Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.



DEALING TN "FUTURES." NEW YORK, April 16. Mr. Scott, chairman of the Committee of Agriculture, has introduced a bill into the House of Representatives at Washington prohibiting dealing in "future" wheat, cotton, and agricultural produce. The Chicago wheat market was demoralised to-day, May wheat slumping to 1 dollar 26 cents and July to 1 dollar 14 cents, until 15 minutes before the close, when Mr. Patten furiously bought 3,000,000 bushels. May wheat subsequently recovered to 1 dollar 27A cents, and July to 1 dollar 153 cents. Enormous business was transacted. STRONG MARKET IN LONDON. (Received 8.30 a.m.) LONDON, April 16. The wheat markets are strong and animated, despite the large quantity afloat, and ample immediate supplies. A more active demand exists for cargoes, and sales have been made at 44/- and 44/3, holders being very firm. Parcels | afloat sold at 4rt/3, and Australian spot 40/-. Beerbohm estimates the shipments for the next four weeks at an average of 850.000 quarters weekly, whilst requirements may easily amount to 1,150,000 quarters, owing to the very large demand in England, Italy, and Germany. There is an excited market for flour at a general advance of 1/6 to 2/. Adelaide April and May shipments sold in Glasgow at 34/- landed.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

Bibliographic details

CHICAGO WHEAT MARKET., Auckland Star, Volume XL, Issue 0, 17 April 1909

Word Count

CHICAGO WHEAT MARKET. Auckland Star, Volume XL, Issue 0, 17 April 1909

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.