The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-04-02
Interior receipts and s;ocks:
THE GRAIN
Wheat Reaches New High Levels
torn Also strong.

Large speculative Interests again be-
ann active on the buying side Of wheat
during yesterdays session. Prices were
forced more than two cents a bushel
higher. The strength VAS also ascribed
10 the persistent stream OF unfavorable
crop advices and to the fact that ex-
port buying was continuing at the hlgh
levels. Foreign p~urchases of wheat yes
terday were placed at about 1000. 900
bushels. The export business during
the past three days Is estimated IT
1000. 900 bushels. largely for the British
n Dutcn Governments. This foreign
buying would be decidedly more eff
fective a. an argument for higher prices
wene 1t not for the absorption of Cana
dian WHEAT TO the exclusion OF Ameri-
can grades.
The Official Oklahoma report. showing
n winter wheat condition In that State
of only 81. against % in March and 81
last April. reminded the trade that the
showing In the Government crop report.
90 bc published on Friday, Is expected 70
no one Of the lowest OH record. lad.
cations are that the winter wheat con-
dition as a whole will not reach so per
cent. IA compared with Ss.S last year
and a ten year average Of ST.. Some in
teres,s will not be surprised il the Gov
ernmcnt's condition figure is about 16,
'l'Ii'bSl NIANhlN al ~ "
wheat States received beneficial rains
IN the past week.
such a low condition as Is now talked Of
md an estimated aba ndonment In area OF
GesL winter wheat crop OF much more
M0n So 900, 900 bushels, against more than
10000 900 last season, spring wheat seed
Ing l. late; and the start In the American
and Canadian Northwest omis to be
much inferior 20 That Of last year becaus.
probability Of q moderate decress. in the
area. Advlces If this .ort, In conjunction
s %ilm ,'p'[,s a. count is'esrapnsd y'',sra n By By
losses OF 20 10 80 per cent. in parts Of
OHIO and Illinois and other reports indi-
t"o cots a bqshe! in yes,erday's market
liberal movement from farms and the
ltrs" farm reserves, Receipts a; interior
Sua.sn,ei. against ans P = 800 200 in w ths p ,;""" H"s
week ami 300, 900 a year ago, Interior
and i,9'-."o respectively, A moderate de,
,,eaL" IN he visible supply is expected on
COMA much stronger market In corn
vas witnessed Yesterday. prices gaining
SS.a' a cen, a nnshel The rise in wheat
Is tor but evidence Of a relatively Arm
'''n S'tuhtion was not lacking. Some Of the
a'F" commission houses were more will
,h6 - buy corn. and many shorts were
week were 400. 900 bushels, against l..
t 80 ' ~ petr'ihk "tfh nv -''V"-
,,' l year ago. Shipments from the In
,'aa. W"re 3.2go' 900 bSSheIs. 800, 900 and
tN'rHr7 - export business In corn. but no
h'i'H ""rr actually disclosed yesterday.
' fractional advances were caused
'h" up'urns in other grain markets,
nrp"'i4 90 rains IN tho South west and the
al F'ates led to reports OF delayed
t"i =, bat several authorities believed
80 soil would be greatly benefited
~ w"isiaic. The interior movement
? otth .ilaiion, Receipts for the week were
KY t"'" 80 bushels. against S.Ioo.0oo in
" ''r $50
,,rf'vlsions--The price basis was substan-
.'y'. lslssd on support from speculative
wy "o'N yard interests. Hog receipts Wers
= sn,all, aud hog values were lee Gee.
'tn" ~ II was pointed out that recsat