The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-08-05
COMMERCIAL CoMPEND.

THURSDAY. Aug. 4.-GRAIN-W Wheat - Spot
was quiet but steady. The sales were 146. 900
bush. of which 10000 was for export, including
10000 No. , red at 75aic. free on board adoat;
$4,000 do. at 75Sc. here. and $4,000 No. = red
winter IN private terms at the outports: No. 2
rcd. 10000 on private terms for local accounts.
Free on board afloat: No. . red. 76c. No. l
Northern spring. Duluth. SIC. Futures de-
clined 1sc.. but recovered and closed unchanged
to &c. higher. Future sales l.035.0O0 bush.
as follows:
OPENING. Hiqh,st. Lowest. Closing. Night.
fSs aRssmbsr , .SsS az Gasssa G55 IL 60 50
freight to Buffalo. Rye was firm. No. 2 Western,
524s 53h<c, free on board atioat. C~orn-spot was in
bush, all for export. including 10000 No. 2 mixelRt
3SS4e:. free on board atiost: 10000 do. here, and
were rnmors Of 100000 ln.h. NOR, for export. but
sales $4,000 bush, as follows:
b sRt .:"a ~ 8" 80 ssnTs
9 QstS@SR RS.n were sf s aSiGs H 1s,ot stc4 heavy The s5. ssls si,S wssS
% S4Ic fo Re eH z Or, on g7c private Xd' , t S5I,s 2, E &c. 2 Nm mixed %1
nominaliy higher. No sales.
Opening. Highest. Loosst. Closing. Nlgii:
Wheat has apparently begun to show it's teeth. as it
against the selling which has Characterized the
sr 1T,tid for some :, me past ;na II lis is lHecIEming Just
less there Is a decided change i'll the general situation
considerable cxnansiom Of tic future trading. For
bears have manites.lr become alarmed at the CON
ceipts of new wheat now and those of a year ago. 1t
may be, that the farmer is holding hack the
to do 50 than he has been for years, II
i estimated that Western farm mortgages, to
within less than two years, and 1t is a well.kn0wn
m InGt ss1 ,h tsFm ne pi n" HSf f for money ,msiy eF TRis 70 + n market rsst
ing tina. the wheat Ia there or that 1t il not there: the
the quantity that was expected. aud the cfcrt is to
frighten shorts and encourage, buying, for the long
morning, however. owing to lower cables and con.
siderable selling by foreign houses, bnt later on the
ment TO cover on the part OF New York, Chicago and
S Sricd lo a1Iick sno rtIIis Sha and 5i sept t = d for q n. e., and md
vance. Liverpool ended unchanged for September
p pre- IMiy abroad ,s%; iowa" wSs a a1r DstSi'1 9S in ah SS e / G an
tue Continent, and in ENGLAND. Paris closed firm.
while flour was hrm and 10 TO - ccntlmes higher.
The nrmnesS OF corn also had a rather bracing eject
not escape notice, 1t gave the condition to-day at
s3 por cent. a fall OF Il per cent. within a month, a
further fact that carly in the season the condition
, TSs si{ Ena E Been low a as son 80 nS5 cent imirs 80 tina,
since then. The clcOraSS's We're not yin nsin.
thu hi"'" e1po orr n dsma mSi"' was sf"G Ysry ISI;ooS and i"t tR,s
hrnnoss Of cash wheat All over the country was 30
NOTEWORTHY u FEATURE OF the marker hS 10 excite com
llent, and there were rIinloTs OF u large business for
export. But after all the keystone, 40 To speak, Of to-
day market was the disanpointinRly small receipts.
How long the farmer will continue to make il inter
seen. hut to-day. at any rate, KansasC!ty received only
100 cars Of new wheat, against ai'S this day / st year;
Toledo only lOS cars. against "03 a YER ago, and
81. Louis only 10000 bush" against $1,000
coiyed only. ~ cars. against "a this day
last week and $50 last year, and Chicago only 10
cars, against 1870 this day last week and l+a last
year. Primary markets n csiyed less than half what
tNeY uld On TINS uuN last year. On the rlEG thel0 was
more or less rea liIng, and the Northwest took advan.
tage of the Improvement tn sell, while there wasalro
more or 10 - q 'lItng againSt calls, 50 that December
lust its rlsc both here and in Chicago. and MAY at the
western market closed u tribe lower for the day.
The speculation, however, is broadening n little. and
1t looks rather more like u two-sidcd affair than II did
lathy with wheat, though IL was also affected " the
Cincinnati True Garments statement that the indica-
tons point 20 Only thIe"-fouTthH OF y crop. The fact,
too, that there was a good export demand here and
trade in Cnicpgb was also brisk, Liverpool advanced
9sd, to ed OATS were stronger in sympathy with
othCr grain. but developed NJ, particularly striking
features. Chicago, Aug. -" The light move ment OF
wheat caused lr nrr market, especially for aeptcnl.
hcr, which closed AT lbSc. u gl"r than December.
Receipts at primary points were aI+,oOO bush,
again s5b,OOU bush. last year, showing that the win
ter wheat farmer IL not willing TO sell fret " atprescnt
prices. The weather abroad was favorable and
Continental markets We're u trlfe lower. ClearSlres
were bo2,OnD buih. Considerable export busihCAs
high as 100 loads. The weather in the Northwest ia
HGll favorable for harvesting. Corn-Ihe Price Cur.
REM predicts that the corn promise IL for not over
thTee,fonTthso 81 a CROP That was snfacient to ad'
$40 for Friday. There was an improved shipping
demand and charters within three days have been al
most / 10000 bush. The weather now Ia favorable.
Ihere - NO longer talk OF drought but the claim