The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-01-15
GRAIN MARKETS RALLIED
AFTER EARLY DECLINES.
PHILLIPS INCIDENT Is NOW
CLOSED.
Plenty of Buyers Appeared 10 Take
Long Stuff Offered rs Re
suit of the Failure.

Early in Eeste:GlL's session the grain
markets were considerably depressed by the
failure Of George Il. Phillips az Chicago 20
make good the margins Oh = large proper
ton Of his holdings NlrGr1ll, 4 lot OF the
fluff which he had contracted to buy was
dumped In the p!t ana values acre affected
by the temporary selling press IKE. II SOON
became apparent that there were plenty Of
buyers III the field and offers Il large lots
were so quickly snapped up that prices
soon rallied. and the bear force were com
pleteiy routed. s.. Louis again led the mar
toners o: local concerns haA 70 en- deferred
from trading only BY the Hight offerings
and the frmucss with which both wheat
and corn were held 10y longs. who believed
carried out. Il vas lar sa!n-day OPP
portunity for this class of buyers.
All legitimate news conditions were bull
ISM. Dry weather still Pre- 'a-icd IN the
greater portion of the winter wheat region.
toreiSn markets Were steady zsud receipts
locally and at Other primary points were
May wheat opened Ic OF and sold at Sic.
s1-sc' SLt-c. Sh@rai"sc. size, tI3sc, St2lc.
S113sc' S1s4c' S.;sc, Satc, e.ssc. { '-c, Sos.
ssSs4SI%c.- ST&sc, sIi=0S,5sc, St.,c. $50. So
9scsc; s.ss9s'@sc, SlT+c. S15=4HI4c, s5'sc.
Beg. S.Ss1SI-c, >T.c. ~SI5sashzc. &.l.c. Srs
gslI.c, Sigsc. SfI.uN5asc. Sc, s7l.qS-a.'
SO, sligSIasc. ei$sc, S."sUS13 .cc. SiasC,
go, sr+gst2sc. H,tsc, S,%s1S' ~, si@Sc.
~.-9S' - =" 4oNNoa e-A- % -
July sold at Svi=c. 500, S7sc, .S0E.c, SO7sc.
SoSsc, SU4c. SJizc.
Corn was stronger than wheat at the
opening and had better suppor. throughout
the session. There was .. d5clin ne in line
with other grams. but the gecDytry was
rapid. and the market closed in better
shape than on Monday. There was Il good
cash demand. and an active out. side inter-
est Primary receipts We're ruOd rate. but
st Louis got more than or the CORRESPONDS
Ing day last year.
May corn opened 1ac off and sold at Gsatc.
Gn.uT g.. IL t-I,H1.. Ca
o.;ic' e,isc. g6't+c 5.itC ttisc, .nl:su5In..
6.1sc. 6'sHbI54c, 6.i.c, tii5N5',4c. G.l4c, G1l,c.
e.5s4t,t.c. 6.lsc. 5Ic. ~G55sH6Ic. olc. o5.sgo.c.
eessc, 65sd6ic.JG3sc. 6GS4HUo;sc. Gy-,c. tas.c,
oo;sc. 66%4uG53sC, b03sc. t6sitG5sc. o5~.c, sC5sc,
e61=u6s3sc, G63sc, t3sa55Ac. Uy7.c. t63sc ana
G63sq67c.
Though primary receipts of oats were light
ene market was dull because OF lack
OF speculative trading.
July opened 11sc of and closed sc off NJ
ss'sc- There were no sales of May.
Receipts OF wheat at ST. Louis were % 400
bu-. compared with $500 bu. a year ago. OF
these % cars were local. compared with sol
sacks and 20 cars local and / car through |
the same date a year age.
feceipts of wheat al primary points Wcre
SIo.eSi pu, as compared with o5.,GV0 bu. same
GATE last year. |
Shipments, I9i. 500 bu.. compared with 1Ge,-
~ Du. same date last year.
receipts OF wheat al Minneapolis and Du-
luth were AL cars. as compared with $50
cars same date last year.
Receipts of corn at St. Louis were III, 500 I
bu., compared with S4.Il5 bu. 4 year ago.
or these 131 cars We're local and 20 cars ,
through, compared with 2S5 sacks AMI l car i
through the same date Z year ago.
receipts of corn at primary points were /
Gate last year.
Shipments, 27O,4SS bu. compared with 4os.-
w bu, same date last year. |
fsecelpts OF oats at St. Louis were 74,400
bu-, compared with 64.SD bU. Il year ago. OF |
these A cars Were local and IS cars through.
compared WIFI ~ plrG local prf * -,
through the same date a year ago.
.o assseipts OF oats at primary points We're
same date last year.
Shipments. Ss6,o52 bu.. compared with S9l.-
Wv bu. same date last year.
Cash Grain. Flour. Etc.
NiEAI-Cash M~arIet-Eeceipts ) cars local.
and held at S9l.c this side. SOC bid. 10, 2 red
SGotaale at s'assi4c and No. 4 at S5Gs5c. W.
worth sS;c. No; hard HaIc below No. :. NS. !
CoRN-cash Market-Rece:pts - cars local
az 80 - cars through. SAILS by sample. del: 10. :
at sc to 64l.c this and e. side: No. , TesjI6NWo ; NJ
Sohs r.; side: SSlzc this side: NJ. , yellow at 65f4c
side yellow car at Csc ibis side. 1-' '"1 L.
oATs1 lash aEhst.Iiece.gs a cars legal and
ssa$s &c No. 2 Northern at sc; Ne 2 white At
No; white at isaiSH.: No. } quotabie at {5ISSc
BARLEf-Quotable at &c to CO. according 70
weight ard color.
market.
tons on soft winter FOR r,- ro.s
trk.: Patents Sidi 10; straights at SSSUq3 ~. -
ira fancy S.6eH3.s0: clear So. 3gd3.lI: Iaw-praIa
soft winter In iute SKIS. s2.90G3 10: hard winter in
ute SKIS: stS5G3 for clear. S3.2JG3.S 50 for Etra Elts
sa9t3.6o for patents: spring wheat patents 1Ss.75
$50 In bulk: Csc higher in wood.
BRAN.Sold at sl.02 L. side large SKIS: mill
NEUTRALITY-SUSPICIOUS. 70: at mill SIZE.
in bills. '''
CoRNMEAL-City meal Z. o. b. s3.25; pear,
meal srlts and honinv $3.50. ~
HAY-Receipts g9 tons local and - tors
lows: Timothy sl451a15 Tor choice. srs5i. 20 fSr n \,
:: ~sl25esl3 for No. 2: clover sl1 5oa12: clover
mixed s2 50GlS for No. ! and SI1Gl. for NJ. ..
nrairie this side sI for choice and SIS - for No
and Sl1asl25o for No. .; alfalfa $lSal3.59.
STRAW-Wheat $3.50: cat $3.50: rye IS.
lead 81 STILGSaa
HIGH"IAES-Steady at sI.S2.