The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-08
BREWERY CLOSING
WILL GRAIN
$4,000. 900 Bushels OF Barley
to Be Diverted to Food
and Feed Uses.
PRICES LIKELY TO DROP
Feed Quality Now Selling at
Less Than Corn and on
Par With Oats.
PRICES LIKELY TO DROP

Tho announcement from. Washington
that all breweres must close DeceInoer
1 has a direct bearing on the price Oh
barley, and through the price OF barley
a direct bearing on the price OF an 'eea
gra4n The amount of barley which mas
been used for brewing and distilling mas
varied for some years from 55.OOO.Ooo 10
65 900. 900 bushels. on account OF inc
elimination Of distiliing and the reuuc
ton of brewing SO far the amount OF
barley used for these purposes during
the past year has probably been ABOUT
so per cent. of the pre-war avera ge' Ine
notification on July 3 that the brewers
would have their coal supply reduced ~
per cent. and as soon as materials on
hand were exhausted there might he sun
further reduction served as NOTICE on
the brewers that there was possibility OF
a complete closing. The amount OF ma
terials used UP to December l may
amount to 10000, 900 or 100000 push
els OF barley. probably nearer the
smaller than the larger figure. The saw
ing in the course of the year will proba-
hly be in the ,neighborhood OF 90, OOo,oOo
bushels, compared with the pre-war av-
erage, and possibly 20.000000 bushels
compared with the past year
The price of barley is very low, quo
tations being around csc. to s1.Os
bashel-4s pounds--for mailing barley
recently. Feed barley is selling fer even
lower money. These prices bring barley,
pound for pound. to about the same level
| as oats. while the price Is considerably
less than the price OF corn, pound for
pound. Reports from the interior have
indicated that feeders have recently
been buying barley to n considerable ex-
| tent, owing to the high price of corn, and
| substituting barley in the feeding.
The saving in the feedstufs supply is
| not regarded as so important as the
| saving in the coal, transportation and
| man power questions While the saving
of 100000 bushels compared With the
pre-war average Is an important factor
in itself, still it is comparatively unim-
portant as compared with the immense
| losses in corn on account Of the extreme
| temperatures during the last month. Tho
| favorable weather however. which las
prevailed, developing the fall pasture
| and forage crops. with the action re-
sarding barley, may have direct bear
Ing not only on the feedstuff situation.
but on the substitute programme.
| CHICAGO. Sept. 7.-Prohibition of the
manufacture OF beer beginning Decrm-
| Der | had depressing influence to-day
ON the corn market. Largely as a rev
suit prices closed unsettled. isc. to lt>c.
net lower, with October sl.57ts to
Sl57l, and November $1.56ts TO
/
and provisions varied from lOc. decline
TO Csc. advance.
Oats were governed almost entirely
by corn
Covering of shorts rallied pork from
n severe decline caused by lack of sup
port. Higher quotations on hogs helped
to strengthen lard and ribs
WHEAT-Food Administration is exert
| ing every effort to speed up the export
| a notice that in the future the grain cor
| p"ratioN VIII not make purchases on tho
| Tree on board basis hut Will take ware
house receipts on grain in elevator This
was duo to serious delays of late in loading
grain on steamers by numerous sellers.
shipments Of grain given preference
over exports OF flour. although the Food
Administration Is making weekly pur-
| chases OF Hour and receives bids up unt,l
| noon each Tuesday.
COMM local cash market fresh
shcled No. yellow was quoted At si.sl7s
No yellow at Sl.S75s cost and freight
| New York.
OATS Cash demand inactive nni
prices In local market were unchanged,
standard quoted at slirc.; No. . white,
sliac'; No. white. slc.A No. white.
| s0bc.; fancy clipped white nomina,
ordinary clipped white, SlIs2c., ali ole
vator.
RYE-western contract market easy.
with prices &c. to fc. lower. but cash rye
| In New York was frmer, with No. West.
ern quoted at $l.75, cost and freight New
York.
BARLEY - Market steady. Feeding,
sl.l6; mailing. 3l.22. cost and freight New
| York
10; No. 2. ,i.5oaiso; No, D. $40.
| CHICACn ppIrEc