davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
From Trade Journals
To-day's Problem

To-days problem is not to prevent
food from leaving the country, but 10
discover means for moving those sup
plies, and not over the seas, with their
mines and hidden dangers, but along
the perfectly secure inland arteries Of
TRANSPORTATION. We still have the sur
plus: the world demands it and is will
ing to pay a great price for it; but the
very abundance of our production, the
almost incomprehensible immensely of
our wealth, in themselves limit our
ability to sell what we have to sell and
20 give what we have to give. In such
situation the talk of famine seems TO
the last extremity incongruous, even
though the word be used as descriptive
Of condition hardly morc serious
than transient shortage; for shortage
is, in the nature of things. the worst
that New York or New England, or any
other part Of the East, may be called
upon to face, even should railway con-
ditions grow worse instead of, rs Is
now to be hoped, better. 1t is, never
theess, the plain duty of the railroads
in the present situation TO give first
attention to the movement Of essential
foodstuffs, to hasten as much as pos
siblc the return Of idle cars from East
ern territory, to dispatch them re-
loaded TO new Eastern destinations, and
TO see that. under the worst conditions,
nothing permitting the loosest possible
use of the word famine" may occur in
any part Of this country.-Northwest-
crn Miller.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
s O C k S

Wal Street, February 81.

WQN Street, II eOFNu'b 49,
For want Of a moro specific or den
nite reason, the irregular tone OF the
stock market was generally attributed
70 latest Developments across the
winter. The more drastic measures
taken by the British government eS-
cited some apprehension in speculative
circles and gave an excuse for the
early setback, which ranged from ! 10
~ points in shippings, oils and other
industrials and specialties which may
be affected by the British embargo.
There was some activity at the open
ing, altogether at the expense OIL
quoted values, but dealings dwindled
steadily thereafter. United States
Steel, which yielded a point at ITS low
est, and the metals furnished their
usual large quota 20 the meagre turn
over. Rails were utterly neglected.
except for moderate reversal IN
Union Pacific and a further recovery
in New Haven.
Bonds were irregular, mainly IN con-
sequence Of further shading Of the
international group. United States
registered IS and Panama IS advanced
y per cent on call during the week
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
RECORD EXPORTS FROM
CEYLON TO THE u. S,

The value of the exports invoiced at
he American Consulate at Colombo,
Ceylon. for the United States during
1916 was S2s,s57,3O5, constituting a
record. The returns for the preeed-
ing three years were: 1918, Si2,IsO,-
737; 1914, sI0,9s4,472, and 1915, Sl1-
.767.
The largest increases for 1916 are
shown in the exports of rubber
plumbaso and desiccated cocoanut
Exports Of rubber increased In guam
tty from 20.eSO,703 pounds in 1915 70
3O.a73.5Ss pounds in 1916. and IN
value from Sll.Il9.l9 to $ls.9iH'as
During the same time plumbago IN
creased in quantity from l3.6Os tons
20 25.231 tons. and in value from 81,
q571o7 10 $500. OSi. Desiccated
cocoanut increased in quantity from
A.ss9.s47 10 S,733.700 pounds, and IN
value from s325,SSi to sb6o,S5p.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
ACTIVE DEMAND
FOR SHIP STEEL
Orders for Railroad Eouin
ment Fall Off-Pig
Iron Higher

Business in rolled steel continue, 81.
traordinarily heavy. At the nom.
interest is centred more in shiuSsa,
ins contracts, wire products, tiru.,,
and tubular goods. Railroad cam,
ment orders closed in the last r.,
days, however, call for $4,000 ton, a,
rolled steel products. The rail mill,
have taken orders for $1,000 ton, .,
rails, including $4,000 tons for Frsp..
The car builders have taken order, ,r
$50 cars. but $500 are to be bull. !,
railroad shops, and locomotive builS,,
have entered additional order, "a,
ninety-seyen engines, including for,
for Spain
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
ARGENTINA TO ESTABLISH
FARM-INDUSTRIAL BANK

A bill had been presented 70 W
Argentine Congress for the creation :.
the Argentine Agricultural lndu'''"
Bank, the object Of which Is 70 p'''
mote the progress Of the ssneal''"
and pastoral industries and OIL n0s'
for celebrating national produes' -"
capital of the bank is to eohsl" "
100000 shares Of 500 paper es'n 'ns
in series Of 100000. The Bank Of ~
Nation is to subscribe for OVV%"
shares and to pay for the same vhs
and as solicited by the Asrieul'''
Bank. The remaining 100000 sh'i'
are TO be offered for public suo'e'g
ton within the country ana sp'"
preference being given 70 spp''.
domiciled in the Republic Arsen,
capitalists are thus to have the pf'is,
entail right to subscribe 'lVV''''
paper of the required capital and
far as they neglect to avail thsn',
of that privilege, foreign eaUl'Slp
will be asked 20 subscribe. IN ~
to guarantee an interest on toe 'N =,
Of the bank it is proposed t''s' -
shall be imposed on the hyp'SV,
loans existing in any part o.
public according to scale So .... "a.
the bill, subject to the stipulation -
loans bearing interest at less
rer cent shall be exemp, from "e
Bepinning with loans placed o ..s
cent. interest and tax is 10 be lA'' "a
by IS per cent in respect Of e's'' az
49,. ', I, nor cent Of interest: the 10
,ious are to be computed prop0r'io'.',<.
" without establishing -.
rho = cani,al placed in gold in the CO. :.
49,, !. 20 pay !. per cent more o. r
whatever may be the stipu''''o 81
., interest. not being less inc 4.
cont. IN which case it shall .,
per per-, CEN, ~. >, ,ax The tax is evidently
ended 10 affect chiefly inc
,snusu which lend money % 81
s.,uritv Of Argentine properly, a.
bypotheeary creditor is aOsoln'.'s -
United Sgyte from making the amount :,
tax fall on the debtor, 'nd ',.' al
engagement Of this prescription =.
be punished with heavy nh''
Tho South American Journal
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Yes'day's Previous Yea
AMERICAS PLACE
IN SILK MARKET

lThs fertile Mercury, Manchester. Ed0IdHd)
In spite of the uncertainties that
have cropped up unexpectedly and with
great frequency during 1916, and IN
spite Of the ever recurring daily diff
culties, the silk market has contrived
somehow TO maintain an almost reg
ular activity with of course different
changes at certain periods of the year.
The silk commerce and industry have
both experienced factors that were
favorable. These have been the abb
normal weakening of available stocks,
the deficiency of the years European
crops. and, above all, the prodigious
vitality of the American market, which
has throughout maintained very
optimistic view of the situation on
both the European and the Asiatic
markets.
The crop of 1915. abnormally re-
ducod in France and Italy, the COM
plete disappearance of silks from
SYRIA and the increasing difficulties OF
working all brought about each day
influences adverse TO production. Inls
position of affairs has been the cause
Of the ascending market, which really
started in September, 1915, and con-
tinued to the following May. This was
the first phase of the year. The
months of May, June and July were
characterized by decided slackening
in demands. This, however, was only
temporary, for in the month of August
the market had recovered its activity
and confidence. At this time and in
spite of the announcement of a good
crop from Japan and Of the intermit-
tent oscillations of the rates Of eX-
change in the Far East, the market
acquired character of iirmness.
America continued at the head Of the
movement. and its important pur-
chases encouraged activity and the
iirmness of quotations from the Far
East
European consumers, influenced by
the high prices paid in Italy for
cocoons and encouraged by the increas-
ing and exceptional popularity of such
articles as crepe dc chine, crepe geor-
gette. crepons, moussclincs. otc., de-
cided to contract with numerous mar
6ets for supplies. All the same the
horizon remained befogged because Of
the difficulties of manufacturing and
exporting. Although the intrinsic
position OF the market was sane, the
month Of September was marked by
certain slackening without any imme-
date sppreciable repurcussion. In No
vembcr prices for silk ouvr6e for
Switzerland rose TO a level higher than
has been reached since 1876. The
month of December brought a good
share of activity.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
His Supreme Opportunity

When the war broke out abroad IN
1914 there was a great cry raised IN
this country for the farmer to get
particular hump on himself and IN
crease his agricultural efficiency IN
order that the world at war might be
fed. There was much of real sub
stance in the appeal that went forth
to the neutral granger. And if it was
true in 1914, it is triply true in 1871
three years later--with the war still
on. and with the likelihood that the
United States may become a bel
iigerent. If there was ever time
when the farmer should be produc-
ing at a maximum that time is now.
II would be short-sighted indeed for
him to let his equipment run down in
the face Of the worldwide demand for
the things that he can raise. Meas
ured i'm terms of the products of his
farm-not in dollars-implements are
perhaps cheaper than the farmer ever
knew them before, and he cannot af-
ford to permit apparent high prices
20 come between him and the best
possible equipment. Every square
foot Of arabic land should be made
70 produce its greatest this year.
That does not mean that the soil
should be robbed. to be sure. No
modern farmer would take it so.
il means that ne will be more than
over interested in labor-saving ma
chinory in 1917. Signs of his early
interest are already plain. The i'm
ulement mans supreme opportunity
as a merchandiser and as all cconom-
ical benefactor is at hand.-lmple-
meut and Tractor Trade Journal.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Ind u trial
Metals

The situation in copper gives prom
Use of continued strength, despite ell
forts being made by domestic produc-
ers to increase their output. Inc
National Conduit and Cable Company
says:
Conditions in this country and
abroad warrant expectations Of enor-
nous consumption of copper for years
TO come. Monthly shipments to manu-
facturers continue heavy, and TRACE
demand for the metal will doubtless
remain much above normal Tor an IN
definite period.
BASED on the present outlook, nov,
needs for the last half of the year VIE
prove extensive. IL is probable pro-
duction will be speeded up to new
high record. Consumers, therefore,
may feel confident that supplies VIII
be ample for all requirements IN l'l''
New construction and enlarged capac-
ity at reiineries will insure increased
output. No shortage Of copper should
arise under conditions expected TO pre-
vail, and values should be kept on a
reasonable basis, with the elaborate
extensions completed for maximum
production
Prices current for a few of the prin-
cipal metals and metal products, COM
pared with those prevailing at the cor
responding time of last year, follow:
Current year
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25

The American Consul General at
Paris reports b. cable Of February II
that preserved tomatoes. canned fish.
canned vegetables and preserved food
products with meat basis may no long
or he exported without special author
i1ation to destinations in Allied and
American countries. These articles
we're placed under embargo in Deem
Der, 1915. but provision was imme-
diatcly made for unrestricted eXpor-
tstion TO the countries naped.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Livestock, Meats and Provisions

Following arc Yesterdays prices, compared
with those Of year agos
Sew Tori. lcsJetdaj. year ago.
Live steers. best. 100 oo "A
10. ......-...t- >o'0U Rpll'<S Wv" ~'o''S
II b, ...,......... RAG 1874 nae "a
Lie ycals besi. loo on a,,oo
T.. ...s....s.r- lV'VJ H WV S'VV N'S'NN
dressed veal, ciy, mi.
Lave ewes. 100 Ibio.oo a 1880 $50 Q $50
Lambs. fair 10
Dressed mutton, ID. 10 g ~ ~ -
Dressed lambs. h. .le @ x 10 P ''o1a
Hogs. 100 lb......l2.60 % 1890 90 q -
Dressed hogs. bacon, 49, ,.e ,u.
No. .............. .l6h4 IVA 'lI'a9 ~. q
Mess pork Dbl. $3.50 q $500 2loo 9zS'W
Mes bSeef'. bbi. 1900 q 23.5o 100 9H.'o
Lard. Middle West. al. A.
DO. .....-...-.-. lI.bOc az bsJVo Now w 'V''V'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Coffee, Sugar, Tea and Cotton
seed Oil

Coffee Futures.-There was renewal OF
liquidation in the coffee market yesterday,
and prices made new low ground for the
movement. with May contracts selling at
80, or 121 points below the high level
reached on the bull movement of early last
month. The expectation of a much restrict
cd European outlet again the chief fac
tor while sellers were also influenced By the
decline reported in the Santos futures mar
ket. and belief that it might foreshadow
lower cost and freight offers next week.
Closing prices were at practically the lowest
point Of the day. showing a net loss OF Il
TO Il points. Sales were reported OF about
D 4 On Hacrg
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
b O n d S

Trading in bonds on the New York
Stock Exchange Saturday amounted TO
81. SOS, 900, against s4,226,OOO Friday,
S1,s52. 900 a week ago and Sl,6lS,OOO a
wear ago. From January to date,
sl95,346,OOO. against $iS6,354, 900 in 1916.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Commodities

fancy. e4.a24ikc; white, average fancy
24Lm2fI2c lower grades. 23n24e; twins.
held, specials, 26c; average fancy - =
e5A,c: cheddars. held. specials. &c single
daisies. fancy. .55s a 26l.c; Wisconsin. whole
milk. fancy. twins. held. 26c; fresh; 3sc
single daisies. .6c double daisies. held. -oe
fresh. 2iizN244c; Young Americas, he'd.
Is &c: fresh. 24isc; Far Western, whole
milk. Oregon. triple daisies. fresh, Zt37m
Doc: held. 25d % &c: Idaho. double daisies
pa. d25c: California. double daisies, fresh
234 n24lec; state. skins, current make spe-
cials. 2Oi2d2lc: choice, zoe. fair TO sood'
lSTi9isc lower grades. s3Q l7i-c.
Eggs Receipts, 1858 cases. Fresh gath
-ered. extra fine per dozen. 42642l7c; extra
frsts. 4liqc; frsts. 39iZm4lc: seconds and
lower grades. 3si. d59c; state. Pennsylvania
and nearby Western. hennery whites. me 20
fancy, asa iSc: ordinary TO good. fsW sc
gathered whites. ordinary TO fine. 4ld f9e
Western and Southern. gathered whites, 4VH
81 &c: state. Pennsylvania and nearby, men,
merry browns. f2lad i3c gathered brown and
mixed colors, frsts 10 extra firsts, 40G &c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Current
> u s t e n a n c e
Cereals

Wheat.-Prices were lirmer yester-
day, closing at about the top, with net
gains of he to 24c. Considerable
Importance was attached to reports
that England is assembling a big
feet of merchant vessels which are TO
be loaded with necessities and con-
voyed across the Atlantic. Further
more, it came 10 light that export
sales during the last two days had
probably amounted to several million
bushels of wheat and flour, part to
the Belgian Relief Commission. The
advance was due largely to active
buying by several Western commits
sion houses. In some quarters there
was a disposition to interpret Pre-
mier Lloyd Georges speech on Friday
as meaning that a larger available
tonnage for the movement OF wheat
Will be provided. Reports that seven
Dutch boats had been lost on Thurs
day added TO the feeling of insecur-
ity about making shipments. espe-
cially as number of the boats were
said to be carrying grain. The do
nestle car situation showed some i'm
provement, and about 100000 barrels
of flour were said to have been
shipped from Minneapolis on Friday,
making one of the largest single
DAYS shipments on record.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
- Active Securities -

Net
Sales. Name. High. Low. Close. chg
100 Tn Gig st 90 SO SO -- "a
100 Tn Drug. 7s1a 1872 7e1a- "
100 Tn pr 1873 1873 1875 Is
1900 L $ Ind At30 1913 1870 --
IOOU SR 81 IS IS IS Ne
500 u s Smelt 579s STA 572s r. 70
249OO U s teel.t07i4 1864 1o7ls- Is
100 do pr. 1884 1884 1875 "a
zoo Utah Cop.1t0 1909 40 r 80
200 Va ] CSC. Sc $50 So i
200 Wabash. 1924 12I4 12L4- "
500 do pr A. 4S94 4S14 1914 70
200 do pr b. 2514 2514 25l4--
100 W Md pr. 40 40 40 -
200 w Z Tel. 81 93Is "a 20
800 Wcsths NJ 4eIs 49 1875 70
100 " Bru pr1t534 1884 1884 -
200 Woolwrth.t 411s i4t 141 - "a
1900 WHY'S Ov $3.50 1893 1888 "a
200 White NJ. 1873 49 1913 r Is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
\ esterday's
alaza
Agar

Cottonsced Oil futures.-A very steady
undertone prevailed in the market for cotton
seed oil and prices at the close were 6 20 -
points net higher. Total sales were $1,000
barrels. Tomorrow will be first notice day
for March contracts.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25

Under an arrangement ''"' 40
Australian Wheat Board farmer. .,y
will be beg guaranteed about IS ''''
hu,heI for next seasons crop
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Yesterday
year
Sugar Futures.-sugar futures y,

sugar FutuTes.-ouRar IutuTe5 gtsIFIua!
opened 10 = points lower, with Wall Street
free sellers There was little covering
later in the morning. which caused prices TO
gain q few points. Sentiment became little
more settled on refners buying a fair amount
Of prompt sugar. which appeared TO ease the
situation somewhat. The close was 2 to
points net lower. with sales for the day
Il 500 tons.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Daily Imports and Exports

Daily imports and exports Of general
merchandise ut the Port Of New York
"A orc.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Orchard and Field

1ertelus4' n ycei 49,
choice .'' 100 10. SIP 6oaf2.75 Z7o8 -
Peas. scotch 1916.
choice loo b., 300 s.So o.V4 -,
Potatoes. T.. l.. boil 10000 1O5o 3.L9a t-Vo
hn,Ie. fancy bbl 3OOT $50 lisa 4.25
Grapefruit Fla.. box $500 40 ,.5gS'so
Orange, Fla, box. 2Io9 $40 Lung ''0V
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Italian Buyers Withdraw

Export inquiries continue most m,
pressiye, but it is significant that on,
large Italian interest has temporal,
withdrawn from the market. Seyu,I
new inquiries for ship steel nave con.
out, aggregating an even 100000 len,
including $4,000 tons Of plates mj
$4,000 tons of shapes, wanted BY Crea,
Britain for boats building in Jana
Independent japanese inquiries an,s
10 $4,000 tons Of plates. Franc, NJ,
placed contracts for 10000 tons. and /,
still in the market for between 100
and 5000 tons for this years shis
ment. and one Italian inquiry for q,
900 tons is still unsatisfed. The NOS,
interesting development, however i
the purchase OF plates by the Beths,
hem Steel Company, for the cons,rue
ton of boats for the Cunard Line, Ia,
contract prices for which are clio. t.
100000 for each boat. Each shf
requires 10000 tons of plates sri
5000 tons of shapes.
Wire Products Active
An extremely heavy demand for vine
products is evident on both domestic
ana foreign account. Russia is closing
contracts for 100000 tons Of bsrbed
wire and Italy for 10000 tons, Will,
miscellaneous sales OF wire products
for export amount 10 10000 tons bu,
domestic buying has exceeded fOreigr
orders materially. Canadian MANI
facturels have also placed contracts
Tor 100000 tons Of American foundry
coke for this years delivery.
The Bethlehem Steel Company has
sold 100000 boxes Of tinplste tG
shipment over the fourth quarter d
this year, against the output OF ~
Baltimore plant, which is expected 70
be in operation next July. Inquiries
are still in the market for 4OO,oW
boxes on domestic account and f&
100000 boxes for export.
Steel building and bridge work COZ
tinue active, although fewer large CO
tracts are being closed. Merchant sale
of pig iron amounted to 10000 tors
including 100000 tons Of Southsn
foundry at an advance Of 81 ton.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
CONSOLIDATED EXCHANGE

limit Of trade on this exchange. 10 shares
Trsnsactions and prices Saturday for the
more active stocks follow
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25

Cheese. Receipts. 1889 boxes state.
whole milk fats, held. specials per lb. 26i &C
average fancy, 25i-d CSC lower grades. % y
n CSC fresh. colored, specials 25m 5i5c
white. specials. 25n2tiso. oolored. average
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Flour and Meal. Quotations we're:
Produce Markets-Current

Butter Receipts. 1.6ll package. Cream
cry higher scoring than extras, per ID. i2i.
NJ 43c: extras t42 scorel, i.c 1r.ts tsS 81
~ scorci. 3SM 81 TIC: scconds tSj 20 -
scorci. $751; "a 81 iec thirds. 81 "a j5c crrnm-
cry. unsalted. higher than extras. i3H &c
cxtrHs. 4lmf2c; hrEfs, 39m seconds.
3siam3siac. creamery. held. higher than 81
trss. agc: extras. 3saW3Siac. hrst,. 31n
&c. seconds. 80 zm35iac: third. 3iM 35c
state dairy. tubs. finest. 4lfit2c: good 10
prime. 3sni0c common 10 fair. 30d SEC
renovated cStrns. Sc hrsts. aga 5sc lower
grades 300 81 ac; imitation creamery, frsts.
- iam32iar ladieS. current make. hrs's.
.9isW3o &C. seconds. a9c lower grades e =
as .c. packing stock. current make 80 /.
81 n 29c. 40 o.. 2Sc lower grades. .,ft
e1i-c.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25
Hay and Straw

Yesterday year age.
tPcr toni lPcr TONI
lac bales 90. ',2io0d22 200 $4,000 -
No / clover mAd 14.5o6 1900 le.oo922.oo
Ryc straw. No I 1900 i4.oo 1900 l4.oO
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-02-25

close. close. ago.
Cash: (cents) Gents (cents)
New York. .... 2.o4I4 2.O414 1909
Contract:
Chicago, May. 1.7sIa 1854 1882
Chicago, July. 1875 1888 1.1o34
Chicago, Feb. 24.-Despite virtual
suspension Of business at all grain
elevators here and notwithstanding
the bearish effects of Lloyd Georges
speech, advances which were scored by
the wheat market earlier in the last
week have not been altogether wiped
out One of the chief sources of the
strength of prices appeared to be the
prospect that European buyers would
depend mainly On America for ship
ments as long as available supplies
would allow. Net gains in wheat val
ues compared with week ago ranged
from &c to &c. Changes OF prices for
corn and oats were inconsequentia!.
Provisions rose 42c to &c.
Wheat bulls had q clear advantage
the first three days of the week. owing
in large degree to assertions that the
submarine campaign of the Germans
was falling short of the results which
had been intended and that the export
outlook was good. Besides, hopes were
generally entertained that a decided
clearing up Of railway traffic hindrances
was at hand. The bulls made much,
too, of messages that flooded in telling
Of poor crop prospects throughout
wide section of the winter crop belt,
especially Kansas and Missouri. High
winds and dust storms were said TO
have added TO injury due to cold and 20
lack of nourishing moisture.
Aggressive action by Board of Trade
officials looking to an embargo on all
shipments Of freight east Of Chicago
except foodstuffs and fuel resulted on
Tuesday from the fact that the rail-
road blockade here. instead of being
cleared up. had grown so much worse
that warehouse operations in grain had
reached a nearly complete standstill
Since then wheat prices have been on
the downgrade, accelerated 10 some ex-
tent by agitation in and out Of Con-
gress for radical steps to meet the
wishes Of domestic consumers.
Corn.-The market was steady. closing
3smS.c net higher. Prices. however, re
sponded rather reluctantly TO the advance in
wheat as the market felt the influence Of the
more liberal movement and less active cash
demand. IL was said that number of large
Western manufacturing concerns were out OF
the market and would close down some OF
their plants until conditions become more
normal. Reports from Argentina were of a
more favorable nature regarding the crop
situation. but the outlook for shipments from
that country was poor.