The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-03-30

Grain Opinions.
O'Brien-Reports which caused the
weakness late yesterday not confirmed.
No rain in southwest and damage re-
ports coming very bad. / can't see
where there can be much of a break
Ware & Leland-Believe 1t a good
policy to await a good decline before
making purchases.
Lamson Bros.-If current crop re-
ports are confirmed by the April gov
eminent report, shorts will have a
disagreeable time.
Harris Winthrop-We feel that pres
ent levels suggest caution and any
change in weather conditions in the
winter wheat section will bring about
Grain Receipts in CARROTS.
Chicago-Wheat, II, last year 1873;
Corn 81, last year 81; Oats 104. last
year So.
Minneapolis-wheat 452, last year
BIG,
Duluth-Wheat IL, last year SO.
Winnipeg-Wheat 344, last year 713.
Cash Message.
neapolis-Interest in cash wheat
less keen. Outside buying not as good
today. Price tendency easier though
no change in quoted. Choice No. 1
Northern, IS to 20 cents over May.
Weakness in lower grades. Flour
trades quiet again.
Herald.
Chicago-Grain traders generally
regard the market as over strained by
the big advance Of late and advised
caution on the buying side on bulges.
May wheat corn and oats are con-
sidered to be congested. Sharp fluctua-
tons are to be expected. especially in
wheat as cash premiums are 10 to Is
cents over May making cash wheat
well above 50. 1t will be no surprise
to see May wheat at 81 and above.
Patten has been a heavy seller of corn
and a liberal buyer of oats the last
few days. Other strong local interests
also have taken oats on the theory
that they are too low. 1t Is under
stood that all specials and other cash
oats in store are under contract to go
out by rail and lake as soon as ship
ping facilities are obtained. Many of
the provisions and stock yard holders
have secured large profits by the ad-
vance in the shares Of Swift. Cudahy
& Wilson Co.
Herald.
Times.
New York-The hating yesterday.
was due rather to a natural reaction
from the great strength of the day
before than to the introduction Of any
new view of the course which events
may take. The rails were among
stocks showing reactionary tendency
specifically in the news that there was
little likelihood of interstate commerce
commission allowing the proposed in
crease in rates to take effect immedi-
ately. That appears the usual pro-
cedure of suspension of the new rates
is to be adhered to. though effort is
to be to conclude the commissions
investigation in less time than has
usually been required for rate investi-
cations in the past. Meanwhile in the
financing the railroads have to do
they will have to content themselves
with the benefit to be derived from
the hope of a rate increase in lieu Of
the greater advantage which would
have been obtained by an increase al
lowed to take on without delay. News
of the $60.000.000 bonds by the
Pennsylvania following closely upon
news Of the 5000 900 New Haven is
sue was a reminder. of the extent
of railroad capital requirements. The
Pennsylvania announcement prob |
financing Just done with the reserve
banks by the United States treasury
was looked upon as taking the gov.
eminent out of the market for the
time being so that there was no long |
er need of holding private issues in
allegiance until the governments needs
have been filed. The course Of events |
in congress next week probably will |
go far toward determining how soon |
and to what extent the government |
again will become a borrower.
Any women or girls desiring work |
On farms in North Dakota or north
western Canada at splendid wages, |
should call at the Glad Tidings mis-
sion. They have some choice places.