The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-06-21
WEATHER CONDITIONS RULE
IN MARKET FOR GRAINS.
LIQUIDATION FOLLOWED BY
SHARE RALLY.
Both Wheat and Corn Close
Higher, Despite Lack of Out
side Speculation.

Yesterdays market was again based en-
tirely on the weather. The opening cover
ing by shorts carried values sharply on the
upturn. There was an early advance OF
nearly 1c. Later profit taking caused a
slump. Toward the close there was a good
buying demand. The Modern Miller says:
The movement 30 far Of new wheat TO
market is small. Rains have prevented
harvest operation IN many sections. nota-
bly, in the Southwest. Quite a number of
reports OF Disappointing thrashing returns
are arriving. but the general average is up
crop is good but the weight test is not up
TO last year. as a rule. Interior mills are
taking new wheat freely. and there is some
buying by Gulf exporters.
July wheat opened SG%4c up and sold at:
72isc, 7Z5sc. 7225fc, 25sc. PIC ghe. 72952se.
~, $500 '-12SSl - .h'sg, rts<+5.iSS '4tSsS;
!2se, ac. 2ass. nc. zsg72sc, zz3fc. &c
&c i7Ese' Is Il q q I! &c S 4 Ike '7t A;.c5s is Sr 15 e
lis. 1919, I Tjss3 e, IS 7sfi;e, 4 nc, IS. 7 7sSs..
,SsePt533sss;, zsHe, ans a!o, 7IlSe. nso.
as9. 7iSe, lie, isaIsc. lite. nSc. nite..
9t~G7Lac. 1l.c, Use. aae. H!Fc. dSc. life.
Bec.--53Ec. 7aac. 75xc b.
Argentine shipments Of wheat to Europe
for the past week estimated 77, 900 bu.,
against 3oi,G9 bu.. a week ago, and &S,gO0
bu. a year ago.
Visible supply of wheat in the chief ports
VI a SEhlllo IGHOa leu - G0OrNpJ Du-, dkdlISL
$4,000 bu. a week ago, and 2,944,O0 bu. a
Trading in corn was again extremely
light, as interest was diverted to wheat
There was little outside demand and no pro-
fessiOnal trading. Cash prices were fairly
firm.
July corn opened &c up and sold at 6l1kc.
SIX, 6I2sc. 6lSsc. a; Sept. at 55hc, Soc, 55hc,
55kc a. Dec. at 4IGc. 4l&c.
Argentine shipments of corn to Europe
for the past week reported at 1.656,O0O bu..
as against I,6S6,GO0 bu. a week ago and l.
So. 600 bu. in 1901
Visible supply of corn in the chief ports
Of Argentine reported at !, lT6,eW bu., against
$4,000 bu. a week ago and T4,eeO bu. a year
ago.
Receipts OF wheat at st. Louis were 21,015
bu., OF which all were local, against Is, l04
bu.. OF which all were local in 1901
Receipts of wheat at primary points were
3S5. 6S5 bu.. against $4,000 bu. In 1901, and
shipments were 475.425 bu.. against 25l,Go1
bu. The Northwest received 293 cars,
tagainst 27 cars in 1901 Chicago received
N7.725 bu.. and Kansas City 22.S00 bu. The
EearanCes amounted to IL, 2S2 bu. of wheat
~. OF which 400 SKIS. and Is cars local and
3 Oars through, against 1900 bu.. of which
Is cars local and 2 cars through, in 1901.
Receipts Of corn at primary points were
and shipments were 1SG.1ST bu., against l.
Og1.G00 bu. Chicago received 1874, t24 bu., and
Kansas City $500 bu. The clearances were
6.675 bu
Receipts of oats at St. Louis were 1855
bu., Of which, 1Ol SKIS. and 70 cars local and
9 cars through, against 32,865 bu.. of which
ST SKIS. and 20 cars local and 4 cars through,
in 1901.
Receipts of pats at primary points were
3nt.e55 bu.. as against $4,000 bu. last year,
Ho bu. The clearances amounted to 6,915
bu.