The St. Louis Republic., 1903-10-27
DECEMBER WHEAT BREAKS
AFTER A BIG ADVANCE.
RUSH TO COVER AT
THE START.
News Is All Bearish,
and Statistics Favor the
Selling Side.

After a period OF aggressive campaign
ing on tho part OF the Dec. longs the
wheat market eased OF and the near op-
tiOn closed sharply lower, while May was
only fractiOnally above Saturdays clos
ing price The Dec. clique was out for
blood AT the opening. Pure manipulation
without regard to news opened the market
at SIC Later the market dropped on the
circulation Of a petition to the Board OF
Directors asking that a marginal price
for the settlement OF Dec. contracts be
fixed The marginal price was liked at
sac. Domestic conditions were generally
beariSh- Weather conditions were favor
able and local receipts were large Stats
teal information prevented an advance in
May.
The visible supply OF wheat the past
week increased $500 bu-, against an in
stocks Increased 50OOO bu. and Chicago
decreased $500 bu. Total visible supply
2. 4Sf.OC0 bu. against - go 600 bu week
ago and 29.glS0o) bu. in 1909.
Wheat on ocean passage afioat for Eu-
rope the past week 21.76000O bu-. against
=. 5000 bu- a week ago. Decrease 155l,eoO
Worlds shipments OF wheat TO Europe
the past week l2.36l.0IO bu-, against lO,S2.-
90 bu. a week ago and L 992O0O bu. in 1902
Dee. wheat opened lhc up and sold at:
SIC s,.e. sl7sc. 9oisc, sl1sc. soisc. soisc. soc,
SSsc Sssc. sac. Ssisc. SSasc. Ssiac- SSlSc. Sc
Corn was dull and easy. There was lit
tie outside speculative interest and no
wheat active. Receipts were fairly
large and weather conditions we're favor
The visible supply OF corn the past week
decreased los 900 hu., against an increase
OF $1,000 bu- In lso1 ST. Louis stocks de-
creased 1900 bu. and Chicago increased
1900 bu. Total visible supply 7,525.0OO bu.,
against $1,000 bu. week ago and 2,4SS,-
600 bu. I'm 1872.
Corn on ocean passage afioat for Eu-
rope the past week 16.l5O.o1o bu-, against
l5.2S5Ol0 bu. Il week ago. Increase $500 bu.
Worlds shipments OF corn to Europe the
past week 4oGl 9Ce 5u5 "a against 9sSSOoO ~ bu
Dec. corn sold at:
tos.c. Rls8pye. 40l4c. 4O=sc. 40Ha4osie. IOil
64oAsc. 40isc. 487s--
wHEAT-Receipts Of wheat at St
Louis 99.2E bu., Of which Sg7 SKIS and 100
cars local and 5 cars through. against
3ll. 13i bu-. OF which 5.OS2 SKIS. and so cars
local and 3 cars through, in 1902.
1.5is.co5 bu.. against % 1854 30 % bu: in iso2.
and shipments $4,000 bu-. against $4,000
bu. Northwest received 10l2 cars, against
i.as cars in 1902 Chicago received 1918
bu. and Kansas City 10000 bu. Clear
ances 5000 bu.
CORN-Receipts OF corn at St Louis
secs bui, q which 94 sks. and q cars
bu., OF which 1.776 SKIS. and % cars local
and II cars through. in 1902.
Receipts Of corn at primary points
shipments $500 bu., against IL 900 bu-
Chicago received AZ. 100 bu-. and Kansas
City - 100 bu- Clearances 263, 600 bu.
OATS-Receipts OF oats at St Louis
los 600 bu.. Of which 20 cars local and 10
cars through. against 1850 bu., OF which
81 SKIS and 10 cars local and 20 cars
through. in 1872. Shipments 90 go bu-
Receipts OF oats at primary points 925.O
bu., against 10l.0o0 bu. in 1902. and ship
ments 6i2.O00 bu-, against 10000 bu. Clear
ances coo nu.
The visible supply Of oats the past week
increased 2s.o0O bu.. against an increase OF
50. COO bu. I'm 1902. st. Louis stocks in
creased 1900 hu. Total visible supply
Z. S.. 900 bu-. against 7.SS9,0oO a week ago
and 7,S55, 600 bu. in 1892.