Salt Lake Telegram | 1931-11-16 | Page 10 | Wheat Price Rises at Export Demand

WHEAT PRICE RISES AT EXPORT DEMAND Goes Up 2 2 1 Cents Rumored Rumor Rumor- ed Shortage in Southern Hemisphere Is Aid By JOHN JOlIN P. P BOUGHAN Associated Press Market Editor CHICAGO Nov 16 New 16 New Jumps of more than 2 2 1 cents a bushel Monday accompanied brisk export demand for North American wheat and ominous Indications of southern hemisphere er crop p shrinkage It was estimated bushels of North American Americ n wheat had b been taken since Saturday for shipment overseas Forecasts were received that France would need bushels of North American quality wheat between between between be be- tween December and TUly July next In addition to what she would would- get from and it was also asserted that the potato crop in France was seriously short Wheat closed robust 2 8 1 at 2 4 3 cents higher than Saturdays Saturday's finish corn com 1 8 5 at 2 4 1 up oats oats- 8 7 at 1 advanced and provisions unchanged to 10 cents lower Jower S RANGE OF LEADING CHICAGO o. o Nov NOT 16 15 AP APi- APi wg Wheat Wheat- h flush i Low y Close December u 3 1 I 54 I I I 5 g II March az 61 62 62 Mar May 62 4 1 Jul July Gt 4 63 3 54 04 December Corn Corn- 43 i 42 4 a March 43 45 45 Ia May 48 46 45 43 July t 4 47 11 49 43 JUb ate ate- t December December- 28 25 26 e U U May 2 U 28 July 28 25 28 28 Rye RYe RYe- D December r 49 48 1 48 March c 54 S 53 54 May H July JUly 58 HH 54 54 t 58 56 Lard Lard Lard- November No 6 0 December 81 1147 January 1545 42 Bellies Bellies- January elo May 61 S CAST CASH QUOTATIONS CHICAGO Nov 18 16 CAP AP AP Wheat No 2 8 hard No 20 2 yellow hard 60 c c. No 3 yellow hard and ic 58 No 2 mixed 3 Corn Corn eJ N No 2 yei yellow e eg g ow s 1 No No- No g 3 Id jel jellow low lIe No 2 whIt whIt-c. lie New corn corn com No 3 mixed Ulc c No 4 mixed UI No 0 I 2 yellow c No 3 1 yellow 4 42 No 2 w white No 3 white Gate 11 2 whIte hJ 21 c No 3 3 S w white t I Rye Rye-No No sa sales es Barley Barley 1 Timothy r l seed seed 00 Clover seed Lard Lard Lard-i Lard Bellies S 1 KANSAS CiTY KANSAS CITY Nov 16 15 f CAP AP AP Wheat cars cara up No 0 2 dark dart hard hInd 68 No 3 72 No 0 2 hard bard 52 No g 3 h No J. J 2 red nominally nominal 0 y INo No 3 3 nominally 55 58 close December 52 r May 1017 86 July 57 Corn Com 17 11 17 cars cars' up No 2 white 46 Vi No 3 45 No 2 yellow ellow 46 No 3 45 No 2 mixed Nd 3 3 nominally 44 45 close December U May ot 46 48 Jut July 47 Oats Cau 22 2 cars cara unchanged No 2 white nominally Ito No 3 3 29 29 Rye Itye 54 Barley Barle 38 35 I S I MINNEAPOLIS 1 MINNEAPOLIS Nov 16 15 AP APr Wh Wheat AP-Wheat- Wheat Wheat- t- t Receipts cars ears compared to I 2 a year rear ago nOi market Ic Cash Cath No 1 I north north- era ern 73 c No 1 dark northern 1 15 per cent nt protein c 14 per r cent protein 13 per cent protein 76 12 per percent cent ent protein 73 73 i No 1 dark hard Montana 14 per cent pro pro- tein to to arrive No 1 fancy fanc amber durum i c No 2 fancy amber amber am am- ber durum No l I veil red d durum H c December x i M May h Ile Corn Corn No No 3 yellow ellow Oats Oats No 3 white ic Barley 38 Barler 38 4 tI Rye Rye No l 1 1 SI 0 Flax Flax No 1 WINNIPEG WIN WINNIPEG Nov Nor 16 AP AP Wheat Wheat- High Low Close December 8 S 64 S 3 3 ssu S 64 May Mar 68 68 4 67 61 68 66 Cash wheat wheat No 1 north northern rn 66 65 S No 2 northern 60 H No 3 northern 57 Oa Oata Oats No 2 white 3 34 No 3 W white its 31 S LIVERPOOL LIVERPOOL Nov 16 Spot CAP AP Spot wheat Australian 6 es Sd lid Russian average Os 9 d Barll Barli Ss lIL Id Wheat closed De December 63 60 Vi March 66 May Mu 69 Exchange