Show GR IN DROP VISIBlE SUPPlY Sim UP Rains in Wheat States Encourage Encourage Encourage En En- courage Selling Corn Near Bottom Record By JOHN P. P BOUGHAN Associated Press Market J Editor CHICAGO Feb 16 P A sP-A A decided Increase making the United States wheat visible supply loom large compared with a year ear ago served to pull grain prices further down Mon Mon- day The increase for the week was bushels to an aggregate of oC 19 against at this time timo last lost year Com Corn visible supplies also Increased and stop loss selling carried com corn down to al almost almost almost al- al most the seasons season's bott botton m price rec rec- ord Wheat closed nervous unchanged to H Hi cents lower corn com 1 8 1 off of oats 7 down and provisions varying from 5 5 cents setback k to a shade advance Good rains in Oklahoma and I Texas together with scattered downpours In Kansas encouraged 1 sellers of wheat as pointing to a better outlook for the 1931 domestic winter vinter crop No moisture was re reported reported reported re- re ported in Nebraska but the forecast pointed to rain tonight Increased unc uncertainties regarding disposal ol of big holdings of oC wheat by farm board allies alUes were also bearish factor More than bushels in increase increase In- In crease of the amount of oC wheat on ono o ocean an passage was shown as comp compared com corn p pared red with a a. year car ago Tho The to total la I afloat was bushels against at this time lost last week Tending toward lower prices was word that Australian government government government govern govern- ment promises of of- an export wheat bonus were not unqualified but depended depended depended de de- de- de upon future financial condi Condi- Larger receipts of or corn com h here re cars acted as a a. weight on corn com comand cornand cornand and oats Provisions reflected upturns in hog values RANGE or OF LEADING FUTURES CHICAGO Feb lG 16 AP AP- AP CORN CORN- High Low Close Clos March old ld 0 63 J S 61 J S 61 vial Mol old 6 03 CH 64 54 May Mu old GS n 84 64 do new e 64 July 6 67 m 65 65 1 65 65 6 September pt 66 66 i 65 65 63 WHEAT M Murch old eld I U 2814 79 79 do new 70 70 73 g Slay loin Old 24 8 82 81 82 do n new 83 83 83 83 July 6 t 68 S Sr September 69 60 4 Im 67 67 OATS OAT r March Starch old 33 33 May Mar old 33 33 33 do new 33 33 33 t Ju July n 32 5 5 33 r S September 32 12 31 32 March h old 39 33 tl SIPS Mry hlll old 41 41 40 i July 41 41 4 September 43 1 LARD I March 8 15 8 12 8 12 May MI 8 37 8 82 25 8 25 July 8 40 8 84 42 BELLIES BELLIES' May 19 1085 65 July 19 1070 |