The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-11-14
THE GRAIN MARKET.
concentrated Wheat Holdings
VaIaes Highrr-COrn Firm.

Tho wheat trade IL much concerned
with the reports siggt sting that there is
a big concentrated long account in the
Chicago December delivery. l. Is un-
derstood ON high authority that a
prominent New York house engaged In
the export and banking business holds
contracts for about 1000, 600 bushels
of the December wheat 1T Chicaso
against sales of wheat 20 Il forc!rn Gov-
eminent.
Wei Informed exporters here wcrA Of
the opinion that there ware o'her rN-
tcnsiNe holdings in IN. Chicago market
The view ir expressed that despite tn"
fact that contract stocks are less than
l.0oo, o0o bushels IN that market thor"
win Ice enough whent delivered before
the expiration O! December to satisfy
the holders ot contracts.
The point has bean made that CON
siderable we've, chaif wheat vii. prob
ably be sent from the Northwest to
Chicago, and that other undesired grades
of wheat may We delivered on contracts,
so that the interests in control may
not be disposed to Gay for all the wheat
rendered. \ severe squeeze IN the Chi
cage December future - not expected.
however, a. speculative shorts have re-
ceived an early warning OF the cong.s-
ton and Northwestern houses have
found il profitable "a sell wheat at
Chicago Tor next months delivery.
The list was at moderl'r advances dur
ing ys terduy's short session a furthe"
broadening in IN" speCu.d;ty" demand was
iiscerutd Thrr, wa, 81 fair amount ~
huyiug credited % MILLS and exporters, 50
that the limited hedge selling was reality
absorbed, Ths Strength Of the foreign
market continued, and as Vet the large
arrivals OF wheat abroad. Bag Australian
crop and favorable accounts from Argen-
tina have not conduCet 10 undermine
values at the prLncipa! Europesn d'strihH'-
ing centres, EApor l. lsln'ss N"s'"rlN ~
estimated a. 100000 hHshe,r, although when
the market c.oscd several unr'!'d inquiries
We're said To- be on hlnI, IN" advance IN
ing The November delivery AZ Niurlp"s
MAS Sc. higher for a i'm" r%"ar'ins about
ic, a bushsi near the nnl's q: me DAY.
A liberal increase In me visible supply
II is expected, MI lee shown ON Monday
The rec, ipts u wheat for the Week We're
10. goo. 400 bushels. ugi!ns' ESQ, 600 ,'he
Wear, shipments were l0,ooo 900 bushels
S.5oo 600 uad 1900 0oo rcsp"ciIycl%, The
s.ahonri exports tyti,,'d N,H0O,'pu bushels,
! agairs' 5000. 600 the preceding week aud
Z 200. GOA "A year ago.
corn Thr tore vas arm all NJ" SOS
.,H" support r Gsm% i.'W "r r lSfi'n asa W snow
IN psrts at IN" bot over the. week end
induced, NOR. or lcs1 nnIinE II Vas a,I"
mated tho feeding crop ,H' com a, only
, I. SsO. 900 bushels. hu' this was denied,
Late Friday IA" tuN"rhihrht lNSl'i u
supplemented detailed report to the ont
cla' estimates for "A crop ~ 600 400
bushels of az pr cent Iual'y. rh'f-
was not much country selling ON IA" HI'
vanc. and cash m0rk'ts responded Ia ~.
rise in futures. FRONT taking sHics N"i'
/ absorbed Without lowering values r",h-
nlrully, the market 10 believed 60 hr IN
a weaker position
Oats The slight advances wrr" IN
sympathy with thoso scored In '"tu
Whle speculative" buying. wns s'!glf''
more active, Tie hrdg" selling pr'vrnir.
an upturn Of importance Tho r"ceip''
for the week were 10000. 900 bushels
against Zoo 900 last year. while the ship
ments We're 1000, OOc, against 5000, 0ol
a year ago. Export business ycsterdaS
was placed at ?aO.0O0 bushels,
Provisiuns-Tho higher hog market ant