The sun., 1918-08-10
BLOCKADE IN WHEAT
MOVEMENT FEARED
Enormous Deliveries of Win ter
Crop Overcrowding Facili-
ties at Terminals.
VISIBLE SUPP. L GAINS
Increase for Week Amounts to
100000 Eushcls-MOv-
ing to Scuboards.

ing to ScubOards.
Reports yesterday from Western
points indicated grave apprehension of
blockade in the movement of wheat,
owing to the enormous farm deliveries
OF winter wheat. and a conference be-
tween Food Administration officials and
Western elevator and commission men
Vas reported. in order to devise ways
and means for keeping the crop moving
and yet keep the terminals clear.
Whether the latter can be done will de-
pend to large extent upon whether
the ALLEGATIONS of tonnage for August
September shipment will be sufficient
10 take the grain away from the sea-
board in time to prevent a backup to the
interior markets.
The visible supply of wheat, as re-
ported by Brddstreet's, increased ten
l.,ilion bushels for the week and with
the fact of record breaking receipts
this week the increase may be still
larger. There Is an enormous amount
Of wheat in transit and very soon there
should he heavy arrivals at the sea-
board, in order to meet the tonnage
allotments for the next few weeks. Ad
vices from the country indicate little
or no letup in the actual marketings
by the farmers, although the ire
mendous shipments of winter wheat
cannot be maintained much longer,
particularly IL farmers get busy with
| preparations for the new crop.
Much will depend upon the weather
| The reports are that work has been
! hampered by the extreme heat and
! drought, but within the last two days
! there have been rains to n greater or
| less extent over the entire country from
! the Pacific region east. and with the
exception OF the extreme Southwest.
| from the Gulf northward. These rains
| will improve the condition of the ground
| for fall ploughing and will Furthermore
| have a tremendous bearing on the late
| fall feedstuff and pasturage conditions,
| and in many sections will be the maxi
, ing Of the corn crop. While more rain
will be extremely desirable following
the tremendous heat. the rains in most
! sections have come with lower tenn
peratures which will tend to conserve
| the moisture.
| CHICAGO, Aug. Corn eased IN price
to-day owing largely to improved
weather and to the gratifying character
Of the war news The close was unset
tied is to I Is net lower. with Sep
TENDER sl.61 SIS to 81 81 "a, and October
s1631-S to 1888 -S Oats finished is
to 10 down, and provisions off II to soc.
General rains and the break UP OF the
hot wave tended to dispel fears OF an
extension OF crop damage In the corn
belt. Aggressive selling which resulted
was empha sized somewhat by bearish
differences regarding the Government re-
port, but as rule the report was looked
on as having been discounted In ad-
vance The smallness of receipts led to
a little demand at one time. but was
more than offset later by bulletins tell
ing OF the great success Of tho latest
drive against the Germans. Partial re-
coverles that took place after midday
had no better basis apparent than an eff
! fort by shorts to secure profits
oats ranged lower than corn. Liberal
arrival Of oats added to the selling pres
sure.
l. Weakness Of provisions was attributed
in some degree TO the Federal Trade
| Commissions report advising control o.
hacking industries Talk was current
also that cool weather and the high
prices at the yards would cause the hoe
movement to increase.
| WHEAT-This weeks receipts have hg
gregated 1898 600 bushels. or e,sooon'
bushels more than the previous week
The Ohio state report made the yieit
OF wheat lis per cent. compared will
the average. with quality 90.
CORN-Yiolding TO improved weathe'
conditions the corn market was easie
Yesterday but after selling on to 81 6o7-
for September, or INC. under the previous
night, rallied a cent n bushel in the las
hour and closed steady at \ to lc. ne
decline. The cash market here was frm
as follows: Fresh shelled. No. yellow
scsos do No. 3 yellow. sl.9SE, both
cost and freight New York
OATS--The sustaining influence OF cas'
demand was less prominent In the oat
) market yesterday, exporters having hp
} parently withdrawn from the market an
support. prices worked lower. closing a
; u to NC net decline. Locally the casl
market was weak with standard ouotet
3 at 6Odslc.: No. 2 white, slihc.: 10.
D white. sOTSlc: No. white, 7si, n so II c.
fancy clipped white, So a S3c ana ordinar
! clipped white, 79Gs.c.
II RYE-Markct quiet. No Western
u'7i. cost and freight y Y.
BNRLEY-Market dull; feeding. 81
al 90 and mailing. sl.25G 100, cost an
freight ~ y
No. 2 si5oGi,55; No. 3. $3.50 40.
o wheat, Including -four, exports for IN
D week. according to Rradstreets' 1."S2; b
bushels against 1,S72s277 the previou
io,oi7l7i. against c9s25,66S last seasoI
I, Corn. exports for the week, ?52ss'
4 against oi4,2l2 the previous week an
sSI s37 last year; since July LIST 2,44752'
against S.530133 last season.
CHICAGO PRICES,