The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-11
MARKETS AT CHICAGO
GENERALLY DECLINED.
ATTRIBUTED TO FEAR OF
AGRICULTURAL REPORT.
Other Considerations Added to the
Depression in Speculative
Commodities.
REPUBLIC Special

| ktPtBILC SPECIAL.
Chicago. July lo-The speculative mar
Ke's were depressed. and all the chief COM
modities dealt In for future delivery SUI
Tered from fear of what the Agricultural
B'reau's crop report might have in store
Tor Them IA the afternoon. Wheat sui
. Tered to the extent of &c. corn n4c. oats
. iac. pork Doc a Dbl. lard and ribs each I5o
( per 100 lbs
! weakness In the Liverpool wheat market
/ IN the lace OF yesterdays strength here
hurt the feelings of she local bulls ia that
I commodity, and Incidentally caused quite a
( crop at the opening. Besides. the Govern
meht crop REPORT was TO be issued In tho
afternoon. Also rains and cool weather had
! been prevailing in moderate degree in the
} Northwest Again the great Southwest
err winter wheat crop had commenced to
move aud nobody could forecast its effect
upon the price when II shall have reached
lts Hood. All these considerations were In
/ me minds Of the Spectators IN the first
hour or the session, and not only depressed
the price. bu; curtaiied the volume OF the
business. Sept wheat opened at from S0isc
Town 10 '9-4c. as against Sic at the enc OF
!'Sterddy's session. 1t recovered trife
IN the following few minutes. selling spar
AlEiS al sti3a,0asc. but an hour from the
opening there were sellers again at SJIsc.
Local receipts of wheat were - cars as
COMPARED with II the year before. Mime
aiohs and Duluth reported only lUi car
iuic7, as against Dol the corresponding day
VI Tue previous year. The total receipts at
tiie chief Western markets were only 80
Wv bG-. as against $500 bu. the year pre-
Ill
Cu- The seaboard cleardncos were equal IN
wheat ana -four II 1900 bu.
reports from tn Northwest were soru,-
"t"' colih'cting regarding the elect ON
wheat OF recent rains. Some claimed great
oeitHt 10 wheat not previously killed by
oNo"'' otheIs asserted that 10 improve
"i'it existed. An additional calamity Is
now threatening all gram croos-vLeat
I'm oats and Dariey-in some districts Of /
At!A'I4.ysnIa According TO t0-day's at!yices /!
,,irI osss aIe unusually thick, and have /
90 '-IS CtStUyed wheat, oats and barley. !
90 arc Threatening corn. There Is no doubt I
-. tic ruin ui such reports. but II IS not .
TItOgy. 80
liverpool reported declines of from I'D to |
- - a.. Aulutts; ahd nom I'd to I'D reduc- I
Sioh ~ siOt wheat. Paris and Berlin we're /
eacn from 1sc Il bu. To sc lower Rrd4-
- ~ 90 up and Antwerp up the equivalent /
Tie stock of wheat and -four at the prin-
S!i'''i markets. OF the world was reduced =
eos,vte on. since June l. whereas in the same
t!iile the year previous there WAS an addi-
tioa OF 5G4S. vyy btI. In The worlds stsrL IN
80. ~ ~ iSte.Ncd 300 bu. wheat and SHIPPED
Bratsiroets reported $4,000 b,,. decline +,
NoLH : STOCK OF wheat since "A week az, !
anu 'hdt caused i short diversion in favor !
- -, 1,S nuils the price OF Sept. recovering
rom epc 10 @@sc. Some direct EXPORT bus.
it,s was done direct. One firm reported
L'p,oup ct'. ana another $1,000 bu. New York !
reported export sales OF ~ 90 IN Tn. |
Corn.
Corn opened quite woak-weak enough 10
s susstSi that the crop in Kansas was sue
cess Gl!y WIthStandinS the attacks h-int- /
male upon il by pcripathetic renor,ers !
Some rain fell in Kansas and Nebraska and
-. Ee temperature Vas less dangerously high
thdh II had been. which was some reas-
sGIdhce 10 those who had been alarmed NV !
strongly expressed reports of damage being
y.,,1ii lover quotations came from Liver
l,!. ION futures and spot corn were re-
ported nom I'D 20 1sd lower and il helped
70 induce the selling which knocked ffom
~ W !c Il Iu. OF the price of Sept corn
81 the opening. Sept. was for sale az the
start NJ from iic dawn to 43I.c only one
or two lots at the latter. The lower of
ihoSe quotations WIS li.c under Yesterdays
highest, and lc below that DAYS closing
price. Considerable business Uas done at
ahout $3.50. after which IL tended again |
toward the lowest point IL touched at The !
otehiiS Weakness OF wheat heiped TO de-
Local receipts Were / los cars. with sS5
estimated for tomorrow. The total II
Western primary receipts was So 81 bu
The year previous they were aSI Otsl i'm Sd !
board clearances were - TO bu The |
weather IN the corn belt vas generally IA !
'nTahl- To the crop. BTadstreet's re- |
ported an increase Of 223SCro bu IN the :
WORLDS visible since a week ago. At the
tihe time last year there was an increase /
y a-Ewp bG. i good deman nj for corn for |
H'2mert was reported here. but MANY |
Eastern orders We're small fraction under
& working basis New York reported rs !
loatloads sold for export
sept. corn declined 10 4}izc bid and closed !
II iSi4c bid, as cOmlared with HE Monday |
tade IN oats was not particularly brisk |
and tho market took its tone chiefly from
,"rn The decline in the latter induced
leaViress. Local receipts were $50 cars, or
y over the number estimated YESTERDAY !
or tomorrow lee were estimated Rrai;-
'tf.ets report az the worlds commercial |
took gave the change site. a week ago at
LOO bu. reduction. In comparison with -
:" bu. The similar week % last year. There
we're carloads Of new oats received here |
rom Central Illinois stations
sept; oats opened at from 2isc down 20
&c, sod as low as &'Ac. for an instant and |
lay. ~ '''S'
Range of Eufnre.