The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-25
wheat HAS AN ADVANCE
WITH BRISK TRADING.
CORN IMPROVES ALMOST
, TWO CENTS.
Oats Strong in Sympathy With
Wheat and CGrn-Provisions
Show Spirit.
REPrELIc

ehON 5liiAl'
REPUBLIC SPECIAL.
Chicago, ILL.,. April 2i.-Whcat enjoys a
good advance with some brisk trading.
Corn still booming with an advance of
l1sc over yesterday-a new record. Good
buying orders. oats were strong in SYM
lathy with wheat and corn. Provisions take
hold and show a little more spirit.
Wheat.
There was a better trade to-day ana =
more bullish feeling developed IN Mhsat. the
close showing Il net gain ~ @ac. ihe firln
cables. better cash DEMAND ana advance III
coarse grains ali helped To bring about .i'e
change III sentiment. tominisSion-nouse
buying was oil a better character thal OF
late, ana local shorts covered freely.
Liverpool quoted spot wheat uhchallse"
and futures sd lower to sd higher in face
OF the drop here yesterday, ana LONDON
came sd lower to I'D higher. Paris gained
Ac. while Antwerp declined Sc The local
cash demand was much improved. and 3D.
GOV bu. We're said to have peen taken mere
and 62 boatloads on the coast. May wheat
at New York was decidedly strong. aliu
foreigners We're reported buyers here and
ut the seaboard. Bradstreet's inquired %.6as-
ND decrease in the worlds available supply
OF breadstuffs. against II decrease OF !oS,-
QUO blu. for the same period in 1900.
Broomhall cabled that the Continent had
and that the moderate stocks of white
wheat IN the United Kingdom were causing
more or less nervousness IN that quarter.
Minneapolis wired that weather. in the
Northwest of late had been u:faVorable
for seeding, and that some anxiety existed.
owing to the quantity being used for seed.
English country markets were quoted 1lan5
penny higher. and French markets were
steady. There was only cargo on the
English coast awaiting sale. The weekly
crop bulletins were in the main favorable,
although insect damage reported III the
Southwest. Rain is said to be needed on
the Pacific Coast. 80,
Conditions in Kansas. however. are said
to be excellent. The clearances at the sea-
board were moderate. 225t09 bu.. receipts
IN the Northwest We're a little short of last
year. but the primary movement was no.
wv Dl. larger than a year ago. Northwest
elevator interests were reported as buyers
of May here and sellers of July. the spread
narrowing. st. Louis was also reported as
Il; buyer here. Around 13c for July there
was considerable local realizing.
Duluth receipts We're .j cars ana at Mn
neapolis 209 cars. a total Of 80. against 1874
yesterday and 80 last year. l-,c". .e,eiY,s
here We're 81 cars. against A. last year. There
was only l car received here contract grade.
The local estimated receipts for tomorrow
are 40 cars. The receipts at Western points
were 4i5.6H bu., against 23i.o2i last year.
The shipments from primary Western
points were 29i.423 bu.. against $500 last
| year. There were 22i,471 bu. wheat -four re-
| ported for export.
May wheat opened at Tl'2c to sc. and
Closed strong at l21sc: july, opened with
sales at nc to 7a,,ic and closed at 72ssc sell
Corn.
Corn was again active. excited and higher.
MAY advancing to 4Si4c and closed at 4Sssc
or l9sc higher than yesterday. July closed
LI3sc better, at 4isT45c. Early there APP
| peared to be some stubborn selling in July,
and this had a tendency to check the ade
vance. The transactions to-day We're II
larger volume. and the market was broader
than yesterday. The attitude of long inter
est in bidding for May caused further coysr,
account.
Outside the weather. the surrounding coil
ditions were favorable for the longs. The
receipts here were light, only SO cars. 10 OF
which graded contract, against 100 cars re-
ceived last year, when 100 cars passed con-
tract. For tomorrow but % cars are prom
Used. The cables were stronger. Liverpool
I'D to I'd higher, London Ad lower to so
higher. Tn weekly crop bulletin stated no
corn had been planted yet Forth of the Ohio
River. There were rumors aftoat that the
marine engineers strike was about to be
settled. and this tended to help values.
Country offerings We're light and may not
be large before farm work is further out
of the way. July corn at one time was Csc
under May. The Western receipts We're
2s1,Oo bu., or less than half those of last
bu. larger. Loca! arrivals were 1OS,CW hu.,
and shipments $4,000 blu. The ~clearances at
boatloads were taken on the coast. With
drawals from regular elevators were 123.3lo
bu., and IS cars out of private elevators.
Bradstreet's decrease was less than eT-
pected, at e9I, $50 bu.. against 4l5.0OO decrease
for the same period in 1890. The local cash
demand was reported slow, the advance and
vessel situation checking business. The map
showed fair weather and continued clear
conditions are indicated. Outside markets
We're all strong and higher.
May corn was active and excited. OPEN
ing at 4612c to 41c, and selling up to 4S4c
and closing at 4S1sc.
Oats.
Were active, excited and higher. Heavy
buying of May shorts and on New York
nrHnrS cn rrta1 rrires I'm 1r hlt fhav rG1rI-
ed Sc and closed with Il net gain of 1lsMSsc.
July advanced 1l2c and reacted &c. There
slow progress made in seeding; Shipping
! houses took May and on the advance the
largest holders sold freely. creating the
reaction. There We're rumors or a sood
cash business, with $1,000 bu. sold here to-
The seaboard clearances were 116,0OO bu.
Bradstreets available supply decreased sc
local receipts were It's; cars, with 175 es-
timated for tomorrow. May oats were
s5a a2Szsc at the opening and closed steady,
to strong at 2Gasc. July was also active and
closed strong at 25isc bid.
Rye.
The market was firm to-day with very
! little trade. The demand was limited. and
offerings small. and the tirmness was Tue to
strength in other grains. Receipts We're 3
cars. There were withdrawn from puolic
were reported from the seaboard. Nc. = IN
store 5Olic: No. 3 in store nominally 47U
4Sc; May closed at about 504c. July soc
bid and O1sc asked.
Flaxseed.
The feature of interest in fax was
coming on the market of a round lot for
May delivery. 1t was quickly taken ana
brought the quotation of yesterday. 1t was
evidently long seed, which was for sale.
New crop futures in 4 nominal way were
considerably improved.
For Sept. delivery &c advance was bid,
and for Oct. the final bid was at &c advance.
The prices bid were. however, below those
asked.
The movement of flax was exceedingly
small, only 5 cars being received and 2 cars
taken out. Minneapolis got 3 cars. Duluth
none. For No. 1 Northwestern S1.61 was
bid: rejected $1.56: May $l.6l and ut a later
time a round lot sold SLIGO. TIL market
closed ut SLIGO. Sept. was salable at S.2T
and $50 was asked. Oct. s1.4 bid, this also
~ Timothy and Clover Seeds.
The market was exceedingly quiet, not
even enough being done to indicate any
change. Sept. at one time was $3.50 bid.
and finally Sis reported bid: it was held
at 81. 80. There was no trading. The clover
market was quotabie steady. 50 very quiet.
however. that there was little or nothing
to it. 1t is the closing part of the season
and there no longer is anything of interest
to note. The market still was %quotable for
poor to choice $6dl0.I5, fair to good s9a1o.2'.
contract grade nominally $1.
Range of Futures.
whsst-Nay ..gHSEa 81 H'sas: s..
SvNHn.-Apri S afi: ~