The sun. [volume] (New York [N.Y.]) 1833-1916, 1909-06-12
III GRAIN MARKETs.

wheat Weskens On improved Weathei
and Crop News Gables Lower-ren'
dency TO Ovesscli-Winnipeg strons
Finances.
Wheat closed irregular, During much
Of the session. however. prices were weak.
That was traoesble mainly TO favorable
crop reports from the Southwe est. whore
1t Is insisted the movement OF now whes
to market will commence In earnest at an
early date a, q result Of the tempting prices.
NJ, feover. cash prices At the Southwest
weake ,ed. st. Louis reported . break
In No. , rcd Of s cents.
Private crop advices from the Southw est
| were a. . rule much moro favorable than
recently, and the Modern Miief's weekly
report wal besrish and caused consld-
cradle selling. 1t said: -Advices In regard
to the winter wheat crop are becoming
more encouraging. indicating further I'M
provement In the condition, and prospects
are for q larger yield than has been snaoi-
pated. Clear and warm weather 10 needed.
especially In the Southeast"
Then. too. the cables were weak. re-
neoting liberal shipments from India and
Argentina and improved crop prospects
In parts Of Europe and Argentina. as we'll
as the better advices from this side. Liver
pool fell Nd. to I'D. and rallied only slightly.
budapest declined i>Ic.: Paris. ihc. to 21lo.
and Antwerp. Nc. The Argentine ship
ments for the week we're 2.720.000 bush,
against l.704.0 900 in the previous week and
$3.50, 900 last year: since january l., 77.7ot.ooo.
against I04, 25e, 900 In the same time last
year. India exported J. 2e4.0oo bush. and
II Is stated that the shipments from that
country next week will be very heavy.
II IL estimsted that the worlds shipments
for the week will exceed those OF the same
week Lat ys.1 b s;ooo. 600 bush; cor.,,c,ou.
10 the selling at the West. considerable, OF
1t being. for. short account owing to the
S Gen iTa CEN a IN M or sa2s sof Esns.:
win ralse over 5000. 900 bush. The exports
for the wset were small and few eXpsc.
I1j ws'a decline any mssdT,a' increase unless
Bfessesa Chaplin. S.Fr.lI, Armour. Logan
n Shesrson were sellers.
Il ;lis41s .. Ps Ei%nips = WI Ss. sS! JSiy shot PIP Up
axe. <, despatch from that city said:
There IL going to he a SQUEEZE In July
all. the contract at Fort William: Cash
proved milling demand 10 some sections.
msceiRts continued light with stocks d.
Al ons time the Of srinss fell or sharply
and Patten interests heosme nctive buyers
covering. There is q tendency 10 ~oversell
owing to tho change In the tenor Of the
crop accounts. and the short interest. Is
10 september. '1 FOOD stages were iHndi-
GATED for the Missouri River from Kansas
City to bonneville and there Is still fear of
Ever : ss: al. 4 i. so% e . Ils,1it''f s alHiSsveF t.,. ane
Ing weather was indicated. Dornhusch
reported Balla's estimate OF the Hungarian
wheat crop at 10, $50. 600 quarters. against
10. 00O. 900 last year i,erlin was 10. higher.
According 10 Chicago Statistics the worlds
OF wheat are the smallest on record
at this season. They have decreased
os 900. 600 bushels since January !. against
So. OOO. 900 bushels In the same time last
year. and show the largest reduction since
lp0c, when II was $1,000. 900 bushels. Com
narrative stocks in millions OF bushels for
me first NJ zach month folloU. |