The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-08-25
COVERING BY SHORTS
ADVANCES WHEAT VALUES.
EUROPEAN AND NORTH
WESTERN NEWS BULLISH.
Corn News Is Generally Bearish
and Prices Close Steady After
a Slight Advance.

Buying by wheat shorts was the feature
of the local grain market. There had been
great deal of overselling and bullish news
from both the winter and spring belts
found the shorts nervous ana anxious to
cover. European information also was de-
cidedly favorable to the buying side Too
much rain was reported In the Northwest;
receipts at primary points were heavy, puy-
ing continued brisk throughout a moderate
" active session. Cables closed higher.
The visible supply of wheat the past Week
increased 1900 bu.. against an increase OF
425 900 bu in 1862. St. Louis stocks increased
22l.O00 blu. and Chicago increased 2eSvo bu.
Total visible supply 12,ll0,oU bu.. against
12,53S,C00 bu. week ago and oess,Voo bu.
in 1902
Wheat on ocean passage afioat for Eu.
rope the past week 25.Ioo,ooo bu.; against
2, 500 go bu. week ago Increase 3O,0N bu.
Worlds shipments of wheat 10 Enrope the
past week s,5ise2 bu., AGAINST s;slS."o bu.
Sept. wheat opened 1sc up and sold at:
Soc. ss.c ' asc. 7sc. sSc .sssc. $40 ss.c. SIC.
s0aSO1sc. soAc.
Weather conditions were favorable for
corn and receipts were heavy. The market
was strengthened for awhile by the ad-
vance in wheat. but later there was conslo-
cradle selling pressure. ana the close was
weak.
The visible supply of corn the past week
decreased 2l20o9 eg. against decrease sacs d OF
creased 5000 bu. and Chicago decreased SOL
OCO blu. Total visible supply 6,44I,0N bu..
against 66Ss,e0 blu. a~week ago and 3,i2a,-
00O blu. in 1907.
Corn on ocean passage ahoat for Europe
the past week 20, 100 600 bu., against @.os0,-
90 blu. Z week ago. Decrease 10000 blu.
Worlds shipments of corn to Europe the
past week 100000 bu.. against 4,59O.000 Blu.
week ago ana 40, 600 Blu. in 1902
Sept. corn opened &c on and sold at:
4si. ei as'' sic. -. siss .s''-' '''' NV
Receipts of wheat at st. Louis 81, s63 bu.,
of which LOGS SKIS. and 50 cars local and 3
cars through, against 22S,2 19 bu.. Of which
ISL SKIS. and 2lS cars local and cars
through. in 1892.
600 bu., against I1s7.0VO blu. in 1902. and
shipments 2l1.eo0 bu.. against $4,000 bu:
Northwest received 456 cars, against 4S
cars in 1902. Chicago received 1875 blu. and
Kansas City 600 blu. ClearanceS los, 600 blu.
Receipts Of corn at st. Louis 5s,655 bu.. of
through. against 80 400 bu.. of which q cars
local and "A cars through in 1902.
Receipts of corn at primary points 3l00O0
bu.. against 10000 blu. in 1s2. and ship
ments $4,000 bu., against 1900 Blu. Chi
5000 blu. Clearances 5000 bu.
Receipts OF oats at st. Louis $3.50 bu., OF
which 81 cars local and 10 cars through.
against lbs 900 bu., of which 800 SKIS. and q
cars local ana 10 cars through. in 1902
bu., against 900 blu. in 1902, and ship
ments 46i 900 bu.. against 3130O0 blu. Clear
ances ]. 100 blu.
The visible supply Of oats the past week
decreased 5000 bu., against an increase OF
64o0 go bu. in 1902 st. Louis stocks Increased
5000 blu. Total visible supply 1854, coo bu.,
against 100000 blu. week ago and 202,00
in 1902