The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-07-24
THE GRAIN MARkETS.
wheat Declines On Rains at the Northwest
winter wheat MOVING More Freely
Corn FiFmer More Rain Needed
OATS Easier

wheat dsclnsi owing mainly 10 general
selling due to showers IN the Northwest
Some contend that rain now can do little "
any good hut others take an opposit" view
some of m" reports from South Dakota and
Minnesota have been rather moro en-
CouraRtng Meantime winter wheat re-
ports continue very favorable in the main
Estimates Of the Yield in important sections
ara halng increased and meantime the
movement OF The ncw grain To market -
eNplgtpg In the opinion Of many the
ruling L.sh prices will induce rapid market
ing Hedge selling Was something OF
feature by chicago. The Northwest was
selling there south Western markets weak
cued not only for futures hut also on
tho spot. Winnipeg displayed conspicuous
weakness early IN the day. some who he
Neve In higher prices ultimately would not
bo surprised TO 500 prices weaken further
undoT tho increasing new crop moNemeht
aud hedge selling Flour trade reports
were generally uuiavorable Barrell, Armour.
lake. Barrett and l'ross@au were srllerr.
On the other hand much of the crop news
from the North vest was very unfaNoraple
and bullish crop reports continued To De
re- ciNed from parts OF Europe Liverpool
was better than eNpe' ted In view Of the
wrakns.- here on Fridsy and a despatch
from that market said The market az
the opening was under pressure OF inc reaSed
Winnipeg. and values we're OF a.d7, Fol
loving ia" opening the market developed
very nrm rndertonc and values advanced
=" ?. win 'h"rts nervous and some buy
ing by early sellers. This buying was
prompted by further damage reports from
Frame and the continued urgent demand
from the Continent for Cargoe- arriving
and on passage shipments are eNpec ted
10 AGAIN be under requirements and further
liberal de- re,Ise in the visible supply Inc
AdvAnC. was checked nv the easy closing
Of the Paris market NJ III" close the mar
higher Ma than arm snI oni. rspoT,ed
that Paris cable adviCes To Millik"n re-
RArding me crop situation IN France were
milling demand Tor ohoic" wheat The
stock there de- reasssi 10 .O'sl bush. for one
day. some diminution IN the visible - Ell
bought To some extent on resting ORDER
Some contend that hedge selling will not
the widespread belief Of very serious
shortage IN the spring wheat yield and the
disposition among many traders To pur-
chase on moderate -sthacks. Yes terday.
however. the dominant fartor was the rain
TALL at the Northwest
Tar SoRN sITUNTioN.
Corn advanced, mainly OWING 70 reports
that triday- rains we're too hight ami
COMMISSION houses housht and shorts
GOV erred som" bought on reports " high
temperatures and high winds ~ tho south.
M',>' leNaS rerori"l icnnerA,nrs- OF
ico 20 lol d"sres' MA. orah,e r"port-
hiu-aS Liverpool declined ID early
on the All m UfsC"> on thiS side OF the water
Ns-tsfinL. NV ldtfT tie ugll~h HhTket
A,ivancrt "a. On a gooi inquiry Tor la
Plata parcels.
Tar OATS FTNTtEIs
Oats a. The West were irregular. closing
lower IN" strength of corn had a brac-
ing c'1s"' Tor a tune. hl' later tho market
w"akenel on hedge selling, the NcaNnesS
ia wheat AMI liquidation
rTI sFuT NNEkITS
wheat steady No sale- Closing prices
p aUoat FOR export. canal basis No I:
red new 81 IL. No northern spring.
81 ~. No / northern Manitoba. 81 a.
fuiurcs closed . 10 -" lower Corn
steady No Sale~ No western, "a,
Tuturc~ closest = to &C higher Oats
,IuIe' natural white on track asa SIC
Rive lui.t No > Na-'ern sic Z b New
orN Barley Gu.c' mating. :? "a 10 e .. {
Buffalo
Future- were a. follow-