The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-08-31
WEATHER REPORTS BULLISH
ON WHEAT AND CORN.
TRAPPING MAINLY BY PRO
FESSIONALS.
Rains in Northwest Cause Slight
Advance in Speculative
Prices.

Both wheat and corn scored light gains In
yesterdays local market. In view of the
approaching holiday most of the shorts
were anxious to cover, and this determine
ton was strengthened by the weather re-
ports. Adyices from the Northwest indi-
Gated that there had been too much rain.
Trading was moderate. Fairly large local
receipts caused a temporary decline early
IN the session, but later sentiment was all
bullish.
Sept. wheat opened &c up and sold at:
siasc. eisc. e49sc. Dec sold at CSC. s6S:c. s6Hc.
In corn the bull card also was based on
weather reports. Chicago and other do
mestic markets were strong and rains were
IN the belt. There was little outside inquiry
and the market was based on local profess
sional trading.
Sept. corn orened &c of and sold at:
5llsc. Soc. 55%c. Dec. sold at s5%c. ssHc. ssHc.
Receipts of wheat at St. Louis to-day
fwere 14T,2OS bu., of which l1.426 SKIS. and LA
cars local and II cars through.
Receipts OF wheat at primary points to-
4 $3.50 S bu. The No Sqtb; w anf rs smPmdn 81 c were
Chicago received 212,675 bu. and Kansas
City 154,4o bu. The clearances of wheat
and flour were equal to 72i,0G0 bu.s of wheat.
Receipts Of corn at st. Louis were 171.0 900
bu., of which u cars local and Z cars
through
Receipts Of corn at primary points were
Isl. 80 bu., and shipments were 1859 bu.
Chicago received LOO bu. and Kansas City
Receipts of oats in st. Louis were $500
bu., of which 81 cars local and II cars
through. Shipments Pass blu.
fRecetptS of oats at primary points were
s75.79 bu.. and shipments were 2S5. 6o4 blu.
: The clearances amounted to $40 bu.
Weeks bank CIeariRgs.
Yesterdays clearinghouse statement showed
elearings I. $39.1l2 balances s537,sS7, CIearings
for the week were $37, 655, 500. compared with $780,
i7i,006.5s compared with s95s, SIS, $50 last month.
|
Local Money Market.
All domestic stock exchanges were closed, but
business was fairly active at the hanks. Dis
count rates were firm, between 5 and 6 per cent.
The Banks.
New York Aug: @Isterling exchange nominal:
Tith de a9agsi business snd at !, n sa 62Pf SeT 60 bi lisa at 5 81 SssS
rates $f.s5a4.S5 $50 and S4.SS: commercial bills 81 s325
Chicago, Aug. SO.-Clearings $50. 1913, 500: balances
.TS.S29. Posted exchange StS525 for so days: Si.SS
1c premium asked.
New York. Aug. Chickering's ;,52, 4sG, s7s: bal
Boston. Aug. Chickering's sr7.15a Isl: balances
Sbaltimo.ss. Nd. Aug. sN-clearinss 1870. IA;
:l5 F ,5sa. s5s; Balances res' i. . .o6 SO'1 MsneE 4f SlsaFiP Pss
cent
cincinnati: O.. Aug. @-Money sHgs Per cent.
New York exchange par. Clear4ngs S23l5,Soo.
Bar silver.
New York. Aug. S0.-Bar silver 524c per ounce.
AT London quiet, "a 3-16d per ounce.
Imports and Exports.
New York. Aug. 0.-Exports Of gold from New
York for the week ending to-day. as officially re-
yer ss2l225. Imports Of gold at New, York this
week We're $S39S; mostly from South America
New York for the week ending to-day were val
treasury Statement.
Washington. Aug. 30:-Available cash balance
s2Os,l11'45S; gold Sll5, zS7,l7.