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Show -mm s oo 2jM SIGNS OF DECREASE IBwi IN WHEAT SUPPLY 3 gjra-- Chicago, Jtine 19. Signs of n de- ffil crease In tho United States visible WSmm'i 8upply gave the wheat market today iySj ) n quick rally. Prices at the outset jSfl ' were easy oil account of favorable crop reports from Russia and because be-cause of liberal offerings from that country. World shipments, however, hud dropped below estimates, and there was a liberal falling off In tho amount of wheat on ocean passago, accordingly, when a couple of leading lead-ing concerns began buying, pit traders, trad-ers, who earlier flocked to the bear sldo, executed a suddon change of front. The opening was l-Sal-4 to 3-4 I down. July started at SG 1-8 to SO 1-4, a loss of 3-S to l-2c, but then rose to 87 1-4. Scarcity of sellers made corn strong. Forecast of hotter weather discouraged any attempt to raid tho markcL September Sep-tember opened nnchanged to half cent higher, at 55 7-S to 56 3-Sc, and climbed to 5C 1-2. Oats advnnced promptly in consequence conse-quence of general commission purchasing. purchas-ing. Offerings wcro light. September Septem-ber started 1-S lowor to 1-4 up at 39 to 39 3-S and mounted to 39 5-S . - Provisions held strong. |
