Show RAIN FORECAST HAMMERS CORN CHICAGO Aug 8 8 Fore J-Fore- Fore P Fore Forecasts casts of rain ram and cooler weather over the midwestern corn belt bel Thursday turned prices of corn cor downward After hovering idly near Wednesdays Wednesday's closing cosing levels most of the session pries prices broke near the close cose to wipe out practically practically all al of Wednesdays Wednesday's sharp advance A decline of a cent was noted in the September delivery delver Other grains eased in sympathy with wih corn cor and because there was no buying power to sustain values Acute weakness in soybeans furnished the late feature in grain gram trading with prices off of as much muchas as 3 cents a bushel and in in new low ground for the season Weakness Weakness Weakness Weak Weak- ness in edible oils ois was said to be bethe bethe bethe the disturbing influence since soybean oil oi is a competitor of lard and cottonseed oil oi Lard declined into new low ground for the same reason Corn closed cosed but slightly above the lowest levels reached and c below Wednesdays Wednesday's f fin finish fn- fn in- in ish September December 56 c and wheat was tc c off of September December December De De- cember oats lAc ac down rye off of soybeans 3 SU 3 c lower and lard off of RANGE 0 Ot OF CHICAGO CHIAGO FUTURES Open High Low Close Wheat Wheat- Sept ept S 74 71 5 74 5 73 3 74 74 Doc Dec 75 75 7 74 4 75 5 May Mav Ma 75 75 75 U 75 Corn Corn Corn- Cor- Cor Sept ept 61 61 61 60 60 t 61 61 Dec 56 3 57 M 56 i 56 V R j Slay May 58 k 58 8 A j 57 i 58 Oats Oats- Sept ept Oa 29 29 2014 2954 29 11 2914 2954 29 IA Dec Dee 30 30 30 29 29 Mav Slav 30 K 30 SO ii 30 30 Soy bea beans beans beans- ns- ns Oct 71 i 71 4 65 Dec 71 71 14 71 71 6 68 Vi 68 Stay May y 73 n 73 n M 69 M 69 69 Rie- Rie Sept 42 42 42 42 42 4 11 4 IA Dec 44 4 44 4 43 i 43 May 47 U 47 A 46 s 46 g 46 Lard LardS Lard Lard- S Sept Pt 5 10 0 5 10 4 92 02 4 92 Oct 5 20 5 20 5 02 5 02 Dec 5 37 5 37 5 20 5 20 Jan 5 47 5 47 5 30 5 30 Mar 6 05 6 05 5 97 5 97 Bellies Bellies- Sept Beles- Beles 6 87 Oct 7 00 s WINNIPEG Aug 8 AP Wheat AP-Wheat Wheat futures futures fu fu- fu tures prices on ost minimum levels Cash wheat wheat No 1 northern No 2 2 60 14 c No 3 3 61 c. 61 c cOats c. c Oats Oats No 2 white hiI 30 No 3 |