Kansas City daily journal. [volume] (Kansas City, Mo.) 1892-1897, 1896-07-18

u. H.. white, of st. Louis. says. "Therc
is the best foreign demand for oats ! ever
knew"
Tn burlington road yesterday morning
announced the indefinite postponcment of
the reduced tariff on grain, which was TO
go into effect next week.
Heavy rains fell In Western and South
crn Kansas, and showers elsewhere in
Kansas and also In Missouri and South
IL predicted for this section.
~. g. Christopher says: AS this silver
sentiment increases. / believe you will see
Increased buying Of wheat. just like hoard
ing vf gold, which may result IN. better
a long shot
President Gable. Of the Rock island,
says: '"This is one OF the times when 1
don't want to owe any money. | have not
seen such an uncertain outlook ~ many
years. business Is bad now and there
lied ' Nv
port yesterday s5o.oo bushels Of wheat. Ss,-
bnJ packages Of Hour. ti,CD bushels of corn
and iGioJ bushels Of oats. Five days ex-
ports Of wheat and flour amount to l.6S',-
90 bushels.
Robert Lindbl2m, in discussing the situ-
alton, says: We are drifting toward a
vent 1t. As soon as we get there the panic
viii cease and ali. property Will advance.
rms, Is a self-eyldent proposition, and is
gradually becoming. understood, and con-
seqlently wheat is firm. In fact, is actually
strong. everything considered. 1t VIII also
cause Il sharp uptIrn in stocks as soon us
Wall street learns elementary lessons in
politics and political economy
present prices says W. II. Bartlett
There is no safer investment for those
who have money than TO bug grain and
put 1t away. Grain IL the equivalent Of
gold. Every bushel of our surplus is sold
for gold in tho markets of the world, II
the Investor believes his country is going
on a silver basis, he should buy grain with
the greatest confidence at present prices,
being assured that any premium on gold
VIII be added to the. price of grain. II the
country decides in November to retain the
gold standard, the rc-cstablishmont of con-
ldenCc, the reinNestmcnt of huurilngs. the
How Of money from Europe In payment for
our securities will all tend TO establish the
basis Of a speculative movement that,
starting from present low prices, must give
US a sharply advancing market. SO, in
either event, n purchase of grain at the
present time by those who are prepared
to hold on until after the election, or TIL
the probable result of the election has
been ascertaincd. seems to me the Safest
Investment in sight
The Modern Miller OF to-day will say:
Correspondents report Disappointing thresh-
Missouri. Northern ana Central Illinois.
Indiana, Ohio. Kentucky and Tennessee.
In. Tennessee and Kentucky the grade is
below expectations, and smut is complained
of in Northern Missouri and Iowa. In the
West, where wheat is plentiful, n very
light movement is reported. Southern and
Central states millers are already buy
Ing wheat in Kansas ana Nebraska and are
Ienert lly paying a rcmium Tor local grain,
deliveries, slow threshing operations
and an Important Improvement IN the Hour
South and Southeast than for several
months, and the winter wheat export de-
muni is the best Tor many months. y
light early movement OF winter wheat Is
wheat milling capacity in six months is
now in operation.