Salt Lake Tribune | 1912-04-28 | Page 19 | Wheat Continues to Make Advances

WHEAT COHTiES TO IKE ADVICES Price Now Higher Than foi Several Years; Com .it Standstill; Oats Off. CHICAGO. April CT. - In tli- fac of predictions of rain fOT Kansas and N'e-braska, N'e-braska, the wheat marks! advanced today to-day to a point higher than tor several ears. Price closed nervoiiv. and Irregular Irregu-lar to 2ge above last nlcht. Com finished unchanged to lJe up. ..ats off c to J' find prov lsion higher hy oc lo '.'.'.. There was an actlv general ttade i, wheal with commission house on both sides of the market and with LlUSS fluetnatlng rapldh . S pt.-nil w- ' ' greatrji ualti. It was In this future chiefly that buyers sought 16 take ad-vnntaue ad-vnntaue of the fallJng off vall to he prob ahie 'n North Dakota planting. One re po.rt said not mre than 20 per cent ql se.llng had been done In tie north half of tho .'into a.nd that the plowing WSS in U'j better shape, When July wheat touched $1.18, signs Eeeiueri to Indicate the md of the bull campaign bui the ensuing reaction wai only temporary. A freth wa e of bu -log set in and a number of le-alinir concerns con-cerns switched t.. the long side of the mark-. Tub ran Red from $1.12$ to SI .131, clowns: at $1.131 131 a gain of The little ilfe hi tl.e cr)rn liiatlvCt ame from the wheal bulge. There v. a- b trifle better specula 1 1 . and shipping demand. de-mand. fu!y ranged from 77 ic lo ',7 and cloeri ea at 7 7'( ' 7 7 i . an advance of a shade over last night, spot grades were steady; No. 2 3 ollow Wai quoted al J2c. tn ..at there was considerable realizing by long:- Most o:' them were local speculators specu-lators who preferred to secure profits before the week end. July ranged from 34c and ti.-. with lasl sales ic net lower at 54)c Invest ment demand received the blame for a rise in provisions. Packers were liberal lib-eral sellers at the advance When the ponp cleared the pit, pork had Increased 37)..- to 35c lard 16171c and ribs tO 12i . nANGE OP TUP. LEADING PUTURBS. Wheat - Opening. Hlghaart. Lowaat. Cloalng. Mar 1 r. i.m'4 1 IBM 1.1014 jwiy 1.1 i.ia R12J4 I.U14 Sept 1 0S 1.10 IJ$U 1 10 Corn-May Corn-May Tr::4 0'i 70 , 704 May 77'i 77 77", 77 Sept 7S"4 7'".'4 7ut 7BT4 Oats-May Oats-May 57 S7S R714 B7U July m Mf, M K o4'. Sept tl4 44 41", CASH QUOTATIONS Cash irootatlooj were fellos rie.ir firm ; winter patents. I4.0046.40; atralghtl 14.SOg5.00: spring j.atentv. J." ' n S.':0 straigl.lv $4 7.V(f .'.on ; baker. 24 00 ... !:.e N.. 2. ";..; barley fee.j or mltlng barle- BOOOOo; futr to eholoo malting. 2125gi.SC tlmofhy seed. a 0042)11.00: rlo.er BOOd J'.;.009:0. ,"0: meaa pork. fl9.S7019.6O; lard, Id tierces. 211. 00: short ribs, loose, 210.80, GRAIN STATISTICS. Total clearance.) of whoat and flour were eo.ual to "ll.?00 bushels. Primary rerelpt we.e ft."..fl00 buRlielo. .-.ompnred wllh 811.000 buihall tlM corresponiilnc 1iit n year ago Ksllmaled re-relpts re-relpts for Monday: Wheat. 17 can: com 171 ars. oats. 113 cars: hog. 4'J.OOO bead.