Ogden Standard-Examiner | 1924-07-27 | Page 17 | Wheat and Corn at Wartime Prices

WHEAT AND CORN CORNAT CORNAT CORNAT AT WARTIME PRICES CHICAGO July 26 WEEK WEEKLY WEEK WEEKLY LY GRAIN AND PROVISIONS PROVISIONS- PROVISIONS War time conditions In the wheat market have been rivaled this week bv by the tho effects effect ot of Can black rust and drought On a day prices jumped 05 ns much muchas muchas ns as eight cents a II bushel and more than bushels changed bands Compared a week ago wheat whet this morning showed 4 0 c to 6 C gain rain with corn vary vary- varying vary varying ing tram from rom Ic lc decline to toc c Vc c ad- ad advance ad advance vance ORt oats unchanged to 10 c ic claw low low- lower low lower er and anil provisions pro to 1 up Excitement In the tho wheat whet mar mar mar- market market ket kot reached It its 13 maximum after atter telegrams were ere received ed cd tram from known crop experts saying that drought damage In had be boon been n under-estimated under and that black rut rust Infection had hd et- et ex extensively developed In III Manitoba the drought draught had least been beon felt elt From Irom the tho nd ad advices Ice at nt hand leading traders trader In Chicago ex ex- ex expressed ex pressed an opinion that the re-I re re- re In tho the Canadian crop thIs oa Os compared with last It year was already equal to tho the entire of at Argentina and Australia combined or to the total crop rap of at Kansas and Texas together immense taking taking profit sales Bales here brought about sharp setbacks setback In wheat values but nevertheless da day after day tho the market contin continued to surpass all pro previous high price records cords for or the season leason The 1 hi upturns In the Chicago mar mar- market mar market ket wore largely due duo to ing lug strength tren of quotations at Liv Liv- Liv Liverpool Liverpool nil end Winnipeg and to In- In In Indications that ports experts were bu buy Ing United Ing-United Satoe whet t as well weil 11 as a purchasing In Canada Favorable weather for tho the new crop Inthe tend tended d to counter In the tho corn market the o of the tho heat wheat bulge Meanwhile oats were largely governed b by corn Demand torn orD revisions u as keen with hogs at the topmost prIces price yet this year