The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-07
JULY WHEAT DEAL
PUZZLES THE TRADERS.
MARKET RULED WEAK AND
LOWER IN CHICAGO.
Corn Was Weak Under Absence Of
Any Shipping Demand-Oats
Easy-PrOvisiOns Strong.
REPrRLIC

and lower to-day. The trading was more
| general on tho bear aide The JuIv aoa,
is n puzzle "a trader,
Corn :. 49,.
'.ipp'ns
N" @Ho u s'e"uy accommodation oh stock-
oats were easier In sympathy with wheat
and corn.
Provisions were strong. with fairly sood
trading hut c,osad easy
wseet
-.
""e"' Hi"'Ae op""eu e"S'e' ""a WIFI
out any special ACTIVITY As iar as the ac-
ton Of July was concerned during the FORE
noon there was no apparent manipulation
and the comparative strength of Sent. what
wbfa mi, ne. .,v,rv indication. q, 49,
na.. -.
- no ~ :"
anS out iegitima'e causes WINE those ex-
isted In sufficient force 10 anord a satisfac-
tory explanation. Reports OF Kansas crop
conditions were not encouraging for a phe-
nomenal Weld such as was promised about
a month ago and the cron is more than or
ipartIv suh,.ct 10 fur,her deter,oratiop No.
cause of no sin Immature condition
The Missouri CROP report. issued TODAY.
camn.. III. aa ~. -
IMPAIRED with ~ ias' month"; showing a de-
sas op 10 points nn rn.iS = e sh"w : una, Nan,
similar retrogression. when issued on Mon
day next. This Is likely TO prove rather q
bullish factor. The Prlce-Current said:
v,.n anu 'pinns 80 49,. onns"s,
winter wheat damase Ias' month nearly .
per cent. oats propapiy u snort crop Corn
worms numerous. Condition adj
mits Improvement" Liverpool cables closed
I'D TO I'D lower than YESTERDAY. and the
weakness there was ascribed by Broom
!" u pea'ish Interpretations u french
onieial crop report. just issued. Foreign
advices generally were rather unfavorable.
London cables came unchanged to sc lower.
Outside markets were weak. Minneapolis
and p,,,r,h r.ca,,.d n, car. n. ,,.,ps, .2s
L., - - ra.",n,s ,n.,,,,as - ~
of winter wheat. 81 cars spring. making a
total of 81 cars. Of which there were none
contract grade. as against - cars received
last year. The estimated receipts for to-
morrow ar. "a co.'s Dsc.,r,s a., ~. yy.s,-
oiiom Z ~ a. asee'p's ~ ~ Mes.a
ern points were 4''.''t Du.. as against o.'."~
ern points were 33s.5s2 bu.. as against so. 665
last year. Exports of -four and wheat were
equal to 6le. as bu.. Futures were fairly &C.
tive. but there was a weaker closing. prices
Close. July opened az .tkc TO .Sc and sold
Close a.. a. 'a c,as,ns NJ T"ss 80 p's Sen, mean ansns nds
at 'iisc 10 Ihc. nisneS.. 'inc' anu low at
'oAc' crossing AZ 'o.Ha1vSc'
Torn. u -
June leading In the break with a loss OF
lsc from last nights close. July was on
IS. selling at t4sc LOT the highest point;
4feS ;sc. the corn belt. with the excep-
tion q Kansas. has a good deal Of rain.
we'll as 70 inc worms NAV are nov on tne
souns plant. mere Wa sery ut,ie ID tns
senerai S.uataon 70 encourage hoiuefs. anu
VIE "iAnAet oispiayeo more OF iess weak
ness. d seaboard reported g loads for ex-
poII AZ cohnpafe9 Win q year ago. tna
t,,n3sh Oh .ne Aissoual crop u certalniy
aeaihst ~ iast year. Inere were 40 cars
recelSed t9,aay. Win ~ estiinated Tor TO-
W.nn, ow axHeapooi came 40 io%er, Inc
W estern primary seceipts were 92c,s.I bu.
compaIed win Soe.V1 bu: iast year: The To-
tai ciearances ior me Jay were $Ss.lSs 6u.
ar !ots were IN PETER supply and tine
~ " &c anu CLOSED AT &c. July closed AT
Ssv4src' aiter selling at +4Sc
Oats.
The bullish Missouri crop report. which low
cred the condition from 81 to 81 per cent.
This was Offset; however. by the break in
raiders; There was a good commission
house business. but the buying was not
strong enough TO keep prices up. The West
% cause uneasiness among the bulls. but
OF crops which are coming in now
we're compiled before the rains. Cash trad
- - Il
we're ~large-l9o.0o bu. The close was at
lDout the low point Receipts were DO cars.
sitn zo estimated f0r tomorrow. June
'a.s were IhacIiVe. July had good trading. |
,ahseu rom Irsc 70 Ssc. and closed at
.Ac. Sept. sold from DC to 271c and closed
II ORC
Provisions.
Quite a good speculative business was
transacted In the provision pit to-day, and
he market was stronger in a general way.
outside orders were larger. while local trad
ng was fair. There was some inquiry on
Investment account ard offerings were not
cry large: The general demand was ac-
I've. The interest was mainly In lard. and
ne action IN this market Influenced the
rading IN other articles. Hogs were In
ood supply and prices ruled slightly high
! market: Foreign advices Indicated a
rmer feeling In meats. Domestic markets
;ere steady at full former prices. Receipts
{ products were moderate. Only a fair
usiness was reported In pork. with trades
ather scattering. The feeling was q little
nsettled and prices were within small
anses. July pork was In fair demand. rang:
lg from $i4.5S to Hlssls- Sept. was called
1r sparingly. and offerings were moderate.
'as in fair request. with offerings only
Sales ranged from $50 to 81 a.
losing at S.3a. Sept. was quite actively in
emand; sales ranged $40 to $s.42H. Oct.
emand moderate and offerings limited:
ales were made at $50 to $50. July ribs
D 1894. Sept. offerings were fairly liberal,
nth a rather active demand. Prices
anged from G.s7H to $.&.
Flaxseed.
There vas no material change IN 6ax
alues to-day, and the market ruled very