The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-04-27
The Advance in Brcad-tufls.

The war news has Induced an active spee-
ulafion in grain at an the great interior ana
-cdbourd centres. The movement i'm Wc.t-
ern corn in tho Baltimore market during
,,, no., ,,...., ho., i.., ,,.i,i. nj precedent.
Th, ,.,,,,...,,,, 80 ,,., -, .r,,-,otion.
an .ch,u,,..iu, .t,.,t,.ro,,.h.d thc.,n,,,o,s
fatal al q ~ noo lu.h,le Tb..t,.l, an hand
has l,,.,,i,, in,.r,,..d ,u,,i,r bo,v,. and DON.
stor,n. .,r,ll.,,., ,,.,,.in,s Tho ,.,,,r,e ~
tina u.., ,y..l l,,, ,,,..,..,,t.I =, aoo
hu.hrl. n,,,ir.t 4.,e.n ,bn ,,.,,,,u.. Wi,
tn Chi,.,o,.,l,. ,.,,. ..,,, ,,i.,,, ,,,, ,i,,,,l
l.,l, ,,, 49, .... ... ..,., .,.', ,....
,n.I,1..,,,, .in. ,t..,,.., ,,.,,,, ,,,..,.
t,.-,,,.. ,n,, ,,,.,, ',.,.l In ,,,i.,.,,.
l,o, ,hc INST y...l. has ,o.n ono - ,,n,,.,ol
,,.,,,,,,,,, n,. ..,., ,,,.s,..,,
fifteen To tw.ntv-live cents a barrel on free
sales. both for shipment and domestic con-
snmption. Wheat rose from seven To ten
cents and corn from two 10 four cents per
mi,hel. with sales for the dav of 10000
bushels wheat and i27Ooo Lu-hci, corn for
profupt and forward delivery.
Ihctutal rise in tins market from March
10 t. April "A has been ON wheat tNo.2 NIL
wnuk,.l from 81 igVsl 20 Il el1e-l - Nor
/ hu~hol. and on corn lN,w York steamer
/ miXe,n from So ti5i cents toGlaG4 c.nt- nnr
| hu.hel. Duripg the same t,criod -four Min
no,u.a straight brands, rose from sG.4 ,e
| $3.50 nor barrel 70 sspl0rslO nor barrel. with
I sales for the day fIuo~ lay. April If lsO5J
| barrels. On Wednesday tho markets for
! broadstuif-, both here and elsewhere
throughout tho country. continued excited on
large speculative purchases. with a further
| general advance. Flour rpe, from, tffnen tn
nftv cent? Der barrel. wheat from seven 10
! ci.-ht cents and corn from three 10 four
cents lcr hu-nol, with very large sales. The
elormou- advance OF IN. last few days has
unsettled ocean freights at the chief Atlantic
rrtb,aid ports. and the new views oil hold
"rs of broad-Wffs greatly Interfere with
/ the export movement
The o,,rn,,f. ,nr,,. cram az those 1-ni,.l
States i'm l-7,, ,y.,, I 9l5loono ln-h.ls ar IL,
rn,iud numbers Nno,oun, hush,l- II il.
estimated that mo natural incro,.. ~ nara
a,.in,l,.s,ntb f.., b,,,o ,,,,
biu.d with the rr,bnble increase Of o|rcay,
in tha W.-far,, stntns -sh,,,,ld tho nr...,nt
advanced uri,a If rnrn h. maintained
would. with an average haryoe, ins,,r. fan.
1877 larucr oldham ey.rhafor. Wncan
safely stimst. th,. u.Nt corn Gran ,t , ,oo .
ono 600 bushels Eight cents por bushel ON
this would represent money value Of SI2l.-
O0o.ol0 Il must not. however. he forgotten
that fort, odd millions OF home consumer,
Will Ice forced 10 pay war prices for Amcrl-
can wheat and corn. or that our own prople
consume by many times a larger quantity
than can be sent abroad.
In 1916 the average price of corn Der
bushcl was highest in Massachusetts and
lowest in Kansas, nincty-live and twenty
three cents respectively. If we strike an
average, and place the price Of corn for the
coming crop at forty cents per hushc it
would represent money value Of sGl1,00o,-
OOO, estimating the yield at l,jOO,Oo000o
bushels From present appearances. il
would seem We are ON the threshold Of a
general Europoan war. and that. sooner or