The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-04
CORN WILDLY EXCITED;
OPENS AND CLOSES WEAK.

@ E-
WHEAT BREAKS FROM "a TO
70 CENTssW FIND BUYERS.
Oats Follow in Wake Of Other Mar
kets-Provisions Show Same
Tendency, but Close Steady.
REPUBLIC SPECIAL
Chicago. ILL.,, April 5.-Liverpool cables
came lower Wednesday morning, causing a
weak opening in wheat. Corn was very
Wild and unsettled. opening N1111c below
Tuesdays closing figures. rallied. but again
sold of. Oats followed wheat and corn.
Provisions were Of the same disposition. but
closed steady.
Wheat.
Wheat got a very weak start. There was
no appearance OF anything but selling Or
ders to begin with. and not until May
wheat Was offered down from 14c to iae
could sufficient buyers be found to check
the early decline. The lower Liverpool quo
%tations. compared with Mondays latest.
were down Id for May wheat, and Nd for
July, The local receipts since Monday nu,a-
bered III cars. while the receipts at Mil.
ncapoiis and Duluth were 773. making 100
cars In all, against l.o1l for the correspond
AA6 w uuyS VI IL yCohs % ~
port an Increase for the week In the worid's
visible of Isl, 900 bu.. compared with a De
crease Of 1000 Blu. the corresponding
Accounts from the country were generally
most encouraging regarding the outlook Ior
an excellent crop OF wheat In the South
the great wheat belt of the country. Do
mestic receipts were liberal. and the decline
In prices did not appear to have quickened
for Chicago wheat: The market was some:
what excited for Aitime. as the wildness OF
the opening will suggest. but after an hour
Or So the lone Maeat that was Tor , sale
down. The priaiafy Western receipts were
i,24c.0N bu.. or $500 bu. in excess of the
quantity received last year.
The cle2rances Of wheat and -four from
Atlantic ports were equal to $4,000 blu.
Paris was Nc q bu. higher for May wheat
and unchanged for May-June, but Antwerp.
to 1Nc per bu Demand for wheat. Tor
shipment Developed: chiefly for No: 2 hard
moderate extent was done. The demand
Tor sample lots to go to store was like
w Wise sS Spd;,vS No; u; Z and - No Q; : hard DIX; Kan sns
Nebraska wheat. which was somewhat In
ferior to Kansas. sold &c under May.
Ihe market vas under the Influence Of the
STEADY liquidation throughout the session OF
George Phillips's line or long wheat.
Toward the close there was sharp selling
and the market had Il further decline. May
wheat closing at 72Ma72ac.
Corn.
There was a heavy trade and nervous.
unsettled market. prices at the start vary
Ing 1c at the same time. The opening was
&c TO- " under a rush Of selling
b haaes b fns price ss,, recovered Un q t ~ &C. .n but ci again
Ions. corn came out in large quantities,
part OF the same being for the Southwest.
bles and better weather were probably the
main bear" influences.
Local ca long interests sM.. were credited re- e,n with
to have sold moderately later. Shorts came
In on the decline and brought about the re-
action. The I goosl quoted futures :, of % !.h%,.h
graded contract. Estimates for tomorrow
were small. being 255 cars.
Bradstreets figured 100000 decrease in
crease for the CORRESPONDING day last year.
Country a~cceptances were very moderate.
and the Western Z movement two days., s4i,-
shipments we're $1,000 bu; smaller. Con-
Include i,sa,csss &c.. against s.ssasee BY. a
hu:; shipments !. 47s.ooo bu. Withdrawals
from regular elevators were 1888 100 bu. The
Local! cash demand was quiet. Sales were
i s@a'': pr pssas Fs iSte Rssf s eosesea s sora s soid
last week. There was q good demand for
car; lots and, arvery moderate supply. The
.ss q M "a sssssF and 'r''e e. closed
.:s.o ii; Oats, o"u
There were net losses Of nc for April and
May and Nc for July. Closing prices
low prices Of about Sc Great excitement
and activity attended the rapid n16vefaents
IN the oats market. Their. was some liduid-
alton and some short selling. The South
west was a free seller Of oats. as also was
a large. percentage Of the local bull inter-
ests. Shorts were about the principal buy
e seip On ,ns de 81 eat taking IN r pbSslss; "a L sentra &c,
grade. The estimated for tomorrow were
$50 cars. Withdrawals from elevators were
q cars. ciearances from the seaboard were
Barley ruled steady. and there was no ma
terial change to be observed; a few more
yet the supply was light. Good mailing bar
ley sold very well. and ruled steady. but
buyers cid not seem to care for fancy. Lit
W We so very el fals. ,o maltlns Of on se sa,ei nas s soms
few lots Of toEarriye barley were sold. but
t p5,SSss we're we're . H0 es ,msds sc knaMn; T We're rs ssasse.
barley. remains at zea4sc. Fair good sold
s sab i1ss ssss soG sad + fs sasssf ie, Ga above was quo
The rye market was weaker and prices 1c
lower. Demand light and offerings moder-
ate. The general decline in other grains
created the weakness. There was some lit
tie demand In cash, confined. hswever. to
carlots Of fresh arrivals. taken by specu-
lators and for industrial purposes. Receipts
cars. Withdrawals from store here 375
blu. No export clearances reported from the
seaboard. No. Q In store was nominaily soc.
and CARROTS. fresh arrivals. T. O.. b., quo
tably about s3d53lkc., No. 3 in store nomi-
nally 48c: CARROTS. fresh arrivals. sold on
trk. and I. o., b. at 51i1xG52c. Some trading
In futures at lower prices.
May sold at 6s1tc to soc and clozed at SOC
bid ard 50Lc asked. July sold at 5ohc and
was that at the c'osing bid.
Range Of Futures.
Articles. t1Open. High. Low. C1ose
July -. .".::iSsiss .z "s e: ''ssaA
Msy ~. .2::ssssiSsa .,sS il %A IS Is
July ...~.....~AshaM 2saGN 2E ~
Ness Pork-Miy.. 1850 G.65 15.N = 15,4s
July 80. ..,... $3.50 15.25 blk i5.2s
L1rd.May -. /. s.37h $50 s.37ia s.flz
sept .:.. 8.Zt1 $50 s.22& s.c1M
snort htbs-May, ~ $50 $50 S,25
July ...-. 49,! s.12H s.17k $40 SIS
sept 80. ..... $40 s.15 $40 SIS
Receipts and Shipments.
Articles. s.t Rec. SHIN
Flour. bhls ..... .. ... 90. ON ~ IN
W ntat. D0 .. ...... -. 49,. S@2 mo 49, 9A3. 00