The age-herald., 1897-08-21
EXCITEMENT ON 'CHANGE
As the Price Climbed Toward the Gen.
 tury Mark
THOUSANDS WERE MADE AND LOST
By Spectators in the Minneapolis Ex. periences Excitement and PiIlsbury Is the Lion of the Hour-For-
 eign Markets Up.

Chicago, Aug. 2O.-wheat scored a ssn- sational advance today at every market in the world, with the exception of Paris Dufing the regular ssion of the Chicago Board of Trade Sept5mber wheat gained 5Bc. and December 5ssc. On the curb after the regular hours another advance of cents was made, September selling freely at 96 cents. The wheat pit on change today presented a scene of ac- messed since the palmy days of Hutch ison, familiarity known as "Old Hutch" The exact opposite of Ed Part,idge's fam ous raid in 1891 was in progress. That plnger began his opera ions on the short side of the market during the spring of 1891, and forced the price from In the sos to 52c Todays price placed wheat on the ground occupied before that raid.
 Today was by no means merely Chi cago bulge. Liverpool started 1t, the English markets showing gain equal to 3%941kc. per ,bushel. Every market fol- lowed the example, New York gaining 5Mc., St. Louis 41kc. and ihe northwest ern markets 4c. The streng h of the Eng fish markets was attributed to the un- settled weather and covering by shorts. The official report of the Hungarian crop showing 1t the sm all s in tsn years misht have had some influence.
 Beerbohm, the noted English statisd- elan, estimated European needs at SS6,- GOO 900. with 15O, ,0OO of that amount required from America. Cash wheat at most of the American markets passed the dollar mark. At Minneapolis, Du- luth. Buffalo, Baltimore and even here the cash dealings exceeded September by 8 cents. The Liverpool advance being made ahead of the American the English traders were quick to accept a sure thing and quietly absorbed all cable offerings at last nights figures. New York put the export engagements there at 100 boat loads, but this figure was regarded most too low. Lack of available wheat here made it impossible to do much business.
 The extremely large total for the week of 520O,OOO bushels reported just after the close caused a further advance of 8 cents. A few sales of September were made on the curb at 96B cents and trade was free around 96 cents. With fuctua- tions so wild, speculators necessarily limited their operations. It was big mar ket only in the sense that every one took part. The. mysterious bull clique that have besn in July option were very prom inent in December this morning Their operations day after day have made 1t plain that there was a veteran at the helm, but his identity thus far has been kept from the public. Joseph Letter. a well known capitalist, is said to be 11eav- fly interested in the deal and well known car builder is supposed to have a hand in it also. Although Partridge's operations have not been eclipsed the combine is known to be long 100000 bushels of grain, nearly half of that amount being December corn and wheat. Their profits on it is said to amount to over s2, ,000, 900. The corn campaign Is be- ing pushed vigorously and prices today advanced about cent with a further gain of 1zc after the regular close. Oats were also helped by the bulge crowd and gained nearly l cent.
 Provisions are not favored by the pub- lie operations and gained only 1o@15c.
 THE SCENE IN NEW YORK.
 Excitement On Change Too Great for Descrip-