The times. [volume] (Richmond, Va.) 1890-1903, 1891-08-16
In WHEAT And RYE.
II Is Cheaper to Eat Neat NON Than
Bread.
THE TREMENDOUS ADVANCE LAST WEEK.
Market Quotations Generally From All Lead
ing Centres Stocks and Bonds
Tobacco and Cotton.

CHICAGO. August I5.-,Special. l-One week
ago the bears were estimating the wheat cror
grown this year at COG. 900. 900 bushels. If they
were correct the American farmers are worth
go. $4,000 more than they were last Sstur.
day by the rise ia wheat alone. to say nothing
about the advance rye and corn.
Il Is unite currently reported that there Is
a deal in december wheat belng run by New
lorA parties This is discrediteI, however
by such men rs Iamson Brothers * Co.. bul
there has certainly been a tremendous ad
nee IN wheat and rye throughout the word
and attribute the principal cause tney Say
70 the short crops abroad, the prom bition u
the expectation OF rye from Russia ana TIE
talk Of the removal of the duty on the import
Of wheat into Germany.
The market to day acted like manipulated
market controlled by some strong party OF
parties. but it is very easy to cry manipula-
ton when the market advances ike III mas
to-day, ard IL seems quite improbable tna'
any party or parties can be manipulating the
markets Of the world quite SO successfully as
the advance in prices would indicate.
During the past week there seemed TO be
some selling by holders at the advance
Ii is also reported that exporters are resell
ing some of their early purchases, rather CIV
ing the market the appearance OF lowering
around the top prices IL has had this ap pear
snce. however, several times during the past
few days, which gives one very little conn.,
dence in lis own opinion.
Trading in corn during the past week has
been very light. To-day the markei was very
active, partially due, it is thought, to the
strained condition Of wheat. II closed how
ever, nearly five cents higher than week
ago
Oats have been entirely neglected in a specu-
lative way. the market closing only little
higher to-day, owing to the advance IN wheat
and corn
There has been some heavy selling of Sep
TENDER pork during the week by holders and
at one time the market was nearly dollar
per barrel lower than the close last week.
September RIBS have held their own, clos
ing at the same prices as week ago.
II there IS going 10 be natural demand tor
wheat and rye at present prices for food. 1t
will be very strange if foreigners and others
DO not buy all our hog product at higher
range of prices than at present prevail.
The following IL the United Press report of
the Chicago market:
Wheat-,The excitement in the wheat pit
was at fever heat during the entire session.
December at one time showed an advance Of
eight cents over last nights closing price. and
closed with net gain of G3lc. All the for
eign markets were excited and higher. Per-
haps the most influential factor in creating
the bulge was a story which gained circula-
ton that jim Keene. of New y ork. was at
the head of the bull clique. backed by a syn
dictate of New ork capitalists. Hutchinson,
it was claimed. was in the deal. Receipts,
al cars.
Corn-Corn was wild and governed by
wheat. with rumor that the same parties
were IN the deal. The market advanced &c..
but tie net gain at the close was only 24@
&c Receipts, 487 cars.
Oats-Oats sympathzed 10 a moderate ex-
tent with wheat and corn and closed 34@Ic.
higher. Receipts. BIS cars
Provisions Provisions were firm in sympa-
thy with the tremendous advance in wheat
and corn Pork gained, l50 The. lard gained
7lE@l2J5c.; and ribs gained, 5g71c.