Salt Lake Telegram | 1913-04-18 | Page 13 | Argentine Shortage Boosts Wheat Price

ARGENTINE SHORTAGE BOOSTS WHEAT PRICE CHICAOO, April 16. Strength was Imparted Im-parted to wheat here today by the foreign for-eign situation. Cables wsrs strong, a decrease of nearly 1,640,000 bushele In the Argentine visible supply being reported re-ported and the Argentine shipments showing a decreese of 232.000 bushels for the week. Coveting by shorts was early In evidence. At the opening the market mar-ket was c to 101c higher. May showed that advance, first prices being lite to 8110lc An upturn to 31c followed. May com opened at an uplift of 1c to 101c at 65c to Mc and wsnt up to 64c. May oats began 10 lc higher at 84c and touched 3603Sic Active general commission demand and lightness of offerings gave strength te provisions. A net advance of lc to 15s was noted st ths start. May quotatxoaa were: Pork. 118.71; lard. 111.471 to 111.14; ribs, 111.171. Influential wheat buying caused a spurt to 31lc, but It was only momentary. The close waa strong, with May at 311c. a nat gsln of I' Offerings of corn became light and there was further smsll sdvsnce. Ths close waa strong with May st 66itj66c a nst gain of 10 lc Futures Close Wheat May. Site; July, c; September. Septem-ber. 8c. Corn May. 651064c; July. M0Mc; September. 641067c. 6ats May. tc; July. 34t0t4$c; September, Sep-tember, 84tc. Mess pork (per barrel) May, 11 86; July. 130 00. Septsmber, $19 80. Lard (per loo pounds) May, 11.171; July, 81.121: Beptemher. 111.121. Short rlbe (per 100 pounds) May, 111.46; futv S11 SB: fl.otember 811 00. Cash Close Cash No. 3 wheat, tl.4t4tl.M; No I red. I34t0ac; No. 2 hard. 8114Mac: No. 3 hard. 048c; No. I northern. 324(6tle; No. 3 northern, 81 48831c: No. 8 northern. Miotic: No. 8 spring. 0lc: No. t spring. 18000: No. 4 spring, 83t87c. velvet chaff, 8t72j", durum. tOta. Com No. 2. t4t7o: No. I white, 171 lie; No. 3 yellow. 67467c: No. I. 6641 Ale; No. 3 white. I74N7c: No. I yellow, 6ffM6c: No. 4. M4J66lc; No. 4 whit. 44 f 14c; No. 4 yellow. 6414l66c Oele No. 2. 311c. No. i white, !l4 371c; No. 3, 38c; No. 3 white, 3164) 38c; No. 4 white. 339I4K. standard. libuc By No. 2. le. Barlev 464170c. Timothy 13.7641.14. Clover 116 40O1L4SX Pork -813.81. tar Him Ribs 111 114)11.7. LONDON QUOTATION8 LONDON. April It Closing Consols for money, 74 11-16; do account. 711; Amalgamated Copper. "61: Atchison. Atchi-son. 1061; Baltimore A Ohio, 1021; Canadian Cana-dian Pacific, Ml: Chesapeake A Ohio, 431: Chicago Great Western, ill; St Paul, 1131: Denver at Rio Orande, 311: Erie. 81: do Bret preferred, 471; Orand Trunk. 181. Illinois Central, 184; Loule-ville. Loule-ville. 1371; M. K. AT.. 17: New York Central, 10: N. A W . !44: O. A W.. Ill; Pennsylvania. 661; Reading. 141: Southern Railway. 17; Southern Pacific, 1481: Union Pacific. 1671; United State Steel. 3. Wabash. Si. Da Beer. 11); Rand Mines, 7. Bar silver, firm. 17 3-18d per ounce Money. 3141$ per cent : discount re tee. short bills, 348 per cent Three months' Mil. MOM per cent NEW YORK PRODUCE NBJW YTjeUC, April 16. Butter firmer: receipts. 6748 tabs; Lrssmsry extraa. 8sc; firsts, I61ttc: proeeee extree. 111) 37c: firsts. 80031c; Imitation creamery firsts, 844Slc; factory eurraot make firsts. Ml Mc Cheese steady; receipts. 1M1 boxes: State wtsst mtlk held colored special. 14141171c weaP" taerad: xrhfteT: Me. """'' rweeepoaltry Jul5;fVx)ll killed sreetem fowls. ll)lc, froeen turkeys. isetic Recietv night Saltair tonight; sue rial program; two trains: fare IV.