The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-10-03
THE a.
wheat Rises On FOREIGN \d>ic~s
ndcr Pressure,

The frnness in the wheat market yes
terday was rather impressive. The inn
petus for higher values was found in
the cable tdvic,s. Several countries OF
Europe have again been suffering un-
timely moisture and disappointing crops
have resulted. II is not thought that
Europe will have less wheat than was
available q year ago. but tho striking
fac, is that some Of the importing coun-
TRIES are heavily short OF wheat.
France IL one Of these countries. An
official report was Cabled yesterday Civ
ing her wheat yield AT only .3i,o00,OoO
bushels. against 315. 200, 900 last year.
when the im~portations of all wheats
we're approximately So. 000. 900 bushels.
1t was therefore reasoned that the
French importations this season may
easily reach l5o.oo0. 00o bushels. espe-
cially as the actual crop in France
might he under TIL government fore
cast. For several months the official
CROP authorities abroad have seemingly
been intent upon circulating stimat
calculated to minimize the Importance
Of the wheat requirements for the great
1, importing countries.
There was a considerable export business
,esterdaV. l. was Thought int the foreign
huying exceeded a million bushels. Tn.
bulk of the absorption was centfc! On
MauItohas. -Four export business IN the
past few days has also been OF moderate
proportions. foreigners demanding quick
shipments. From an quarters ~ heard
the complaint that The dealings are being
restricted by ne striking scarcity OF ocean
freight room and he record transportation
costs. Another big advance was es'sp-
ush.d YESTERDAY. Liverpool and London
fr,iyhts we're quoted 1T equal to ~ to ~
cents u bushel. against about 81 cents a
week ago, and around - cents t"" weeks
ago.
shorts I'm wheat were disturbed by 'h'
reiterated predictions that the December
I delivery at chicago would soon be above
the basis Of the MAY. rreminms on ',n as,
session. The movement of winter whea'
| continues eXasperatinfgly light and mucl
Of the arrivals show an inferior sr"ue
Tho total wheat movement IL well shead
Of that Of a year ago, however. due to I'M
huge spring wheat receipts, but only slieh'
sccumulations are being noted al north
western points,
0 o.oSo busheis, against i5,a2s,ooo las
week and u.s. sSS' 90" q ys-F re-, % sS eyS aml
S.oo. 900 bushels. respectively. Tho sea
board exports for the corresponding period,
we're 1000, 900 bushels against f'loo'"o'
Corn Considering the s,r@nshh OF m
plenty ~ corn to he had Whenever the rs
ddiri"ns for The maturing OF the crop tool
from the courage Of The bulls especially
as. there were Coun,ry selling ana marrr,
southern districts. Large shorts bongh
rather earnestly az times, hut mad litt'
difficulty in securing their requiremenis
The sentiment was generally a%gains, IN
iist principally because Of the outlook 10
clear and mild weather over the. counlt,r,
fnr The next few days ana on tho belle
that a crop Of more than $500, OOo,o
bushels has already been assured, som
BUSINESS in new corn for export was sBalI
renorted. but the quantity Is not large.
OATS--cash houses sold oats for - tim
and the indica ions are for larger re
CENTS. Weather conditions are very IA
,orsble for the movement. The marx"
rallied. due To the action Of wheat and q
the presence of a further export inquiry
outside trade continued light. The week
Interior movement totHlled O,5oo,Uo
bushels. Against 5000, 600 bushels In IN
p~revious week and $40, 900 a year ago.
'pUONISIoNS--Thc prominence given I
the better "a port trade recently induce
, some speculative buying OF provisions, Ito
receipts we're light and there was dt
;. cIdciiy less pressure from packers.
EhlraYn nrIres,