The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-08-18
Grain.

Chicago. Dieter from large Eastern
elevator concern says that judging from
the number OF cml ~ cars moving west
there will soon be n large increase IN
the movement Ct gram M !"
Clark y Co
Locals were the principal buyers Of
com trying to peat yesterdays action.
There was tdiI trade AT the opening
hut at $l.25 for December. The Septem-
Der corn is showing some pressure 70
no feel ike advocating the buying slde
uuirsg il can be done after break
Wheat firmncss at the opening more
on small offerings than any special de-
maud Trade very light in It ana price
changes on small amounts .-Dennis 10
Cha X n Co.
Bennett wires: If uncovcring OF
hedges and short covering should start
on liberal scale wheat prices shouIu au-
vance easily should wheat price harden
there would undoubtedly be a stronger
corn market for the time being at
least But the oats market Will have
to depend on other grains Tor support
Thomson Mcknnon wires We see
nothing In the outlook to warrant any
expectations other than the declines VIII
follow the natural reactions made just
now in the corn market, the oats ten
dency seems lASer.
Chicago. Corn should display another
bulge today and become sale on the
upturn. Bulge Of Tuesday was due TO
small receipts and the wheat firmness.
Primary receipts OF corn are running
below ; .0O0. 600 per week--vcry small
The decrease Of S9l 600 in Chicago corn
supplies for one week to l,326,000 was
probably the deciding influence. II a
little more bun news arrives December
corn may swing back to $L2S or $l29
but seems destined to continue around
s. Is Western cash wheat was about
unchanged to & cents higher. Chicago
cash corn closed around unchanged to
/ cent higher oats receipts are large
and New York exporters say no sign
Of material foreign fall export demand.
Polish news more optimistic.
Corn crop stin looks around 5000,
600 900. Illinois, Indiana. Kansas and
Nebraska sections report drouth. Sell
ing OF half million September oats for
hedging affected oats. September oats
should sell TO below the December
oats General trade news continues
soft. outside small rains in Kansas
and Oklahoma the corn belt was dry
Forecast mostly fair, with some chance
Of cooler and possible showers -
Wagner.
chicago. Some talk here uuch Of
central West corn very late. Minneapo-
lis points out their rye stocks only
s. GOO Wagner to S. & G.
Chicago.-A little selling Of DecembeI
corn on raining HI,dN bt"u anu llGA''i
tnson, Kansas; Nebraska part cloudy
and cool looks like rain some points
Wagner to s. a q.
Lafayette wires US: Some OF the bes'
fields Of corn in this county show thaI
frost will have to stay off entire month
Of observation-disclosures to S. Il G.
ChlCago.-The price current grar
reporter shows a greater loss o
| spring wheat by black rust than antici.
4 pated two weeks ago. Corn situation
not improved during the past week bu
has not been seriously affected as goo,
rains fell in many sections, Consider
able part OF the crop viii not matur,
as ripencd corn and will have to b,
used as sllage 10 be saved Wayne
to s, & @.
As to the small wheat reIsipts Oman,
| wires: Big farmers say they will no
sell They are organized $3.50 to SAL