Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-03-27
Grain Notes.

Additions to Chicago stocks OF contract wheat yss-
tsrday amounted to II. 900 bushels.
A Tacoma, WASH, message reports . cargo Of no.
900 bushels Of wheat cleared for Brazil.
A Chicago message yesterday said: Lloyd Smith
sold s7o.o bushels Of corn to-day. 100. 900 bushels all
rail, for export
amounted to 80. 100 bushels. price sss ID. against
$1,000 bushels last week at SIS ID
Exporters took at New York and eutports Friday
t56, 900 bushels Of oats.
Minneapolis received zs7 cars Of wheat YESTERDAY.
against 25 a year ago. and Duluth received 6 carr.
against I'll carr q year ago.
st. Louis parties sent to Chicago orders for puts on
wheat this afternoon. They sold at s2hc At first. but
dropped later to Sic.
The indicated worlds wheat shipments for the
week are 5000. 900 bushels. An increase is expected
In the amount Of wheat anoat to Europe.
There vers rains in California Friday. go Of an
temperatures continue low. and there was 4 heavy
frost At Fresno.
A Broomhal cable says: Local arrivals Of vhea.
stocks will show q moderate increase. and floating
supplies to Europe q moderate decrease.
Puts on Chicago July wheat. good Monday. sold at
At SIC. July wheat sold on the curb at s2E@s3hc.
and closed At s3c. May corn. puts. zsxc: calls. 2Sxc.
The exports Of corn from tbs United States in the
thIrty-eight weeks since July I amounted to 100. ST.
900 bushels. against 11s. 7s5. 900 bushels in the corre-
spending time a year ago, less. 900 bushels two years
ago and 1854 900 bushels three years ago.
Another cold wave 10 due to-day. probably preceded
Montsns-is deg. below At Hsvre. The temperature
was very mild through the wheat states yesterday,
but much colder weather is predicted for to-day.
The primary market receipts yesterday wers 1884, 900
bushels Of wheat. against 800: 900 bushels a year ago:
bushels Corn. receipts. $4,000 bushels: a year ago.
zSo, 900 bushels. Shipments. 35l. 1000 bushels: last
year, 24s 900 bushels
Galveston exports Of wheat the past week were 49,
600 seod bushels 4so os s',s ~; 600 , bushels L, lat oo See sa.s corn
uvl-~t x-~t. 49, ~1- 100 Nm hr-6>le A,ra, Hht-
week 70. 900 bushels and corn stocks 29s. 600 bushels,
decrease 32l.o 900 bushels.
The exports Of wheat and -four from both coasts Of
the United States and Canada in the thirty-eight
weeks since July / amounted to 17s. rs. 900 bushels.
against 11s. ~. 900 bushels in the corresponding time
q year ago. S. 900 bushels two years ago and 1os.-
s14. 900 bushels three years ago.
The Keever Grain Company received . letter yes
terday from J. J. Jackson. oberlin. Kas.. saying that
while he does not think wheat is damaged. yet some
rain will be necessary before 1t can do much grow
year.
Yesterdays clearances for export At the four At
lantie ports were IS. rs bushels Of wheat. A LABS pack
ages Of -four, S15. 800 bushels Of corn and 1854 bushels
Of oats. In addition. New Orleans cleared 1000
bushels Of wheat, 4.42s barrels Of nour and 1885, ss
bushels Of corn. Galveston cleared $4,000 bushels Of
wheat and a, s57 bushels Of corn. Total wheat and
-four clearances amounted to 37s. o0s bushels. and corn
6o7. 900 bushels.
court. their right to discipline q member, even to the
extreme Of expulsion. for violating it rules. One Of
Judge Gates court. in favor Of the board. Farmer
owed some money to Perine Bros. The case was sub
mitted to the arbitration COMMITTEES. which decided in
favor of Perine Bros. Farmer refused to pay. The
directors gave him notice that he would be expelled
II he didn't pay. He sought to enjoin the board from
suspending him. Judge Gates yesterday decided that
the board has . right to expel a member. under its
rules. Farmer has another similar case pending in
court
terday: Considering the strength in Liverpool
frosts in California again, cold weather in the North
west headed this way. the fact that July wheat 10
large short interest out, the bull clique supposed now
to be long on this option. We feel friendly to wheat
Liverpool yesterday almost isc above the same de-
livery in Chicago. September wheat In the former
market closed l2c over our July and Isc over our Sep
TENDER. Bearing in mind the fact that the choice
contract wheat in this market can Be sold at q pre-
MUM over the option price abroad. 1t indicates =
BILE bumper crop sufficiently discounted for the pres
ent at least. and advise buying July and the later
futures on soft spots"
Chicago IT have taken cash wheat
Of Mr.. Armour in various positions" says Joseph
Letter; cit was desirable for me and satisfactory to
him. 1t permits me to ship the wheat intended for
May delivery Just as soon as navigation opens" This
is all the bull leader would say In reference to the
new attitude OF P. d. Armour toward the wheat CAM
paign-the Circumstance which has set the whole
wheat trade talking, says a Chicago telegram. There
were 2s5 cars Of wheat received in Chicago yesterday.
Of wheat for Armour-grain that was started before
the new compact between Letter and the big elevator
operators was reached. and which could not DO
stopped. Wheat receipts next week. however. will be
very small-surprisingly 50. compared with recent
figures. The new relations between Armour and Lei
ter have become apparent to everyone. Armour bought
has brought about 1000. 900 bushels to this market in
the last six weeks-but his contributions ara over.
It will make q great difference to the bull crowd.
The weare people have not 80 far been taken into the
fold by Letter. but there are evidently . little closer
rangement will also be made with them.
Car lot receipts Of grain in Kansas City: