The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-15
THE GRAIN MARKETS.
Wheat E.rraiic-Mi>ed Crop Con-
ditIons-Earmcrs Sell.

Sharp fluctuations characterized the
wheat market of Yesterday. Undoubtedly
there are conflicting forces working in
the trade nj present, and while much Is
heard of an impending bun movement II
seems az though more or less opposition
Will bc furnished 10y those vino stan dwell
on the large stocks OF wheat on Ameri-
can and Canadian farms as Transforming
Ia importanc" AT this tim. the poor crop
outlook IN the soft winter wheat belt.
The general tenor OF the crop news
Yesterday served to confuse speculative
and other interests. Experts continued
to wire If 20 To so per cent. wheat
deterioration in various parts of Ohio.
Illinois, indian and Missouri. The
pessimism is still founded Oh the large
amount of land abandoned, with much
heard OF the poor appearance of 'he
plant, due presumably 20 "A poor seeu
bed.
Yesterdays weather m1p showcd Eight
TO moderate faius IN many parts of all
winter wheat States, Nebraska aud Iowa
excepted, This moisture IS beneficial
and authorities say that Kansas can go
until mid-May without further rainfall.
The Moierh Miiicr pictures a very bright
promise for Kansas, bat saNS that the
heavy damage in tho soft winter wheat
States is confirmed. As far as Ne
hraska is concerned further rain would
he helpful and there H. a disposition to
closely scru,inlzc the Increasing insect
~a.lyiccs from that state.
Apart from the beneficial rains In the
vtuter wheat the favorahl. side OF the crop
situation a., reported yesterday MA t. do
With tho clear weather In the American
and Canadian spring wheat belt. Fresh
reports Were received to IN" cfcct mat
with the advance of tho new wheat seat
son larger farm offerings could be eN-
pectcd. cash wheat handlers say that
tie break Ia TIL market yesterday from
It's high point reflected tn" easement IN
cash wheat premiums, as made inevitable"
ny the imminent Increase % tn" movement
from The far Northwest because Of the re
sumption Of Lake navigation.
Another factor IN "A selling movement
yesterday Was the rumor that ia" British
Government had cancelled thre" cargoes
ton of boa's for munition purposes. Oni-
Gals r'fus" - deny or affirm the" rumors.
The fresh cNp"rt h~gS!ne,s yestcrday was
madam and duruIn wheuis.
Bradstrc't's export FOR the week we're
30, 900 bushels since July n" total
last yc.r. Argentina shipped only ..Ui0.-
600 bushels Of wheat this week, and AUS
tralia exported 2,350. 900 hu~hoIs.
Corn-rhe list ruled fraot.vnaily Higher
most NJ the session. There was relative
nrmness In the cash markets, due to an
markets again led to rumors of export
business here. although no bus!nes, was
tTSoed, Ritn' n a. 1."siinT o Ii,,gir, If +
the poor crop oulturn In that country The
actual shipments of corn from the United
States continue light. amounting to only
le,ooo, 900 bushels this season, against 81
900, 900 a year ago, The interior move
ment Is fair. totalling 2, i00, 600 bushels this
week. against 5000. 600 In the previous week
and $500, 900 last year.
Oats-The market was quit" steudy, al
though IL frequently felt the action of
other grain, Export buying OF about
LOCO, 600 bushels helped prices. This
foreign business was said 20 be mainly In
Canadian oats, but hedges were undone IN
the Chicago market. Weather conditions
In the West were generally favorable, as
the rains are expected to be followed by
clear weather. Farm offerings are still
limited.
Provisions-Ths list was a trine higher
Oh tbs I..cI: 2hsrr.,'cn ~ ~" HOG move
ment and fair cash trade, In speculative
quarters the sentiment is stil rather
bullish. Chicago prices: