The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-10-17
TRADING IN CORN
MARKET IS QUIET
Fluctuations Are Narrow and
Prices Are Steady All
Through Session.

Business in the corn market was yes
terday quiet again. Fluctuations were
narrow and prices were steady through
out the session. The market stayed in
the nut In which It has been for the last
several days. Present Indications are
that It will take some important factor to
move It either way. It seems to be in
receiving most consideration. The trade
prefers apparently to rest until II has
more definite idea of what farmers will
do. Toward the close there was a slight
rally on short covering. Otherwise the
market was dull. There were yesterday
two conflicting market factors, the de-
cline In hogs and unsettled weather.
Hogs were of Is to 20 points. Weather
reports told of rain in the eastern part
OF the belt and clear atmosphere and
cold temperatures in the west The
present western weather is just what the
crop needs and husking is expected to
be more general within the next few
weeks
Industrial conditions still govern the
market somewhat The strikes have
more or less OF an effect on the trade.
There Is not apt to be any material de-
cline until hedging pressure increases
materially. Dispatches from the United
Kingdom say that current demands for
corn there continue of sufficient volume
to absorb all offerings, but inquiry APP
pears to be much less urgent. Liberal
amounts OF Plate corn are in passage TO
the United Kingdom and traders antici-
pate freer distribution soon. Offer
ings have dwindled appreciably of late
as the maximum price on Plate corn of
90 does not permit of working the
business profitably owing to the firm
freight market. The demand for feeding
grains from the Continent has been
rather small comparatively, and It be-
comes daily more evident that CONT
mental countries have not the animals to
ieed. so that their requirements for feed
ing grains of all sorts will he much less
than anticipated.
oats We're slow but steady, following
corn Receipts are running larger than
they were year ago despite the car
shortage in the West. But. any sus-
tanned advances will have to be based
on export buying of liberal dimensions.
some improvement in the demand for
oats In the United Kingdom has had a
tendency to firm the market. Native sorts
have been absorbed In fair quantity and
there appears to be less pressure of for
eign oats. American grades continue TO
De heId at prices above the market
while Plate oats are being offered in
moderate quantities. but prices for them
are somewhat higher. Provisions were
steady on the buying in lard and de-
spite the decline in hogs.
Local grain. &c, quotations of yester-
day follow:
| COhN-ln the local cash market No
| Z. yellow and No. white were quoted ri
'l.Ss& cost and freight New York.
! OATS-The local cash market was
| steady No. white quoted at s2hc: No.
white. s2gs2hc.; No. white, SihT
| oEc;, NO, white son q sic; fancy clipped
| all elevator. -e''
| RfE-Market easy. No. western, sI.s5
| free on board New York '''
| =, bAkLEh-Market steady. Feeding
| $40; mailing. $3.50 free on board New
York. ->e"
| BUCKwIIEAT-Mark ouiet Nan
crop 1850 per 100 pounds.
| HAY-Narket steady. No xI-oa
ia9; No. z. $1.55 ii l.65; No. D. sl254
l.35; shipping. sl.l5al.a5.
sTRAw-Market dull No. rye s1t n
| ton, 49, Va "a