The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-30
LONG wheat WEAKENED
CHICAGO GRAIN MARKET.
CORN WAS EASIER ON COUN.
TRY SELLING.
Oats Opened Fairly Strong, but
Receded-Provisions Steady
at Saturdays Prices.
REPUBLIC SPECIAL.

REPUBLIC
Chicago. ILL.,. April 2?.-The wheat market
had a decided break to-day and long wheat
was dumped in large quantities, hav!r; a
weakening effect.
Corn was easier on country selling.
Oats We're fairly strong early, but receo-
ed with the decline in wheat.
Provisions steady ar abou- Saturdays
prices.
There was a good trade AMI a weaker
feeiins in wheat to-Iav. the close showing
May Off Fac and July Just Ike lower. Fine
weather over the wheat be-. rains on me
racine Coast. with more indicated. and
very disappointing cables appeared to he
the main depressing influences. Long wheat
came out from all directions, liquidation
Being general. the marker having it's chief
support from the elevator interests. who
purchased July rely at the lcs.ine.
Liverpool quoted futures lsnAc lower in
lace of sharp rally here Saturdayy. London
was lac lower to l&c higher. Par.s TN
changed to 14c higher. Antwerp gained Sc
and Berlin &c. The crop reports here were
favorable outside sections in Trx.lS ana Ike
southwest. The receipts in the Northwest
were only a little 1ver half these of last
year. The worlds shipments were about
as anticipated. 7,79i.00O bu., iglirs; 6,596. oT
Il year ago. The quantity on ocean lassage
showed a large reduction. ; 800. 900 bu., aid
is now reported at 44.552. coo. agains. 4O,OsS, 90
bu. the corresponding day last year.
The total visible supply. 4~S,"I2.cGl. de
creased l,al6,OOO hu., against a decrease a
year ago of 2.342. 600 bu. Local stocks afioat
and In public warehouses .iecreasei 5000
bu. The clearances were very liberal at
$4,000 blu. and on the Coast ~ boatioaGs
We're reported taken. The Continent was
taking . more cargoes on passagc.
a Hamburg cable stated that there would
De no increase in the German wheat du-
ties July /. Another cabla from the same
place stated that the marke, was quiet
because of warm rains. Private advIces
rom Oklahoma and part of Missouri
Claimed the warmer weather was bringing
out further complaint Of bugs ard the Hes
sian fly. Showers were predicted for the
Northwest and parts of the winter wheat
belt. The local receipts were IS cars.
against the same number last year. Du-
luth received but 13 cars and Minneapolis
269. a total of 2S2 cars, agains- 253 Saturday
and sci last year.
The local receipts for tomorrow are ex-
pected to show 100 cars. The receipts at
primary Western points were 624. 6l6 pn.,
against 513,043 last year. At Eastern points
the receipts were lS6. 1872 blu. Shipments from
primary Western points were 4l4.5i3 bu.,
against 65i.SS last year. Exports Of wheat
and -four were equal to 1883 bu; May
weak at 72ls972sasc. July opened unsettled
with sales from 74lsc to 75c, and closed weak
at 73A@73ssc sellers.
Only a moderate trade was witnessed in
corn. transactions being largely local, with
the sentiment rather more divided. The un-
dertone on the whole was weaker. The final
figures were little changed from May, while
July was &c lower. Surrounding conditions
were not as 5ullish as lately noted. The
cables were lower. receipts larger here and
at st. Louis and Kansas City, and the Of
ferings from the interior were very fair.
and the weakness In wheat had a depress-
Ing influence upon corn.
| Crop reports were more satisfactory.
Showers were predicted West and South
| west and fair and warm weather for 1lli-
nois and Indiana The local receipts were
19 cars, 9 of which graded contract. For
ro5morrow ESQ cars are s,L promised noa rs, Western
514, 600 blu. Liverpool cables were steady to
| &c over. while London unchanged to &c
a o ~, CO.. b bh. S Wa5la,s :'ssl' oe pa. w y ye.F small aao.
The quantity on ocean passage decreased
1000 bu. and is now only 100000 bu.,
against 9.16s.@O bu. the same date last year.
May corn was supported by long interests,
most Of the day, but July was offered. freely
from certain quarters.
Rosario, Argentine. cables stated that the
weather there was all that could be de-
sired for corn shipping. much cargo offer
tngs,. and very extensive shipments antici-
pated next month. The clearances were
large. ~ 600 blu. and on the coast eleven
boat Loads were accepted. =. NJ
The Visible, I6l y supply decreased ed 2;oss,o o ,t b.;
a setal nox s;l ss poo 9 ed is sf IS, 81. go li ba., y eompa rea
opened at TXc to 47bc, and closed at 4shsc.
July was the more active, opening at 4'asc
Oats.
Oats were active and sold at the highest
price on the early crop, showing 4sVkc
higher. unfavorabie crop tp news ana gooa
combined with liberal local support. were
the cause of early strength. Realizing later.
caused the decline of Nc at the last. prices
increased 1,1l5a.0o bu.. against 6s6.O 600 bu:
bu.. and are 2.sls 900 blu. The seaboard clear
anceS were 421,U53 bu. Country acceptances
were " fair; and d ARRIVALS = were ERE ~. ss. ears; VIII, ral
ported $500 bu. taken for export. but there
| was no business here. May was active and
epsned ,n unsettled Nss tr at 2S's 70 frssjv closing ssa so a5
at 2shsc to 2Ssc at the opening. closing
steady at 26c.
Barley.
Most of the maltsters appear to have
stocks enough to last until the time for
| closing down., and If not fully supplied, they
srs Fe s i to ea Psre a n 9 enls in a T Tmall
were 1900 bu. decrease in the visible sup
ply. Screenings sold at S3a3lc and skim
mlngs, at 35aS5l@c. There were no sales Of
low-grade to-day; offerings generally or
good quality. Low-grade barley ranged at
40q45c; common to good about 47@51c, and
good b2455c. choice to fancy nominally
56q5Sc-
There was a quiet rye market. and prices
declined fully &c below Saturdays close.
Offerings were fair and demand light:
shorts evidently provided for. ard there was
less desire to buy. The weakness IN wheat
helped to bring about the decline. There
were 4 cars received. There were Withdrawn
from private warehouses 5 cars. and none
from public elevators. No. 2, to go to store.
sold at 51kc, and choice, free on board, sold
at b5c; No. 4. to go to store, sold at 4Sc;
May sold at SIC. down to sic. and closed at
about sic; July at SIC, down to Sic, and
closed at about sic.
Range of Futures.
Articles. Open. High. Low. Close.
" Jniy ..May: :;isss s $751; $751;
May :":.":".ssai;s @s ~ i s.:
Oats-May .......263sq271s aTs 2sts 2sss
July ,..:::.-.2e1sn2GA 26Ia 25,s %
Mess Pork-May. 4.42s H.59 14.42ia 14..7is
July :.."-...-. l4.5Ilz 40 1i.57la 14.6l4a
July ........... o.W $40 ..9I2 1.yIn
Short R{hs-Mav & III. ~ si,i ~