The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-16
THE GRAIN xARKEN.
wheat NePveas-DensAeial Aaias
-Dearish Foreign Aavlee0.

After declining close to ? cents q
bushel the wheat list recovered partly
but the fluctuations we're sug-
gestive OF a very sensitive trade and a
decidedly confused sentiment among
many Of the large and small operators.
ir the course Of the day were Of bearish
import, yet the considerable damage
that has been noted In the winter wheat
sections causes hesitancy among those
e~spousing tho bear side Of the list. In
this regard Crop Expert La Coun OF
Finley, Barrel L Co. said that the win
ter wheat deterioration has been 20 per
cent. to this early date. that a bad Hes-
sian ny scare was likely to be felt within
the next few weeks and that the season
in the Northwest Is late enough TO war
rant the expectation OF a reduced acre
age.
Part of the liquidation and bear pres
sure yesterday was associated with the
continued favorable weather through the
country. II Is clear in the Northwest,
and 1t Ia expected that seeding Will be
rather general In various sections this
week. The trade had reports OF timely
rains I'm parts OF Nebraska and Kansas.
and Oklahoma had additional precipita-
ton. The forecast vas for showers over
virtually all Of the winter wheat region.
Slightly lower cash wheat premiums
we're again reported and aiken as a re.
Election OF the improved crop outlook az a
whole and also Of the liberal stocks OF
old wheat at many points. The interior
movement for the week to.alled $4,000
bushels. against $4,000 900 In the previ-
Gus week and 100000 a year ago.
A disposition was manifest 70 regard
cable new. an aaa,nse 'n nr,c.s Ho NOT moi r.,
spond TO advances acored on this side and
more Is heard of larger Canadian and
1 A%:,ra ~ ES Sas. port. i: '' Very ."" seaes. a.
for some time the Government has been
buying grain for . reserve. thus taxing
Svaiiabie normally for merchants. It Is
! intimat.d that the British Goyernmen,
may sell part Of Its wheat stocks about
VIII be- som. whs., shipped to England
t,matsd Al 100000 bushels. largely Cana
corn~Aithoush the Decline: In whs.,
caused more or less selling. the markel
s ,S1 ,s s:ir r: M!ne h.r r.t Be-: S' e sns SSs'Ss talk AKA
INK OF impending liquidation. in tho Ma,
position at Chicago. Foreign markets
tutnued bad crop accounts. from Argentina
However, these builish advices concerning
the outturn in Argentina have been re-
ferred 10 on many days In the past few
months and their effect therefore Ia trivia
at this stage. Cash markets here are
reported to be somewhat steadier, notwith
standing predictions OF an increase In thu
country movement after the completion
of oat seeding. Interior receipts for tn
week were 1000, 900 bushels, against 5000,
| 900 in the previous week and $500 900 4
CpatN-Further short covering. especiall,
! In the Chicago May delivery. helped price,
| sltGhtly. The action of the market In fac.
Of declines in other parts Of the list snc
rather bearish early. new crop reports, es
turb shorts. Nc important export buyinl
was reported yesterday. h farm move
| degree. receipts for the week totaliing 8.
900, 900 bushels, against 100000 In thu
previous week and 3 .3oo,oo0 a year ago.
Proviaions-The light hog receipts ant
fair cash trade restricted offerings In thu
product market, Tn" speculative trade VA
| Of small proportions.
rAlaasA nrirAa