The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-10-20
THE GRAIN MARKETS.
sharp Wbcnt NdynDce-Oat. Also
strong.

The wheat trade was surfeited yester-
Say with sensational advices concerning
1he absorption for European account. Elk
port sales were at first placed at / 600 900
bushels, then raised to 1900. 900 bushels
after the close Of the session n report
tnresd that with the one exception Of re-
cent date business yesterday was the
largest in the history of the trade-nore
Than 100000 bushels
The market was inherently strong
There was really no fresh incentive in
pither the war situation or the grain
supply conditions The realization tina,
Inc end of the struggle abroad is not in
sight and that the only changes i'm the
European crop reports are for the worse
lines
Reference was made 70 the 10 cent
rise or quotations over the past three
weeks Such remarks finally induced scat
Tered profit taking. The statements that
farmers would utilize the bulge TO sell an
other portion of their holdings were re-
sarded ~ plausible
Routin" news averaged In favor OF hold
rrs. Cash wheat continued 10 gain on The
options. At Chicago. for instance, the ex-
port call was directly reflected in the
TACT that the grade Of hard wheat adj
Sanc"d &C NOR" than tho MAY delivery.
Receipts ~ only $50 cars az Winning.
against EGO last year, made IL easy 10
account Tor the strong tone there. cam
ndn mas small crop This season and has
had an early movement
Tn" visible supply increased to co 600, =
600 bushels. against - 900, 600 last week
and $4,000, 600 wear ago In Canada
therr wax an added accumulation ~
l,5o"'""o bushels, making their total
-''""o'""', A. against 100000, Tho
amount OF wheat in and atloat for Europe
arproHimatcs GG.0OO.0U bushels or
lan
temper Of the majority Of the operators
Jed to assertions that the yisibIo
deserved a bullish construction yester-
day, inasmuch rs the total was not
rniscd To tho quantity anticipated
Liverpool keeps following advances
slowly, again rising about l,c to oI5c.
Private cables told OF some beneficial
rains in Australia and improved seeding
conditions in Russia, hut this information
RECEIVED little attention. And another
ipnth may elapse before conservatives
WI be disposed To hazard guesses on the
important Argentine wheat outlook
CoRN. AT the outset there was
scattered selling on the clear and cool
weather through the country. facilitating
the curing of the crops. The pressure
was lifted gradually Rumors OF OK
rort business Were heard. The sharp rise
in wheat prices induced buying as aid the
advance of l'2c, In the Buenos Ayres
corn list Some unsatisfactory huslllng
returns came from iowa
OATS The market rose more than for
some time. Claims OF 900 600 bushels
having been sold for export had a great
deal ~ influence. There were short
covering and fresh outside demand
Predictions of a reduced farm movement,
were current The visible supply in
crease TO 3l,oo0,o0o bushels. against 90 70
COCOON "A week ago and 30, 000, 900 last
year, was devoid OF much effect
PDoYIsGoSs.--Ther" was a fair rally
from the early declines Shorts were dis
furhed 10y the tone I'm the grain markets
The forenoon selling was IN reflection ot
the i5d zoe. reaction in hog values.
Chicago prices