New-York tribune., 1909-11-02
CASH QUOTATIONS.
GENERAL MARKET REPORT.

New York, November l. 1909.
GRAIN--WHE AT--There was a small trade
in tho wheat market and prices after opening
easy at a decline of Is q sc moved within
compsratively narrow range in absence of ag-
gressive operations on either side. The open
ing decline was due largely to "asier Liver
pool cables where prices were Influenced ny
larger worlds exports than anticipated "spe-
cially from Russia. as we'll as by more favor
able news regarding the growing crop IA
Argentina and Australia The cash SITUATION
not very encouraging. as the milling de-
maud has fallen Off recently ana mere is
tendency TO decrease premiums in the casi!
markets. Minneapolis wired that the demand
for cash wheat was slow ana reports from
the Southwest said that stocks of hard winter
wheat We're accommodating. st. Louis reported
about 10000 bushels In public elevators win
wheat coming in all the time Sentiment was
generally hearish. in anticipation of accumu-
latng stocks with the continued large move
mtnt. hut bears cautious about taking
heavy rises the short side. as there has
been a great deal of talk about the posi-
bility of bull manipulation in the December
position, American wheat is still above an
export basis. and the business doing is prin-
cipally in Manitoba. sales of about IS loads
being reported during the day. The Winnipeg
market was 6H c under Duluth for December,
and exporters say there is no likelihood of any
business being done in American spring wheat
until these markets get nearer together as
there is no preference regarding the Srado.
Northwest receipts amounted TO 2.34S cars at
Minneapolis, Duluth and Winnipeg, compared
with 902 last week and 2107 last year. The
American visible supply including Canada and
the United states showed an increase of =
$4,000 bushels for the week. Exports from
American points amounted to 's1,oon bushels,
last year BroomhaIrs worlds exports for
the week were I4352 600 bushels against IL
304. 900 last week and @.13S.o0o last year
Cash wheat closed easy with No red 81 e7&4
asked elevator. aud 81 23% asked + . b TO ar-
rive: No I Northern Duluth. 81 1iia and No
. hard winter 81 209a afoat, both nom.
inaI- CORN-Thc corn market had trEler
opening. values early in the day showing
gains of ls to &C. influenced by less favor
able weather in the West. the Western
storm spread over large part Of tho corn
belt. resulting in heavy rains which was
nfayo.able for the curing and moving Of the
ctp. There is believed 10 be quite a
large short interest in corn and there was
moderate buying early in The day, thought to
be covering by shorts AS well as buying by
commission houses Receipts of old and new
continue moderate and tho trade is not
expecting much increase in the movement in
market softeued. closing at about the low
of the day, ia sympathy with the decline in
wheat and on crop estimate by Armour &
Go. placing the indicated crop at 2.S00. On0,0
bushels The cash market was easy. wifl N
- 60l2c nominal elevator domestic. zoe deliv-
cred and zoe o anoat. all nominal: No
yellow. I03ac nominal. oATS-The market
was very inactive and price changes were
small The speculative interest in the oats
market is very limited and the market seems
be in tho hands of cash interests. who sell
tho bulge ana buy on weak spots. The
visible supply showed increase of $1,000
bushels for tho week. and tho total is
Is. .264. 900 against 2.G0l,00o last year. Cash
cats quiet. with mixed. 26 TO 30 III. nonli
clipped white. 81 to 40 Ib. 46@4sisc RYE
Market quiet. No Western, 81 sc nominal,
o New York. BARLEH-Market steady.
Feeding. 81 q Csc c New York.
NEW YORK PRICES.
Re6e of"E 1 81 's d 81 II Sis 81 i3s 81 is
May....... IFS llts IL. ia 1l3s
Corn: