The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-27
JULY CORN REACHES
F0RTY-SlX CENTS.
TRADING IN MAY WAS LESS
ACTIVE FRIDAY.
Wheat Was Firm-Oats Strong
Provisions Dull and Lit
tie Doing.

REPUBLIC SPECIAL
Chicago. ILL.,. April 2s.-The wheat market
was firm to-day: the little advance was lost.
but the close was steady.
corn was less active, with the May deal
more settled. Phillips bought July and
made the best price of the season SO far for
that month.
Oats We're strong in sympathy with other
grains.
Provisions were dull and little doing.
Wheat.
There was a fairly good trade, the bulk
OF which occurred the first half of session.
Feeling was again bullish and still higher
prices We're scored. May selling to 1890 and
y ;haS TO .ssc; Part Of the grain was held,
chief bull incentive was the cables. The
English markets were all higher and
Que presumably to reports of drought
throughout Great Britain. pasturage there
being reported as already suffering and
rain much needed. Advices from Germany,
too. We're bullish.
winter up &c and futures sc higher. Lon
don came strong. AM1c higher. English
country markets were higher. Paris gained
nc to 12s.c, while Antwerp was unchanged.
Dry weather continues on the Pacific Coast
and crops there are now on the danger line.
Commission.houses bought July wheat free
y iIu IoCdt SHUTS were lis SOOu buyers.
Crop reports from the Southwest were very
conflicting. Conditions in Texas were re-
ported further lowered by rust. and also
said to be ap~pearinglin Oklahoma.
Insect damage was also in evidence. Ar
gentine shipments were larger this week. at
,S52, GOO bu:, the visible there :decreased 1884,
q little ahead of last year. Stocks in the
Northwest are figured to decrease It's 5000 blu.
The visible supply Monday will probably
show a large decrease. Cl%earances to-day
wnrn CrYnlInr 81 NM 6y nn6 n YhA y-n4lr
4,2S2. 600 bu.. against 1851. 1000. bu. a year ago.
On the coast so boatloads were accepted.
The ,E i9e Gad cash demand was fair: Sales
as buyers of futures here at the opening.
The selling OF long wheat by early buyers
caused 1a1Isc reaction late in the session.
July cl sed 735sm73Iac.
Receipts at Duluth were % cars. and at
MINNEAPOLIS FOG cars. Il total of 29 cars.
asainst 21 last year; The local receipts
There were no cars 81 CONTRACT prado In
the local receipts.
The estimated arrivals for tomorrow are
50 cars. The receipts at Western primary
points were 35S,37s buy. against 245 $50 last
year The shipments were 232. Isl bu.. against
424, 92l last year. Exports of wheat and flour
were equal to 239, SIS bu.
July wheat opened with sales at 73hc to
13&c and closed at 1890 &c. May opened at
7Sc to 73Ac and closed at 7Sc.
Corn.
There was a smaller trade in May and
afAlaSl puSiIleSS III july, the dQNdUCS
vi the latter delivery being the chief fea-
ture.
Bull interests supported the May and COM
mission houses took July, this delivery max
ing a new record of 46c. May closed a shade
higher, while July closed S41sc higher. The
market acted as though the short interest
In May had been materially reduced. Light
receipts and strong cables were again Tie
bull factors.
There were 81 cars received. with lis cars
estimated ,rs df for tS S;ns ri Liverpool quoted
tons came Ad to lad higher. Argentine
shipped AZ. 600 bu.. making 2.793. 900 bu. since
Jan. L or 2sss eco bu. less thsa q year
against 1Gs.OW blu. the same date last year.
Among the bearish features were the re-
rorts OF rapid progress in planting through
the report of the Orange Judd Farmer that
blowing was making good progress. with no
present likelihood of any material delay in
planting. TIE country acceptances on cash
were freer and c~onsignments. are said to be
charging. The primary receipts were 1893. coo
blu. and shipments $4,000 bu. The clearances
bu.. against 3.S2l.0W bu. the same period
On the coast 10 boatloads were taken.
improving. A decrease is expected Monday
in the visible supply. 4 year g the
visible supply decreased 2.1sS,G go bu; Around
for sale. and the price receded to 45Ac.
Nav corn was less active. opening at 4Sc
to 4SLc and closing at 4Shc. July was
stronger and more active: opening at 45sc
to 45sc and closing at 45ss145Ac.
Oats.
Oats were active and higher. July was
bought freely on bug stories from the South
west by Eastern traders. Shippers bought
May against cash sales which aggregated
eGN,000 bu.. and at the seaboard there were
10000 blu. taken. The export clearances
were 1910 blu. Selling of futures was scat
tered. Orange Judd Farmer says seeding
Is completed, except in the North, with the
area equal to last year. Arrivals were PA
cars, with 235 estimated for tomorrow.
May sold at 26la@ssc at the opening and
closed at 261sc. July opened at 25ss@Ac and
closed at 25s4c fairly strong.