The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-25
THE A MARKETS.
wheat Higher-1mproved Political
Advices-Mixed crop News.

The most urgent buying Of wheat dur
! ing yesterdays session was credited to
the operators who have been against the
list because Of the disturbed in~ternational
political situation. With yesterdays
cables TO the effect that the German Gov
m was disposed to grant conces-
sions and thereby lessen the chance OF
a break with the United States Govern
ment, these operators bought In COM
mitments. There was also other specu-
lative buying, tue to the bullish tenor
of the many crop reports received. On
| the other hand. the spring wheat mar
kets were easier. closing at fractional
losses on the day In reflection Of the
greatly improved weather for seeding
operations.
The complaints from winter wheat sec.
lions were Of the same nature as those
recently received. A thin and very
spotted plant is observed by experts In
Missouri, Illinois and Indiana. and the
statement Ia made that unless norma,
rainfall takes place In Kansas that State
will also complain. The next Govern
ment report. TO be Issued o May 8, is
expected to show an improved wheat con
dition. perhaps a basis Of higher than
so. but the abandonment Of acreage 4.
likely to be moderately over the aver.
age. and there are some authorities
counting on n loss Of more than 1000. o0O
acres this season. Private estimates as
to the probable acreage decrease In the
Northwest range from 10 to 90 per cent.
and a 20 per cent. decrease In the Cana
dian Northwest IL talked OF.
Rather conflicting. reports were current
as to tho extent OF the export demand,
II being maintained In some quarters thai
the Easter holidays abroad were against
business, At the same time the foreign
bushels and ~ much moro was absorbed
YESTERDAY, Exporters were intcres'ed IN
| the reports OF u threatened strike amonG
iighterage and ,ugboa, workers in New
York harbor. II IL admitted that with a
heavy general movement of wheat pend.
menced. and the congcsted railroad and
stcs rnship conditions, labor difficulties ol
'ny sSri would be sSr.ons; whoa, ,or ~.
day were 1900 900 bushels. Interior re
coip,s approximatcd 800; 900 %sr.ins,
wheat totals $1,000. Dan. against So 700. oo'
IN the previous week and 80. 900. 900 las
year, when the decrease for the week wa
Tn" Chicago May position was suhjcc,ec
to heavy selling At times during the ses
sion. some prominencc hai neen gwen i'
Will b" rendered on contracts next Mon
day.
'orn--Thc principal supper was In
In The May position a. ,hi,aso Vas a. az
W. h'dNN " ''NN 49, "N'H.
Western elevator Interests are said to h
prepared to absorb AL Of tho corn tia
VIII he delivered. Not much fresh sp.ru
istisc huyiug vas promoted by the bett"
political outlook. although frequent Shot
GOV erlng was noted. buying Of this char
artcr might have been Of larger proper
tons hu, for the predictions Of large
country offerings after corn planting !
completed. Prevailing weather 'ondi
lions are favorable for such operation
Tn" visible supply OF corn totals :3.ooo.o 90
bushels, the decrease for the week belnl
| Zoe. 900.
pa's-There was selling pressure in tn
Chicago Nav position for u time iu al
vance Of delivery day. which VII hN neN
Monday. Som" eSport buying was 2"
ported on tho hre,k and the foreign TAX
ings since late SATURDAY. were estimate
~ 100000 bushels. Weather condition
are generally favorable and reports ar
again heard Of an Impending large coun
irv movement. Yesterdays Interior 70
seipts were liberal at loo. OOn bushels
There Was y decrease IN the visible suppl
for tho week Of 200. 600 bushels
rrovisions-Thc sharp advance throug'
the list Yesterday was due 10 IN" IN
proved cash demand. There were ruinor
az huving for foreign Governments. Sper
ulativc demand was fair. hut pront takin
WAS noted on the upturns.