Telegram-herald., 1888-12-21

Eelstf - 10 F11lic, sla ouglt 8ot 70 -
allowed H. dsss4r lhs frsaehiss geii'io1ed
Ter a. Aichigsa las = direct money
intsFsss IA the e1aztE uelioa u some sort
" bridge % laaBsl.
WHEAT, fLOUk AND BREAD.
tas sas4t maEksl yesterday s.sidsd -
sssr.sl .lias1css sa1 over prices.
Tie bulge in corn ~as asariy al lost
oNiDz 70 prospective larssf fscsi2ts.
talllDorganl caaasss Ia prsFlsloas.
Owing G. a sas2I dsm4ad Tor cash = heat
a. Alo1eagolis lls1rss ssrs weak VIA
prices 81 81 l54 Nay. o. opening al s. IA
a. clos * Receipts sefs very saA-l slslaS
some encouragement - The market Jsnu-
afy sold a. tl.l0 for track delivery, viii
s. 80. bid tor December snd ~. Northern
Nay va otsred al tl07t
kecsi pts seFs only l4s cars aBd fhs Dis
play ga The sample tables vas iisht. Values
are practically unchanged Wheat receipts
als dFoppiag throughout The cOuutry.
Tie tsulsncy VI shs4t prices daring the
east week has been against tns bGyers.
he amount 0i H0lr -ales has oeea sOae-
sa4. .4fssf than d4ring TIE past fe~
seeks. sassing that coas1ners' stocks lu
ire East are getlDz somewhat d0sl. lne
STOCK VI American houfs. oOtn IA importers
aud consumers land. = lover nov
tlan Tor seeks past and II
Is anticipated that an improvement 10
prices ~ Hour Nll soon appear in the
market. lls general iesiins in Engiand =
tlat America IS holding ao0yo sli Otnef e1-
porting Countries. and prices viii need 10
come down 10 tAs aiIsd States. Arrivals
oi t0lr 10 EDkla1d are smsL, Viz. From
niied States aud Canada. 1919 sac<s,
L0ltlaenlai 500 SACKS.
Where the ore4d-tu1s are coming from
for ms neKi I'VE months. The London Nj
ler ASKS. Is 70 froiu West America. or from
sast 0f Russia, shat the chief Winter sup
p4lss " wheat are expected
Amefics in he carg0es on passage j.
fully represen ented by nearly one and one
fourth million quarters ai0at from the Pa
cine. and more remains 10 IOiiow. but Il -
Uncertain when they wiu arrive a. ports OF
cali Probably a large portion will be
diverted 10 tae continent. When our out
l0ok turps 10 Atlsntic ports. oaly ship
load Of ~. .0JJ quarters represents America
on the herring pond tluctuating IS are
American markets, there can oe no reliance
placed upon wheat or h3Ur coming ~ rates
acceptable 70 buyers on this side. Russia
with Only sDout 40 zoo quarters atioat 10
the United kingdom. vet has plenty OF
wheat behind crying out come and ta2e
me- Moreover. present rates are enough TO
d0 iG Russia What they fail TO do IA America
to move steck ks, aud wereit not for Winter
obstacles u Russian shipments, large sup
- a
months Of 1889. But frost in Russia is a
power that IS more sut0cratic than the
Car. and although odessa remains open.
importers do not and cannot rely upon
Russian shipments in Mld~inter. Perhaps
the point is worth consideration wheiDs.
The English rates of wheat likely 10 rule,
will not De strong enough to attract sup
Plies BY rail towards ports where navigation
may nor De suspended. Anyhow, .gOm
the present outlook. Russia IS the source OF
supply 10 be cL Lehy watched. yes. and
feared by the American wheat growers.
When tie total Supplies are known, tie
merchant hss only 10 20 through the pub
nshe1 lsf Of steamers laden with wnsai.
and 20 estimate from the dates of sailing
when thev should arrive at their points OF
destination.
Anstraiis. from recent news. appears to
be almost out OF sight as one OF the great
powers of wheat supply mex. year. pzrticu-
lar.v IS the harvest IS deficient As expected
s1iDpers will want nigh rates foT their
scAnfy surplus stocks
India Is beginning its campaign OF selling
in adyiucs already, aud the new crop May
jane shipment. IS offered ~ about B 10 35s.
but such supplies refer rather 10 the Sum
m4r trade OF Ioo9 than 70 spring.
Looking towards France. trermanT, HOl
iaud. Be GUM. spain aud Italy, the marke
view il seen o be quiet and without
resctin- Influence % any extent on British
trade u ,uv influence is sxsried. Is ist.e
force rather supports prices here Vi whesl
and t)ar."
The mi.lers Of the Northvss' nni South
wess have concluded tEO davs' couier
sncs a. Nj saukee. The convention m
u0int of nUncers and milling capacity was
lbe largest ever held in this country. The
deliberations and ine tinai results we're con
Quoted In a manner OF conciiiati0n. Tns
conference can aOt be considered in ths
lqht OF tending towards the formation O A
trust Tas sction taken - only OF 4
purely rscomueBdary c0aractsr The mil
lefs prpss 4t Isc0m nendsd that ali the mills
both Spring and Winter wheat, shut down
o. ore-he.f tine during January. This
action Uas passed IN tue form OF a resoiu
ton. WAS thoroughly discussed and adopted
Nifuout dissenting voice. The millsr-
present represented an actual daily capacit7
"a essrtg-six tbousend barrels. The seust
of rha convention Was that this action
would - accepted by the millers oil ove,
f h. country.
A 20 the stocks Of Winter wheat on
band Sc va iouud that Kentucky and Ten
sessse bad ample for the present. Hin 0is
aitr5. South err Indiana good OHIO fair
Niclirsa thought tasv would be able C
rousaue au their surplus during The nsx'
month The reports a. 20 the condition o.
thr growing crop Of Winter TAeat we're
shat lhe crop GOES into Winfs- 4uare-s
bsf-sr than i- dif In Decem Der fss6 fs~5.
Fecsfrts oi wNesf at Minr sspo'is Tes
feriav we're ifS cars. on track 900 cars
shiaue1 ONT 81. cars Chicaz0 receipts o
faur fae ooo barrels silcs Dscsma4r
szsinss $4,000 for tne corresponding tim.
as year.
Wheat rscsips At DJlgth YESTERDAY
Is 900 bu sgsinsf f7toN0 al- yesr sco
Wheat receipts a. ST. louis yesterday.
. 0o0 sEainst & go bu a yssr ago.
Whesi receipts al twelve D0'1ts 7sster
sav we're iot0C0 bu. against l19 1c0 bu.
year sgn.
Wheat rsceiots At three principal point
vesfsria7 vtre ZOO bu. against t-.sl
on rear ago.
Weest ciesrsncss from to- three priuci
"a Atlsrfic ports YESTERDAY we're 5000 1u
against 2tfNo bu a gesr szo.
We CAN NOT TELL