The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-07-07
Grain,

| Chicago-July corn firm on smaller
receipts, IT'S cars at Chicago. Oat visit
BILE looks small at 100000. New oatt
usually enlarge the primary receipts In
August
Chicago -Some covering by shorts in
corn and oats. No new rust news yet
| at Minneapolis, Northwest weather un
| favorable to rust.--Wild to s. & g.
| Chicago.-The Price Current says
| winter wheat crop is made, corn doing
| well. Spring wheat Is in some danger
from rest oats practically safe.
New York.-Russell News wires re-
ports from Buenos Aires state that the
quantity of wheat available for export
will be exhausted this week and that
| the Argentina government VIII prohibit
the expectation OF wheat and sugar be-
| fore the week Is over.
Chicago. Lot Of talk here that farm
ers will not sell much corn basis pres
ent prices.
Chicago.-John Inglis predicts oat
crop of near 1,40O, 900 900, If Northern
| crop comes out an average.-Wild.
Chicago.-You might say the buying
| incentives in corn are largely based on
what may happen. Receipts may les
sen and weather may become less "a
vorable. Argentine may quit undersell /
ing us, but everything that really is
happening is bearish. Until these con-
ditions change it will be well to watch
for selling places on bulges.-T. IL M
Chicago.-The government report on
grain crops which is to be released next
Friday at 1915, Washington time, Will
be released at the same time in Chi
cago.
Chicago.-New York wires export
sales yesterday 100000 wheat and $780,
900 rye England bought wheat, Dutch
rye. Some wheat demand today at bet
ter prices. Last September $2'S9.
Chicago.-John 1nglis report: Corn is
well advanced in Oklahoma and south
ern Kansas. On line south OF the
sci North Kansas, Nebraska. Missouri
and Central states are about two weeks
late II ranges from six inches 10
waist high in all states. Has made
wonderful growth the past 10 days. Has
made good start, considering me iais-
clean and ample moisture Tor the pres
ent.
Chicaso-Elevator man selling July
corn against cash bought today. The
demand only by locals who are hedg-
ing against purchases.-C. {. d GO. 10
McFall.
Grain belt forecast: Generally fair
tonight and Thursday, warmer.
Chicago-The estimated oats yield OF
400. 900 by local expert has not been
a factor marketwise. While it is pref
ty generally believed, under favorable
conditions, the yield will be little in
excess of last year, we can see nothing
bearish in such a result. The Septem-
Der discount under spot is unwarranted.
with a big wheat crop to move and
Transportation uncertain We do not be-
lieve new oats will come forward in
quantity IT G. NJ. to Clark & Co.
Chlcago--Message from Omaha SAYS
cash houses here report consignment
notices on corn and oats very light and
look for them to drop to Veritably moth
ing.
Primary movement; Receipts: Wheat
1888, 900 VS.. $4,000, corn l,064,00O VS..
477,O0O, oats $4,000 VS. $4,000. Ship
ments: Wheat 43S, 900 VS. 1861 00 corn
4S4 900 VS.. 32O 900, oats $4,000 VS.. 512,
600.
Clearances: Wheat 50 900 VS. 1853 900,
corn none; oats none vs.. $4,000, flour
5000 VS.. 1000, w. and f, 10000 VS..
III 900.
Chicago--Shorts well covered and late
corn selling found the market with weak
support. oklahoma corn crop good.
Eastern news shows Argentina filling
New York demand.-Wild to Shepard &
Gluck.
New York wires: Round lots Of Ar.
eentlne corn offered S140 CIF New
York in bags; no demand; trade filled
and Corn Products have four months
supply bought.
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