New-York tribune., 1920-11-13
Wheat Again Sells
AtNew Low Levels;
Pressure Renewed
Withdrawal OF British Com
mission and Sleek Niarkci
Weakness Are Factors ia
Causing Lower i'rices

The wheat market was again under
heavy pressure and prlccs uecilncd to
new low iNcolds, cios.ns W@tn partial
rally, bat at "a to 1euts unuer tre
ina OF Thursday. Private caoies 4ron
GYat Brit.,ln SAID mat lus Dl4tl.4.
commit sslun was out OF the n.rnct AID
lntlmated that they wound not con
slider purchases az ano.e than 30 ceuts
a bushel unuer the ngUres at Whicn
sales were MADE on " ~uncs4Ay.
Continental countries, including
France aad lta4y, were good buyers
during the cay, with sales cstina le>.
at from i,oUU,oO0 to 5000 600 ousnela,
but this demand iallcd to br4ng aDout
more than moderate rallies. There was
an evident lceIno ot AerNOuon, rs Il.
the malAol oVcr nnaholu conIltioAa,
and rumols irom lhe west sad tn,,J
country banks mad made unsuccess.N4
attempts to secure ADDITIONAL 1unda
from the central banks to extend the =
credits to farmers.
The weakness IN Wall Street con-
tributcd to tne general leellng OF pes
simism and there was an absence oI
confluence on tne buying SIDE, wltis
little demand aside from covering and
buying IN OF contracts against cXpoiV
operations.
Casa markets. however, showed a
certain amount Of STABILITY and cash
premiums We're Signify higher. Flour
prices were 1urthel reduced about 90
cents a barrel and icadlng commercl al
grades were obtainahle al s.. 20 a bar
rel. Whi.e sOnlc OF me Dig oaN.ng cvui-
tries announced their intention OF re-
duclng the price OF bread.
In the local market No. 2 red and
No. hard were quoted at 500 c. i. /.
New York.
The corn market shared the general
decline in other commodities, and
prices were at The lowest point of tnc
season and consequently at the lowesy
figures experienced Iii the last three
years. Receipts were again OF mod
crate proportions, but leading cash NnO
elevator interests in the West sold
freely throi.hout the day.
In the loca! cash market No 9 yellow
was quoted at Sl.ooHA No. 2 mixed
S106% c. i. f. New YORK. ten days
shipment.
Yesterdays Previous Year
no, Ne" ysiow neS sii0SSss i0Ss .los. S'Sss sss. @SS
Chicago:
psss"0sf p ..'.~~ .57ts ~. l.ao4
My ....-........ .'sA ST.. rs
Oats--rhe oats market was weak al
range than either wheat or corn Com
mission houses sold on every bulge, how
ever. and there was little in the situaitou
10 AttrAc, new buying. In the local casn
market prices We're easter. No. white
SlStsd %S,ts $50 s e'o' a,,s wnits S9,.c No
white. s3lscW &C. all elevator
Yesterday Previous Year
Nsw tork' close close. ago.
No 3 white. .o2i2 .sS 81
Chicago.
nsssm0sf a.y :.::... AZ. a.. .%,. t .gIn
Ryc-Market easy.
Yesterdays Previous Year
New York; CLOSE. close. AGO
NO. Western $l.7oh sl77s. sI.s
Flour and Neutrality-suspicious. were
Spring patent.
$s.2oWl0o0 $9.T5pl025 sl276
::soY a.7s 2.5Ow z7s s.7os y.st
$3.50 80 s.750 40 7.oO@ "a,
Bran N.o0 +400 4s0O q 40. oC
Livestock. Meats. Provisions
Yesterday. Ye4rago
prime. 100 lbs. sll.6og15.oo sls.oo@i,s 81
Drssee d beef,
sides. ID ..... .Ib8 20 100 81
Live yealA COM
mon to prime.
pressed veal.
city. Id. ...... ,240 81 .24aD .3s
ID. :.......... s.Sc0 700 0oog s5c
city: 10; ..:... 100 10 1og IL
Live lambs. fair
TO prime, 100
Dressed lambs % : ''''
Hogs 100 lbs. ls.50SlA5O l4.5o@ls.oo
Dressed hogs
bacon. 10; .?2g.22A .alh @.227s
Mess beet bbi. l900U20.00 25.O0a 26. 90
Lard. Middle
west. 100 ibs.. ls2S0ls.ss 1850 v'2s, 90