The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-08-15
SPECULATIVE MARKETS
RULED VERY DULL.
WHEAT CLOSED A SHADE
LOWER.
Corn Advanced One-Halfa a Cent
Oats Slightly Better-Pro-
visions Unchanged.
REPUBLIC SPECIAL.

REPUBLIC SPECIAL.
Chicago. Aug. H.-Dullness was the
feature in all the chief speculative markets
to-day and values compared with those of
the day before were not violently altered.
Wheat closed lsal4c lower, corn l2c higher.
oats 1-l6c up and provisions about the same
as they closed Monday.
Wheat.
Liverpool wheat futures were sd higher
at the opening here. and that might have
had an Immediately bullish effect had 1t not
been that the crop report for the State of
Illinois was in the hands Of the specula-
tors. and as 1t reported the wheat produc-
ton Of the State at 100000 bu.. or more
than had been raised in a season since 1886,
It caused a postponement OF the effect Of
the Liverpool advance. Another matter that
restrained the crowds bullish tendencies
was a decline Of 10 In spot wheat at Liver
pool. Those obstructi,ns TO the market
hero were soon overcome. and Sept. wheat.
which opened with sellers at 4;sc. and n
limited quantity at 74ac. rose in n short
time 10 754c. The Liverpool spot market
was dominated " the fne weather now
prevailing in England and France. Chica-
go receipts of wheat were sos carloads.
Minneapolis and Duluth reported 323 cars,
compared with aS the eorresponl ling day Of
the previous year.
The market, having recovered Its t;cCinS
loss. became extremely duh. but during the
remainder of the forenoon The tendency, !ot-
WlthStandlng the guinness, was rather IN the
direction of further Improvement. and Sept.
did make another hiSh-water mark lCr lie
forenoon when it sold for an instant at
i5asc. The primary Western market re-
CENTS urera al,ut doIibla hose Of the prp-
vious Year, but the very heavy quantity
received yesterday at Kansas City was not
in any way approached ty those OF to-day,
which latter were only $4,000 bu.. compared
with over IO0,GN blu. the day previous. Sea-
board clearances Of wheat and -four
amounted together TO $4,000 blu. In the NJ IL
neapolis receipts were l35 cars of new sp.iJg
wheat and - Of new winter wheat. Some
inquiry existed for hard Kansas wheat Tor
export, for which &C under Sept. price C. l..
f. Buffalo was being bid in the forenoon,
with holders asking sc under at the same
time. The stock of wheat in all positions
in Chicago. that Is in both public and pri-
vate houses. was reported at 1856 bu.. COM
pared with 1850 bu. at the same time in
1899. Braustreet'S report OF the worlds Wis
ible showed a net increase for the week of
guS, 800 bu.. as against l,552, 90 bu. decrease
the similar week last year. New York re-
ported 40 boat loads OF wheat sold for eX-
port. and that probably inc!uGed .O0.vyo bu.
1'AN -
After selling at 75Hsc the market weakened
u little and closed at I4's4i5c.
Corn.
Corn was firm. but dull, and the strength
was due entirely TO the present compafa-
tive scarcity OF old corn, and not 10 any
thing uniaVoTable to the prospects for the
next crop. such news as came to hand re-
garding the prospect next season being
mighty Favorable. Good rains feIt in Iowa.
wnere the condition Is being maintained
above the par OF an average crop. ana the
lt5rnic Sfatn yanprt rnn6n rho rrp1y IN -
WD acres more than was under cultivation
the previous season, and the conultion of
the crop u. The trade, however. gave more
particular heeu 10 the fact Of the excellent
shipping demand and to the Sept. shortage,
to satisfy which there was oniy S-o,1D nu.
contract corn in store. The Skipping de-
Inand was in evidence in the shape OF con-
siderable bidding from the seaboard. Local
receipts We're only 29 cars, with only 100
for Tomorrow, and the total re-
ceipts at Western prims.y markets amount
ed to 1920 ~ bu., compared with $4,000 bu.
the like day OF the year before. Senboard
clearances were $4,000 bu.. compared with
Liverpool futures were from sc to &C high
er. with spot corn unchanged. Braustreet's
made Il decrease Of 1.lso,GO bu. in the
worlds stocks of corn since q week ago.
Sept. opened at from 3Il2c to 37esc. sold
as high as SsAc and closed at 375sc. New
York reported 80 boatloads sold for export
and SO0.yW bu. were given as the amount
sold for shipment here.
Oats were dull. but firm In face OF the
continued heavy receipts, SOB cars having
been inspected INTO store the last "a hours.
Local receipts for tomorrow We're. however,
estimated at only 100 cars. The statement
OF the worlds stock, made by Eradstreet s
made an increase for the week OF 5000
bu., compared with 3y7 90 bu. decrease the
similar week last year. Contract stocks in
store at Chicago were 1,325 ,co bu. Exports
from the Atlantic ports were light. only
a.. 900 blu. having cleared and fresh sales for
only 10000 blu. Sept. opened at from 21hsc
to 2lac. sold as high as 2i7sc. then went
l-l6c over the closing prices Of the previous
day.
Barley.
Receipts Of barley were liberal. A cars,
but prices remained steady at former quo
tations. The range for mailing was from
CSC to i5c and CSC to 3so for feeding barley.
The rye market ruled firm and &c higher
under light offerings. A good shipping de-
was reported FOR rye. There were
no exports out of New York.
Flnxseed.
Flaxseed futures were firm and from &c
to 32lc higher. Cash was also firm and &c
above Yesterday. The same parties who
have controlled the market for a year have
had there strong position against the weak.
at s1.37. Aug. finished at s1.37. Oct. opened
at $l.3O and rested at Sl.3.f2.
Timothy and Glover Seeds.
The timothy seed market opened with an
advance of sc to begin with. climbed &c
higher than the opening price of lQc above
were 1880 lbs and shipments 1!0.712 lbs.
There was nothing to say of the cloversesd
market. 1t remained lifeless. without trad
ing or offerings. Oct. was quoted nominaly
$50 lbs.
Range Of Futures.