The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-11-08
GRAIN MARKETS.
Foreign PuyinE Hold. vnIur.-Au
Markets Firm

Tho l"s's'cn' foreign absorption o.
when' transnosef rractionsi losses IN
yesterdays wheat market. FNpor, talk.
iugs were estimated at more than $50 onn
bushels l. IL figured that the weeks
'o-cisn business Aggregates 10000. O00
bushels
Tux % an impending smaller farm
movement hid marked effect. There
were advances Of about NC NJ North
western cN0'res. whore thc curtailment
N the receipts IL likclv 20 NJ most pro
nourCed. Omaha dispatches Indicated
that growers were not eager sellers. IN
spite - tho inviting price OF a dollar a
huehel
The receipts for tho past week were
close 10 record proportions and obviously
there Is 70 m FOR reduction The total
was 1902 Ooo bushels. against 1.775-
GOO tho preceding week and 5000. 900
bushels a year ngo. Clearances pers
ouy iono,oo0, o. equal 20 tho moderate
showing OF last season. II IL a question.
however whether or not Full returns
have been published on tho recent ship
m.uts abroad Regardless Of possible
MISSIONS tho v!sh!e supply statement on
Monday should show a liberal gain-per-
h7ps ~ 100000 bushels
Realizing sales for speculative inter
es-a had much 20 do with limiting the
NJ
selling by large cash concerns which
was in tire nature OF hedges against
country purchases. Naturally falling
away OF the farm movement would auto
nlnt'cally lessen the volume OF this hedg-
i1g pressure
The cables from Liverpool were devoid
Of feature. Speculation in the English
market !s stagnant There IA no pressure
OF consequence NJ foreign cash wheat CEN
tres. which situation Is consistent with the
presence OF constant export inquiry on
this side
Il IN Understood that the recent fros.s
IN the Argentine failed 20 inJure tho wheat
plant 70 a degree worth noting. yet au-
thoritles still insist that harvesting re-
turns from that country will reflect the
cold snap Latest private estimates on
the Argentine exportable surplus are
about 100. 600. ono bushels, against go 0O0,-
600 for the season now ending. Crop adj
vices from South American districts are
receiving close attention from all In the
trade
CoRy-Favorabla weather conditions
and expectations ~ larger receipts caused
ear ly selling The demand from shorts
was less active. In the late trade n rally
cnsuod There were export sales Of $50
000 bushels of old corn and inquiries for
the now crop with business r1imored.
Cash demand on the whole ia liberal. par
TALLY rejecting the rneagre stocks OF old
corn.
OArH-The embargo on shipments Of
hay from various Eastern and Western
states caused considerable short covering.
II is believed that consuming demand for
oats viii he stimulated as result. This
embargo reflects tho hog and cattle dis
case NJ important centres. Farm move
ment ~ oats the past week totalled s,433.-
600 bushels against 1921 600 the previous
week and 47G7 600 last year.
PRovIsioNs--Early advances were not
maintained. Tho hog situation ia mixed
on account 81 the quarantine at many Of
tho stock Yards 4 devastating fre Mt the
Kansas City yards was an influence for n
time, ns that centre has been chosen for
moro important distributing market
pending the rcopeninE NJ ChicaFn Pack
ere were among the sellers at the high
levels Chicago prices: