New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-12-20
NEWS OF BROOKLYN.
ACTIVE GRAIN SHIPMENTS.
BUSY TIMES ON BRooKLYN's WAITER
FRONT.
WHEAT sIy,Tr.Y SHORT AND TIE CORN CROP JUST
BEGINNING TO MovE-sHIPPING GRAIN
BOUGHT SOLE TIsiE AGO.

Rr-GrNNrSC TO MOVE-sHlPPlNG GRAIN
BOUGHT soME TIsiE AGO.
Tho failure OF the grain crops OF huss'a, i'u's
and Australia has resulted IN an Increased ue'''"
for American grain. particularly wheat III i-u'op
and \ sustained activity about the grain eio'd'oi7
q, proo1,rr 4, unusually large number OF vessels
laden with grain are now their way across tI'o
water and many more are now being lcaced al inc
vharves At all OF the fourteen grain eiesa'o's
cortrol,ea bv the Brooklyn and New-York wharf
and Warehouse Company tnore are steamers '"N'"e
I, carrocs OF wheat as rapidly as possloie'
On Saturday las; the stock OF gram !" ''o e''
vators in the port Of Ncw-foTk was u,,.
bushels PIT coo
Wheat ..........- *. ~ @ 49, ,...... 4C9 90
oatn .....................$s4s'oo
The wheat stock Is LIGHTER than IL was yea 49,
but other grains show an increase For the CORE
.nordns week a year ago the stock Of grain was as
follows: Bushels
Whoa. - S 8oS ~, Barley ...-......... lio% %D
S.,n ''''''''''.'.'1 Ssd oco
.T,5o whoa, now being exported was largely bought
.eve-al months arc" said David Bingham. gram
merchant al the Produce Exchange and ms wheat
was then bought 10 go out durlnS Inc RESI- % 90.
year. and Is keeping up our clearances' hu' '.rie %
little immediate demand owing TO exporters ndH'is
previously supplied themselves The rate OF snip
ment is in excess OF what we can spare ana IN coz"
sequence the holders not offering freely Dut are
waiting for the current shipments 10 De useu up III
England When TINS occurs thefc s'o-'u NC a." ~
proved demand
.prssis md the Danube are offering freely and
their shipments added to those Of this side. are IN
excess OF the requirements. The reports from me
Argentine Republic are not particularly faVoraDle
but what wheat they spare will prooaoly DC
shipped early next year. as the price Is 'eHlP''"e
The general estimates are tha; the Argentine Repuo
Nc Will not have over 4Oocooej bushels OF wheat
India bought little wheat. but more for specu-
lative purposes than for ac.ua need and the reports
from there are becoming more favorable. The much-
ta!ked-of deficiency VIII in the crops 10 De
reaped in March. and any starvation occurring
there is not likely 10 be supplied with wheat "'c"
Indian corn is selling al one-third its price corn IS
no, likely 10 so India because there are cheaper
articles of food TO be had. ,, !. - 81 =.
The Australian crop l. poor ana helHcl - 10, o
Indian crop is likely 10 he a factor III the Hoai
future. .s.. =, r.,r.er ,vboat g"
continued Mir. Bingham. are unisuAiI! idNor 80
and sales are IeYs 2 E or I acreage is
likely to be greatly increased as the fai nag Den
favorable to plonShing and the low prices OF OATS
and naxsecd will INDUCE farmers to plant more
the largest record. and has not yet iuiy
begun TO move as the conditions nave ho' prcn
dry enough for shippers requirements large
contracts have been made for exports during Janu-
airy February and M:rsh ana we SoH co 1Di We YAM
possibly export bears such small proportion 10 the
total crop mat II IS enemy question %, d as
inand for wheat ocean frcishts were practically
doubled, but they have now fallen back 10 the
New orleans is the main seller Of corn The
price Of corn is at about the lowest point ever
reached the quotation free on board a. New-Or-
leans being only 2 cents a oHshel We nSd an
have ceased. The oat crop was badly gamag at
harvest time, and: OWNS to the inferior quality,
a prospect of a resumption Of shipment on large
scale for some time TO come.
B s dos not n9 ses I sRsTe e o M the
grain and forward # TO other ports"