The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-07-24
WHEAT MARKET WAS
VERY MUCH WEAKER.
EUROPEAN SHIPMENTS COUN-
TERACT HOME REPORTS.
Corn Had Tendency 10 Firmness.
but Closed Lower-oats De
Pressed Heavy.

Chicago. July .'-IIeavy domestic re-
| ceipts and large shipments To importing ma
! tlons from Russia and the Danube caused
| weakness in to-d1y's wheat market The
| homie situation was unchanged in matter
| az poor CROPS ~ wheat in ohio, Michigan.
| Indiana. Illinois. the Dak5tas. Minnesota
| Washington and california; bat the Only
| rc-ion in the United States that secured "a
! large crop was s"ndins It FREELY to markrt.
i Local spectators withdrew until they
could judge better Of the effect upon the
worlds markets OF temporary heavy Amer
lean receipts. The result Of that was a dc
cline Of Zee TN. since Saturday in wheat
for Aug. ana Sept delivery.
Corn did rot suffer 10 any such extent,
only is0i.c reduction being the result Of ih.
days business
Provisions closed heavy. with pork down
2@'gr per hbl. and lard ana ribs lower in
about the same proportion.
Wheat
Liverpool spectators IN wheat Were not
impressed Ivy Saturdays &c advance on this
side. 10 Judge from that market starting
at decline. The Russian and Danuhlau
shipments of wheat to Europe last week
were c.9.G0ao bu.. and that indication Of the
willingness Of growers In those countries
10 supply the importing nations nd fiji the
gap made by reduced shipments from This
sid" had hcarish effect upon the market
sentiment here
Compared with Saturdays closing figures.
Sept wheat opened some l2c 10 ic hI.
lower. and. although the most "f that first
decline was temporarily recovered. Ihc ten
nency during the forenoon was. f0r the
most part. downward. The news from thu
fsaVrrr n
ccrStandirE Of the c0nI ton in that region.
Crop failure continued to be IN. burden 81
the messages. with an occasional note Of
less dol,fui sound
The Southwestern crop was moving free
ly. bur The Northwest had only SO car
loads. against 5G5 ears n year ago. with q.
prospect OF the latter continuing to ran
small throughout the season. PARIS quoted
-. q bu. advance in Sept.-Dec- delivery VI
wheat Liverpool closed with loss for the
day OF from I'D 10 sd for wheat futures.
ami both Liverpool and London reported ~
reduction in the price of -four.
The worlds shipments to the United
hiHEdcm and Continent or Europe Last
week amounted 10 1920 hu. c,,rro,r....
with '.!rtvp bu- the like wee.l of the year
Reports from South Dakota wer, 10 the
eject Jhdt, III addition 20 previously iy-
porter uamaSs TO the wheat OF that state.
not who's 81 FRIDAY, Saturday and Sunday
hdG done much harm. A message iron.
oNtttoH, N-b,, where good crops are tu,.
rule and The prospects Tor wheat looked
Tine. SAID III: res,ilt q thrasaiIEs was nnly
from - 10 = bU. 10 Ide acre. and very lit
u oi y a. high as tue outside iil,urc. Min
NrdpgnS reported IN excellent Uu.iI.a. de-
inland, and al! offerings OF No. ! Northern
Ttadi'y Sd!abie from lac 10 rzc over Sept.
!! ne quantity on ocean passage was r.
duced so" hu. last Week, Ie-.yluS thu total
'.lab,v" bu., against 81 SIS.uE'V b. lhe ~.u.t.i~
tiiile oi the previous year. The domestic
IL.
l,ioi,vr hu lucTease the IKE week OF Iu..
year before me English visible supp:y dr-
.lt.'H,u I'--!'A" %, compares wIJu an ill.,
crease % J--.t+I nu- tine year before.
Ssahotrt cIearances were egu1. IN wheat
aAd Hour To 4>'.rvo ug. The primary re-
ceiPts @t Western markets were l. L.,,,,-8 lu
compared win *so.utv Ia. IL. ike Cay Vi Tie
year before.
After recovering from The at the i'm
Medldte opening. SepI. wheat rose TO 1s-sC
porary recovery TO GIl.c. ana another ana
hhai teciine TO 'os,c, which prIce was bid |
Corn WAS inclined TO be firm for a time.
Aite- .,Iv opening Il Was rather weak. ~ |
- mrt,ay nith wheat Local receipts were |
sI!a.., only oil cars, althoU.,i. THAI number |
Was . ears over SATURDAYS estimate r.
ceipts Reported cOullLr! &CCepJan,es al prac-
NcS7iIy A"ihlns. The estimated numce. OF |
Cas- Tor to-luOrrow vas ala
i-lNcriooi closed at ss.I advance The y-is.-
Die supply decreased $3.50 bu., leaving the |
total i.-.o-Scgo uu., OF s,roEt the same quau- |
NY 'heEs " a. last year Iny quantity on |
ocean passage MIS- reduced .-,ltU ia. sine |
a week aga. The WuTiu shipments L. Jn,. !
United hiuSdom ana CoHIn,ns Of Enron,
I'st week we're 5-'oL,uyc UG.. against ..i..-
go Dd- the similar Nevk oI last year. Sul.t-
b'thIs from chicago since Saturday We're |
Yer! heavy. amounting To l.l5I.ytJ ia. ana
SchS"aid c.di-inCeS heavy a. .sSA.J Du.
Urinary Western receipts were $50 bu.
COMPARED with 3ct-V nu. d Year axe. Some
iv!' sT';fIlS nom hauS.,s I1ty and N.Bra.Ei /
II ported former
tHe weather WAS Ncrs IaVuIabir EcEeTaiIy |
Tor corn, which maur damage reports Kat !
nat. business IN ii.e pat was nnltec in VOL
uIn" ANA local CE.tr,;C-.T.
- pt. corn opened at from S97sc down 10 i
90, recovered to SYtIc, Irom that
AGAIN GcrnuiHg 10 %. p.rsc closing nj
tAjt. The shipping deli,aHc lur corn was
said TO be urgent. with 80 over In. Sent
price. buffalo bid for No -i.c over
Shipment hence were reported at .rilsl Ia
New York advised exports sales OF % boat
leads.
The speculative trade in oats was small !
anu largely cgnlnel to scdipIng operations !
% iotdi uiL!cTs. The heiV!ncss Ct the
" neat market exercised somewhat de-
pressing effect, winch was in ssuHie measure
u corn. |
Local receipts we're 100 cars. with 20 csri-
mated for tomorrow. SejLJcard cleHr;tri,,ts |
We're lhc.v9 bu. The visible decrease. 1l5-
~ bu., leaving the tota; at b,i2S,vJJ ia. !
sept. oats opened with trades az 9gSs !
G-';2c simultaneously. After recovering ia
: 5s425..c the price dropped back L. EIi,sf |
-d2sc ana final trading was al 23ssc againsl
&s4c saturday
Rye.
The market deprecated 10 the extent Of
i'4G2llcr due mostly TO liberal offerings and
the weak feeling Of its neighpor market |
No :, l. o. b., sod at ole, AMI a car of low
irade :it 4Sc Aug. opened anu stopped at
,9c. july opened At 80 and rested at
'!@4c. sept. began at Jii.C, declined 10 Ole
and closed at o3c biu and sellers at 53I.,.
Receipts cars. and shipments f5d3 bu. Ire
Visible supply at principal points Of accrn1-
Ilaticn amounted to $500! hu., an increase,
II 23VG bu oveT the previous week Stock,
n Chicago aggregated 32l.@O bu. au in
,rcase of HOO bu.
Range of Futures.
open. High. Low Close |
4 heat-July 90. ~ s5iaut, 75Is.tss
S api.. '. ..... s.a. ~: IS: - -s,.,
;orn-JUly Soc. SOC. St.R3Ht 80. 80 ts.as
Aug. SS!. .-s.N+l 49, .It.uts |
I