The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-10-03
WHEAT CLOSED LOWER
IN CHICAGO MARKET.
CORN WAS FIRM, WITH AN
ADVANCE.
Oats Averaged Firm, but Declined
One Eighth Cent-Pork and
Ribs Rullish.
REPU SPECIAL,

REPTRTIC SPECIAL.
Chicago. Ill. Oct. Wheat lost 1sc as a
result OF to-Gay's speculative business. Corn
was firm. Nov. delivery showing &c gain.
oats averaged firm, but declined isc before
the close. Shorts in Oct. pork and ribs had
10 pay another advance of 22@c In the
CORNER and Sc in the latter.
Wheat.
Liverpool wheat quotations came higher,
and there being nothing Of a contrary char
actcr in the news received before the open
ing. the market held fairly steady In the
near neighborhood II yesterdays closing
prices. Business was light in the forenoon.
lacking the stimulus of exciting news. y
cahloGram from Argentine gave a some
what Giscouraging account OF wheat crop
prospects in that country. but in the pres
cut early stage of the plants growth, not
much effect was produced by the news In
question. Minneapolis millcrs made another
lnc addition 10 the price Of Hour. Kansas
City received y carloads Of wheat, as COM
pared with l0I the corresponding day OF
the year before. Liverpool closed at an ad-
vance Of esd. Paris and Antwerp were both
without change. Spot wheat in Liverpool
was quoted I'D higher for No. l Northern
and led lower for California. Chicago re-
ceipts We're io cars and Minneapolis and
Duluth received i6D cars. The correspond
ing day last year the two last named re-
ceived 1880 cars. That comprises the more
important points of the early Information,
upon which traders had to ponder and make
up their minds as to its probable influence
on general sentiment.
The most encouraging feature of the days
statistical developments was the consid-
cradle falling of in receipts in the West,
compared with those al the corresponding
time Of last year. the aggregate to-day De
Ing Ma GA In and the wear DtlUrt l.|SJ,-
90 bu. The seaboard c~learances or wheat
and -four were equal to su8'co bu.; the TWO
last mentioned did more for the bulls thal
the sum OF all the previously mentlohed
factors. but as far az the deficiency IN
primary market receipts was concerned.
Will. IL to some little extent stlfteued the
bulls I'm their Views. It was generally con-
sidered in the same way a. the one swat.
low that does not make a summer IL VIII
probably require a repetition or severdi
repetitions of such comparatively small re-
ceipts to persuade a decided majority that
| the diminished movement has in it the ele-
Eradstreet's report Of 4.3Is.Oo bu. in
crease I'm the worlds visible checked the
rising hulliShness and caused "a decline OF
about &c from the best prices ruling cary.
The export demuad was small. ana BIDS
from abroad We're generally claimed TO De
considerably under a working basis A Cilo
cago shipper reported having resold fa'vV
bu. bought for export ana now anoht,
at less than present Chicago price. Dec.
wheat. that, opened at from 's,sc uown 10
Il = EA, a tll wi l. ll6u so w. w.
77n.c near the close and rested at t.tc.
Nov. closed at The, as against "Ssg'Asc
yesterday.
Corn opened firm. presumably on the
damp weather prevailing in the West being
likely to delay the movement OF the new
crop and the very generally expressed De-
lief that reserves of old corn were never
lighter on the eve of the new crop move
ment. Local shipments were ei cars. as
| compared with the previous days estimate
of 100 cars. The aggregate receipts AT
Western primary markets. were lo-?'vc pu .
/ against l2.5,0UD hI. the same day or the
| year previous. Exports from the seacoasi
wer, $1,000 bu. Liverpool was strong, ana
| from sd TO sd higher.
I lima receipts for Tomorrow Were
| 3-J ears. Bradstreets reported o5S.pO pn,
| increase in the worlds visible, as compare
| with 3.3sS, nol bu. increase last year. New
| York reported 81 boatioads sold for export.
| and 500. go bu. were sold for shipment here.
| Nov. corn opened at from 3.i&c to $40
| sold sparingly at 3Issc, and closed at S't2c'
| as compared with 3,asc the day pefore.
bats.
| Oats ruled firm during tho forenoon, Ou'
| the selling Of Dec. for account OF a prom
| inent long. whose opinions are beng close
Iv watched and patterned after. created q
I.,rieh feeling and caused the loss of q
| slight Improvement made In early trading
Tba local receipts were 36 cars. with est-
mate of only l75 for Tomorrow. Inc snip
ments from Chicago were 2lo."p po. any
from the seaboard 6N.O0 bu. were expotIed,
| Dec. oats closed at ESsIy2}4c. against G'sa
| 227sc Yesterday. 1t sold at 22ssd2Sc early IL
i the tay-