Salt Lake Telegram | 1934-06-14 | Page 18 | Wheat Price Drops to Bottom Levels

I I 1 WHEAT PRICE DROPS 1 TO 0 BOTTOM LEVELS CHICAGO June 41 iP Wheat plunged downward late Thursday to the he lowest lowet points pints touched since sice May 28 28 8 off of about 7 cents from days day's top lop Movement Mo of new newly harvested wheat was wa reported as a rapidly increasing in in- creasing southwest southwest Enid Okla Okia sending send- send inc ing ng word o of arrival of carloads carload toay to to- day ay Winnipeg advices advie of improved Improve crop rop conditions for wheat in the Canadian Ca nadian prairie provinces province had an- an additional bearish influence Rallying at the last last wheat closed nervous 1 to t 2 2 under Wednesdays Wednesday's Wednesdays Wednesday's Wednes Wednes- days day's finish September 94 to 95 corn orn cor is off of to up oats oat to down own and provisions unchanged to t a ari arise rise ri o of 12 cents cent RANGE flANGE OF LG LEADING FUTURES Open Open High Low Lw Close Wh Wheat Wheat- July uly t S 8 95 S 8 95 J 8 93 S 5 94 54 Sept s 96 i 4 03 g 93 95 Dec Dee 98 98 95 96 i Corn Corn CorD July uly 57 57 58 1 56 58 Sept 59 60 58 5 59 Dec 60 61 61 60 80 el IlM Oa Oats July Uly July 43 43 H 43 4 43 4 43 U Sept ept 43 i n 43 42 4 43 Dec De U 44 4 44 43 L s 44 a 44 Rye Rye Rye- July July Uly 65 6 63 65 63 65 Sept ept 66 67 61 6 65 63 66 Dec D. D 69 60 69 60 68 69 9 Barl Barley Barley- y July 55 a 57 56 Sept 52 3 54 1 2 52 54 54 Dec Lard Lard Lard- July Uly Lord Lord- 67 Sept ept 01 Oct 2 25 U Bellies Bellies- July Uly Sept i g g g CAS CASH QUOTATIONS CHICAGO June 14 1 AP P API Wheat No 2 red ed red No 2 hard 97 Corn Cor No 2 yellow 59 No 3 white 66 68 Oats No 2 white 44 No 3 white No rye ne Dale Barley Timothy seed 9 00 cwt Clover i r teed seed cwt Lard tierces 6 loose 1 lard 6 J Bellies Bel Bel- lies KANSAS CITY KANSAS CITY June 14 U AP Wheat AP-Wheat- A heat V Receipts KAB P cars 3 2 3 lower No 2 dark hard iJ hard J. J red l 8 t 88 c July 6 cr September 8 c December De De- D. D ember cember g 89 c Corn Corn Receipts 17 IZ cars un Hi lower No 2 white Cor h lc yellow 58 mixed ed 55 5 f July ty Igi Vo September pt 6 Oats Receipts Oats Receipts upu 1 car unchanged No 2 white whit Rye Rye C 6 Barley Banley 48 Barley 48 SIc MINNEAPOLIS MINNEAPOLIS Minn Minu June 14 I CAP CAP- AP Ae A- A Wheat Wheat- Wheat e 21 cars Oc lower No 1 northern 99 wr ctr I no dark northern orl rn dark C hard r Montana t 1100 lOOi M ni amber 6 dd durum l l l 1 red durum 87 8 87 c July Septem ber ben 95 c. c Corn Corn No 3 ni yellow ow c. Oat Oata No 3 white 4 ic Barley Barley 45 45 Rye flye No 2 67 c. c Flax No Ilax No 1 Sweet clover aeed aeed ced WINNIPEG WINNIPEG June 14 1 AP Wh A-Wh Wheat AP-Wheat Wheat t Bich Low Close Jul July 1 I 76 Lw 75 15 I CM 76 16 Oct Ot 78 77 78 8 4 Dee D 78 79 a I Cash l wheat No I 1 northern r s No 2 nOh northern 73 c No 3 northern 69 1 Sc Oats N No 2 white Yi fr No ho o 3 white 35 Kc c. c LIVERPOOL LIOL LIVERPOOL June Jun 14 AP pot AP-pot Spot AP-Spot Spot wheat western Australia s I lid ld No 1 I Manitoba 65 Russian b Resale as 8 d. d Futures ea y e-y enay y Jul July 69 October 74 7 1 December 76 Exchange e. i. i