Salt Lake Telegram | 1938-10-17 | Page 15 | Dearth of Demand Cuts Wheat Prices

1 DEARTH OF DEMAND CUTS GUTS WHEAT PRICES CHICAGO Oct Oct 17 GT tIP U Seven- Seven eighths of a cent a bushel buhel sag sg of of Chicago Chiago wheat values value took place Monday chiefly owing to dearth of either eiter speculative or export demand de de- de- de mand December delivery delvery of C cor corn 0 r n touched a new price low-price record for forthe forthe forthe the year At the close Chicago wheat futures futures fu fu- fu- fu tures were i lower compared with Saturdays Saturday's finish December 64 64 May ay corn down December 44 44 May and oats unchanged unchanged un un- un- un changed to Va off RANGE flANGE OF LEADING FUTURES FUTURE Open High HISh Low Close Lw Wheat Wheat- Dec 64 64 64 I March I May 6 65 3 66 July 66 66 Corn Com Dec H 44 44 44 March 46 May 41 41 g 47 47 41 47 l July 49 s 49 Oats Oats- Dec 2518 25 24 25 May 25 25 25 25 2514 July 25 Soybeans Oct 68 68 67 Dec 68 67 61 i May 69 69 4 2 69 Eye Re Dec 43 43 42 May HJ Lard Lard- Oct Oct Dec Jan March LIVERPOOL LIVERPOOL Oct 17 AP Spot AP-Spot Spot wheat No 2 Manitoba l 5 9 AP d Russian Australian I n. n Sc s S 4 d. d Wheat futures closed cosed barely steady October r 72 tc December 67 c March Marh ob c. c Exchange WINNIPEG WINNIPEG Oct Oct 17 11 AP Wheat AP-Wheat Wheat A-Wheat Wheat High Low Close October 62 61 Lw l 62 December 61 61 l 4 60 J. J 14 69 May May 64 63 2 63 Cash wheat No 1 northern 63 c No 2 59 c No 3 57 c oats oat oats Ko No 2 Z white 28 c No 3 3 25 c. c I