Salt Lake Telegram | 1928-09-20 | Page 10 | Wheat Storing Boosts Prices

J STORING B Scant Offerings of Corn Cornand Cornand and Frost Predictions Aid Market By JOHN P. P BOUGHAN Associated Press Market Editor CHICAGO Sept 20 Word AP-Word that parts of the American northwest northwest north north- west farmers are storing a as m mch ch chas as 80 per cent of their wheat helped s upward toda today On Omi the other hand country deliveries of wheat in the prairie provinces ot of Canada totaled bushels against bushels a year ago o In the corn market predictions of frost a J- J night were largely offset by official official cial reports that 66 per cent ot of Nebraska Ne- Ne braska corn 58 per cent of Iowa 7 to per cent ot of Kansas and ands 58 s to 68 63 per cent or of Indiana corn cornIs corni i Is sate safe frost Wheat closed firm 1 to l-e l lenet net higher corn 3 S to 1 3 up oats showing l to 5 Sc nil nil- vance and provisions lOc to down Auth Authoritative trade reports from domestic spring wheat territory called attention afresh to evidence that with harvest practically corn com the evident of farmers is to store th grain at home In this connection leading Chicago were quoted as assaying assaying saying this policy and a simIlar Course by the Canadian growers growers' pool were undoubtedly responsible for firm prices at this time Talk was also current that political considerations con con- were being effective towards to- to wards advances of corn offerings at times helped to lift IUt the corn mar mar- ket There was also a. a 1 good deal of notice given to reports ot of relatively relative relative- ly high ligh bids from the east ease for corn available to be shipped at once 7 2 1 cents over September beIng offered for No Ko 2 yellow rellow Predictions Predictions ot of frost In South D. D kota and western Nel Nebraska iver yere likewise a sUbject of oC attention GRAIN TATtLE CHICAGO S Sept pt 20 AP- AP Wheat heat Low Len Close September s 1 December 1151 IH March March May 1 21 Corn Corn- orn- orn September 8 10 December 76 76 76 March March 78 78 May il 81 80 80 81 Oats Oats- S Sept new new U 4 4 41 Dec new 42 I 42 1 41 March 4 44 U 43 43 4 May May 4 8 44 4 U Eye ne S S 9 97 99 December 91 S 96 I 97 97 March March 99 May May 1 1011 10 S Lard Lard- 5 September 14 1243 1215 October 1257 1 ILlS 1237 Ribs Ribs- September a 1405 S October S Bellies Bellies- September U 1605 October 1 1615 16 1595 1595 lASh O. GRIN IN CHICAGO Sept 20 0 Wheat AP 2 ha hard rd No i 4 northern spring j h Corn 2 mixed No o. o 2 yet yet- ellow low Oats 2 43 No 4 white 41 1 No Eye sales sails TImothy seed S Clover ed 21 ISO U 1237 Lard S 1450 7 5 1637 OThER lt RAIN J T JA SAS CITY SiJ Sept t. t 10 O AP Wheat AP-Wheat Wheat Receipts rare ars unchanged ed to Jc Ic lower lowe No 2 darle hard lOSIA 1084 No 3 3 10 6 29 No 2 hard t No o. o 1 No 2 red No 3 Close SP Close Ss mb r 10 December Stay ray Corn R Receipts Corn 61 cars c clower lower to TIC c higher No 2 white e No 3 95 No I yellow No 3 G cN No 02 2 1 1 No 3 9 sc eJ SIc December Ms May Oats Receipts 4 cars unchanged to c higher No 2 while c No 3 4 4 4 is 4 4 heS he malze S Rye tf Earley Larley Dc S P MINNEAPOLIS Sept 29 20 Wheat Ap Receipts cars compared to to a avear year vear 0 ago 0 cash o. No 1 1 northern No I 1 northern ark 14 per cent protein 13 11 per cent protein 1 12 per cent protein No 1 dark hard har l Montana 14 per percent cent protein to arrive J. J 1 1 No 1 red durum 91 9 c September i December Itay a S Corn Corn- Corn o. o 3 yellow b Oats Oats-No o. o 2 c. c Barley 56 Rye Rn I 1 99 c Flax 1 ti 2181