The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-09-10
ROUND The TICKER
Grain.

7
Chiesgo-ln president Wilson's speech
yesterday he said supply and demand
are the true price makers Supply "a
oats and corn are not large and prices
are not high compared with other conl.
modities,@O'Brien to McFall.
omaha-Hogs here slow Il weak
Sales range from 81 TO So lower than
yesterday.
LordoR-The Increased offerings o.
Plato oats are pressing this market aRC
prices are loo under American oats,
ChicagO-Locals in corn gave support
but very little demand beyond that
Commission houses sold on the open
ing.-BabcOck to Clark & Co.
Chicagn-Board Of trade membership
sold for $4,000, an advance ot $1,000
over the last sale, n the highest ever
sold for-Tribune.
ChicaEo--Iogan & Bryan saws: TIL
East after new corn. we are told that
loo, 900 bushels already sold for Decem-
Der and January shipment,
Chicago-The weekly United States
crop summary says; Corn ripened rap
idly and the bulk Of the crop in Illinois
will be safe from frost by Sept. l6 to
20 and 70 per cent Of the crop in low
by Sept. 20. Corn made little or no
progress in portions OF Kentucky, Mis-
souri, and most OF Kansas. Condition is
very good in Missouri and most Of the
upper Ohio valley, Northern Illinois and
Iowa.
Chicago-Jackson Bros. and VanNess
buying May oats and selling December
at 2hc Observation-Disclosures & Co.
Chicago-John Ingis, Logan & Bryan
says: The final report of the govern
ment In corn will be issued In Deem
Der and VIII probably show a loss in
acreage of 10000 600, reducing the pres
ent estimate 100, 000, 900 bushels. lmpor-
tant areas of bottom land were washed
out IN June and not Observation-Disclosures
to Shepard a Gluck,
Chicago-The hos, market is a sym,-
pathetic Influence in corn values at the
moment. Packing hogs sold yesterday
from Slb,2b to $l7, The average market
was around SIS. Sixteen thousand odd
were carried over unsold. Packers are
reluctant buyers and shipping demand
is by no means urgent, Further de-
cline In hog values expected. While vie
believe the trend Of corn Is to be down
ward, we expect an appearance OF stead
mess around this level until the offer
ings Of new corn are larger than at
present. There is no evidence of eX-
pert business, according to seaboard al
vices, and there is very little general
interest in the market.-Thomson &
Mckinnon to Clark 4 Co.
Forecast of Gran Belt-Illinois: Show
ers In north n central portions. Fair
In south. Thursday, generally fair and
cooler In south portion, Missouri, Min
nesta, North Dakota, South Dakota, Ne
night and Thursday. Wisconsin: I'd
settled tonight; showers In east and
south portions. Thursday, generally fair
and not much change in temperatures
Iowa: Cloudy and cooler tonight; show
ers IN east portion, Thursday, general,
ly fair. Kansas: Generally fair and
!, cooler tonight and Thursday.
Chicago-A point in the grain situa-
tion called attention to by Thomson &
Mckinnon was that so NAM statements
have been issued of late regarding the
4 enormous losses in grains, while as u
y matter of fact the present crops OF the
five leading. grains are l66. 000, 900 bush.
. almost complete destruction of foreign
: exchange and buying power, also the
) level OF prices compared with peace
times, they say, seems to warrant moth
ing but n declining tendency. Thos.
> friendly to the buying side, of oats ex'
pect that when the returns are made
on threshings the crop will be lower
than the l,225, 900. 900 bushels shown by
the government report Monday. Thii
; is based on the light weight, The con
!. dltion OF TAI was ST. points below thu
= i0-year average I'M suggests 2S.9 bush.
| Cln pei sdAIN' LuS9 rpNliSNN tiah OhN'
-. yielded viii get down several bushels
, below present estimated In the final re
: turns.-Tribune. .
, Memphis receipts: Corn 6. oats, 10 ant
hay IA cars. @
: Hog receipts: Chicago, $4,000; Omaha
5000; Kansas City, 10000; Sioux CITY
$500; st. Joseph, 5000; st. Louis, IL,
: 900.
. Chicago.-Receipts: Wheat, 1,2lS,00
corn, $40, 900; oats, $4,000. shipments
Wheat, $1,000; corn, $4,000; oats, ga
900, e..
1 st. ouis.-Receipts: Wheat. 1918, 900
q corn, 1000; oats, "a, 900. Shipments
Wheat, 227, 900; corn, 1900; oats, 6 5000
Chicago-Special' reports to the Pric,
Current grain dated Sept, 3 to 6 ma,
S be summarized as follows: Soil condi
!, ton reported quite largely too dry II
all OF the surplus states and In Ne
T braska, Kansas and Oklahoma almos
G entirely too dry and general rains woul
d be beneficial throughout the entire sur
h; plus grain territory. The prevailin
' temperatures during the past two week
have been almost entirely favorable 10
!: the growth and maturing OF corr. cror
0 As compared TO a normal condition o
: corn by states Is as follows: Ohio, 95
s Indiana, SO; Illinois, 70; Missouri, 75
Iowa, IS; Nebraska. IS; Kansas, 80. Gro
IL showing Improvement in states o
Ohio and Indiana, depreciating In II
linois, Missouri, Nebraska n Kansa
with Iowa holding it's own.
= ~Chicago--The drop in the price of hog
4 in the Yards, equaiing that of the pre-
u vious day with a large c~arry,over 2
stale animals, had its effect finally |
the last hour. prices giving way a
average of two cents, Both corn an
oats closed well below the previous ses
D sion, The hog market Is the index 7
/, the coarse grains, and with every ind
cation Of descent Of corn and foods tn
grain market will have stronger sellin
on all efforts to bid priees.-Goodman I
McFall.
Chicago-Kansas is afraid Of a bi
cut in her wheat acreage. Have ha
p. no good rains since June is. Wichit
IS says If no general rains inside of a fe
weeks the acreage will drop so per cen
y Ground too hard, Oats bulls count o
big sales when export Atlantic rate
IS drop.-Wild to to Shepard d Gluck.
M0MTv