The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-04-10
CHICAGO WHEAT MARKET
RULED VERY BULLISH.
STRENGTH CAUSED MUCH
SURPRISE.
Conditions Were Not Materially
Changed Since Saturday
Corn Declined Slightly.
Etrl RlTc Special.

fffi Rlic SPECIAL,
Chicago. ILL.,, April a.-SpeculaiiNc grain
and provision markets started surprisingly
strong this morning. the surprise being On
account OF the absence Of change III general
conditions since Saturday sufficient to ac-
count for Tie numcror!s buying orders COM
mission houses had at the opening. Corn
and oats failed To maintain their advance,
each closing below the fiEures prevailing at
The end OF Saturdays s"SsioH. hut wheat
and provisions. although s'l"Tn OF som" o.
their carly strength by the desertion FROM
the hun ranks of the coarse grains, wound
up with substantial gains.
Wheat opened strong nj an advance on
Saturdays closing price Of from sc to &C u
hi. The apparent reason for sucti Il rtdicai
change In speculative sentiment was higher
quotations from Liverpool aud Iaris. me
former noted I'D per Genital advance and
the Inter q rise equal TO lc q bu. Ihat
was not thought sufficient for so decided an
improvement here. hut other reasons,
deemed ample by those hcnctiting by the adj
vance, and found In the number Of COM
plants Of the condition Of winter wheat
that were received. ST. Lc,iis sent a NUM-
her of such reports with regard to prospects
In Missouri. where the crop was said to be
GHteriora'ins on account of the pro'racted
drought. Indiana reports were also bad.
ascribins poor prospects there 20 Hessian
iiv. which was said 10 have done much
more damage this year than last. Even
later In the session. when the visible supply
was rrportc! 10 have Increased 1.2GS Gao bu.
the reaction thereby induced WIS by no
means material. considering the b.arish
significance of such a statement At this
season OF the year.
Chicago received III cars OF wheat. as
against - last year. Minneapolis and Du-
iuih GOT f"S, as against AZ. and the total
at Western primary markets was $1,000
hu.. rs against 5i..1ro bH. the year before.
Worlds shipments tn Europe for thu week
were seq. go hu., compared with estimated
requirements # about 30.cN0 hu. more than
that. The quantity on ocean passage de-
creased 1876" N hu., and is now ii,iSs.oD hu,
as against - sos, 800 bu. last year. The
domestic visible amounts to @j.+i2,'09 bu.:
TINS time 4 year ago il was 81, 1850 hu. The
English visible increased $4,000 bu. The
days "learanccs from Atlantic ports were
equal III wheat and flour to .1-l. etj In.
The opening for May wheat vac at from
s''sc TO ts',c, ana it sold as high as t1H.c.
After the visible supply statement ana
with tn" weakness that developed in corn
the price declined gradually to t6'sc. hu,
recovered again "a to- su6Ic. wh.rc II closed.
being q net gain of 7sHiac.
Corn.
Corn WAS very firm 10 begin With. but lost
its strength in course OF the session and
closed from &c to l.c lower than Saturdays
closing. TIL" receipts at Chicago were 52S
cars, and 80 we've estimated for Tomorrow.
Tho primary Western market receipts We're
!."5D.WH hs.. OF 62n,G', bu. more Than on tho
corresponding day of tn" year previous. The
visible stItsla .r.Y.. .fI a. Ian a,,t ,,1,.
amounts To %S,pl9,o0 hu., against 1855. 900
hu. the year before. The clcarances from
Atlantic ports were $4,000 hU. Liverpool
closed from unchanged to t.l up for futures
and spot corn nj Id advance. MAY corn
opened at from 4hc to 4Nlsa4c'.c sold as
high as 4ossc. from that down To 29'.c, and
closed 1T 5g@sc hid. July corn ranged from
iec to &lTil'.c. opening at i"f.c and c'osil%
4; tO'sni1itc sellers. NJ inc for July only
one or two 81 thc numerous buying orders
could be filled.
Oats devoted the day +" + lowing corn. IL
ing firm early. hit wetkrriu- aj.. an:
closing &c iowr@. Tn" repeated rcnor;~
from the county Of Favorable weather and
seeding practically finished had = hearisn
effect. Th"ie VS. quite = gp0G dral nf
lipUidatiug dunr. tI"aranc,s iron, the sod
board Amounted to iN''N hu. last week..
"a against ai".@A' bG. last y,Ir. To-day nim.l
in. was cleared. The Visible supply de-
creased se.o"" hu-. and stockS decreased 81
rn bu. Receipt" were rs cars. will u, ceti-
mated Tor tc-mofrcN. Ni'hdrawals amou!t-
I'd tn 1890 t;u.
harley.
The barley market ruled firm ut SATURDAYS
prices. Feed or export lut$ suli at - AZ
SIC: mailing grades ranged from 41iec 10
80. tl.aranCcs from the S.abOari last wen.;
amounted 10 in5"El hm. AGAINST only 15,"'
hI!. last year. To-day - tri bu. were cleared.
The visible supply INCREASED Sa.@F' tn. lie
c.irtS We're a vars.