New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-10-28
A FURTHER RIE ExPECrEn
TEMPER OF THE wEAT MARKET N
ENGLAND AND ON HE CONTINENT
WHY PRICES DID NOT GO P HIGHER-MR. suv,
TON THINKS THE Inland GENUINE
AND THE RIsEUsTIFIED."

TON THINKS THE Inland GENUINE p.
AND THE RIsEUsrIFIED"
Liverpool. Oct. 27.-Thewhea market ons,.s
higher. In sympathy with yeerday's closing in Ame,
lea. falling away upon sellir orders and poor u,r.
demand. Larger arrivals a a cessation Of outsid.
speculation weakened II stifurther. the weak bur.
realizing freely and valuedeclining "a below ths
opening. The lower level oirces stimulated buyin,
and toward the close. the mket rallying I'd. nnaT,
closed at 1q1lkd lower The was an active business
covering 10000 quarters.
London. Oct e7-Reportsf the Continental whea.
markets hav, been receIveet the London ohices A.
the United Associated Press to-day as follows:
Antwerp-Wheat inactiS and nominally I'm
changed. but there must blower prices before anv
sumers and importers are 'cofning more willing "a
consider counter offers.
Pars-F'lour and wheat oned unchanged but be.
came weak later In the day,nd closed weaker owIns
TO heavy tenders.
Marseilles-The market t1ay was at a stand,t,r
Buyers and sellers Will noteal until the market b.
comes more settled.
Berln-The market open unchanged. Later u
became dull and weaker. October wheat was un
changed. November IL mas lower and distant op.
lions mark lower
Hamburg--The market oened hesita,lngly but
later sellers began making ,me concessions when =
moderate business was dc, the market declining
somewhat
I,udapest-Market dull Danubian shippers were
hrm offering very little.
In the South Russian n1ae:s sellers were steady
but more inclined to sell an yesterday.
In an article on the deand for wheat and the
supply Of THAI cereal "Tf Daily Telegraph" says;
1.-THE stock Of foreign whit at the principal Brit.
ish ports. 1t is said wou not suffice to feed the
country for a fortnight. he slight fall In Ameri.
can exchanges on saturd' gave the English mar.
kets downward tendenC but 1t Is the opinsn q
one Of the best-known cn factors in Mark Lane
that American wheats II speedily rise with
bang, and that by Chrslas prices will be much
further enhanced. Durif the recent excitement
speculation in England I'd America carried
beyond reasonable bound but In the market the
opinion Is positive that east proportion Of the
rise will be retained. and at the era Of low prices
Is for the time being ende
THE Evening STANDARD says that the tendency
in wheat is for higher pres. adding: The failure
IN India will divert Cfornian and Australian
wheat from Europe the. only the tremendous
the Atlantic in exchars for gold prevented .
much greater increase iprices. and when the In.
rush is past there will ba further rise"
BRYAN IsGUILTLEss.
Philip B. Skelton sectary Of the Old Corn En-
change in Mark LaEe. an interview with rep
resentative OF the Ured Associated Presses 10.
day, said In regard the recent rise In wheat II
certainly think the ,mand genuine and the rise
justified. A reactions probable. but 1t will b.
only temporary andaused by people having stock
on hand being ndud to rush to SELL A number
OF cargoes are aiady on their way TO India.
Everybody is waitg. The shortage OF corn and
wheat in India winompel purchases. The fall In
prices to-day WASH syn pathy with the foreign
markets. | bclieyehat there Will be wheat enough
brought to markem the next six months to sup
ply the necesstieOf the world. The lbsence OF
the surplus OF forer years has stimulated trade
The statements wch have been made that there
IS manipulation the market to support up TIN, ,ss
States il apsoluteonsense. INDIGESTION Is sure to