The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-05

l;u, aside from the question a' 70 tn"
amplttud, of the crops. u iH earnestly
asserted ia conservative quarters that
economic conditions at present are vastly
different from those OF u year ago. tend
.ug to operate against Tn" recording Of
the 50 wheat predicted 10y sow" Of the
rampant bulls. Peace possibilities arc
-pukcu of in this category, also tho
l'montaulc impairment "r financial cr"d-
its abroad. Furthermore, Argentina and
Australia have lIo.uuo.ooo busu,ls Of
wheat To sell FROM mis- r.r,"d. ~arniust
lcsr than lno. oop, 600 bushels q Year ago,
and ia. buyers OF wheat arc hoins forced
to pay from 80 +" - couts 20 hu-'ol tor
"rrau Transportation. dIi" 10 IA tonnage"
scarcity. TllrS. huge freight charges
Il" rot stimulate, tn" payment of niih
prices f"r H., grain. Last ,"tr the
frcirh costs were 90 to 80 r v'Jii.
lower and the ocean Was more
u~uccriaiu, so thi' f"Ir'gu Governments
and European houses n"odcd Sew York
with y preventative, To buy wheat in
RESPECTIVE" of price.
Just before the close OF Yesterday :
short session. thee NtS a violent adj
vance throughout the wheat list. Prices
scared from -four To siN cents a huSh.l.
led 10y the Chicago Deccmbcr delivery.
" tNH' - AN'' o. zee ~ - wv Wv
May. Eastern houses bought wheat
with IMMUNITY and it was evident that
public speculation was in full sway with
prospects of the fever spreading,
The market has 90 ned uiuc To- th.r-
teen cents in the past week. Nearly
,VctN one ia the trade has been astult-
ishcd hv the rlpidity Of In" upward
movement, and u number Of the recent
speculative buyers, after selling out their
wheat ON Friday and early Yesterday.
rciustatcd lines AT about the extreme
advance. 1t was apparent that some Of
the large shorts were frightened and
buying from these Interests accelerated
the upward tendency noted Yesterday,
Foreign houses bought wheat AT tho
market although tina Liverpool list was
rather easier. y fairly definite report
that IN, dominion Government had been
instrumental in bringing about an order
whereby lake NAVIGATION Will not he suS-
pended on December ~, as had been cx
pected, vas bullishly construed espc-
cially as II was said th0t a further en-
tension might he granted 50 that ship
mcut Of wheat could he made to the
seaboald and thence tn Europe.
The export business yesterday was es-
tImat"d Mt 100000 bushels.
Tho receipts for the week were
5000 oo bushels, against 1000. Oo0 in
NV l''' ''ll WIN ANU 's''',''' u y fitl
aga. Exports for the scahpard wclN
5000, 600 bushels, ~G,20o.0O0 bushels and
1900. 900 bushels.
rorn-Thc profit taking continued
and tn" support was not impressive for
II time. Perfect weather conditions
throughout H." country stimulated muCn
If the selling, III IN" late trade tho
mark rallied with the grcnt buuyaucy
Of the wheat list. Tho interior receipts
OF corn for tho week We're only i.700.-
90" bushels, against ll,30o,ooo u year
ago.
oats-Speculatiye profit taking and
hedge pressure caused a weak market
during the early dealings. The decline
In corn had material influence. but sub
| seuuently value. rose with the vigorous
upturn In wheat, There was export
business of about 400. 600 bushels, Scnti-
mont Is less bullish on oats than on the
Ctlcr markets
froyis!ons--rhc grain advances ami
| speculative buying brought about a trim
| tone in the provision list. Predictions OF
liberal hog receipts next week failed TO