The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-01-24

iGl. N.Gur AN. th- uit,re h.ctm. the bittr'.
May wheat l,tt on - higher than IL lid
tn" day before. There Wa less talk OF
damage TO French vr.P and nothing else
@" explain the ir, vaiiiu& hu'lIshu"ss. which
Boy some WAS ascrih"d To tho ctS" with
which a little nue work can b" performed
10y a few ri- traders. NOW thtt puts and
calls are aLu'i-h"d. CoIu gained -. IN sym
pathy with wheat Provisions w,gr weak,
hGr did not lose more than u Yer. small
fraction ir value.
Wheat.
Wheat Wa momen'urily lower ~ tE"
| start because of Liverpool opening ~ ~
decline. hur J- that market sent higher
quotations Immediately. buyers b"chm"
more numerous and May wheat. which
opened at ar decline. rapidly recovered
lis initial loss ana converted it into - gain.
Paris reported another rise equal {" l'-c u
hl. for jan. delivery and about - '"r
more distant term. ~" repeated yes
.~oriay'S quotations. Private messages from
New York w"r, anything but hulli~h IN
tone. and rather suggested that shippers
at the seaboart were somewhat AZ a loss
Tor an adequate explanation Of the strength
at Chicago. one important export house in
New York wired that buying orders they
had on file from London We're cauC"i"d this
morning. and another said United Ming ION
markets were extremely dull. The Frerch
situation remained the chief offensive weap-
on Of the bulls. and its ind"finiteness left
abundant scuU. fay tn" play of DU!liSh con
lecture.
Local receipts We're IS cars. compared
with lGf a year ago: Minneapolis and Du-
luth reported 2lS ears received. as against
80 the year before. The aggregate at the
chief Western markets was $4,000 hui, "a
against more than twice as much IN" Ike
day Of the previous year. Atlantic port
Clearances Of wheat and flour were equal
10 6'i,rD bu., which was more than the
recent average. Some reports of shipping
demand for wheat here wer" circulating,
but confirmation of any business having |
been cousummdtoi w 10 near the close
was not pTOcurahlc. The dullueSS of the
United Kingdom shipping demand was the
chief influence in the latter half of IN" stS-
sion. and. although Bradstreet's rcporte! a
decrease Of 1.25o.re bu. in the worlds Wis |
ible since last week, the local Spectators !
had. before receipt Of that information, lost |
faith in the bull side and commenced undo
ing their forcu9Oa's work.
Near the end cG the session IL WIS re-
ported that Gn."4 hg. wheat had been sold
here for shipment. but up 10 THAI tim. 40
export business could be- heard ri at m"
sciboard. The latest phase Of the local !
market was one Of considerable strength, !
and highest prices uf thu season were 'ur-
rent the last fyw minutes. MAY wheat
opened at Gf"ac aaI lite over that at The
same time. rose ~ 6',. fell again 20 1iasI
&c.
Corn was inclined To- %" heavy. not from
any change in the situation. but NOR in
consequence of the poor results of previous
efforts under more encouraging conditions
10 raise prices a. all materially. The wealth
cr favored the movement from farms. buj
it gave no sign nevertheless of Increasing.
ana while the export inquiry WAS said 70
have diminished the days clrarduceS from
the Atlantic bore evidence to the contrary.
New Orleans reported clcardnC,s Of an eN-
traordinary amount. said to- hc tn, heaviest
ever shipped from Their" before in twenty
four hours, the figures for to-day being
72iyr bu. That. however. was the bulk Of
the days export. all the other Atlantic and
Gulf ports shipping among them less than
10000 bu. The total seabuard Clcarancrs
were alh!Hp bu. Local receipts were 30
cars, with 49, estimated as the receipts for
TOMORROW. Weston receipts all told Were
$1,000 bu., as against SCI ."" bu. a year ago.
reported prices of corn from AL
To sd lower. Strength of wheat near the
clos" helped corn and mad, the closing
trades show the best results OF the day
a bullish point Of view. Sales for
but no report of export business was Re
c,Ived from New York or utn"r srab"ari
cities. May corn ranger from 49, 10 jIi4t.
opening al 80 sellers and closing at .;i.C
sellers.
Oats.
Oats followed wheat and corn. opening
weak and closing n:m. Stop-loSS orders
Were brought on the market when Nav
touched -S.sc, AN! caused TIA" price to 20 TO
then "a general buying by shorts and
proit-tIkcrS caused Il reaction. There WAS
some demand Inr cash and JO.orv bu. were
taken here for ipm-n BradStrcet'S gave
an increase OF 4i2u-i hII- in the worlds Wis
ible. Contract stocks here. ..Ei.tHn bu-. de-
5000 bu. last week. ClcartnCeS were
4.532 bu. Receipts w"r" 500 cars, Is of
graded contract. For tomorrow 100
cars are expected.
The rye market did not respond to the adj
in wheat, closing just where it did
Yesterday. May opened at a2aic. and sold
to 52i2C, closing with this price bid. Re
weT" II cars. = OF which graded No.
Withdrawals from store amounted 10
,,693 bu.