The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-31
CORN RULED HIGHER
IN CHICAGO MARKET.
MARKET WAS ACTIVE UNDER
GOOD LOCAL BUYING.
Wheat Was Moderately Active
and Firmer in Tone-Oats
Opened Heavy.

| REPUBLIC SPECIAL.
Chicago. ILL.,. July So.-Wheat was mode
rately active and frmer in tone largely q
local market.
Corn was more active to-day and higher
under good local buying
Oats We're heavy at start, but at close
We're strong, probably in sympathy with
corn.
Provisions were firm and the market was
steady.
Wheat.
Wheat opened firm at from &c to sc
higher than it closed yesterday. The LIVER
pool wheat market was not as weak as was
expected, seeing how great was the decline
on this side yesterday. The decline in
futures in the English market was ouly
t4d at the opening. compared with the &c
urop here the day before. and the receipts
IN the Northwest numbered only los cars. as
against sA the corresponding day of the
previous year. The receipts favored the
ouiis ana caused the firm opening. Spot
wheat at Liverpool was reduced in value to
'iie extent of from a,d to ID Chicago re-
ceiVeu osi cars, as against SOL the CORE
spending day last year. There were cars
OF new spring wheat received to-day. Ant
"erp quoted another decline of tsc a bu
following one Of lac the day before The
most favorable for harvesting where the
grain was ripe. Under this influence Sept.
wheat declined to from Csc and GSisc at the
opening to 6I5sc about 10 minutes later,
but 1t rallied again, the market being some
what oversold. and. therefore, sensitive to
the pull features of the days information.
Receipts at Western points We're ll23, 1877
hu., as against $685. bu last year, and
shipments We're 1924 bu.. as against 606,645
bu. last year. The estimated receipts for to-
morrow are 265 cars.
The final figures to-day showed an ad-
vance of from sc to lc Some Improvement
in the outlook for spring wheat was re-
ported from Russia. There were advices
from the seaboard OF IL large export bust
ness and there was buying of futures for
the Continent. This was responsible for the
rally to some extent.
There We're 2l0 boatloads accepted at the
seaboard yesterday and to-day Clearinss
We're iiberai-5a0,G00 bu. Bradstreet's avail
able supply increased 5.9lS.gyo bu, against
2So9,Gco blu. increase for the same week in
lVu. Exports of wheat and flour were equal
to e92,S6i hu.
Corn was quite unsettled, fairly active,
and the fluctuations covered 2IsGt23sc range
i ne leeilnS at The start was nm. ana the
terday's close, but drop OF sc followed
and then a rally of 2isc. First cables were
u Siei ana caused llIe early strength, scat
tered selling later bringing about the de-
CINE. friVate crop reports came in bullish,
that OF a prominent farm implement con-
Germ being particularly so, and induced
buying by the locals. The seaboarl was
also a buyer. Shorts covered freely on the
upturn. The weather was favorable, heavy
rains In Missouri. Kansas and Illinois, and
showers reported elsewhere, with fair and
warmer weather predicted for Nebraska
Indiana and Iowa, with showers for Kan
sas. Missouri and Illinois. Liverpool quoted
futures unchanged to I'D lower, ana Lon
don came h4i2d lower. Local receipts were
small, 26I cars. as against 612 cars last year
with only l6t cars estimated for tomorrow
Country acceptanceS We're more moderate
The total stock here is now 12,OSl 800 b1..
compared with $4,000 bu. last year Brad
streets available supply increased 3SS, 900 |
bu., as against 1,i52,01o bu. decrease same |
week year ago. Clearings We're small.
only 1900 bu.. and 22 boatloads taken
on the coast. Western receipts were |
ana shipments We're $4,000 bu., against $780,
so bu. one year ago. The close showed |
Sept; up 1lsG1i3sc,, Dec. 1sic better, and May |
l3sc better
oats We're unsettled and active. The
openins prices We're lsassc higher than yes
t!erdays close, but weakened and lost |
sos. only to advance again Iasc for july |
ana FEC Ter other months. The weakness |
was caused by sympathy with other grains |
ihu tne advance mainly came from infiu-
ehce OF corn. Stocks decreased 1,O96. 900 blu.
ist week IN public and private houses and |
are now l,S5l 600 bu. The available e,Inpiy
decreased 1253.cG0 bu., against $40 Cno h,I
asst year Country acceptances were small.
Local receipts We're 3Si cars, with 2O0 esti.
mated for tomorrow. The close was fairly
'uohg at the top prices for the day.