Evening star., 1917-05-12
GRAIy AND PROyIsIONs.

CHICAGO, May 12-Summary stoppage
of trading in the May delivery Of wheat
did not long delay fresh sn adyanees ~ in the
ket at first showed material declines on
account Of lack Of support. buying was
soon resumed in sufficient quantities to
make quotations jump in the same ex.
traordinary fashion that Of late has kept
the wheat pit in a turmoil. July deliv-
cry leaped up 13 to 2.5s. as against 2.46
to 2.491s at the opening. and compared
Meanwhile. September scared to 2.27, a
rise of to 10 overnight The market
was extremely nervous.
Corn followed the same course as
wheat. Trade was very light. After
opening Y to 1% lower. the market rail-
lied sharply and scored decided gains
over yesterday.
Traders in oats took their cue wholly
from the action of other cereals. Buy
ing power, though. was not greatly in
evidence.
Strength Of hogs and grain caused pro-
| visions to average higher. Ffrmness was
most apparent in pork and ribs.
The immediate reason for the big new
advance was the issuance Of an official
statement by the board, which was con-
strued in some quarters as indicating
that the supply and demand situation was
even more bu!liSh than had been gen.
orally assumed.
It was said the entente allies were
large holders Of July and September
contracts, and presumably, as in regard
! to May, would insist on delivery of the
Lack of offerings and continued de-
| mand characterized the rapid bulge in
values. In the late dealings July went
to 2.75, a rise of 20 from opening fig
The close was excited. 22A to % net
higher, with July at 2.73 to 2.75 and
September at 2.44 to 2.46.
Further corn advances were scored in
<1,A los ~ 0f 11n oIN
was unsettled at gains of q to 3N net.
Wheat-Nos. 2 and red. Nos. and 3
hard. all nominal.
Corn-No. 2 yellow. 1.67a1.6s; No.
oats-No white, 72ka73k; standard,
Rye, nominal. Barley, 1.e5a1.ss. Tim
othy. 5;ooa7.5o. Clover, 12:ooa17:oo.
2O.52a24.00.
WHEAT Open. High. Low. Close.
Sept September lii.'.':. ..:.: I'll :I.is I ia ia "a "a
CORN
sss IsS,enss; - 1ss 1ss* 1ss*H Is. Is LIZ LIZ
OATS
SEPTEMBER ses .:: ss sss S. ss's ssx ssx s. ssa
NEW YORK. May 1e.-F1our-strong;
spring patents, 16.40a16.65: winter patents.
15.90al6.15: winter straights, 15.40a1565; !;
Kansas straights, 15.90a1665. Other ar
ticles unchanged.
NEW YORK. May 12.-Butter-weak;
receipts. $3.50 tubs; creamery, higher
than extras, 39a39H; creamery, extras
coz score), 3Sa3SA; frsts, 36ka37E
seconds, 35a36.
Eggs-Irregular: receipts. 22,764 cases;
fresh gathered extras, 81; fresh gath
fresh gathered firsts, 34a35k; state,
Pennsylvania and nearby western hem
merry whites. fine to fancy, 361aa37:
state, Pennsylvania and nearby hennery
browns, 361aa37.
Cheese-Firm; receipts. 4,1o9 boxes
state fresh specials. 26a4; do. average run.
261..
Live poultry-Firm: broilers. s5a73;
fowls. 26; turkeys, 16a1S.
Dressed-Quiet: prices unchanged.
Special Dispatch to The Star.
BALTIMORE. Md, May IL q pm. quo
tations) .-Wheat-Strong: spot No. 2
red, 3.51, nominal; spot No. 2 red west
nominal; steamer No. 2 red, 3.S4. Re-
ceipts, 42,s25 bushels. Exports. 106.OOO
bushels.
Corn-Firmer; spot contract. 17s,
nominal: May, 1.76. nominal. Receipts,
5,910 bushels.
Oats--Firmer: standard white. 7sAa
7s1h; No. 8 white. 77ka7s. Receipts,
22s. .034 bushels.
Rye-strong: No. western export,
2.40 bid. Receipts, 24,1O1 bushels.
Hay-Steady.
Grain freights-No quotation.
CHICAGO LIVE STOCK.
CHICAGO. May 12.-Hogs-Receipts
10. 900 head; strong: 10 cents above yes
terday's average; bulk. 16.0oa16.35;
light. 15.2oa163o: mixed, 15.75a1640;
heavy. 15.70a1640; rough, 15.70a15.90; pigs,
10. 50a1i.40.
Cattle-Rcceipts, 700 head; steady:
native beef cattle. 9.40a13.70; stockers
and feeders. 7.5oa!o.35; cows and heif-
ers, 6.65a1150; calves. 9.50a14.25.
Sheep-Receipts. 500 head; steady;
wethers, 12.ooa14.75; lambs. 14.eoa1sDo.
COTTON MARKETS..
NEW YORK, May 12-The cotton mar
ket showed renewed frmness at the
opening today. The market opened steady
at a decline Of points to an advance OF
point, with July selling up to 1919 be-
fore the end Of the first hour. or IA points
net higher while October touched 1917,
with new crop months generally showing
net gains Of 20 to % points.
Futures opened steady; May, 1875;