The sun. [volume] (New York [N.Y.]) 1833-1916, 1908-09-20
vi GRAIN MARKETS.
wheat higher.

- #
Wheat olAsed higher owing to reports
Of cholera &c 0dessa. Russia, the posi-
biity Of restricted Russian exports through
quarantine regulations, buying By proui-
nent Chicago interests, commissions house
buying and covering Of shorts.
1t was rumored that Germany. France
and the Mediterranean are going to estab-
iish quarantine laws against Russia.
Early In the day prices declined owing
to heavy receipts at the Northw est and
the absence of any indications Of Q ietup
in the movement In the near future. The
stock at Minneapolis increased 2z5,ooo
bush. for one day. IL 10 stated that the
primary a~rrivais this W eek broke all records
by 100000 bush. A good sized increase
In the visible is expected On Monday.
But the market resisted pressure from
the start. and when the choiera rumors
were circulated and 1t became known that
big export sales had been made the market
rallied sharply.
Bartlett. Armour. Logan, Barrell. Chaplin,
Prin gle. Love and Peavey were good buyers.
Some reports had IL that i2S loads were
sold for. export. but this could not be con-
hrmed. II is insisted by some that the
export business is net being fully reported.
A brisk demand for four YVES reported
at the Northwe est and the Southwest. Kan
sss City reported u good export demand.
The strong cash situation continues TO
be the great feature. and bulls are pre-
dieting considerably higher prices uiti-
mately. especially b there should be q
cholera scare In Europe.
Liverpool declined u to I'd. Budapest
and Berlin advanced 10. Paris was I'm
changed.
Chicago-"Secretary Smiley Of Kansas
Grain Dealers Association says less than
half the p%loushing is completed In Kansas.
Wheat acreage bound to be greatly re-
duced from last years."
g. B. Chaplin & Co, said: THE sentiment
once appears to have sauaed correctly the
strong world 2 situation embracins a smaller
e elisps sa Shish form shs fo Sl az SrG lor sS I
ever re seen. While expecting sharp reactions
for some n tine To- come ONE; we lock az eventually ntrn
Tor light supplies throughout the crop year.E
HI corn SITUATION.
Corn was easier early in the day owing
selling By cash interests and the opening
weakness In wheat. but. Q rally occurred
later IN covering Of shorts. The. short
the recent decline in prices. Liverpool
advanced y to I'd. Comstock was . good
0a GSssikosSs.o@@.some Of. the Oman. psopl.
who sold cash corn 9 Be shipped TO c6ip.1o
this morning and trying 70 settle contracts.
They have been unable to get the corn to
ship and time Ii getting short
THE oATs ~RRATURBB.
Oats advanced o commission house
buying and covering Of Efforts. due partly
to vheat's strength. The cash demand
at the West was more aotiye and prices
were reported and q decreased movement
is expected.
THE SPOT MARKETS.
Wheat active. Sales, 1000. COO BUSH,
afioat for export: No. Northern, Duluth.
Si.i75; No. 2hard winter. ei.oeK,. Futures
closed Y 70 10. higher. Estimated sales.
$50, 900 bush.
In elevator, S8c. Futures closed unchanged
to Hc. higher. No sales.
20 to 81 lbs. $50 SSc.; white clipped. 50 to 81
lbs, 6sds7c.; mixed. 20 to 81 lbs. SIC.
Rye dull. No. 2 Western, $40 I. o. b.
New York. Barley, dull. New mailing.
Q Ae9c O.. l. I. Buffalo.
Futures as follows.