Salt Lake Herald-Republican | 1920-03-28 | Page 32 | Car Allotments Bearish for Corn

I I I I i p I I I I j 1 l I I I I GAR CAR ALLOTMENTS I BEARISH FOR CORN Chic Chicago o March arch 27 Announcement that tho the proportion of cars cats allotted to wheat eastward from Chicago Chicago Chi Chi- cago caSo would bo be increased had a a aar bearIsh bearish bear bear- ar arIsh ish effect oda oday on corn The Tho close was wa heY heavy At t tho the same as a yesterdays yesterday's finish to C g lower with May ay to toI and aad ul uly 1 to Oats wore wor unchanged to lc Ic c higher hl and provisions pro pro- visions up jOc Oc to t COc GOc GOc It was d definitely arranged that 50 60 per pr cent cont of the eastern cars received I at at Chicago or would hereafter until further further notice bo be us used cd to load wheat Ina Inasmuch uch as this plan shut shutout shutout lout out any Imm Immediate prospect of a betI better better bet bet- ter tor outlet fo fort for coarse grain aln to tho the seaboard seaboard sea sea- board bard some weakening of the corn market was was natural Previously the trend of or corn quotations had been toI toward toward to- to ward ward a a hl higher her level during most of ot the session This was wa duo due chiefly to lack of ot offerings except at an advance Tho The fat fact tha houses with th eastern connections connections were cere purchasing rye re and wheat coun counted c also at first as an encouragement encourage encourage- ment meat to bulls buls in corn Sellers of oC corn however howo r were in a a decided decIde majority at atthe atthe at atthe the last Oats Oas vere relatively firm owing to seeding delays delaY and to closing out of spreads between Chicago and Winni Winni- peg per Provisions reflected an upturn In hog values together with a a little more moro optimism regarding exports Cash grain and provisions were V Wheat Wheat heat No 3 northern spring prInS f Corn Corn No 3 mixed 62 No o. o 3 yellow Oats Oats Oas No 2 white 3 I 95 c No 3 white 93 93 Rye Rye No 12 2 2 1 5 Barley Barey g I Timothy SC seed Clover cr Clo seed Pork Pork Pork Nominal Lard 2030 Ribs Ribs Q Quotations for futures were ere CORN Open IU High h. h Low Lw Close Cose May COIN COIN- l. l 1571 a 1553 1553 1551 July 1501 ISH 51 1498 Sept 1 1175 1455 14 6 J OATS OATS- I May OATS 86 SG July July 7 79 J 78 8 PORK PORK- POR- POR May 1700 37 5 July 37 5 LARD LARD- May 2115 2130 2110 2110 July 2190 2 2210 10 2187 2190 RIBS RIBS- Ma May 1905 1905 1917 1905 1910 July p 1 1960 60 1970 1955 1960