The Washington herald., 1922-07-26
RAINS ADVANCE
Is HEAVY BUYING
CAUSES COVERING

CAUSES COVERING
Tp0rt Business Contin-
hes Large, While News
Is Again Mixed.
bows the movement Of breadstufs at
Few York today In bushels Of grain and
nrrels Of -four:
Receipts Exports
yheat...---.-... 10000 I2s. 900
,orn- 5000 155.0o0
nus.- :--'....---. ssDo 10000
Jour, ,.... 5000 5000
The export elesrsnces from tn. seven
1rfneipal ports Of the Atlantic seaboard
New York. Boston, Philadelphia, Balti.
bore. Newport News. Galveston and
Sew Orieans), thus far this week as
compared with the corresponding days
last week. have been as follows:
rlour..... 1900 $4,000 900
Eheat..-- 'sss.oO0 l.o4T.eoo 1.1is,OOo
Corn--. 155. 600 478. 900 348, 900
ost.-...- 10000 ss1 900 sss,oOo
Export Of wheat from the four ports
Sev York. Boston. Philadelphia and
alttnorel. were 2si.ooo pnshels; last
ar. +1s.o 900 = .
HCAGO. July 25.-An oversold
aition with suficient buying by
,seaboard to Offset the hedging
p of wheat by the country
he'd q covering movement after
arly break that advanced prices
July y cents and other months
ry cents Export business has
rIarge. with sales ct the Gulf
zcess OF 100000 bushels hard
rs for nearby shipment. The
has been largely mixed. Can
needs rain. there were reports of
rust damage in a radius of
niles around Casselton. ". D.,
b Is near Fargo and virtually
rs the same territory that has
reported on as damaged for
raj weeks All the big export
es bought wheat steadily and
it uncomfortable for the
=. The big receipts yesterday,
ars with $50 cars estimated for
~ at Chicago, while the three
-hwestern markets had IT'S cars
" against 4s4 cars a week ago
] DTS cars last year had less eff
among the bears. An important
lre around midday was the ad
+ in Liverpool cables on nearby
eries. Contract stocks are S71.-
bushels. an increase over $4,000
aels last week.
Course Grains.
7rn values were lowest soon
% the opening with a recovery
hearty all the decline on the dis
Z futures, while July made a
il advance A feature was the
" selling OF December by houses
Omaha connections at the start
A the buying of December and
ing Of September by commission
lsss and professionals at 3ss 10
cents difference. Export demand
good and charters were made
100000 bushels at ) cents TO
ffalo. an advance of :. cent within
\ last two days, due to the scar
of coal There was a rumor at
dday that the coal strike had
N. settled. which induced moder-
Z selling Of all grains with slight
re recessions. There are plenty
L bids here from the seaboard. but
certainty as regards shipments
|fecks selling. Receipts were 23O
hrs and deliveries $4,000 bushels.
Oats were bought largely by
lerts and spreaderS the latter TAX
4 September against sales of De-
-pber at , cents difference. one
5dred and four cars and exports
s 100000 bushels Rye was un-
: pressure from hedgers and met
poor demand with break Of
entS on July early with a small
ally.
Provisions.
Provisions averaged lower with
,ogs and a break in lard in Liver
POOL. Commission houses were or
10Th. sides of the market Cash
.rade7 was good for lard and side
meats. but hams are dragging. Re-
.eipts were $4,000 hogs. with 19.O0C
Tor tomorrow. Western points had
lO4. 900. against $1,000 a week age
Ind 100000 year ago
Call money. "a to ). Time. 10
5. Exchange par.
Fnrnished by W. B. Hibbs & Co..
wheat Yes'day's