Ogden Standard-Examiner | 1924-04-27 | Page 28 | Wheat Market is Showing Weakness

WHEAT MARKET IS I SHOWING WEAKNESS I cm AGo April 26 Wheat has made ne nerous OilS changes change In I price this week according to the outlook for farm farni legislation le at atI I Washington The Tho final difference that however wn WILt was small the tho wheat hlat market markU this morning with stith II a a week weel ago arl d from Ac c net 10 loner r to c ad- ad advance advance ad advance vance with corn c to 11 0 do n it oats unchanged to i so c coff off and provisions at to decline General acceptance of ot belief by wheat traders that In some somo form the McNary McNary-Haugen bill would become a 0 law was followed by I a prevalent opinion that the mas m as- as asure ure as-ure ore ure would bo be Indefinitely post post- postponed postponed post postponed or defeated outright Then camo caine a a sudden announcement that the bill had hl been favorably re- re reported re reported ported by hy the house I committee Before the wheat pIt i could again readjust Itself another Upset took placa 0 owing Ing to word I that the Caraway bill to prohibit trading in futures had been placed before the tho senate I A further weakening influence wa vat an estimate that bushel of wheat heat would I h be carried over into the new cro crop seaon Progress of corn planting to- to together to together gether with evidence of Increased to-I to acreage tended to for force e the corn market marlet doII down do II Oats were acre ere relative I firm influenced by scarcity of of- of offerings of offerings With port export trade trado only nom and nd with hog ho values unities 10 lower er the provision k t underwent a sag gag