Show I GEADf AND PEOVISIONS Wheat Continuesto Lose Under Unfavorable Un-favorable Conditions Chicago Feb Apparently everything was against the price of wheat at the outset out-set but the prce nevertheless started quite firm Argentine shipments were tilC03 bushels wheat during the week against 40000 bushels the week precedIng preced-Ing and Liverpool was Id lower for spot wheat and 5cl lower for futures while outside markets all showed considerable weakness Owing to the sharp decline of the last few days a profltable shortage had been created which the more experienced ex-perienced traders tried to secure undercover under-cover of the bearish news enabling them to execute the maneuver without attracting attract-ing notice May opened a shade higher at 73e73 and as some of th bulls who succeeded In getting out near the top of I recent advance were ready to try another anoth-er investment May was bid up to 74 The market kept up pretty well for an hour and a half At the end of that time buyers buy-ers seemed to have enough but there I was still wheat for sale After dragging slowly for a time between 73 sGTVs the i market began to yield a little No sooner I hail the price touched 73U than everybody I I every-body seemed to have wheat for sale at once bo that from that point down to 73 I very little could be disposed of and not i until May reached 7258 did the buying become urgent enough to cause a slight reaction In the final dealings shorts covered I cov-ered freely and May improved to 7334 the closing price a net loss of oc The weakness of wheat extended to corn and caused a good deal of liquidation liquida-tion May left off c lower Oats followed wheat and corn May declined de-clined > 4C General outside liquidation through commission houses weakened provisions A good man stoporders were encountered I encoun-tered on the break and this led to sharp declines Pork lost 2y lard 10S1214 and I ribs 7c The leading futures ranged as follows Wheat Xo2 I Open I High I Low I Close May i 7327T71 7234 iiJS73 July 7171 73 ITOJit 7171H Corn No 2 IOpen I HighJ Low I Close May SJ3SV4j38V4 3 637 13j July i3WMf38 ½ Jg 4eSSS73t 5740J3S fecnt 39 J3 I 8 I 3S8 ISSifc Oat 02 lOpenIIilSh1LOWiClOse I I t I July May 128 282S34I2S tsm 1 J 12Y fI 1212 Y Mess PorkPer bbl I Open I High I Low I Close May1040 11040 1101734 l1020 LarPer 10 lbs I Open I High I Low I Close lay I 6 I 585 I 57254 I 575 Juiy I I 59 I 595 I S I short s-hort RsPer lOOlba I Openl High l Low I Close May 4 I 515 1 517 501 510 July = 525 I 525 Y15I Cash quotations were as follows Flour Dull and neglected WheatSpring No 2 C9S71 No3 spring C4ii70 No 2 red 714 7CU7 CornNo 2 20ji6M OatsNo Igffig No 2 whIte OY31 No 3 white J3sl30M RjeNo 2 0 Bnrlev No 211 to V Flux seed r < o i i n i TimothyPrime bSarrnel210 1 Mess PorkPer barrel l 1Ot101O Lard Per 100 pounds nJSgui1 Short RibsSides loose 4SO500 houl enDry waited boxed 4 2jO > 43734 Short Clear Sides Boxed 5105520 At hlsky Distillers finished goods per gallon 125 Articles IHec l I Ship I Flour barrels I UOMJ 10CM WheaL bushels I 200 30 he Corn bushels iGtOi5 i J Oats buhhels 240060191000 Rye bushels j2611910 Bare bushels 400JO 40 > 0 |