Salt Lake Telegram | 1931-06-09 | Page 15 | Bank Closings Are Bearish on Wheat

BANK CLOSINGS ARE Uneasiness Felt Combined With Reports of Rain Rainfall Rainfall fall in Canada By JOHN P. P BOUGHAN Associated Press Fresa Market Editor CHICAGO June 9 P Some iP-Some Some un uneasiness uneasiness un- un easiness over the closing of twelve tv neighborhood banks in Chicago had hada a bearish influence on wheat prices late Tuesday Sellers of wheat took notice too of ot assertions that rains In central and northern Alberta would tide most of that section over for another week or so against drought effects The United States government crop report due after the close led however to considerable up evening at the last Wheat closed irregular at 1 cent decline to 2 1 advance corn un unchanged unchanged un- un changed to 4 3 at 8 7 down oats 8 1 off and provisions unchanged to a arise arise rise of 10 cents OF LEADING FUTURES CHICAGO Juno June 3 9 AP Al'- Al' Wheat Low Close June 67 J 67 J 67 July sa September 38 57 37 December 61 Com Corn Corn- July 57 SSi September 53 51 52 December 45 45 46 Oats Oata- Oata July 28 September 26 2614 December 29 U 29 Vi 20 Rye Rye Rye- July 36 tj 36 36 September 38 38 37 37 December 41 41 Lard Lard July September 30 October Bellies Bellies- July September CASH QUOTATIONS CHICAGO June 9 AP No Wheat No 1 hard Com Corn No 2 mixed No 1 white Oats No 2 white Rye se No No sales Barley Timothy seed 7 Clover teed Lard Lar d 1790 Ribs Bellies MINNEAPOLIS MINNEAPOLIS Juno June 9 AP Wheat AP-Wheat- Wheat Receipts cars compared to 72 o a year rear ago aco Market hither Cash No 1 north northern No l 1 dark northern 15 per cent protein 14 per cen cent protein 13 per cent protein 70 10 i 12 per cent protein 70 10 73 No 1 dark hard hara Montana 14 per cent protein 68 to arrive No 1 I amber durum 57 No 3 amber durum it I No 3 1 red durum 53 June 70 July September Corn Corn No 2 43 49 Oats Oats No 3 white Barley Barley 30 Rye Rye No 1 Flax Flax No 1 S fl KANSAS CITY KANSAS CITY June 3 15 AP Wheat AP cat Receipts 45 cars up IV c to No 3 2 dark hard nominally jc sc No 3 nominally 72 No 2 hard No 3 73 No 2 red nominally rIo No 3 3 nom nally Close July 51 Sep Sep- r December SS c. c Corn Corn Receipts 33 cars unchanged to Ac Sc higher No 2 white Sic No 3 nominally No 2 yellow No 3 3 c No 3 2 mixed C Ilo No 3 nominally 48 Close July Sc September December Oats Receipts Oats Receipts 1 I car car- unchanged No 2 white nominally No 3 nominally nye Nominally i v Parley Nominally WINNIPEG June 9 Low Close July a S S 60 J 3 October October 4 62 63 December 64 63 Cash Casl wheat wheat No 1 I northern ho No 2 northern No 3 northern S LIVERPOOL LIVERPOOL June 0 9 AP Spot AP-Spot Spot wheat wheat- No 2 Manitoba sample crado crade hard winter 74 He Barll Wheat close July close July 62 c October December 65 65 c. c