Salt Lake Telegram | 1935-09-17 | Page 19 | Wheat Prices Soar with War Rumors

WHEAT PRICES SOAR WITH WAR RUMORS CHICAGO Sept 17 Wheat heal ff Wheat prices In major world markets soar soared d Tuesday propelled by ly broad brond speculative buying Induced buying Induced by trade fears ars of ot a war outbreak In Europe and of at a crop disaster in Argentina Quotations were jumped more than four cen cents to within fractions tractions of ot the limit advance p permitted for forone forone one ne day May wheat sold above 1 per bushel the highest price for any future delivery here since the black rust scare of ot early summer Wheat closed 3 to 4 cents higher compared with yesterdays yesterday's finish D December cember 99 and corn was Wa-S 2 to 2 i up December 59 59 Oats gained lla l-lla 1 5 rye Je 3 4 3 and barley barley- 2 2 Provisions were also aha sharply higher RANGE OP OF LEADING FUTURES FUTURES' Wheat Wheat- ope Zilch Huh Low Close Sept 25 05 S I lIa 93 I 95 S 1 May Dec iC 07 l l g Corn COD Sept pt 9 81 In 79 n 51 Dee 57 60 59 May 58 51 58 53 SI Oa Oats Oats- ts- ts Sept s. s 2 21 29 27 2775 25 21 Dec 28 28 Ma May 29 30 29 30 RI- RI Sept 46 48 48 46 Dec 50 5 49 Mar 48 51 41 51 Barley Barley- Sept Sepi 45 D Dec 45 Lard Lard- 1620 1110 1620 Oct 1330 1570 1580 1332 Jan 1335 1340 1325 1340 1230 1287 1260 Bellies Bellies- Sept 1900 1900 CASH CASE QUOTATIONS CHICAGO Sent 17 AP No AP Wheat No 2 red No 2 hard NO 4 mixed Corn 2 yellow 86 No 2 white Oats Oats No 4 whIt tough c No Na 2 white 33 Uc No rye buckwheat or soy beans beani Barley Nominal Barley Nominal feed Timothy seed seed 65 Clover seed seed 25 Lard Lard Tierces loose 1623 Bellies 1895 KANSAS CITY KANSAS CITY Sept 17 AP AP Wheat Wheat- Receipts le Sc lower ower to Sc highe No 2 dark hard aid red 1103 close September SI December May Corn Corn Receipts 20 cars 3 higher No 2 white 83 yellow mixed close September Dt Do- comber cember May Oats Receipts Oats Receipts 7 cars unchanged to IU ISle hither No 2 white Rye Rye Si e. e Barley Darley 43 4 4 c. c MINNEAPOLIS I MINNEAPOLIS Sept 17 AP AP Wheat Receipts cars higher No 1 heavy dark northern spring 5 60 pounds dark northern spring 5 59 pounds 38 pounds No 21 57 pounds 1333 fancy No 1 hard Montana 1126 grade erade of 1 I dark hard or 1 I hard Montana winter fancy No 1 I hard umber durum SI 12 2120 red durum September SI 35 December Ma Corn Corn No 3 yellow Oats No Oats No 3 white 23 HO 39 He Barley Barley Rye Rye No 2 48 i V f. f Flax Flax No 1 1 Sweet clover seed eed High Low Close WINNIPEG Sept 17 C AP AP Wheat October S 8 t I 93 92 S 1 93 December 94 92 May 96 87 t Cash wheat wheat No 1 S northern 9 Sc 97 v c No J I northern lc No 3 northern 87 c. c oats Oats No 2 white No 3 white LIVERPOOL LIVERPOOL Sept 17 AP Spot wheat Western Australian 6 Sd No 1 ManI- ManI Ta fid Sd Trench French Ss 51 aidi Barll Baril not quoted futures closed strong October 9 Uc December 94 He c March exchange