Salt Lake Telegram | 1923-02-18 | Page 29 | Wheat Prices Average Higher

AVERAGE HEAT PRICES HIGHER 11 CHICAGO Feb 17 Wheat Wheat Wheat aver averaged ged n. n little Itlo higher in price today with buying based more or less on the British war debt settlement at Washington on and on asserted cheapness of ot wheat compared with wih the genera general general gen gen- eral era commodity list st. The he market closed Unsettled unsettled un un- settled at Ko decline to yc Ic advance advance May to 20 1 and July to toSI SI 15 Corn gained pined HOtto to O e enet net oats oate finished I Uc c off to Uc lc c up and provisions provisions provisions pro pro- visions varying from 20 setback to a rise of ot lOc An upward slant shown by the wheat market market market mar mar- ket at the was taken In sor some quarters quarters ter a as due chiefly to senate action acton disposing I ing of ot any doubt which might have re remained remained re- re In regard to plans for fUl funding Great Britain's financial obligations to the United i States StatU A little lite upturn In wheat values at a Liverpool tended somewhat to emphasize this view Bulls Dull were Weye also encouraged owing owIng owing ow ow- ing ing inS to movement early absence of ot any any extensive selling sell sell- sel- sel On th the upturns In the wheat market some lome renewal renewal ot of liquidation for eastern interests interest Interest however became apparent and the May ay deliveries de do- liveries showed considerable w weakness at times Meagerness of ot export expert dealings dealing was wa used as a bear bea factor In this thi connection but cold weather expected to last lat several days daya longer In the tho domestic winter wheat whet territory territory terri tern tory acted as al something of ot an offset othet I Speculative buying gave Independent strength to the corn cor market markot and helped to justain oats exporters Exporter were after ater corn and and I there were signs of ot better beter eastern and anti southern demand for oat oats Despite weakness of ot hog hol values provisions provis provis- I ions 1005 were firmer with grain rain with cottonseed cottonseed cotton cotton- coton- coton seed ed oil 01