The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-09-13
Government Report Confirms
Alarming Estimates and Mar
ker Advances 10 10 4 lic.

as:2CBI4c SYEGTAL-
chicago. Ill. sept. i---Gsivan.zsi mo
excited action by the Government crop ~
port. II. wheat market opened E!.a an
advance o: l. TO = reacted u little from
tho TOP figures OF the opening bulge ~
fT"iittakius sales, but gathered strength
or - 81 and yigDrou. support b. conf
dent balls and more -b.ll doubled tas mi
tlal uptJru. scoring aet gains finally % g.
10 80.
The off -iGl verircliioa .! the magnitude
81 lie damage to spring wheat in the
Scrth-.s, By rvs;. cutting OF =. S.iso bG-
from the Ausust promise and alTLos; con
rrmirg the most radical estimates 90
lotsas Trad- by any OF the private a,l;ho:i-
ties, vas OF c"urF-- the main Influence.
IN ths market. But Other elements Of
strength wer. furnished BY fro~tS r-pJrt-t!
In Northern North Dakota and n Nanitp-
Ia. uh'r- . Ter cent 81 th- wE-t' wa-
said t. i, sim Uncut AID TGif- during the
session rom Fargo north 10 the boundary
liE-. which would inJur- both s-sndIr 4
sheat and wheat In shock
The Liverpool gain 81 l--d helped soma.
The improved iug- demand and c0nSe-
qgent Improvement in milling demand for
wheat In every rlarket enter aiss coz
tribUred 10 the advance
CASH LACiS SOMEWHAT.
Cs-h prices Jagged somewhat " = 10
choice wheat. with sales y. 3,.osp bI No.
red a. &c cve- May il store. % good
30 red as high as sl.l1 and u ,i.y.l Ia.
sample hard vintsr.
Local contract stocks increased 1900,
~. Tor the week. 70 GEO IN There
WIS big general speculative. trace. With
covering by shoT;- ~ the openins bulge
sni p,oat-tskinx by some % the coulEris-
sion houses. which bought heavily at
lower prices las; week. Armour sod i'so .
Oh b., May Al E.l.ql. BIZ, The trade
house, Peavey also soli. but local bulls.
Rankin. Mitchell and others. and n. -
% Louis ball contingent. through spence :
house bought freely and Patteu was
heavy b;iyeT. taking fully i.llo'., su- Pc
alizirg .aies only checked the advance
temporarily.
CORN HIGHER
LiEh; frosts reported IN Iowa and at
one point IL Nebraska seemed TO furnish
the corn bulls tn. aaCouragern.rt they
&c for the I.-c. and the MAY Under
proit-takiig and country ssll!nE all the
advanc" was lost al "n" time The fore
cast for warmer Weather to-rnOrr"v ~
ruCst considerable selling. but III. in
fu"uge ~ tine goat strength in wheat
va not to - resisted ana there was a
TGrnHT Jones would publish the estimate
81 this crop az -""'"''n hu- Or sp'''tc"
bu- under I'll Government report
here Vas fair support on the decline
and the market TUNED strong enough 10
force Early pit seli-I- to cover ard worked
back 20 the early high prices. closing ~
higher toT the Dec. ami the May and q
FOR sept Cash prices Here only STEADY.
] he chipping demand dull. sales - 1p
hu. The statement OF Director Sage az
tn. Iowa W-ather Bureau that 10 per-
ceptihie damage had been done TO corn
IN that Stat. oy frost had some influence.
The receipts also continue liberal and re-
strain bgli.-h enthusiasm lils cars in
spected In and I- estimated for to-raOr-
row.
Speculative buying was led by Mercy
n1lis ComstOck and Bartlett-Frazisr.
Secsel. Wr.Ga and provision interests
We're moderate sellers.
LIBERAL OFFERINGS IN OATS
la oats there vas an advance Of &c
20 ~ at the opening n sympathy with
wheat and corn. but this uptUrn brought
out greater offerings than the market
could absorb without Welding and May
gained only i.c 10 IL. sellers Dec. up
about as much and Sept - lower. There
vas continued selling by cash interests.
Armour. Peavey and others Cash prica=
held stc43y. but til. shipping demand was
dull. .sales 500 bu. Local contract stocks
increased s.","oo bu- for the week 20 l.
80 Il" bu.
PROVISIONS DULL
Provisions ruled duh and early AL
yauc.S v.r. lost On January selling by
John Cudshy. Higher hogs and grain
strength caused complete recovery Ok
csrt ~ pork. which closed sis1iIiz> lozer.
H. NJ s-r.-H