Show WHEAT PRICES o RISE 2 CENTS CHICAGO June 22 W Wheat RI-Wheat Wheat prices price scored scared gains of as a much muchas as 2 cents Saturday as traders re returned returned returned re- re turned to the buying side on prospects prospects prospects pros pros- of government flour purchases purchases pur pur- chases chaes over the week end and less les discouraging aspects of the international international inter inter- national economic situation Although the French situation continued to disturb many dealers and rain offset reports of crop I I deterioration in the spring wheat belt bel short covering was in evidence evidence evidence evi evi- evi- evi dence in the pit pit Two To significant recent developments development developments develop develop- ments ment attracted trade attention n but dealers were uncertain as a to their future economic effect particularly particularly par par- with wih reference to grains One was wa the indicated change in inthe inthe inthe the British attitude toward purchase purchase pur pur- chase chae of food supplies from the United States State which has ha been halted haled since last lat January Negotiations Negotiations Negotiations involving purchase of lard and canned caned milk mik were revealed Friday The other was development development development develop develop- ment of the administrations administration's plan for Pan Pan-Am Pan American rican economic a system system tem tern for disposition of western wester hemisphere surpluses on outside markets Wheat closed cosed 1 3 Sc to 1 7 Sc higher than Saturday July 79 5 Sc September 80 SO 8 1 79 7 Sc corn 3 Sc to c up July 62 8 5 62 7 Sc September 60 5 Sc oats oat 3 Sc to c higher RANGE OF CHICAGO FUTURES Open HIgh LOW Lw Close Wheat Wheat- July Weal Weal- 5 78 78 79 gU g Sept 78 i 78 Dec 79 81 80 Corn Corn- July 62 63 s 62 62 oa Sept Sept 60 I 60 60 60 60 60 Dec i Oats Oats- Oats July 32 32 32 32 Sept 29 s 29 gg Dec teft a 8 30 o 30 30 Soybeans Soybeans- July 78 75 80 78 18 80 Oct Oct 75 75 Dec 14 74 Rye Rye- JUI July 32 41 Sept 43 44 4 43 Dec 46 46 Lard Lard- July Sept 5 95 5 90 5 90 Oct 6 00 6 00 Dec 6 17 11 Bellies Bellies- July Bele- Bele 6 00 Sept WINNIPEG High Low Lw Close July 71 October 73 73 73 os December oe er 75 74 75 Cash wheat I. I northern j No 2 2 No 3 63 c. c pats Oats 2 white 28 c No 3 26 |