Show RALLY RY FOLLOWS CORN DECLINE U. U S. S Grain Corpora Corporation Embargo Enl Em- bargo hargo On Shipments East Affects Oats Oat Chicago Aug 30 The Tue The corn cor market maket toda today opened with wih lower prices the September article losing losing an outside of or 2 cen cents tB Tho The Initial decline was as quickly followed followed fol fol- lowed by b a rally raly induced by shorts buying to cover er co and September corn torn sol sold at 3 cents above c the tho low point Tho The deferred deliveries del erles declined and rallied In narrower limits affected b by bytho tho tIe same conditions Corn opened Unchanged unchanged un un- changed to 2 cents lower with September Sop Sep tamber to 1775 a and d December 1381 to lo In the tho t hour prices showed a a tendency to steady at about opening figures for the distant months with wih September fractionally higher than the opening opening point The Tho embargo against t shipments to Atlantic and golf ports porta announced by bythe bytho bytho tho the United States Grain corporation seemingly affected oats moro more than I corn Tho The suspension of or shipments the announcement said sall was only tempo tempo- I Oats started unchanged to i 1 lower an and under some liquidation pressure pressure pres pres- sure dropped to about 1 cent below I yesterdays yesterday's closing point September showing relatively greater strength than the distant deliveries doH Opening prices were September 70 02 and December De De- camber cember 7 to 74 H. Provisions were rather dull Pork opened unchanged and lar lard and ribs at a advances r of from 23 to 53 3 cents The Thc upturn In live l e hog hor prices s. s which wa was most mONt pronounced In the packing grades had little effect on the grain tra trading nl at the thc outset Cash grain and provision quotations foil follow fonow ow Corn Corn o. Cor-o. No 2 mixed No o. o 2 yellow Oata Oats Oats- Oats Xo o. o 2 white whito nominal No S 3 white 71 Rye Rye Rye- No o. o 2 Z 1413 Barley Timothy Clover nominal Pork nominal nominal Lard Lard 2767 Ribs Ribs Ribs- 1 2225 Future Futuro grain and provision prices range con Open II High h. h Low LoW Close Sept 1 76 1771 D Dec e. e 1381 1382 1 6 1362 OATS OATS OATS- Sept 0 O 6 69 69 Dec Dc 72 72 74 7 2 72 PORK PORK- Sept 0 0 Oct 2737 LARD LARD- LAnD Sept 2815 2815 2767 2767 Oct 2790 2810 2762 2765 2766 RIBS RIDS RIDS- Sept 2 2220 1 2220 O 2180 2187 2187 Oct Ocl 2237 2237 37 2192 2197 19 I |