The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-08-08

Influenced by favorable weather and crop
reports, expectations Of an increase in the
Visible supply, the continued absence Of
outside aud foreign interest, and little
local selling for both accounts. wheat de-
cl!n-d fraction early In the day Local
stocks increased for the week 6s3 .OO0 bush
els and the supply Of No. led IN now -
lT.lOo bushels, against only 42S.9OO u year
ago. The Chicago stock increased $4,000
bushels The weather showed somewhat
Northwest. At : A. NJ. in the extreme North
II was 81 20 IS; In the Dakotas and Mime
sofa 60 20 I6; In Nebraska and Iowa "a to
TO In Kansas. Missouri, Illinois. Indiana,
and Ohio Is TO -. There were light scat
tered showers in Minnesota. the Dakotas,
Nebraska, Kansas. Missouri and Illinois,
The Weather Bureau forecast for the next
thrtysiX hours is DIS follows: Illinois and
Missouri, showers to-day und Tuesday,
warmer; Indiana. fair and cooler. showers
Tuesday: Michigan. fair and warmer; Wis
consin. Minnesota and Iowa showers to-day
and Tuesday; Kansas. showers east to day.
fair Tuesday. The worlds shipments for the
week were liberal at i,463,OOO bushels,
against 7,3;O432 last week. and 0.6Il II
last year The visible supply increase OF
10000 bushels Was somewhat larger than
expected. Berlin declined !. 20 sac There
was a slight rally from the lowest point on
covering OF shorts. Paris advanced i.c The
quantity on passage decreased $50 900 bush
els schwartz. Dupee T. Co. said:
An encouraging sign developed within
the week was the liberal exports OF grain.
aggregating 1l2 600 bushels OF wheat. and
-four as wheat, and 5,42S. 900 bushels OF corn.
the two aggregating 10 24O 600 bushels, real
ly big exports for the season. considerably
larger than last year, when wheat exports
were All 900. corn 1853 900. OF the two a
total of 69CS 900. or 3,2T2 900 bushels less
than this year. This should have helped
prices OF both wheat and corn; did perhaps.
nrn tor chrin lsau han rod
At the same time the fact that primary
Western maIIietngs keep UP heavy. indicat-
ing that producers are rather willing sell
ers even on weak markets and presaging
larger receipts as soon as the new crops are
ready to forward, have tended for the time
being, at any rate. to counterbalance the
bullshness of the increased exports. 1t Is
realized. or beginning to be, that America
has u full average surplus OF wheat to be
disposed Of and that Europe's shorter har
vest. MS compared however, only with the
bumper one OF 1898. is largely compensated
for in the increased reserves OF old, SO that
the chances are for somewhat diminished
export calls from importing Europe. espe
cially as measured by the very heavy ones
of each Of the two last wears. Beerbohm
estimates 22i 600. 600 bushels Of wheat and
flour will be required from Anne RIGA and
Canada this wear. The latter can likely
spare all OF 20. 900, 900. leaving La, 900. 900
for America to furnish, which she can do
supplies. Good harvests possible in the
Southern Hemisphere. ready for market ear
ly next spring. may have been overlooked
In this estimate
Corn advanced on local and foreign buy
Ing for both accounts. The worlds ship
ments were large, but the increase was due
to the heavy clearances from this country.
The total shipments were 1851 FOG bushels.
against 4972,320 last week. and 1876 1923
last year. The visible supply showed the
ihnr nf h,S hn1c
try acceptances were light There was an
increase on passage OF $50, 900 bushels. The
prospects for the growing crop continue ge
jury from dry weather In sections parti-
cularly Nebraska but It is too late for any
general drought damage. though OF course
not too late for damage by frost Oats
were dull. but firm. The visible supply in
creased ~ 900 bushels.
FLOUR-The depression in wheat caused
buyers to hold off but sellers remained
firm. Sales II 900 barrels Receipts were
AZ barrels and 1881 sacks. Winter in
barrels: Superfine. S2.15ns2.3O; No. 2 extra,
s24ON2. clears. $3.0Od81O straights,
$3.2O43.4O; patents. s35OG3,75. Spring in
barrels; Clears. $300I3.lO; straights. 1886
d3.50: patents, SO. 65g3.I5.
COTTON-Spot cotton here was unchang
ed. with sales OF zoo bales for spinning Mid
ding uplands 6bc., against l-l6c last
year: New Orleans and Gulf 6as. against
6 5-16c. The Southern spot markets were
unchanged. New Orleans sold 800 bales,
and Galveston IL Memphis go. The move
l-lI.