The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-25
THE GRAIN MARKET.
his Fnrtions Differ on wheat List
torn At New Highs.

There are unmistakable signs Of pow
er'uI factions being aligned on opposing
Sles o: the wheat list. Several large COM
MISSION houses have declared themselves
puIish ana some are predicting a big
'n! market In the near future. In one
'dse Tie statement was given out by the
cad OF a concern that wheat prices
",e on the verge of a 25 cent rise. The
'uohc seems quite friendly to wheat
'ecause of the conditions thrown out by
~ war these including prospective in
W. Pua'e areas next season. intact Rus
ian supplies and active buying OF wheat
10 lhi"rt requirements this year. The
'ePor'h mat farmers will not be ayerse
70 carrying over considerable wheat this
feas'n II the indications are for "a pro-
""sed war are emphasized, especially
d much reduced area has been pre-
tHseo through the great winter wheat
-, ana the canadian Northwest,
~. mere are prominent exporters and
.s!ouaI operators who declare that
hasl, pfIfe- cannot be held at the present
~ Ihese authorities have In mind
h ~ turp.ts or about $50. 900, 900 bushels TO
5'''ihAted from North America this
bI.he. ssHa an additional 200, 900, 900
la. li"ln Argentina, Australia and
'glA. u IT, freely admitted that Europe
o5o ,,o r,Np"'led 10 import more than 57b,-
,ont.,. 'ushe.s maximum this season. The
H. - bfAA alfp HkDlA inc
'',' lrAs'hH stocks at this stage. lowering
neat premiums, large outstanding
,ba ilns interest In the market and
ms aiiAou.ty in securing freight accom-.
.tous-l'"s even at rates ranging from 20
bso- cents a bushel. the latter having
r, PAD Tor wheat destined for Mediter-
,y.e'ieFdays market was erratic. The
in.ae' Weakness of the foreign markets,
xmas ssv.t'hts, peace reports Of various
~ = t'.ltiN dggOlntnh for fha fr.n,,ant
IN. The pronounced strength In
~" " ''.h list again caused the wheat list
tsr a' did claims that only about 10
ss ,'ht "f tho winter wheat crop this
,,basoh 81 FOR milling. Conservatives in
OK ,roa4' We're of the opinion that l00.-
OF. ~, l4She.s OF the $50 1000. 900 bushels
ma, neat IL ample for the
''r, M NIX wheat this season.
100 Sf,' hlying for the day was less thar
TEeys'' ''shels, according TO the estimates.
uolse ~ scout 2i0, 900 bushels, and another
i,oI 6So az baltimore on Tuesday Of about
isssVgy' ens"e!s The wider difference be.
aa1" 'h" chicago December and Nav
so,,',tt'es has occasioned mmen some
iocs 'Ae c'ncentrated holdings for large
OUT ne are believed to have been let
Nov ere predictions OF a reduced farm
We, 's,gD' ~ to result from the promised
S UsIhst .!al TO the. soil. The interior re-
"tcek "ul 900, 900 a year ago.
,pra Afier opening without much fea-
n. corn market advanced rapidly.
hu.t ms extended To about two cents a
Wrrs ne fact that many cash markets
.rot. w cents higher for the day
va, 'E,i the. bulls. Speculative trade
a.. netFy and the covering OF shorts
Tor the upward tendency OF values
ir,sIs,, h,'' u was said that the market
'I7al bulls to liquidate their lines.
, ~ export business again cir
~ The outside buying II still pred
I,, On the sensational reports from
@t'n"sota and Wisconsin relative
.rr'9f mo country were reported holding
,o lnr advances In the market, AZ
'''ush IN the late trade there was evil