The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-05-04

Grain Opinions.
Ware and Leland-Favor sales on
good advances.
Hulburd Warren-We see no chance
for. any big decline until a greater
supply of wheat can be obtained from
some source.
Harris winthrop-Look for con-
tinued nervous markets with wide
swings from time to time according
to the character Of the war.
Liverpool-Argentine fine weather.
favorable for gathering OF corn. Fur
Their reports confirm a poor yield.
Quality appears fair. Movement of
grain Is increasing as stocks of wheat
appear larger than expected while
holding Of oats appear liberal. Ship
merts are light of all commodities
and 1t IL believed that these will con-
tinue moderate as tonnage is very
scarce. Allied buyers are anxious for
shipments of contracts already made
but arrangements for proper tonnage
are slow. 1t is believed acreage to
wheat and oats will be large as grow
ers are attracted by prevailing high
prices and government assistance in
supplying good quality OF seed.
Argentine Shipments.
WACdI, ,Uf4,UUUA-l0A,UUU-H.0d O.VUUs
corn, 600, ) 73, 600, 1921, 900.
Visible supply-Wheat, $3.50. 900
10, 1850, 000-13. 500, 900; corn, 100000
1906, oOO-5,Ss5.O 900.
Winnipeg-At a meeting Of the
council of the Winnipeg Grain Ex-
change held last night the following
resolution was adopted: II
That the council. as managing
committee Of the Winnipeg Grain ex-
change, hereby withdraw the faciai-
wheat until further notice.
This action by the council will not
prevent the adjustment of trade
through the clearing house. The mar
ket in other respects will remain
open. The action by the council does
not affect trading in other future
months in wheat, oats. flax and bar
ley.
Weather Map.
Canadian northwest-24 to 3s;
cloudy
Northwest 80 to A, part cloudy.
West-30 to AZ, cloudy. Raining,
Omaha IA, Des Moines 90, Dubuque
20. Davenport, showing, .26, Dubuque
Springfield .4s
Southwest-34 to A, cloudy.
Ohio valley-4O to 4S, cloudy;
Cairo SO.
Cash Message.
Minneapolis, May 4.-Good milling
wheat remains in good demand but the
interest in lower grades Is slower
again. The Great Northern Railroad
Co. refuses to deliver any more wheat
to mills because the mills are loading
their cars with -four for shipment to
Duluth and other lake ports.
Wheat in Great Northern cars is in
very slow demand, especially IL low
grades. Blue stem / northern is to 80
dull with car situation worse than
ever.
Chas. E. Lewis & Co.
Chicago: The Herald says, "The
trade expects wide fluctuations in May
wheat and corn until there is a trade
adjustment of supplies. There is no
pressure of wheat or corn on May con-
.ract and with prevailing premiums |
for the cash grain there must be an
equalization OF the wide difference |
before the bears in July can get much |
This is the way the con-
sentative element in the trade looks |
lis it. 1t Is cash proposition, July |
8 expected to work closer to May. |
Shorts are buying May corn and re-
selling for July and September. Re-
GENTLY the three deliveries were at |
practically the same price. Yester-
lay July was s cents and September |
Is cents under May. May corn is /
,ongested and there is, only 100000 |
bushels contract corn in store here.
New York: Unsettlement is expect
ID to continue in the market. Senti- |
nent has been upset by exaggera-
ions of the entire situation. Scnti- |
nent however, governs at times, re-
sar0less of facts and especially in war |
lines. The wisdom of keeping in a
tate of preparedness in war market |
s again exemplified. While long stock /
S likely to come in the rails, especial
v st. Paul, Rdg and LV, short sellers
n the rails, may find 1t very hazardous
n following them down during weak
less.
Financial Bulletin.
Citation and Notice Hearing Proof of
F0reign VIII.