Show I GRAIN Ni I CHICAGO June 16 It Dearth Dearth of speculative buying brought about a decline In wheat prices today after atter some show of ot strength in the tho early carly dealings The Th close was heavy Ito i ito to 1 lc c net lower with July to 1104 0 and September to 1098 H Subsequently there ther was consid- consid considerable erable selling ot of o July spreads with September but gen gen- general general cral cen-cral eral demand was small and antS the market went down grade crade Although wheat underwent a mOderate downturn In price today I at tue tl outset a rally soon tool e plate paLe The initial weakness Wit ascribed largely to selling on ac- ac account Account ac account count of views s expressed by Secre Secre- Secretary Secretary Secretary tary Wallace Wallac that low prices were vere I duo due to production over However crop damage reports from and other places that have hav here here- heretofore I been sending good reports led quickly to an upturn in values The opening which varied from unchanged figures to c lower loer with July to mid aed a d Sep Sep- September September Sep September 10 to was tu- tu tuI lowed tu-lowed I lowed by further declines and then by an advance to above yesterdays yesterday's finish Active bu Ing on the part ot of commission houses gave cave strength to corn After opening at d dc- dc dc clint dc-clint cline to advance July 82 2 to 82 the th corn com market scored a 0 sub substantial general advance Oats were firmer with corn at nt about gain cain July 41 The market underwent a slight sag but then all deliveries sho showed ed gains BuyinG ceased when when wheat turned weak Corn Com prices and the tho close was wa weak eak ak at ata ata ata a shad shade to 7 61 Sc c net decline July 81 14 to tlc Higher quotations on hogs ste d ted led tn tas pro provision 1100 market market- |