davidaulloa/AmericanStories huggingface dataset:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
SUMMARYOFST.LOUIS MARKETS

Selling out by longs caused a sharp break in wheat values in yesterdays market
Most of the liquidation vas by thtc class of outside traders which had been so active
for nearEya wek, and much Of it was forced. The reaching Of top-oss orders and
inability or unwnIngness to pt III more margins threw a immense umbe of con-
tracts the open market Manfpuktors though not extremely active took advan-
tge OF their opportunity to help the downward movement b. easing their lines
There were occasional rallies butt none of them had strength enough to sem the tde
of selling orders hitch came to local commkton-houses. Cablesw ered Disappointing
md here was not much encourageme for. the bulls in a slump in the price OF British
consok.a as it as explained tina this decrne vas not caused " a war scare but "
the fact that hose securities were selling x dividend. There was 10 news calculated
to fOter the belief that European nations would become involved in the war ad
other information was bearish With the exception of advces thatt he railway strike
in the Argentine was still On. Selling was risk until near the close, when there was
a slight rally, which, carried prices abovet the low point for the lay.
Corr held up fairly we'll Early in the session as compared with corn, but later
offerings of the coarse grain also became free. n the close was weak and sharply
lower Receipts were fairly Erge INT weather conditions were favorable. r
May wheat opened IS OF INC cosedf c of
May corn opened &c of In closed Sc If -
May oats closed Pic Off
Receipts Of produce we're in fairly large volume and prces OF fruits and vegetables
we're generally steady to easy.
Locals securities were dmL Transit sold slightly higher n United Railways pre-
feed was veal. @
Yesterdays bank cleanngs we're sss82 balances ass2So Discount rates were
firm at to perc cent
Spot cottonw vas unchanged in he local market
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
Wool,

Boston. March Prices are firm In the wool
market. and the market as a whole only mod
erately active. The demand Is for medium and
low woods. with a fair demsnd for fine grades.
Territory woods tendAto be active. Pulled and
foreign woods are firm and steady. The lead
Ing quotations for Territory: Idaho-Ffne $50
16c; heavy fine 13d14c; fine medium l66lSiLc;
medium 1snl7c: low medium 1761sc. wyoming
Fine 15al6c: heavy fine 13Gllc: fine medium
16M17c: medium 1Shd19c; low middlinR IpG9Oc-
Utah and N~evadamF1ne 15G1sc; heavy fine 1870
medium 10000. Dakota-Fine i5GI6: fine me.
dunn ls9l7c: medium 1sdl9c: low medium i9R
zoe. Moltana-Fine choice 19G20c; fine me-
dunn choice l9d2oc: average 1SdIsc: staple iSa
2ec: medium choice 19d20c.
London, March 1.-The listing of wool ar
rivals for the second series Of auction sales
closed to-day with the following amounts:
sl5; Victoria " 2ss: South australia 1886: West
164:. Cape Of Good Hope and Natal 2s. 2s.
htghty-seyen thousand Australasian and rs. 2Ss
bales Of Cape of Good Hope and Natal were
forwarded direct to spinners. making the
amount available for the sales 1s7. s3s, Including
are scheduled TO open on March s.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

the call without finding buyers. Dealers re-
ported a good demand for consumption. with
BUYERS discriminating on quality in favor OF
goods from nOrtherly points. Western nrsts
2O5sc; seconds l9iac: Kentucky firsts 2OHc: sec
onds l9sc: Tennessee and southern frsts 2gc;
seconds 19c. Fresh Western dirties lSc: checks
15c.
Philadelphia. March Eggs &c lower: fresh
nearby PIC at mark: fresh Western &c: fresh
Southwestern 20d2lc; fresh Southern 2Oc.
Chicago. March Eggs easy; at mark.
cases included, lTq17Isc per doz.
Kansas City. Mo. March Eggs lower: Mis-
souri, and Kansas. cases returned l4c; new No.
., wildwood cases included, IJC.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
LIVESTOCK MARKET.
Native supply Fafr-Beef Cattle
Higher-sheep Close Weak.

NATIVE CATTLE-Beef Steers-The estimate
was 5000 head. which is less than half OF last
Tuesdays receipts. while the two days total
foots 7.loo head. which is nearly 5.oOo higher
than the same two days of last week, and 300
head smaller than the same two days last wear.
Native arrivals embraced the major portion OF
the receipts, with fully twO-thirds in this diyf-
pared with last Tuesday, with the arrivals
for tho two days totaling $500 head, against,
The supply contained q fair portion OF steers.
some of a pretty good class, but as a rule thew
averaged no better than on Monday. QUALITY
retarded trading somewhat. but nevertheiese a
stronger tendency developed. which resulted in
q strong to 10o higher basis on common 10
medium grades. though some few sellers did
not call prices more than steady. The better
REEL, AND RIITfHEa SnE,r,pa
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
ST. Loui. Future Prices.


Pork, Z. o. b.-New standard mess In JobbtnR
vay closed nominaily at s14. so.
: steam on E. side closed nomi-
nal at s.e2l4c: kettle-rendered ,7ygshc.
side thus: Hams-l0-av. at SAC; lbs at CSC:
Ils and Iss at CSC: ISIS at s95sc: POS at l0isc'
Skinned Hans-1es and 1sG2es l0Mc: 22q2Is al
i0Izc: CALIFORNIA; at 6h16sc: New York Shout
ders lOd12-av.) at SIC. From the block. del:
Hams at SC to 9Ac for run OF house: bellies at
&c to &c, as in average; CALIFORNIA; at &C;
New York shoulders at SC.
ID. s. Mets-To arrive. loose cured cribs
closed nominaIly: 409i5-av. at 7.50c and 50-av.
: CSC c. a. (. Boxed lots in tobbing way ranged:
AT TSc, bellies at Sc to &c, plates at Sc. fat
backs at SIC. standard backs at TIC. Orders
Bacon-BSd. & O.. meats IN . sobbing way
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

REPUBIIC SPECIAL.
dull and featureless. except for a squirt in
American Can shares, the preferred running
advanced a point to s. The rise wac due 10
manipulation, accompanied by reports that the
dividend on the preferred stock was TO be In
creased. This was not credited. When the first
dividend. OF 2z per cent was paid. last Sept, on
the preferred stock last year, the price was
run mp TO around IS. The payment Of the divi-
dend was used as a basis by certain persons,
generally thought to be insiders. to distribute
some Of their holdings. The price afterwards
broke to below 30. It Is supposed here that the
same people may have replaced their holdings
at q lower lev Ell. Other sales were Standard
OIL at GA, or the same as the last previous
sale. Northern Securities y higher at $9iL, and
Greene Copper at l0h and lOL.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
81. Lnnis Curh Market.

St. Louis-May wheat &c sellers: puts &c
bid and calls y5k6c bid.
July wheat size to s7Sc: puts s5Sc and calls
ii
MiIwaukee-May w~heat-Puts sO%c asked and
july wheat-Puts ss7sc and calls s3%Q9shc.
May 5Sfsc Did and calls SkG56sc-
July SKYE bid and calls 54G54Isc.
Mlnneapolis-May wheat 97sc; puts 951ac and
calls 99c bid,
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
Petroleum.

OIL City. Pa. March 1.-Credi. balances ,1.T;
zs.sis; runs / is.7ss, aSersae s. u.s. So. shi pHsTase
Lima, GS,7iS. average S3.0ss: runs. Lima. 2?,-
Lima, o.. March 1.-The price of crude oil
was cut &c per Dol. on the high-grade product
Kansas to-day. No cause for the eG TednctEion ans is
apparent, except that drilling will be more
ed to Increase. oactations now St are: Is pe en 2
castle M.si: North Lima s1.s: SOUTH Lima AND
Ky) Gee: South Neodesha (Kas) N.2s; North
Neodesha (Kas.) sL0S. heavy Kansas Gc.
The Metal Markets.
New York. March Tin declined on the spot
Is Cd; while futures were unchanged at fi25
e Closing i0t at 2sa2s' TSs copper c0ppe eI sss steady wiaa sOE IN
London. with spot unchanged at ass rs Cd and
casting all quoted al L: soil SOC. Lead was
MARKET Market a pdya n eeae to aha son "a . Sc. While eh hon lSSal
closed at Ell los 3D.. spelter was unchanged at
local market. IRON ele e at SIS "a in nc Gi IN shs
and at IS I'D in Middlesboro. Locally ron
quoted at si.7sa15 s; No. : foundry. Northern.
at So 25glf7S; No foundry: South.
ai5.7s. "
New York. March Bar silver 57hc per
ounce. AT London easy at rs 9-lsd per ounce.
Treasury Statement.
Washington, March L.-.Available cash balance
s223, 06S, sos; gold SOL. 93i .91s.
New York Money Market.
New York. March 1.-Money on call easy at
fine loans easier: g. days 9 per cent: % days
81; 6 months 494H. Prime mercantile pager ~
actual business in Bankers, bills at 4,sssS
4. $3.50 for demand and at 4.s370d4.s3S0 Tor 6o-day
s Sll5S; gSstfd bi Tnses ass a.'t &sS IL and doli t;sz@t t5s
Government bonds steady; railroad bonds irres-
u,ar.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

B~utter-Higher for best grades.
Extra &c; flrsts 2392lc: seconds lsG20c. Ladie-
~packed-Extra lSc; hrsts 15c. Dairy-packed-
Fancy 1eG2oc; poor to fair I5c. Country roll
Choice. lsc; packed and ordinary 1ilsc; grease
stock 465c.
Eggs-Received LOO pkgs. local and Los
nkgs. through; shipped $,n3 pkgs. Market
Cheese-Northern. on orders: Twins at lie;
singles i14c; daisies 1i15c; Young Americas
nmburger 11@i2c; poor 1890; swiss lie Sor
choice. No. 9 at 1OGI3c; brick 12G12Mc.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

an active strong basis. The demand was quite
good from all sources and with the supply
light a ready clearance was soon effected. The
quality. with the exception OF a few good cows
and heifers, was only fair. AS q rule, prices
We're strong. but occasional sales OF desirable
butcher grades were about l0c higher. Can
ners and cutters were steady to strong. Veals.
sold fully steady.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
TEXAS AND INDIAN sTEERs.

SHEEP-A good moderate supply of sheep
arrived. although very few good native sheep
rivals. the offerings principally beng Westerns
anu MeNicans. fed in Missouri. Inc market
showed little or no material change, all rea-
sonaoiy good mutton stock selling readily. with
but lutte roubie: However. there was not
late. and ali that were only fair were slow
and dun. But little business was TRANSACTED
in until nearly noon. INN InmDs were in poor
demand and sold very slow and irregular,
the receipts being about the same as on Mon.
day. but not quite as large as TUESDAY Of last
but did not include as many pigs and lights
as We're on SAFE MONDAY, otner Western mar
a total OF $1,000 on sale at the hive principal
points.
ness was transacted before 10 O'Clock. Early
sales were principally to butchers. spectators
and shippers. the packers not taking hold until
nearly noon. Prices at the opening were bare
ly STEADY and in places a shade lower. Pack
forced 70 oay steady prices. and when they
We're tniiy convinced they eoula buy no hogs
a shade better than the openings. Pigs and
snaS lghts o were IN very poor demand, ana II
them selling &C to lc lower The late mar
Good butcher and heavy hogs sold ut s.. 800
s5:95a5. 50. lights ABOVE $50 lbs average RAJ S. iets
30. lights under 10 lbs. average 81. 25f4. 10.
ana cults at =; e5a0.75 The bulk Of the hogs
weighing 80 lbs or more sold at IS. 50a 81,
against s. Monday.
H~ORSES-horse receipts are ruling rather
heavy, the supply being over LOO head in the
FIRST two days OF the week. About 80 head
were before buyers in the auction to-day, and
even a larger number will be available Wednes-
day. The, condition OF the demand is pretty
good. a liberal representation OF the buyers be-
Ing on hand and the general market active.
southern horses were in active demand ard
were selling about equally as good as last week,
but Eastern horses and heavy kinds in general
were not quite maintaining the tone OF last
week. Inc extremely liberal buying last week
on this account, combined with the current
large receipts. is responsible for what little
harness horses manifested Increased activity on
account Of the excellent weather which has
been prevailing and the nearness of the sum
mer season. many new buyers for pleasure
horses from all quarters being on hand in
search OF suitable openings. Save for the si-ht
easiness on Eastern horses. the general trade is
in active and favorable condition.
Horse 0uotafInDS- TTT
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
Hides.

Quote dry flint: Texas butcher ds lbs.
and Oy1s IA. 5 at lS$ Is his fallen at ISAc; an
Arkansas at 15hc-latter on selection lsc for
No. / and lc for No. 2: glue at &c: dry-saIted
ton at SIC for No. / and TIC for No. bulls
Green Nc. / at g. 20; No. 2 s.1: colts, ponies
and blues at 81: all dry Bc.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
Exchanre.

Reported by Francis. Bro. & Co.. no. IA
N I'm sterlins, cables 4.s7io9z. sTao: checks
4 Sssod4, $50; 90 DAYS Eseds-SS0
Commercisi sterling. checks 4.S6A; 20 days
I.ssMd4.SsS: 90 days 4.s.S- 49,
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
New York Curb Market.

Transactions at the banks were In large vol
ume and there was a good demand for call
and time loans. with rates steady at to per
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
HEAVY SELLING BY LONGS
CAUSES A BIG SLUMP.
MAY WHEAT NEARLY :
CENTS LOWER.
Market Is Under Pressure Of Ii
quotation by Outsiders Who
Came in at Eleventh Hour.

Nonprofessional longs were shaken out
of the market yesterday, with a result
ing slump of nearly 5 cents a bushel in
the price of the active option. Most of
the sellers were those who had been on
the buying side for several lays. Some OF
these traders could not stand the pressure
of a steadily declining market, while 9TH
ers had placed stop-loss orders. which
were reached during the session. There
was no bulilsh news to Justify a further
advance. Foreign markets were lower and
there was a falling off in the cash and ex-
port demands. Nothing cut much figure In
the trading except the commission-house
| selling, which showed no signs of a let up
until near the close.
May wheat opened &c off and sold at:
9sHc. sstc. ssc. gsc, size, g7sc, s1tc. SIZE.
size. 97bc. &c. S6zsc., s6ssc, $3.50, Ssc, ss+e,
SEE SIC. Sic. Sc. SAC. siSsc. sisc. sac. sac.
&lsc. &c.
Corn showed some early strength. but
later shared the weakness Of wheat. In
this market also there was a good deal
of outside selling. and legitimate news
showing large receipts and favorable
weather had more weight than it had had
for several days.
May corn opened &c off and sold at:
$50; 4sHc $3.50 4satshc. e, 81, fsEES
4i4sc, 474c.
Receipts Of wheat at st. Louis 113, 100 bu.,
Of which SO cars local n 80 cars through,
against 80, 400 bu, of which 10 cars local
and II cars through. in 1903.
ni,eo bu., against $500 ba: in isSs; and
shipments sa, o bus AGAINST 1900 b Sss
in 1903. Chicago received 1855 bu. and
Kansas City 239, 400 blu. Clearances, sO,VW
bu.
Bradstreet's report the available supply
of wheat east of the Rockies for the past
weeA at l.7O3,0O bu. decrease and stocks
in and afoat for Europe decreased 100000
bu., making the worlds visible supply de-
crease 100000 bu-, against a decrease OF
:, $40 blu. a week ago and a decrease or
100000 bu. in 1913.
Receipts of corn at St. Louis al. 800 bu.,
Of which 146 cars local and IL cars through,
as against 121, 500 bu., of which JOB cars
local 80 ears through, in 1903. Samples
Receipts of corn at primary points 6S,-
900 bu., against $4,000 bu- in 1903, and snip
cage received 300 200 bu; and kansas CITY
81. 800 blu. Clearances, $4,000 bu.
Bradstreet's report the available supply
of corn east of the Rockies for the past
week at $4,000 bu- increase, against an
increase of z, 100 coo bu, a week ago and a
decrease of 1877 900 bu- in 1903.
Receipts of oats at st. LOUIS loeSo o9'
as against $500 bu:. Of which IL cars local
and Is cars through, in 1893.
Receipts OF oats at primary points . Syg-
ments $3.50 bu., against $4,000 bu- Clear
ances, 1000 blu.
Bradstreets report the available supply
of oats east Of the Rockies LOT ahe an
increase of $4,000 bu. a week ago ana d
decrease of SS1,OO bu. In 1906.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

&c. Rostn firm: A 3 c D $40: z rs;
SO: q ss55; II 81: 80: 1. s2.es: K S3.25;
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

SOUTHERN cATTLE-The quarantine mar
kct was active and strong to l0c higher. The
supply was only fair. totaling % cars that
contained Las head. while last Tuesday the
receipts were 1853 cars and 3,2Tl head. Steers
comprised the bulk of the receipts and were
generally a decent class. with a few good ones
among them. Trading throughout was at the
advance noted. There were quite a few bulls
available and OF slightly better kinds. Values
calves were received.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

MILES-The run OF mules continues small,
particularly as reEards full consignments. most
OF what receipts there have been being small
lots arriving with horses. and not very many
at that The commission supply has amounted
10 about 400 head in two days. Dealers are
having a little trade. but it is having no effect
in the commission market, which rules slow
and outlet and unchanged. There are MANY
times enough mules in the hands of dealers 10
I'LL all the orders that are coming. which makes
them rather Indifferent to all new arrivals. The
market is no better than 1t was last week.
conditions are equally as slow and sellers are
having Just as hard a time negotiating CON
s.gnnients as ever. The common ones are very
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
BY Telegraph.

Kansas city. Mo, March 1.-Cattie-Receipts
s,oo' including 400 Southerns; market steady
to 100 higher; all quotations steady to ioc
higner: export and dressed beef steers 81. 6U@
S;S,s4so; stockers and feeders 8.0OlI.5o:
southern steers s.. 4pG4. 10; Southern cows s.. 50
gs5s native COWS S2q3.s5: native heifers 81 rs
WhLa: bndls s2.5eq3 calves s3d6. Hogs-Re-
ceipts 1900; market 5G10c lower; top 81. As:
bulk Of sales 8 ;o5a5.a5: heavy s.. sOa5.4 Is; pack,
ers so.lSg53 %; pigs and lights s425d5.20. Sheen
Receipts 5000; market steady; native lambs
SgSci.; western lambs. si.s0Ie.65: fed ewes
Texas clipped yearIings S4.SJa6. is:
stockers and feeders s.. 15aiS.
chicago. March I-Cattle-Receipts 5000.
market steady: good to prime steers s5dS.;5;
poor 70 medium *S5oQ4.S so: stockers and feeders
cows S.JyII: heifers $2a4.50: cam
ners s.5oa2. 50; bulls sgd4: calves s3as. rs: Texas
fed steers Nqi.I5. Hogs-Receipts to-day IS. 90:
tomorrow $500; market strong TO SC higher:
mixed and butchers S.. 2DG5. 62I1; good to choice
heavy $5.50d5. 20. rough heavy IS. 2od5. AZ: light
$i.9Ou5. Is: bulk of sales s. 25d5.55. Sheep-Re-
ceipts 1000: market steady; lambs STEADY;
mostly Joe higher: good to cnoice wethers s4.aS
gao; fair to choice mixed 50. 5OG4 20: Western
sheep S2.o1G6.25: native lambs 81. btd5. Is: West
ern lambs S4.5oG6: 95.. Official yesterday-Re-
24.175: hogs $500; sheep 4O.45a
Shipments-Cattle 4.S5: hogs s.73S; sheep 4,s52. :
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

cases A slight fall Of snow gave a wintry
look to the streets, but with weather growing
rapidly milder and full listed receipts. a slight
decline was effected under free offerings on the
exchange. The opening sales were OF Southern
arsts al 2oc and followed IN order by several
lots of Western frsts at 30lac and Tennessee
drsts TO the amount Of 80 cases at 20c, with
further lots OF the same offered at the close OF
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

New York, March Following are the high
est. lowest anu closing quotations for stocks on
the Stock Exchange to-day, with the total
amount OF saleP:
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

Yesterdays clearinghouse statement showed
clearings, 81 ,sos. So; balances. 81. 9625 800.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
chicago Stock Market.


1enorted by Whitaker a Co.. exchange bro
kens- 900 North Fourth street.
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02
New York Curb Stocks.

Reported BY G. H. Walker & Co.. s7 North
The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-03-02

Mining Stocks In New York.
Bond Quotations Mt New York.

New York. March 1.-Followins are the clos
ng quotations for bonds on the Stock Ex-
.banOa fO-iav-
The daily morning journal and courier., 1904-01-05
IOWA CAPITOL IN FLAMES
$s, ooO, GOO BUILDING DAMAGED
 TO EXTENT OF $500, 900.

House of Representation R Chnrred
 Mass of Debrfs-Legisiature yvtii Have
 to Convene in Temporary Quarters
 The Governor Aids in Fighting the
 Fire.
 Des Moines. la, Jan. Hire to-day gutted the northwest wing of the Iowa capitol. causing loss of $500,000. The chamber of the house of representatives is Q charred mass of debris and cam not be repaired in time for the ap- preaching session of the legislature. At one time it was thought that the en- tire building was doomed, and Governor Cummins ordered the contents of all. the offices removed. It was announced tonight that the converting of the leg islature would not be postponed, but would meet one week from to-day in temporary quarters.
 The origin of the fire is unknown, and Governor Cumnins will order an inves- tigation.
 The flames were discovered near a shaft in a committee room and spread around the ceiling of the chamber.
 The fire department was hindered in fighting the flames by the height of the building, and the elevation of the capi- tol They worked only to cut off the progress of the flames. The gallery of the house chamber fell with a crash, the debris injuring two of the firemen and endangering the lives of several. The state library was safely removed and the state offices were emptied The funds of the state treasurer were hasti- ly loaded on wagon and carried to a bank
 Governor Cummins, clad in rubber boots and rough coat, fought the fire, which finally burned itself out To- night the capitol presents a scene of desolation. The marble staircases are covered with ice, the floors are flowing with water and the offices under the burned part of the building are flooded. The Iowa capitol is built along the lines of the New York capitol at Albany. It cost s30O0,0 0O0 The state capitol commission has just completed the re- pair of the building at a cost of s125, 1000, most of which had been expended in the chamber, which is ruined
 The building was supposed to be fire proof, but the use of several false ceil- ings furnished material for the flames.