Salt Lake Telegram | 1932-09-14 | Page 12 | Wheat Tumbles from Top Level

WHEAT TUMBLES FROM TOP LEVEL CHICAGO Sept 14 1 F Wheat prices dropped abruptly in the late dealings gs Wednesday tumbling about 3 cents cent a bushel from an earlier top level level Broadening of commission house selling revealed that tho the market was wa without any any- aggressive support anc and forced many stop loss orders into exe cution cuton In various quarters some hesi tancy lancy as to wheat purchasing was wa ascribed to uncertainty regarding an address scheduled for lor today by Governor Governor Gov Gov- eror Roosevelt in which he was ex ex- ex to touch on the agricultural situation Wheat closed cosed unsteady 1 7 2 1 14 1 under yesterdays yesterday's finish corn cor l 20 down oats oat unchanged d to off of and ad provisions varying from rom 2 cents cent decline to a rise of 7 cents RANGE OF LEADING FUTURES CHICAGO Sept 14 1 CAP CAP- AP Wh Wheat Wheat- at- at HIgh Low Lw Close September old S 51 S 8 8 48 September new 43 December 53 SS 52 May 57 Corn Corn Corn- September 27 December 30 23 29 May 34 34 Oats Oats Oats- September 1514 15 15 December 18 18 17 17 May Hay 21 20 2011 Rye Rye Rye- September 30 December 33 May 33 Lard Lard- September October January Bellies- Bellies September S 5 87 CASH QUOTATIONS CHICAGO Sept 14 AP Wheat API Wheat No 2 red 2 No 3 red 52 i No 2 hard No 2 yellow hard Corn Corn No 1 mixed 40 Vic No 2 mixed c No 1 yellow No 2 yel id- low 30 c No 1 white No 2 white c. c Oats Oats No 2 white H mic No 3 white Rye Rye Rye-No No sales Barley Timothy seed seed per cwt Clover seed seed per cwt Lard Lard Ribs Ribs Unquoted Bellies Bellies S KANSAS CITY KANSAS CITY Sept 14 AP Wheat Re Wheat Re s 81 SI cars ic higher to l o lower No 2 dark hard nominally No 3 nominally 43 No 2 hard 44 i No 3 No 2 red No 3 Close September December c May COVic Corn Corn Receipts 12 cars to tolie Vic lie lower No 2 whIte while 27 We No 3 3 asHy nally No 3 yellow 28 No 3 nominally No 2 mixed nominally 27 No 3 nominally 2614 Close September lIe December 27 ic May 32 c. c Oats Receipt Oats Receipts 2 cars unchanged No 2 white nominally 18 No 3 nominally Rye Rye Nominally Nominally Barley Barley I WINNIPEG Sept 14 AP AP- AP Wheat Wheat- Low Close October S 53 S 5 50 8 December 54 54 52 May 59 57 57 Cash wheat wheat No 1 I northern No 2 northern No 3 northern Oats No 2 white while No 3 white while S LIVERPOOL LIVERPOOL 14 AP Spot AP-Spot Spot wheat New New Wales Vales Cs No 3 Manitoba Ci Rotate 5 D Olid d. d Wheat close October close October December March 53 f Exchange