Salt Lake Tribune | 1919-07-12 | Page 16 | Corn Strengthens for New Crop Month

COM STRENGTHENS FOR NEW CROP MONTH CHICAGO, July 11. Corn wiikenod today for old crop deliveries, but strengthened for the new crop month. Decern her. There wns much sentiment that July and September were up too near t he basic price of wheat. On the other hand, notice' that trade relations' with Germany could at once be resumed led to some speculative specula-tive buying of December corn. The close wns unsettled, varying from net decline, to en ndvntice of 2c with September S1.02li to $1. !'(, and Dfi-ember ?l..r)9 to Sil.tiO. Oiiis gained 1c to a 2 Vi c. The finish in provisions ranged from "tOc setback to 12c advance. ( 1 Most of the corn trade was in the December op 1 1on and there was evidence thn I the bulls especially had transferred their activities to that I month. The day's top figures for December were reached just at the close, when iit tent ion wns focused chiefly on the subject of renewed business with Germany. Onts climbed to the highest prices yet this season. Seabonrd buying and unfavorable crop reports were reaponnlblc. Absence of demand weakened provisions notwithstanding not-withstanding new top record prices in the bog market . THE KANGE OF THE LEADING FUTURES. Open. High. Low. Close. Corn Sept $l.92; SI .03 "4 ?1.00;i $1.92', Dec 1.57 .1.00 1.37 l.aO-li Oats-Sept Oats-Sept TiHG ,77'i .T.VVi .70-- Dee 70 74 .70' .78 'a Pork-July Pork-July 54.10 54.10 53.50 5.1.50 Sept. ... 61.73 51.50 51.03 Lard Sept 35.40 35.50 34. M) 35.15 Oct 33.30 34.70 30.07 Kibs Julv 28.25 27.90 2R.25 Sept 2S.40 2S.60 2S.15 28.55 CASH QUOTATIONS. Corn, No. 2 mixed, $1.03 (51. OS; No. 1 yellow, $1.94 (ft) 1.07. Oats, No. 2 white, 7777MiC; No. 3 white, 07 (3:77c. It ye. No. 2. Jl.501. Barlev, $1.21 (d 1.29. Timothy. $9.00fa 12.00. Clover, nominal. I'ork, nominal. Lard, R34.80. ltibs. $27.50(2S.S5.