New-York tribune., 1918-06-27
Cereals

w ucdL.-NeW crop wheat is arriving
in the Southwest in some volume,
Wichita, Kan, reporting eighteen cars
IN yesterday. The weather favors
rapid harvesting in all winter wheat
sections and "The Price Current" said
this was making rapid progress with
The condition we'll maintained, while
further rains in the Northwest have
made conditions there the best ever
seen at this time. Railroad reports
noted good conditions in Illinois, Iowa
and Missouri. The movement is still
a little under last week, but should
soon increase materially, while stocks
in the United States and Canada for
the week, according 10 Bradstreets,
decreased 1,2S7,000 bushels, compared
with a decrease last year Of 1929, 600
bushels.
Corn.-The confirmation in the week
ly government weather and crop bull
letin of frost damage privately re-
ported earlier in the week caused
yesterday and the market closed IL
to 1sc net higher, which was prac-
tlcally top for the day. According to
the government report high temp
eratures had damaged corn in the low
lands of the great plains states while
the crop had been injured by frost
from Michigan and from Northern In
diana eastward to New England. On
the other hand, "Thc Price Current"
said there had been no damage to the
corn belt from extreme temperatures
The trade was nervous over the frost
news, however, and bought freely
throughout the day. while offerings
were light and scattered. A some
what better Eastern demand for cash
corn was noted. the trade being willing
to pay fairly high prices for a good
grade of corn. Elevator interests
bought July and sold August. It was
reported that in mixing -four a pref
erence was shown for corn products,
chiefly the higher. grades. Railroad
reports noted favorable crop con-
ditions in Illinois, Iowa and Missouri.
Nebraska needs moisture badly in some
places, but corn seems to be doing
very we'll. In the way Of statistics
there was decrease of 668,0OO bush
els in Bradstreet's visible, compared
with 100000 bushels decrease last
year. and the movement of 2,514,0OO
bushels for the week was only a shade
under that of the previous week.
Yesterdays Previous Year
Corn, No. yellow s1.s1M s1s1s4 s1s4Ts sS@.
Chicago:
August Aug :: 1:ss7 7:ss. 1:t4 1t44 1853
Oats.-Following the lead of corn, the
oats market was higher, closing at IS
to CSC net advance. The weekly gov
ernment report was considered un-
favorable, especially as to Kansas and
Nebraska. The country is not Offering
new oats at present prices. although it
was said they might sell on the basis
Of August from time to time Under
the new freight rates, oats were
quoted 1c to l 1ac lower than on the old
basis. While there was not much ex-
port demand, the Northwest reported a
better cash inquiry The movement is
running ahead of last week, and Brad
streets visible decreased 1896, 900
bushels, against decrease last year
of $685. 900 bushels.
Yesterdays Previous Year
New York: close. close ago.
Oats. No. white. .ss .ss1a 1874
Chicago:
is's AUGUST :s7ss :s7A ~. -. s. ss's
Rye.-Market easy.
Yesterdays Previous Year
Cash, No. . West ..si.se $3.50 $a..a, a.t
Flour and Neutrality-suspicious. were:
Yes'day's Previous Year
Flour. Mimi .pa. pat si.oo si.oo 100; SEQ 2sS
ornneal. yellow. gran 5.t2Iz 5.12La 1870
Rye -four. choice. 1885 1875 1850
sKt1r dra>d