The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-12-06
GRAIN MARKETS.
Cables and Drought Advance wheat
Export Demand for Corn.

There was ,ess excitement. strength and
business in Yesterdays whoat market.
only fractional gains were exhibited at the
finals. liquidation over the week end and
hedge selling being constantly In evil
dence. Some operators had proA,s OF a
few cents bushel while others were eau
tious lest a peace rumor crop up over
SUNDAY
The pres. adv,ce~ telling Of ne prob
ability OF italy entering the war ere long
were various'y construed There was
moderate buying on the claim that Gtal-
tan interests had purchased 100000
tons. or 37.00o.oOo bushels o, wheat in
Argentina. The theory was that COM
position from Argentina would be mit'-
gated because OF such heavy sales.
However. merchants here familiar WITH
conditions abroad enlphat'cally stated that
tho buying FOR Italy probably amounted
20 only 600 900 quarters, equivalent 20
5000. 600 bushels Shipping Of any guam
t!ty approaching 81, 600 600 bushels would
Il. p,rplcxinG problem for Argentina,
~ other countries aside from Italy buy
heavily there and tho worlds tonnage
situation IL badly strained
A firm tone AZ Liverpool had synpa-
the,ic effc.-, locally Values were main
rainca IN sr',e OF D-op,tious weather In
Argentina. Foreign buying 81 American
wheat seemed s,uclIcnoI. YET some fair
transactions wcro rumorc'' and there was
a keen demand at Gut points.
Clearanccs were about 1000, 900 bushels
fo- N, dav II Is understood that twcntv-
ono vessels ar. loading grain, principally
wheat. at New York. foreshadow1ne a
continuance ~ the unparalleled exports.
T'h-re was tendency 20 predict mod
crate decrease IN Mondays Wis bic sup
ply statement.
Statistics show me weeks farm move
men: 20 have boon 1888 600 hushels,
against l3,GSs,ooo the preceding week and
=?G0 NO0 a year ago. shipments from
tho interior io.S15.Ooo l9.767ooo ard
S.Gl7 .Ooo husho's. Tor; Shipments, inc!ud-
ing four. were 7.4S2.0OO. lose, oo0 and
3.li4.nOo bushels respectively.
u wa. cloudy over The entire western
winter whca' area, w''h showers pre-
dicted. Unless rain. OF Importance ma
-erialize eerious complaints NAV he looked
for on Monday. Smiley OF the Kansas
Grain Dealers Association wired that
farmers IN r'ne counties IN Kansas were
already resolving whea, on accourt OF tire
drought
Corn-Ar..r me demand from shorts
had been supplied the liet reacted Large
receipts were also effective in checking
the risc. The weeks movemen: totalled
Il,s14ooo bushels. aga,n-. 6,o64.O0o the
preceding week and 1926 900 last year
A liberal visible supply Increase IL antici-
na.ed. Advance. during tho fore part OF
the session wero pred!catcd on higher sor
eisn markets. export sale. Of 100000
bushels, unsettled weather conditions and
with tho bulge IN wheat Specialist, con-
tend that corn IL relatively cheap as COM
pared with other feed and food tuffs
Oats-Tho price range was small
Values were helped by tho trend OF the
other grain markets There was no epe-
c'al foreign or speculative demand. The
weeks receipts were 6G2s. 900 bushels
against 100000 n week ago and 3.o49,-
900 last esasOr.
provsions--Earlv hrrnness was fol
lowed by larger offerings. Hog receipts
next week are expected to be liberal
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