The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-11
ANOTHER DECLINE WAS
WITNESSED IN GRAIN.
WEAKNESS IN ALL GRAINS
WAS THE FEATURE.
Wheat Led and Declined Sharply,
With Corn a Good Second
Oats Better Held.

Ao II u NC vi hcSpiNS wilh Aos$ "NSs
grain markess Of the country yesterday
opened up the new week in a manner 70
give little or no hope to those who were
interested in seeing prices advance. All the
markets here were dull. slow and decidedly
weak throushout most OF the day. except
oats, which held better than any. There
was no significant support given the differ
ent markets. and more especially wheat. In
which were no signs OF the strength shown
Last Saturday. And the same can be said
of corn. Selling throughout most Of the
day was quite freely INDUCED in. the gem
eral run Of news not being of a character
TO bring buyers into the market. As n result
prices eased OF steadily. and the close was
at or near the bottom. wheat showing a
loss of sc to &1-sc for the day: corn of
AdSo TO sc. while oats were isc up. to that
much of. A considerable part Of the time
trading in the pit on change was light
and the markets generally sluggish. there
being few features of interest
Another fall was taken out OF wheat yes
terday. and prices sought and reached a
lower level. the close being nearly a cent
of for the day. There was very little that
was encouraging in this grain from a DULL
point Of view. the strength that was devel-
oped Saturday having entirely disappeared
over Sunday. and replaced by weakness.
and this condition OF affairs continued
throushout the day. nothing like strength
coming to the surface. Early advices were
not of a nature to give strength to the
general situation. and there was more dis
position shown 10 sell than buy. In the first
place, the weather conditions on this side
and abroad were favorable. and especially
the latter. the drought prevailing in South
Russia having been broker and a fine crop
Assured IiYernOOl WaS dull and upchanCai
The worlds shipments were large. though
tne amount on passage showed a decrease
OF Lo5SoOo hu.. as against a decrease of
eral at most primary Western markets.
Inc openfns here was at a decline OF l-1Sc
dp 9o '1iy' az sc; from which there was a
opened 1-1ec better. at CSC, but IT sold OF
TO S7Sc in short order. This decline was
July. and Sept. was bid ssSa &. b but TT she ese
prices did not hold. and the market again
eold'on, going below the early low point.
July selling to 6Si9c and Sept. at s1L,c. The
visible decrease was large at 1.s40. OO bu., as
compared with 2g7. 90 blu. a year ago. ana
90 6ne h 1ays clearances were reported at 500;
no enect. as late cables were very bad.
Liverpool closing I'D lower for the day.
was OF &c. and Buda-Pesth asc' Poor cash
business and the fact that the Government
report would be out after the regular ses-
report that only 3 loads had been taken for
export did not help matters. The selling
pressure became quite strong during the
down to and was offered at ssIsc to Ssi.c,
ana sept sold at Sahsc. At the close for the
Gay July was salable at 4shassc. and Sept.
The local corn market opened a, wheat
n.o s. I Y to say with a feeling Of weak
was from the same cause. the weather,
which was said to be favorable in the corn
countries was large. Hanubian pSrss settins
anoat nearly as much as the United States.
ana the amount ON passage was Increased
1900 ba. iav ~1sxsa' was q ye up "a sfo on It a fen Sa
OF .ne lact that but little OF the Danubian
o oSrn e. w ns going there. There was q decrease
country. against 1.15o.0o bu last year. AT
the outset July had sellers at IEaNc. but
hs oensr markets came in strong the market
az 4sc for July and 43hc for Sept This was
me, once se, followed PIC e by = letdown to ENc for
ening influence, but the reported sale Of
IS loads for export, indicating good foreign
ovying. had e arming effect and July sold
Sept then was offered at 42Ac.
The very favorable weather and the
conducive to strength. though a bullish
ESvernment report was expected on oats. |
h hnsre NV vas not much trading. but this grain
grains. The visible was decreased Sao oS
Sa;; s 5. sos sSe By. decrease one year
zssc At the close. with no takers at those
wFne Hafppean and Argentine supply Of bread |
=, so ~. u Al positions on June L ioI. according
sy; compared with ss.ssa.os SG. on Ma. 1871 ! snS
SsssSs 1880 ~; ON June + 500 The stood. o.
and Canada on June l. 1901. a. Complied bv The
s1ih sa.sss:seo su- On May and s. 5 c sS% 81. on
! y1ns Z IN iseSs he asFTssass supple. Of bread;
m ss.sss : s1S ci 49, ss.o g S Sun. cd L ,sSs. y wsss ~; =
! i. ~ ne q. 1 ns. .Ek ,s ss S Sscrs sn I'd during hn;, May wa:
and csn.ds. and ss7SoS bu. in % other ep' eeani slase.
sompesed Nth q Sscress. Of H.n7.eoo bu- in
s:sset nSe 1 !. g. s.a, Ss'ssd ba s'. ss : .na Sap. Si., sss
supply" points and !. $4,000 bu. At outside points.
1 ras s: you'd pr St sss have .,sss sssn .g iass.s. s saPp pSsv
received Considerable wheat which had been
snd noun e csIifonia On June i wsr. equal to
g s1 'So s s ''o Sov su ana ;h 1s :, = ~ yea. ear ago they were
The .0ovsnment winter wheat report CAV.
The condition. April as ST. and May as %.i.
JSS:. 81 ~: :: So 50. Co eo% S ; %%is g .!a'f IN 5 June.
$50; The oOysrn%ent spring Shea. report made
E y: On sn sus ssn Z IssS Jun! 4Ss d !; ,.s1; =: sss .s.ln.t
with 100 last year. The Kansas State report eaye
i ias i sS%ol yssr. on Ts sup SAT- ! as ,. - L; sso or sn1s with
corn as q. compared with % in July last YEAR
Oats on Jane ! were %. against 81 IN June, 1890. |
c rmn arssOv Win 11 y II sass Shecs on June as 8.
hast yea. The corn condition wa. u on June i.
asain.t = IN May last year and iel in July. Dat: |
wsrs - IN June. against 81 in May last year and
june /. ia. vns Scyern"snt report on oats for
There 10 . siisht hardening IN the position Of |
the ocean freight market. Prices show a little |
Improvement to some ports. with less press,,re
comparatively quiet, both in berth lots and full
m drought has aiso been broken IN South.
srn Russia The Odessa correspondent oS tSe
London NeWs-Ss.ndart wires: :PlentinuI ,,ns
nav tai,sn IN South Russia and q splendid hsr-
an. MH s.T.. Is sS.ss on in Southeast Missouri.
are IN the nelds near that city.
akansas City received . car new wheat from |
inS g re-. 'S o. X Il Inspected No. 8 red. weigh
esportins frm Of W. 1. Green COMMISSION en-
parry and president Of the Burlington Eieyatnr
He Is Of the opinion that the = v other 10 a. EurS I,,;
buy q large amount Of our wheat on a nrnner
e. a.: eoS a1s such a large crop as is probsbis for
EPnma receipts Of wheat were 1C.coo m,
aSainst slSooo bu- a week age. sls.e bu. a wear
go ana xlA.ooo bu- two years ago. 81. Louis
ago. and ss.xoo bu. a year ago. Primarx TsSS1k
ments were AZ. 900 bu. snip
Com receipts at primary markets ver~ I'm
arriving at ST.. Louis. against $4,000 bu' last
year Primary shipments. ns.o0 bu.
roo ha receipts az primary markets were $751;
Loui. receiving loS, 500 bu. against q. aS bu.
last year. Primary shipments, 57O. 900 bu. O
Visible supply Of grain: