Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-12-03
Grain Notes.

A London cable says: Argentine crop prospects are
excellent.
Thoman's estimate OF the corn crop is only ], 400,-
oO, 600 bushels.
Two Minneapolis firms sold 5000 barrels of -four
Thursday. over one-third for export.
The visible supply of wheat is expected to IN
crease about 1.2JO. 600 bushels this week.
Puts on Chicago May wheat, good next week. were
quoted 6si4c: calls. 6sl4c: puts on May corn, sic;
calls, 35Ac.
Argentine wheat shipments this week were 5000
bushels. against none last week and none a year
ago. Corn shipments. 81, 900 bushels. against AS, 40
bushels the previous week and none a year ago.
In three days Liverpool received PAS. 600 bushels
of wheat. and in six days Az. 90 bushels. or about
one-half requirements, 80. 600 bushels being Ameri-
can. Corn receipts for six days were i2i, 900 bushels.
Duluth wheat stocks are expected to increase about
crease sSo ca5 brsheIs a messsra Irom Mnneo ,oIis
says. regarding this decrease: This was never known
here before at this time Of year.
Yesterdays clearances for export at the four Allan
tic ports were 400. 1874 bushels Of wheat, &c, $50 pack
ages of -four ! % Sis bushels Of cora. 4e,as busheis
OF oats and II. So bushels OF rye. Total wheat and
-four elearances amount to $4,000 bushels.
The primary market receipts yesterday were 1.2ss,-
ago. Shipments were l.2li.0V0 bushels: last year.
u.s. bushels she so Corn receipts , Ssi,e bushels; a
els: last year. 49, 900 bushels.
Broomhall says: Shipments of wheat last week
from Argentine and Uruguay. none. against none a
year ago; corn. $4,000 bushels. against none last
year; visible wheat, 32s. 900 bushels. and corn, 2,aOs.-
900 bushels. against none and 1000. 900 bushels a year
ago. Corn prospects very good. Russian crop pros
poets favorable; wheat cargoes dull; corn firm.
The st. Louis Republic says: The recent snow
storm in North Dakota, it is claimed. caught thou
sands Of acres OF wheat in the shock. In the northern
part Of the state it is said that about 10. 900. 900 BUSH
els of wheat lies under the snow. 1t was not stacked,
rains prevented ~threshing. and the snow will prevent
Its being threshed at all. None of this wheat, 1t is
asserted. will be in fit condition for -four making.
and will be used only for feed.
Wheat. including -four. shipments for the week
aggregate 1.is3.s 5S bushels. against SEA. 126 bushels
last week, s.iss. $50 bushels in the corresponding
week OF 1891. 1853. 100 bushels in 1886. 3.lj5. s2S BUSH
els in 1885 and ~3,Gll,j5G bushels in 1884. Since jury
i, this year. the exports of wheat aggregate Sc. Ies.-
142 bushels, against 101, s3s, 539 bushels last wear.
Corn exports for the week aggregate 4.623. 9sS bushels,
against 1888. $40 bushels last week, ASS. sos bushels
in this week a year ago. 1,76s. l02 bushels in 1896.
1.S5i. 09i bushels in 1895 and 21, 434 bushels in 1894.
Since July i, this year. corn exports aggregate 6i,-
$50. s53 bushels. against Ga. ri. oil bushels during the
same period a year ago.
The Chicago Times-Herald says: The oatmeal trust
the American Cereal Company-had a line on its
line OF oats early in the summer at 23c TO &c. When
the May got back to 2c II seemed to have about
250.c Goo bushels for sale; at &c IL had another 2O. 900
bushels for sale. From 2c up it has possibly liqui-
dated a third of its line, which was at the outset
somewhere between 1000. 600 and 1000. 900 bushels,
Patten is disposed to add to his line. He is supposed
to have over 100000 bushels of May. Sentiment Is
pretty evenly divided on this grain now at these
prices. The bears claim there is no short interest,
The bulls point out that there are no stocks. Ele-
vator people say the export demand is slow. Clear
ances each week are about a third OF what they
were last year.