Show r S. S WHEAl HEAT PRICES f f POINT UPWARD J i. i u f. f Violent Price Movements Movement L j 1 Made de' de in S Saturday Pit Session J. J f f 5 5 A. A By fly JOHN P. P BOUGHAN t d Press Preas Market Editor S S CI CHICAGO I AGO Aug ug 10 AP De AP-De- De- De tf t I l somo bearish aspects both bOUl of ot S tha Canadian and United States government crop r reports ports wheat wheal t. t today closed with a n distinct S S L violent fl fluctuations upward slant Many Many- full full- c- c Sj were witnessed but In Jn tho q I end end a majority of traders hero ap appeared f- f S to be acting on belief that t in view Jew of ot Immense crop losses confirmed th the export demand for tor forS for'S S 'S American in wheat is s bound to toS toh h S 'S urgent and that stocks of w wheat at on this continent will thus bo b greatly depleted Chicago closing closIng- quotations on wheat were cre nervous at al the same as RJ yesterdays yesterday's s. s finish to 2 a Sc 6 higher Corn closed d 3 Sc to 1 Sc 1 net howS how'S low how r. r S 'S er r oRtS oats 3 Sc off oft t to a n. shade up and S pr provisions unchanged to a a. riso cc oJ At first th the wheat market here herc S was was' largely largey dominated by the fact that hat Liverpool quotations showed an unexpected sharp upturn traders trad trad- ers t abroad c construing the tho United S States State crop report as bullish vago cago prices es quickly rec receded ded how- how over o when hen the fact tact became known S that the meaning which foreigners Attached to o the tho report was vas because of circumstances that had hod been to tou u great d degree gree di discounted here bo be- be ft forehand Tho new now official figures es from r b Washington nc nevertheless confirmed cont conr con con- t r firmed Immense deterioration o otho of tho the domestic spring wheat crop asWell as M asWell Well as severe losses leases In domestic winter wheat On the other hand tho Washington report also Indicated Indi bushels increase of or ielI of ot all dom domestic tic wheat as ns compared compared com con pared with recent private estimates Evidence E o pointing to a large amount of oC export business in wheat overnight o front from the United d States led afterward to tallies until word vord w was s received that Canadian government bO crop condition figures issued t today day consid considerably above bovo what had md been teen generally ex cx- cx S The rhe Canadian Sovet government figures figure implied that tho the 1929 yield of or wheat In lu Canada would aggie sate gate to bush bush- eJ elm els A A. sudden drop In prices here ensued but with the tile Vl Winnipeg market showing a a. quick recovery tho Chicago market promptly re re resumed rc- rc a decided upward course courses es especially cs- cs S e i lly as tho the fact was wal recalled S that th the clo crop of ot Canada last 3 year ear totaled bushels The real essence lessenco of or tho the two government govern govern- me ment crop reports It was was' urged is that the 1929 North American wheat heat crop is bushels less than thana a a. year ago I Somewhat better corn crop conS conditions con con- S including a I. forecast ot of beneficial rains lans did much to weaken the tho c corn rn market although h hearly early canly In the tho day tho tio tho chief price price- e- e making factor was wag a n. bullish construction con con- placed on oil the government ct crop p report as as to corn Bullish crop comments from tho the Canadian nor northwest Vest h lu had d but little muo effect on oa oats oate te Provisions W went nt higher early carly but afterward sagged as a result of ot by scattered holders of Jard lard S GRAIN TABLE CHICAGO Au Aug 10 AP Ap- Ap Wheat Wheat- High I Low ow Close September 1 t. t i 1 December i March ll 1482 May I y 1 0 1 i Com CornS Corn Com S September December 17 7 9 35 95 I I lOOH 91 93 US Mil ilay lOOH Oats Oats Oats- 49 Ut 1 45 U 48 U December 53 3 52 S SI 52 March tarch 56 85 55 SS 55 I ilay 56 56 56 Vj I Rye R fly September JO 1074 lOS December 1164 j 11 March lurch 11 lISH lUY Slay Iy i 2 1 1 I ILard Lard Lard Lard- S 1175 1110 October r 1195 1190 1190 1130 December l IS 1205 OS OS 1197 1127 1197 1137 Ribs September w. w IS 1230 JO Octo October er Blank Bellies Dilie- September 1447 1441 1440 1447 October 1425 1435 U. U 1430 1830 O 14 1485 SS 1 CASH CHAIN ORUS CHICAGO Aug 10 AP AP Wheat No 1 i n tl No 3 I red red I 1116 com Cor Corn No 2 mixed 1100 No I 2 white Oat Oata Oats No 2 I white whitt 45 No 4 white while I CI S Ry nI Bye No No No sales ales Quotable Barley Quotable range rance 55 f GOt Timothy seed Clover luet 60 S Ribs II Beilin-II MO S r S OTHER GRAIN IS RJ L TS SAS A-SAS CITY Aug 10 AP Wheat AP-Wheat wheat CI 0 01 cars car carer t tone ne' ne hard hard 1 cent 1 lower to Jo lo up J soft toft lo Ic lower I e to Ic If up S c c. c 2 I dark darc hard No 2 No 3 bard 1 No O 2 3 UlI OIZ No 2 Pe zed tied 3 16 Xo no 3 2 Cose September 10 J December lf May y S 1 f Corn Carn Corn Receipt 2 31 21 cars car ton tone ton unchanged unchanged un un- un chI changed td to t lo Ie lower No 2 Z whiteS no J nominally CUc No s f 1 yeIi rell yellow w w. w Ic hc No 3 nominally U 0 lic No 2 mixed No 3 3 I. nominally Close September 1100 December 5 JS S Oats OUI Receipts S I cars can tone unchanged un changed chane to o e lower No 2 white 42 n nI I eUe Ko 3 2 lt ye nominally 00 1 Iel- Iel l GC 4 MINNEAPOLIS Aug Au 10 AP AP Whet Wheat Receipts car car compared to ill US year a ago t o. o Cash No 1 l northern J No 1 I dark northern K 24 tint per per cent protein 13 per nt protein rot ln Jr 12 P per r protein No 1 dark n rd Jard rd Montana 14 per cent protein s. s t arrive SI 11 sis No 1 lam am- am r fc durum No 2 am sin- b ber I durum No 1 I red IO f Se September 12 I December II U Ma May CorNo Corn o. 2 3 yellow now t S U ic tc No tw U. U cats cat b 2 barley J ESQ SO lie flax Dax No I 1 1 I U I 6 Aug Aug- U 3 lo 10 AP AP P Wheat No 1 1132 No 1 hard corn corni f white whit lie No 2 yell el J i wi loE No 6 G. G mIxed U Ide No No 4 white while c. c TOLEDO Aur Aut 10 io CAP AP Corn corn NO o 2 e S o. n No 9 2 2 1111 Clo or ed October domestic f U mb r 1425 1 October n 1 00 December Iio mw I Aur uC 10 AP AP Al' nye r vary 7 No o 2 f 1111 lIU I-lIU r. r o. o o b. b New l aD cl I. f. f export export Brt Barley Darley domestic 7 c S Spot Spot fIrm NO i t nod norl northern bern c c. c 1 t. t t k New Nw York lil 61 11 Vi No Na z 2 h b r rA whiter r t O C o b. b New C York 1139 li a iff A S SS S 1 A bA f I I I No o 2 mixed durum do do 13 No 2 ba do Corn Spot eal No 2 yellow ellow C. C L 1 f. f New York H. H No 2 I I 1 2 do Spot Oats steady No S S' S Other articles articles' white soc COe unchanged POn L n. Ore Aur Aug in 10 0 AT CAP CAP- I Wheat closing September 81 1127 ST December i May hay 81 io f rL U. U O Cas D BBB D bard J l I oCt white western white whitt II winter r northern spring n reI red U. U 15 car t wheat 11 flour flour 0 oats oab 1 ha haWI hay 3 corn 7 1 S WI Aur Aug 10 API C Closel October SISi TV December cember l. l t J Flar October I 55 32 Cash wheat No 1 l northern Hl tt j No Xo S ss No- No Nog I g UIO 1 o t northern t 4 l t T j lit |