Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1896-10-22
FURRY IN WHEAT.
An Advance of Twenty-Five Cents a
Bushel In Frisco Since October L.

An Advance of Twenty Five Cents q
Bushel In Frisco Since October L.
San Francisco, Oct. II. Friday was
the banner day Of the present wheat
boom. On the regular morning call De
icember was forced to $1.4l1s, an adj
vance of over seven cents on the best
price obtained Thursday for the same
option, and an advance OF II cents
since October l, when the best figure
obtainable for December was $1.24N.
The advance in May was even greater
than December, the regular session Fri
day morning bringing it up to $l.44A,
against $780, as the best price obtain
able Thursday. At the afternoon ses-
sion December again gained three-quar-
tiers over the best morning prices, hut
subsequently dropped to $1.4O May
gained three-eighths also over morning
prices, but closed ut $l.42N.
Chicago, Oct. 17.-Wheat made de-
cided gain Friday and closed at an ad-
vance of ~ over the close the day be-
fore. 1t was broader market than
usual, and, while there were frequent
reactions, the trend was upward. It
got its inspiration largely from the for
eign situation; cables came higher. the
English markets especially showing
increasing strength and excitement.
The Indian situation, so far as the
wheat crop is concerned, seems to be
growing in seriousness, and shipments
from Liverpool to India are talked of,
while more purchases for that destina-
ton are reported at San Francisco. The
market Friday reached the highest
point yet touched this year. December
wheat opened excited and unsettled at
71A cents to Tx cents, or l cent to "
cents above the close the day before.
fell to 71N cents, up to e cents, off To
Il II cents. then to 72H cents. closing a t
72h cents. May sold at 1874 cents to
7G% cents.
San Francisco, Oct. 10. Saturday
was another exciting day on the floor OF
the produce exchange. wheat taking a
further upward jump of eight points.
The market was very excited and bid
ding brisk. The first session of the call
board closed steady. December wheat.
which closed Friday at 81. 40 per central.
opened Saturday morning at $l.47H,
reached $l.4s and closed at S1.4Ga4.
May wheat. which closed Friday at
$1.42%, opened Saturday morning at
$3.50 and closed at $1.49X. at the end of
the first session.
Chicago, Oct. 19.-Such wild open
ing Of the wheat market as took place
Saturday morning has not been wit
messed in many months trade in the
active speculative OBSERVATION-DISCLOSURES
being over half cent range and at ali
advance of from IA to IA of cent
over Fridays close. 1t was quite evil
dent that the market was self-asser-
tive one, depending on no individual
or clique for help, and going bevond
the control of manipulation, il any
there has been. Foreign Influences
and crop deficiencies rule the situa.
ton. During the last half hour the
market became runaway affair.
everybody buying. and bidding for
wheat, and rushing prices up from 74A
to 76A for December. The frenzy last.
ed until the close, which was at re-
cession from the outside. but with a
net gain for the day of sac. The total
advance in wheat since the present
boom was ipaugurated early in Septelr
Ter has been upwards of 20 cents per
bushel.