Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-10-19
CHICAGO WHEAT MARKET.
Wild Excitement q Characteristic OIL
Today's Trading.


CHICAGO. Oct. 10 Wheat made q
fcoofd.bfssking jump today. Deem.
Dor n,.on which closed on Saturday
at q opened this morning at 1884 lois!
iteaoyinr n tho latter figure, an nd.
vance o. Tho vilges. sxcit,m snt
characterized tue trading. There sas
talk Of y s,iolo iaiiutcs. After me-
meuiary reaction a. 10 December
wheat soon went btyjnd tho Top ~.
ufes, iouehing 59I several tiuus with.
IN tue nfst htgun minutes u business.
just before 10 %. M. the nafkct took a
sudden plunge dow nwafd ~ 7s!,
reaching tho latter at III.
shortly alter 10 tho pace rucsdtd 10
Ul. Then withtn low minutes u
advanced n full cent. during the
ifcf ~ NJ toe oroniuF few traces
were made a. high ~ 5pi, vhilo taits
at the zane m0msnt Ia othef parts OF
tho pit we're at different ngufs', rang
tug aiiuno way 10 49,. 4
About 1888 tbs pTioe was 7sl for
DscemDcf. AlG1ai ne'ofo the ueSers
could place the figures on the taps n
the btoEsfs' ofiicse, the quotation had
leaped 10 su. 0uiy une.eigath OF osut
snort OF iOut cents advance within n
single hour.
Before n o'clock the pit witnessed
nu'nblo example, OF whipsaw. From
10 lne mnfkvt Tell as rapidly NJ ~ had
then, 10 ~. Scattering sales were
.asds nj 7tG Then once more the
r'Hfkrt ruusandtd, the ruiing prico al
n am. beiug 10 cents ior Decent o..
inc advance to-day was due 20 Liver
pool cables, which reported tuc mar.
ktt exciisu aud from ., 10 81.
highei, an equivalent 10 an advance Of
iram T. q cent?. No such jump has
bttn experienced ~ that market iuf
yuhre. Ia the firtt nail houi's orasid
fush 20 covot hrte, most trading was
goue around 20 cents. Tremendous
line. were uuinpod on the market
aoout that figure. lhu news was not
Ill buliish by any means. North west
receipts we're heavy and unt iilciaI
worlds shi pnrnts liberal. Toe cAulfs,
however, were this pfe-emlnsut infiu.
eues anu tho rauibg was enormous
with fluctuations violent anu IT, quvnt.
Tho excitement In toe pit VAS too
great ana trade too active 10 permit an
inlrlligible understanding OF the trade,
but IN n general way Il lOf uadora feal.
isid. John q. Cudany sold y zig line
NJ through trades. Logan ami X. ID
Dupoe sold 10 such an extent M u
cEubu the frsqueDt and violent bfsahi
/ which chstac,sfifed tho trading. Ga
the other hand Armour was a buJ vT
Miilmino BoGtmau * 20. aud
SehwaTlE, Dlpee a 90. took In large
I tines. Nicol Bought about 26O,O
bushels ~ zoe. A big surprise va,
oora,iontd ny Indian shipments Of
/ Y, zoo bushels. This seemed 10 iadi.
cato that the seflousrr,s Of the Indian
situation han norn exaggerated. There
was lot Of selling done on II, aud tht
price Of December sagged to ~. ,. dur.
lag luo last nout'. buHness. L,yerpoO
was no. the only foreign market 10 adj
vanos. Psrls jumped . cuols hushrl,
The Berlin ADVANCE ,qusllod . q
cents.
KNcIgnlEST ~ SEw YomS.
NEW YoHiS, Oct TO- Wheat made
a pufpendiuuiaf advances OF ~ oeAts q
buuhui following y stupsnuuus lumI
DISK cents at Liverpool and general
Hpeeulhtiye excitement thI0u ghont IN,
| whole Of Europe. rnu bull IA lvemsnt
was accompanied by int sse local ex
element aud heavy trading thu fr,l
TOW minutes. Buying orders, o.
course, pfrdominnteI. Even tho bulli
were amazed ut the enormous advance
not equAlird In years. DscemDef
option, which oioesl Saturday At 81 .
opened to-day VI sbI anu before the De
mand was uppeasvu had Jumped 10 81!
cunlS. Following this came n cen
reaction with n ist.up VA trading. Corr
anu oats huth te0fah sharp rites.
A. noon the tTcmenuuus strain G
excitement IA wheat exhausted ltsbi
ana tho prics fol eli cent n buahe
through the cessation Of tho strong de
maud which had been tho feature o
the morning. Tho fact that iAl,
cAblsB wure shaue easier o1nlTlbutsC
not ntlls 70 tho reaoIion. IL was esli
mated that up 10 O'clock over twsivl
million Ia h6ls nad been traded la
There have bren many entire days In'
pfsl munth when thr sales aid 90
average over two " three millions.
Delayed By ~ namite nonib.
MADRID, Oct. lg.-rhe newspaper
ropOfl that inc departure from pog
San rebAatlau. whufo tue Ring au'
queen regent spent the summer. wa'
delayed by tho discovery OF dyna'