The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-23
WHEAT o W WEAKNESS,
BUT TRADE WAS GOOD.
CORN CLOSED ABOUT \ HALF
CENT HIGHER.
Oats Recovered From Early De-
preston - Provisions Active
and Slightly Higher.

REPUBLIC SPECIAL.
Chicago. Ill.,. June 2-whea' showed q
decided weakness to-day. but there was a
good trade with prices all lower.
Corn was weak early. but rallied and
closed &c to &c higher.
Oats were weak and lower early, but re-
covered later.
Provisions were only moderately active
and prices slightly higher.
wheat.
There was a very discourasing market
to-day and liquidation was general. Taken
IN connection with the depression prevail
ing at the close Of yesterdays session. a
weak opening was inevitable. Long wheat
came out in large quantities ut the opening.
for which there were no buyers except at
declines at from Nc to NC q bu. Number
Of shorts were. however. willing to accept
the fine profit thus shown since yesterday
morning. so hat the decline was checked
somewhat soon after the opening. From
o6Nsc and S6xc at the start. Sept. wheat In
about fifteen minutes. after touching SS,sc
Tor a moment. rallied again to CSC bid.
July during those changes in Sept. sold
from 66Sc and 66Ac at the start down to
~c. then up to e6>sc. II was a most graft
tying outlook for the farmers. but the spec
uiative holders Of the remnant OF last sea
son,s crop could not feel glad At the farmers
brilliant prospects. which were a death
49, " tNicT O~H pIcSIOuS ubpcS ~ nIOUt-
The foreign demand was no, improved BY
the lower prices Of wheat ruling here. Ant
werp reported g centimes equal isc) de-
ciIne. oSt a .cablegram from Antwerp to
leading shipping house said there was q lot
or absence of demand for wheat and prices
We're purely nominal.
The desire to take profits on short wheat
was. however. quite general. SO that the
long wheat coming out all day met better
casin. II n, the e: latter s ssi. OF. OF The session.
but at the close both July and SEPT. were
66hc. Showers were reported in the North
west. but clear and warm weather prevailed
over the winter-wheat belt. where the hsr-
vest is on. Liverpool quoted futures 'sd to
lid lower. London was also weak and de-
cltned Id to I'D. Paris was on equal TO %g
INC.
Brocmhal estimates the world shipments
for Monday at 100000 bu. and some in
United Kingdom The past week were $500 600
bu.. as against 10000 bu- the same week a
Receipts in the west. Minneapolis
and Duluth were 32e cars. against all last
year. Local receipts were 6 cars. against 10
last year. Estimated local receipts for Mon
day are Is cars The receipts at Western
primary points were ~ .3e7 bu.. agains; 5ss.-
13 bu. last year: shipments were $40. A3 bu-.
af EHports 81 81 w = sear ana age fo,r xsrs eoua, 70
Sl.bsS bu. Winter wheat was very quiet to-
day ard showed q decline of about Il. Trad
arrivals. which were taken mostly hy car
light shipping demand. Otherwise tra.ing
which we're ,sSen by REGULATORS.
Corn.
Small receipts of corn and poor grading.
where damage to the plant was feared.
caused q strong feeling TO succeed the weak
ness with which the trading In the cary
part Of the session commenced. There was
a fair trade and the Close showed Sd%c
gain. The buying was largely professional
and shorts covered on the advance. Liver
futures. C~learances were Isl. 600 bu and the
fresh business dore for export at New York
was reported at only IS boatloads. none at
al beng said to have been soid for ship
July corn. after selling clo-e to the open
ing at &2ssc. advanced from that price to
Friday; Sept. closed at csc: against HF.
price for Sept. went to A'sc.
Local receipts were 1872 cars. with $50 cars
estimated for Monday. The Western rnove-
mert Is much smaller than last year. but
i The e1 Ss., 5..ar Ma, Is siiIl ,asheT quiet; and
ceipts were $4,000 bu.. against $500 bu.
last year. Corn by samrie was quiet. I'M
and prices unchanged.
Oats opened weak. with the otner cereals
Both July and Sept. sold We below last
started in with the bulge In corn. and the
market firmed up hgAc. Sept. was he
stronger. anc mere was considerable buy
ing on the crop news.
Private advices for the most part bear
out Snow: report. The weather In Kansas
Is reported too hot for the crop. and the
Nebraska outlook il said TO he below las;
year. Early buying and selling was scat
tered. and there was no particular ~featur..
taking by shorts. Provisions interests were
supposed to have been buyers OF Sept. and
Armour was the chief seller OF that; de-
livery.
The local receipts were l4e cars. with an
esilmate Of l52 cars for Monday. Shipmsr.s
s~gsrsgated lo;G1 bu. as against isei?;
were foe. 7o bu. There were 90 bu. No. .
oats withdrawn from store. Oats by sample
were weak and nc lower. with moderate
Nothing Important was done in barley to-
day. OnertnEs were limited. Screenings.
mon to fair. asa isc: good. 50as7c: Sept. &c
0c asked. Ten cars were received to-
day.
There was nothing doing In rye to-day
and prices showed but little change. July
was a shade easier ard Sept. a shade better
cars. and there were no wfthdra walls from
store here. There were no export ~clearances
from the seaboard. No. . in store s7i.c:
No. . nominaliy 4si.c: June nominaily &c:
July Tkc: Sept. Fhc. and closed at that.
Flaxseed.
There was a quiet fax market. and prices
ruled very firm. In futures there was moth
ing done. and there were no offerings. Cash
seed to-day was steady at Sis. yesterdays
advanced paice: rejected. $1.Sl; Sept. N.ss
Oct. SIS bid. Receipts at Minneapolis
were ID cars and at Duluth = cars. Local
receipts were only > cars and none taken
from store.
Timothy and Clover seeds.
Timothy ranged ac below the close yester- !
day The country had moderate selling or
ders. The weather conditions were Improved.
Sept: opened at A.05. sold to 2.& and closed
at 9.S7l4: Oct. $50: country lots. Sasss
for poor to choice: fair to good. s.. 55a3. 20:
seed. s. .3Od3. a.
Clover was lifeless ard entirely nominal.
None whatever YVES offered on the cash
market. Poor to choice Se09: fair to COOL
S.SNS.S: contract SIS nominal.