New Britain herald., 1915-11-29
SEIZURE OF WHE| IN CANADA SEA
 AMERICANPRICI
Advance of Two and { Cents Registered on \
 ket in Chicago
ONLY SLIGHT FLUCTUA
 EXPECTED BY DE|

AAAA A@ " 1D S N DA Estimated There is Still in tn
 of Farmers and Dealers fin
 Canada About 13O, ,OOO, ,OOO
 of Wheat Available for ExI
 of Total Crop of About 35d
 Bushels.
 Chicago, Nov. 3s--wheat in price today as a result Canadian governments seizurS 000,O00 bushels. Prediction ever, that a five cent advanc be added to values here righ start were not verified, the opening changes being two al half cents.
 The market here opened with December delivery at s1.06, as against $1O3h at il Saturday and with May at $1.OS1s as against $1.06 at $1 Commission houses and shor the most active buyers. Selle scattered, although one of the firms boldly took the positio action of the Canadian goveI meant that Canada was to haN erence in filling foreign requii and that the result would be a off in export business from the States.
 Reduction from the initial { ures quickly took place, and tf| ket became a broad, general od feeling decidedly nervous.
 Action of the Canadian goveI on Saturday night in command nearly twenty million bushd Numbers l, 2, and northern| in elevators from Fort Willid Lake Superior to the Atlantid board is expected to result in slight fiuctuation in the And market, according to opiniond today of leading grain dealei Chicago.
 The action was taken unde| special war act and an official ment issued at Ottawa statel the price will be fairly adjustd the grain owners promptly pal the Canadian government.
 13O,OOO,OO Bushels AvaiIabl
 It is estimated that there | in the hands of farmers and q in Western Canada about 1904 bushels of wheat available forj port out of a total crop of $50, 100000 bushels in the Dominion.
 It is understood that a largd ton of the wheat commandeere| be shipped to Italy.
 Release Greater Quantities.
 George E. Marcy, president d Armour Grain company, one of largest exporters here, predicted the Canadian governments q would release greater quantitie wheat for immediate delivery.
 c. H. Canby, president of the cago Board of Trade, would mai further than to say the demand for wheat in the u States would be affected in pr, ton to the extent of the Cam seizures and according to the q sition the government proposes make of the grain and the price fl pay.
 Price Kept Down.
 Experts said the price of grain been kept down, so far this 2 Or two reasons. The first, aid, is the enormous supply bo, he United States and Canda. econd, the absence of cornpe, bidding. Most of the supplies treat Britain and it's allies have through one agent, sserted.
 Evidently the action of the dian governments is just a moy ct hold of the wheat and ship he seaboard befort the price nd before navigation closed for said MT. Marcy. "The 2 'as held by speculators and had t lnUad ont nf fhn alouafnrg fn s4l pom for winter wheat coming il
 Political Reasons.
 "To permit if to lie in the eleya fter December 10, would mean would have to be shipped out by ll-rail route. This would add to rice of grain and affect the mar he embargo may mean that presl to be brought to bear in cer uarters for political reason in Greece"
 Franklin M. Crosby of Minneap prominent miller, was quoted tying that the action does not ( ,rn the American milling inter any extent, as there is no Canad rain coming in on purchase and \ tile in bond for reshipment" The amount communicated, lded, was comparatively small.
 Shortage in Great Britain. Great Britain, it was pointed ou j, 100000 bushels short of it's ne