Evening star., 1941-07-27
Grain Prices Stage
General Advance
AT Week 'sCIose
Rye Jumps More Than
Four Cents; Wheat Up
More Than O Cent
BY FRANKLIN MULLIN.
{ Associated Press Market Writer, J

/ NhSSotAAtNu tNoS Aldl hNt
CHICAGO, July 26. All grain
prices shares in general advance
today that carried quotations in
some cases to the highest levels in
more than year. Rye scared more
than cents, wheat more than a
cent.
Wheat was the highest in more
than two weeks. and May, 1912. de-
liveries, selling above Sill, were the
best for any delivery here since May,
1910, and within cents of the top
quotation posted here the last four
years. May. 1912, corn futures. near
81 cents at one time, were the high
est for any contract since 1887.
Tension Is Factor.
Buying was attributed to CONNER
cial interests, including mills, and
professionals. the latter acting part
ly on hot weather and on strained
relations between this country and
Japan.
Stregth of rye. attributed partly to
buying of distillers and interests who
regarded rye too cheap compared
with wheat, caused short covering
in that pit and elsewhere on the
floor. Reports that congressional
wishes regarding farm parity prices
would be considered in new control
legislation also attracted attention.
Wheat closed 1-112 cents higher
than yesterday, September Sl.O7I,-
1.07as, December s1O9la-1O914; corn
as-Ss up, September 76-761s, Decem-
Der 1872 -765s; oats 34-l1s higher:
rye 3!s-4ls up: soybeans 134-23s
higher, and lard 1913 higher.
Decline Wiped Out.
The advance in wheat, which
wiped out all of last weeks decline
extended this weeks net advance to
more than cents. Although sus-
tanned demand for flour was report
ed, with some eastern interests esti-
mating sales more than 100000 bar
relS for the week, buying was chiefly
in small lots. While some damage is
believed to have been inflicted on
spring wheat due to hot weather.
the crop has largely matured in
South Dakota and no serious losses
are expected. Continued warm
weather with scattered showers. was
promised for most of the belt.
Grain range at principal markets
today:
-, Hish. Low. Close. elose: aGse:
SEPT. WHEAT
ch,eago Gna!no,ts 1q:ls pa{ 100 1.o5's 1Osfs-H
kane Re eSs etz S9. S9. lss Sss: iSdi: S53: 49, 80
wiBHlpes bRG wHr;3;$. ;;4.. .7o'. .7s'. .7es.
Chicago I0a's .07ss .o9h .o7s.-1 .os
Minn Minn'Polis polls 1o4la l.03ss .o4 1.o3sst
wiNniPeE mAP EwHEA.TTE. .TE. rs. .77's rs
CHICAGO I.iiis .oas. Ills 1.osa.
kana k1nRPHlly eits l.O7l. l.O7 49,. 1885,. .1os,.
kaRs ~ City syoam 'o,. ,'oz' ..dasss:: ..5ssss..
ch5sss2 Sss2 Is2 osTs II" 1885 .7s'.-.7s
ShHse alnnse pois osv 8s3. 8s7: & $s: ss: s33. 35
B. Chicago Cash Market. M.nka '''''
,.es Cash " wheat No; No. : req lo5 No 2
yellow, 7sa.-74Ps; No. l'G :, '4ss.: 0f9 No. No T.
721a; sample, $3.50; No. . white S.
Oats, No. 4 mixed. 32I2; No. white "a a;
No. >. 3424-3514;: No. g. 34-343A: No
4. 32l2: sample, 81; No. / special red
35l4. Barley mailing, $3.50 nom; feed
and screenings, 43-49 nom Soybea ns
No. . yellow. 1.4Sla, Field seed per hun
dredweight, nominal Timothy, 4.00-25.
Alsike 10.00-12.00.
Winnipeg Cash Market.
WINNIPEG, July 26 tPl.-Cash wheat,
No. l Northern, 74L4; No. ,. 71's No. 3,
69ss. Oats, No. white, 401s; No. g. 3S1s