The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1897-08-28
GOES TO A DOLLAR.
Wheat Reaches the Coveted Goal
at Many Points.
TOP NOTCH PROBABLY NOT REACHED,
Markets Experience Great Excitement
at Philadelphia, New York and
Observation-Disclosures Of Six
Cents at Chicago.

Philadelphia, Aug. 21.-The wheat
market Friday was the most exciting
ever experienced in the history of the
exchange. Quotations jumped up AZ
cents and brought the price beyond
the dollar mark. There were sales Of
No. 2 red at $1.0l und No. Pennsyl.
vania red at one time was quoted ct
$1.02. This is the highest quotation
here in many years.
Sells for q Dollar in Minneapolis,
Minneapolis, Mimi, Aug. 21.-Wheat
sold for one dollar bushel in Minneap-
oils Friday. When the September op.
ton went to 80 cents Charles A. Pills
bury offered dollar spot for 1900
bushels of old No. northern, which il
selling at q premium. The offer was
accepted. James Marshall offered tho
same price for 5000 bushels. but it has
not yet been accepted.
Climax in New York.
New York, Aug. 2l.-At lao o'clock
Friday September wheat in the local
market reached the long-talked of goal
of 81 per bushel. Naturally enough
the incident created tremendous sen.
Bation OH the floor of the exchange and
was greeted with prolonged cheers
from 500 threats, being reechoed from
the crowded galleries. Several times
during the early afternoon the bulls
snapped the price within "a cents Of
the desired mark, but return wave Of
selling orders each time swept it back
again. The final and successful effort
was made under the impulse of export
rumors reaching enormous figures.
September was hanging around 99N
cents when the export news was first
whispered about, and at once danced
upwards in response to excited local
buying. Higher and higher it whirled,
watched by everybody on the floor I'm.
til the big black finger on the record
dial pumped fairly on the even figure
an accomplished fact.
Now that the bulls have attained their
boast, they are MS far as ever from being
satisfied and claim that the wave of bull
sentiment which has spread like fire oil
over the country will carry the price
here to at least $1.25 per bushel, and
perhaps even higher. That dollar wheat
is already thing Of the past was dem.
onstrated on the late curb when fur
ther clamorous demands from high.
strung local shorts raised the price to
s1.0oA, or cent bushel advance from
the official close. About $4,000 bushels
Of wheat changed hands at 81 Friday
afternoon.
Big Advance In Chicago.
Chicago, Aug. 21.-Septelnber wheat
hnl nIv ns,-
nights closing price at 1880 Friday,
when it reached 1914 cents bushel.
Wild excitement reigned in the wheat
pit all day. The opening of wheat was
3A cents above Thursdays close and
within a minute the price was 91h
cents. After another slump it rose to
o3h cents without any material de-
cline. December wheat also tiuctuated
wildly.
The market closed strong at 90 cents,
falling off of only one-eighth of q
cent from its high point.
Wheat sold at 81 on Friday at West
Superior, Wis. and Duluth, MINI. Al
Baltimore it sold at $1.o1H.
In Frisco.
San Francisco, Aug. 21.--Intense ex.
element prevailed In tie local wheat
market Friday and options advanced
with great leaps. December opened at
SLIGO, receded for moment and closed
at $1.609s. After the call there was an
advance to $1.o1M. An hour later it
rose to $1.63, but at 1l.15 there were
large sales to secure profits and prices
had sharp decline. May opened at
SLIGO and closed at $1.e1A. In the after
noon December opened at $1.64 and
closed at $1.631h, while May opened at
sl.e2 and closed at $1.e1h
CANOVAS' ASSASSIN GARROTED.
Michele AnRiOlli Pays the Penalty
of His Crime.
San Sebastian, Aug. 21.-Michele An,
giolG, who shot and killed Senior
Canovas del Castillo, the prime minls-