New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-08
MOVEMENTS IN THE GRAIN MARKETS.
DECLINE IN NEUTRALITY-SUSPICIOUS.
IN GRAIN RESTRICTING ExPoRTs-INCREAsE IN

FURTHER DECLINE IN DSTUftS-oFbSOhni'O-'
IN GRAIN RESTRICTING ExPoRTs-NCREAsE In
STOCKS AND THE VISIBLE SUPPLY.
The produce markets declined still further yester-
day, wheat closing from l. to 8 cents lower than
on Thursday and corn and oats from u to ll2 cents
lower. Pork and lard were also lower. one Oh tlJ
prominent members OF the Produce Exchange s'iu
yesterday: -,
1T is exceedingly unfortunate that the spccula-
tive element has got such complete control vi ene
products of the country. There is almost Goinpere
stO page of all export trade. think that JAMES H.:
Keene and the rest of the Wall Street clique VIII yet
find themselves in the position they were IN tho
wears ago when they attempted to c0ntrOl inc
wheat market. They found at that time that PRICES
were run up SO high that England and France oD-
tanned their supplies from other countries IMAM inc
United States and the result was that there had 70
he considerable decline before there was any
foreign demand. What is the position now keene
and Others started the reports three months ago
the corn crop was not promising anu that lhere
would not be above 70 per cent OF the 1879 crop.
II is not denied that there was some tou damon Ior
this: but they must not forget that we have a
greater acreage this year. that the DANUBE 'ec,ons
were very productive. and that supplies VIII DC
drawn from there. Russia also had good wneat
CROP and if are not sharp we snail ne cauenI III
the spring with a large surplus OF gram vi
hand. o,t.l
from the short crop theories on inc corr 100 400
The visible supply of corn has increased ,5Oo'o
bushels in the past week, and to-day amounts 20
273S1 600 The elevators and wareh uses III
Chicago full, and those here are ast hg up
owners are complaining because they can't get
freight" a., n L.. T.,
T. H. Walker statistician of the Produce TX
change saw, in his weekly report OF Yesterday;
The general reports OF the Russian wheat am rye
crops of sSl indicate, in connection WI wha Nae n''
her cXpnrt surplus previously, that kiSsla of me 'I
of SSl will have an export surpns OF wheat ol aDo
100 900 600 bushels. The cNpOrtable surplus 81 Ch-
forno ana Oregon including about 27,OOOOOO bushels
of wheat carried over from the previous crops mas ptt
placed at 70 900 900 bushels Of which 93l63p busnr7
have been disposed Of h export, leaving availhbe or
exnort ON the Pacific GO6S3G95 bnehels of wheat
n this shall he added tu the quantity exported from At
antic ports plus the visible supply II viii make grand
aggregate OF l25,37l.G3O bushels The pI"baple re-
ulired imports OF EuHoue. the West Indies, Soulh
America The Pacific Islands, The East indies ana tie
Rritish North American colonies. VIII he from 2t1,OVO
600 O 265 900 900 bnshest least present Information
in regard wants indicate that these hSIts are Wl
the range of the probable requirements III TINS sra 80
ru out Russia and North America viii, on tne OASIS III
Dictated. about supply the required wants u so d. l''
these two coun tries DO ute enough. there are
left in reserve meet possible contingencies IN AusJro
surplus 81 about 6,poO,OOo blse.H ~
wheat n Dnnuhian export surplus that may rang li"h
Is COO 900 to 10000 600 bushels; probably souetinE
from Turkey and her dependencies; 4,juOOOO To oOOO
600 from Egypt ami something from British India the
prospects have been favorable "a both Auslfdla anu
New Zealand for a good crOpo wheat, and tue export
surplus from this source Inag ho from 12OOOOOO TO
90 900 600 bushels Chill may have ron 3OOU.O0O 10
1000 900 bushels for export. Toe presentation oil me
situation does not indicate famine during TINS crop
year. e.. -
The 1874 vessels which sailed with grain cargoes
in September carried total of 5,97l ,l3l buShcis
of wheat and corn, decrease as compared Win
September of 1880 Of about 5000 900 bushels.