The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1930-02-04
WHEAT PRICESF FALL !.
TOLOWESTL EVELN
! SEASONS DECLINES
Chicago Market Crashes Down
ward After Early Rallies
Fall IS Hold

Chicago. EeO: - r.yv ~,
nrice records for the season. wneas
fcSsv advanced during most Of tine
dsy. especially In the late deaIimgs.
Active buying on p.rt o. a. 'e .s..r
t;ons that iii 6esrish factors =: 70
,vHsst he'd been discounted, and that
the annual crop scare period ~ JUS
ahead. Complaints regarding 81
oYtioek for for the he. new rsce rS%et teS.y wi from
coorsrative organisations with Soy.
eminent backing were. credited win
big buying, about :60 carloads o.
wheat today. 1T the various 'ead'"s
wheat closed firm. 1 lac to I 7:sc
a. bushei higher than yesterday: I'm
ish. March lis to Is: May liz 90
to 81: July IL ~ to 20 ~ Re to 2 s.sc
.dyS rS cMarch IS s.s to l-2, May
81 rs to %. July SO 3-4). ...,-
oats Use 20 ! 1-sc up. and provl-
sions unchanged to a rise OF l0c.
May and Juay corr so Ia. al ;hs = m msw
later ON account Of short covering.
Oats were easier early, but. 1lrimer
later. sympathtsing with other gram.
inr TO an increase Of only b:4oo. 900
lbs. in western lard stocks for ING
last month, compared with, 44,20Q.0oo
lbs. increase last year. 49,.
c%ontrsstins with h early sSnarDiiy to- to.
day after the Liverpool market show.
ed a setback at the close there. ~
first, buying here. and AZ
vances in price q resulted from .nc
ooked for rise Of wheat values AT
liverpool were reports Of an tmprov:
ing cail TOR wheat fro., Canada ann
tho United States. with ArgentinS
wheat in less request th ano CHEAPEST et
wheat available. Then, came an
nounccment that the Liverpool! al
vance had proved unetabie. ana VIZ
Chicago market crashed
more than : l-:c q bushei N a Few
ON the downward swing OF the Chi
cago wheat market today: all future
deliveries fell below any price Level
heretofore reached this season., ns u1y
simultaneous with. the new break IN
values was word that the cooperativs
allies Of the federal farm board nae
modified their bids at. MINNEAPOLIS ~
,nnt no or W"in' or Otherwise inferior
would he accepted. This apparently
would exclude Il large percentage OF
country run wheat. and wouIq meAu
that large shi pnrsn we, ss1 Moe1d l mes'
country VVJIIo N&Ss
with a shrunkcn market. -,
Corn prices today showed relative
fjrmness mucl, Of the time. as com
pared with wheat. a good shippins
demand here for corn was IN '
ed out that with the corn visible up.
pjy III, 600, 900 bushels less than las
wear. there arc no burdensone stocks
al primary markets. Arrivals OF corr
in chic.Se. today totsled lss ~, caf -,
cars at this time last year. Is
MINNEAPOLIS WHEAT.
STAG;ES SMALL ADVANCE .
Minneapolis, Feb. f;,Mn ron},o1;a ~,
markets were nervous rS w %GreHs" fStu re,
fiuctuating widely and finally fin
jshinC The day with a small net al
vance. May closed l 3-s cents nigner
!. Receipts OF more than 800 cars were
+. blamed for the selling; ~.,. "a.
followed the general trend after
minor reaction at tho start. Ry.
started higher. reacted slightly. Nlel
rallied L. cen on short covering
Commission houses D1nYht ,,, ba hiei!
advancing about l cent
The National Grain corporattonttoo!
most OF the cash wheat offered. MI
BUYERS bid IA to l.? cent over Tn
government price for fancy pus ta,te'
even better quotations. Winter Dc
mand was steady. Durum was soil
mostly to tho corporation.
Cash corn demand wal quiet u
slow at barley steady prices As CON
Steady on light offerings; Rye bid
we're hardly strong but demand va
fair. Barley was quiet to fair. Fra
Mas narrow and quiet.