22 
BULLETIN 1479, U. S. DEPARTMENT OF AGRICULTURE 
TABLE 3.—The days on which eight speculative traders made purchases or sales 
to a net amount of 500,000 bushels or more in wheat futures, together with the net 
change in future prices, from April 18, 1925, to May 29, 1926 
i | 
1925 September | 1925 December |Net : 
1925 May future | 1925 July future Poa aees | aatiira aces Net 
Trad or sales, | Pre 
Date [°° all fu-' | (ange 
O- \Net pur-| Net |Netpur-| Net |Netpur-| Net Ni et pur-| Net tures ; ort 
chases | price | chases | price | chases | price | chases | price com- future)! 
or Sales! | change?) or sales 1| change? or Sales ! | change?| or sales !| change?) bined 3 |” 
2s eed | erat 
1925 1,000 bu.| Cents |1,000bu.| Cents |1,000bu.| Cents ieee Cents Waovhnen Cents 
Apr. 18 Dita ax 9 —414) —1, 000 —314, —600 Se en ey oe eee —1, 600 —44 
20 2 | +2, 600 +31%| +1, 600 oD vik [tebe 2. een neni Be (3 cea +4, 200 +34 
Ciel i. | Cee PEO | eae (ie Tai ae | Re ea er ereameiees a Pte 
21 Spl siees BIC OnE SOON Sail) aed aera eee? Reena [oe ee 
Nets ( ak 600) | ae | eta eee er ares Eee +600| —%4 
Apr. 22 2 | +1, 200 ty eee aoe eg ede +500 | +234]_-------- ati +1, 700 +55% 
23 7 | 8 A ea ae +1, 260 SEY ee ee at sean pea) Aye esl EN OS +1, 200 —244 
24 2A a SS PR ea +2, 800 ES epee ee ea a eg Ee Ee Be +2, 800 -\ 
27 Dili Poor mo +850 SOV asin: ie ula Dee ial ee a | ee +850 —244 
aul Nini oMl Per Aral Ss fiche ee GO)s| ss Ue asl eee ee fe = Sascha eo Ae SE eres Rages 
28 iL | MF Ae DOOM 2 ec .5| aoe sme MF Se ae | ee 
Neb ees eee eee +1,300 |  +414|..---_--- {es eboandl os Lane ee +1,300| +414 
Apr. 29 1 See arom “5500, [Scissor |e ae rant Res oS 
Sir [pe acini) fen oehatrea 2s 5 1 | eee ah Lc ow [fete oe|(Seaecee epics yc lags eatboaa sl [oss a 
Be et ea eee navies ein el Pe TN Eee lace 41,035 | +134 
Apr. 30 THT ee ce || ear +600 = ee we us se Sa a a 600 +14 
May 1 Thi |) aerate (ae 8 EEO Eo sae (eo eee ES iar eee |e eee oa ee 
Le PS FES ee SE GOO eae ae aS eee ee PAE OG AURA ed cee OD ee ee wb Roe ee en Caos Bee Se 
1 Be aes an |e eer SL el eeees eee ee a PONS Preis Tera Wa oo i Red renee re 
INGPS Ese |r dey ety!) Fyees a SEAPANO) | 42h. R94) tae ol: |bcnge ds alphabet +4,400 | +814 
May 5 i REE AC ECE Eee er 3 1, 1A DOR at oa Ea i SS mess —1,500| —2i4 
6 Dh Ee ae ES Se —5, 600 a Ae Came a Poh FOR ARE Lacs" Bee —5, 600 +34 
7 | Pee eae 3 +500 = V(b -b, fik a |S a Nias ed: et +500 —1% 
8 ae =e et lis ace AP OOO |e f= sess ad bee aa |e Sets Pair —2,000| +34 
——_—— ws | —————— 
9 il eee ae 1; OOO Ia fe ee ene, eee De sm 8 Fn es A ne 
9 B ee eee Aas ea ESTRRS Hale RL rakes a [Bic eerae ee a 8 ee 
Webes ne | Seprey seers enea Ue ial Weta ess CA ome 2 hls re ge ee cctge Da Soe | 2.285 | aie 
May 11 Die Aye. BAe —1, 500 —214) —1, 000 = Wgres 265.3 |) sae | —2, 500 —214 
12 Om ee es ee ee Ti eae ee Se [ills ee (acek di Ses (Seema ae Rees | A TS 
12 Tig] 3 alae beg Get LL Os | LEST eae Se LPG iis ESF. RES ABS ES. ieee i Sets Be 
14 ER eee ab ad +895 BEL ae Ronee noe: |e MRL Satan! | +895 +334 
15 3) || chi sea fl ai £1,015) Sj wes sheer [SS SAR os ee | +1, 015 —\% 
19 1 —620 EOVAl Sea ee SUGAR oe ererebe Meee Gaucer)nmi cae: | —620 +15% 
22 Bye ea Oe Meme ee —1, 550 =A (ie et ees omen aL ey BF ea | —1, 550 +1% 
25 DNR eae aro isp Met ak ary eee he ee oe | Sa RENEE Se 
25 Sate ee es ee BOG | Mee ot ye eR. | Ore TS ee ee cee ec Pt OS ee ee 
(2) ae a | ed = ne SON eae +5, 980 +534] +1,000 | +554 |_--.=-_-_|------_- +6, 980 +536 
May 27 TESS eee SEES, +600 —tB/6 (DEE ESS RASS S 55 2 Oe ee Cie +600 —% 
oye ower Poi BS" —1, 515 a Me ie eee, er renee fnee 2 CS —1, 515 —2 
June 1 5 pepe Seah ia ss mee —900 Sr aaa ta eee se Sa hig 8 wn at oe pepe —900 —2% 
2 SD alts aia. <r Se IE So ge a 2 Tod (ere “9: OOO): ores 5 a ei hs | oe a en ee | eee 
2 1 a oon ae Tot |e BR BOO all cet =< | ee | <1 GOO), |< alae al es obs sae es ea 
IN epee [ees Seca) tae Bs —2, 215 +34) +2,000 | +134) +1,800 | +124) +1, 585 4% 
June 3 7H Se a S| ees “500 i325 5 ee ae | age SRS Easel Eat Mel |e C™ 
Zoic wmanee HL Tas,! FF E650) [i221 2 SROs: CRE RS neo SSS a nS Se ae 
Ghee cere eee el oe Ss Pai aa Ga Jey aN eo aii | Oe eek Li +1, 150 +3 
1 The plus sign (-+-) indicates a purchase and the minus sign (—) a sale. _ { 
2 The plus sign (+) indicates an increase and the minus sign (—) a decrease in the futures price from the 
close of the day previous to the close of the date shown. : é 
3 Whenever the net trading in a single future was less than 500,000 bushels, such quantity was not included 
in the net transaction of all futures combined. ‘ 
4 The net price change used for each date was for that future whose open interest was largest, 
aig 
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