The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-07-16
Grain.

,Chicago,December oats will sell a
VI. Everybody short oats and corn
clement, Curtis & Co. to McFall.
Chicago-Price Current says corr
crop encouraging. Oats generally b.
less than expected. Winter whea'
yields disappointing.
Chicago-Clement says: From all in.
dicatlons our crop reports show a heavy
decline in former estimates on wheat
n oats, In my belief not have ovel
$780, 900 900 wheat and LOO, 900, 600 oats
with crop going back daily. Believe
oats Will sell very much higher.
Chicago-Corn does not lake selling
very well; demand not good. Oats in.
fluenced by corn.-Babcock.
Chicago-These oats are a decidedly
tWo-sided proposition. Don't see how
prices can be sustained without frest
damage to crop in some direction. OLD
oats are in liberal supply and new croI
commencing to move.--Dennis to Clark
& Co.
Chicago-To have corn values hold
out at such a high level, with the cash
demand slow and receipts keeping VI
better than expected, also the crol
prospects as good as ever known, Is
surprising to the trade in general. Those
who are bullish on corn say the mar.
ket action does not suggest that it is
ready to break right for the bear, II
was noticed. however, that new buying
was lighter;-Tribune.
Morning weather: Meridian, cloudy
warm, hard rain last night; Tuscaloosa
Montgomery, Dothan, partly cloudy,
warm; Birmingham, clear, warm, hard
rain Yesterday afternoon; Greenwood
$; G., partly cloudy, warm, rained last
night; Columbus, Ga, clear, hot,--Clarl
q Co,
Gain Opinions-Clement, Curtis: The
market in coarse grains will remain
strong and buying at present levels
should yield a profit.--Clark & Co.
Chicago-The seller of oats presum.
ably faces a large steady foreign de
mRnd. As No. 2 white oats are soc,
the basis must equal the full English
importing maximum of 129A. Oats Wis.
ible is very large and the crop can be
guessed 1910. 900, 900 to 1850, 00D, 900
Germany is buying oats. Newspapers
have just discovered the grain belts
are raging with farm speculation
force recognition OF all labor unions
English coal, labor and foreign exchange
situation remain critical n is not bull.
ish on anything in L. S.-Wagner & Co
Memphis receipts; Corn 6, oats A and
hay IA cars,
Hog receipts; Chicago u, 900, Omaha
Is, 500, Kansas City II, 900, Sioux City
IL, 500, st. Joseph 5000, st, Louis II 500
ChicaRo-Receipts: wheat $3.50, 900,
corn 359, 900, BATS 664, 900. Shipments
Wheat $4,000. corn II, 1000, oats 34S, DOC
st. Louis-Receipts: Wheat 2O6, 900
corn $4,000, oats 40. 200. Shipments:
Wheat $4,000. corn IS, 900. oats $4,000
Chicago-Warm wave forecasted anl
this caused bulge in corn.
Chicago-Hogs zoe to 40c lower ant
duh at the decline.
Chicago-Primary movement wheat
Shipments, today, 1855, 600; last week
313, coo; last year, 1883, 600. Corn, Gl7,
900. vs.. AT, 000, VS.. l,l65, 00G. Oats, l..
031, 900, VS.. 746, 900, VS.. 1893, 900. Ship
ments, 3O9, 900, VS.. 105, 900, VS.. 70S, 00U
Corn, 306, 600, VS.. 320, 900. Oats. 625,
O00. VS.. S57, 900.
Chicago-The break failed to bring
out liquidation by scattered holders ant
some Of the pit element became over
sold. When they tried to cover they
found offerings light and corn and oats
more than recovered from the early de-
cline. Crop news on corn has beef
very bearish and the foreign financia
situation might. under normal condi.
tons, be regarded as sensational, but the
market became oversold rapidly and