The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-09
THE GRAIN
4. =. wheat Report About a. EH.
pccted-Priccs Lower.

The Government report on winter and
spring wheat, as issued just after the
close OF Yesterdays market. proved In
line with general expectations. The
winter wheat condition II s2.4 was
about . points better than was looked
for. but as an offse, the abandoned
acreage Of i.236.00O was close 20 the
maximum estimates. A month ago the
wheat condition vas 1S.3. against %
last May and SIS as a ten year aver
age. The acreage ~ now 1885. 600
and the indicated crop. allowing for nor
maj deterioration to harvest. IL 4gg .000.-
o00 bushels. compared with $4,000. 90
In April and 691. no0. 600 last year, when
tn harvcs, WIS 65j, 600. 600 bushels.
There was really lio report published
relative to spring wheat conditions. The
Government did place the amount Of
ploushing done at 704 per cent. and
! spring planting a; Sc. !, against 6s.s and
;js respectively. but these items refer
To spring wheat and various other crops.
such As cotton. corn and pats. and not
TO spring wheat alone. AS was commonly
supposed IN many quarters yesterday.
The marke' during the session Nss e..
ra'ir N!Nei crop accounts hal more %
d. nith nc Irregular fluctuations IN tho
market than thu disposition 20 arrang'
.ouu.tn't's 'or over ne Government 70
port Complaints Of dry weather In Nc
braska and 90 parts OF Kansas stimulated
speculative buying for a time. esp.cial!
north as southern Nebraska and rrop ~
pcrts reiterated that a serious fly scare
would Ice fcit this season some author
the Eastern wheat bet We're no. being
improved .pou While others admitted th,t
the situation was only a trire better In
IN" GovcrnmeTt report Inc ONO wheat
. condition VA 80, against IS aad % last
month ana '1s; &c.ar Indiana; So - and
49, ana - 1t = noteworthy that the
Missouri! state report gave the wheat con
ditibn iu the state At only t.N.
ON the other hand there were iica'
weather conditions In the Northwest for
the seeding operations ana the fore ~
weather. SeNerd, OF the large commission
houses sold wheat On al Of tho aIttrD -
grain were ltrGsr a. a r'sl't OF tn 'nn,
n.,!2n of o.: an. r1,c p'sn,i,s, "a, MS5'alSso,
iM,r.gh,..it ',r, =, "l va 900 NHn,ss'. is,
week and LOO ooo a wear ago Til visible
supply Of whea, decreased ss3 ooo
b. -hels Tho 'pia' IN tive tHited .S'''".
i q. ooo. OoN bushels agaius' 5000 ooo
last wear. Nhen the decrease for no week
The peace rumors occs.,nrei motc ~
les liquidation Of wheat .rl undol..'cll.
hold down ~" outside demand ENpo-'
h.sioss,o o H',inf th" d" va" e''''"''e'
corn Tho selling p-cs.nr" n ,hs make.
AND he clos" Wa i"ar tho 'oN ~ M
1,y Par ~ thc selling Va .~redi,t"l I.
prominent slatiN" iu'"res's Large
country oneriugs were reported hrd IN.
creased selling 'or 'arru account = lo"ke,,
for ~ p'auttuc operations are competed
/ Wetfu,r conditions are very favorable !;
he West, tthourh some dry Nea'h"'
B complaints from the South".~t ar" no NJ
received. Thcro > no export inapiry o'
tmpor,auco a. the decline In price. Thu
,isthIa supplV FOR tho week shovel d
total of n.oo0. 600 bushels, against Il.
ooo. 600 IN the previous week and $500. oN'
q year ago.
Dafs-Thr market Was iu0hencei h'
the action ot other grain ON the "h"'e
the crop reports are favorable AMI sp"ru
.. l,,i,e demand Is not broad RELATIVE
strength in the chicago May delivery wa
. observed at times. There was no oNpor
business reported. The visible supply :
. ~ $50. 400 bushels against 1910" 900 T.
tho previous week tui :o.ooo, o0o las
year
:, Provisions Tn" peace reports mad NJ
special stimulating influence" on IN" mar
., ke'. SpecuI stiNo trade Was mixed. as weri
the operation for packers
,hlyagp Drircg.