The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-01
CORN CROP 64.S OF
NORMAL CONDITION
Deterioration in Quantity VIII
Be Partly Offset by Much
Better Quality.
Is OPINION OF AN EXPERT
Oats and Barley Outturn
Greater in Amount Than
Was Anticipated.

Was Anticipated.
The report issued yesterday by q west
ern crop expert making q condition OF
SIS for the corn crop and q present
promise OF 2.865, 100000 bushels. COM
pared with the Government figures of
2,sss, 100000 last month, put in con-
crete form the general ideas az to the
corn crop position. The trade has ex-
pected that the Government report for
September would show a loss Of 200,-
100000 to 800, 10000 bushels.
The extreme heat which damgaged the
crop came at the time Of deficient moist
ure. The period from about mid-July
to about mid-August Is the critical
period In the growth OF corn and in
vestigation has shown that the actual
corn results bear a direct ratio to the
yainfall during that period. BY the time
the period Is over the crop Is too far
advanced to be materially affected, in a
broad sense. and before that period the
growth Is more or less Of an undecided
character, the crop putting on the char
acteristics during fhe period mentioned
which make for q large or q small out
turn.
A crop of 2.7oo, ooo.o 900 bushels in
round numbers should give, roughly,
about 2,240. 900, 900 bushels Of merchant
able corn, on the basis of actual results,
compared with 1900. 000, 900 bushels last
year. While the actual bushels appear
to he f50.000.0 900 less than last year, the
increase of 35O.00o.000 bushels in the
amount Of f,,archa M a b1a rorp 10 n Yn0at
important factor.
Threshing results show that the oats
crop is turning out much better than
expected, the same western authority
placing the outturn at three bushels an
acre better than indicated, which. on the
Government area. would be 1872, 900, 900
bushels more than last month. The
barley crop is turning out better than
expected and the actual results. both in
spring and winter wheat. tend strongly
to the belief that the actual crop will
be at least 900, 100000 bushels. A crop
Of 100000, 900 bushels In the United
States, plus l5O, 900. 900 bushels, in Can
ada. would give a total wheat crop for
North America OF 1850, 100000 bushels
against $50. 100000. the total last year.
CHICAGO, Aug. 31-A bullish crop re-
port by the expert of a big brokerage
house injected a bit of variety to the
days news as affecting the corn market
to-day, and while 1t boosted the price for
a brief period It was inadequate to stem
the tide of bearishness, and the bulk Of
the moderate business was done at prices
under yesterdays close. Tho net loss
for the day was Nc, with October clos
ing at Sissy. The private report made
the crop conditions SAB, as compared
with 70 a month ago. This would in
dictate months shrinkage Of 100000
600 bushels. Much of the trading was to
even UP accounts over the double holiday
Sunday and Labor Day.
Oats were Arm early with corn, but
declined later on a private estimate that
the crop at present indicates $4,000. 900
August calculations No. 3 white oats
sold at IA c. and standard at / NC. under
October.
Provisions were dull and worked a
a little lower despite higher hogs. Pork
closed Is d 27Ac. under yesterday; lard,
2h 97kc. down, and ribs &C, lower. =
wHEAT-Threshing returns from both
the winter and spring wheat belts in the
West continue to show larger yields than
were indicated by the last Government
report. 1t seems more than, probable that
tho nnal estimate will indicate a consider
able increase, and In fact n report yester-
day by leading crop authority placed
the present indicated crop at Se7 600, 600
bushels, or an Increase of about 10000, 900
from the August estimate by the Agricul-
tural Department. The recent rains have
been highly favorable for the next crop. as
they have placed the soil In exceptionally
fine condition for pIoughing. and this work
10 making unusually rapid progress.
CORN-Local cash market prices were
nominal owing to the holiday on the local
exchange. but. based on the West. fresh
sheiled No. yellow was quoted at fl.s7k
and No. Q yellow {l.7sA cost and freight
New York.
OATs-r-LocaI cash market was nomlnally
unchanged: standard quoted at sou oslo. :
No. white, slGs1hc.; No. 8 white, SO @
sohc.; No, white. 7sh q SOC; fancy
clipped white. sac s3c.: ordinary clipped
white, So4S2c, all elevator.
RYE-Market for contract rye in West
&c. lower. while local market was dull and
unchanged; No. Q Western. $l.72. cost and
freight New York.
BARLEY-Feeding, $1.l0QllS; mailing.
sl168l.20, cost and freight New York.
HAY-No. l. tLso91s5; No. 2. 1880
LBS; No. 8, 9135Gl.40
CHICAGO PRICES