Salt Lake Telegram | 1935-05-07 | Page 19 | Wheat and Corn Make Late Rally

WHEAT AND CORN GORN MAKE LATE RALLY CHICAGO May 7 P Wheat tT Wheat and corn futures prices dropped around 2 cents Tuesday but rallied slightly before the market closed Commis slon house pressure was particularly arly pronounced in the corn pit and many stop loss orders were un un- un covered Reports of favorable weather and crop condition from spring wheat and corn territory where growing or planting operations are arc receiving benefit influenced sellers At the close corn was Tl to 2 cents lower compared with yesterdays yesterday's yester- yester days day's finish July 81 81 with September showing the greatest dc de- de dine cline and wheat was 1 to 1 off July oats lost 1 to 2 Rye yc 1 to and Barley was 2 off offo to o 1 up Provisions were steady to easy RANGE OF LEADING FUTURES CHICAGO May 7 AP grain Prices Wheat Open Low Close May 8 96 1 S 91 85 July 00 97 95 Corn Corn- May 90 88 89 Jelly 83 83 61 78 16 Oats Oats- May 45 45 July 39 35 Rye Rye- 58 56 56 July Scot GOla 53 Barley Barley- May 62 July 59 Sept Lard Lard- May 1267 1267 1280 1260 July 1285 1235 1275 1275 1302 1287 1267 Bellies Bellies- May 1670 July 1670 CASH QUOTATIONS CHICAGO May 7 AP Cash AP-Cash Cash wheat wheat- No 2 hard 1 1034 Corn Corn No 2 yellow Oats Oata-No Oata No 3 mixed No 3 white 45 Rye and buckwheat buckwheat No No sales Soy beans beans No 2 yellow II CO Barley Feed Barley Feed 1100 Timothy seed seed cwt Clover seed seed 12 00 1675 cwt cat Lard Lard Tierces loose 1215 Bellies KANSAS CITY KANSAS CITY May 7 AP Wheat AP-Wheat- Wheat Receipts 27 cars 1 hither higher to lower No 2 dark hard hard Close Close- May July September 83 Uc Corn Corn Receipts 14 cars H 5 to 1 lower No 2 white whIted 95 yellow 91 mixed 69 Close Ma May 88 c July Oats Oats Oats-No No receipts unchanged to 14 lower No 2 white Rye Rye Rye-b 70 Barley Barley MINNEAPOLIS MINNEAPOLIS' MINNEAPOLIS May 7 I AP AP Wheat Wheat- Receipts SI 51 cars lower No 1 northern S 15 45 15 dark northern fancy No 1 hard Mon Mon- tana hard amber durum 4 red durum May 1111 July September c December Corn Corn No 3 yellow Oats Oats No 3 white Barley Barley Rye Rye No 2 57 60 Flax Flax No 1 3 1841 Sweet clover seed seed WINNIPEG WINNIPEG May 7 CAP API- Wheat Wheat- Zilch Low Close May 87 87 86 86 July Juli 89 Si Cash wheat wheat No 1 I northern 86 6 No 2 northern 83 No 3 northern 79 Oats Oats No 2 white 39 No 3 white whiteS S No 1 sifted allied 36 LIVERPOOL LIVERPOOL May 7 1 AP AP Spot wheat wheat- Western Australian 5 ad No 1 Manitoba 78 French Ss Id Futures closed easy May July Me October exchange