New-York tribune., 1896-11-26
England said that the traffic this year at Thanks
giving time had exceeded any year In their memory.
WHEAT HAS ANOTHER RISE.

THE LARGEST ADVANCE THIS TINE IS IN
LIVERPOOL
Chicago. Nov % CspeciaD.-To-days market made
the best prices at the opening. starting IL cents 10
cents over Tuesday. In spite of such exciting
start there almost a dead level from that until
the close, .he range during the session not being
over Il. cents and last prices only fraction away
from the first. May opened from s3i2 cents TO 81
cents sold between 81 cents and SO. cents, and
closed at S3I cents December closed at 3fs cents
discount. Liverpool furnished the first surprise,
opening 3Ad higher, which equivalent to an
advance over night OF almost cents bushel.
Liverpcol's conduct was very much like Chicago 8,
the last prices being just about the same as the
opening ones
There was an additional bull inspiration in the
cash business. Today's wheat charters were 10000
bushels. making almost 10000 bushels chartered In
two days. one 5000 bushel cargo was for Mil
waukec. which is ike sending Goals TO Newcastle
Northwestern receipts were small-ii0 cars against
75i cars last year. There We're liberal seaboard
cearances-637Gp bushels. TO-days cash sales
were at a premium better than commanded so far.
II cent to - cent better even than yesterdays. No
one expects much wheat to be delivered next Tues
day as November tonight closes y cent over De
cembar To-day's market opened over "call' figure
and closed about at calls good share of the
trade was selling OF December and buying of May
hv professional bulls. The trade was not large. al
though the feeling exceedingly nervous
In spite of cearances oil 100000 bushels. and
Notwithstanding the unusual advance in wheat.
corn gained only i cent. Nav sold between ~.
cents and PA cents. and closed at 27as cents. There
was hardly any speculation whatever Receipts
were small-I57 cars with only 40 estimated for to
morrow. Samples /. cent higher. The Argon-
tine crop was reported 20 per smaller than the
last one The weather West wet and warm.
Shippers said there was slightly better demand for
cargoes. but il was merely a demand Tor corn 10
tie up in boats for the winter. Charters were only
Oats were as dull as they we're on Tu,sday. the
range being within &s cents May sold between - Z
cents and 92i. cents and closed at 22s. cents The
speculation could not have been any narrower. The
h 2F H hSEe w The @ ON
was 142 cars the estimate for Thursday. 40 cars
Provisions We're lower early on selling by packers
Prices We're weak at the ya,dy; va. mnerc were M & 5V"
67 600 in the West. against $3.50 last year At
bv commission houses for Eastern account. Car
rington- Hannah taking 800 barrels At the close
pork and lard were 2i2 cents under Tuesday; ribs
on the curb "puis' on Nay wheat closed at slli
on May corn at 27is cents calls at 81. cents and
27ss cents.
There was another advance in wheat yesterday.
December wheat (whclt deliverable in December)
got up TO 90 and closed at S4 cents, or n of
cent a bushel above the closing price on Tuesday.
The gain for the day in May wheat. which closed
AZ sS5s cents. was Us cents hushel Cash wheat.
No red sold at q cents a husheL John Dupec. Of
Schwartz DIpee & Co. said:
THE public does Tot seem 10 realize that oar win
ter wheat crop is usually ,wo-thirds of our total
crop With winter wheat reserves Of available and
milling quality almost unohiainahlc. except at pro-
hibitive prem ms the draft spring wheat viii
necessarily be unusually large before anothcr win
ter wheat crop Is assured
IF the best reports that come 10 us from tho
Northwest correct tho reserves %. spring whca.
in sight and in farmers hand very small and Y
Il SSH |, ls. as Oi
July next winter wh'asis now
The position Of wheat Ia America grows stronger
daily. We fast breaking away from foreign m
fluences. If the cash demand for wheat and -four
at home continues urgent II Is at present
will he hulling American wheat on American supply
and demand basis inside Of sixty DAYS. Irespectv,
of increased speculation or foreign demand.
Il would not be bulling wheat at pr,ss prices II
were confident Of the home position. There is
not "A market in this country In which cash wheat IL
not selling AT a premium. Chicago Is selling wheat
and -four to interior points that cannot secure either
except by going TO the Northwest direct for sup