Show WHEAT FAllS FILS UNDER UNDE PRICE lEVEL OF 1895 Plunges Down 11 II 1 1 Cents Per Perus Bushel BuseI us el Corn and Oats Also Give W Way y By fly y JOHN P. P BOUGHAN Associated Press Market Editor CHICAGO March 23 P With tp With I traders actively operating on as assumptions as- as that to get an adequate export outlet for the 1931 crop United United Unit Unit- ed d. d States wheat prices would have to undercut the Winnipeg market markets wheat heat plunged down here Monday more than a bushel in some cases casc Selling in Chicago was largely largel large large- ly l yo against purchases at tt Winnipeg Chicago quotations went below any witnessed sinco 1895 when July h at sold ld at 50 1 the bottom bottom- most i level ever t touched since trading in monthly future delivery cry contracts vas as first adopted the Formal announcement by United States farm board that price stabilization op operations r in this county would not be extended to the 1931 domestic crop was the immediate immedi immedi- ate Me te occasion of oC severe breaks which took look place tr in ir prices today SALLY BU BUT LITTLE Little rallying power was wac shown the market closed unsteady at almost 1 most the lowest figures touched rAnging ranIng from a So shade to 2 8 5 cents down n except for tor June delivery finished 9 cents cents- off st top stop p selling by wheat holders unable or unwilling to keep ownership c of ot July contracts carried the market oil off soon to 2 2 1 cents t v der Saturdays Saturday's closing when vain ain l' l pe had bad still prevailed in various quarters quarters' that for r at least a while longer than announced the farm larm arm board baard would continue efforts to keep th the market pegged at an artificial standard o of values The he fact that the farm arm board will uphold prices for deliveries o of old 1930 wheat held th the market for March and M May Y contracts virtually unchanged despite w weakness ness of July and September quotations Factors other than the farm board announcement announcement an an- were ignored GIVE WAY YAY Corn Com and nd oats prices gave ga way ay as 5 a 8 result of ot sympathy with semi- semi demoralization of the wheat market The weakness of all grain prices was intensified by predictions to an American Farm Fann Bureau Bw spokesman spokesman spokes spokes- spokesman man that wheat t would go as low as asSO 50 SO cents a bushel by autumn On today's downward plunge corn com at atlie die cne lie time showed about 1 2 1 cents cents' compared with Saturday and reached th the lowest level yet th this sea sea- aSon a- a son Provi Provision on trade was in nearly a comatose condition but with prices n nominally steady RANGE R. OF OP LEADING E EG G FUTURES CHICAGO O. March 33 23 f IAP- IAP ACoR AP CORN CORN- CORN CoR- Hi h Low Close old 5 S1 gift 4 S 60 3 5 to Ml D 63 n 3 MaT Iy do new tW H 14 t 1 U 66 z September 66 4 64 65 I AST old 70 O 70 5 do ae new 7 iP i 4 IIIi i taJ Slay lai old 31 14 a 1 81 do new 83 J 82 82 new H 67 Tune lune u I 65 July Jul 61 59 59 4 61 60 60 i OATS OATS- old O ift 30 5 30 fit y old 32 31 JI 31 w. w 32 31 31 gH i 32 32 September latch b old fd 31 n 36 n I Ido 36 MaT old 39 38 38 do new eW o 40 39 39 4 Jut July 41 n 40 40 0 September a 41 u n 41 U H LARD LARD- larch 2 NT I fi LOS g July tu 32 g 1210 1110 SS July Jul HB 1125 CASH CASU QUOTATIONS S CHICAGO March I 23 API AP Wheat No 2 red sed e 73 Jf 3 c Ho o. o l 1 hard hird I m- m mr No r 1 yellow yel yel- l 1 low ow W hard hird lac No 4 northern spring Hc So o. o 1 mixed mInd ln e. e Corn COrD No No 3 m mixed No 1 yellow old fold No 2103 3 yellow rellow No 3 2 0 1 a 61 oats 1 31 c No 2 white 31 c. c No Rye No sties sales Barley BarleT 3 BC Timothy seed Bred U. U S 75 lS Clover seed ed 18 Lard 9 00 I Ribs Rib 1100 WOO 1100 00 BellieS KANSAS CITY KANSAS crr CITY March 23 3 OUM AP eat Wheat Receipts cars cus to c o hither No o 2 dark hard hird ll c No 3 nominally No 2 hard J No 3 3 i t No 3 red Jr 73 3 No ci 3 nominally c. c Wheat close Jot dose May July September Corn W Receipts N cars urs down n c No Iro 3 a whIte f nominally ic c No 3 SL 51 i e No lio 3 2 J yellow SIc No 3 3 51 1 fa W 5 54 Uc C No 2 mixed nominally SUi Ci 0 o o. o 3 soe Corn Com close Mar July Mc c S Sep p- p teB Oat ott ri- ri Receipt pt 20 30 cars down le Ie No 2 3 f e ally 3 c No 3 31 c L' L March Marth 33 23 AP AP WhItt Vh t 5 can compared to US a 0 year ear Market Market- e Cash Cath wheat No ro aib rr lr 1 northern r 74 W c N No 1 d dart north north- ern em rn 15 13 per cent protein 14 j rr r rent cent protein 13 per c cent nt Ci l i protein ti Wr c 13 per cent protein 11 C No 20 l 1 dark hud hard Montana 14 percent per percent percent cent protein lc to arrive 73 c No 1 durum No 2 am amber r du durum m No I 2 red itO durum May July 65 September P c. c Corn Corn No o 3 yellow rellow Oats Oats No 3 r white 27 Barley 32 3 Hr it NO 1 23 C. C PJ lz NO 1 1 WINNIPEG WINNIPEG March 23 AP- AP AP Whet Wheat Hl Ulah h. h Low close 9 S 67 57 tt lay l Juli 60 60 In 58 Cash vh wheat wheat-NO at at No 1 northern No 2 northern No 3 northern a ic 1 |