Salt Lake Telegram | 1931-10-02 | Page 18 | Bullish Reports Strengthen Grain

BULLISH REPORTS TB STRENGTHEN GR IN INI I I I Wide Area in Midwest Said to to Need Rain for for Winter Seeding CHICAGO O Oct t. t 2 Reported 2 urgent urgent urgent ur ur- ur- ur gent need of at ran rain over wide areas in Kansas Oklahoma and Texas did much to strengthen bullish sentiment sentiment senti sent ment meat Friday regarding wheat The moisture Is required to permit completion com corn of at winter wheat seeding and to to bring about bout go good 1 germination There also Is a dry area in hi the Pa Pacific Pa Pa- elite northwest where rain would be bevery bevery bevery very beneficial The movement of spring wheat both domestic and Canadian Canadian Canadian Ca Ca- nadian w was rep reported as materially less Jes than last year 4 Wheat closed unsettled a shade to l 4 1 l 4 cent higher com corn 3 down oats l 8 off and provisions provi unchanged to 12 cents up RANGE RANGI OF LEADING Chicago Oct OCL 2 3 z tAP tAP- API Wheat Wheat- Kith Low Close Cleie Decem December r 3 S 48 44 J 3 47 J S 47 47 March 1 50 49 I Slay Mar 1 1 51 n m Corn Corn Core December 38 II 34 U 34 34 1411 March o. o 37 37 17 38 38 36 t MI May Mar 3 38 i 6 Oats oats oats- December cn 22 21 g May Mar 25 U 33 24 n m Rye Rye Rye- December 36 21 3 38 May Mar May 0 41 40 4 40 O I Lard Lord LArd October 7 00 8 92 7 00 December 1112 8 12 January 91 Bellies Bellies- e October 7 1 20 0 CASt CASH QUOTATIONS CHICAGO Oct 2 AP Wheat No Wheat No 1 lard hard Corn Corn No 1 I r. r yellow No 1 white g Oats No g 2 3 white Rye Rye No 1 I. I 4 Barley Barley Buley We Soc Timothy seed 13 2503 so Clover led seed ed Ot 25 Lard 17 Lard Lud 20 Ribs O r 1762 KANSAS cirr KANSAS CITY Oct 2 r AP Wheat AP-Wheat- Wheat Wheat- Receipts cars care unchanged to lie c No 2 dark darle hard 43 c No 3 8 c. c No 2 hard C No 3 3 No 2 r red ct nominally n 1 Ho No 3 3 He t gl Close D December May Corn Receipts Corn Receipts 6 cars unchanged to I He C Clower lower No 2 whIte c No 3 nominally 37 37 ic c No 2 yellow ellow nominally No 3 3 No 2 z mixed D nominally 37 c No 3 Sic CloseS Clow December May lIc Oats Receipts Oats t Receipts 5 S Scan cars c-ars unchanged No lo 2 white nominally No 3 nominally iC Rye Rye Nominally Nominally Barley 26 LIVERPOOL LIVERPOOL Oct Oct 2 3 PP Spot AP wheat wheat- Australian Is No 1 I Manitoba Se sample grads grade rade bard hard winter Sa 5 Barll Daril 4 I With exchange at 13 nu 94 Liverpool wheat closed at at October 43 c December wheat lc I March May