The record-union., 1897-08-21

ton with which a majority received
the news of dollar wheat.
The market whirled away, and very
few attempted to keep up with it. The
advance was steady from the opening.
At one time over cents gain from
yesterday was realized and September
wheat closed in Minneapolis 57sc higher
than yesterday, and December closed
a full &c higher.
| September wheat opened SIC higher
this morning at SS1ac, dropped to SSc,
and advanced to 911ac, closing at 911sc,
against S5Ac yesterday. December
opened at SSc and closed at 9O@901sc,
against SIC yesterday
AT ST. LOUIS.
ST. LOUIS, Aug. 20.-Wheat higher;
closing at &c for September and 47sc
for December and May above yester-
day.
After the inaugural scramble, the
market qVieted down, but was nerv-
ously sensitive to bearish news. The
crop advices from the Northwest con-
tinued to come as bullish as it possibly
could be, the greatest strength in wheat
here and elsewhere (S1 being paid for
it both in St. Louis and Minneapolis,
and reports of heavy export buying at
the seaboard stimulated bullish opera
tions. Later it eased off on realizing
sales by longs and some selling for
short account, but at the close was
firm.
AT PHILADELPHIA.
PHILADELPHIA, Aug. 20.-The
wheat market was the most exciting
ever experienced in the history of the
Exchange. Quotations jumped 434c,
and brought the price beyond the dol
lar mark. There were sales of No. 2
red at ST Oh and No. 2 Pennsylvania
red at this writing is quoted at 81 OF.
This is the highest quotation here in
many years.
FOREIGN CROPS.
WASHINGTON, Aug 20.-Advices to
the Agricultural Department from pra
vate and indirectly official sources con-
firm the predictions of a considerable
deficiency in the European wheat crop.
Rye, which is the chief bread grain
of Eastern Europe is also short This
fact, a special report of Statistician
Hyde of the department says, as well
as the wheat deficiency will tend to
restrict the expectation of the latter
from those European countries which
usually have a surplus of that grain.
AS to European countries other
than the United States, their aggregate
contribution to the European supply
will be materially affected by the fact
that India, denuded by the famine
will have practically no wheat to ex
port.
United States Consul OConnor at
Yarmouth, Nova Scotia, reports that
early crops in the southwestern part
of that province were much injured by
wet weather during the first half of
June, which also prevented planting the
usual potato area P1ums are a failure.
Apples will be a short crop. Small
fruits like strawberries were abundant
with increased acreage. Unofficial re-
ports from Ontario show an unfavor-
able change in the fruit prospects, with
a probable small crop of apples. In
Western Ontario the fruit outlook IS
better, but there will be a poor crop
around Quebec, while in Manitoba the
wheat area exceeds the reduced acre
age of last year by % per cent, and
is IA per cent. greater than the 1895
acreage. until then the year of the
largest
Agricultural conditions in other for
eign countries follow:
Great Britain and Ireland-R eturns
from every county in England and from
many districts in Wales, Scotland and
Ireland, published by the Agricultural
Gazette" July 26th, indicate that the
wheat crop would be considerable. oats