The sun., 1918-08-18
CORN ESTIMATES
WILL Be LOWER
Belief Final Figures Will In
dictate a Material
Shrinkagc.
OATS PROSPECT BETTER
Wheat Indications Promise to
Offset Shortage in Corn
Yield.

The tendency among recognised crop
axr.rs. ~. No., ., r.,.ra ,na h..t ana
$3.50,
ervusht oamaee 10 corn from hs"s's,
Missouri. Oklahoma and parts Of
Nebraska and rova-also in some Of the
N. $500, .,u,,,,, 49,, =,
''oio s'''ou" '""
hrst inquired Tho BELIEF now prevails
that the coming Government report, due
about septeu,ber o will shouv a married.
r.,,,. - ,...,.
'a'''ns oh III corn prooue''o" US e'"
pared with the 2,sSs, 100000 bushels es-
tifnated early in August the July prom
iss for the corn icrop was 3,ie0, o0O. 900
bushels, and last August the promise
was s,lel, 000, zoo bushels with a Anal
crop Of s,l6s, 900, 900 bushels, AZ COM
pared with g,sse, oop, 900 bushels in 1918
>and an average crop of around 2,ss0,-
100000 busheIs. The intimations now
are that the next Government report ON
corn will be under s.sso, GOO. 600 bushels
the feeling prevails that the Government
has been ultra conservative In Its esti-
mate on wheat, which In the early part
OF this month was given at $4,000 1000
bushels, Tho yields in the spring wheat
belt are running better than expected
and some winter wheat areas are also
reporting larger returns than were
earlier estimated There are experts In
the trade who adhere 10 the opinion that
the wheat crop OF the United States this
year VIII Do finally placed at over s26..
100000 bushels compared with s0,ooo.-
Wv bushels IN lsiI and the record pro.
ducticn OF i,o2e,oo0;ooo bushels In 1915.
The Threading returns on oats are also
sussesuNe Oh larger crop than ofhcially
reported recently the last Government
report MADE the oats outlook l,42s.ooo.-
wv ousheis compared Win the enor-
NOUS record OF i,sSLooo,oo0 last year
and l.sss.oeo,ooo bushels in 1915. II
.ne mex Hovernment report shows
crop OF i,4oV,ooo,ooo onsheis the trade
WIN NOT DC SURPRISED. In the past two
Gays OF 20 there nave been frequent
IN ,s,h.r,ns 90 .a.,n oso WIN
.ne saenerlng OF spring wheat--out no
aiarm ls felt as yet because OF this wet
.-. ,.
= CHICAGO. Aug. 15.-Bulllsh crop ssu-
from the weaknes. which vas sho,sn :,
,h. .,srt Initts !, saSs,,aSs 80 -n
VIZ s' 1eeiinss were aserioeo
70 tavoraoie. waiter. Later. however.
authoritative injuries on the yield for
the seven surplus States put the total
at ,llo, 900, 900 busfeis 1iess than was
harvsstsd isst yeSr oraD,nn , ~s
wn,ch s.,aS ySe ppen,ns prices
vance with September si.eth to t1.eiN
and octobsr si.es To si,saE var III.
ior,sa ~ .i,SSt ss,s "a, iSi.
,o"ss py = s"sM setoaok ana then ny
An ADVANCE 10 prices to well above yes
teriay's finish. IN :, fs' - :.
Data parallefed the action NJ Arm
Tr.ds 80. q, 80, $50. M
Va .su.o VViuHe. AiueF
~ opene unenanseo 70 NC. mgr err,
VIVA SepeemneI tpc. 70 fohc., the mar!
ket reacted a little and then scored sub
stant,al rains = . -
Proyis;ons aareed owing n ,,,r -.
.,,s,n,, az. oN"s " ,ecs OF
suppo't weakness was emphasifed by
the fact that shipments or lard and
meats for the week werc much smalls =
man n war aon - -,
u ''"' "so'
:. ID j..
WHEAT-The receipts Of wheat at ,pri-
mary points laft week were again on an
e enShnio Seass, me tStsi ee.ng sosis.ooo
vious week and 4iss'ocS Sor In me so pre-
s,pcnan,s week year ago The stocks arr
markets and there il also a very ilbersi
movement TO the mills And EOuntfy ola