South Bend news-times. (South Bend, Ind.) 1913-1938, 1919-05-19
BEARISH TONE IN
GRAIN MARKETS
Completion of Relief Program
Abroad Will Ease Strain
in Prices.

Despite erratic gains bc5rish fee'-
ing is predominant i'm the grain mar
kets and the prospect is for modIH
cation OF The upward movemeu.
which has distinguished trading for
some months Government decision.
announced 10y Julius Barnes 20 hold
No. 1 northern wheat al S2.45 after
May % I'm limited quantities. and
wheat flour az s1l50. viii hold OIL
crop wheat IN check ana further
rises are improbable Likewise tho
tendency in hogs is downward. and
recent levels may not soon again De-
reached
Completion or the American re
lief program abroad viii stop gov
eminent buying Of wheat -four and
ease the strain on prices JuliH-
Barnes predicts regeneration Of Z"
~opean agriculture and slowly dc
chninE food demand. accompanie'
bv falling prices. Meantime foo0
stuffs rise. Bradstreets index Ma-
10 was s.. as compared with f4.e'
the previous week and sf.f2 year
ago. Legislation is expected 90
regulate the future importation and
exportation foodstuns with "a partial
view TO curbing speculation. 10 VIII
confirm the government rain
ing attitude, which finds expression
i'm the importation OF 100000
bushels Of wheat from Canada pro-
posed.
Canada's Condition Favorable.
Canada expects 90 raise crops ths
year equal % the year precedin-
Farm work has progressed favor
ably. In tho United States seeding
OF corn is being pushed Nigorouslr
and the reports are gratifying Cool
wet weather delayed wheat anal corn
planting and the season is late.
throughout The northern states. Oats
news is good Conditions in The
south are excellent.
The present will be year OF road
building aided hy federal appro
priation The good roads movement
grows stronger yearly. not unrelated
70 the farmers growing use Of motor
trucks and automobiles. More than
$500. 600. 600 will help 10 knit up city
and country. Present road enthusl-
asm. if maintained. viii effect YER
table transformation of American
country life not only on the main
well-traveled highways, but i'm every
nook and corner OF the land
nIinoiSans Disappointed.
Illinois farmers are disappointed
by the failure 20 pass or the con
stabulary bill introduced in the state
legislature. Rural districts need
protection more today under the aa-
normal conditions war has left than
ever before I.abors fear that 90
constabulary would Zoe turned
against it is natural but represent
only the viewpoint OF a class.
Extending the idea OF David Lu-
4 bin. the peace conference has de
cided 10 incorporate an interuauonaI
agricultural league with headQudr
/ tiers at Rome as part OF the League
Of Nations Il fill give the farmers
a status identical with the bankers
and their economic council and la
Dor with its international board IT.
is planned 10 have a committee that
will guard the farmers interests. es-
innate. officially the worlds crops
subnormal acreage. establish quar-
tine. stabilize farm produce. ami
/ distribute information
Recent findings indicate that n
very large ma jority OF farmer-soI-
diors are returning 10 the land. and
do not succumb 10 the lure OF the
. city Earlier doubts are removed.