The San Francisco call., 1897-08-22
EASTERN PRICES RISE.
Intense ExCitem mt in the VIII eat
Pits at New York St. Louis
and Chicago,

and Chicago.
NEW YORK, N. Y, Aug. 21.-Sensa-
tiOnal features were present again TO-DAY
in the wheat pit at the Produce Exchange.
The -four market was excited as a result
OF the advance in wheat. Spring -four
reached Sc barrel. as compared with
$4 20 BEGINNING in July. In the case of
whea. there was again a runaway market.
Septe mber sold from $1o1L to 81 OF,
against 993s, the closing price of yester-
day. The official closing at noon, after
one and a half hours trading, was 81 OH.
Decem Der future. which opened at 81 10
81 003I against 941z at the close of yesier-
day. closed at 81 035s. After the official
closing there was Iurther excitement on
the curb, with sales OF September as high
as ST OF. Cash whea', No. l Northern,
afoat, was quoted at 81 O3.
ST. LOUIS, Mo-, Aug. 21.-For the first
time in six years the prevailing option on
wheat sold at 81 bushel in the Mer-
chants Exchange to-day. Wheat opened
with an advance of 3 cents over Friday 8
close, 81 being b d for Dece m Der at the out
set. A lot of 5000 bushels sold at this fig
ure. when 81 was offered for Septem Der.
cember advanced to 81 COZ In two min
utes an advance of cent was recorded on
Dece m ber option, which was boosted to
81 02L few minutes later. Then Sep
tenn Der option shot up to 81 0234. Intense
excitement prevailed until the c,ose when
Dece mber option was quoted al 81 02L an
advance of 59s cents on the day. Septem-
Der closed at 81 02sl May advanced 59s
cents, closing at 81 05H
These are some of the winners in the
bull pool: William I. Haarstic, $500. 900; ;
Ben Barnes, $25O,000; d. r. Francis,
100000; Corwin H. Spencer, $1,000 w.
l.. Green Commission Company. $500, 900; /;
Charles F. Forthwein, 100000.
CHICAGO. ILL.,, Aug. H.- Wheat reach
ed the dollar mark here to-day. First
at 81 cents, an advance of cents over
yesterdays close. In five minutes 9S15
cents was asked. Corn also gave indica-
tions OF boom, the Septem Der curb price
ranging from 30 to 30A cents an advance
of over cent bushel.
Ten minutes after the curb opening
September wheat had sold back to 97l
cents and Decem ber sold at 97H cents.
The opening price for wheat on the
regular board was 90 cents for Sapte m ber
jump of cents busheI com pared with
yesterdays final figures for regular trad
ing. Sales were made all .he way be-
tween 98 and 81 cents for Scpte IN ber IN the
first few moments, and 96% was touched
for an instant. Ten minutes after the
opening wheat was se.ung at 97L cents
for September and 96 cents for Dece m ber.
and did not vary much from these figures
for some time.
The widest excitemen vas in the coarse
grain. Corn vas up nearly cents bnsbel
and oats up cents. 1t was sympatbetic
OF course, with wheat There is great
short interest in each. Both nits were
iammed with traders. On the 2L advance
in common Counselman and otner eIeva-
tor people sold heavily. Showers and
warmer weather were predicted for the
corn States tomorrow. The market
yielded on selling by the elevator interests
aud on the prediction OF warmer and show
cry weather for all the corn States. Prices
went off cent from the TOP.
A good deal OF yesterdays excitemen