The sun., 1918-11-16
y. S. BUYING FLOUR
TO FEED EUROPE
Grain Corporation Purchases
100000 Barrels-TO
Take More.
WHEAT SUPPLIES HEAVY
Winter Acreage Estimated
Largest in Country's
History.
WHEAT SUPPLIES HEAVY

Reports on the Produce Exchange yes
terday were that the Grain Corporation
mad recently bought / 500 600 barrels OF
nour and would be in the market again
to-day. making two buying days n week,
In order to get -four enough to meet the
sudden demands thrown upon America
10 feed the distressed people abro "a
This buying Is in addition to the regular
export programme. 1t Is stated. and with
the change In the substitute programme
will mean that the -four mills will be
able to make a great deal more flour. al
though the purchase of 1,500, 900. or even
100000 barrels, is not a serious factor
IL means, however, a larger feed supply
which Is what Is needed I'm this country.
and the larger feed supply will have
direct bearing on the milk and dairy sit
Lat!on.
Tie export programme on flour was
expected TO be nearly as large as last
year. with the recent changes, on flour
plus the emergency buying Of the last
rev days The purchases have had n
direct bearing on the local -four situa-
ton. clearing up a good deal OF flour
pressing on the market. and with the
need for buying substitutes over there
should be direct increase In the amount
Of -four used throughout the country.
Supplies of wheat are so heavy, how
ever. that the increased milling is an in
significant factor. and the situation is
one in which the supplies are to be con-
sldered almost in scores of millions OF
bushels rather than In ordinary lots.
The supplies for this crop are so large
that the report OF the Modern Miller on
the prospects for the new crop shows
that the problems in handling supplies
may be more difficult next year than
they are this. The latest reports as to
The acreage for new wheat indicate a
minimum of 10, 0Oo. 900 up TO nearly50 0OO,-
600 acres, according to some estimates and
In some sections of the wheat producing
States where corn has been a rather
disappointing crop this year great
deal OF corn land Is reported to be seeded
to winter wheat so that already predic-
lions are being made that the corn acre
age next spring will be cut down several
million acres.
CHICAGO, Nov. 15.-Attention to the
urgent need OF relieving the food short
age in Europe had decided bullish eff
feet to-day on corn. The market closed
strong. to 4c. net higher. with Deem
Der s1.21E to sl.22b and January
s1.22k to sl.23h. Oats finished " to
1hc. up and provisions ranged from
l5c. on to IL advance.
CORN-The market developed strength
toward the close and final quotations were
$40: to &c. net higher. In the local cash
nno,ss Prize were hTw H:lo NO. yet9w
| cost and freight New York.
OATS-The oats market showed a firm
undertone, but buyers were not very ag-
gressive until near the close. In the local
| cash market prices were hrmer; standard
quoted at S0ia oslo: No. 2 white. 81 "
7sq Soc: ordinary clipped white. sou q
size, all elevator
RYE-Narket hrm; No. . Western, s.75.
cost and freight New York.
BARLEY-Market hrmer: feeding, Gil,
and milling, si.l7. cost and freight New
York.
HAY-Market steady; No. 1. sl.7oal.7S:
No. .. sl.554 LOO; No. ., si.45ni.65.
BVCkWHEAT - Market easy: sound
milling, sass asked. cost and freight New