Salt Lake Telegram | 1937-08-19 | Page 23 | New Wheat Stock Sends Price Down

NEW WHEAT STOCK SENDSPRICEDOWN CHICAGO. Aug. 19 UPI Enlacged arrivals of newly harvested domestic domes-tic spring wheat in the northwest counted heavily late Thursday as a weight on prices. trcme collapse of wheat quotations here was witnessed, with Chicago May wheat contracts touching a new bottom price record for the season. Receipts of wheat at Minneapolis Minne-apolis and Duluth today totaled more than triple the quantity a year ago. At the close, wheat was 2 7-Sc to 3 7-8c under Wednesday's finish; September, $1.07 jj 1.07!a ; December, $1.0941 .09 1-8; corn. 1 l-8c to 1 7-8c down; September, 98Ui98 l-8c; December. De-cember. 65 7-8c to 66c, and oata unchanged to 3-8c lower.