Salt Lake Telegram | 1932-04-28 | Page 15 | Wheat, Corn Swept Downward Rapidly

WHEAT AT CORN jj NSW SWEPT PT DOWNWARD RAPIDLY CHICAGO April 28 P P iP sive rushes of stop loss selling swep swept wheat and corn prices rapidly downward downward down ward Thursday wheat about 3 cen cents and corn to the lowest level since sine 1898 Wheat plunged to almost the Quota quota- of April 8 before the govern govern- ment issued its sensational domestic winter crop estimate of bushels for 1932 Some authorities today toda said that as a result of rains th the yield would be bushels o or more In excess of the governments government April figures Wheat closed unstable at the days day's low 2 8 1 l under yesterday finish corn 1 1 1 7 Bc down oats 5 off and provisions showing decline n RANGE GC OF G FUTURES CHICAGO April 28 AP Wheat High Low Close May I S S 54 4 S 1 64 61 July old 56 do new new 1 53 6 se Sept old 59 do n new 61 l' l 58 Z Dec 62 2 62 Corn Coca May 31 30 30 July JUlY 33 33 33 35 50 g 36 g Oats Oats- May 22 21 July July 22 22 2 Sept 22 22 22 Dec 2414 24 24 Rye Rye- May 39 4 37 37 37 July O 7 40 I 42 42 42 Lard Lard- 42 July M 4 gg 43 jg Sept 4 Bellies Bellies- Ma MaY 40 CASH C. QUOTATIONS g CHICAGO April 23 8 AP API Wheat Wheat No I red 5 6 5 I Vi No 3 red 56 Sri No 2 hard 56 56 No No- 2 yellow ellow hard 56 No 2 mixed 4 corn No 2 3 mixed 32 No 1 I jellow restricted billing Jl 1 No 2 yellow No 3 yellow 32 No 33 1 white 33 No 3 2 white 32 43 oats t No g 2 I white whitt 22 No 3 white rye nt No 2 part car 39 39 Barley Timothy seed 3 25 Clover cr seed Lard 4 4 20 Ribs Bellies MINNEAPOLIS POLIS MINNEAPOLIS April Apri 1 23 3 AP Wheat API-Wheat- Wheat Receipts 8 84 cars compared to 65 n a year rear ago aiO Market 2 21 lower Cash No 1 northera north north- era ern 4 No I dark 15 per cent protein 70 4 14 per cent protein 13 per cent protein f 7 12 per cent pf protein l 4 No 1 dark hard bord Montana 14 per ocr cent pro pro- GIS to arrive c 6 6 0 l. l No 1 amber durum No 2 amber durum 67 No 1 red durum May July 61 Sept 59 9 Corn Corn Corn- Corn No o. o 3 yellow 3 j 34 Oats Oats Oats-No No 3 white 22 23 Barley Rye Rye Rn nominal Flax Flax No 1 1 KANSAS KASSAS CITY KANSAS CITY April 28 23 Wheat CAP AP Wheat Receipts 73 33 cars HUh lower No 2 dark hard 50 nominal No lb 3 SOfi nominal No 2 I hard 60 CO No 3 L M 51 Cf smutty 49 49 c No 2 red n c No 3 nominal Close May Mar July O c 5 ber bce SIc December SOc Corn Corn Receipts Receipts 12 cars 1 lower No 2 white whitt 31 nominal No 3 3 30 nominal No 2 yellow 33 nomInal nomInal nom nom- Inal No 3 3 3 nominal No 2 mixed ri 31 No 6 3 nominal I L Close Clos May July 33 c. c Oats Oats Receipts Receipts 3 cars nominally h 1 lower low low- er Cr No 2 white nominal No 3 23 c. c nominal Rye Rye 44 nominaL Barley DarleY 33 Barley tOc nominal LIVERPOOL LIVERPOOL April 28 AP AP Spot Spot wheat heat G Cs d 1 No 2 hard winter Id Baril Barll Os 3 wheat hed closed closed- May SG M July 58 October 61 exchange WI WINNIPEG C WINNIPEG April 28 AP AP Wheat fish Low Clo Close e. e May 61 01 59 69 July 63 61 L 63 62 October 66 6 U 64 64