Salt Lake Telegram | 1925-10-04 | Page 31 | Wheat Prices Go to Season's Low

I Wheat Prices Go Goto Goto to Seasons Season's s Low Low I Ir r CHICAGO Oct 3 AP Lowest Xi Lowest AP-Lowest Lowest prices yet this season were reached today by I future liveries deliveries of wheat The dOWnturn down dOWn- I I turn accompanied news that import import- tion of a a. considerable amount moun t of Ca- Ca radian wheat to J Minneapolis lI for milling had been arranged Wheat closed nervous nervous nerv nerv- 00 ous at 6 i to lo 1 c net decline new style December 1 34 I to Jl 34 and Slay May to With corn l t to lc I off oft oats th to to hc c down ana and provisions provisions provisions pro pro- visions varying from Sic decline to a a. arise rise of 17 cents With Villi wheat prices s at Winnipeg showing show- show i lag ing discounts I that h apparently made a ex exports cx- cx a i Ot ports t of United e States wheat to Europe I out of tho the question and with likelihood likelihood- that tha-t visible supplies both in Canada and the United States would show another substantial Increase on Monday Mon lay u 1 wheat market here displayed we- we wen n s today right at the opening The head of ot the Canadian Ul I I j J. was quoted as saying that price declines were only natural in view of the tho thear ar ge Canadian crop other adVIces advices advices ad ad- vices at hand told of unusual difficulty of disposing of Canadian wheat t tb tO Europe Europe Europe Eu- Eu l I rope and anil of ot good prospects for the tho new new wheat crop in Argentina and Australia Although I ough setbacks backs in wheat prices brought about increased buying especially especial especial- ly on the part of or houses with northwest I and foreign connections connections- the Tallies Tallies' which ensued failed to last and end tho the market broke to lower levels than at first A late depressing factor was anI announcement an an- of ot busheLs is I of the amount amount- of wheat afloat t for Europe Europe Europe Eu Eu- rope as compared with a week ago On the other hand It was said flour lour sales I. I by northwest mills milia this week have b been I the largest large t effected In years Corn and oats sagged with wheat J There Thet s' s persie nt selling of corn in I small lots appa appa for rural account i iB B Besides des corn receipts were larger I Mo Most MOlt t deliveries of provisions were 1 higher as ss a a. result of packers freely I I buying October lard I 1