South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-05-22
FARMERS Think
FLY HUGE JOKE
Kansas Growers Hold That
Crop is Not Damaged and
Will Be Among the Biggest
in History.
BY JOSEPH F. PRITCHARD.

CHICAGO. Nav p. - The wheat
Spectator who discarded the bull or
long side Of that market Thursday,
and who not only disposed Of his hold
ings because there Was a profit In
sight. and proceeded TO put out a
short line will be obliged TO pay the
penalty.
There was a partial change in SEN
timent on the Chicago wheat crowd
Thursday. but those who have ad-
hered 70 the bull side for some time
past refused 10 sell out. and they con-
tinued 10 talk bullish on the condi-
tons surrounding this grain. Ii was
the city Spectator who sold grain
freely today, while the man in the
country added TO his holdings in order
10 lower his average.
There were many new crop reports
on Hessian fly invasion, and one Of
little pests as in the wheat fields OF
the Kaw valley all the way from Kan
sss City. Mo-, TO Topeka. Kan. Some
wheat was bought on this
a great deal Of wheat was sold on
the rains in the winter wheat belt
where needed and there is a POSSIBLE
ity Of further price break in this
grain because OF additional rains.
A Kansas City dealer who is gen.
orally we'll posted on the crop prom
ise Of Kansas, says that the reported
damage from fly in that state is con
sidered by the farmers as a huge joke.
One OF the largest agricultural I'M
plement houses in the world, and
concern covering not only this coun-
try. but many others. reports the pros
poets for a bumper crop OF wheat this
year as not endangered. that the in
sect losses on the wheat are not alarm
ing, and that the losses are confined TO
a few counties in the states Of Mis-
souri, and illinois.
The declines in wheat Of 1 lao
lie today were expected by many
In the trade. as "A natural reaction and
decline from the sharp advances es-
tablished were believed TO be among
the probabilities. Conditions in the
spring wheat country, both sides OF
the international line. are reported as
"a vOrable with all the seeding fin
ished.
Coarse grains were dull and prices
were lower. corn losing 3-S a 1-Sc and
oats 7-SG11-4c The weakness in
wheat was the prime weakening in
fluenCe in the coarse grain markets.
There were additional rains in the Ar
gentine Republic, but the Danube was
offering corn at lower prices and the
markets Of the old world were lower
in consequence. There were unfaVOr-
able crop reports on the growing oats
in many sections, but the grains re-
ported will doubtless relieve at least
a part and the states from where
these reports came.
The provision market was a dull
and hninteresting affair and price
changes were narrow. The offerings
exceeded the buying power. with longs
in the lead as sellers. They were in
fluenced by the weakness in hogs and
the declines in corn and other grain
markets. Close.
WHEAT-May. 9s is; July. SIS IA;
Sept Sc "a
CORN-May. SIS IL; July, 81 l-Sd
IA; July. old. 81 Ia; Sept, new.
s. 81: Sept. old. sc.
OATS-May. 40 IL; July, IS 7-Sd
SO: Sept 81 -.
PORK-May. 1895; July. 500
171-2: Sept, $4,000.
LARD-May, $1O.O5; July, So
121-2: Sept. $1,000.
RIBS-May. $3.50; July, $11.32 1-2
Sept. S1142 1-2.