. > Northern AZ ~25p25isc: ".
. white at &c; Nc, , do. at 25a4I2gisc. N. :
RHYTHM. Demand mall and iittI. for SALE.
Grade No. . salable at 5jc, L. side;
FLOUR Millers and -four sellers generally
speak In the i-1ost unfavorable terms q the -four
market. None II them are selling anything
abroad and their domestic orders are as poor as
they can be. Inc price OF wheat preciudes any
name below $50 and s3.M for winter wheat
patents and straiss.ts. Quotations on soft
winter wheat -four as follows: Patents t35ea
clear 81. 1913: low ami medium s2.2.5p. Hard
winter s2.2Jn2& FOR, bakers; S2.@G2-0 fer
straights, and s2.e0a3.D for patents, all in
BYE FD~ouR-Jobbing at $50 in SKIS. and
coRNMEAIs.G5dty meal g; pearl meal. srsts
4 MdIiIFEED-Very little ,h-siness passing ari