Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-05-17
WHEAT PRICES FALL.


Maximum Drop at Chicago Is IL
Cents on Reported q. S. Action.
CHICAGO. May 17.-Reports that the
United States government had asked
Great Britain and her European allies to
sell immense holdings OF future delivery
largely responsible for downward plunge
in wheat prices on the board OF trade
today. The maximum fall in values this
morning was is cents.
restrictions on trading the aggregate OF
| wheat transactions was small. July
wheat fell to 2.14 as against 2.3O at yes
terday's finish. but later rallied to 222.
Subsequently, announcement OF
renewed wheat embargo by Argentina
appeared to count little as bullish
factor. The close was unsettled. to
II net lower with July at 21s and
September at 1.99.
Warm weather tended later to make
corn sentiment bearish regarding corn
The close was nervous at to "a net
decline.
wheat-No. red. 2s3a2.S5: No
red. 2.55: No. 2 hard. nominal; No 3
hard, 2.S0a2.S5.
GornIN e. ? s yellow, 1.s7a1.s7*; No ;
Oats-No. 2 white. 7oa71: standard, Il.
Rye-a.so; barley, 1.35a1 60: timothy.
5.75aS.0O; clover. 12.00a17.00; pork,
IS. 90; lard, 22.35a22.45; ribs, 20.10a20.55.
WHEAT Open. High. Low. Close.
s SEPTEMBER 49,: Is is 5.oi IL Is LIS
CORN
s September 1sa 1lt Is 1ss
OATS
September .i:':.r: 81 81. So: ssz
NEW YORK. May 17.-Flour dull and
nominal: spring patents, 15.40a15.65; win
for r,nfn mol K xyiy,fn ct rli
14.50a14.65: Kansas straights. 4.9oa156 IS.
Pork-Firm; family, 400. Lard-Barely
steady; middle west, 22S0a22.90. Other
articles unchanged.
Raw sugar-Steady; centrifugal. 6.o2:
molasses. 5.14: refined steady; fine granu-
lated. 7.50aS.50.
Futures were only moderately active
early. but the undertone was unsettled
and prices were about to points lower
at noon under scattered commission house
selling, prompted by the continued liberal
offerings in the spot market.
Special Dispatch to The Star.
BALTIMORE. Md. May II q pm.
OBSERVATION-DISCLOSURES and lower;
spot, No. red. 800; spot. No red west
ern, 500; May, No. 2 red, 800: steamer,
No. 2 red, 2.83; receipts, 1OO,337 bushels;
exports, 1868 bushels.
Corn-EaSier; spot contract, LA,
May, liza; receipts. $3.50 bushels; ex-
ports, $4,000 bushels. Oats-Dull; stand
ard white, TIE asked: No. 3, white, u
asked; receipts, S5S,213 bushels.
Rye-Steady; No. 2, western export,
22O sales; receipts, 25,s47 bushels; ex-
ports. $4,000 bushels.
Hay-Steady.
Grain freights-No quotations.
DAIRY MARKETS.
CHICAGO, May 17.-Butter-Higher
creamery, 33a37k.
Eggs-Receipts, 1920 cases: I'M
changed.
Potatoes-Higher; receipts. 10 cars.
ton. 3.10a3.20; Wisconsin and Michigan,
2.S5a3.00.
Poultry-Alive, lower: fowls, %.
NEW YORK, May 17.-Butter-
Easier: receipts. S.SSS packages; creamery
higher than extras, 4oa40h; creamery
seconds. 36a371s.
Eggs-Barely steady; receipts 35,096
cases; fresh gathered extra, s7ka3s;
fresh gathered storage packed frsts.
361aa37: fresh gathered frsts, 35a36 ";
state, Pennsylvania and nearby western
hennery whites, fine to fancy, 37ka3S:
state. Pennsylvania and nearby hennery
browns. 371aa3S.
Cheese-steady; receipts. 1868 boxes
state. fresh specials. 81; do. average run,
261ta26A.
Dressed poultry-Dull and weak;
chickens, 24a30; fowls. 20a251 "; turkeys,
1Sa35.
Live poultry-Weak fowls, "a; tur-
keys. IS; broilers. 41a43.
COTTON MARKETS.
NEW YORK, May 17.-There was
! moderate volume of business In the
cotton market during today's early
trading, but orders seemed pretty well
| divided and fluctuations were COM
parative1y narrow. The market opened
steady at an advance Of l to points.
! eased back from 1892 to 1885 for
July, and from 1913 to 1894 for
October, and fuctuated within this
range toward the middle of the morn
ing.
Futures opened steady; May, zoos:
July. 1890: October, 1874; December,
1880; January, 1880.
The early offerings were readily abb
sorbed around last nights closing fig
ures and the market showed increased
strength later on covering. Wall street
and Liverpool buying. July contracts
IL points above last nights closing fig
ures. There was enough realizing to
check the advance at this level and
prices showed reactions of 6 or Z
points early in the noon hour
NEW ORLEANS. May IA rise OF
u to Is points featured the early
than due, reports of an increased spot
demand and continued cool weather
over the belt encouraged the buying.
came from covering shorts.
Futures opened steady. May, 1855:
July. 1925; October. 1873; December,
1890; January, 1899.
CHICAGO LIVE STOCK.
CHICAGO, May 17.-Hogs-Receipts
1 1000 head: slow: bulk, 15.S5a16.25:
light, 15.15a16.20: mixed. 15.65a16.35:
heavy, 15.soa16.4O; rough, 15.6oa15.75;
pigs, 10.50a14.50.
cattle-Receipts, 5000 head; steady:
native beef cattle. 9.50a13.70; stockers
and feeders, 7.60a10.40; cows and heif-
ers. 665a11.60: calves. 9.75a14.35.
Sheep-Receipts, 5000 head: weak;
| wethers, 12.50a15.50; lambs, 15.50a19.S5.