The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-27

selling continued, and the close was close
showing the greatest loss. being from sc
10 lc lower, while corn was 14c to nc off
and oats Csc to lc down. as compared with
the previous days closing.
The opening in wheat indicated that there
was something wrong. 1t was stronger, but
only TO the extent of sc. Again the market
was noticeably quiet. no life or vim being
shown in the early buying, and for some
little time after 1t dragged along in list
The early advices were not of character
10 arouse enthusiasm on the bull side, about
the only strong influence at that time being
corn. All domestic markets were easier.
Liverpool was SD lower and cloudy and
much cooler weather reported in the North
west, together with large receipts here. they
amounting to over $1,000 blu. The opening
Tor Sept. was at 69iec and for Dec. 72ssc,
but from these there was an immediate
easing of to sslsaAc. sellers and 72asc. re-
spectively. The report issued by Snow on
sgrtng-wheat conditions. which indicated
100000 bu. yield, or a total crop of be-
tween '25 100000 and 75o.0O0.0oo bu.. was bear
tsh and weakened the market considerably.
Late cables were not conducive to strength,
either. Paris. Berlin and Buda-Pesth being
changed and Liverpool only i'd lower for
the day. Again most of the private cables
from abroad were Of a bearish nature. one
from Odessa stating that Russia would
ances We're good at S&.oea b bu.' Wheat land and
flour. On the continued selling that followed
inc Opening, sept went GOWN TO OSAhnAsC, as
there was no buying support, and Dec sold
a: 1ssc.
The bullish Modern Miller's report on
sent Sept. to 6sSaNc bid. but the market
soon resumed its downward course and that
es,tI sold on to CSC. and at the close
TO the fact that the weeks clearings were
close was ntso bid and July s7,sc.
There were reports of rood rain. IN Jm-
nois. Iowa, Nebraska, Arkansas, and the
Indian Nation in the morning press dis
patches. but the official weather map on
change failed to show any rains OF conse-
quence In the surplus corn States, though
the, weather was cooler, which satisfied
most traders that the drought still contin-
OF this mind 1t was but natural that they
should open the market higher, especially
ored e nn w weTs setts and Sept
not prove at all tempting. and the buying
was so very light that there was a decline
TO 6Ic. and during the first half hour the
ABOVE named option swung between BIC and
5Isc. On Shows bullish report a little tenn
porary strength was impaired to the situa-
ton: "a, and Sept sold at 57ssc, but on advices
there was a slump to 56ssc In the mean
time Dec, after opening at 5s2sc, sold down
To 0Iitc. The receipts here were larger
freely. but Liverpool was sd higher, and
9ne ciearances were reported at 80 600 blu.
f Ia IN the day there was reaction to 57c
Ior sept, but buying support was lacking
and other markets weak. so that prices
soon gave way, and Sept. sold of to as low
as 9e.sc. which was bid at the close. Dec.
SOLO tnen at 5I1sc. and July was nominal
ly &c. 'A--''''-
The stronger and higher opening In corn
and higher markets elsewhere had a good
erect upon the local oat situation Yesterday
morn morning. imparting so much strength to
v1od l>x&, 0-tT
speculative interest was very thin. Nav
sold at Sss4c. or Nc of from the previous
DAYS closing The market declined later in
market and reports Of large offerings nv
the country. and Sept sold down to 3slGc.
ana May was offered at Ssc. Weakness con,
latest sales Of Sept being at 36s.c and fnr
May at Sc. July was nominal at ssAc.
Traders, Co,.sp.
Snow will say that rains this we.,. hor. NJ,
fOrded slight relief in few limited d daxe
OF crop area freshly Involved during Week s!e
general situation 10 distinctly worse. Western
diana and threefourths Of Illinois and iowa Sl now
inyoived and 1t - deteriorating rapidly as it
IRENE drought area exceeds all previous records
9ss to co he Ssy
Ivy, ,s,a. Thrashing reports continue to show high
x ss,ss s .nd Of q. S g max:
c2psTent,y has ioSooo0 goo bu and Oklahoma 2.
Ssy and SOUTH psao mods1
stsly in 4inneapolis. and slightly in North la
kotA ana Oregon General average lowered per
hsps 70 per cent. leaving crop possibility Of about
csit in an estimate on the probable loss 81 10 the
T.: IN Grcn hay fruits and veeetables
snS IN s ss;
yislds this would Indicate q crop Of 1900 90 bu
tor sn the bu corn ana sa oss.
the Labor Bureaus chief clerk placed them at.
.f 'qp D e wheat in sn
e;o . .;,s week S aS9 So and 2seoo year ago.
and on ssa1 aso fSs s9
gentine wheat markets continue steady in tone.
the interior are small and sun the qualify t eon
nnSes satisfactory. The corn markets are strong,
sis heavy and satisfactory as regards their COM
-h asss GaE 90 ss
hiehsr prices in European markets because Of
ees Last Week Sa s aSea. IL and sGrn slSS
a. ass 3 Is Is h r. shipped
Kan..s corn cannot b over third Of an nay sver r.
The situation would ee very seriou. for SOCK STOCK
men we're Il not that thousands q bushels of old
The Nebraska Grain Dealers Association .s-
Inmates the wheat crop Of that State g. 50 OOo 900
the widespread drought may cause a moddca-
ton Of these fig tigures No attempt was made to
Peavey. the big Northwestern elevator man.
ras s o ana y, the PakotaS between them
ihesc three States ever raised was 176 O00 900 bu
in IS.
@.nneapolis: First car new spring wheat IN
e. from Humboldt, Ia. and graded No. g. Our
SEPT. wheat 2AQ3c under Chicago. Trade light
The Kentucky Commissioner Of Agriculture
reports that the hay crop was saved but that
crops OF corn and tobacco short latter prob
ably not over half crop.
The crops Of Sweden are reported rs seriously
suffering by the heat
Cash Grain, Flour, Etc.
WHEATNCash Market-Received oOes, axis
and Is cars local and % cars through. Lower but
an easy market for soft winter to dispose 81
their goods, a. elevator buyers took all the No
red offered them at Sept price. switched to tbs
house. and No. red At 1c less. Millers bought
sparingiy. and would pay no premium. Sales
Of car lots: switched. at esH06s%c for No. 2 red
and 67h@67&o for No. red: SKID in elevator al
s7kc for Nc: red: 65l1c for No. 8 red and s4ns
for No. 4 Hard winter in very scant supply. al
most the No > coming in going on contract
BILE q SC at olcse: ordinary sold at 5sio.
and cars through Lower but a much bette!
freely. No. and No. ; yellow sold early al
ma n ioS4o ell 4. II