The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-03-21
WHEAT BULLS AIDED
BY RUM0R OF WAR.
BUT PRICE ONLY
ONE CENT.
Other Grain Markets Were Tame
Provisions Ruled Bullish
and Higher.
REPUBLIC SPECIAL.

REPUBLIC SPECIAL.
Chicago. ILL.,. March 2O.-It is so long since
"a wal cry had been heard that the bull
traders hardly knew what use TO make of
such a powerful help when the long, silent
cry was again raised Wednesday. And such
Il war as the one threatened between
The greatest wheat importer in the world
and the greatest wheat exporter, after the
United States, was only capable of adding
lc to Tuesdays price. Other grain markets
were tame. but provisions maintained their
interest for Spectators in those commodi-
Ties by breaking fresh ground on their up
ward progress.
Wheat opened flrnIer and higher. Liverpool
was SD up in lace oi Tuesdays closing
weakness mere. The weather was stormy
ana threatened to resume Its winter Sc
verify, the Russians and British were giar-
iG III each other in China ;IonS the par
refs of their guns. What with the threat
ened cold and the fear OF war. Il cold snirer
ran through the shorts In the market, who
bought wheat to steady Their nerves. Iney
were not the only, buyers. however. Ihey
had the company of many ouiis. whose only
anxiety was lest the iiussian-Brltish war
should break out before tney had all their
purchases made. EeSIduS the other matters
referred u the Nortnwestern receipts
showed considerable failing OH. ana the az
sregate receipts was 1900
bu. less than the total at the same places u
year ago. minneapolis ana Duluth got 20
cars, as against %! last year and DOL the
corresponding day for the year preceding.
Chicago Received 81 cars. as against 20 the
year pefore. The total ~ Western primary
markets was 5000 bu.. compared with tY5.-
tb bu the like Gay Tor The previous year
Scabcard cle;tra!iceS Of wheat and Hour We're
27I.tU pu.
The market had many changes during
the forenoon, but was III the main strong.
y telegram from Il New York news ageacy
OF somewhat sensational proclivitics, ro-
ported british ana Russian troops flfing up
on each otner at Iien-Isin. That was the
reason for u fresh out0urst OF null feeling
AFTER the erect OF carrier news had COM
menced to wear OF. May wheat, which
closed Tuesday at 7daiesc opened a, from
DOC, rose !rfeSuiarly 10 &c.
Corn.
Corn responded very feebly to the bullish
spirit OF lne wheat market. and at such
tunes as the latter showed a disposition 10
abate its bulliShneSs corn tended TO get
below tuesdays closing price. business
In the pit was quite small, and the crowd
in ATTENDANCE not one-tourtn OF recent mum
hers. The unfavorab!e turn to the weather
did not appear to AFFECT The market. Some
symptoms were forthcoming of Il Tree move.
ment OF corn from the farms in the not
els can't future. Local receipts % cars, of
which o. were contract. The receipts at
the corresponding date last year We're 2St
cars, 5 of winch We're contract. The total
OF Wednesdays receipts at Western pri-
mary markets was $4,000 bu.. as against
SyS.1O bu. the previous year. ClearanceS
from Atlantic ports were IS.00O bu. Liver
pool quoted so advance III lututeS OF corn \
May corn opened at from 4li.c to 4l1.ubs. l
sold as low as 4~lti4nls4c. and crossed ut 4irsc. I
ur. at the same price IL did Tuesday. New
York reported 30 boatloads sold for export, |
but no shipping business could be heard OF
mere. |
Oats. |
The oats market tied to corn as a more
reliable leader than wheat when the latter |
was distracted by ru1nors of war, and tied /
also very closely to Tuesdays closing fig |
ures. the length of the tether permitting |
of only llsc range. May oats closed 1-lCc
higher than on Tuesday. the final trading |
being at 2ossc. Local receipts 16i cars. az
with 1G1 the year before. The
receipts fur Thursday are $50
cars. |
Rye.
Although quiet rye was &c higher to start
with, May selling at 51l4c. the only trade
Of consequences up TO within a short time OF
the close. The market was Influenced prin-
cipally by the Strength in wheat. There was
an inquiry for cash rye from exporters. but
was done. Receipts We're l car. and
shipments 1880 bl. There We're no exports
New York. The market became
stronger as it neared the close. May sold
at 51h.c, or &c above Tuesdays close, but
the market finished at 51Ac bid and 5liac
only Isc higher in bid price. Spot rye
was neglected all during the session.