The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-18
WHEAT CLOSED HIGHER
IN CHICAGO MARKETS.
THE CROP-DAMAGE REPORTS
CAUSED BULLISHNESS.
Corn Was Firm on UnfavOrable
Weather RepOrts-Oats and
Provisions Steady.

:, Weather Reports-Oats and
c Provisions Steady.
REPUBLIC SPECIAL.
Chicago. ILL.,. April 17.-Wheat opened &c
higher than on Tuesday on reports of frost
and Hessian fly. and at the close the ad-
vance was held,
Corn was firm on reports OF unfavorable
weather.
Oats were steady with provisions quiet
and steady.
Wheat.
The wheat market attracted only moderate
attention. the bulk of the business being
local. with fluctuations confined within tsc
range. The feeling was Il little mixed. but
the undertone was fairly firm and the close
showed May 7094c bid. or full Ac higher
than on Tuesday. The start was Il strong
one, with the buying by commission houses
inducing local operators to purchase. The
cold. frosty weather West and action of
coarse grains helped values. as did the re-
cent liberal cash sales. May advanced to
1r.sc. reactinI later to 1Vssc. professionals
seiiing. the trade imagining. II large long
line was being liquldated. An advance to
dc soon followed. the close being near.y
steady as noted above. The sigllai service
predicted rain for the Middle states ana
continued cold conditions West. There were
heavy frosts reported in Missouri and Kan
had occurred. Liverpool quoted futures
steady to &c lower, while London came 40
&c higher. Paris was steady to &c lower
and Antwerp was unchanged. Topeka, kas.,
wired that the Hessian fly had appeared IN
the wheat fields in Mcpherson county.
Kansas. but that the cold weather was ike
ly to check any damage. Receipts IN the
Northwest We're "a cars less than one year
ago. but the primary movement was report
ed to be $4,000 bu. larger. Clearances We're
81. 600 bu.. and on the coast 40 boatioads
were accepted. The local cash demand was
not so good as on Tuesday. There were 25D,oD
| bu. reported. mostly for milling, account.
ported as increasing 100000 last week.
Duluth wired that the cash situation was
Strengthening May wheat. but marine en-
| gineers' strike is causing an unsettled leei-
ing. The latest strength was supposed 70
be due to damage reports from the south,
west via St. Louis. Local professionals ana
| outside markets generally were frmer. -,
Duluth received 80 cars and minneapolis
got 1873. while the local receipts here Were
here there was l car contract grade.
Estimated receipts for Thursday are %
cars 900 The reeei ss "a at ,a Mes Hsan ps sbipm Mets
from Western points 81. 433 bu., as against
S.. 9lS last year.
There was a moderate trade in corn and
a steady to firm tone prevailed. May. SOLD
at 44Sc and July to 4fsc. The final fg-
ures were about the same as Tuesday. Tn.
favorable weather and hghf mo faciora
though the reported sale OF 100000 bu: cash
late yesterday also had a like tendency.
delaying the spring work. and the Signal
corn belt thursday. Fair and colder
Mea some SECTIONS. SECTIONS. f Receipts we're e only iss
cars. of which 10 cars graded contract.
There were 1893 cars received last year.
The only feature to the trade vas the sell
ing of May by bull interests. who were
credited with buying July. which Was &c
1c premium. Cables were stronger. Liver
pool quoted futures &c higher to &c lower.
while London was up &c to &c. and car
the the seaboard were $500 o bu.. and 10 boat
loads were taken for export. Shippers in
some cases claimed cash demand was bet
said to be direct export via Portland. The
Western receipts were 100000. shipments
l'''o". . o.f.
Active. with cold weather: delayed seed
ing and buying Of May oats by shipping
houses a factor. Prices advanced Ac for
ly crop bulletin said seeding is being
rapidly pushed. with some done as far
north as Southern Minnesota. 1t is cold
over the West. with freezing temperature
in Kansas.
These were the bullish influences. There
were heavy purchases by shipping-houses
sales were 10000, with rumors of more.
The seaboard cleared 0.0O0. Local receipts
were LIS cars, with $50 expected Thurs
May oats were active. opening at $3.50
25sslc, and closing at 25ssc.
Provisions.
Pork-The trading was chiefly local. Mar
ket opened rather easy. and prices ruled &c
to &c lower, but q steadier feeling pre-
vailed later and prices rallied NC TO l0c.
The outside figures. however. were not
closed steady at $l4.O for May.
There was a moderate lard trade, with a
easier feeling. Market opened with
lower. Toward the close, after a rally
of about 2l15c. the market settled back
again and closed comparatively steady.
May opened at $s.lO. sold at sS.O71la.
where it closed.
Ribs-There was a fair business reported
IN ribs. and feeling was easier. Offerings
were not very large. Market opened with
4 little pressure to sell by holders of mod
crate quantities. and prices We're 2ha71ac
Iailed and prices rallied 21aG5c. but toward
The close receded again and closed rather
steady at inside figures. May was in fair
close was quiet at 1915.
Flaxseed.
There was a strong flax market with
prices higher again. Old crop seed adj
'anced 1c and the new was materially bet
.er. Sept. closing at &c advance bid and &c
,ver the last quotation was bid for Oct.
There was a fair output. Stocks decreased
last week and the cash situa-
ion probably was regarded as strong. There
we're 10 cars received and 10 cars output.
received 3 cars and Duluth got
car. Rejected was nominally 81. 50d1. 90,
No. /. northwestern in store $1.5. and a
mall lot of No. l delivered at $1.5S. May
old at SLIGO, and there were sellers at that.
sept. sold sparingly at $1.D and finally 1913 II
vas bid =
Timothy and Glover Seeds. /,
There were a few cars and sales were tt
made at prices which indicated not only h
readiness, but possibly SC Improvement for P
ash seed Of good quality. There was u u
range for cash seed Of $685. 20 for y
,oor to choice inferior. Contract grade was p
Iuoted nominally at $.75q3.s0. Sept. seed 81
offered at s.. rs. No bids were al
leard. Glover was steady. There was no &c
hange in the price quoted. Prices could be p
btained as follows: $6910.75 for poor to II
hoice: fair to good $9@lO.25 Contract grade
bout Sill. F.:
Barley.
Only two cars were inspected in. Barley
vas salabie and that was about all that !,
ould be said of It.. Values were steady. but ]
uyers would pay little or no premium for
grades. Only two cars were inspect
in to-day. There were skimmings sold
t 33c, and some poor screenings at &c. Low
rade barley nominally NG46c and common
fair 48G51c; good 52G56c.
Rance NJ EnfnRRa