The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-10-23
THE GRAIN MARKETS.
Liquidation Lowers Wbest--Corn
Firm-Osts Ensy.

limitations that the urgent foreign de
mdn1 for ~Aest had been satisfied cause
persistent Liquidation yesrcriuy The
market moved irreguisrly during the err
Tire session. II was evident, however.
that Europe was stu anxious for grain,
~ the reaction OF about / u cents MADE
II possible 10 accept export bids ANY
lull In the export inquiry VIII nrohabiy he
regarded as temporary.
Tho business with foreigners was placed
At approximately 1000 900 bushels These
sales included a fair amount OF Canadian
wheat Well informed authorities asserted
that the export transactions since tho 10
ginning of the week aggregate about T.
10000 bushels.
An Official statement has been published
at Washington placing the food require
ments this season at $4,000 900 bushels
and the seed call at 10000 bushels.
These figures suggest an exportable sur
plus OF 2SO,Oo0,o0o, but II is argued that
losses due 20 transportation, fires Feed
&c, would reduce this surplus 70 $40. 900
600. There have been close 20 100. 900 900
bushels shipped already, 40 that 10 asslnli-
late available supplies tine future exports
should average about 1880. 900 bushels a
week.
II might he that Is rmers will he less
disposed to carry over the same quantity
or wheat this season az In previous years,
especially II high prices prevail An I'm
mems. area for the coming year has been
sown. Closer marketing OF this Character
AZ tho expense OF reserves might mako
difference or perhaps 49, 900, 0oo bushels
TO be- added 10 the present exportahio
surplus. report given ont yesterday In
dtcated that IN Canada the carry over
from the last crop was practically nil.
Talk OF another disappointing Brad
street repor. to-day on the weeks -four
ana wheat exports induced some liuulda.
oil
visible supply showing on Monday would
he rather bearish, on the other hand
clcarances should soon he in augmented
volume and the farm movement IL not
likely 70 compare so bearshly in tho
future.
Tho hedge selling Yesterday was an
important factor IN filing the demand of
all kinds n was generally agreed that
the higher prices had attracted consider
able wheat from the country Not much
attention was given 20 the foreign news
which again told OF frmnees OF cash
wheat NJ Liverpool. A few complaints on
the crop outlook IN Argentina were on
set by less hsoouraRlng advices from
Australia.
Corn--soverai buliisn husklns reports
came from Iowa ana Illinois. larger
farm offerings were reported but seemed
VOL absorbed. Largo Western interests
bought freely. Shorts were disconcertci
by the action OF the list II was declared
that the weather through the country
was too mild for curing. The crop ana
the predictions OF further showers were
REGARDED urtavorably.
onts---The demand from exporters and
short. held the list for a time Subse.
quently there was reaction, due 10
! selling against country taltngs The de-
cline In wheat had sympa thctic influence.
Provi gions-The advance in the mar
ket was attributed principally TO tho de-
| msnd from large "cknE interests A
speculative snort interest was disturbed
by this demand, resulting IN competitive
huving for time.
Chicago prices.