Salt Lake Telegram | 1934-08-02 | Page 14 | Grain Gains Lost in Profit Selling

GRAIN GAINS LOST LOSTIN IN PROFIT SELLING CHICAGO 2 Profit jP Profit taking talc take Aug ing sales oh oil advances wiped out gains in wheat prices late Thursday and caused net losses in corn Upturns which failed to hold were yere based lar largely on August unofficial crop estimates Indicating that the 1 1931 yields of the live five principal ce cereals cereals reals were below domestic requirements require require- ments The total production of wheat corn oats rye and barley this season sea son was placed at bushels bush els the smallest aggregate since 1894 Wheat closed uneven 3 lower to toc c higher compared with Wednesdays Wednesday's Wednes Wednes- days day's finish September new 8 1 corn I 8 l c down Septem ber 70 70 7 Be oats unchanged to c up and provisions 7 to 15 cents advanced RANGE or LEADING FUTURES CHICAGO Aug 2 API- API Wheat Wheat- Open lilt Low Cloi old do new 1 Dec old do new 10 1 06 I May 1073 Corn Corn- 73 3 May Sept old 47 4 do new 47 Dec old 48 do new 43 48 May 50 50 Rye Rye- Sent old 76 77 75 do new 77 77 75 old 78 76 do new Barley Barley- Sept old 60 61 Dec 63 63 Lard Lard- Sept Oct Dec Bellies Bellies- Sept 1040 1045 1040 1045 CASH QUOTATIONS CHICAGO Au Aug 2 Wheat AP No 2 red No 2 red garlicky No 1 hard SI 07 i No 2 yellow hard No 2 mixed Corn Corn No 2 mixed fOe No 2 yellow Sc No 3 yellow Wo No 2 white Oats Oats No Z 2 white 43 43 c No 3 white ic Rye Rye Rye-No No sales Barley 58 Timothy seed seed ewi Clover seed seed cwt Lard Loose lard 1830 Bellies MINNEAPOLIS MINNEAPOLIS Aug 2 AP AP Wheat Receipts cars Vic Sc lower No 1 north north- cnn ern dark dank northern dart dark hard Montana fancy and ard amber durum red durum 1 September December May Corn Corn No No 3 yellow Oat Oats No 3 white while Barley Banley Rye Rye-No No 2 Flax Flax No 1 Sweet clover seed 1400 KANSAS CITY KANSAS CITY Aug 2 AP ReceIpts ill cars I to 1 cents No 2 dark hard 31 03 hard 14 red September Dc- Dc cember Stay Receipts Corn cars 4 to cents higher No 2 white 1634 yellow 73 mixed 72 September December Slay May 76 Oats Receipts Oats 5 S cars unchanged to Is 34 cent nt higher No 2 white Uye Rye Barley Barley OS 65 5 70 WINNIPEG WINNIPEG Aug 2 AP AP Wheat Wheat- Hush High Low Close Oct 8 t 90 5 3 Die 91 90 May 93 93 Cash wheat wheat wheat-ho No 1 northern No 2 northern 84 No 3 northern 83 Oats Oats No 2 white 41 No 3 white 36 LIVERPOOL OI LIVERPOOL Aug 2 AP Spot API-Spot Spot wheat Western Australian 55 lid Russian Ss Gd 5 Ss Olid Futures strong strone October 89 4 December March Exchange 1502