The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-09-16
THE GRAIN MARKETS.
war News Checks Early Rise, hut
Markets Close strong.

wheat values finished at pra yccaliy
;hs high point Of the session although
g.. war bulletin at one time caused a per
n.ndicular decline OF about cents q
uushel. ali OF which was subsequently 70
sained
Apart from The unoonnrmed war news
the foreign advices were vory encourng-
ing 20 wheat holders, Al Liverpool quo
tttlons were maintained FOR the DAY, al
.hough a reaction OF about cents had
lsen anticipated The comparative
"trength of that marie, WAC the prin-
clpal influence IN tho initial upturn on
his side OF from to centA Buying
orders for futures came from abroad.
Export sale, OF wheat were estiinate I'd
1t approximately 100000 bushels In
addition 81 Louis and Minneapolis were
Working -four 70 Europe. Prices At MIN
neapolis showed much relative strength
or the session Big receipts at terminal
uointe were again shown. yet the hedge
PRESSURE was less In evidence, ana from
both tho Northwest and Southwest were
kilograms mentioning the indlsposi'ion o.,
tar1ner TO sell AT present on account Of
previous GALES and reduced levels
Representatives OF distant countries
'ontinue 10 arrive here Yesterday q
buyer from Norway made Il known that
- WAS Interested In grain Reliable in
formation Ia a: hand TO the effect that
Inc financial conditions alone stand in
no WY OF some large dealings IN ex-
Nprt ciroes. Al Chicago q rlinor floated
nat italy was Intending 20 CONTRACT for
r had contracted for 1000, 900 bushels
" wheat and oats
II was not surprising that outsiders
WINGED greater interest In wheat yester.
day. Brokers called attention TO tho
twenty-one 70 twenty-four cent depreoia-
L.. f.,-.
20 nd tho market OF the timid holders
some authorities claimed tina; ~ tho war
"ndures for another month a miracle alone
VIII prevent cur,ailed Yields In Europe
next season. Meanwhile the American
winter wheat belt ,s being aoundantly
supplied with subsoll moisture and though
he Western rains are retsrding held
work this n not seriously regarded as
many farmers. fearing spring fly damage,
prefer 70 sow late
CORN-Ths market had q rood ad-
vance. Spells OF weakness In wheat were
rot ignored, vet the price came back.
Weak holders have been SHAKEN out and
rountry selling Is meagre Corn ls rot
ING In parts OF the West, due TO inccs-
SAINT rains Some stations IN Iowa re-
'"ived ten inches Yesterday and In pnrts
~ Kansas and Missouri, from three TO
i've inches OF rain fell. The Iowa Wcokly
BlLletin estimates the corn yield IN that
S;ato at only $50 900, 900 bushels. com
pared with 3s2 900 600 officially estimated
at 3ss, O0O. 900 bushels. produced year
ago. This was quite a factor in the
bulge OF tho market.
OATS-Thls market moved in much the
saine manner as the wheat, War reports
induced hurried liquidation after general
aIvances early and export sales OF about
10000 bushels caused considerable buy
Ing In tho late trade, Short covering
a.. 80. .
p marked contraction in tho country offer
inga
PROV1SIONS---vaiue moved ,rrsF1i-
ilrly. On the whole. there was more
firmness. with better speculative and cash
demand. The hog movement decreased
Hackers are helping the South by Joining
tho buy "A bale OF cotton" movement.
nrir.as