The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-19
FLUCTUATIONS NARROW
IN THE WHEAT MARKET.
SPECULATIVE INTEREST IS
LOW AND FEATURELESS.
Corn Was Quiet but Firm and
Prices Held Steady-Oats Active
and Firm-Provisions Firm.

lineage. June H.-There was not much do
ing In wheat to-day. Trade was small ant
huctuation rather narrow.
Corn was quiet. but firm and prices held
steady.
oats were active. prices firm
PROVISIONS were active on good buying by
shorts. They held firm.
Wheat.
speculative interest in the wheat market
To-day was low and without feature: in
fact. the market might have been called
unii ana narrow. The excellent crop re-
ports appear to make the trade indifferent
anu prices rather sigey. Every day that
sunshine and rain continue TO be distrib-
uteo over the growing crops as of late. the
price OF wheat shows at the opening a
tendency TO decline. The weather map was
satisfactory to the party in the market
mat desires large crops and consequently
There was some pressue to sell at the OPEN
ing. Sept. wheat. which closed yesterday at
css.siss.sc. started this morning at Gsi:ip
oSesc. down TO 6sisc and as low as esrsc be-
lore there was enough buying to cause a
recovery. The opening decline and subse-
auent recovery referred to occurred during
the first half hour Foreign news was less
Luliish than 1t was Yesterday, and, as had
already been remarked, domestic intorma'
tion was no less bear.sh. So that the pre-
londerSnce OF influences OF that hind Ia
Ntifd bNtE FIiNtS. anu Vet tNcN @ACHtt
such recuperatiye power as is indicated ny
the course OF fluctuations during the tne
referred TO.
Eradstreet's statement Of the worlds visit
bic supply was a disappointment to the
bulls, showing $500 bu. increase. Instead
OF about $1,000 bu.. as some OF me FORE
casters OF the future had led tnem 10 eN-
pect. The market lost the recovery II mad
made after the nSures of worlds visible
were mace known. dropping quickly from
sss.c To bS%c. and then stead.ed Itself
:arolnu M. Tor n llvc ftfvs. OUTSIDE OrctFS
We're Few and TAR betwscn ana even i"cd.
scalpers were not inclined TO venture iar
answer 10 an l|Iuiry wireo from n'ie
yesterday d:%Coming wheat promises
generally ~very/weli." and that led 10 doubts
of the correctness ,i a cab!ef am from
Antwerp me day before reporting serious
injury 10 Russian Wheat from the eA'teihS
wheat. Liverpool cables were uhcndhs.n
to sd lower on futures and from I'D GOWN
Tor spot. Paris Was up equal, 10 &c a pu'
while Antwerp was unchanged. ,s,
The local receipts were IA cars. az as!iH''
a0i cars last year. The estimated Local re-
CENTS Tor Tomorrow are 80 cars. The re-
ceipts at Western primary points We're 4so.-
Sal bu-. as against i3l.uV) bu- last year.
pine from there were z-z.a0 pu-. as
against 1ls.669 bu. last year.
Exports OF wheat and four we're eouat
.3a3, Io tu. The receipts Of wheat AT Du-
luth and MiEnea polls to-day were 81. cars,
as against 81 last year. Contract stocks
OF wheat in Chicago pubic houses snowet
a decrease OF i3c.lJl tor the week anu are
now 5.a5l.oS6 bu-. compared with s.-si''i' ou.
year
There was a dull and embarrassing corn
market at the opening OF the session to-ca!.
but prices sOoa developed more ACTIVITY anu
a firm tendency on small receipts ana hght
country offerings. indifferent cables ana
good weather was the depressing
factor carry. When the uptUrn IN oats
came commission houses entered the market
as good buyers OF corn and this had a
Ienoency to strengthen the feeling
There were some reports Of eutworms In
Of Iowa ana Missouri. and w.th
offerings. prices enjoyed an uptufhs
,ut only to decline again later Ia the day.
The worlds available supply for the week
yo2.e 80 bu.. compared with an in.
,rease OF 1,ucl.GO bu. a year ago. Liverpool
anne unchanged both on spot and futures.
III. for the week and is now &.ss',vS bu:, |
compared with 2.552. AZ bu- last year. Cash
'ales here were said to be large. but there |
The local receipts were 2a cars
With lo cars estimated for Tomorrow. 4
primary receipts wire 4l5.VO bu..
onpared with o5i.Vv bu. last year. /
Clearances from the seabosrd were $4,000
u The Withdrawals from unlicensed eie-
ators were l5f.C01 ou. Car lots were in
Moderate demand. The feeling was firm and
rices somewhat higher. Corn by sample
Tas in fair demand with a hrm feeling.
Oats.
There was an active market to-day with
great deal OF excitement at times and q
.rse crowd in the pit. The average of
rices was higher and the top fig Ires were
Ieil maintained at the last. They showed
gain of Ssc on Sept. and May deliveries. |
ut July was without chang. There was no
articuiar news to influence trading and at
mes offerings were liberal anu came from
pine OF the largest holders.
Provision interests who were large buy
RS last week were the largest sellers at
mes. but all offerings were greedily taken
y and the price moved up. Shorts were
buyers. and there was also a great
cal of new buying by commission houses.
ept. was most active and showed the
lost strength at the close. although there
10000 bu. July and Sept. end
nat surprised the trade. The feeling was
lore bullish. and as prices advanced the
urchases increased. Cash business was
In round lots. and no eales were re-
orted. Contract. stocks decreased $4,000
u for the week. and are now 3,o19. 90 bu.
he. available supply increased SS7 900 bu-,
SA' cars. s'1 with on rs ia cars see estim msseipi for were sos
lorrow. Withdrawals were $500 bu.
Provisions.
provisions were quite active and the
'eIlng was decidedly stronger. Outside pr
RS were larger and local trading was con-
derably improved. shorts Were quite
lxious about their outstanding contracts
- purchased with considerable freedom.
were not very large. and the
'mpetition for them was quite active. The
niger deliveries met with considerable
vi. HiitcS FuieO materially higher on
! the Leading articles. ard extreme figures
ere Iuiiy supported TO the close. Mapfet
osed rather strong. Hogs were in mod
i.te supply. and sold at slightly advanced
ices. Receipts at the principal Western
lcking points were m at "a aO
impaired with $500 one year ago. Fur
markets were quiet and steady AZ
rmer nSures Domestic markets only
active at about former figures
or products were fair and sh,p-
snts were moderately large. The in
on shipping account was moderately
i've: and chiefly for spall quantities.
lporters are a little but offer
8 were 1air: Sales are also fairly liberal
d prices well maintained.
Flaxaeed.
FAX was some higher. a sale of cash
1 was made at ST. or at Sc adyance
zen later there was an Improvement TO q
81 oIG. oeihG &c gain. Cash hax is scarce g
q arrivals are running small. Stocks are =
ing Gown. local stock last week falling -
lffz bu-. leaving o.lei bu. here; a wear 7
Q none remained. Arrivals were s cars u
q 2 cars were taken. At Ninne,noss G
d Duluth the receipts were 5 cars. a few "
9 lots were offered. and they had To be :,
IA at a discount from car lot prices. M !.
!eiivered Si..s: No. l grade SIS. Futures ~
re very quiet and strong, but dtd no.
ange SO much as cash flax. Sent .oId \
$1.sl. being the figure which ye.fenI.w
8 asked: Oct N.s bid. nc better.
mango of Futures.
open- High Low. Cose.
* - ~ ;sgss '. {: .ssss ..s
aiy 49,. 1890. isi. al, e =. J