The sun., 1918-09-22
INCORPORATION
ISBUYING BARLEY
Sets Prices for Three Grades
From $1.18 to S1.O9 a Bushel
,,. atNew York.
DEALING ALSO IN RYE
activities May Be Extended ia
the Feed Grains-Cereal
: Products Regulations.

Announcement was made on the Prod
uce Exchange yesterday that the Grain
Corporation had established three grades
Of barley which II would buy at certain
specified pricss for tho time being. The
prices given were: A Grade. SI.i2: b
Grade. gill. and C Grade, 500 at
New York.
1t was understood that prices. would
be established In other markets Of thu
country, At which purchases would be
made In store, And the grain 10 expected
to be brought forward 10 tho ssabosrd
and exported: The price Of tl.74 was also
announced on No. 2 rye at Now York. II
is estimated that thu activities Of the
Grain Corporation may extend to other
grain. and that II will then handle the
buying Of tho feed grains for export for
the ALLIES and neutrals to whom ship
rnents may be permitted.
During the week regulations were
issusd on buying OF cereal products other
than -four by the Grain Corporation and
on Thursdays Of each week Offers will
be received on these cereal products to
also supply the Allies and any neutrels
This extension Of the activities Of the
Grain Corporation is so broad its buy
Ing now covers wheat corn, oats. rye
and barley, and It 10 possible that the
activities win include rioe and beana
The prices on the coarse grains arc
not stabilized. like the price for wheat.
but are prices at which the Grain Cor
poration y willing to buy the various
named articles In order TO all the necss-
sary export requirements Whether
these activities Will be extended to in
clude the buying Of oats for the Allies
and neutrAis has not been announced.
1t 10 understood the activities will not
extend outside OF wheat to the question
Of accumulsting reserves, wheat being
the only grain In which the question of
reserve 10 considered. and the buying
Of wheat 10 In order to stabilize the
guaranteed Government price As well
as to, supply the export demand for
wheat and wheat -four. So
CHICAGO. Sept 2i.-Iowest prices yet
for corn since trading In present deliv-
cries began resulted to-day. chiefly from
prospects Of sustained liberal receipts
here. The market closed unsettled, N
to 2h net lower. with October At 3l.tSk
to 31.4sH. and November SLASH to
Sl.%6X. Oats nnished y of to- Y up.
provisions varying from tic. decline to
10c. advance.
Likelihood that the movement Of corn
to market would increase from now on
seemed clear. inasmuch as the number
OF requests from the country for ship
ment permits had broadsnsd out and in
great majority OF cases had specified
corn. Other evidence too was at hand
indicating that An unusual amount Of old
corn was still held on farms, and now
that the new crop had become assured
was pressing to be disposed Of Dread Of
injury by frost seemed to be at an end.
barring only the percentage OF damage
conditions the market proved weak
throughout the day and received but lit
tie support except from proft taking
shorts
Relative strength displayed by oats
came principally from continued export
demand. Sales to exporters wero esti-
mated at 100000 bushels. ~
CORN--In the local market No. . yellow
Ni4N cost and freight New York.
OArs--Locsi cash market was arm;
standard quoted at s!gsShe. 10. . white,
MsI,s M ~ o Ssisi nieD:d w Viii
ssM q isMe.. ali .lsvstor. '
RYE-Narket nrm; No. Western.
N.7t cost and freight New York.
BARLEY-Market easy; feeding. N.It;
milling. SLis cost.and freight New York.
HAY--Msrket frm; No. !, $3.50: No. :.
N.So4ls5; No. ., Sl.s59i.75.
CHICAGO PRICES,