The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-29
FREE SELLING
BREAKS ALL GRAINS.
GENERAL DECLINES ON
R.AINS-FEW REACTIONS.
Wheat and Oats One Cent Lower
Corn Three Quarters OFF
for Day.

WHEAr-This grain received a knock
down the first thing at the opening. the first
trades 1c lower al G7ssc to 67iec for Sept. and
T0l-c for Dec. Rains and cold temperature
in the Northwest and the drought believed
II be broken in the corn belt. being sup
Iiemented by Liverpool cable reporting
1lsd decline and continued liberal receipts.
of which $4,000 hu. at this point. There
WAS considerable wheat for sale. and after
n rally To 67aic for Sept. and 102.c for Dec
The market weakened to e71s11sc and lolac,
with sellers at these rates.
The market toned UP after this second de-
cline. the selling shutting off pretty well
and considerable covering by shorts, who
were afraid of the close over Sunday. Sept.
sGt up'tn 6i34c. and Dec. '0%ic bid. but at
close e,asc asked for former. and ,0sc bid
for latter. Crop news from the North was
good Foreign adyices were bearish-Lon-
dop was laid lower, and Paris lac OFT,
'htnsh spot in latter market UP 1c-aud eE-
portfrs were still out at the prices ruling ON
zig side. Ciearances for the day were
Favy. in flour and wheat, $4,000 bu.
III Cash Narket-Received 16.61S SKIS and lal
FNcars local and % cars through. Lower. but
market in good selling shape still Most
sales Of soft winter were to elevator buy
ers. who paid 1.c premium over sept. ear
lots selling, switched, to the house. at 5sc
to eli2c for No. . red closing at csc, and
No red at sc to s6i2c SKID. lots in ele-
vator sold at eeIac for No. . red. 6ii2c for
No. 3 red, 63izc for No. 4. Millers bought
lightly of soft winter. Hard winter sold at
Csc for No. 3 Kansas. or l2c over Sept, To
Inillers, but Turkey not obtainabie in lots
10 come in below 6s94c at close.
CORN-Weather map evidence indicated
the best rains since the hot. dry spell set in.
and private and press dispatches contained
more moisture than the map. Besides the
re In y-era besides
the wet cooler weather We're better reports
on the crop from the West So great was
the pressure to sell in the local pit that Sept.
opened iSsc lower at 5Jc. hit the offerings
were snapped up rapidly, largely, too, for
long account. \ quick rally To 59Ssc FOL
lowed. the flood of long corn expected 10
come out on the break falling 10 show.
Dee opened sc lower at $3.50.
Following the early reaction came a re
Sept. finally offered at 55a55iiSc, Dec. then
offered at 5eIac. Buying picked up suhsc-
quantity, mainly taking profits and closing
IN deals over Sunday, and Sc finally paid
Tor Sept. and 57c bid for Dec. At close there
Were buyers at 5saac for former and 56hsc for
latter, Country offerings reported to he in
crease If cash corn. Liverpool WAS UNI
changed, and London sd higher. Clear
ances, l7o.Oe0 bu.
Cash Market-Received, 81 cars local and
J car through. Lower and a small demand
sales Of No. at 90 z. and 5sl4c this side.
hut offered and unsold late at Sc No. .
yellow brought Csc, and No. 3 white at ''bsc.
oATS-The dump In corn and wheat forced
lc off the price of oats, Sept. selling at 35i2c
Later In the day the market toned up
some and Sept. sold at 55fsc. but little at
tention given the speculative market. May
. was offered at ssi5c. with that bid late. ;,
\ Cash Market-Recoived 10 cars local and
car through. Lower and not much of a
demand from any source: Sales delivered
for No white. s9al391ac for No. ) white
aud 36d5'i2c for No. white:
RYE-Lower again. but better demand,
and new at s0Isc this side.
FDOUR-Sellers have cut their prices on
9Tr about he. ,hs e as have the
basis, and It Is understood some local SELL
crs are offering at even lower rates than
cables, but sales of 5000 SKIS. made to Cuba.
the United Kingdom and Continent. Domes-
Tic trade very dull. Quotations on new
s.so;' straiehts S. 2sas.ss; extra fancy $50
as. 90 clear s2.65d2. 80. Hard winter in jute
s shs and 5Is ssa5 For eaasnrs spr fHF
wheat patents, old. sS.5OGS.6o in bulk. CSC
hi KSE f PL TSes: a, 20 in sacks
and $3.50 In bbls
coRNMEALIcity meal, T. o. b; SIS.
and pearl meal. grits and hominy. 50.
raands and orders from the West still pay
ing high prices, with sales of bran in large
and loo-lh sacks at Soc trk. this side. and
lot. The East entirely out and refusing to
entertain offers to sell at equivalent to 1Sc
z. trk.
HAY-Received ia tons local and 30 tons
through: shipped 105 tons. Market strong
and desirable grades ready sale. though
local feeders are not stocking up at the
price. Orders still being filled for the short
crop district of the West
Prices on track as follows: Old timothy.
l7.50alS for choice. S17a17. so for No. j, Sl56p
l6 for No New timothy. slsd16.5o for No.
!: sl5N15:5e for No. . Old clover. sl4G1
sia Da15.50 for No. ], alfalfa, Sl3..o.
LEAD AND SPELTER-Steady for lead,
which was salahic at $3.50 for soft Mis-
Souri,. and si35gl40 Qatter special brandt