The sun., 1918-09-17
Large Shipments to Allies Are
Expected to Start in
October.
STOCK ABROAD is Low
Record Increase Of II, 100000
Bushels in Visible Supply Of
Wheat Last Week.

Advices from we'll informed quarters
indicate oats soon will be greatly needed
In allied countries. There is no scarcity
here. but the attention Of the grain trade
has been riveted on the movement OF
wheat from farms to elevators. and also
toward the shipping Of this grain abroad
to the exclusion Of the movement of oats.
Early In the spring and through the
summer, when wheat stocks were at the
famine ebb here, tonnage arrived, and In
order to utilize the space on steamships
oats were shipped abroad. In addition
there were the native crops OF oats In
France. England and Italy, all Of which
constituted a substantial reserve. There
Is apparently an enormous consumption.
however. and the surpluses have been
drawn down sharply, 30 that big ship
ments from this side are expected 20
commence in October. 1t Is extremely
difficult TO obtain the extent of probab Bile
purchases of oats for export, due to the
pooling of Government needs and the
filling Of these requirements by one
buyer representing the allied countries,
but an estimate has been ventured that
more than 100000 bushels of oats will
have to be purchased soon. The actual
exports of oats since July approximate
only 100000 bushels, as compared
with 100000 bushels for the same
time last year.
The enormous farm movement Of
wheat Is undated and about 100000
bushels were received at principal in
terror points yesterday, against 1.500.-
900 for the same day last year. 1t Is
noteworthy that there was an increase
Of about l1,500.oo0 bushels in the visible
supply in the United States the past
week, which was a record increase for
tnfa ,ioih
OF wheat in the country now exceeds
$1,000. 900 bushels, and 1t Is confidently
predicted that the stocks will be built
up rapidly toward the 100, 900. 900 mark.
The greatest visible supply ever reported
in the country was 100000.
CHICAGO, Sept 16.-Scantiness of Of
ferings rallied the corn market to-day
from a decline brought about chiefly by
a railroad embargo on grain shipments
to Kansas City. st. Louis and Omaha.
net higher. with October s1.53A to
1881 and November $14sS to
$1.49%. Oats gained &c. to &c. Pro-
visions finished 2hc. to 81 down.
General selling which characterized
the corn market during the first half of
the session appeared to have little or no
relation to the Austrian peace proposal,
but to be due almost entirely to the in
creasing traffic difficulties on railroads
The embargo was expected to increase the
crop movement to Chicago, as this city
was the only remaining big centre which
had not been affected by congestion OF
grain shipments. Later. however, after II
was announced that permits to forward
shipments again to Kansas City, St
Louis and Omaha would be issued
within the next few days. selling here
declined and prices took a decided up
ward slant. especially for the current
month and October.
Evidence of Government buying gave
strength to the oats market. A big
Increase Of the visible supply total had
no effect
Liquidation and lack Of support weak
ened provisions despite new high rec
ord price on hogs
in the United States made record gain
previous week being ii''s..coo 0f Sushs shs
bushels " compar sr With nov S7so s''S sss
year. The Food Administration. which
recently stopped buying export wheat on
ruling and will now mako purchases under
certain conditions.
C GoE ssS.,1.s corn m.rke. was nervous
the old crop months were lQlAc net
higher, while November was Nc. lower.
In the local cash market No. 2 yellow
3,7s% cost and freight New York.
OATs-The local cash market was Arm:
standard quoted at s2c.; No. white.
Sic; ordinary clipped white. s2h ds3sI,
all elevator.
RYE-Market steady: No Western,
N.72 cost and freight New York
BARLEY-Market easy; feeding, 500:
mailing. Sl.l29l.l5 cost and freight New
York
HAY-Market Arm: No. /. sl7o9l.75;
No. 2, Sle0ql.65 No. 8. Sl.t5Ql.50
CHICAGO ppJCrS