The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1903-07-14
WHEAT SHARPLY LOWER
ON GENERAL LIQUIDATION.
CORN is ALSO UNDER PRES.
SURE.
Early Bulljsh Sentiment Not
Strong Enough to Sustain
Future Prices.

After strong openings and a season OF
good support both wheat and corn sharply
declined in the local market and closed
weak and lower. Longs were ar!ong the
sellers in the last hour. Ear;y news was
all hals.sh. Receipts were again light and
there was good run of outside buying or
ders. Crop reports We're generally bulish
and the visible supplies showed decrease
for the week. When the long stuff began to
come oct there was a great deal of forced
selling, ard those who still had profits in
sight hurried to take them. Weak foreign
markets and favorable weather were J=ar-
iSh features. The weakness of the New
York stock market also had 4 deprs ssing
effect. as it was said that grain was being
sold TO raise funds to protect trades i'll
Wall street.
The visible supply OF wheat the past week
eecfs..std l.t0s.Vvo bu-, against an increase
OF bS6. al bu. 1872. St. Louis stocks in
creased l2i.o.., bu.. and Chicago decreased
il6.gS ou Total visible supply 1871 o" bu.
S against l5'sioC99 bu. week ago. and 49,
Seop bu. in 1902.
Wheat on ocean passage af,oat for Europe
tn" past week. 2a.5Co.pc bu.. against -. 50
% Du. week ago. Decrease. llS).Co) bu.
Norlds shipments of wheat TO Europe the
raSt week reported at S,-s4.GJo bU.. against
1872
I'm itl-b"tt WHEAT CLOSELY lNrTS was
hrisk buying at the opening ON not weather
in the Southwest Heavy receipts and an
increase in the visible supply CAUSED selling
in the second hour. Even at that values
womb nave been well maintained hut for
the slump in wheat. which acted as a de-
:ngraiizing agent or all futures.
The visible supply of corn the past week
increased $500 bu.. against a decrease Of
16.vD bu. year ago. ST. Louis stocks IN
creased 1900 bu. and Chicago increased
9'5.go on. rotal visible supply 7ils, 600 br
against l..'S.tstJ bii a week ar ND = I,ll
bu. in 1902 : 49, - '''1 ''''''>S
., Coz on ocean passage af,oat for Europe
the past week 166I5.6yo bu against Is 10
o2 bu; week ago. Decrease 1ssp.o1O brl
Worlds shipments Of corn to Europe the
past week reported at 5.lS40l0 hu. against
2ZgS"" 5u. week ago and 4,0sl.Tlo bu. in
The receipts of wheat at ST. Louis
o Were ,d 12sio hp- OF which 2Css SKIS and l22
40 bu.. of which 23.6l8 SKIS and IA cars local
ard IL cars through in 1892.
Receipts of wheat at primary points. IA
$50 blu. against $1,000 bu a year ago and
Northwest received 2+3 cars, against 5S4 cars
IN ls2 Chicago received 25.125 bu- ard
Kansas City 2o.sD bu. Cieara noes 2ea ao4 bu
which s. cars local and % cars through.
cars through. in 1902
Receipts of corn at primary points 4se COO
bu.. against 3d. 90 bu. in 1872 and shipments
900, oIe b hdd -: against s&;o"9 bu. Chicago re-
ceiVed 3psatD ou. and Kansas City 1900 bu
Clearances s.s53 bu.
Receipts of oats at ST. Louis $3.50 bu., of
which lO5 SKIS. and Il cars local and % cars
through. against 1855 bu.. OF which 81 SKIS
and u cars local and cars through in 1907
Receipts of oats at primary points 525. eco
bu., against 25l.1l0 bu. in 1902 and ship
n.ents $1,000 bu.. against $1,000 bu.
Clearance 292l4 bu.
The visible supply OF oats the past week
decreased 500 bu.. against n decrease OF
$500 bu. in 1867 St. Louis stocks Increased
:. bU, Total visible SIIppiy 4 Nv,
against ..35i."'0 bu. a week ago and 1ca3 90
bu. in 1872