New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-10-12
COURSE OF WEEK
In COMMODITIES
Grains Show Slight Gains
Cotton LOWer-COf-
fee Dull.

The effects of the war were plainly
marked in the markets for all COM
modities last week. Values, as 4 gen.
ersl rule, declined, speculative buying
in many markets was negligible. while
purchasing by manufacturers was OF a
hand to-mouth variety.
Unfavorablc news regarding the
wheat crop abroad was mainly rcspon,
sible for a slight net advance in that
grain in this country. During the early
part OF the week the market was in
clined 10 be buoyant. with prizes
changes narrow. Toward the end Of
the period prices became iirmer on dis
couraging foreign news and rumors Of
q short Canadian crop, which was esti-
mated on Saturday by some experts
TO be 70,000,000 bushels less than last
year. The light receipts at Canadian
interior points during the week we're
said to be the evidence upon which the
estimate was based.
Exports of wheat were again heavy,
exceeding the amount shipped abroad
the previous week by 100000 bushels.
In view of the foreign demand and
the precsrious conditions existing in
Europe because of the war, it seems
likely tina: the entire American surplus
will be disposed Of before the new crop
is at hand. Interior receipts we're less
than those Of the week before by
100000 bushels, but that, il was be-
lieved, was because the growers need
Ing cash mad disposed of their surplus
stocks.
The monthly report of the Depart
ment OF Agriculture, as was expected
indicated little change in wheat. Tho
only item Of exception was the spring
whea. report, which placed the yield
a. 217 100000. against $4,000. 900 bush
els indicated earlier in the season.
Corn experienced an inactive week,
price changes being confined within q
small range, due largely TO a lack OF
interest by speculators. The rise in
wheat, however, and wet weather over
an extensive part OF the corn belt
brought about d slight rise in prices.
The government report was favorable
as II pertained 20 corn. placing the con
dition Of the crop at 1913, against Co.'S
last year, while the official crop os-
innate was 2,G76.000,000 bushels.
In the oats market there were slight
price changes, although tone slightly
stronger than that Of the preceding
week prevailed. Renewed interest By
exporters and heavy shipments abroad
were features Of the week The gov
eminent report placed the yield at 29.6
bushels 10 the acre. indicating a total
crop in the neighborhood of l.137 OOo.-
600 bushels, against l,l22, l39 900 bush
els last year.
The demand for -four during the
week was mainly for domestic con
sumption, although European orders
were placed TO some extent. Although
the buying by foreign powers was not
large, il was evident that watehful
eye was being kept on the American
market, as bill for 10000 barrels OF
-four for shipment TO Europe was re-
ceived at Western point early in the
week Prices showed little or no
change from the quotations Of the pre-
ccding week. The total production OF
four for the week was 39s,3l5 barrels,
against 450,350 the week before. and
470.260 the same week last year. In
the neigh borhood Of $4,000 barrels
were sold for export IN the Northwest I.
In cotton the noticeable feature OF
the week was further decline in mid
ding on the Southern spot markets 4
week ago middling was generally quoted
at cents. but during the following
days from = 10 y. Of cent was Topped
of that figure. I'm certain of the spot
markets lower figure prevailed on
Saturday, while there were reports that
~ some Texas markets the current
price had gone down TO Gig cents a
pound. the lowest figures since the
general depression IN trade expert
enced ten years ago
Interest in New York during the wees