The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-06-11
WHEAT CLOSED WI
IN CHICAGO MARKET
CORN WAS DULL, WITH LOW.
Err TENDENCY.
Oats Were Firm and Fairly Active
Provisions Ruled Strong
and Higher.
REPUBLIC

AaCf thilC SfEClAlA
Chicago. Ill. June l0-The wheat market
was dull and dragyy. trade mostly local
and prices lower at the close.
Corn was dull and uninteresting. with a
lower tendency. Crop conditions were IA.
vorable.
Oats were fairly active on good country
demand. and continued firm under unfa.
Voraole crop reports.
Provisions were firm. with prices some
what higher.
Wheat opened up a shade below closing
prices OF Saturday. and was rather tame.
Liverpool quotations were unchanged. do
nestle receipts about the normal, but. as
compared with those OF the previous year
and worlds shipments to Europe were
even heavier than the large quantity ex-
pected- The amount on ocean passage was
reduced l.O5S.e9 bu. The weather was quite
favorable for growing wheat. and the Gov
eminent report kept speculation from ex-
landing. The above constituted the news Of
the day. and was enough of one character
10 give prices any decided Roadway one
way or another. The dullness was very
marked after the first half hour OF the ses-
sion. and traders were much more inclined
10 discuss than to act upon their various
port might have.
Liverpool final quotations were from nc
lower 10 unchanged. Chicago received 30
cars, as against IS cars last year, while
minneapolis and Duluth received sol cars,
compared with 40 last year. The worlds
Europe Were about 10.seS00 bu.. as against
s.iii,v" bu. the week preceding and 7,4l4,oGD
ou. The corresponding week OF the previous
year. The amount on ocean passage de-
creased l.0S,"D bu- ard the visible de-
creased l.osGa0 bu. The quantity now on
passage is i2o9s.oo bu.. as compared with
~ - Ilt I'm laGt oar and the a, OF NhA
visible supply is S5.2s2.60 bu., as against A.
$1,000 bu. the same period last year. The
Western receipts were $3.50 bu.. as against
&S,co bu. last year; omen were AS
$50. as against 3ss. iS? bu. last year.
The estimated receipts for tomorrow are
eqnaied 7ss.9 EsP Sa. The G sas1n and re poTr
made the condition Of winter wheat at 81
AS against s4l on May / On June 4
last year the condition was So. The conii-
ton OF spring wheat is 20 as compared
with sI3 at the same date last year.
Corn.
Corn was dull and narrow and confined
within a range of half a cent. The change
TO much warmer weather West and South
west is looked upon by the trade as the
sort 10 make up for lost time. because OF
recent cool weather. Sentiment was bear
ish In Consequence. and values ranged lower.
Liverpool futures were Ssd higher while
spot wheat was unchanged to Id lower.
There were only 3 ooatloads reported -akeD
at the seaboard and yl.0O bu. here. The
worlds shipments were again heavy. g.
i35.Vy bu. as against i.3ss.VU bu. last year.
Danubian shipments were almost as large
as the American. sggregating 2.3.s.10 bu.
The amount on ocean passage showed an
increase of 1.2l6.0O bu.. compared with a
decrease of 10000 bu- last year. The total
amount on passage Is now ls.0si.0o0 hu.. as
against II. $4,000 bu. last year. The visibis
supply decreased 3si.oo4. bu. for the week.
which row m>kes the total ls.e4s.eo ou..
compared with u.2S. 90 blu. last year. L.v-
stocks increased 10000 blu. for the
week. and Chicago increased only 1900.
af-,N. ~ a@s.l - -.Als. $500. k~--
day showed $50 cars received. with but IL
cars contract grade. Western primary re-
Oo ou. last year. Ciearances for the day
amounted to G0.4N bu. Corn by sample
was in good demand and the feeling was
steady. but prices were without any special
change.
The oats market was weaker. and lower.
IN sympathy with other grains. ana on good
rains, The market. however. was active:
Offerings were larger. and prices receded
14c from the opening. but reacted and closed
3sc lower for July. There was good buying
of Sept. all day. and this option held prettj
steady. There was a decrease Of iis.v0 Blu.
in the local stocks. and the visible supply
decreased 63o.SO bu., as against $4,000 tu.
last year. The seaboard c~learances were
54.ooo bu. Local receipts were ZIG cars. with
zTe estimated for tomorrow. The Govern
ment report made the average condition
e5.3. as against 81 on June l last year,
with a ten-year average of ~. OF the States
having 1.01o.o0o acres or upward in oats. |
Pennsylvania reported 3 points. and Ohio
Michigan 2 points above their ten-year |
averages, while Minneapolis and New York
report / point, Wisconsin and Nebraska. . |
points, Illinois 3 points. Indiana ! points
and Kansas IL points, respectively below the
mean Of their June averages OF the last ten
years.
There was a rather good trade In rrovf-
sions to-day. with the general feeling some
ly and there were fair buying orders for
both local and outside account. Prices ruled
higher on all the leading articles. and the
close. The trading was chiefly in July and
Sept. contracts. with a fair business IN
transferrings contracts ahead. Foreigi.
rather firm. Trading In pork was
prices ruling TIC to loo higher. ana
the advance was fairly well supported TO
the close. Lard was rather active. with q
stronger feeling. The demand was active
from miscellaneous sources. and prices ruled !
about 7isc higher at the opening and iur-
was not quite SO strong. and prices receded
.I.c to Sc. but rallied again at the OUTSIDE
and closed comparatively eteady.
Ribs were In good demand. with a strong
feeling. The market closed steady.
F~Iaxseed.
There was a very quiet fax market. and
little lower tendency prevailed: cash seea
were some bids and offers for futures. To-
Jav-s nostinys show an increase over Sat-
there being IL cars received. . OF
which were inspected and 4 OF which graded
.- /
,eived % cars and Duluth I. No. l North
western sold at Sill and No. SOLD AZ $lsV.
elected nominaliy M.6J1LS.. In futures
lime was not mentioned. Sept. was VIZ
inally bid; Oct. H2S bid. BIS sellers at the
Timothy and Clover Seeds.
There Was a weak timothy market for
lew-crop seed, due to the tame speculative
There were no OUTSIDE seinhs or
lers 10 sneak OF. but there were mild oner-
ngs from other sources. Sept sold x.eoM
70. with !. Is the closing. The contract sold
q G. for nrime: country lots. low-grade to
'bo;ce ssg3 10: fair 10 good A+oT3.O: rough
.ead "a aE1s al Clover was dull and there
we're no speculative orders The market
vas nominal: poor to choice ed9 taflings
ag4; fair to good G.5oas-So; contract grade
iominally $50. -
The demand for barley was very limited.
,riy 9 cars wsre received. The visible sup
,ly showed a good decrease and less stock
m hand than last year. There were no ex-
,orts renorted- Screenings sold at 39iac;
ONE cars Iow-grade 40g+oc: fair $500;
,ood mailing 5lnac-
Articles. Open. High Low. Close r
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