The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-05
THE GRAIN MARKET.
strong Tone In wheat Market
Balls and Exporter Duy,

Wheat was more actively dealt in
Yesterday. The upward trend of last
week was extended. There was talk of
a large outstanding short interest in the
chicago December position, which would
soon he forced to cover. That delivery
Is within a half cent Of the May,
whereas the recent difference OF 4 cents
represented "A normal d%irerential.
The buying Of wheat through the large
commission houses was of fair propor-
Ton at times. The outside trade was
evidently improved and there were fewer
pears to be heard. Renewed absorption
Tor interests abroad Is having material
bearing on sentiment. The export buy
ing OF wheat during the session was
placed at 1900. 900 bushels BY some
authorities.
Inc wheat trade is more willing to
accept large figures relative to the ex-
port business at this time. This change
or attitude is explained by the floating OF
the foreign loan. strength Of cash wheat
and ocean freights n by the enormous
c~,earances OF late. which plainly denote
mar great secrecy has surrounded the
foreign takings for several weeks,
nesterdsy's seaboard shipments were
asve'vpo bushels. Other bullish. statistics
s.ltl.oo0 bushels. against a. 400, 900 a wear
Axe, This spring wheat movement Is OF
distribution remains slow and suggests mai
ysmers are leisurely marketing. their good
sss:sel. ii IL th. ~ Week. s W!Is,. Of a. .;siSs,c o o
tho TOTO oSshel ln ono q year ago. when
pared wi tho ~s n. oI .p oTo bushels; as cGm-
900 600 The caP Pien' visiFS res aos. I n.a ,s'v
o'yvo, 900 bushels for the week.
few days and the farm movement NAV
snpw an expansion. 1t Is the th-ory Of the
able volume will continue to he anicEiv
ausoroed. as home mills have not accumu-
petition. from forreisn buyers do.s r noe sSnw
sIfns OF abating Cabled advice. tell OF
,nil,ers In various foreign countries beng
plies, 'e" "'ueana'e wheat sup
Corn,--There were new lows made in the
NE large Western traders. who contend
sttnnr d pig crop Is assured and that feed
liant supply. There. was also country sell.
ing. which reflected the generous move
i;i:s,oOo bushels. against iSs sssss s Gay YEAR Year
There was early strength in tn. list.
western States, Private reports were not
suasestiye of apprehension. however, 1t
was rs SAID that a light frost would do little
siders were not inclined TO take to the
euyins side on the outlook for colder
ened with the upturn in wheat. The buy
Ing was credited mainly to timid shorts.
$4,000 bushels, against 1000 900 last
week ana o.4oo,ooo a year ago.
oats-The small net advances In the
market were caused by the action OF
wheat. Speculative trade was light.
There was a demand from professional
traders. who prefer to follow the buying
side pending an Increase in the hedge
selling. Part OF the absorption during
the day vas credited 20 exporters. The
visible supply totals 1880. 900 bushels.
against lt2oo,ooO in the previous week
and %. 900. 900 bushels a year ago.
Provisions-The list was advanced mod
erately. Cash demand has improved.
partly as a result VI the better Southern
financial conditions. Speculative buying
was limited, although the hrner tone
through the hog list had sentimental in
nuence.