OCR Text |
Show HEAVY SALES IRK ODIN MMET DEALS CHICAGO. March 4. Possibilities of government gov-ernment interference with any activity agaluBt lower prieoB for food brought about fresh breaks today in the corn market. The close was nervous, at the same as yesterday's finish 1 to 2c lower, .with May at 91-35 to 51.35 j and Julv at SI. 20 V. to SI. 29. Oats finished fin-ished unchanged to a c decline, und provisions) down 37c to $1. j Corn started sharplv lower, and throughout the day there was heavy selliug on all upturns. up-turns. Knowledge that a meeting of packers with representatives of the food administration was in session here and that hogs prices were being be-ing discussed gave special point to reports that there had been authoritative intimations given showing It apparently would be well for bullish traders to slow down. . The fact that some plants of a leading corn Industry bad closed or had reduced their out- : .put tended furl her to depress values. Tran- sient strength, however, resulted from an ad J vance in Argentine freight rates. Definite , word of a prospective radical cut in hog prices did not become public until after the corn market had closed. Oats chiefly reflected the action of corn. Provisions were governed by the bearish stand ascribed to the food administration. Gos- sip was current, however, that semimonthly stocks would show important decreases. CASH QUOTATIONS. Corn No. 3 yellow, $1.451.47; No. 4 yellow. yel-low. $1.421.43; No. 6 yellow, $1.39(5,1.42. Oata No, 3 white, 60Glc; standard, 61 62c. Rye No. 2, $1.49. Barley, 87ffl)8e. Timothy, S7.0010.20. Clover, nominaL Pork, nominal. Lard, $26.75. Ribs, $25.00(5)25.50. RANGE OF THH LEADING FUTURES. Open. High. Low. Close. Corn Mav $1.34 $1.36 $1.33 $1.35 Jufv 1.2S 1.30 1.28 1.29 Oats May 61 .82 .61 .62 Julv 60 .01 .60 .61 Pork-May Pork-May ... ...44.00 44.40 - 44.00 44.00 July 41.05 41.55 51.05 41.10 Lard-May Lard-May 26.65 27.30 26.62 26.62 July 26.10 26.47 26.07 -26.10 Ribs-May Ribs-May 24.27 24.57 24.27 24.27 July 23.02 23.45 23.02 23.02 |