The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-07-07
MODERATE TRADE IN
WHEAT At LOW PRICES.
CORN FAIRLY ACTIVE AND
UNSETTLED.
Oats Declined Early, but Regained
Their Loss-Provisions Rather
Stronger, With Good Trade.

closing &c to ssG1ac lower.
Oats were active and lower early, but
advanced and regained the loss.
good local trade.
The market appeared to lack support to-
and the Southwest. 1t was clear and cool
in the Northwest and the Orange Judd
Farmer estimated the condition OF spring
yield Of 325, 900 COO to 335 cOO,G0O bu. The mar
ket early was dull. but later in the ses-
sion a little more life was manifested.
showed July off 3sa1c. Sept 1Ac lower and
Dec 1kc lower. Fine weather in the
Northwest. lower cables. liberal receipts
the depressing influences The cash demand
was moderate, and sales We're MADE LOT
125.0OO bu.
less favorable. Liverpool cables were 1sd to
tsd lower. while London and Paris came
steady, about l4d higher. a feature 10 the
trade was the selling BY houses with con ..
weather was indicated for Minnesota. ex-
cept possibly showers in some sections.
Broomhall estim ma, ed the worlds shipments
The local receipts were 1852 cars. against
2cS last year. Receipts at Duluth and Min
neapolis were 24s cars. against ls7 cars I last
points were $3.50 hu.: against 4oi. Az b,,:
last year. Shipments from Western points
were 315, 233 bu.. against 2lO.oS9 bu.- Exports
Spring wheat was weaker. with a fair de.
mand. Winter wheat ruled easier and
closed about lie lower. A fair demand cx-
small, the car lots were taken by specula-
tors.
There was an irregular and active corn
market to-day. The range was within so
&C. At times. the buying and selling was
rv,,f Ito t,ao hut 1neo n0
to have been divided. Houses in touch with
the country sold freely. many OF yester.
days buyers liquidating; The Southwest
buying side. The map was clear and dry
and Indications are for continued fair
weather and slightly higher temperatures
for the principal corn States.
Profit taking was a feature in early trad
ing. and elevator interests sold freely. The
outside markets were all easier. Liverpool
quoted quoted futures , ~ higher s. and honaon
ceptances were liberal and cash demand was
slack. which had a rather depressing In
fiuence on the market July closed &c
lower Sept. NC to &c lower, Dec. &c lower
and May down &c
The local receipts were fairly large, 1858
cars. with $50 expected Monday. Car lots
only moderate. Clearances at the seaboard
were $4,000 bu.
There was very unsettled feeling in the
OdtS uhTheI tU.UdS. Dut tidubiS was w.
heavy. and the market showed plenty Of life
all the time. There were no rains over the
West and no prospects OF any in the oats
States, which caused a firmer feeling gen.
orally. The Temperatures. however, at the
principal oats belt were lower. which caused
liberal selling by longs. and scattered hold
ers took profits.
There was active buying later by some Of
the largest local operators, however, and
by commission houses. which checked the
decline. and prices then advanced aaT7sc.
h,,N l4rla a,,1 al, cnl INnr hN
yesterday, at &c higher on May.
Crop news generally was as untavorabie
as Of late, but nothing worse developed. CASH
business. was light and clearances at the
seaboard were but 1000 bu. Car lots were
stronger and &c higher, but trading was
light. Oats by sample were In good demand
Local receipts Wee Iss cars, with % cars
estimated for Monday.
Barley.
There was but nominal market with an
easy feeling and buyers old not care to buy
old barley. except there was some induce
ment in the way of price. New crop No
2. or Sept. delivery. steady at 6oc: screen
,nEs ssaa Sc x xs poor to common ssa4'o
A fair demand existed and the offerings
were moderate. The market was trifle
firmer and about Ac higher. Receipts were
drawals from store here. No. In store
47sic; No. 2 billed through 47c: July 47slc:
Sept. 41Nc.
There was some business In Oct. delivery
at &c higher range. The Northwestern crop
advices have not been Just as favorable as
they were expected to be. and to-day there
seemed to have been some demand from
shorts. The local movement was small.
only cars being received. At Duluth the
receipts were Is cars and Minneapolis got
IL cars. No. cash sold sparingly at $1.SS
rejected nominally about 81. S2@1. 81; Sept.
81 IS bid: Oct. $1.OG1.52, closing at N.51.
Timothy and Glover Seed.
There was not much interest shown in
timothy. hut the market was quite firm The
fact that It was short session may have
accounted for the extreme quotations. Sept
sold at A.45; Oct. nominaliy H45: country
lots, poor to choice. ss g contract grade
;sssd4l5.
There was the same neglected conditions
in the clover market. which remains nom
to choice S6GS: fair to good s.5o; con-
tract nominally $3.50.
Provisions.
There was a fairly good trade in pro-
aoys ss sp
and prices higher with a fairly good de-
mand for products and no particular pres
sure. to sell. The buying: was mainly for
local account. Prices ruled higher on all
the leading articles and the appreciation
was fairly well supported to the close. Do
nestle markets were steady. The shipping
orders.
Pork was stronger. demand fair and OFFER
ings not very large. The market opened &c
asIsc made. the market closing steady. wy
I Lard advanced &c all around and closed
steady.
Ribs were in fair demand with prices ~
@10c higher. AT the close the market was
steady around outside figures.
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