The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-09-14
THE GRAIN MARKET.
Exporters short wheat-Narkct
MigherLCorn Menk.

Utb TT Urn
The fresh export business in wheat
yesterday approximatei 100000 bushels.
The actual buying Of wheat for ex-
porters was said TO have vastly ex-
ceeded that amount. however. For the
past week the demand for futures and
the spot grain has been urgent and
large Cnquestionably. the short interest
among cash wheat hanilers has been
OF greater proportions than many in the
trade have supposed. The buying of late
has been chiefly 10 fill sales 10 for
e.gners for first half September ship
ment. II is not thought that the rush
TO satisfy the commitment covering
last half September shipment will be
so conspicuous.
Some sharp upturns were registered
In the markets yesterday. The mar
ket was feverish. however. and easily
moved. II was significant that the ad-
vances were shArpest where h farm
movement was heaviest Minneapolis
at one stage was two to four cents a
bushel over the finals Of Saturday and
other markets soon ~sympath.zed with
his outburst OF strength There were
cables telling Of Turkey having coded
a strip OF land TO Bulgaria and some In
the grain trade deiuced that Bulgaria
wouid become allied with Germany, thus
rendering the task Of opening the Oar
danelles more difficult.
The principal sustaining factor dur
ing the day. however. appeared TO be
the rains n SHOWS over a large section
In the American and Canadian north
west. Indications pointed TO additional
precipitation in these sections over the
night 4 great deal OF threshinc in
the American and Canadian Northwest
resnaius to be done. and a material de-
lay In the farm movement, or impair
ment OF the crops quality. would be
deprecated by home milling interests. es-
pecialy as the competition from Eu-
| rope Is keener. The Government is
expected 20 make an announcement in
about a week concerning the large
quantity OF unmerchantable winter
wheat on hand. but It is now thought
improbable that the recent reitsratei
official estimate Tor a winter wheat yield
OF $50. 200. 900 bushels will be radically
reduced.
The weeks vis.ble supply statement
showed an increase OF TS6, 1000 bushels
compared with a gain OF 100000 a
wear ago, when the total was 1000. 900
bushels. against $4,000 o bushels a.
present Interior receipts were decidedly
larger. amounting to about 100000
bushels. against ahou; this same uota
last season.
Corn-Inside prices were shown neal
the close % the session. The weather
map was much better than had beer
expected. Frosts remained in th'
Northwest and the temperatures In tn,
corn belt were seasonable. The fac
that the forecast did not suggest az
immediate cold map greatly encourage,
sellers. There was a statement from
the head OF a Western cash mouse tina.
a big run OF corn could be looked fol
next week.
Country selling was intermittent an,
had more influence than has been IN,
case recently In partial reflection OF IN,
reduced speculative demand for corr
and a quieter cash inquiry from IN,
East. About 100000 bushels Of Argen
tine corn have been sold her,
since Saturday. basis 20 70 FAX cent
c. T. Z, clearance from Argentina lat
September. This business explains II
a measure the reduced Eastern cas-
demand. although there were no I'm
portant fresh Argentine offerings her
yesterday.
oats-The larger movement. favor
able weather and late reactions in othe,
markets caused oats 10 close lower
Speculative trade was divided The ex
port business was quiet. Some hesita
ton was caused by the Government in
reference to the interstate movement
of sulphured oats, but this question Il
likely 10 be settled very soon, so tina
properly designated oats may mov'
freely. The visible supply increase 70,
the week was 1850, 900 bushels.
Provtsions-The session was the dulles
that has been witnessed In many months
Their were no trades in lard reported
Hog receipts for the day were air ant
about as expected.
Chicago prices: