The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-07-23
OUTSIDERS SELL PROVISIONS
AND PRICES BREAK SHARPLY.
PACKERS SHOW LITTLE IN
TEREST IN MARKET.
Grains Move Upward, in Spite Of
Bcarish Conditions, Through
Efforts of Bulls.

Chicago. Julv 2-Ther vas marked vari-
auce between the slumpinS provisions mar
ket to-day and the highly manipulated cen
dIrion OF Sept. wheat that influenced sharp
advances in all grains in the face uf bear
ish conditions. Outsiders. tired OF carrying
the load OF lofty prices for the packing in
ter,Sts. unIoadei today with such vim that
pork broke -. u barrel. On the other hand
the TUmOr that a !,TtInS packer VAS under
Sept. wheat pushed that cereal up sharply.
sympathy diu the rest. and July AMI Sept.
wheat closed =sc ~. July corn li.c F'gh'-.
Sept corn laihsc up. July cats .. Eishrr.
and S-TJ oats iGlisc higher PrUvisi ms
closed -i-C 10 ~ lower.
Provisions.
Trade in provisions. although not Ecavy.
Was almost paEicky al times Today. Hogs
a; tly =JocA yarGs have n--u marketed
nach NOR" freely ~ its. t"iNited hl hiSn
prizes To-day prices there -lutuIvi L. a
D-GTe So under last FTIgIy .ITg.S. Buy
cIs Ee.- Etsy hegE.sE. auu a. @ -v>uit Ia"
temper ia IT,. PROVISION pit WIS us.tr!~u4y
influenced. The outside. who look Uu a
-"rI lg.. during a." recent hull squirt. has
-.I.Tu quIt. Tired OF tho burden General
lguiratiun. wniCn set IN To- some extent
YESTERDAY. Was very marked to-ts-- Their
was NtSHT"uS trldIas "u the part 80 pro-
~Ir-si'uI.-. but ies Spectators wanted the
StElt. - apparent was the Ccriin-. Pack-gs
3 srncl 10 haSc abandoned their pet market
uuttl toward the close. when Il title ~-uR
WAS ttk'n 20 stop the decline. sept. pork.
-h""'a - ~ -" - ~ FaHaNf w
Nli-'F, pl-Eg-d down To Si.--,. and closed a..
lower e. SIs.ai. sept. lard uP-raI 80 ts
e down at $685.. 10 $Iy-Ei.. sod at $3.50.
aGA tneH broke - sii-D. closing very weak.
loser at Sl'-5-i Sept. ribs CgeucI
u - down ~ SlG.p TO Su.sl. sod at
So. anu closed weak, i-i=c lower 1t $lJ.5-
Wheat.
Wheat vas very strong. In spite ~ 4 uar-
c.liinIe carly break. influenced by rull
N'dtuvr. heavy receipts aEu easy opening
,ihitS- Immediately upon JEe break a de-
- '".-tliS - speedily as possible. Rains
"'rH predicted III the wheat u.lt. AID = f-w-
lac SHOWERS were REPORTED. SJ4t.sucS VITA
h-I-Sh trend uid much TO puI ..FIs-~ w..
hFagStErtts reported = decrease II -, -
nl- III the worlds available supply. ana a. /
Inmates Tor tomorrow receipts y,.r,. 5nIv
~ IArS The cash demand hung is4.E
i.'EG;ened by the prospects OF 1ig cr5-,S
nel tAr very low Grading OF the wheat ,,,in-
~ 70 manu- was an added bUllish incentive.
=" Aluch as anything 10 out simp
t"le sept wheat was the t.CssfD that =
ly'.llLE packer was taking control OF thtt
E"gr grading reports came in from Kan
= Ky ana 81 LOUIS anu those mark,ts
"SusEl tdir'y here Trade was ECIi and
SHty sod from s5iz 10 = net gain ~ =, Al
sI-.lS,, 20 -Hd<c lower at
L"cal receipts were 50 cars ouIv
~. % contract grade. Minneapolis AID |
L-'Lth reported "a cars. making a total /
the SINE nUmb bo-hio o; ~ cars; AGAINST
SLH.e day a year ago. Receipts were bear |
ny hraNE AZ l3>co compared with sN- !
ana hOuT c4uJleI Ss.Uuy bu.
Corn. I
Corn started out weak On increased "a
AID q bis Incrtase in tle CONTRACT |
also TENDED towaru lower pres NM IasSs
..Ss practically nu SeLIlns pressure and a
H~HndHI sprung Up al times which to- I
b-thtr Win Inc wheat strength ri ,,T-n
prices up Alter receipts of Several nun |
-lsH Sals OF Germ CasIy for a fortnight. 4
N e>uAlale OF only 80 cas- Tor Tomorrow |
'rECISuess over the possibilities OF a
sluey@c Ia the supposedly dead ',.Julv !
deal Trade was generally uuier- .Jurv /
SOLD from tS1tO 6s.-c on shorts coyer.r- J
an[ SI,srd strong, IAc up at 6Ic. sepG
SOFA IRON Us 10 Dl~tC. anu closed Str5nL.
ais. p OF c~-nIraet grade. CyHIrlcI 49,. |