The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1919-02-25
Morning Grain Gossip.

1T would seem to be to the best interest
of the country in general that corn and oats
values advance materially above present
would result in considerable change In
dnee them to stop pa,' propaganding gnu with
spring wheat in tn. main corn belt. There
are reports coming from all parts of the
corn belt that the acreage to spring wheat
Will be largely increased. in some sections
farmers are preparing to hold on to their
corn and oats in order to have feed grains
for next season as the bulk of their land
will go into wheat Those who make Il
study of agricultural conditions believe
that the after effects of the guaranteed
wheat price will be felt for several -ears
to come. and express apprehension over the
100000 Bushels wheat in store, in transit
and, bought but not shipped from other
countries, according to cable TO the Trade
640,0o0 Traders who bought corn early on
the dips in most instances TOOK Profits
around SIPS for May: This was taken
ing timidity among holders and an inclina-
ton to be satisfied with small profits.
late advance despite the increase of 252, 600
in local stocks last week. Country hold
little corn here yesterday and purchases
for immediate shipment were at cents
under the spot price. A feature of the
provision trade is the continued large eS-
ports, with plenty of stock back to supply
the demand for the time being at least.
Buying by BROKERS credited to a Milwau-
kee packer had u sustaining effect on
values. A better feeling in lard and bacon
exists in the, United Kingdom Examiner
says some houses were advising sale of
July corn and purchase of July cats. The
United States department of agriculture in
a special article sent broadcast yesterday
urged farmers to get ready for early spring
planting and to seed goodly amounts of
corn. Buenos Aires reports strike there
still being maintained. Sterilization of
commodity values by the government is ex-
pected to have an indirect effect on grain.
price and mild winter than for my other
reason. Stock corn in public elevators in
Chicago Saturday night aggregated 261, 600,
all contract including 5000 No. 3, increase
for week $4,000. Oats 1,516,O0, all con-
tract with the exception of 1000 bushels,
increase 154 ,000
New York, Feb. 25.-The Financial News
Bulletin: STOCKS-A continuation of tao
tics seen in last few days is expected. Some
specialties are still pointed upward. Good
rich Tire and Rubber has not been neglect
ed in the past few weeks by wealthy in
terest that have been accommodating the tire
securities because of prediction by high
authorities that the current year will ex-
pand consumption 80 per cent over 1918. In
active channels there is very confident
bullish sentiment observed with regard to
American Locomotive, Railway Springs, X.
i. c., s. P. and Rubber. 1t is limited that
the return of Wilson will be made use of to
boom inter-marine shares the theory
that the deal to the British ships will
be announced. Particular attention is be-
ing directed by active market circles to
the attraction of the Philadelphia stock on
surprisingly large earnings. Bullish gossip
noted on U. c. S. and Westing house.