Show THE WHEAT MARKET at the oloe cloie last week december option quotations quotation made mada a now BOW record at fractions fraction wore were taken from tho the price each day until the malino ended on wednesday at 65 55 IQ in tho the time spot pot trading bad been insignificant although the price sias so low hut but some activity appeared oo on wednesday when with ao an already week weak enod market tho the report came that a kroml bent had bad rejected wheat purchased husel for a liverpool contract because of its bad condition the thought ot of wheat lu in this market broke prices and abd the cash canti quotation tell to M 1 C w which aich la Is a quarter below toe the former low record mace maae on july iyih s th tle tf 0 phenomenally low figures tomo some buying by speculators anti anil ut the ati ahmo time lime it leaked out that the ladi vidual who rejected tue wheat bad been a buyer at tho the decline tots traders that the boilon action had bad been taken merely to influence the ibo market and doubt being re moved regarding the quality of the wheat on hand band thora there was a prompt return to former me r quotations A low fow traders wh wai lost boal alio alie mchome but as a this particular kind of manipulation was rathor rather now BOW to the members instead of condemnation tile tho prevalent wal wai rno of atthe at abo hoax hosi tho The crop outlook la in this country remains unchanged while the prospects for the british yield aro are less ICIB hopeful because ol at a su ulass september accord in e to the london review |