The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-29
WHEAT MARKET WAS
DULL AND MUCH LOWER.
LONDON PAID NO ATTENTION
TO FRIDAYS RISE HERE.
Corn Lost Fourth of a Cent and
Oats About the Same-Light
Trading i'm Provisions.
REPUBLIC SPECIAL.

iNi-i sPEtIAIs
Chicago. July 2s.-Liverpool wheat marke
paid no heed to the advance of yesterday OF
this side. and the Spectators here had ap
parently recovered from their previous cx
citing discovery of 100000 bu. less whea
being probable for Great Britain than Were
raised the year preceding.
Affected by a decline in futures at Liver
pool of I'D, this market opened from &c tC
&c lower than it closed on Friday. \
further slight decline was brought about
from the example set by the early sellers
before the buying orders overcame The
volume of the selling.
From 16Isc down to 1879 at the opening
and then down to 755sd7534c, and from that
up again to &c, was the range during the
first half hour of the session. Business va.
small and. with little novelty in the days
market. Information there was not en-
couragement for its enlargement.
Local receipts were la cars. against liz
the corresponding day of the year previous
Minneapolis ana Duluth got 217 carloads,
compared with SH year ago. and for the
week the total received in the Northwest
was 1851 cars. which was l36 more than the
week previous. and 74s cars less than re-
ceived the corresponding week of 1899. Liver
pool did not report any such change in spot
wheat. Paris advanced quotations 15c. or
&C bu.. for all futures, and Antwerp re-
peated Fridays figures.
a dispatch from Walla- Walla district of
Washington said the State would raise over
l5e".CsO bu. of wheat. and that the Govern
ment condition for California. Oregon and
Washington indicated an overestimate of
33."c.ro blu. for the Pacific Coast. Foreign
ers were reported to be taking both spot
wheat and futures at the seaboard this
morning.
as 75isc, as low as 15c and closed at 75I.c.
Corn.
Corn was little lower. with a moderate
local trade. but compared with wheat ruled
rather steady, the close showing about IA
decline. Light country acceptances, small
receipts and good cash demand at higher
premiums. together with prospects of 4
large decrease here this week. were the
main supporting influences.
Weekly receipts were 1,5e3O1O bu. while
shipments were 4.l49.GOO bu. Clearings were
large. 62a.ooJ bu.. and seaboard worked q
boatloads Spot In Liverpool was steady to
I'D higher. and futures unchanged to I'D
lower. The price was steady to I'D higher
Primary receipts this week were 3163.Gg0
bu.. against $1,000 bu. last week. and
55.3222!0o bu. one year ago. 1t was claimed
In some quarters that certain exporters
We're resellins cargoes. accepting the profits
the high premiums present also taking the
y small decrease on ocean passage is
predicted for Monday. Cash demand good.
sales moderate. Receipts We're col cars, and
2l3 cars are estimated for Monday. Showers
are predicted in the West. Sept. corn
opened at 3sssc to SSl2c, sold as high as 3S5sc,
as low as SS%sc and closed at 3sasc.
Oats.
oats We're quiet and easier with other
grains. Prices receded i4q2sc. the distant
months suffering the most. Outside trade
was Eight. Crop reports were favorable.
ha lar
Jo5.S93 bu. A small decrease in stocks is ex-
pected for the week.
Arrivals were la cars. with 2i2 cars esti-
mated for Monday. New York reported
llo.eo bu. sold for export Sept. oats opened
at 2ssT3ic. sold as high as 223,c, as low as
2Zi2c and closed at 22i2
Rye.
The rye market was quiet and easy. The
few cars offered We're taken mostly for
speculative purposes. There was no ship
ping inquiry TO speak of. There was very
little inquiry for futures and the market
was quiet all around. The receipts were 3
cars. No export clearances were reported
from the seahoard