Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-03-09
Grain Notes.

Unsettled weather. probably showers. followed by
lower temperature. is predicted.
In three days Liverpool wheat receipts were 3ss. ooe
bushels. Of which 1s2. 900 bushels were from American
Atlantic ports.
Tbs exports Of oats from the United States in the
week ending February =. ISIS. were l:f5I.sls bush.
bushels.
A BroonhalI cable says: The acreage of the Indian
wheat crop is .574. 900. compared with 1861, 900 acres
4 year ago. The condition is "a. As compared with s.
last year.
A Chicago message says: For the first time since
Letters deal began he is letting cash wheat take care
Of itself. He has bought no cash or March since last
Friday. and the March wheat last night closed exc
under May.
bushels Of wheat. against 247. Isl bushels a year ago;
shipments were 2s2. l2S bushels, last year 1os. $50 BUSH
bushels: shipments s42. 900 bushels. last year 4O7. 500
bushelsl
Puts on Chicago July wheat. good to-day: sold at
wheat puts sold at sLosA91.0. closing at s1.oaE;
puts, 30sc; calls. 30hc.
Bradstreet's weekly report OF changes in the worlds
Rocky o.GG, MOUNTAINS supps 81 in sf tse United i Cd s sSsa ! dec Eas. o. Il 45 she
900 bushels: Europe and anoat. decrease 900. 900 BUSH
S1e. 600 bushels, and oats decreased 511, 600 bushels
The Chicago Daily Trade Bulletins monthly state
ment shows that the worlds visible supply Of wheat
4.ss7. 900 bushels decrease in January, and Il. ss3. 600
bushels decrease in February last year. The total
now is al. 600 bushels. against lbs. 900. 900 bushels
q year ago.
Stocks of grain in Chicago. public and private ele-
yators and anost. are Il. 4o4 bushels Of wheat. 2s. $685.
900 bushels of corn and 500. 900 bushels of oats.
There are in addition $50. 900 bushels Of rye. $50, 900
bushels Of barley and sos. 900 bushels OF naxseed in
| elevators, making in all over Al, 900, 900 bushels Of
grain in store in Chicago.
Yesterdays clearances for export at the four Allan
tic ports were 176. 6s2 bushels of wheat, .57.2s7 pack
ages Of -four. 236, 2Ss bushels OF corn. IS. 399 bushels of
oats and 80. sss bushels of rye. In addition. New Or
leans cleared 1le.o o. bushels of wheat. 49, s7 bushels
clearances amounted to ST. 900 bushels and corn SIS. ass
bushels.
A Chicago message says: There are Of the mixing
houses "a cars of No. / Northern wheat. and "a. 900
bushels. about 5000 bushels Of contract wheat con-
tributed by the mixers for Letters benefit. In addi-
ceipts- The addition to the contract wheat stock yes
terday is about Ia. 900 busheIs-at the rate Of 4.500. 900
bushels in a month.
Pradstreet's. not reported in the onaciai visible sup
ply statement. were the decrease Of 4s5, 900 bushels at
Manitoba and Northwestern Ontario storage points:
5000 bushels at Northwestern interior elevators:
5000 at Milwaukee private elevators and $4,000 at
wise reported are the gains Of 103. 900 bushels at New
Orleans and 5000 bushels at Chicago private ele-
yators.
Thoman says in his March report: The condition Of
winter wheat is ss.7. against so.2 a month ago. In
the six principal states east Of the Rocky mountains
the condition is S5.6, against So last month. The
| present condition suggests 49, bushels per acre. or a
crop of 1872. 600. 900 bushels. Farmers reserves are
155. 600, 900 bushels. or eS.s per cent Of last years pro-
duction. Reserves OF corn are 7s3. 600. 900 bushels.
against 1.2s3. 900. 900 bushels a year ago. Reserves of
oats are 313. 900. 900 bushels. against 800. 600. 900 bushels
Q year aSs.
F. G. Logan wired ". W. Cowen yesterday:
Opened steady: but has since gained strength; and
is now &c higher 1t is hard to understand the
strength OF the foreign markets with the very large
supplies anoat on the ocean destined to United King.
dom and Continental markets. their home supplies at
a low ebb being the only reasonable explanation.
Considering the universal bearish feeling among the
trade in this country. prices are being maintained ap-
| parentIy without much effort. This month crop
scares are due. and we are of the opinion that the
difference between July and the deferred futures will
narrow. The discount offered by the seller is abnor-
mally large. and perfect condition for the growing
crop is necessary to maintain such q difference"