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Show FMS HOLDING THEIR WHEAT CROP FORJ? A BUSHEL Europe Buying All Grain Offered and Dollar Sack of Flour In Sight Chicago, Jan. 14. "Exports to end soon," was tho cry that today sent wheat llmg up almost out ot sight at $1.1.-1 3-8. Rakers threw up their hands todny nnd declnred the battle to maintain 0 cent bread was losing ground Flour which formerly sold at retail at 70 cents a sack went today to the householder at 00 conts. Tho dollar sack wus said to bo In sight. FIv0 governments of Europo wore represented today to bo actively in the wheat market on this side of tho Atlantic, In addition to n larger num bor of Individuals buyers from foreign for-eign fields than over before known. Tho result was figured to bo export ation at tho rato of 8,000,000 to 10, 000 bushels a week. While the wheat market hero was In a blaza of excitement the minor-Ity minor-Ity or farmors who still own wheat were said to bo in many cases hang-Ing hang-Ing on for $2 a bushel, Just twico the general ideal under normal condl tlons. Approximately 25 per cent of tho 1014 crop Is estimated by ox-ports ox-ports to b0 still In tho hands of farm-eis farm-eis In general tho men who havo sold out their grain n-o tho renters nnd those who needed tho money to meet notes nnd to pay mortgngo Interest. In-terest. Thosotwho havo hung on aro tho men who can afford to wait. Tho governments, which as dlstln gulshcd from Individuals aro direct purchasers In the United Slates aro tho Swiss, Greek, Ita'lan, Dutch nnd Ficnch . So far tho British govo-n ment has done nothing as n goven-ment, goven-ment, but Great Britain's food supply is said hero to bo down to a sixty day bnsls, nnd If Great Britain as a government should enter the market tho result, in the opinion of Chicago experts, would bo hard to foreseo. |
