The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1900-06-18
STRONG AND HIGHER;
ALL GRAINS CLOSE up
WHEAT ADVANCED, INFLU-
ENCED By CROP DAMAGE.
Wheat Was Very Active and EN-
cited All DaF-Other Grains
Were Much Quieter.

Saturday. June 10. lsc.
wHEAT-As if winter wheat had not
suffered enough damage this year. an
other destroying element has been turned
loose upon the suffering crop. This Is
heavy rains that have beaten down Inc
wheat in certain sections of Illinois and
Kentucky, completely destroying H. IS
said, the crop in many fields. The extent
not fully known. but believed TO be large.
This fresh calamity intensified bull SEN
timent. scared out most of the shorts, VINO
lately put out some wheat, and put the
price this morning to the highest point
so far reached on the present advance.
Reports from the Northwest did not show
the rainfall in North Dakota and Mi1ne-
sofa that had been expected. North Da-
hota alone making j good SHOW OF rain.
I'D and London Id. leading to the fact
that the foreigners had finally become
TSlre was also |" 8 able STATING thai amount
on ocean had decreased l.y2D,c00 bu-. and
Paris cabied that conservative estimates
placed the French output at 215,0c0.1c bu.,
so that 31.95v.oov bu. would have to be I'M
ported.
That St. Louis traders were powerfully
stirred up b. the buliish information turned
loose upon them was evident enough at the
opening. when offers to sell July at liSsc TO
iis4c were eagerly snapped up and, sales
tnen made at 1ffsc; these advances OF 1c to
1lsc. There WAS any amount of wheat for
sale at the ADVANCE, and as soon as the
early buyers got all they wanted there was
quite a decline. July going down to 74isc and
Sept. to i43sliit.c ASKED. Aug. sold at Ii9sc
The advance eliminated at 75c for July,
and '5lsc bid for Sept, after which there
was a small reiapse- But there were no
eager sellers anu only proft-takers were
sellers. The feeling was very nervous. II
ciose July had lissc bid. and Sept. Ike
asked. NO traoins in Aug: after the early
sales and at close honiirsIiy 7is4c- Export
sales at the seaboard reported as y loads.
Cash nlarket-Received. 5s SKIS. and 81
cars local and thee ears through. Another
oAN 20 annl tf 10 AfArEAs FFnno INIT h DO
mand small. The few city millers buying
diu SO veEy s~p3rinSly- By sample No. z red
red at .ia75l4c, No. 4 winter at 7Vai 2c. No. 2
hard at &c. .ar.y and choice worth &c ate,
No. ! DO. c~s,2I6.c. NJ. = spring 6s9osc. No. 3
do. Al bc Tor choice.
CJHt>-Tne market was both quiet and
u-.etued. and not so. mucn affected by
wneats wild ADVANCE early in the Jay.
one reason was that little speculative in
terest conferred in corn, az wheat held the
center OF the stage as the star attraction:
there was too much rain in a great many
sections. But receipts were liberal. Trad
ing IN the ioca. pit was light: July sold
al Js:sc and 3S7sc and 80 was bid before and
after this. Sept. opened SsII.c higher at
3sasc. and sold off 20 5s1Sc.
Receipts at the Western markets were
14s, G9 bu., against 139 coo blu. one year ago,
n..eIS bu- arriving at 81 Louis. against 80
zoo bu. last year. Shipments from Western
points were 10000 iu. ard from Atlantic
and Gulf ports 29i,Uo bu.
The market was finally impressed enough
by wneats second advance TO move up some
hid for Sept. Trading was still light. At
close July was off to 3S4c, and Sept. Of
fered at 3S9sc. Export sales at seaboard
Cash market-Received "a cars local and
g. cars through. Higher, but not at all
cry at 4elsc for No. 2 yellow and 4l1sc for
No. 2 white having a deterrent effect upon
BUYERS; On trk; No sold at oisa%c: No.
3 at 40kc; No. 2 yellow at fAc: fancy No.
8 do. at l1c 10 4Gs4c; No. 2 white at exc;
OATs-Western markets received 3s7. 900
bU., against 39S coo bu. one year ago-25.e55
bu. at st. Louis, against q. 100 bu. last year
land shipped ii7,"e0 bu. Exports were 2l3,-
600 bu.
There was also an advance in oat futures,
in part due to the fear the heavy rains had
inflicted damage. July sold at 227ec to DC.
22izc. which was asked at close.
Cash Notwithstanding, Isl sacks and 10
e eais,. 'of pem AND = and Sa' on entossn iim fasm' 9 on
track-No,2 2 at 24l3c; No. 3 at 24c: no-grade
at z3ssc; Ne. 2 Northern at 24Nc: No. 2
white at Zsiec; No. ; do at 2Sa2c: No.
RYE.Entirely nominal. as none offered
or apparently wanted: - 90
bles in. but none from England. and those
received did not result in sales. Domestic
i ihe strong ns advance moe n ket wS Sesn enlarged ''
follows: Patents. a.ssas.Ss: s,raishts' $50
$50; low and medium, Nxa2M
Hard winter. s23s72.O for bakers; $40
as for straights. and 81 10a31N for patents.
RYE F~LOuR-Jobbing at $3.50 in SKIS. and
s.. Is in bbls.
CORNMEAL-s2G5d2 10; pearl meal. grits
and hominy. $40.
MILIFEED-Most shippers out above
SIC for SKID. bran e. trk, but miilers gem
orally realizing much higher prices and
will not sell below CSC. At mill bran sells
at CSC.
HAY-Received AS tons local and 40 tons
through: shipped $50 tons. Demand con-
tln9as goo m ~ s 3 saos ws q s se' ~.
low grades. Choice clover also in demand,
prices on trk. now range: Timothy,
sl2.5odI3 for choice; sll.5oa12.5 50 for No. /;
SO. 50ai1 for No. 2; S.50Q1o for No. 3; frai-
lie. &.5ode for choice; sSdSO for Ne. l.;
s5as for No 2: ssGS.5o for. No. s: clover. |
GRASS sEEDs-Per 100 lbs, miiiet. 7ec to |
u.4EIatter for pure bright; German clover !
AZ 81 to s6.25; timothy at g to $50; Eun-