The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-09
FEELING IN WHEAT;
MARKET CLOSED HIGHER.
CORN SHOWED DECIDED
WEAKNESS At THE CLOSE.
Oats Active and Cnsettlcd-PrO'
visions Firm Early. but Eas-
Ter Tone Prevailed Later.

REPUBLIC sPEC1AL.
i chicago. H.. June s.-There was a mod
crate trade In wheat to-day. and the feeling
! was firm. closing unchanged to &C higher.
Corn was irregular and unsettled, closing
around the lowest prices Of the day. Sentf-
ment was bullish In the early part Of the
session. but weakness was shown toward
tho close.
Oats were active and unsettled. about I'M
changed from yesterdays close.
Provisions were firm early. but an easier
feeling prevailed later and prices receded
to medium figures.
wheat.
There was some surprise at the markets
action In holding SO strong In the face OF
good rains all over Kansas and lower cables
from abroad. Liverpool showed u recession
OF &c TO izc and Paris was on equal to
&c per bu. for futures. business was pro-
fessioral In character. with only a sprink-
ling OF orders from the outside. The mar
ket was held rather firm by the strength Of
coarse grains. and this and the covering Of
shorts. who were disposed to even UP over
Sunday. made wheat strong.
The cash business hero was small. but
at Kansas City late yesterday there were
eco bu. sold for export to so via the Gulf.
The supplies of breadstuns in Europe and
af'ost and in store In Argentina June
bu. June 1 last year. English farmers de-
liveries for the week were $50. 900 bu.. at an
average price OF sa14c: compared with 7esc
lHst lfdE- al WpItu > 9ulyIueuUS uOitud
are expected to show an excess Of 10. Ooo.0 900
hu.. according to an estimate from the IIv-
erpool Corn Trade News. Of which America
will furnish 6.64i.09 bu. Australia's ship
ments were somewhat smaller. at $4,000
bu.. compared with ~. 0O bu. the previous
week and l5e.ooe bu. n year ago.
Outside markets were steadier to-day. Re
ceipts of wheat In all markets chow a fall
ing of as compared with a year ago.. The
local receipts here were 80 cars. against -
$40 cars. against Is last year. There were
~ cars taken from unlicensed elevators
here to-day. The receipts at Western pri-
blu. last year: shipments from there were
2s3.ss+. against 15s.a5 bu. last year.
There were no sales Of spring wheat re-
for No. ! Northwestern. Reports from Ger
many claim that about 100000 acres of
wheat have been plowed up and that there
general poor condition NJ the crop.
Broomhall claims that the United States
may have 10 furnish Europe during the
coming harvest year with 2|.ooo,co o bu. The
exports Of wheat and four at the seaboard
to-day were equal to 4el Isl bu.
Corn.
The corn market was Irregular and with
any marked feature. The steadying in
fuencc was the covering Ut shorts early
In the session and scattering buying for i'm
yestment; Offerings early were small hut
later Primary receipts to-day
were $4,000 bu-. compared with 51:.c00 bu.
last year. Clearances from the seaboard
we're l.4.Up bu- Local receipts were Isl cars,
of which . graded contract.
There was only a moderate demand for
car lots and offerings were only fair. The
feeling was firm. Corn by sample was in
good demand. The close was around the
lowest prices of the day. howing fractional
losses as compared with last night.
Toward the close a general weakness was
noticeable and the market closed rather
STEADY.
Oats were a shade higher early and there
was some strength noticeable on the cool.
unreasonable weather fo- the crop. but on
reports of rain In Kansas. where the oats
crop Is said to be suffering from moisture.
prices weakened nc to &c.
At the last part OF the session. however.
a rally came and tAe close was about the
same as yesterday Continent continues
bullish on the crop outlook. and a low on
dition is expected In the Government reDo-t
Monday. Last year the condition was 81.
and the lowest June condition in fourteen
years was Sl3. in 1875.
There were 1J6cV bu. reported taken for
EXPORT. The local receipts were 3i cars.
with - estimated for MONDAY. Dat. nv
ample were in GOOD emand. with light
offerings and a firmer feeling.
Barley. |
The harley market was without oferinss. |
and prices were nominal. Screen !