Salt Lake Telegram | 1937-07-16 | Page 25 | Wheat Price Jumps at Canada Reports

WHEAT PRICE JUMPS. AT GANADAREPORTS CHICAGO. July 1 IfFV More than S cents a bushel jump of wheat price Friday followed official offi-cial announcement that Canada will have little wheat for export from this year' crop. In addition to wholesale drouth damage to Canadian wheat, re porta at hand told of alarming spread of biack rust both sides of th. Canadian Ca-nadian border. In Chicago, assertions asser-tions wer. current that wheat commercially com-mercially is now worth $1.80 a bushel bush-el and would be aelling trier if low-grade low-grade arrivals wer. not choking consumer channels. July wheat in Chicago reached a peak of 12 7-8, up 0 8-8 overnight At the close, Chicago wheat futures wer. 2V48V. cents advanced compared com-pared with Thursday's finish, July $1.27 7-891-28, September $1.2814 1.24 8-8; corn ?41V4 up, September $1.13 5-801.184, December 81 81 l-8c, and oats showing 8-897-8 gain. RANGE OP LEAD1NO PTTCBE4 Open. Low. close. Jury"?" '34 It 1.29'4 81-24 81.2J Srpt .1.29V4 1.294 1.2414? 1.28t DK . 1.27 1.31H 1-2414 1.297, Corn: New" 1.271f 1.2914' 1.2 1.3814 Old 1.2SH 1.28V, 1 23 1.23 (apt.. 1.1114 1.14S 1.114 1.1344 IMC . .891, .SIS -701, .SlVa Oatl! July . .4.314 .44S .421 .44 MP . .37S .38 V, .37 .37 74 Dec . 10', .40S .3874 .3914 Sop Beena: July 1.9i CVl 1 1314 OK . 1.1314 1 14 1.1314 1-14 Rya: July . .9314' .99 ,SH .9814 8pt . .8814 .POIf .8S .89. Dr . .891. .924. .4814 .92 Barl.p Nona. Lard: July .12 12 12 20 12 10 12 17 Sept .12 33 12 43 12 .10 12 37 Oct .12 30 12 33 12 43 12.43 Dac 12 27 12 33 12.27 12 32 BeUlaa: July ...... ..... 13 87 Sapt 10 WIN.NIFEO WINNIPIO, July 14 AP Wtwat Hljlh Low Cloa. July 81.03 74 81. 4774 $1 . 93 74 Oct! 1.465 1 39. 1.49l rc 1.I2H 1 34 1-41H Cash wheat No. 1 aortharn, SI. 94 14; No. 2 northern, 41.514.; rlo. 8 oonaarn, "oata-No. white. 914 r No. S whlla. 88 14; NO. 1 muted feed. e41t. I.IVERP007. LIVERPOOL. July 18 t API Spot whest No. 1 Manltoha. lis 3Sd: naw roaafa. 10a lSd; Australian, 10a 2d. Futures closed firm: July, 41.4714; October. Oc-tober. $1,427,; Iecembr, S1.4X Ex-chanfw, Ex-chanfw, 44.94.