Salt Lake Telegram | 1938-04-16 | Page 13 | Wheat Prices Dip at Profit-Selling

WHEAT PRICES DIP AT SELLING PROFIT-SELLING CHICAGO April Apri 16 W UP-AI- UP AI Al Although though traders studied reports report from the southwest Saturday crop damage in some fields as a a result of recent cold weather prospect prospects prospects pros pros- of a big harvest of winter wheat dominated the market causIng causing causing caus caus- ing persistent light selling that kept prices fractionally lower most of the session taking Profit taking Prof-taking lagging export business business busi busi- business ness during the holidays in foreign markets maket and grain belt rains offset offset offset off off- set strength in securities and in inflation inflation in- in faton gossip Wheat closed 1 c to 5 Sc lower compared with Thursdays Thursday's finish May 3 July 81 81 7 Corn l i up to 3 off May 3 July 61 8 7 oats oat J c to c e higher RANGE OF LEAD LEADING G FUTURES Open High fligh Low Close Wheat Wheat- May 85 84 84 July 82 82 81 81 Sept Corn Corn- 83 83 82 82 May 60 60 60 60 60 July 62 62 62 62 Sept 63 63 c 63 63 62 s Oats Oats' Ma May ats 30 30 30 0 29 29 g 8 July 27 27 21 27 27 a Sept 2701 28 2734 27 May Soybeans Soybeans- 3 JUly 92 92 Oct 88 Rye Rye- May 61 60 60 61 JUly 59 60 5 60 Se set 58 5 5 58 May May rc- rc 8 40 July 8 70 8 62 8 86 62 Sept Sept Oct 8 95 80 M May Bellies Bellies- 10 50 1050 July 1085 1085 WINNIPEG AJI Va 16 g l 14 Ih October l f r rN oCho Cash wheat h 1 n northern t n. n 14 Nu 2 seI No 3 N Oat k 2 white 1 49 c No 3 46 c. c