New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-02
Susie n a n c e
Cereals

Wheat.-The wheat market moved
within a comparatively wide range,
but the close was cent net higher for
the September position in Chicago,
which is the only month in which
operations are being made. The stu
alton at large was still very uncer-
tain one, and the trade is still wait
ing for the passage of the food con-
troll bill
The Snow report indicated a gain Of
about 100000 bushels in winter
wheat from the last report and an
equal loss in the spring wheat out
look. The winter wheat crop was
placed at 440,O0O,o00 bushels and the
spring wheat crop at 220,OO0,o00 BUSH
els, an estimated total of 660,000,000,
which compares with the last govern
ment report Of 67S,0O0,OO0, although
on the government acreage the esti-
mate will be 100000 more spring
wheat
The Price Current said that winter
wheat thrashing is progressing very
rapidly, and the majority of the re-
ports indicate yields above expecta-
tions, but also intimated a considera-
Bile loss to the spring wheat crop as
result of drouth.
The peace news" from Europe at
tracted considerable attention, but
failed to have much influence on the
market, where everything seems to de-
pend on the attitude OF the farmer,
who Is not selling his new wheat. and
is waiting for even higher prices than
prevail at the present time. Cash
markets were still largely nominal in
absence Of offers.
Yes'day's Previous Year
Cash: close. close. ago.
New York. .s2.75 $275 S1.37Ia
Contract:
Chicago, Sept. 2.1s 2.17 1905
Corn.-The Chicago Board of TRADE has
suspended all further operations in Septem-
Der corn, and this leaves trading open only
IN the new crop months. These positions
were under increased pressure and closed / 3
to 1850 net lower. The drouth In the South
west has been broken by good rains. and in
consequence the trade felt more optimistic
over the crop outlook. The monthly report
by w. B. Snow indicated a yield Of 3,l75.-
600 900 bushels, which compares with the
last government estimate Of 3l24,OOO.OOO.
He said that the heavy decline in prospects
in Kansas Oklahoma and Texas is more than
offset by improvement in promise over the
rest of the important territory. The Okla
homa state report showed loss in condition
during the past month OF 20 per cent In
the local cash market No. 2 yellow corn was
quoted at s2.45 and No. 3 mixed at s2.4S
c. l. (. New York.
Yes'day's Previous Year
Cash. close. close. ago.
New York ........s2.45 SAP .s3
Chicago December. 1.i5N 1.7R sra
Chicago. May. Ia 1.1oas
oat.-sentiment in the oats market was
more bearish owing TO the elimination OF the
July position as a factor and on reports OF
increased offers from the country. D. W.
Snow estimated the crop at l,5OO,OOO.OOO' or
about the same as the late government esti-
mate. The local cash market was easy
standard quoted at 90l.c: No. white, Sie !;
No. 3 white, Ss12s to 90c; No. white. sSl7e
to SOC fancy clipped white. &c 70 sac or
binary clipped white. 90c TO 92c. all elevator
Yes'day's Previous Year
Cash. close. close. ago'
New York ........ 30 81 '1o|2
Contract: rs,
Chicago, September .581s .5sHs .44's
Chicago, December 1924 .ooss -
Rye.-Market steady.
Yes'day's Previous Year
Cashi close. close; ago;
N. Y. No. Western. $3.50 $3.50 s'.o/
Flour and Meal.-Quotations were:
Yesdays Previous Year
close close. ago.
Flour, MINI. spg. pat.st3.75 $3.50 $3.50
Rye flour, choice. ..... 1900 12oo PIP
Cornmeal. kiln dried. SIS s.25 $50
Bran, in sacks........ 1000 1900 22.25
-e--------