The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-14
LIST ED STOCKS
W. u. CLARK. 81 Ex. Place. Tel. Rector 43i
THE GRAIN MARKETS.
All Markets sold on Peace News
Rally Follows.

That the wheat market has been most
sensitive to news of bearish import was
demonstrated yesterday. The assertion
that Austria was anxious to withdraw
from the European conflict precipltated a
general selling movement under which
the list declined from 2 to 2Iao.
Authority for this momentous state
ment was lacking. On the depression
there was reinstating OF wheat holdings
by interests who did not place credencs
in tho peace advices. A large exporter
reite rated that wheat should sell higher.
even with the prospective ending of the
war owing to the great foreign require
ments, which have only been partly sup
plied, and the prospects for curtailed
wheat and rye yields in Europe next sea-
SON Seeding periods abroad have about
elapsed.
The consensus is that any actual abate-
ment OF hostilitles would produce i'm
portant liquidation OF grain There might
be great competition from Russian. Ar
gentine and later from Bast Indian ex-
porters. The theory is. however. that tho
shipping difficulties would largely dis
appear and America would again be
called upon TO furnish huge amount Of
wheat, which demand would cause values
to rebound after the speculative break
Export demand yesterday impaired
Steadiness TO the market at the outset
and also In the closing dealings, The
business was placed at about 1000, 900
bushels, including the report OF a cargo
sold 10 Australia after the session had
ended. There is considerable wheat be-
ing purchased by exporters for Buffalo
delivery which will he held there pending
a specific demand These trades are Gus
tomary at present. the closing OF lake
navigation being imminent. In instances
such transactions have been prenaturely
classed IA export sales.
Brddstreors gave the weeks exports ct
$3.50. 600. against 1912. 1000 week ago
and 100000 year ago since July l
the total is 13S,000.000 bushels. sgains,
10000, GOO for the corresponding period
In 1913. The interior receipts were larger
than counted on yesterday, but Mondays
visible supply statement will probably
be less bearish than for the past several
weeks
crop reports varied. The Modern
miller and other authorities expressed
more apprehension on account OF the
Hessian fly in oklahoma, Missouri ana
some adjacent States. Weather condi-
tons in Argentina were better and some
more optimistic advices came from Rus
STA and France.
Corn.-The bulk OF the pressure in corn
was ascribed to the influence OF tho peace
gossip and the sharp plunge OF wheat
quotations, Fair country offerings. favor
able weather and difficulty in getting new
corn offers for the export demand were
contributing influences. On the reaction
an improved speculative and cash in
quiry developed. BrddStreetS exports
were $4,000 bushels for the week and
since July n total OF $4,000 bushels
against 9ST. 900 bushels for the same time
year ago.
Oats-This market suffered with others
on the peace rumors. Liquidation and
bear pressure We're great at times. There
We're assertions that there was sub
stantial foreign demand on the decline
Reduced receipts and unconfrmed reports
OF n threatened embargo on oats ship
ments, due to the foot and mouth dis
ease. caused the early firmness in the
list.
vislons,-Scattered liquidation was
brought about by the reaction in grain
Packers gave support at the lower levels
Speculative trade was not large
Chicago prices: