The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-03-05
STRIKE IN HARBOR
RESTRICTS EXPORTS
Results in Embargo on Grain
Shipments Not Consigned
to Private Interests.
CAR BLOCKADE ABOUT NY.
Report 25,000,000 Pounds Of
Hog Products Held Up by
Vessel Shortage.

The strike in New York Harbor has
resulted in an embargo against grain
shipments. except Of consignments to
teams and private tracks. II IL ex-
pected that there will be complete ces-
sation of export shipments until the
strike 10 adjusted. The New York Gen.
trail will not accept freight for any
section around New York city on ac-
count of the strike. A report from Chi
cago stated that 500 cars Of hog prod
ucts-about $4,000 900 pounds - were
blockaded in and around this city be-
cause vessels to handle them had been
diverted This was construed as a very
bearish feature, a. II meant pause In
shipments from Western points via New
York until the situation should he
cleared UP. As shipments Of hog prod
ucts via New York constitute the bulk
OF the movement II can be seen easily
how the big tieup 10 affecting provision
shipments.
In regard 70 exports Of grain prod
ucts statement in a leading English
grain paper recently said that stocks of
grain and grain products were large and
that 1t was diff1cult to see how imports
could be increased right of under pres
ent conditions Of large stocks available
This, II was feared. might result In
lowering Of the import movement until
supplies had decreased to more mana &C.
ab!e proportions The cable report that
there would be q reduction In the price Of
corn in England very shortly Of about
80 cents bushel In thought may be
due to desire to work of the foodstuff
supply to q considerable extent. The
arbitrary Government price has been
Just little under the price Of whep'
for good while and based more on
scarcity than on desire to increase dis
trfbution.
Between the position OF large stocks
In English ports and the strike in New
York there was considerable discussion
recently as to what extent these con-
ditions would restrict the total export
movement of grain and meat products
the point being made that that question
would depend on the duration of tn.
strike and whether II would reach the
point where vessels would be diverted
to other points and the flow Of export
products had to be diverted or stopped
Corn Market Il Strengthened,
CHICAGO, March with visible SUD.
ply reduced to nearly without parallel
at this time Of the year and rough
weather threatening further cut in re-
ceipts. the corn market to-day gave
evidence Of decided strength. The close
| was unsettled, but to Sc. net higher.
with May 1.S9 to 1.2sh and July l.24%
to las. Oats gained u to xc. In pro-
| visions the outcome was unchanged to
&c. down.
CORN-very active covering took place
In the market and at one time values were
up TO NC from the previous close N X .
ing net gain from the low point of the re-
cent downward movement which cuImi-
busheL Buying seemed to be based largely
on more general recognition of the
strength in the statistical position. Their.
was partial reaction from th- top, but
the market closed with net gains OF 2 70
sHc. In the local cash market No. ? yei.
c. T. New York.
OATs-The market for oats was nrmer
on covering. Western cash markets ware
| somewhat firmer with evidences of q mod
crate improvement In demand. Receipts
| ut primary points shovel a falling on of
| about 10000 bushels from last week :
showing; Tho local market was hrmer;
| ss4c.; No. 3 white 6s to eshc: No I
white. 81 to 67Hc.: fancy clipped white,
ssH to zoe; ordinary clipped white. ss TO
RYE Market steady: No. Western,
l.57 c. (. New York
BARLEY-Market quiet Feeding. % 70
s5e mailing; sI:o4 TO tl.o5 c. {. New York.
BUCkwHEAT - Market qulet Sound
milling, s24o c. T. New York
| HAY-Market steady. No. /, $50 TO
| s1.60; No. 2, &l.35 to 3i45: No. ., $40 to
sTRAw-Market steady. No. rye,
$l3 TO sl+ n ton.
| CHICAGO pprCps