Salt Lake Telegram | 1940-01-16 | Page 19 | Wheat Slumps with Pressure

WHEAT SLOS WITH PRESSURE CHICAGO, Jan. It (AV-Pressure developed In the wheat market Tuesday after an Irregular start and quotations surrendered most of Monday's advance, tumbling 14 cents bushel at times. Lea apprehension regarding possibility pos-sibility of Invasion by Germany ef Europe's lowland countries, mere optimistic news tor the domestic winter wheat belt and weakness at Buwnos Aires eneouraged selling. May contracts fell to HH cents, oft 1, and July to Mtt cents, off 1. The drop In wheat carried ether grains down and soybean gave up more thaa 4 cents at times. Wheat closed c to le lower. May 99Ve)Me, July Mt7c, corn, He to He down. May 58c, July SSttc; oats. He to t lower, AKoa or cmicaoo tTTvaas; caicAoo. m. is iiri-WMi ajeta ie .ee' :se ey. .Slea ,8U' .ST.. SS "t,,." .mw S: :R5 :S - .- :! :tln m s il wwnipbo, J?r??Ar--wi"rt Mijrh Low Cioee M :a ;,?;:? Ociobar.. ... sett , sseX Qata w. i nmue. eiem we. s. tt