Salt Lake Telegram | 1921-05-29 | Page 24 | Trading in Grains Dull during Week

TRADING IN GRAINS DULL DURING WEEK Only Professional Men Seem to Be in Market CHICAGO May 28 TradIng Trading in wheat corn com and oats was dull and featureless on tho Chicago board of trade today Only I professional traders traders' seemed to be in the market and their trades were mostly of or the evening up variety Closing prices I were generally g a fraction higher except for May wheat which was bid up in the final hour for a a. net gain aln of 2 to 2 I cents July wheat finished 14 to f. f cents hl higher her corn options were higher and ond oats varied from If lower for May to l to I 1 higher for the other months Business in July wheat was done with an eye to the action of May There w was 1 some support pt of deferred r deliveries ts on I the breaks but about equal selling orders I came out on bulges Crop reports were somewhat h more o f favorable v but t the ab- ab I of export rt and r- r rel foreign el e exchange a i developments fg n made the situation I too un uncertain uncertain un- un certain t to admit m of extensive e trading 1 Corn Com showed moderate firmness early but weakened whenever selling started Cash houses were on both sides of the market A difference of 1 H between en July and September caused some buying of or the former and selling of ot the latter Oats followed corn I Provisions averaged a bit higher but trade was unusually light despite the Increase in increase increase In- In crease in hog prices National I Lead ad company declared regular I quarterly dividend of 1 m Iser er cent on common corn com mon payable June 30 10 to stock of ot record I June io 30 O. O