The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-16
THE GRAIN xA1KLT.
wheat Nishep-LeaAess Bessish-
Cora 1rregs1aP.

The public absorption Of wheat was
again n factor In HI a scored
yesterday. Meanwhile there are impor-
tant handlers OF actual wheat and
prominent specuiators who r~eiterHte that
" prices are Inevitable. This beaSish
attitude 10 based on the knowledge that
the worlds wheat production In vaAfly
above that Of a year aso. According to
the Department Of Agriculture this ex-
cess y 5000 900 bushels. While no
details we're furnished II Is presumed
that h principal gains include the
United States with 110.ooo.0 900 bushels.
Canada close to $4,000, 900 bushels.
Australia 10000. 900 bushels and Russia
76.ooo.o00. Private advices have been
received indicating that the Govern
ment's mid December report will show
. spring wheat Yield in the United States
Of more than SIS, 900. 900 bushels. Al
compared with the recent estimate Of
$4,000 900 bushels. and a crop a year
ago Of zoe. 900. 900 bushels.
th evident that even allowing 1907
in the United Stetss the eIportabie sur
Pulses 81 . whole are Immense Thess
arbitrary additions TO the worlds require
o. stocks and deduction OF lso.6co.ooo
Ru..is's. wheat surplus. Certain OF the
leaders In the trade do not believe that
Na.uoS VIII DO nelu Wheu -tuS teat COupS-
tit!on. from Australia and Argentina sets
In. which should be noted after the turn
Of the yssr:, II !. recalled that last season
while tho Argentine surplus was being
marketed. but contrast IL afforded a
Control Of %u.traiia's .spor,aSis surplus
OF abou, 10000, 900 bushels and foreigners
1 ;s.s SSy n! m, ia'' nns w = c w1as . ,n ps..SrG 81
duplicating their ~frenzied buying Of last
year. when persons unfamiliar with the
the sea. adding to the emoraiisstion
..i EsS0i s:v: Of s. .%' .S:s, r 70. 81. 90: 90 f s1. nj:
Sna:, those o, Z year age and ,hs pI sv
past few days the. price differences have
worked slightly In favor Of domestic grain.
priced grain offered from the Southwest.
due 10 recent unpleasant experiences with
recently costs them almost as much as
that purchased last season when the fu.
htlissis . mArt IN. w ssemi hSGs' .Yo Tfn.T a f qssHs
partly expain the high cost OF wheat to
Il IL admitted. tina, wheat premiums in
his country and Cannda sttest ,he pres;
whsa, os.rinss from "h. market .inc. II.
t ss:s' prs sana '" VIII .osn 'S s.. s%rsdie. ts1'
There ha. hesn = partial ad,usment at
the weSS ana yeNerdAy the Winnepeg
market. which he's been relatively stronG
for weeks. showed caah wheat premiums
about NC. lower. The domestic wheat Wis
ibie gained about 1000, 900 bushels yes
terday. II IL predicted that to-dsy's
worlds visible supply statement will show
an Increase Of more than 10. 900, 900
bush els for the week.
Corn-The rally In wheat helped values.
but there was country selling and
moro or less pront taking. Weather con
ditions are very favorable. The Govern
ment reported poor huskine returns In
| parts Of the West and Northwest and II
was again privately figured that the
amount OF feeding corn this year Is only
slightly greater than the moderate supply
Of last season. but many in tho trade
argued that this feature had been dis
counted. There was a big trade al
Chicago yesterday.
oets-valuss finished slightly higher
with the gains In wheat and on n gradua'
diminution In the hedge selling. Large
receipts are expected to continue. how
ever. The visible supply totals 1885. coc
bushels. against II, 900 900 in the preceding
week and %. ooo. 900 a year ago. A limited
export business was reported yesterday.
Provisions-BiG hog receipts and lowe
prices for them adversely affected the pro.
visions list. Hog values were 10 to II
cents lower. Speculative support wa