World wheat markets during the week of report have been more or less erratic. After the tremendous decline in" Chicago at the end of last week the wheat market United States has again recovered. 'The U. S. Government apparently ig doing everything—possible in restoring dhe high prices which had been prevailing and, at least temporarily, it appears that the efforts of the government, have been successful because during' Past week the market managed to Fecover to the extent of about 15 cents per bushel, bringing. when again above the $1.00 mark. The U.S. Government's endeavours ida regarding ser~ Tous crop "damages.
Business in Shanghai has again been nil. The mills do not show any interest for the time being.
Offers for native wheat are becoming scares, with prices advaneig. The best illustration for the nation is the prices quoted on the Shanghai Wheat "Exchange, these being about 10 per cent, higher for. delivery in. December compared with September Delivery.
The Shanghai flour market has been, steady. "Business been has Prices are unchanged.
An interesting feature during the week of report is the fact that several cargoos of high grade Argentine wheat have arrived. The wheat is excellent in appearance and the mills are very much satis-fled with it, 'The difference between thin high grade wheat which Just ind the low grade rived two months ago. tremendous and walls originally have preferrer to buy me superior quality ani accord pay a higher' price are. re-ing the full reward for their
Text read from the printed page and cleaned; old type leaves the occasional error.