Show CORN iCORN SETS CEREALS PRICE PACE IN CHICAGO Demand of Distillers Factor in Sending Prices Skyward By Associated Press Pres CHICAGO July 7 or Corn Corn has eclipsed all other commodities in the last week al as a a breaker of ot high price records Every session of the board of ot trade beginnIng beginning be be- beginning ginning with wih Saturday witnessed the reaching of a new top level of ol values Scarcity of immediately available supplies urgency of ot export call and eagerness of distillers to buy while the manufacture of ot whisky was yet possible were among the chief reasons put forward to account for the tIme zenith flight of dt t toe the market Compared Compared Com Corn pared with a week ago corn Quotations this morning were up to 8 SUf c. c wheat gained 10 c to lie lic oats finished c off of to lc advance and n provisions 0 S E showed I a iO Js rise varying 1 from 0 2 l c to 11 1 It was waE only through the withdrawal of exporters from the market that the advance advance ad advance ad- ad vance of corn was finally brought to at least a temporary cor halt hal The chief single domestic Industrial purchaser simultaneously simultaneously stopped buying and aggressive bear pressure was also alo brought into play Action of the board of trade directors In lii II Acton forbidding all al further new business Inthe in inthe inthe the July delivery not merely failed to check the runaway market but instead made the stampede more complete Total Total Total To To- tal absence of any deliveries of ot corn here hereon hereon hereon o on July contracts did much to emphasize the tightness of supply and demand conditions con con- the stock of corn In Chicago having dwindled to bu bushels hels Besides Be Be- sides aides there were authoritative reports current that the growth of the 1917 crop was seriously below normal In some of the most Important producing states slates Wheat developed some independent strength although hoisted mainly by the skyrocketing of ot corn Hot winds In the Southwest lack of rain in the Dakotas and Minnesota and frost from damage damge In Canada but r nothing do ha all tended enlarged to th the lift volume o wheat t of of prices business bustness bust busi ness In the face of expected speedy complete complete com corn government control of ot the market Government crop prospects kept oats oate weak Provisions ascended with wih hogs and corn |