The sun., 1918-07-27
ALLIES GETTING Big
SUPPLY OF CEREALS
Exports Of Flour Gain Greatly,
Showing Better Condition
Of Tonnage.

Argentine wheat exports the last week
were 7.56s,0o0 bushels, against 5,432.-
900 bushels the preceding week, and
the exports since January have been
T5.5l2.00o bushels. against 29,39200O
last year and 5S,672,O0o two years ago
In addition to tho enormous wheat ex-
ports the last week. exports OF corn
from Argentina were $4,000 bushels
| fax $4,000 bushels, and oats 1927 600
! or a total shipment OF e,S35,000 bushels
The enormous shipments from Argentina
indicate the improved conditions as TO
tonnage and the effort which has been
mi.de to move the Argentine surplus
before the new American and Canadian
surplus arrived at the seaboard, ready
for export. In addition to the heavy
| exports from Argoi tina, the Australian
| exports have been running In the
neighborhood OF 10000 bushels n week.
| and the exports from India have been
running about 100000 bushels week.
North American exports Of wheat
have been small but large Of -four and
there is a possibility that the July
the old crop wheat, will amount to
100000 barrels. or approximately
| 100000 bushels OF wheat for the
| month II IL believed, however. that
the exports OF -four will very materially
fall or. while the exports OF wheat will
| increase
| The supplies Of -four and other cereals
| on the other side are reported very
| LIBERAL both In English and French
ports, and there is fair supply in
Italy. The italian crop is being har-
vested. also the French. The fact that
| the worlds exports for this week will
amount in the neighborhood OF II 900. 900
bushels of wheat and -four mainly
| wheat, shows how literally supplies are
being forwarded, and this, together with
the new crops on the other side, will
make a vast difference in the urgent re-
quirements which North America must
meet at the beginning of the season,
| compared with the urgent conditions a
the submarine losses made conditions
critical. while at present the submarine
losses are the smallest for over a year
and a half, the exports big and the
stocks on the other side heavy.
, CHICAGO. July 26-Fear Of crop dam
age from hot winds In the Southwes;
gave the corn market pronounced up
ward swing to-day after breaks due TO
fresh gains for the Entente Allies In
France. The close was unsettled, X
to ~ cents net higher. with August
| 1.52A to 1853. and September 1884,
| to 1854. Oats finished X cent to IA
cent up, and provisions down to 10
cents,
Notwithstanding that two days ago
frost danger was bogy. the corn mar
| ket to-day found high temperatures a
powerful source Of disturbance to val.
| ues. At first. however, continued de-
feats of the Germans. especially the
! capture Of Oulchy. led to general sell
ing and to resulting downturns in prices.
| Slightly enlarged rural offerings to.
| gether with bearish views regarding
crop conditions tended also to bring
about weakness. Then came talk OF
hot winds, and there was a complete
reversal Of sentiment. Throughout the
rast Of the day absence. Of selling pres
was persistent, although chiefly in small
| lots.
Seaboard inquiry helped to lift the
| oats market The chief element OF
strength, though. was sympathy with
| corn.
Sharp declines in the price Of hogs
| carried down provisions. Lquidating
sales developed and about the only
support was Of local character.
| CORN-The corn market showed Arm
| ness throughout the greater part OF the
day and ANAL quotations were ~ 10 Ihc
| net higher. The advance was due largely
| to covering on the part Of those who had
| become overenthusiastic on Thursdays
market fresh shelled No. yellow wa,
quoted at sl.ss%. No. yellow at sls3%
cost and freight New York.
| OATs-Local cash market was dull and
unsettled standard quoted at s6hc. No
white. So to s5ro.: No. white slh "a
S5c,; No. white~ sax TO sac: fancy
| clipped white. SO to ssc.; ordinary clipped
white, SiIs TO sec, all elevator.
| RYE-Market easy: No. 2 Western. H.7t
| cost and freight New York.
BARLEY-Market quiet; feeding. sl251
$50, and mailing. sl.sS8l.4o cost and
| freight New York.
HAY-Market Arm: No. I, $3.50; No. 2
| $40: No. 8, sl.20Hlso
Wheat. including -four exports for tn,
| week according TO Brddstreet's aggregat,
l,s42,s6s bushelA against 1,1sl,7H tn,
previous week end l,s7s,+75 last year
| since July l. 7,cle.7to, against ls.9s372:
last season. Corn, exports for the week
| 43o, 900. against bss.s03 tho previous week
and s37ls6 last year: since July /. 1850.
| sIs. against 2,67s,0e3 last season.
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