The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-23
MOST ACTIVE DAY OF
GREAT CORN ADVANCE.
Observation-Disclosures NEWS
SENT ALL MONTHS UPWARD.
Gain Was 3-4c to 43Sc-Immense
Trade in Wheat-Oats Ex-
cited and Higher Also.

Chicago. Ill. July 22.-Wheat was active
and prices We're some higher to-day.
Corn was active and excited. and closed
&c to 4ssc higher
Oats were excited and higher on weather
! reports.
Provisions were quite active, and consider
ably stronger in sympathy with advance in
; grain.
Wheat.
An immense trade was done in wheat ana
the market was Wild and excited. prices
covering a range of from Sic to 414c. Much
higher prices ruled all around, and at the
close showed gains of 3'sG4c. The opening
was somewhat irreeular and excited. and
snort covering and investment buying caused
Il sharp advance, but the bulge in corn
ana oats and damage claims in the North
west We're the main strengthening features.
snerts We're active buyers on the upturn
cessive heat in the Northwest was one of
the bull factors. and fair. warmer weather
was Indicated for the next thirty-sX hours.
Minnesota reports harvesting returns as
disappointing. Realizing was feature at
the advance. Statistics were a secondary
consideration to-day. the weather being the
moderate. 7.6l4,e00 bu.. compared with T.
otioeo hu last week and $4,000 bu. one
year ago. The quantity. on ocean passase
showed large reduction. 1.9S4oo0 bu. to
corresponding time year ago Liverpool
1 trss sn2ts sste,dy to 20 hisaer and fu-
err gaining a.@ll.d. and Paris was up equal
| to lie. while Antwerp was sc lower.
than a. a year ago, tut the primary movement
was 3to,"o0 bu greater than in 1860. Clear
mss We're immense-1,l55.0o bu., and on the
coast boatloads We're accepted
The visible supply decreased 29S.00O bu.,
against $4,000 blu. decrease last year. The
total to- IS now 27.6sloo b1.s asainst 45,631ooo
ago; The local pubic stocks decreased 49,
Ooo hn, and are now S.S77.OOO bu.. compared
VITA io5'b,WO bu. one year ago. outside mar
kets an closed lower. Receipts at Duluth
am minneapolis were 454 cars. against 272
cars saturday, and 1863 ears last year. Local
, year
Estimated receipts for tomorrow are $40
cars; Wlthdrawals here were S794oO blu. Tho
sstS.isl bu against 1.li9a51 bu. last year.
shipments from there We're 7ol 245 bu,
against Sss, $50 bu. last year. Exports Of flour
ana wheat were equal to 1,156,Qo4 bu.
{ Corn.
Much higher prices were scored to-day
Sept went up to 597sc., Dec to 6oHc and
NAY. NAY to 6s,sc 1t was the most active and
weather OF course was again the dolni-
nant factor-no rain and temperatures high
I with with country advices most bullish The
signal service again indicates no relief from
rains. and operators comparing the
situation Tsa!o with the great drought Of 1894. WV
and the market rnah to buy at the start
w WI 5sa the liquidation. Reinstating
' D. long lines was feature. Gables were
, up SHARPLY gny snot at Liverpool Id to 1d
gained sd to 1lsd Shorts came In freely
I OH the early bulge. Worlds shipments
s Me5e ~ w., ;, bu previous week. 6s29ooo bu
hoeal receipts We're go cars. with 200 cars
OK sHp eSs ED for to.m2rrow. Clearings were
.u'cN' bu., and II boatloads were taken on
the coast. Western receipts were 557 900 bu.
against $4,000 bu. last year. and shipments
We're 2.fo0o hu: and 1.S95.Oo0 br. a year ago.
most sensational that have been vet re-
ceived,. and the visible supply decreased
Ss5."o bu.. against only 5000 bu. decrease
against 13,5250oO bu. in 1906 and 1881, $50 bu
two years ago. Local public stocks in
creased ea $4,000 blu. to 6.5l2.OoO bu against
4,204.G 200 bu. one year ago
The close showed gains all around
Oats We're excited and very active, with
but one influence-bad crop reports and the
advance In wheat and corn There was n
| wild rush to buy from the start. and prices
We're llsc to 2;sc higher at the opening.
lAc followed. owing to profft-taking on a
| large scale, but this was followed again by
At the outside prices were up &c to sssc
| from saturdays close, and the highest prices
reached since 1894 Cash sales were &c 0uO
bu; to go 49,, east asst The visible. supply de-
| creased $4,000 bu. Withdrawals were 7Ogol
nu. Al the close prices were &c to &c
| from the top
The new crop of barley was again dull
maltsters standing out of the market, as
that on sale had not passed through the
| sweat. On the other hand. there was no
disposition on the part of sellers TO force
| sales, owing to strength shown in the other
! grain markets. Receipts were 6 cars.
screenings ssG1sc: low-grade. not suitable
fair. 4594sc: good, 50c; Sept 6oc.
Rye.
There was good trade in rye and prices
| advanced &c. There was a good speculative
demand, and offerings were fair, and there
| was also good inquiry for cash on specu-
| lative account. The advance was partly IN
sympathy with the other grains. The re-
eeipts We're II cars. There We're no with
| drawais from store here, and no export
clearances from the seaboard The visible
supply decreased 10000 bu. No. .. to 20
to store. SIC; +. o. b., SIC; No. 3, f. o. b.,
| Range of Futures.