Ogden Daily Standard | 1914-05-26 | Page 4 | Chicago Grain

CHICAGO GRAIN Chicago, 111 . May 26. Although the wheat market took an upward slant today, the advance waB not held except ex-cept for May, In which trading lacked volume After opening unchanged ; to 7-Sc higher, prices lor deferred options receded to slightly below last night's level. Corn rose on account of coverings by shorts, who found offerings light Quotations reacted though. when wheat began to sag The market started unchanged to 1-L'c hipher and made a further gain before there was a decline. Continued dry weather and increas Ing complaints of damage ga'vo I strength to oats Profit taking by longs served to check the bulls Provisions averaged lower with hogs. What support there was came chiefly from packers. Pronounced weakness followed the result of estimates that the Kansas wheat crop would amount to as high as 150.00fi,000 bushels. The close was steady, 7-8c net lower to 3-8c net advance. A decided setback in corn ensued owing to more liberal country offerings offer-ings and because of Argentine ship pen; renewing efforts to get orders The close was easy and steady, 5-8 3-4c net lower to 1 4c advance.