Show ARGENTINE ARGETINE CORN AFFECTS MARKET Sharp Declines in Value Barley Barley Barley Bar Bar- ley and Rye Affect Maize Chlea Chicago March 27 Weakness Weakness de- de ce- ce In tho ho corn market toda today largely an as al a result of or sharp harp declines decline In iii the value of or rye and barle barley and owing to r reports port that Argentine corn was as being bought bought to come to this countr country The close cose wa was heavy Sc c to toJ J n net t lower Hh May Ia at 1 t to 1481 arid and July to 1371 1374 37 Oats lost He Ite to and provisions ions to l loc lc C. C Bearish sentiment which dominated tire Ure corn market during the tho last hour was In decided contrast t with the fact tact that throughout hout the rest of oC the da day prices although nervous had shown gains The rallies were ascribed to a fm renewal of confidence on the part of ot bulls who had hall been Leen disturbed by estimates est est- esti esti- mates nates of a n huge exportable surplus In Argentina r and b by gossip gOBI that prices for the lie March delivery here had become become become be be- come ar artificial Toward th tho end of or the session however It became l e evident that tho lie larl market et a was overbought an and prices crumbled rapidly ly after aner rye and and ley had suffered br breaks ar varying from rom to Cc c. c It 1 was Bald said also that Argentina cargoes had teen en purchased to arrive arrhe both lothi at United States gulf gUI ports port as well nel as s New frk ork Oats gave e a way with will wih other cereals cereal and because JeCa 6 of ot expected rapid seeding Provisions descended esc n ed with corn Packers sold were Cash corn and provision ton pro quO quotations I Corn Corn Corn- Corn No o. o 3 I yellow low I 39 J No o. o 4 yellow e 1 0 1 15 SI 5 t 1 8 No o. o 5 yellow lr 4 tl 55 Oats Oats o. No 3 white eloW Zi standard 7 0 Pye Rye No o. o 2 2 Barley Borle 1 OS 18 18 Timthy Tim Tim- thy 00 1 1000 Clover Nominal Pork Nominal Lard Lard 2800 8 00 Ribs RIbs RIbs- 2550 ft 2625 Future louture grain and provisions pro ran range e CORN CORN- Open HI High h. h IA Low Close May lay 1491 14 July 1St 1401 13 1717 OATS OATS OATS- OATS May Gi July t 66 62 63 63 POR PORK PORK- I May 4 0 4 Jul July LARD LAP D- D HS May lay 2800 O 2790 r. r 2790 22 J u I r. r w 2742 w w 2757 u 7 2737 wi 2727 2737 I Ti RIBS 1125 May 2480 2455 f. f 2475 2478 2485 July 2373 2375 2375 75 2375 7 2375 COTTON Co MARKET ARliE York March hard 27 Spot Spot cotton Steady S. S 2530 30 0 t clo rIo oil eO t fen fen- lt ci points off from tb U the s bt Indr t ed hay old 29 new 1475 t. t S Jol July c old 01 2215 1 nw 2232 01 old 2037 3 new 2989 S December non 2949 Oc January 1 sew t 1 2055 5 |