Salt Lake Tribune | 1919-05-06 | Page 7 | Canadian Grain Bars Lowered

C1II GRAIN BAHSLOWER ED Barnes Announces Boarcl Will Buy Some Wheat From Dominion. MIXNKArOl.lt:, May 5. President Julius 11. Uariitia of tho Fulled Slates grain corporation announced Into today that i courts that tho corporation had purchased I'iuK'O.OOO bushels of wheat from Canada wore untrue, but ho re-it re-it oral od tho declaration s hich ho made earlier today that arrangement; had bet? a nuulo lor tho purchase of ;v "moderate amount" of wheat from tho Dominion. Ho declined at this t inio to issue a do-tailed do-tailed statement iv;..rding tho prospective prospect-ive pureliases. Mr. Humes is holding conferences with millers hero today. He stated the details womd bo announced shortly a nd added t hat tho corporal von "does not want to bring in an amount of wheat that would endanger tho balance bal-ance m the I nued Stales." Conferences were, held w ith millers at one ir.ee tins and pram men at another gathering. Ban us stated, between con-lerences, con-lerences, that a moderate downward re-vis.on re-vis.on . m prices of foods tuf is is ant ici-pated, ici-pated, and udtled that sui tic lent wheat is available to keep the pr.co of Ilour l i v m soaring above $ I - n barrel. Ht added, however, that no radical price revision re-vision can be expected until tho American Ameri-can export demands are greatly reduced.