The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-03-09
THE GRAIN MARKET.
" heat ars-Oats D-Huilish
Government REPORT.

Government REPORT.
Great strength was manifest N the
wheat market Yesterday at tr outset
and il was u"udimiuished as tn" day
progi cSsed Foreign demand WAS as ur-
gsit as at any time before the par
danelles straits were attacked. and had
the actual wheat been proculnhlc the
takiugs for Interests abroad might casIN
have been doublc the l,i0n,on" reported.
Speculative buying was moro active
aud thos, vino have been operating
solely on the theory that Russian wheat
should soon he released were forced 10
alter their position. As outsiders nad
been largely eliminated from the mar
ket the opposition to tn" advance was
feeble. IA merS were not selling IN ap-
urcc'able volume. tn" thi'igc May
delivery led the ascension of options
with an \ cent rise. hut tic cash wheat
markets were quite a. buoyant.
The trade I'D not have TO contend
with pace rumor dw3rR the day
Furthermore. il was pointed out that the
,;crmHn aud Turkish official statements
dtd not say THAT tn, alliei ftrt was
making the %h.advay 90 ,cac'ing IN" end
OF the Dardanell"s that was Suggest""
b> othc" dispatches Tn" Wrr" on
.tradir'iCn in tn" news o. TINS CHARACTER
was an element of strength on account OF
the liuuidatcd condition oi IN" market
and in. presence OF foreigners on INC
buying side Of CID ana ne" crop ~"
lures.
rxcessiv. rains in Argentina were
contained of and there were lintaVor-
hl.. advicos from Italy ana Hungary
strong undertonc was "Niibli'' nv
tin. various foreign marhci- 'ngi'sn
houses seemingly Cuuiiuu" hniohs III
most eagcr To- purchase wheat. Th"ii
4-.....s 81 49,. lNNH Es1stt.
months hsS not been forgotten ana IS
now emphasized IN the comparatively
.lpht sh.pm.ntS to the United
For instance. Of IN" total worlds snip
ments IN the past week of clos" '" 10
400. 600 bushels only 2.N2'."0o bushels
were destined to Great Britain
\ rather hullish farm t'~eiN" report
was puhilSh,d after TIA, market closed
Tho showing s1r 153.""".0o". bushels
,omp,red with Ij2.00n .uuu I yeW ago.
Ther. were about "a. ono. unn bushels IN
IN, visible aS of March l. dthi'sl ''-
COO. OOU bushels = year ago. IHc coui-
Try elevator stocks At about ms dtie
viii be given in a few weeks ny the '"'-
rnment and will compare with '''no".
0O0 last year In the corresponding
period Tn. ~conseuSus ~ that mills are
generally holding loss If the hiSh priced
,.hna. AT this stage than - year ago
Unau there was no such great discount
sfsN.. gHttraA as
Tor nt" 'i'l WI ',ru,,s
given hlnu"'''uN H"," ." ~ 80,
rroduo,'on .. ~ 20, "ns Min ,b,t
ana "'"'I S''''s''' -. .,s. ,h,,
ne "n''I ms U''n -. 80, -
'' 49,. 40 >, L..
W 'h' ~" ,,, ,,t.n ,-o,,isos Ia
set "A new 'ow record.
'"''-- W. ~ ~. - ~. o,,o.,.
N'f' ''S'I '''"'" ~ ,,
OF "tn'r Nr"'u
Sp''u.''N' p'"I' ~. ,,,,r ~.
p"'lhI'N " en- '"' mo-
interests ""r" ""' ,','"S -,, ,r
however. anu 'h''e VIZ '..'"''
- export business u" i,eau''.'E Inn
lat" the "u'S'"' .'d"'' l','
showed a GOOD ton'. inc '',' go
l.:"",'"" bushels IN u" -'"' Su.'.H
statement ais" came '"- a''nl'
Sentiment Was 'NI""'ttN very u",.
mined ana on INC "i''' W.
acton was not "snt '''| i''''iI TO- .,e
bulls. The predictions : " rather nn'
ish farm resolve report we're ln'nI''',
but tn" figures wer" nor t'tiIahl" hr''I
after tac session had "li"d rae re-
SERVES total "nlN "ll .'"'.""" hisl'i-'
with the III bic 4".""'.""n. d-"Nn-' >''''
o"".u"o and lS,""". 90" respectively 4
year ago lr wheat w." large P'"''c-