New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-13
CROP MARKET REVIEW
Cereals Stronger, Cotton Weak
err. Coffee Tending Upward.

there are evidences that the bearish feel
ing in wheat has begun to disappear. TINS
is mainly credited to a large increase in
the export business. There was consider
able irregularity late in the week with
offerings somewhat smaller. shorts in
cllned 10 cover and the general tendency
upward. There was an attempt on sat
urday to ucIittIe the Importance OF th'
increase i'm export business, on the cI'i'"
that much Of the freight room taken was
FOR wheat sold some time ago. To TINS
exporters answered that the volume OF
new business might be sauged by the
fact that sales for the week would prop
ably aggregate two and a half million
bushels including some durum some nara
and q considerable quantity Of Canadian
wheat
Receipts at interior points for the week
were 6&910O0 bushels, against 1,S5"VvJ the
previous week and $4,000 last year.
Shipments for the same time were 5ill""
bushels. against 37sl.or" the previous
week ana t'I'Vp 'aSI s''I' -.
clcarances were S'.'"Oo ousm''S'
PSI .005 last year. The worlds stocks ri
wheat reach 205,Ss5,O 900 bushels, OF when
lag.9S5.0n are American.
Inc strength IN corn mas zee" SUI
prise. even to we'll informed traders,
large interests have bought heavily OF
the May option. and export sales for the
y,rak wore ,Ioge IN 0pl 900 bushels. In
spite of the fact that Argentina has
large crop Of corn, it is the general pe''ei
that Europe will have to buy Iar-e
quantity of the American product anu
while offerings nave oc'h coihPd I'''''',
hight tie demand has heeh urish' c"S'
corn advancing l'sc Dushel over TIC
average price OF week ago. Interior re-
ceipts FOR the week aggregated 6.45S,rJ
bushels. against $1,000 the week before
ana i.SS.OOo last year
oats nave done little more than keep
step with the other grains, and there has
been no noticeable activity at any time
Receipts for the week were $3.50" bush
els. against lbs 900 last year.
Among the depressing factors which
have pulled the prop out from under prices
Of cotton futures I'm the last week were the
decision OF the Supreme Court in the mat
ter OF the corner of 1910. fears Of tariff
revision the failure Of peace negotiations
I'm the Balkan war and the Census Blu
reau ginning figures Of Thursday But
bsyond fbes. was the entire lack Of any
thing I'm the cotton situation to influence
buvlug by trade. Wall street or outside in
tcrests. either for investment or specula-
ton. This last factor is based on the
facts that the worlds supply Is the iais-
est on record. ana - cents Tor spot 'o'toh
is plenty high enough for the staple uhder
existing conditions.
Late Bro the week there was a futIe ana
shortl!ycd attempt 20 stem the eohihS
tide but 10 was soon mad" evident t"dt
bull speculation had been sharply checked.
Bulls. however have not lost all hope.
They figure that there is little more 20
come In the way 81 ginning hgHr's "hi'h
will affect prices that u mas oe'h 'oih-
parauv"lF easy 70 "''i'su''"l' 'h' crop
ihai WIN me Nea'F export "'i'''"N l''
crop mas nee" "''I'Np"''' ''"' 'a
tn're VIII DE- rush io' '"'"'' anu
ih'i' 's ''"'.""' -,
'raa' 'i Manu-. s-eaJe,,,r dc,,.rJ
90. -, t,,,o,
-, 49,. , ,,.,,o ,,,o,,,,, ~
va - ,rao, C.l,ss,or for
ID. ,,, t,fl. - ,.rt.b
o. r,-,,.,,r J,ri,..,,. ~
-, "a ,,..., &C. .c,.sl5.
nm, ....-..l,',,.''a 90. -, ,,,,. i,,,. , ,.ro-
wa. .....,.,.,- g. ,.,r,.,,,.
lo' wv" ~
49, A.. oE.,o,,. ~ On. ro,,lnr, an
''"'' w ,'',..,-a.,.. -. 49,, co,
MUM ~.
lee MAJ MI nus ''' 80.
marx u''' ''' NV - 100.
PRICES "''' -. .,..,
zee "''''a ~ ''.','o'' -, 49, ,a,,r
l"'"I ope' 'C0' w., -. ~. ,,r.s
'''''"7' -, ~, III, a.
country WI. -, -, Ut, a..
TO" '''' 49,. -.
-. ,.,,,. ,.,,.,If.,,d ,,.., - yc,u bo
mere - ""' -. 80,
ioHhd. "H'H l'' '""''''''',
SALE that large amount VI ''''
has already "'eh P'"'c"' d. u -
stood the tad' mas "''' ,''''
representatives oI t'' commute, anu '''"'
terms offered nave pee" '''"'''
tive.
Foreign markets toward the CLOS oi ''',