The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-21
ACTIVE MARKETS
LARGELY HIGHER PRICES
BULLS IN CONTROL OF
GRAINS.
Conditions Generally Bullish
Throughout the Week and Feel
ing Quite Bullish.

DoNeAopHueHtS throughput TIC past WSSA
in the local grain situation were such as
to give unmistakable strength to the diff
ferent speculative markets and increase the
bullish sentiment developed the week be-
fore. and at the same time enabled them
to do considerably better. Changes, which
were frequent, marked the course of the
different grains. but in the main the bulls
had pretty much the best Of 1t, n from
day to day made some sort Of an impress
sion, being much more successful In put
ting prices up. than their opponents were
in getting them down, and particular IN
keeping them down, a task that they found
impossible. Indeed strength and bullish-
ness were the main features Of the general
situation from the start to the finish. and
all grains. from wheat to oats. showed .
well defined disposition to do better. and
as they were most OF the time favored in
the way of news n conditions. they one
and all assumed a higher level right from
the sendof. and, though meeting with q
ing gains and practically right at the top
the last day of the week Witnessing great
strength and going out as It We're. in 3
activity ali through the week and made
most gains, but corn was a very good Sec
ond. with oats pushing that grain close.
Active trading, numerous ups and downs
and some quite violent changes character
lied the wheat market during the past week.
Pit interest, professionally and otherwise.
daily transactions were both large and live
ly. Bull backing was quite strong all Of the
week. and especially late. and there was an
times, which. while stronger and better de-
fined at certain intervals. was always pres
ent. One of the principal bullish factors
i %es fSata I'm the In West sse tep snd s a5S% yaal0a "
damage to the growing plant by insects. re-
ports that became more and more numerous
as the week advanced. and were later con-
and the Modern Miller Of this city. The cash
situation locally was. as usual, quiet, but .
growing export business was done at the
for the week, which amounted to 6.306, 700
bu., which, while less than the week before,
were over 100000 bu. in excess of those Of
a year ago. Gables were not very respon-
cially those received from the United King
dom, but the statistical position Of the mar
ket was not near as bad as It might have
been. The receipts here and elsewhere were
small and there was 2 decrease in the visi-
BILE Of 100000 bu. The worlds shipments
amounted to over lo.oSS.ooo b y: w which Oh in
against a falling on q year ago. On the
other hand, Bradstreet's figures were bull
ish, q decrease of 1,1l2.0O bu. being shown In
available east Of the Rockies. During tie
week there was frost predicted for certain
localities, which had q good effect, but it
ceived that did the trick for the bulls. The
shorts, made very uneasy n nervous by
these reports, their disposition to sell was
checked, and more than once they were
ually improved, and at the close were Nc to
to EQNc to h9Nc higher for the day, and
for the week showed gains Of 1Nc to 1H@hc.
May closing with buyers at INC to hQ9to
and July at 6s1sc bid.
Corn. to some extent. was cast into the
SaininE in price, did not show near the
signs Of prosperity that the higher priced
grain did. Still. while less than the usual
interest was taken in this market In q
ton most of the week and readily respond
ed to bullish influences. the chief Of which
was wheat; There J. ere, were S,s a nambe e. Of Other her
instance, were comparatively favorable, and
the crop movement and country accept
ances light all Of the week. The cash sit
clearances for the week were only a.1ss.oS5
bu., against 2.624,ooo bu. last week. and 81
10000 Blu. a year ago: Weather conditiong
a bad influence from a bull standpoint. the
change from wet unsettled conditions to
warm %springlike weather being bearish.
SUPPLIES nna5s ~s the Wis Visible iet incr easing but s syat'i bu..
and the amount afloat 81, 1000 bu., while Brad
streets figures showed a decrease Of 1,1<3.-
600 blu. IN the available supply: There was
not much change in the %nosition Of this
following the example of wheat. there was
a sharp upturn, which closed the market
Nc to We up for the day. and from Hc to
1h@1kc higher for the week. May being
quoted at NNc sellers. and July at 42xc
buyers.
and Influenced by the backward condition
of the crop. while quiet In a trading way,
were strong, and closed at an advance for
the week Of Nc to nc. The visible supply
fell of 12s. 100 bu.. but Bradstreet's avail
able showed an increase Of $1,000 bu. The
close for May was at 26xo, and for July &c