Salt Lake Telegram | 1934-05-10 | Page 20 | Wheat Price Soars Full 5-Cent Limit

WHEAT PRICE SOARS FULL CENT 5 LIMIT I CHICAGO May 10 For A the first time since October 17 the wheat market soared oared to the ex cx po possible limit ot of 5 cents cent a buh bush Cl el Immense speculative purchasing a companied the rise rie Sensational crop damage advices v virtually unabated drouth and per widespread ad storms torm of dust dut fur lur the inc for the general rush to t buy Extreme maximum toP prices for lorl wheat t tv v were rc held the thc days day's trading ended with the cl close c strong 4 cents up compared with Wednesdays Wednesday's finish JUly 88 8 corn cor 1 2 up oats oat 2 21 2 advanced and provisions pro pro- pro visions unchanged to a rise of 12 cents cent OF O Open n Low Lw Close Un 8 1 90 10 8 55 1 Jul July l 88 8 a Sept Scot 84 8 84 a I 9 Corn Corn- Ma Mai CorMa Cor- Cor 46 41 46 4 6 U 48 Jul Juti 41 52 42 51 p Sept SQ 50 52 Oats Oats- May Mar 34 36 3 3 34 Jul Juli 33 35 3 Sept 33 36 35 33 Rye Rye- Mu aray RJ- RJ 57 GO 57 GO 60 July Jul 67 1 GB 37 61 B Barley Barley- 44 4 July 4 U 42 4 45 4 Sept Bep U 44 46 6 U U 46 Mar la Lard Lard- Jul July 80 10 Sept Bellies Bellies- 1 3 61 May Bele July f CASH QUOTATIONS CHICAGO May Ma 10 10 A Sam AP pl pie trade crade hard had 5 Corn Com 4 mixed 50 C e No 2 nto No 2 yellow old old 4 No 2 whIle Oats 2 whIte c No 3 white 35 No rye re larley 42 flUe Timothy Bale seed ae fUe cwt clover seed seed-Il seed cwt Lad hi loose loos lard larl 1557 MI OUS May Mar 10 Wheat AP-Wheat- AP 57 5 car n higher No 1 north noth- em dark northern r l nW ll n I fi c dark r hard M Montana na am ber br durum red durum 81 66 1 c c Stay 17 July Uc ber corn e yellow yelo n Oats S 3 whIte hll 2 c B 33 Rye 3 5 Flax I Sweet clove Med aeed KANA city ciry KANSA CITY CT Mu May 10 Wheat AP-Wheat- AP Receipts 7 cars cari hither No 2 dark dak herd hard hard bard U c red 1 U U Ue e May aO c July 1 c Septem her br Com Corn 9 eira ear e hIgher NO 2 5 f e mixed a May 45 17 Sep Sep- p. p tc f timber September Pt b Receipts Oats S 3 cars cani hither No 2 white RJ Rye 3 6 Baler 2 4 c LIVERPOOL LIVERPOOL May 10 AP Spot A-Spot wheat Western Australia U Id Sd Ito No 1 ManItoba Russian 41 4 4 6 d. d bareI atud May Iu l J Jul July I II October sl 1 December 71 2 1 change 1