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Show LIQUIDATION SENDS CORN PRICES DOWN Weather Favorable, anrj More Peace Rumors Used as Bear Arguments. CHICAGO, May 1. Corn prices tumbled tum-bled today owing to general liquidation brought on largely by reports that the east was offering to re-sell cash gram and by fresh gossip regarding peace. The market closed weak "at the same as yesterday's yes-terday's finish to 2c lower, with May and July $1.40 to J.1.45,. Oats lost Hi to 1341C. in provisions theie was an advance of 12 to 40c. At the outset, new developments toucn-Ing toucn-Ing peace efforts gave considerable impulse im-pulse to selling of corn and so, too, did warmer weather that pointed to increased in-creased planting. Assertions later that receipts at Kansas City and bt. Louis would be light from now on. led to a moa-erate moa-erate rally, but before midday the sellliv, broadened again and weakness became acute in the last hour. Optimistic forecasts fore-casts of a huge wheat crop this season appeared to have a good deal to do witn the readiness said to be shown by the east to dispose of holdings. In this connection con-nection there were likewiso reports that big quantities of Canadian oats were headed to the seaboard. Oats were ruled by the same factors which governed corn. Provisions wont upgrade chiefly on account ac-count of knowledge that May deliveries of lard, aggregating 1,000,000 pounds, had gone into strong hands. RANGE OF THE LEADING FUTURES. . Open. High. Low. Close. T. it-mi h-21 I'27,4 ,,-27 July '.. 1.18H 1. 45H 1.45 Oats-May Oats-May 7914 .80H .77 -77 luly 71 .71T4 .68 .60 Pork W May 45.90 45.70 4u.(o July 45.40 45.75 45.40 43.65 Lard-May Lard-May 24.60 25.00 24.60 21.7! July 24.97 26".35 21.92 25.10 Ribs-May Ribs-May 22.55 23.00 22.52 22.75 July 23.22 23.72 23.22 23.47 CASH QUOTATIONS. Corn, No. 2 yellow. J1.70; No. 3 yellow, J1.550 1.60; No. 4 yellow. J1.48O1.S0. Oats, No. 3 white. 81082fto; standard, 81S3c. Rye. No. 2, nominal. Barley. J1.401.7S. Timothy. J5.00&S.06. Clover, J1S.002S.00. Pork, nominal. Lard, J24.72. Ribs, J22.1222.75. |