The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-23
WHEAT AND CORN
FIRM AND HIGHER.
LATTER MADE NEW TOP REC
ORD, 461-2 CENTS.
Advance of 2 Cents Over Satur
days Closing-Oats Higher
Provisions Steady.

49, SAH
Chicago. ILL.,. April 22.-wheet ruled frm
and prices were higher. Corn was equally
as firm and closed higher with a new top
record. Oats were also firm and higher with
provisions steady. closing at about their
opening prices.
There was a larger trade and a broader
acuVe market, fluctuations covering 1lsV
lac range. Higher prices ruled, a bullish
sentiment developing. May selling to 724so
and closing at 72lsc. or about 1kc better
than Saturday. The higher cables. both
English and continental. decrease on ocean
passage. and liberal reduction in the visible
supply were among the main bull influences.
me advance abroad was reported due to
pad reports from Germany. Liverpool
qeoted spot steady to 12c higher and flu
lures up Use.
London gained 1a1Isd and Berlin advanced
a1sg!Nc; Worlds shipments were officially
at S.2s6,oVO bu., against $4,000 bu. one year
ago. me quantity on ocean passage de-
creased l,64O,VN bu, and Is now Al, $4,000, as
compared with Al, $4,000 bu. the same date
last year.
Ihere was good commission-house buying
early and active covering by shorts. several
iarse lines being provided for. st. Louis
bought. On the bulge there was local real
izlng and selling by the Northwest. There
was May liquidation, elevator interests TAX
ihg the offerings and selling July. The Wis
ipie supply. decreased 2,UD5, 900 bu., against
4os.WV pu. decrease a year ago.
Inc total Is now reported at 1885, 900 bu..
against a4,Sl4,WO last year. Local stocks In
public elevators and afoat decreased 35S. 900
bu: The English visible supply increased
l.2.S,Wo bu,. against 1896 Nv decrease the
same week in 1900.
l.l29.oU bu. partly for two days. On the
coast fiftv-three boat loads were reported
taken. The local cash was reported to be
moderate. The wire service with the East
still Is poor and restricted business. also
the advance in futures. Receipts in the
Northwest were the same as last year. while
nyl n ~ -yn. 1pS aA t, .---~
Generally clear weather was indicated.
Wichita. Kas.. claimed that the crop in
that State would be the largest on record.
Duluth receipts were Is cars. while Mime
apolis received So6, local receipts were Sc
cars. against As cars last year. There were
no cars of contract grade here. TIL esti-
cars.
May wheat opened at 71ac to ike, sold
up to 72ssc and closed strong at 721sc.
May corn made a new record. advancing
to 46lsc. The gain was very well MAIN
tanned, the close being 462lsc bid. or just &c
higher than Saturday. July sold up to 45c,
being nc discount at one time. and closed
lac better.
Trade was Of good volume. buying by
shorts and bull interests being the principal
feature. Light receipts, higher cables. small
offerings from the interior and unseason-
able weather were the strengthening nflu-
ences. The market was undoubtedly helped
by reports that the long interest contem-
plated taking In their corn on May con-
tracts.
The decrease on passage and visible also
aided the upturn. Worlds shipments were
1885,, 60O. against 3.7S3, 900 one year ago.
The quantity on ocean passage was re-
d s5'@d b a;4ls = 600 ,n ba.ii 10 a hssl om Il . nov xssr dow ago 1 to g.
pool reported futures X higher. and London
gained 1tG&d. There We're only eighty-six
cars in. with eight contract grade. against
There are 40 cars estimated for Tuesday.
The visible decreased. COL 900. as compared
witt $4,000 decrease in the same week in
1900. The total visible Is now 2l,32S. 600.
Wainst "a, 1l4.0N blu. in 1900.
Local stocks in public elevators and afloat
decreased $50. 900 bu. Western receipts were
signal service predicted fair and colder con-
ditions with frosts for Illinois. Kansas and
Missouri. with milder weather to follow.
16 boatloads were taken. The outside mar
kets were all stronger. May corn opened at
44Sc and up to 4s7ac. closed al
Oats were active. stronger and higher,
prices advancing. &c, and closed at about
other grains and on buying by several large
local longs. On the advance tho latter be
came sellers. but the price held we'll. An
was taken as Indicating delayed seeding.
Cash business was cut or by the advance
and by poor y communicates ~ With the n
seaboard. The visible supply decreased $780,
600 bu.. and local stocks In store decreased
S02. 600 Blu. and af1oat 672 1000. Seaboard clear
| ances were 16, 200 blu. There were 200 cars
| received with 435 estimated for tomorrow.
May oats opened at 25A6Ac, sold to 261kc
| and closed strong at 5AG26c.
Barley.
There were only a few sales, and they
were scattered over a wide range. The de-
mand was very limited. 1t was a dull mar
| ket. Seventeen cars were inspected In:
Tl,ara q A mn IN, decrease in the local
stock, and the visible supply decreased 101,-
600 bu. last week. Screenings sold at 2S4S7c.
Low grade was quotably 40146c, common to