The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-09-27
TINE GRAIN MARKETS.
wheat Advanced, Then Declined Poo
weather for Corn tho Eariy Innuoac'
Largo Increase In supplies Cor
strong EarIy.

strong Fairy.
Wheat was hrmer az tho beginning Of
ye-tsrday'- session. but u was without
siEniii"a nce being wholly in sympathy with
corn MANY traders appeared surprised
and disappointed nv Tho rise. a. there seemed
to be nothing in the market news or stats
tics to warrant u A. matter OF fact
'here appeared 10 be q preponderlnce Of
bearish Influences cable AdyICes were
somewhat mixed or colorfese ths changes
in European markets being insignificant
There was certainly nothing In hem to
give ENCOURAGEMENT. Indeed some Of tho
Items were distinctly discouraRing. For
one thing the worlds exports for the week
we're heavier than estimated and conss-
uucntly there was a largo Increase In the
quantity on passage This latter probably
had much to do with the subseduen, weak
ness here. The LAT" depression in domestic
markets was also partly Rscribed to dulness
In tho export trade and the huge Increase
In tho visible supply despite the recent
talk Of light primary receipts comparsSi
with year ago. This ~ Indicative Of the
quiet ndo in tho milling a. well a. IN the
export business Conservative dealers CON
tend that prices cannot advance appre-
Gladly while stocks arc accommodating and
the domestic and foreign demand con
tinues quiet Therefore many shrowd
scalpers argue that the premium on De
Cember II too big Rec0ipts At tho tire.
chief spring wheat centres were ISIS cars
yesterday. against g. sad a year ago Min
neapolis Hto'k wheat increased tIO. OOS bush
for two dlys.
TIRE CoEN SITUATION
Corn was stronger early In yesterdays
session. but IL closed slightly weaker Many
ineHpert dealers were somewhat aston.
lshed and not little disappointed because
prices did not rise more sharply They
inclined to tho opinion that an important
advance was warranted owing 20 the un-
favorable weather In the corn belt since
Friday. II was much cooler, while there
was modsra,slI heavy T TssinfGll oyer a
exceedingly cold for the season In the
Northwest. bat particularly In Manitoba,
degrees in some places Therefore II was
feared that corn would he hurt provided
the cold wave should spread south over the
corn region. NOtwit hstand the facts
described. nearly all conservative members
81 the trade showed little N any alarm
some were inclined 20 think that the weather
was not had enough TO do any important
injury Many asserted that the rain would
merely cause delay in cutting Receipts
while the milling and Npor; business l. quiet
Hence there was fair Increase In the Nisi-
ble supply Receipts At primary points
year ago.
THF OATS FF.rrREs
oats were hrrner early in Tho session
was Lost The initial strength was mainly
" sympathy with the buoyancy IN corn
The Subsequent recession was largely
traCeable TO the liberal primary receipts
and the large visible supply.
rHE sPoT MsRKFTs
Whaa, was duh and irregular, exporters
doing almost noihinR Prices h for
export were No red o. OI'. No l North
eTn 81 7ai, Corn frmer hut lifsless No
? elevator. domestic and o b for ~
por,s. sii.c Oats dull, Fat and unsettled
No white, 3pi. No. white. S.
white on track agd s1i,C