The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1933-07-13
Wheat, Flax
Rye andOatS
At New Top
Heat and Drouth in Canada
React to Boom Mar
ket Here
RYE PASSES DOLLAR
July Wheat Reaches $1.07A
Top, and September Flax
Scores $2.07

Minneapolis, July 13-Wheat pric-
er scared up to new highs today in
what has become almost a daily
habit. But it was an erratic mar
ket that had traders guessing as
to what might happen.
Rye remained as a belstering
factor for all grain prices. There
is a short crop of rye, no process
sing tax levied against it and a
prospect that the grain will be
needed in quantities for whisky
making.
A report on the Canadian wheat
crop was a bullish factor. The do
minion has suffered big crop losses
by heat and drouth. The weather
yesterday was more moderate but
with little precipitation.
Many temperature readings in
the middle nineties were reported
for Minnesota yesterday. Worth
ington, Mimi, received almost two
inches of rain, Good showers were
received at Detroit Lakes and
Grand Meadow. South Dakota was
exc essively hot, with mercury read
ings near the 100 mark at Huron
and Pierre. The southern part of
the state got rain. In North Da-
kota the temperatures remained
in the eighties for the most part.
Montana was in the nineties and
neither states got rain.
July wheat in Minneapolis, which
had closed at sos Is yesterday,
opened at $105 r., resisting furth-
er declines. 1t then rose to a new
top of $1.0712. September wheat
opened higher and lower at SLOT to
$1.O5k, after closing at $1O6. It
then assembled to new high of
$1.07 5I8. December. wheat, which
had closed at $1.071a to $1.07A, OPP
ened at $1.08 5I8, slipped to $1.06 7I8
and then made a new high of
$1.O9R.
September rye gained a cent at
it's, opening of So cents, then
zoomed up to $1.O01a, after slip
ping back to 931a cents. Decem-
Der rye was down slightly at it's
opening of 96A to 95 cents, hav-
ing closed at 971c yesterday. AZ
ter declining to 95c it advanced to
a new top of $1.02. This marks the
first time that rye has been above
the dollar mark.
September barley, which had
closed at SO, opened at SO to Coo,
dropped to 58Hc and then rose to
a new high Of 601Ac December
barley opened at 62 cents, having
closed yesterday at 81 3-Sc, drop
ped to 60kc and then touched a
new high of 62 5-Sc.
September oats opened a quarter
cent lower at As 3-8c, touched 45
cents and then came back seven
Fights Of cent. December oats
opened an eighth higher at 471ac,
then dropped to 46 SAC.
Flax touched new highs, Septem-
Der going up to $2,07 and December
to 500.
The weather bureau at Washing
ton, according to Associated Press
dispatches, said that in the last
week corn and small grains most Of
the corn belt, but that the cotton
belt still needed moisture. It said
however, that in the spring wheat
region of South Dakota the rains
came too late to be of much bene-
fit. In North Dakota some sections
were aided by rain, although deter
ioration continued in other places.
In Montana the spring wheat area
was benefited little and wheat was
drying up without heading. Dam
age in the southwest has been in
tensified by additional heat, the
bureau stated. In the Ohio valley
showers have improved conditions.
In the Chicago market Deem
Der rye went to $1.07A and wheat
trailed close behind it. Corn also
showed gains. July corn which had
closed in Chicago at 81 3-4c to
81 5-8 yesterday, opened at "a Sac.
September corn opened slightly low
er but advanced to Soc, having clos
ed yesterday at 68 1-3 to 5-8 cents.
December corn moved up to 73c
and May to TIC, both gaining about
a cent over yesterday.