New-York tribune., 1919-08-16
1924; March, 1928: May. 1e.21. Manches-
ter: Yarns dull and easier; cloth dull.
Cereals

Misunderstanding to "Modern Miller"
there has been further falling off In the
winter wheat crop during the week. while
spring wheat seeded in the winter wheat
belt has proved to be almost failure
and will not be attempted again in many
sections Tho quality OF wheat coming
than 1t was week ago
unfavorable reports were received as to
there was a further falling Off in Mon
tanh and heavy losses In western Canada.
Corn--The corn market started out
much 1t did on Thursday with a heavy
selling movement and decline OF TO
3a.c in prices. with the greatest loss In
September. which showed a drop OF about
Is cents per bushel from tho highest level
of the season. Aftcr reaching $3.50 for
that delivery. however. and s1.42A for
December, active covering orders reached
which was maintained for tho balance OF
the day, nnal prices showing l to L y C
net advance and being to bN cents up
from lowest OF the day.
q Country offerings continued so liberal
That there little encouragement for
outside support. however, especially as
hogs had another break OF 81 to $3.50 and
there was continued Improvement In tho
crop situation. Texas, with probable
yield Of 100 million bushels, against CO.
000, 900 last year and ten year average
of 1872 600. 900, has been offering corn
so freely that many believe it may un-
cover some reserves of Old corn hitherto
The result was a drop of to s cents In
cash corn, hut the market has become so
ovorsold as result of its recent big
break that 1t failed to check the rising
tendency after the first hour. In the past
week Argentina has shipped over $500. 900
bushels OF corn, including half million
supply has increased it is believed the
liberal outward movement Of grain from
that country Will continue.
A possible curtailment Of European
~ ~ Ter "A H.
huence in promoting economy in the use
of foodstuffs abroad and may bring about
supplies and requirements than was at
first expected Cash corn was firm here,
with No. ? yellow quoted at s2.l7 and No.
white 220 cost and freight to New
York.
Yesterdays Previous Year
cone New No YoTs yellow saiS sloas seis1 'lSss ago
fsa5sm5sF Sasa,nnSS 1s5H TAX. 1sa H.. 'lsln
Oats-syupathy with other markets
caused oats to drop about cent a bushel
after the opening, but as underlying con
ditions We're still more bullish than
otherwise the market was very quick to
respond to later buying efforts, and not
only recovered its loss. but closed IA
to hsc net higher Not only did country
remain small, but export de-
mand came into prominence again through
sales of oats over hight at the seaboard
and an inquiry for more For the week
interior receipts have fallen 100000
bushels behind the previous week. Cash
oats were firm, but nominally unchanged
as follows No. white. $50; No 3 white,
S7i2c no. white. SIC. all elevator.
Yesterdays Previous Year
New York: close. close. ago.
Oats, No. 8 white $0.S7H S0.87% S0.79%
Chicago
I~s'S%S"' DscsmDSr ... ... :3sn ~ 50. 'syH
Rye.--NIarket weak.
Yesterdays Previous Year
New York: close. close. ago.
Cash No. . West Sl.64 S1.63i. Sill
Flour and Meal.-Quotations were:
Yesterdays Previous Year
New York. close. close ago
MINI. patent -. SI2.55 $3.50 $il.30
Cornmeal, yellow AGO 400 400
Bran .......... $500 48.OO
Rye -four .8.OO@8.4O 8.OO@8.4O 941