Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-06-21
GRAIN AND PROVISIONS.

prospects In the northwest, together
with free offerings in the southwest.
tended today to ease the wheat market
Scantiness of stocks kept the July
option relatively firm. Opening prices.
which ranged from the same as yester-
days finish to / cent lower, were
followed by a material downturn for
September. but a slight gain for July.
which; however. subsequently disap-
peared
Forecasts of unfavorable weather
gave temporary strength to corn. Later
bearish sentiment predominated, owing
to reports of continued rains in the
territory southwest. where drought has
been complained of. After opening un-
changed to v off. the market scored
substantial advance, and then sagged
all around, well below yesterdays close.
Oats showed stubborn resistance to
selling pressure. Demand was espe-
cially active for the September option
Provisions had downward bent. in
duenced chiefly by weakness in the
hog market.
Renewal of export corn buying led
afterward to q decided upturn. The
close was nervous at gains of u to \
net.
Another advance in the July wheat
delivery ensued owing to scattered buy
ing orders. September continued to be
depressed. The close was unsettled.
II net lower to advance. with July
at sos and September at 1.7s5. ..
Wheat-No. 2 red. No. red No. 2
hard and No. 3 hard. nominal.
Corn-No. 2 yellow. 1.6sa1:7 10; No: 3
1889.
oats-No: 3 white. ssAas7A; stand
Rye-No. 2 nominal. Barley. 1.1oa1.4s.
WHEAT Open. High Low Close.
September 49,. 1.7s $50 175s l.7sli
CORN
July .....1.52h 1.5aN 1871 1891
September Ia 143A 1.40L l4212
OATS
ssy q" s ss,s sly 81. s sss
NEW YORK, June 21.-FIour. weaker;
patents. 12.25a12.45; winter straights.
11.90a12.15; Kansas straights. 12.90a
1870. Lard. steady: middle west,
20.s0a21.00. Other articles unchanged.
Special Dispatch to The Star.
BALTIMORE. Md, June 81 q pm.
ouotations).- Wheat-Quiet and steady;
spot No. red, $50; spot No. red west
ern. 2.55; receipts, 120.727 bushels. Ex-
ports. 294.742 bushels.
Corn-Firmer; spot contract. LIB;
ports. 1889 bushels.
Oats-Firmer; standard white. 73a
az: No. 3 white. 72a7214: receipts. 49,
504 bushels.
2.37 bid: receipts. Lib bushels.
Hay-Steady.
Grain freights-Not quoted.
DAIRY MARKETS.
CHICAGO. June 21.-Butter-Un-
changed.
Eggs-Higher: receipts. 16,475 cases;
firsts. 2s15a2sk; ordinary f1rsts. 26ka
%: at mark. cases included. 2sa2sh.
Observation-Disclosures receipts, new
80 cars: old, cars.
Poultry-Alive, lower; fowls, 2OH.
NEW YORK, June 21-Butter-|
Steady; receipts. 1924 packages;
creamery higher than extras, 3sA a3sh;
creamery extras (92 score). 3SAa3SA;
firsts. BIZ a3s; seconds. 35i. a37
Eggs-steady; receipts. 21.o23 cases;
fresh gathered extras, 35a36: fresh
gathered storage packed firsts. 33Aa
"a Y: fresh gathered firsts, 32a33; state,
Pennsylvania and nearby western hem
Pennsylvania and nearby hennery
browns, 37a39.
Cheese-steady: receipts. 45os boxes;
state fresh specials. 22A a23; do. aver
age run, 22Aa22h.
Dressed poultry-Quiet; chickens.
20a2s; fowls. 1917 a251k; turkeys. 1sa35.
COTTON MARKETS.
NEW YORK. June 1.-The cotton
market was comparatively quiet today.
The excitement of yesterday appeared
to have subsidized. but the tone was still
nervous and unsettled. and. after open
ing at a decline of 5 to 30 points, active
months sold 80 to 36 points under last
nights closing figures. Houses with
| Liverpool connections were sellers of
new crop months, and some of yester:
days buyers appeared to be liquidating.
There also was renewed talk of cotton
| coming here for delivery on July con-
tracts. but after selling at 1924 for
July and 25.07 for October the market
stiffened up 9 or 10 points on covering
Cotton futures. opened barely steady:
July. 25.55; October. 25.Ss; December,
25.4s: January. 25.4s; March. 1852
Tho early bulge met increased offer
ings promoted by favorable western
belt forecast and the continued nerv-
business of sentiment caused by yester-
days developments. Stop-orders were
uncovered on break to 2490 for July
and 24.79 for October, with the general
list selling about 80 to "a points net
lower. The volume of business then
Darative1y quiet and steady at rallies
of some % to 80 points from the low
est.
NEW ORLEANS. June a1.-Under
moderate liquidation and no special de-
mand the cotton market here fell off
As to So points in the first half hour of
business today. Bearish talk concern
ing the closing of the English mills
stimulated some little short selling.
Futures opened steady. July. 24.80;
October, 2466; December. 2487 asked
January. $500 asked; March, 25.14
Selling pressure continued until the
active months showed a loss of 60 to 80
points. Toward the middle of the day
the market became quiet and early
short sellers covered with the result
that recovery carried prices back to
within % to 20 points Of the close of
yesterday.