Show GRAINS DROP IN LATE Indications Are Feed Use for Wheat Greatly Greaty Overestimated Overestimated Overestimated Over Over- estimated D By JOHN P. P BOUGHAN DOUGHAN Associated J Press Market Editor Edior CHICAGO Feb 9 Lowest 9 Lowest I-Lowest Lowest points in ill groin grain values Tuesday came during the last hour Intensified by Indica india tons that feed use of domestic wheat had been greatly greaty overestimated Persistent declines in New York stock market values had a noticeable bearish effect too on all 1 cereals Colder weather was forecast in Kansas Kan sas and Nebraska but there were no complaints complaint of crop damage Wheat closed nervous 12 2 to 78 7 cen cent under yesterdays yesterday's finish corn cor 1 2 1 to 34 3 cent down oats 4 1 1 to 58 8 cent off oH and provisions showing 2 to 10 cents cent decline RANGE OF LEADING FUTURES CHICAGO Feb 9 AP AP- AP Wheat Wheat- High H h. h Low Close March Mach 8 54 54 S I Lw I 8 54 i May 58 58 57 1 57 July July 58 58 53 57 1 57 se September er 60 60 59 I. I 58 Corn cornStarch corn corn- Starch March March 33 35 3 34 4 34 May 38 38 37 31 37 i July July 40 40 37 O 6 September 41 n O. O 11 41 1 41 U Oats Oats Oats- Ont May Ma 24 24 24 24 24 4 July 24 23 24 September 24 h 21 24 JH 24 Rye Ry Rye Rye- March tarch May 44 44 40 July M 46 n U 45 g Lard Lard Lard- March 48 48 May II 4 90 90 July Jul 01 Bellies Bellies- May rICY 5 25 CASH SI C. QUOTATIONS S CHICAGO Feb 9 AP API AP Wheat No 2 hard Mc No Ho 3 yellow elow hard had Mi No 2 north northern r spring lc No 1 mixed n 58 Uc 4 c. c Corn Cor No 2 yellow old c No 3 mixed d. d 33 ft c No Ho 3 yellow 33 H 1 34 3 c. c No 3 white 3 ic c. c Oats a No 2 white 41 c No 3 white 23 3 l. l sNo C. C Rye Ry No sll sales Barley Baley 42 Timothy seed Clover tr Clo seed setd SOO 1 L 75 Lard Lad Ribs 1575 Bellies 1575 KANSAS CITY 55 KANSAS CITY Feb 9 AP AP Wheat Wheat Re- Re cars car He Ac c higher r to ic c lower No 2 dark hard 50 No 3 3 Mc il No 2 hard 10 5 c. c il No g. g J 3 3 t No f 2 red ic No 3 49 S 53 nominal Close 1 May 1 f 49 rc c l July l 19 49 ic September b r. r SO 50 lc c. c Corn Receipts Corn Cor Receipts 1 12 cars unchanged to ic c clower clower lower No 2 white 34 c. c nominal No 3 3 No 2 yellow c No 3 34 34 nominal No 2 mixed 33 1 f nominal No 3 3 32 c. c Close May I July g Oats Oats Oats-No No il receipts sJ nominally fy Sc c low lower r No 10 nominal nominal 2 white 26 nominal No 3 3 Rye Rye nominal 0 Barley Banley 18 nominal MINNEAPOLIS MISE MINNEAPOLIS Feb eb 9 AP Wheat API Wheat Re Receipts cars compared to 96 a B year yer ago aeo CO market Sc C lower lo er cash uh No 1 north north- em er rn c No 1 dark northern 15 p per r cent protein 76 14 1 per cent protein 6 13 per cent protein jJ c 12 per Cr cent protein m 69 rt leo No 1 I dark hard Montana 14 H per percent percent cent protein 70 10 ic c to arrive 69 c No 1 amber ambe durum No 2 amber durum No l 1 red durum durm 5 c May Stay 67 c July uly feI September e C Corn Corn r No l 3 yellow g 36 6 c Oats Oats No 3 white 24 Barley BarleY Rye Rye No 1 I. 43 c. c Flax Flax No 1 I. I 11 I WINNIPEG WINNIPEG Feb 9 AP AP Wheat U High Low Close May 8 J 2 63 S 2 July July 65 64 61 6 64 LIVERPOOL 01 LIVERPOOL Feb Peb 9 AP Spot AP-Spot Spot wheat Ne New V Wales I OG Cs 2 bNO No 2 Manitoba f lCd lOd Russian average a Si 4 d di barll baril barl Si 55 Id ld Id Wheat closed March 54 lc May ay 56 c July exchange 44 I FRUIT A AND D HOPS NEW YORK Feb leb 9 3 DrIed AP fruit and I L hops steady teady |