The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-03-26
THE A MARKETS.
Wheat Irr~guIsr-B~n~acial RSins
EAII-COrn SteRdier.

During tire major part Of yesteiday's
short wheat session. the LIST was Under
pressure ana the failure u' the mar
ket to retain It's Intermittent rallies made
Tor "a more Oea; ish sentiment N many
STARTERS. There was no disposition 20
ignore the most optimistic crop accounts
which followed the official and private.
accounts of coniols rains having fallen
over important wheat lands. Many sec
lions of Kansas, oklahoma. Missouri and
Iowa were dreuched and the outlook
favored the expectation shat the rain
area would extend to tn eastern N.u-
ter wheat region. A. a mater Of fact.
rain had commenced ~ districts of Hi
noe and Indiana Yesterday morning.
Some authorities .nsis, that "A spell Of
warm weather over ~" country. coming
after rains. Will materially alter tn.
gloomy crop conditions prevalent n a
number OF places.
The selling Of whea; contracts early
~ the session and toward the close %:
the market nigh, nave been Of greater
proportions but for the forecast Of a
cold wave for the northern tier of coun-
ties in the winte" wheat oe!t. /; was
agreed that a p-rlod % very cold
weather at his stage would give rise 10
fresh crop complaints. There was also
NJ . Ns'' F'N ''r W 'F''h -
times. il being estimated that; the TAX
tngs for the Bri.,sn and Dutch Gov
ernmenis amounted TO 10000 bushels
However, nearly All Of this export abb
Oorpt!on Was IN Manitoba wheats.
At the sam" tine the foreign adv.c-s
we're anything hut hu..iuS Liverpool
showed no tendency 10 respond - advances
on this side and at Ei-Uo> Are prices
were dropped li.c again t.nglisn house
continued TO cancel NnrLt pGrI has.s mad.
RAnATtf ftAfn I'm aFI a tho -
selling yesterda} amounting 10 :u", uo0
bushels. Tine quantity resoli daring he
week IL estimated a. Ion.ooo bush-l-.
The spectay." -: export business dud can
collation., bus!Ees - thus presented. An an
pisnstion OF hes p%r,ulat ""nd.ilons lies
ernmen; ~ huy.Ig 10Y 90. own needs and
90 create q r"s.rts, whereas the res-lling
OF wheat frepgeni'y repor,ei l. for Eng
cancel contracts mere ana purchase Argen-
tine or Australian "heat q" "-tt.r al
1t is reported mat an agterinent has been
eesched between the North American Grain
Trade Association whereby vessels chartered
for wheat and rour shipments viii not he
sequisitioned by Great Britain. The British
Government Is said to have approved OF this
agreement with the proviso that r.aIlsi-
tons Will be made under ex'raordInnry con-
Sitions.
Interior regclpts Of wh-,t for he week
We're ',sO0."0o bushes. agains, 73"", ood
bushels the previous week and i"r" oW
bushels. against ',.o" ~" and =. IW,W U r-.
ppectively. The seahpard export, were =.
100. 600 bushels, compared with :. loo. %,
and 1900 900 fespsctiN"iS Tnas. ugur.,
suggest a decrease of al,dt I. 500. 600 hush.
els In Mondays visible slpp,N Statement
Corn-The ma ketw was again rrogu.tr. win
evidence ~ a more niNci speculative trade
The covering Of shor's prevented In. lis
from setting back SHARPLY No sper ia
news developed during the So ssiuu and Al
various stages the prices changes wer.
dominated by the action OF heat. Ptlvat.
reports were that the confidence OF coun
TRY holders had been shaken iv thr rsceuI
drop In the market. Actual r.u eints nj
corn from the farms continue liberal. tn,
movement Tor the week rCaching 1000. 90,
bushels. against 1000, u00 in the pr.vlou,
week and ..2SO,0u0 - year ago. Indie,
lions are for a substantial gain in TN,
visible supply rhIs week, Soil condition,
In ths extreme Southwest hLY. been i'm
proved rs the Copious showers.
Oats-The list moved in sympathy viii
other grains, Speculative" trade was no
heavy. Receipts from thu country ar. no
suhfcien'Iy large TO encourage advocate,
Of lower prices. The movement for IN,
week was 3, 200 00b bushels. against 400,
900 In the preceding week aud s,GG0. 0OO
year ago. No Important export bushes,
Was reported yesterday.
Pro visions-The market advanced rathe
easily. Very lIttl" selling pressure 10
speculative account va noted. Iarg,
sales of beef 70 foreign governments. ar.
/. reported. tn" business In III" pas we.I
amounting to about 500. O0o, O00 pounds.
Chicago prices;