New-York tribune., 1918-08-18

primary points last week were again on
an enormous scale, the total being TO-
$4,000 bushels. compared with 20767,-
600 the previous week and 4.146,000 for
the corresponding week year ago. The
stocks are increasing very rapidly at
the terminal markets. and there is also
e. very liberal movement to the mills
and country elevators. Exports from
seaboard ports we're slightly larger.
, amounting to 1448,000, compared with
$4,000 the previous week. The export
movement, however, is not keeping
pace with the arrivals at the ports, and,
owing to fears of congestion, permits
are still being withheld and no new
business is being done.
Rains during the week delayed har-
vestng operations to some extent IN
the American Northwest, and conse
quently spring wheat is not moving as
rapidly as had been expected. Prepara
tions are being made for next years
crop, and it is hoped that farmers in
the winter wheat belt will succeed in
planting the 45,O00,00O acres asked for
by the government.
Corn.-There was comparatively lit
tie snap to the corn market on Satur-
day, but after showing heavier tone
early, prices rallied, and closed with
net gains of lzc to Sc 1t was thought
that the crop damage reports had lost
most of their influence, but the market
responded to a statement by leading
crop authority to the effect that the
damage by heat and drought this sea-
son had been greater than was eXpe-
rienced by frost to last years crop.
Al the same time the trade is look
ing for crop of much superior quail
with weather conditions now more IA
vorable the market responds with less
ease to bullish crop news.
Receipts at primary points for the
week were 2.9170O0 bushels. compared
with 100000 the previous week and
1850. 900 last year. This falling off in
the movement has had q tendency to
hold prices steady, and it was said that
elevator interests in the West were
finding a more ready market for their
corn, and at prices which represented
good profits. The Eastern cash demand
was very slow, and there seems to be
little probability Of more than jobbing
business, as shipping permits are not
3
been sold and can be Immediately de-
livered upon arrival.
yestday's prAiou. Year
New York: close. clAe. ago.
Corn. No yellow s1.ea94 s1.ss94 s1.s5
Chicago:
AsntsmDsr Auss,s ;:.... - 1:saA sazAs 1872 1s94ss
Oats. - The oats market showed
firm undertone and closed with net gains
of Sac to 1c. There seemed to be a dis
position on the part of shorts to cover,
and it was the prevailing opinion that
the technical position Of the market
was strong owing to recent heavy
sales. Receipts were large and for the
week aggregated 11,o54,00o bushels,
compared with 9,427. 900 the previous
week and 1899 900 last year. In the
local cash market prices were firm;
standard quoted at SOtac: No. 2 white,
SOd8 80hc; No 8 white, 79M791ac; No
white. 78hG79c; fancy clipped white,
81 II hMS3c, and ordinary clipped white,
1912 @ 81 &c, all elevator.
est'day's Previous Year
New York: close. close. ago
Oats. No. white. 1914 .7sNa .7ajs
ssDtsasD:i Ssasss :se :sezs :se :seVs s1n
Rye.-MarkeC steady.
Yest'day's Previous Year
New York, close close. a0o
Cash. No. West. S1.71 S1.71 s1ao
Flour and Meal.-Quotations were:
Yest'day's Previous Year
New York: close close aro
Flour. Mimi. spg. pat$1t.3o Sft.3o SAYS
Cornmeal. yellow. gran 400 4.eo -,o.O5
Rye flour. choice. 9.45 9.45 1855
sKiln dried.