The sun., 1915-11-10
THE GRAIN MARKET.
Greater selling Pressure ON wheat
Other Lines Affected.

The downward trend OF wheat values
was not interrupted yesterday There
were easier cash wheat markets, espt-
Cially at the Southwest. In the spring
wheat markets the pressure has not be-
come pronounced as yet, due to the
ptodigious milling demand and the o,-
casional export buying. II Is evident.
however. that stocks OF wheat at thu
PRINCIPAL points Of distribution, at home
and abroad, are being roplenished to u
basis more In keeping with the aggrr-
gate production and the normal,
The worlds visible supply statement
adversely affected values yesterday.
There was Il gain Of Is ,000. 0CU bushels
followin- an increase of about the same
amount In the preceding week. Stocks
Of wheat az visible supply points IN tho
United States were given at $4,000. .0OJ
bushels, against 100000 last year .
In Canada at 100000, against A.
coo. 0On, and IN Europe ut 5000, o0o,
against Gi,000.000 The larger arrivals
abroad and the proximity OF exports
from Australia and Argentina are scrv-
inc TO temper the inquiry for American
wheat,
Export buying here yesterday appro,mltcd
10000 bushels Durin. the last f'w d1y~
about eloop bushels OF rye have been cold
to European Interests The foreign wheat
LIS, wss easier ami. in coniunc, ION with the
large receipts and peace talk. inspired scat.
tered liduldltion on this side some large
shorts covered al the declines bear1sh
Cons'ruCtlo on was gwen 80 the cable advi'ps
indicating tina, the British Government hal
assumed control over Australia crUn and
her eNporiable surplus OF '"."s"" bush
els 4 year a.o Australia imported about
l1pN.ufp bushels of wheat.
Reports reached the wheat trade after tho
close OF the market that German submarines
threatened the commerce OF the NFlter-
rlu, an ANY serious interference to shipping
would probably be besrishly regarded di ih.s
proportions recently. avcraEn: more than
i;"O 81 bushels daily Interior rr"vuts 30
Ear tins week total Nsn so hu ,hels. agnnsl
1.so.D last week AMI ssdp,1o year ago.
COrn-The market was irregular The rrin-
oipd pressure ocrurred durirc The fore part
Of the session There wa- selling based on
the Government estimate, the decline IN wheat
and on the disposition Of country houses "a
luuidate shorts bought freely al the de.
cline A statement from trop Expert Snow
to the effect that after allowance was made
Tor the poor Qualty Of the crop this year
the a"tual feeding puaut'ty MAS -.3NS"H.. -
bushels, against -.''.'"'"o Last year, H.d
that much " ,Hi~ 'Nr-- wa IN tho South.
stimulated mprr ur l's. buying The s"H'l.
meut IA sptou'a'Iy" quarters is decidedly
mixed u present small export bus,ur~s
vs. reported yr-iCrty
O1's -tOus'dcrlns the h-d-e selling aul iC
decline n wheat the list wa fairly -t"aay
shorts and sNuor'pr~ bouZhi lr,-'ly 10 times
The i0rei-u talN'E- were placed at about
1000" bushels The farm movement shows
= further cruaTsIou. Win yesterday ro0r pts
iotaii.uE l..i.s' bushels, against 'l.n."" a
year ago
i'rovlsion.-L Liberal re, e!pt- Of ho.- DO.
pressed provision value The ou'silc sup
port remains E-ht shorts bought n tho
lower levels aud there Werr some rrror,s OF
a slight bctiermtut IN the cash demand
Chicago prices;