The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-10-21
Full Commission on Stocks ard GfaiT
0ne-eigh
On Provisions 24c. Cotton Sc per bale
Trades Accepted on Margin of one pc
cent. on Large or Small Lots.

So 5S for December Then came period
of dizziness, followed III the afternoon by
n general stampede of shorts and II wildly
fuctuating market ended II whrlHHat 1-2-
III Is cents net advance over last night
AT the highest point December was just
! cent under Yesterdays top notch ut
Sd 5-S cents. The close was at 50 3S
cents, although on the curb prices were
lacked up to SO cents for December TO
tai sales for the day were 14,0S0, 900,
against %, 105, 900 bushels yesterday
After exchange hours the feeling was en-
tremely nervous among the bears, who
feared that foreign markets would re-
spond to our late jump and cause Il cor
responding bull furry here tomorrow.
LIVERPOOL.
Liverpool, Oct 20.-The wheat market
here today was less feverish than yester-
and enormous buying. The option mar
ket opened with decline of 3 d from yes,
tcrday's top price and recovered l-2 in
good buying. The market Remained stiff
for the rest of the day. Spot wheat was
firm at pence advance. compared with
Friday, until the fall in American prices
sent prices down l2 pence. To-day's
business has not been phenomenal and
was chiefly for solid trade purposes. 1t
is thought that prices will keep high
while Russia withholds supplies, and
that when the latter country relaxcs
America must follow suit, and the mar.
ket.will topplc down. No leading firm,
however, would forecast when that will
occur.
CHICAGO.
Chicago, Oct 20.-After ruling easy
and lower nearly all day, wheat suddenly
developed strength and advanced 3 is
cents from the low point, closing II cent
higher than yesterdays close. All the
other markets were dull and inclined to
weakness corn closing ii cent lower,
oats unchanged, and provisions 1-2 to
10 cents lower. The wheat market look
ed during the forenoon rs if headed for IL
long bear turn. How deceptive are the
appearances put on by theaction of the pit
trading was eXemplified during the lat
ter half of the session. when, from being
very weak, the market turned round and
became exceedingly Strong During the
forenoon it worked gradually down until
after numerous vicissitudcs and quick
reactions it struck - IS cents for an in
slant. That was the turning point and
after it had gradually worked it's WAY M
again to Il round - l-2 cents, it perform
ed one of those bullish fcnts of leger-
dcmain which it has been practicing for
the last two months. New York reported
the sale of 800, 600 bushels of wheat to
Spain. This appeared to open up new
field for the disposal of American wheat,
and naturally had strong effect. In an
hours time an..advance of 3 s cents took
place, the price of December shooting up
TO IS 81 cents. Scalpers were slow to
realize what n good scalping risk such
quick advance was, but when they did
they let wheat 90 in chunks for about five
minutes, and in that time it dropped one
cent to l3.-i cents. That proved to be only
the middle of it's little closing turn, how
ever, for in five minutes it was up again
to IS l-2, and IS 3-S cents was the clos
ing price.
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