The times. [volume] (Richmond, Va.) 1890-1903, 1895-05-19

CHICAGO ILL. May ls.-Ihis was The
widest day in the grain markets Uluc,
fhe present wheat advance OF -lc. was
iraugurated. IL was expected when me
market for wheat opened that holders
would feel inclined TO sell out niue,
aud $50 some were, but me ahsoipll oi'
power was too much for thc offerings.
some enormous long lines were dlsposrd
OF. but their selling hardly maze 40
impression. Prices yielded uut IIaciou-
ally from the opening quotations, Milch
wore somewhat lower than the closing
ones last night. AT the start 81 appeared
ass though prices would respond TO ll'
ordinary routine news. and. ln iact. inc
case an which first trading took 4ia
ascrlhol f0 the rains iu the West. small
exports for the week. 3lifNN Dusncls"
and to tae failure of English cables 10
kef yesterday. The ilmncss came uVv"
the announcement 81 irOats ln inc winter
wheat and corn belts, but no. nnnsual
excitement accompanied The change nl
front until within fOrty-fVe minutes oi
The close. when the market broke away
from Ifs moOriugs and prices ran WIG.
So violent and rapid were the uuciuh-
t0ns that quotations could not boz Ic-
Iol upon Trades were made iuii
cent apart in different portions OF tnc
rif. ONE incident. where "a scalper aoiD
July ~ 12ilc. on one side az him ann
same instant. being cited in evidence OF
fhc irreeularity Of the transactions. Ioi
July. 12isc. was the hign point rms
was 1o higher than the lowest price ni
tNc day. 2t.c. higher than last nlshl
close. and about 20. above the loves.
price quoted ou the option. July wheat
opened from rrsr. 10 GNlc. sold between
Gusc. and l2I4c. closing az lt4c, Il4H
Corn h is said of corn. that So SIS The
most trcachorous and wicked OF 1ll gram
markets To deal with spceulauvcly When
f breaks away from the control OF llt
ordinary operations 10 was certainly
20 most uncomfortable one TO touch to-
day. I'm the early trading there was
lo prom0nltOn of the contoruOns OFT li'
last half hour. There were large &C.
rriuTs this moruiur goo cars which
tempted shore sellers to put out little
corn. Then tho carly tone oi Whtdl
was not particularly buoyanf, tending in
impnrf like feeling 90 corn prices.
About a 800. however nothing was offer
ol Some buying appearing at the same
stronger n grew only increasing tho Nitni
of the demand and rendering sellers ihr
moro aNcrso TO trading Within iAD
period of ten minutes july munnlrl
4.4c higher than ne lowest prices 9
the session. II fen away about hai
that much with equal rapialty when
offerings became greater. July com
opened at 'l'4c, sold between 'l, .n
rrrttc.. closing az s3i-c.. li.ul"-c. higher
than yesterday. Cash corn was steady
carly hut closed Doe. higher
oats gained ODD the general "nihl.iasIh.
but NOT until the last moment. There
was stcallness early with no INCIDENT
worthy of note t0 the trade. When
every cling started ON rho upgrade There
was temporary hcsitancy on the part of
oats. hut they finally took up the al-
vanciue fad. too. July closed '-n1c.
higher than Yesterday Cash oats were
steady early. but closed nominally nrm
Provisions The sales Of product hy
packers kept prices i'm that market down
during the first hour knowing au al-
vance in hNe hoas me ram !iaiEel.