New-York tribune., 1919-04-05
, u S t e n a IN c G
Cereals

Wheat.--Removal of the minimum
export price on wheat from hrcontioa
10 being sought by exporters FOLLOWING,
the news which was announced GA
Thursday that this action had been
taken on corn. The export demand for
wheat from Argentina has become ac-
tive and clearances are larger
Conditions in Buenos Ayres are re-
ported to be greatly improved. shin
ping IS being handled there more ran.
IDLY, and while the situation is not vet
normal, 1t Is reported that ali Of The
element Of friction brought about bv
the recent harbor strike nave been re-
moved. bill has been prepared for
the Argentina congress which would
provide for the naturalization Of the
port.
The visible supply of wheat in Ar
gentlna is given as 2,035,000 bushels.
Wheat, including flour exports from
the United States in the week ending
April 3, according to Bradstreet's. to-
tailed 7,306,222 bushels. This compares
with 5,894,334 bushels last week and
2,664,7O3 bushels in the corresponding
week year ago.
According to the "Modern Miller"
there are scattered reports Of deteliora-
ton in several Of the winter wheat
states, but the plant generallg is In
most promising condition, With less
winter kill in the Southwest than ever
before. The condition is placed at %
to 95 in the various states. Seeding o.
spring wheat in the winter belt is
active and the acreage will be large.
Corn.-The market opened lower,
prices falling l to cents a bushei
Houses doing q commission business
sold for their clients. After selling
considerably below the final figures III
Thursday that market rallied ia the
afternoon and some new nigh records
for the season were established The
market did not close with prices at
the best point Of the day.
Increased offerings from the country
were given as one Of the reasons for
the lower start, as well as lower prices
for hogs. It was also reported that
Argentina corn was being offered ,froe-
ly, the export minimum price having
been removed from corn in Argentina
on Thursday.
The business was smaller than has
been the case in some DAYS The
weather map showed clear conditions.
Shipments of corn from Argentina
for the week were given as $4,000
bushels, while the clearances we're
100000 bushels. Prices remain heavy
in that market. although it Is said
that the farmers there are willing to
sell at the present prices
Yesterdays Previous Year
Corn, No. z y yellow si.s294 $751; ago
Chicago:
May ............ 1577s 1853 s1.2sss
July ....-..-.... l-f4fs 1.45as
Sept .-.-......... 1.44J2 1882
Oats.-Tncreased offerings Of oats
are being made By the farmers. but
the majority of this is in small lots.
There is no export business in evi~
dsnce. The advices being received on
seeding are favorable. There was gen
eral selling by commission houses at
the start. There was buying by houses
with connections in the Southwest.
The volume of business was not large.
Yesterdays Previous Year
Oats. No whites 77lz@7s $ n si.cs S''
Chicago:
May ............ .e22s .ee9s .s5N
July -........... .ee5s -esl4 -
Sept ............ .6sls .62s -
Rye.-Market higher
Yesterdays Previous. Year
Cash. No West $is7 si.s5 a2.si
Flour and Meal-Quotations were,
Yesterdays Previous Year
-, New York, close. close. aga
SS'i sp pat. ''s ''ssit.7sGt2.oo s1t.so st,.oo
Rye flour, eh; s.oo&to.o0 e.os@s.5o 14.5o
sacks $500 $500