The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-10-10
WHEAT CLOSED HEAVY
IN CHICAGO MARKET.
FIN EEIGHTUS OF A CENT
DECLINE.
Corn and Oats Also Yielded /:
Trifie-Provisions Were Bear
ish-Rye Lower.
EErTEI.Ir

REPUBLIC SPECIAL.
Chicago. ILL.,, oct. e-Wheat opened with
a declining tendency. to change which tho
bulls made vigorous efforts and were for
a short time successful. with the aid Of
Hradstrcct's worlds visible. but prospects
Of increased receipts and the confession
made yesterday by Minneapolis mil!ers Of
wheat being too high to make flour in com
petition with the cheaper Kansas raw ma
terial, weighed upon the trade. The market
closed heavy at sc decline. Corn and oats
also yielded a %tritic. and provisions likewise
tended downward
wheat.
The absence Of any broad. we'l-dlfusoi
speculative interest in the wheat market.
more than any change since yesterday IN
the general surroundings az the trade,
worked TO the disadvantage OF the price NJ
The opening. Dec. wheat, which nj ~"
/ close yesterday was worth 'F-r" -
opened with sellers at from 1'9sc to ''l4c,
and before improving any declined to "',c-
At the latter point it received some sup
port and turned upward An increase 81
L. cars Of wheat In number receiver ln-utN
at Minneapolis and Duluth. compared Win
: the preceding TUESDAYS arrivals. WIS. in
addition TO the smallncss uf speculative huSi-
ness. a reason for some uuclsir6ss among
the longs. Minneapolis got 4hs cars, us
against 2SS tho week before, ana Duluti
H.. as against 172. or 62 cars III all, today.
| compared with iD last Tuesday. The cor
responding day Of the year before receipts
1T the TWO places were l,2lS cars. Thi'h
was. however. the Accommodations Oh I'VE"
days receipts. owing To there being TO re-
port for Monday a year ago. which was a
holiday at Chicago. Liverpool was ohIy
from i,d TO 81 down. shown: less i'lAilNe
weakness than did this market yesterday
Paris Was unchanged for oct. hut equal 10
ilc lower for JdE.-April. Antwerp reduced
price Of American wheat the equivalent OF
&c a bu.
Eradstrcet's report Of $500 Hu.. decrease
I'm the worlds visible as compared WIN T."
o2t0" bu. increase the CORRESPONDING W''h
of the previous year, Infused mufntntiEE
life into the trade and brought ih"t, ~
advance In Dec. wheat to II"sI'''4c. Inc
flTc weather now prevailing lei L" tNp''ld
tion of increased receipts at N'St'ih an.
more especially Northwestern points, lllt
the aggregate of the days rScoills At IN"
chief Western receiving places showed a
great deficiency compared with The iG-
urcS of the year previous. oven allowing
for tn. latter being two days receipts. To
3.4GN.va hu. Liverpool closing quotations
were the same for futures as already gwen;
California and No. > red ON the spot ID
lower. SCahoard clcarauccS OF wheat ana
-four were equal To- $4,000 bu- shipping de-
mand here was slack and in, the absence
Of moro inquiry of that Kind. the market
began 10 decline again. Tn" market got
very heavy toward the end of the session
and closed at &C decline for the day. Nov. /
at 167,c and Dec. 1~6FsI71c. |
Corn was firm at tho opening, hut
gradually came under the bearish influence !
Of better weather for curing and movement
of the new crop. The oct. delivery was /
stu well under control. but feeling slightly
at the same time the effect OF hcavineS5 If
the more distant deliveries. The local ~
CciptS were I3l cars. but for tomorrow
only $40 cars Were estimated. ScdhuaTi !
clcaranCes were mOierat" and new bust
ness for export small. The shipments from
Atlantic ports We're lG2.ooo bU. Vessel room
was taken here for shipment for $4,000 bu.
New York reported only 10 boatloais rold
for export and no shipping business was
reported done here. Liverpool quoted fu-
lures from i41 to I'D up and spot I'D high
er. Bradstreets reported e5.v1 bu. de
crease for the week in the worlds visible
supply. Oct. corn opened at from Ale TO
Also. very little bringing the higher fig
uroS. II declined to igs-c and closed at
4U1.a41c. against Also the day previous.
Nov. corn started a: from sac 10 "1i.c.
dropped TO 31~sN31i.c in the course of the
day and closed at 51i2c. against g72!c the
day before.
Oats ruler steady until wheat commenced
to show so much weakness near the end.
when they sympIthizcd to the extent of
laGti,c decline In the price of Dec. Local
receipts were 43 cars, and shipments "a
ca bu. Seahoard clcaraUcrS Were 1919 bu.
BradStreet'S visible statement, giving |
an increase of l,6S3,p0 bu. In the worlds