The St. Louis Republic., 1900-05-09
WHEAT CLOSED HIGHER,
BUT OTHER GRAINS WERE OFF.
THERE WAS \ LITTLE MORE
STRENGTH TO WHEAT.
There Was but Little Stir TO Specu-
lation, and the Business Trans
acted Was Light.


TuC:siAy. May :, 80
Taking the general speculative grain stu
alton In the aggregate, It Was ahou; as
slow and uninterestiug as q was on yes
terday- A stronger feeling was shown iy
wheat, but. aside from this fact, there was
but little about the different markets 10
draw attention to them. Speculative ;n-
ierest was almost nil, ana the amount Of
business transacted during .ae cay. taken
IN the aggregate. was small. Al domestic
markets for wheat wero considerably bet
ter of than they were yesterday. apparent
X having recovered from th- weakness SO
conspicuous then. \ str0r-er touo vas
displayed here from the outset an. Wa
chiefly due 10 the fact that cables id not
reflect the weakness shown by the markets
OF this country yesterday. Ecrh Liverpool
and London were reported v.i,hCu; change.
and private cable later said that the frs.
named was isd better. These markets other
wise were quiet ami not especially interest
ing Advices through Beerbohal were 10 hv
effect that France, Germany, Austria and
Hungary reported greatly improved wealth
or conditions, but tie reports Of damage 20
'%e ~ero said to be Confirmed. i "a iril-
proved cables were reflected Dy all the maj
kets OF this country. though the gains IN
values were small. There was no urgency
10 The demand, and there was mcra than
enough Oh sale 10 meet all re4J4I eIaeLta-
Gather conditions On this side were Gue
Ht-h Tie exception OF a iaCk 4 .a.Es ia
-,Jith Dakota. Receipts continue Il: aU.J
np remarkably well, the Northwest report
ing SO cars, against lSs q yeas as0. while
.hc arrivals locally were 1.,-vy BL., as-.lsL
ss,sV0 pG. last year.
Ths opening here wes only slightly better
t2an II closed yesterday. July u-ius sc
higher at e.asU nc. ana II then sold II 90
Ind . i.-4 lie
isu Uige. and included a4V.cys u TOO much
rain ia The Southwest div weather in &c
Red River district and a isl!iIIs on in Con
tinentai market sJOchs- Paris, On ,le o.hgr
Iidhc, was reported only &c higher. ard
antwerp easy ana unchanged. though LI.-
tsQ. New York. however, was weak aili
me weakness In corn had depressing ef-
.evt. 50 mach 50 y! tact tnat L Was IJt
very long before the early advance was
wiped ouL Before this decline received a
checR the July option went OF 10 g. sc. The
export clearaRces were extremely small al
$3.50 bu. only, bat the late Continental ca
bles were Of q character 10 us:p prices
some, Beriin quoting an advance II i.c ard
BGda- testh tsc- IEes5 were followed by
sensational kilograms from Paus. hAs., 10
growth very rank, ana no heads. 1lera was
also an estimate received that the i'rcEch
etS SrSp Woplp S.I De Zsaey9voo 6I where il Uas
ooo,"o.ovo co. last year Then came Brad
streets report OF decrease OF 6,.y5.Ue bG..
IN the worlds visible. where it increased l.
fS5.wJ bu- enc year ago. The effects OF
these bu!lish influences were soon 10 b.
noted. and In a short time Ju:y bulSei 10
61isc, but there was no change in May.
which had opened 40 higher for the day at
Tee The available supplies east OF IT,.
rockies ard outside the Official visible
showed decrease OF Sis. 10 bU- The lrca
crowd was inclined 10 be bullsa A-d seized
every Opportunity to advance prices. There
was nothing encouraging In the cash bust
ness. and nothing Of consequences was hear;
OF in exports bat there was sUms v-fy
good oqyins late, and as Chicago vas
strong July here went up 10 6Ii2c, ana tha- |
was bid at The close. May c.usei l.c bet
ter at 10c, Aug. sc higher at S75,c, and |
Sept. unchanged ct e17sc n!L-
Weakness was better defined than |
strength in the local corn situation TO-DAY.
and especially in Chicago. and created quite |
"a considerable pressure to sell here. The
early strength SHOWN by wheat was OF IL |
were unIavorable. The weather map or. |
,cnahee Vas very wet in the corn belt ana !
tsd decline ior tutures ana cash ~ lower. /!
WA!!e i-7a1un was said TO be quiet for |
american and easy for Danabian wheat. |
exporters stated that II was impossible TO /
.o DCslAess abroad Receipts were not |
large anywhere. the tctal arrivals at West |
tfh ndrEetS being $500 SU.. against oti- /
60 bu. year ago, Sl.-,0 bu. arriving here |
SSainst Jl.Qy9 bu. last year. The SHIPMENTS |
We're 6+9Uvo bu- and C!earences 5-l ust bI- |
SradsueeLS statement showed Al available /
'ecredse OF f.6SlOv9 bu.. against J.ls3jg.J bu. /
ne year ago, and where TIE regular visible |
.'-0l showed a recovery OF 5sL, bat did not
neck the declining tendency Of the market
'-'iN 1L4S ypt.ieG sc lower At sS!--- The
feline Win which the market started Q!a
rot END in the case OF July until that oa-
on t9Gehed S.:sc and was offered at -
Sc No export business y as reported ana
very lllte il the way or cash t.d.lss:C lions
ut the iate strength IL wheat AaI q very
good Influence ana ~ the close Ju.,- y,.ls
"Aly 1l4.sc of. at SsS1sc bid. and May &c
over. at SSc Siq.
The receipts Of oats at Western markets
We're repor ed at $4,000 b:l., against ~ ,r.J
iu last year. The total shipue!Js y-ere !
I'Is.,vS bG- and tho days ci-stgaHces hrlt
o;cD bu. According 70 EraGsiTeeJs ii.J:re3 |
there wsS a decrease in the visible Of
I-ssovv bu-. against $4,000 bU. decrease !r-r |
year. There was Il sharp break IL me f5I- |
tufe mark right st the start. The syiliIs, |
was iree and July opened i4c lower at !
-, aIlG went on to &c. then rallied |
later TO 22ssc. closing &C of for the day al |
That BID. For May z4c was Lid and Sent |
had sellers az Z2,.c.