OCR Text |
Show THREE GRIIS ) GET 5ETBAGK Profit Taking Cau.es i Price Slump j CHHAOt), Prat. M.whaai. or a ad I oatt an ondarwanl ft PAAWrtal artkoek 1 In prlra tA.iay. (twin tarpaly ta profit I taklna Mi n tha part of holdor and I b aia of moath-ant atttaman f rna-1 rna-1 trata. Tka wheat market eloood woak. I to l'o not Inwir, li'mbr l 4 I ) II tlH and May fl IIS la II MH I "tn flmahod "4 a kj to to down, oata. f S" In S oft and provlalnn varying A frnn In darllna t.t an i.itnt of If. . jf larth of aufflr-lont kaylna to abanrh S, f tho offering a In th whaat niarkot wa YJt l'lnt throughoat tha day. and ap r Dally dating. lha final dealing. Tha that tha l.lvrra-tol markot waa l, lar tanded tt rhack demand haro and f kalra pointed out that I piled Ptataa t vlaibio atfK-k ara larg. nearly doubl thnao of y ar aga. t'hlrago aiona hav-J hav-J Ing .in hand mow than Ik oOt ntt buah-f buah-f ohraa aiport claaranrea kav kori a'nallrr than waa tha caoa la at yar. te- f a airtea. It aa aald domeatta flour atocka m. ara larga and aalaa from mill far from brlb With th wanta of Pep I am bar W ehorta largely filled yatarUy. th mar' I bt failed to develop rallying power, and I l'aid at akout tha day a bottom laval. Increaaed hedging prooear at Win at- apparatly mora than toantarkal-anred toantarkal-anred tha fat that damaatl primary ra-rlpta ra-rlpta of wheat tday and for tha laat wh totaled laaa tkan waa th oao a eak or ay oar og-ex la tblo oaoaaatloa report wero rarren that a ge4 41 of ('a nal Ian wheat waa already being brought Inta tkla roantry. North l-kta l-kta In partlralar, and waa aompatlng with home grown wheat, deaplt tha g-laiing g-laiing t n, port riy, It cant a baahal. Notwlthotandlog aaaalv wet waatb-or waatb-or weat. corn and oat followed tha downward slid of wheat value. rrovtalon averagod a lltil oaaley la tin with th wheat market. |