The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-12-09
NEWS OF FINANCIAL INTEREST
THE GRAIN MARKETS.
irregular wheat Changes Corn
Closes Easy

The stagnation in the wheat market
at various stages yesterday was the direct
result of the poor wire service through
the country. stormy weather again pre-
vailed through the winter wheat belt, the
Northwest and over a large Southern
area.
Cash trade and speculative operations
were seriously interfe, ed with. There
were spasmodIc deaircs and irregular
price changes. but tendency was not
in evidence, aside from tho initial frac-
tiondl losses resulting from the cables
ana feeble recovery based on the foreign
, demand.
The export trade yesterday was placed
at 100 loads AS the actual wheat was
procurable at the Gulf 1t was not neces-
sarv to purchase futures" in the option
market to cover the major part of the
European absorption. Actual clearances
were in excess OF 100000 bushels, and II
Is probable that Fridays statement on
the weeks exports will be the most
bullish of the season.
Evidently the somewhat easter tone
at Liverpool was not deterrirg the export
inquiry. The decline in that market. how
ever, caused scattered liquidation on this
side. little comment was directed on
the fresh private estimate for an Arger-
tine exportabe surplus OF 10000. 600
bushels. as the bulk OF the guesses remain
at well over the l00000.000 bushel marx
selected few weeks ago by conserva-
tiVes. More favorable weather was noted
in that country and the press advices TO
the effect that German vessels were leav-
ing the south Atlantic Ocean were not
without sentimental influence during the
early session.
There were limitations OF increased
country selling at the Southwest In :e-
Election Of further rains and SHOWS ~ >
the entire grain producing regions such
adviCes helped to counterbilauce the talk
of large sales abroad, which gossip and
literal facts are ignored by some eN-
perienced traders. who choose 10 give
preference temporarily 10 the alleged
owe RI ught condition OF the option m9r-
kets.
Brddstrecps worlds visible supply state
m mt showed that stocks In the United
States amounted to $4,000. 900 bushels
against 76,000,0OO year ago In Canada
90. 900 600 as compared with +6 600 GOO ::
in Europe and anoat there are 100000
against S0.000.000 I'm 1913 The deere asa
| for the week was s3i. 600 bushels, against
u reduction Of 1900, 600 the corresponding
week last season.
Corn The market failed TO retain i's
early fractional advances There was
'Nsi'Atf 't'rtLL' me t6dHtr% 'rhe S',b.
position was that receipts would show a
marked d,creass Foreign markets eN-
hihited strength and there were export
sales nf about $50. 600 bushels Country
offerings increased as the day progress "a
and prices gave way In consequence Wire
trouble intCrfcred with business Specu-
lat.ve inquiry on the whole lacks volume
Oats.-prices nuctIated with he
changes IN corn. Outside operations were
light ard uINcd Exporters did not ap-
pear interested u The market. Their were
predictions II a reduced farm movement
Sentiment il rather confused.
Provisions The comparatively light
hog movement helped values. There was
/ scattered short covering Neither thu
speculative nor the cash demand shows .
noticeable expansion.
/ t'n.utg1 'trIrps