The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-02
THE GRAD ilA1xIm.
sts1ss ssA Active Tves1-1Ass
rSSAs TsGSas-New NSgAs.

sas"ss ssa Active Tves1-1Ass
rs~As TstSse-New HSsAs.
The wheat iist rsanh~d n~w high
ground yesterday. This feature aions
convsrtcd nm Of tho b-Ars and partly
accounted for n broadening In the com
mmission houss trade. Thsss was no
special pressure directed against the
price basis Except at tho outset. whsn the
fear Of tho deliveries prompted some
selling. II developed. however. that ths
100000 bushels rendered At Chicago
was readily cared for by milling and
export intcrests. Whether the future de-
liveries will b absorbed % easily re-
mains to IN eeen. The December.May
difference has been widening to nearer
the normal. and at Kansas City there 10
a full I'VE cent carrying charge shown
In the December-M levels.
More Or less Of the buying yesterday
would soon hold their wheat more tsna-
c,ovsly because Of the unpromt,ns ,s.rt
Current " summary n'n,er wsSa' that atop IN. rs sr.s r, fes
the next crop had been cut from 20 10 10
Per cent; In the principal states and that
below the normal. There were authorities
In the trade who regarded these estimates
as rather radical however. especially a.
q. wheat condition IN this: state ss.
The BIG wheat receipts yesterday ..srtsd
mi. movement for the .em,. wees total;
year ago. Al a partial oGse, the seaboard
ssain.s Zoo s .sSc an. ssfn s., s;Ss go Su.S Ss:ss Re.
speetiyeiy To date tn. enormous wlnni.
after lake navigation closes . continuance
Of the huge receipts Of Canadian wheat
VII result IN a quick eracing Of the cash
b relative strength Of the winnipes
market yesterday was ascribed to the buy
from the Dominion Government some Of
the Communicated wheat with the under
sixty days. To All their obligation to the
Canadian Government. exporters merely
had 70 buy I'll. pss.mssr ,utur. q; win.
vulnerable by the recent seising Of Cana
dian wheat VA further cut down yester.
The advance in the markets checked
the export business and the takines for the
day. were said to have been under .too.ooe
a shade lower despite the rains reported
In the harvesting districts Of the Arsen-
result, Of pront taking sales and psae. re.
porta
Corn-There were up,urns Of about :
WV ~ INV oSh thoh
levels registered. The demand from short.
was Of large proportions for n time and
II WAS evident that the aggressiveness OF
tho bull party had disturbed sellers. Coun-
try selling and proht taking caused fire.
quent reactions. Much was heard OF tho
fact that the May delivery reached 20
cents. as II was not thought that the
level would he struck until after the new
| crop movement had got we'll under way.
There were no deliveries at Chicago yes
terday and the cash markets were adj
vanced with futures. Interior receipts 80
far this week total $500 900 bushels,
aeainst 1000, 900 the previous week and
6 200. 900 a year ago.
~Oats-Heavy commission house buying
featured the session. 1t WAS evident that
some OF the large shorts were driven to
cover. The speculative demand so notice
able for wheat and corn spread to oats.
Deliveries of more than a million bushels
at Chicago were taken care of with less
difnculty than had been expected. The
hedge selling was limited and tho receipts
from the country points arc disappointing
to the bear element. Export business wac
light. due partly to the upturn In the mar
ket. The pront taking checked the ad-
vances.
Provisions-Heavy hog receipts were on
set by the upturns In tho grain list and
by the rumors of export business. The
covering of shorts had considerable to do
with the advance. Sentiment wa gener-
ally more mixed.
GNNrn1 On nrigAs