The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1921-04-14

Here Is a strange price condition,
one that you would scarcely expect to
see in a thousand years. Cash rye
brvusht to 5 cents more per bushel
on the sample tables at Chicago on
Tuesday than did No. red wheat, the
latter selling at $3.50, with rye at
$132h at the wind up.
And just look at corn Number ?
mixed at 54h. with May corn making
a low Of 56h on the day, and July
down to 60A. The striking fact in this
report Is that these prices are the
lowest reached since April 1918. May
oats struck 35H, a new low on the
crop. Cash oats were selling at 37A
for No. while. Flax struck a low of
$3.50 in the cash market.
Hogs Below $500
Bulk Of hog sales on Tuesday
ranged at 500 10 1910 and the general
average price on all weights, in bulk.
was $50, or $3.50 below the high
point average" price of the year in
March A few lights made a high of
1925 and were bought by shippers.
Hog prices were the lowest in five
years, or since February, 1916. The
same Is true as to hog products and
all meats at wholesale, in the main,
however, much we have to pay the
butcher for them. Hogs chirked up =
bit on Wednesday, as our market page
showed.
Grain Continues Its Decline.
But If hogs stiffened in price on
Wednesday, grains continued to de-
cline May wheat struck $1.21A for
low May corn broke 2 cents to 547s
at the low and May oats 2ss cents to
34h at bottom. Today's market re-
port tells its own story for compari-
sons. 1t is worth while stating that
May corn sold at $1.17 and May oats
at IS cents one year ago on this date.
Selling In the Southwest.
Gulf ports have done 4 tremendous
export business on shipments of south
western grain. Farmers have been
gradually letting go as prices declined
and their shipments have gone to the
gulf and not to the north or east for
shipment,
The price of wheat having declined
sharply in Spain an import tariff has
just been put on both wheat and flour
and is Immediately effective. except on
grain already contracted for in this
country.
webster Farmers meet
The farmers of Webster will meet
at the school house on Wednesday
night, at which meeting Horatio King
a member of the legion will show wal
views taken in France, using a steri
opticon.
The folks at Abingdon are anticipat
ing a good crowd at the meeting al
the school house on Friday night
The farmers of the township are eX
pected to turn out to enjoy the wire
less phone program put on from the
Palladium office. and the other exer
cises Of the evening.
Bermuda Onion Prices Lower
Although a production of only 5,9OI
cars of Texas Bermuda onions ha:
been forecast by the bureau of cror
estimates compared with an estimat
ed output of S,642 cars last season
from the states of California, Louisi
ana and Texas, the first car to reach
the wholesale market in Pittsburgh
sold at $3.50 ana $500 per crate com
pared with last seasons opening level
around $3.50.
The demand for Florida cabbage
seems much lighter than last year and
prices are ruling lower. The ship
ments to April 1 were more than
1000 cars under those for the same
time in 1920.
South African Wool Sales.
The British government has offered
1884 prices for 100000 bales OF
South Africa's accumulated stocks Of