The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-26
CORN CLOSED WEAKER
IN CHICAGO MARKET.
RULED EASY EARLY ON
SHOWERS IN THE WEST.
Wheat Was Fairly Active, but the
Market Was Neryous-Proyi-
sions Dull, Featureless.
REPUBLIC SPECIAL.

REPUBLIC SPECIAL.
Chicago, H., July 25.-Wheat was fairly
active. but the market was nervous. opening
lower.
Corn trade was not so heavy; ruled easy
early on showers in West; closed weaker on
local selling.
Oats were more on the scalping order.
trade not very heavy.
Provisions were dull and featureless; mar
ket narrow
The sentiment was divided to-day and
lower prices ruled early in the session. with
Sept. down to 7Olzc. Later rally took
place to 1l4c, but the final figures showed
a loss of &c to lie. There was large trade
early In the day. but only moderate husi-
ness was done in the latter part OF the DAY.
The early decline was Influenced chiefly by
the showers and cooler conditions in the
Northwest, the break in corn. rather feeble
response of Liverpool and London 10 the
advance here yesterday and bearish COM
ments Of the Price Current. which stated
that spring wheat conditions Were only
moderately lowered.
Liverpool quoted futures 1kaad higher
and London gained 1aqld. Paris declined
a4G1hc and Antwerp was unchanged. Inc
primary receipts were 100000 bu. larger than
last year and arrivals In the NortnWest
were also larger than in 1900. me upturn
following the weak start was due to the
recovery in the coarse grains: very heavy
exports. which aggregated 1,093.000 bu.. and
to reports of foreign buying on the coast. .o
making unfavorable harvesting conditions
in France. Further showers and cooler con-
ditons were predicted for the Northwest;
Samples of growing wheat from the R ,d
River Valley were exhibited. showing the
berry a tri1e small and slightly shrunken,
but otherwise of good quality.
tv,If for
bhls. as against 49,, 900 bbls. last week and
ILL., 600 bbls. last year. The primary receipts
eompa T with sso7 6sIe ba. for the same
ago. The seaboard reported 3 boat loads
and Minneapolis We're "a cars. as against
14s yesterday and 1870 cars last year: Local
receipts were q, "a cars. as against 1s5 cars
row. The receipts at Western primary
markets were s90104 bu.. as against $3.50
hu last year, and Shipments were SO .S2s
i i bu. ''@@'S anu '''A' N NN' -
Corn.
Corn was again irregular and nervous.
fluctuations covering range of PIC. There
was large trade and lower prices ruled
at the start, with Sept. off to Doc. followed
close showed sc to 1c loss from yesterday.
Private reports of rain IN Iowa and Ne
braska started market lower and stop-loss
orders were numerous. AT the decline the
offerings were absorbed by prominent locals
and long interest is now supposed to be in
strong hands. The buying was started by
reports from different sources of hot winds
In the Southwest, extending into Nebraska.
the kind most feared at this season, and
the market quickly responded to this buy
Ing. Price-Current reported crop position
further lowered and estimated yield at 1,675.-
OCcC0O bu. No rain Is promised for Kansas
or Missouri. but showers possible in Illinois
and Nebraska and Iowa. Reports from the
West were as bullish as any yet received. A
feature to-day was the increased country &C
mainly from ron Illinois points
I'D lower. London came I'd liver. Re-
ceipts were only 13S cars, with but 14o cars
promised tomorrow. clearings were the
coast only boatloads were accepted. Local
shipping demand moderate. but bids gradu-
ally getting closer to sellers ell rs views
$4,000 blu. on year ago. and shipments $685.
G0l bu. compared with l. 1872 900 bu. last year.
The action OF market indicated that late
portant. Advices from st. Louis and Kan
sas City continued in the same bullish strain
western advices denying the early reports
of hot winds in that section.
Oats.
Oats were erratc, with a liberal trade and
a good range. The fluctuations and volume
of business. however. were not equal to re-
cent days The action of the corn market
was largely responsible for the sharp change
III oats. ne OpeHiIs "dS "CdhSE duu
as@1sc lower on reports Of more general
rains, but prices quickly rallied 1@1ssc. only
to break &c. and at the close were easy at a
net loss Of sc.
The country acceptances were larger and
there was scattered selling by the commits
sion.houses. The largest sellers OF late were
with AS cars estimated for Tomorrow; Sea-
board clearances were 1900 blu. With
drawals here were 61.700 bu.
Provisions.
proyicIops urero up;pferecffpD md the
market was dull, there being DO particular
changes to speak Of The offerings were
limited. Hogs were in. good supply to-day
and prices favored the buyers. Receipts at
the leading Western packing points were
year ago. Returns of packing in the West
exhibited an increase Of 10000 hogs, COM
pared with the returns for the correspond
steady and prices unchanged. Domestic mar
kets were quiet and steady at former fig
| ure:.
reported, offerings being small and the de-
| mand very limited Prices ruled 5a71c low
! figures.
| mainly in the deferred deliveries. Offerings
Prices are without material change
Ribs were not so firm. only moderate
trade being reported. Prices were about
| the decline.
Timothy and Clover Seeds.
Market was dull with the demand and
business TRANSACTED in both cash and fu-
| lures, but hardly enough to reflect actual
values. Sept. s.. 40 bid, As asked; Oct S. 30
| asked. s5.25 bid; cash. old contract, A.750
s.I5; country lot noor to choice. @s.75Q5. 40;
$4.55a4.7G.
| Clover was higher for Oct. which had a
| bid Of Sl0.25 and 1910 asked. There were
some cash transactions at full prices Ponr
to choice $6a9.70: fair to good 7.50Qs. 30:
| contract $40.
F1axseed.
| Flaxseed was quiet and prices lower Re.
| ceipts were small, Minneapolis getting 6
cars and Duluth none. Local receipts were
| cars. There were no shipments Oct.
sl55; Sept. nominally $1.65: cash No. /, $50
| nominal; rejected, S1.7OQ175
| Barley.
Barley was entirely at standstill There
| were few samples shown, but no satisfac-
tory bids were received Futures were
| strong. Receipts were cars. Oct, Gle bid.
611sc asked: choice heavy new of good
color. b5G6oc; lightweight. 52a55c; very light
weight. used for mixing, 4Sd52c: screenings
F.! 42a5Oc: low grade, used for mixing, 46a50c:
common to fair mailing. 52d5Sc.
Range of Futures.
Articles Open, High; Low. Close.
sept ..... .:.:...7oMan ~ ssa '0a7 9s