Show GRAINS TUMBlE IN WAVE OF Rain Snow in Drouth Area Scant Foreign Demand Result in Decline By JOHN P. P BOUGHAN Associated Press Frets p-es p Market Editor Edior CHICAGO Nov 20 Big 20 Big liquidation liquida tion ton of ot speculative holdings almost alost swamped the wheat market late Fri Friday Fr- Fr Fr- Fr day and ad prices prices' collapsed more than tha 4 cents cent a busheL Lowest levels were reached simultaneously with wIh announcement announcement an an- that Japan Japa and China Chia Chiah h had d accepted an armistice Notable absence of foreign demand for United United Unit Unit- Uni- Uni ed States wheat wheat together with wit rain and snow reported in drouth sections of ot Kansas and Nebraska contributed to the smash in i values values Stock market maket weakness at times ties also alo tended heavily to t pull pul grains downward In some Iras cases cas wheat touched within with with- wih- wih in 1 8 cent cent- of 5 cents cent under unde yesterdays yesterday's yesterdays yesterday's yeter- yeter yester yester- days day's finish The Te close cose was at virtually virtually vir vir- ir- ir the days day's bottommost point 3 4 3 to t 4 8 7 down corn cor 2 8 7 to 3 2 1 off aft ff oats oat at 1 8 3 to 1 4 13 4 3 setback and ad provisions showing a fall fal of 17 to 30 cents cent S- S RANGE OF LEADING FUTURES FURES CHICAGO NOV 20 AP Al'- Al' A- A WHEAT WHEAT- High Low Close Cloe December WHET WHET- br 3 J 59 3 Lw s I 56 March Cc 59 59 g 64 60 61 May July July III 64 60 g 61 U CORN CORN- December COR- COR 44 4 42 42 Starch March March 47 a 4 45 45 May 7 46 46 July Jul 50 50 O 48 48 OATS OATS- December OAT 27 27 25 25 March 28 28 27 t 27 May 29 4 28 28 July m 28 28 n 27 I RYE RYE- December RYE 50 5 50 48 48 4 48 March 54 5 54 52 2 52 May 65 53 53 53 July lay 55 53 3 53 LARD LARD- JUi November r December 60 January BELLIES BELLIES- January BELI 80 May MaJ S CAStS CASH QUOTATIONS CHICAGO Nov Nor 20 AP Wheat AP Wet AP Wheat No 2 mixed e. e Corn Corn Cor No 1 I yellow 47 n c No 2 yellow No 2 white 41 c No 2 white Ui New ew corn corn cor No 3 mixed No 4 mixed No 2 yellow 45 4 No 3 yellow m 1 No 3 white i c Oats Oats No 2 white 27 c No 3 white Rye Rye Rye-No No sales R Barley Baley 40 lc Timothy seed sed 25 Clover Clove seed ed Lard Ribs 1687 Bellies Beles 88 S MINNEAPOLIS MINNEAPOLIS Nov 20 Wheat cAP AP Wheat AP-Wheat Wheat Wheat- Receipts ago gri market r 66 Cl cars 1 l' l compared lower ower to tOC Cash 79 76 h haN a aN aNar No year ar 1 northern northern c No 1 dark northern norther 15 1 per cent pro in c 71 80 14 I per cent protein 7 76 13 p per r cent nt protein C 12 1 per cent protein t c No I dark bird bard Montana 14 per cent pro pro- tein I 6 nJ br to da arrive f 67 67 i. i c No 1 amber rY durum c No 2 amber durum durm 8 c No 1 red rd durum dur December Demb De De- cember mb r. r Hc May Stay IDe 70 Corn Corn Com No 3 yellow elow Oats Oats No 3 white Barley Barley 39 BarleT 9 43 R Rye Rye No 1 52 c. c P flax Flax ax No 1 4 6 KANSAS KASSAS CITY KANSAS CITY CIT Nov NaY 20 Wheat sP Whet tP-Whet- AP Wheat Wheat- Receipts ill II cars car down l 1 e No 2 dark dak hard had nominally No No 3 1st No 2 hard 56 6 c No lo 3 No 2 red No 3 nominally 58 c Close D December C Stay May Ma e Ju July Jul y 54 a. a c. c 5 Com Corn Com Receipts 23 cars cou c higher to lower No 2 white No 3 3 nominally No 2 yellow 50 O C c No 3 3 No 2 mixed c No 3 nomina nominally ly 46 48 Close Clo December Dember May July I CSc Bc Oats Oats Receipts 3 cars can unchanged No 2 nominally I 31 No 3 nominally nominal ly 11 fh 9 C. C 17 Rye Nom Nominally nally 54 f Barley Nominally Barley Barey Nominally 32 S WINNIPEG WL PEG WINNIPEG Nov NOT 20 AP AP- AP Wheat Hl lush h. h Low Close L. L Cloie December t I 64 4 I 6 62 62 62 16 Stay May 69 68 66 LIVERPOOL L LIVERPOOL Nov Nay 23 AP Spot AP-Spot Pt Spot wheat wheat- Australian Ss s 4 d Russian RusIan average 5 S Sc ad bull barll barl Ss Wheat Veat cosed closed closed- Dc December 60 M March 64 Slay May 67 6 Exchange c a t 37 1374 n |