Washington, Oct. 10.
The American wheat bargain agreement, which will permit Ameri. abroad After having advanced more than Jone point the market suffered the evitable. reaction on Thursday "as it receded about half a point. Thereafter, it morely contended self with adjusting its quotations, fluctuating erratically during the the last two days of the week with Tittle headway la either direct In the course of the week's tr ing, Disbarsiment led the entire list immaximum fluctuations and gains, the former amounting to 1.60 and the latter 0.90. Total transactions were not heavy as there were only five trading days, the total being: Jabout 443 millions. Salt Revenue field top honors in the volume of turnover for loss, was signed to-day by the Secretary of Agriculture, Mr. Henry Wallace.
The agreement is an arrangement made by, wheat growers of the northwest who desire to sell their Surplus stocks to China, Japan of any other purchaser. It provides Se abroad a fair price in petition prevailing abroad. rice obtainable, however, will be low the pricey on American cash wemment places minimum prices in relation to the American Price but will reimburse exporters and pay the difference between sale Price abroad and the domestic price onthe day of the sale.
Northwest wheat states have a buat of i wt he oad fu Cun Yors possibly, some in Japan, "All of the wheat will be shipped 20000] frou Pacific ports x4 the agreeist is known asthe Pacite Mar. Keting, Agrecrsent. Some of sonnel bycway of the Banana canal expected reach European ports 3580, SSlo{o00 immediately' and fe is—understood ents are expected to begin £792 +020 100 1305000 been made with coram shippiay certain oise F050 105 1i000,000 companies.—United Press.
$025 50 Tom 14a +005 135
5200 51205000
$290 mos 5195
50.70 +045 130 4930 $070 120
51.65 5095 4070 135 $080 Fos 125 5210
Text read from the printed page and cleaned; old type leaves the occasional error.
