The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-12-15
WHEAT VALUES REACT
AFTER EARLY ADVANCE.
INCREASE IN VISIBLE \
BEARISH FACTOR.
Corn Holds Firm on Light Re
ceipts and Steady Foreign
Markets.

After scoring n l,alf-cent advance, May
wheat dropped back TO Saturdays prices
and closed easy. The Dee. option, which
shared in the early advance, remained
strong on manipulative buying and cover
ing by shorts. At the opening-the bulls
were encouraged by higher cables and Il
decrease in the exports from foreign coun-
tries, notably Russia. Later p fetdown in
Chicago and Il big increase in the visible
caused II sharp reaction. Most of the sta
tistical news was bearish.
The visible supply of wheat the past
week increased 2,362. 600 bu.. against an in
crease of 1.21l.OOO bu in 1902 St. Louis
stocks increased $4,000 bu. and Chicago
Increased 214,Oo0 bu. Total visible supply
3i,i0i,090 bu.. against 32,O42,0C0 bu. week
ago and 4s.151.cO0 blu. in 1902.
Worlds shipments Of wheat to Europe
the past week reported at 9.5ss.00V bu..
against 1l,3371 900 bu. Il week ago and $780,
wv Blu. in 1907
Wheat on ocean passage ahoat for Eu-
rope the past week estimated at Z3.6OO,GD
bu.. against Y.s0o,OJO bu. IL week ago; de-
crease 1.3O0.c00 bu. Beerbohm reports the
decrease, though, at only 10000 bu.
May wheat opened lac up and sold at:
sls4c, Slssc. Sic, SISc size. Slssc. size,
siesc sla.c. s.usl'sc. si'sc. N'susec. &c, sisc.
sl-it slssc. Size.
II.
On firm cables and light receipts there was
just enough buying to keep the prices of
options about STEADY.
:. The visible supply of corn the past week
increased 1900 Du.. against an increase OF
1.63c1O bu. In 1892. st. LOUIS stocks UNI
changed and Chicago increased 4?5.U0 blu.
Total visible supply 5.595.t00 tn. Total Wis
ibie supply 5.5!eiutV bu., against 5.oS4Uoo bu.
4: week ago and = 1915 bli III 1872
World shipments of corn TO Europe the
past week reported at 3,26S, 900 bu., against
$3.50 90 bu. Il week ago and 23a5,o1O pu in
1907
Corn on ocean passage afioat for Europe
the past week estimated at 13.4,0OO0 bu..
against 14,O25e0O bu. a week ago; decreased
$50 90 bu Beerbohm reports the decrease
at ], AL GOO bu.
May corn opened unchanged and sold at:
zlhc. 4lsc. 4lisc. i1asc, 4Il.c. 41sc, 4is9il.c.
l,-c. ll.Y4lssc. Also, Asa Assc.
Receipts of wheat at st. Louis sO7O7 bu..
OF which 2l6 SKIS. and 159 cars local and
~ cars through. against 70.3a1 bu., of
which s6I sks and Il cars local and cars
through. in 1852.
$4,000 bu.. against 1.41s,O00 blu. in 1907. and
shipments 1i6,WO bu., against 3S9,OUO bu.
Northwest received 5S1 cars. against LIST
cars in 1902. Chicago received $3.50 bu.
$1,000 bu.
Receipts of corn at St. Louis &c. 400 bu.,
of which 80 cars local ard ! car through,
az against 149.0S5 bu.. Of which 1874 SKIS.
and l5S cars local and 4 cars through, in
1902. Samples on trk. steady.
Receipts Of corn at primary points 49,
900 hu., against 712OO0 bI. in 1902. and ship
ments $4,000 bu., against 49,. 600 bu. Chica-
go received 800. 400 blu. and Kansas City
$500 blu. Clearances 5000 bu.
Receipts Of oats at ST. Louis $4,000 hu.,
Of which 38 cars local and l car through,
as against 81 200 bu., OF which e cars local
and 10 cars through. In 1902.
Receipts of oats at primary points Sill 900
hu.. against 500 blu. in 1902, and ship
ments 2H.900 bu, against $4,000 bu.
The visible supply Of oats the past week
Increased $4,000 bu.. against a decrease of
Isl. 900 blu. year ago. st. Louis stocks in
creased 1000 blu. Total visible supply 8.27.-
600 bu. against s.115.000 bu. week ago and
g. go bu. in 1902.