The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-14
THE GRAIN NARKETS.
wheat slumps en shipping Con-
Aitions-weather Better.

"
ditions-wsather Better.
h wheat list tended downward vlr.
tuaily all through yesterdays session
and closed very weak. II was again
said that leaders in the trade had util-
tied the effect Of bullsh crop advices
on Wednesday to liquidate a part Of their
holdings. Tho same tactics were OH
served yesterday. Very pessimistic re-
ports telling Of large ploughed up
areas Of wheat, ny in the Southwest.
drought In Nebraska II generally poor
appearance Of the plant were a%bundantly
supplied to the trade from the opening OF
the session, but those who bought wheat
on the crop damage news were readily
supplied. and the conservatives asserted
that the u~nfavorable reports represented
nothing new In the crop situation.
Al tho sanle time the private tele-
rams from various points In the Cana
dian Northwest to the effect that seed
Ing would M to-day. and similar
reports from the American spring wheat
region. for which districts clear weather
was promised, will result In more or less
wheat liquidation. It Is said that u fairly
favorable start Of the spring wheat crop
will Induce larger farm offerings. A
iioiS Siu ulobVcitIoIl W bVlt ottuu
wheat was noted In sections Of the
Southwest yesterday. This tendency to
sell cash wheat was associated with the
prospects Of beneficial ain falling over
night In Kansas. Nebraska and Missouri
An unsettlins factor OF the day was the
cfhcial announcement that the Holland
It's saiiings from United states ports.
lnasmuch as tho Dutch Government has
been credited with buying more than e..
this interruption TO the Dutch trade was
rather seriously regarded, and buyers for
thai, country admitted that they were
puzzled over the situation The reason
for the withdrawal Of the steamer lay
IN. the submarine activities and resultant
labor di.tureai.es' which, was 'esrea,
panies. Yesterdays export buying was
estimated ~ 400, 900 bushels, principally
Corn market vas under pressure
most OF the day. as . result OF the down
ward trond Of the wheat list. Tho best
support came from the short interest. \
sdvices that the Dutch Government was
endeavorine TO arrange for heavier I'm
portations Of grain, II being suid that A.
sta,cs were desired. Best authorities were
inclined to regard these advices scepticall,
problem OF shipping would have to be con.
sidered quite aside from the question OF
securing such an amount Of esportabis
Iight export business at frequent inter
walls. but In view Of the fact that Arxentina
has . surplus Of less than 10000. ooo
exports from the United States 30 far haze
been disappointing
Oats-rhe selling IVES induced mainly
BY the declines Ia other grain. 4 more
bearish sentiment was caused by the 10
vorsble seeding weather and talk OF AL M
creased area. Export business OF about
200. 900 bushels was reported. out.N Is un-
derstood tina. NEST Of the foreign buyine
IL centred In Canadian oats.
Provisions--The nerv ousness over the po'
ltical situation and the declines IN grains
were against prices for hog products. The
movement Of hogs IL light. There 10 more
heard OF home Governmsnt buying OF varl'
Gus food products.
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