The St. Louis Republic., 1900-09-01
CHICAGO WHEAT MARKET
HEAVY AND LOWER.
CORN WAS VARIABLE, WITH
DECLINE.
Provisions Were Firm and Higher
in Anticipation of Bullish
StOckTaking Statement.
EFprRIIc SPECIAL

! I,ht, - 49,.
r"ic"so' AUG S-Fhose who ala 'ile
c'iiei portion Of the shipping business IN
wheat to-day were modest and hid il un-
| der a bushel contrary 4, the -scriptural in
| i1uctio, ,,I, -. 1T,
| ai'""ush that std'"i''eht 9houiu
| be modified to the extent that IL was gen.
orally believed mar. ,b,n ION ,.0 I'm v,ouId
| bava hoe, ,,.,,,.,. =, - -,
H'teSSai! 10 cover All that was
sold FOR shipment from Chicago to-day. The
export e,Ias r,o,,a -, roi.do 9. 7 ii. ~,
,vbioaf,o .,.,., -. - i,o'''' gu, "'',,
aggregated over "|o"" hh.- ana
New York reported % boatioads worked ut
the seaboard. The market ruled heavy. the
foreign demand for ,,e sno, oval, he,re
unsatisiied and prjces M In. clos. we're
,hou, 10 -. -, g, =.
,f ,n, 10. - '''-i ."e i'''',' 9uo.f''oiI,
not materially lower winding mn i,c dawn
for Sem, ,,d ,r -. n', -.
'P''' ,'''u -i'' i""ef ior fct odiS
lost iac as the net result of the small days
business Proyisio,s were 6r,, an, ,tshsr
in antfcin,tinn -, - ,,,,,;t - in,.;,,,
- Nv
wheat
wheat opened Il shade under the previous
days closing prices, with local traders q,
the selling side for the most mari and tb.
bun professionals Inclined to a,yait ,ba ra-
suit before committing themseIyes bv fur
whaar ' h,', s,S- hey were not selling long
,,,'.a put elevator people. with a view TO
nuSihs IN Their Sept. short wheat. were
seihng Oct. for the be.irish effect that il
might have on the delivery they wished
10 buy. The absence of any .,un.,,r,nca OF
large foreign acceptancss ~ ,.Is,a,Ii',. -,
fer had a d.n,e.sins - rSit VI
junction with from IA to al ,..iira a.
Liverpool. and generally favorable weather
Tor cutting and thrashing in The Northwest
was was the ruling Influence during the afte--
bulls that the somewhat easier Terms upon
winch The. decline in futures enabled buyers
70 ger cash wheat would lead 10 some ship
pLhs business that would be known
ier later In the session. Argentina shipped
stW" bu wheat this week. as
asaifst sCs0U bV. the week pre-
i tne year previous. Chicago received 90 car
ioaos, anu the Northwestern receipts were
repod,sm ri', al ~ cars as against $40 the cor
p stunning diy OF tie year before. Liver
pooi market closed slightly lower than ic
I1peneu' ~, or at q net decline Tor the day OK
-iT -irtp per eeHtai' or .ee per bS
-, ~ ,'he sccouht. .. the probability of eX-
pr 81. BUSINESS, preierrlng TO await Its con-
fn..hln ~ I.,ia,ion IN the AFTERNOON. should IL be
rbt III anton'IIs; ana meantime selling little
wheat Under such tactics the price in
lined lined 10 sag and a SLOW decline was the
tHHse1usnce tHii eor, thronghout the nrst half OF
Sor aug wheat and i4c a bu. advance for
sep!.-Dec. Antwerp again reported the
qaotaiions or yesterday The aggregate re-
cespts at weston primary markets
Manounted an 10 io45,.O bu.. compared with
8ZIpo bu last year: the shipments from
80 saore. on me other hand. We're to-day. ~
90 bu and last year 34S 90 bu. Sept. wheat
open at from 7iAsc 10 sii.c. solid gradual
~ down TO tS1sc and closed at 1ic- or sc.
io"ef thah II did THURSDAY.
Corn.
The trade In corn was not extensive and
a large proportion of the limited iransac-
tions was in The way OF preparation for
delivery day. That is getting rid Of Sept
purchases and buying instead Oct. corn at
lc a bu. less. The dividing line between
periods and when the one would stop and
the other begin. a message from a we'll
known statistician sent from Des Moines
the opening as il suggested yield OF corn |
from Iowa exceeding any previous seasons |
production, and added to its bearishness by |