New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-11-16
Comm Oditie s

the day December wheat reached
Sl.SSh, then declined to $1.sft ana
later rallied TO $1.87ls.
The initial upturn. which amounted
10 roundly 2hc. was ascribed largely
10 encouraging cables. European mar
kets being frmer than expected owing
chiefly to higher advices from Argen-
tina, Rosario being 2 to 2isc up. Buy
ing in the West. and notably in spring
wheat markets, was also stimulated
partly by continued light primary re-
ceipts in the face Of continued heavy
shipments to consumers both here and
abroad.
When the offerings suddenly became
heavy and with good support lacking.
prices declined Axe with somewhat
startling rapidity. 1t was evident that
a good many holders. both little and
big. were anxious to take in profits:
also that prominent Western interests
were giving little II any support.
Some dealers were OF the opinion
that the big operators were in mood
for a decline. having sold out large
quantities on the recent extraordinary
advance. Otherwise il was not easy
to discover adequate reason for the ac-
tive selling
Just before the close the market
turned strong again. following the lead
Of Chicago. The sharp rally seemingly
was caused by active buying on for
eign account and also Wall Street or
ders. II was reported that there wers
fairly good export orders here for hard
winter wheat, but free trading was pre-
vented by the scarcity Of ocean freight
room.
Yes'day's Previous Year
close. close. ago.
Cash: (centO (eents) Gents
New York. 800. 1877 ECO 1-2oIa
Contract:
Chicago. Dec. =. t.s7Is 1854 t.o3s4
Chicago, May. 1925 1904 1854
Corn.-Thh market WA also decidedly IN
settled and irregular with many o ipn,moplI n
wheat Early in the day there was q shsrp
upturn, prices rising 2G2kc. This Wa
mainly attributed 70 encouraging cables. Ia,
ropean markets being stronger: Liverpool
vorabls reports from Argentina. where prices
Subsequently there was striking weakness.
prices falling 3%c under decidedly heavy sell
Ing, which was partly in sympathy with the
break In wheat and partly owing 10 reports
lions Late in the session demand beams
sctive, and q recovery Of 2q2ise ensued-
There 10 said TO be good domestic and for
eign demand, but business 10 checked BY the
messrs offerings and also By the scarcity OF
freight cars and ocean freight room
Yes'days Previous Year
Cash, close. close. ago.
New York .........s'.'s Silva .'sH
Chicago. december. .seH .sssS .eol>
Chicago. May .s7A .se7S .ss1s
Ost.-Moved largely In sympathy With
wheat and corn. A fairly active demand
higher cables and poor reports from ArFen-
tina. Afterward longs began TO sell.
business Is hindsred by the scarcity Of ears
and also by the scarcity OF ocean freight
Yes'day's Prsvious Year
New wy York ......... .saA $50 AZ
e SsI:::: s R:s.~ ..... e: :g q! 81.
Ry..-Priee were steady.
Yes'days Previous Year
close. eloss- ago.
Cash. N. Y. hush. SIS SIS r.os;4
Flour and Mesi-ouotations vsrsr
Ys'days Previous Ysss
close. closs- ago.
Wheat. MINI. spg pat. $40 ee.15 $50
Rye aour, choice. ..... 400 900 SIS
cornmeai. kiln dried. s.ss 80 80
Bran. in sacks. ..sf.5e 3t.oo 22-s5
Coffee, Sugar, Tea and Cotton
seed on
Current Prices
price year ago
For cash: (eents). (esn.s).
Tea. Formoss. per ID. ...... teN 10
Sugar. graduated. per b.. $50 600
Coffee. Rio. No. Z. per b.. rs
cottonseed oil. ID. .f2.7e 7.72
Coffee Yutures.-AfteY q comparatively
steady early session the coffee market y~
terdsy turned easier under reports OF FREE
offerings from Brazil and moternts trrde sell
ing. Nay contracts declined from S.<5 10
$50. and the general list elosed at . net loss
Of las points Sales were reported Of
$1,000 bags. including exchanges from De-
eemoer 10 later deiysrtsa-
Yesterdays Agar
close ago
Contract, fvents). (eents).
November ....... 500 q e.oS e.68Qs.59
December ........... sos 4e.oY e.ee8e.e9
March .............. b-H3t-Z9 e.toWo-o2
May ....,........,,, sss@8.so e.oefeIo
Sugar Putsrss.-Ths market for sugar fus-
ures was irregular At the stass and usar 20.
Csstinued ., pAgs -