The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1904-09-13
DAMAGE BY RUST IN NORTHWEST
SENDS WHEAT PRICES SOARING
Corn Makes Gain of :I->r-Bats
Advanc" l->c 70 i4c-PrOvi-
sion close Little Changed.

! by .sS1C-.;T PRESS
| Chicago. SD I--yf.iyi.i gD.... rrT;. tio.l
Of alarming rst-d.niE4 reports esuse,i
I & advGuc" iu TIE p-ice Of q y deliveries Of
wheat here to-6ay The volume % ,y.si-
ness was large. with al abundance OF buv-
az. orders from outside specul4iors The
close vas practically az the highest point
/ q: th~ day. Corn finished with = gain ~
y oeis az ~ all Provision prices
are Unsilsrei.
( gHEA-
! From The start tie wheat market vas
exceedingly s'.cas- The feature % para
Elyaat importance vas TIE Gov-rnmen,
crop report. issusd late Saturday after
I noon confirming N great degree the
I alarming stones Of damage - rust inlet
e. Oh spT.ilg heat According To- th- Of
I te7 and syrii4.- heat J. - $500 hu.. n
I amount claimed 10 L. barely Sufficient -
/ - tls:y hoIC- ccI<uTnTtI0r
A. rssrslt e! me exceedingly poor
showing Of IL. sm~rt1ar. crop. ali Euro
pan grain ulaik-'s N"re higher. This
To- Helped u iaarels- IKE demand here
/ &. wheat ~h.n trsi.nz b-ean- IL add
| - thar fresa drul7s- by frost had be-a
n ri.r@d gpon tn" sFrins-~h.at crop
| WIFE such Alarming news at hsnt.
/ fort 10 cover sales III. demand wa -
1 urse-- that initial quot, lions on all eei!v-
cries v"r" ~ about cents compared wiki
: SsturIars closing quotations Dee show
ing sain ofisalr TO i=,lec. a. ioSr 10
: As :he session advanced. a nos. ~ small
cExlUg orders came IN from tn country
I indicating apparently thst the public a,
/ large vas beginning 70 reaiiz. the aar1as.
s1sta;neo by The hread-producing cereal.
iire.y Inadequate 20 the demand With 10
.et-uy IN t6e ouyoug SIT0-- prices w.-.
/ for.ef higher and higher. Until all options
had reached po!at 3 above the last QUO
| tatLoEs on Saturday.
HIGHER prices in all oute;ie markets
hslped 10 stimulate blllish enthusiasm
her- Reports % large sour sales in the
Northwest also added strength TO the Sit
ustiv.i- The high point On Dee. WAS scored
at j. Is which WAS Esffia.c above the
Close on Saturday
The sensational strength WaS maintained
W TO the as, minute Of trading the mar
ket closing almost at the highest price.
with Dec: ~ 81 f. .lay raEs.,i between
g-lil- and y li's. and closed At N.Ii.. tn.
current month sold between SO, and
81 0.... closing Al he high point
Clearance % wheat and -four were
saEe increased $50 -" b.. Tho visible sup
ply decreased 1851 n. bu Primary rr-
se.gt, we're IKE 81, bu-. compared with
10, bu. year ago Minneapolis Du-
luth and Ch!casO reported receipts OF 5
cars against iess car. year ago.
CORN.
Literal receipts and bearish Govern
u.ut crop r.pTrt had Il depressing i1r.I-
ence on the corn market Strength Of
wheat kovey.:. held the rlarks; IN check
causing a moderate advauc. I'm the face 81
heavy liquidation Some % the tic hold
ers were free sellers early in the dIy The
market closed firm. Dec. opened nc 20
80 higher at Size to 5l4.c sold h-,we.n
Sic and 5ii.c and closed at 5y.c Local
receipts we're Ills cars. with - Of con-
tract grade.
OATS
As result OF moderate selling By SOW
eIal OF the bull leaders. sentiment in the
oats pit was somewhat easier earlier in
the session. Tn. strength Of wheat how
eyer mad q similar eject .ss on the corn
market. all Of the los being recovered
Dec. opened i-TisC 10 80 higher II &c
TO go sold between Sc and ess,r md
ciossd at gin. Lcell receipts v-i- "a
VII p.>-cr- ~ rr--r-p-s