Salt Lake Tribune | 1918-11-21 | Page 12 | Corn is Depressed; Unsettled at Close

CM IS DEPRESSED: urajT CLOSE CHICAGO, Nov. 20. Prospects of nn inerenoo In the movement of the new crop had n bearish effect today on corn. The market, although unsettled un-settled at the close, was lc to 2l-c net lower, with December $1,201 to $1.2tKi and .Tanuary $1.31 to $1.3t'4. Oats finished c to c down, and provisions up 5c to $1. Notwithstanding that the corn market flue-t.ualed flue-t.ualed rapidly and that at one lime the January Janu-ary delivery touched Die highest point yet 011 the crop, the pen era 1 tendency most of the session ses-sion was clearly down grade. Forecasts of better bet-ter weather for husking and for transportation from rural sources did a tfood deal to make selling iiaarossivo. nnd so. too. did knowledge l bat a larpe nuinher of car permits had been issued of late. For a t least the I line being, fresh developments appeared to be necessary to focus at lent ion tdiarply again on the bullif-li possibilities of fond needs in (On rope as against plentiful supplies elsewhere and still e.it,ltug sln-rtage of vessel":. Hedging sales depressed oals. Hesldes, seaboard sea-board demand wits slack and the visible supply total showed a liberal increase. Provisions were dull, but firm. Notice of an embargo on hog shipmelils to Chicago. Thursday and Friday, operated as n strengthening factor. KANUL OF TUB LEADING FCTU It ICS. Open. High. Low. Close. Corn Dec ?1.2li $1.31 fl.-JR'G $l-?ftls Jan 1.31 1.34'i 1.3U',j 1.31 Oats-Dec Oats-Dec 7t4 . 74 ' . " Jim 71U .75 .73 U .73 Pork ov 42.0(1 Jan. 40.00 4(1.2.) 4fi.30 La rd Nov "7.r.n Jan 26.10 20.17 20.30 Itibs Xov 2o.20 Jan.'.' .... 24.70 24.5a 24.02 CASH QUOTATIONS. rorn No. 2 veilow, old. $1.50: No. 3 yellow, old. S1.4J)fri 1.50; No. 2 yellow, new, SI .42; No. 4 veilow. old, $1.38fffll.42; No. 4 yellow, new. ?1.32fri1.34. Oats No. 3 white. 74y. rjiNfjc; standard, 75',-i 70Hc jjvp x0. 2. 51.745.1.75. Unrlev. nSctfi S1.09. Timothy. S7.00r.t 10.25. Clover, nominal. Fork, nominal. Lard, S27.05. Itibs, nominal.