Watertown weekly leader. [volume] (Watertown, Jefferson County, Wis.) 1906-1908, 1907-05-17
DECEMBER WHEAT
JUMPS UP 5 CENTS.
Takes Tremendous Rise on Chicago
Board, Reaching S1.03
BuShel

NtlCAGO, Ill, May l0.-N heat took
q tremendous hmm nj the openinrr of the
hoard If tradc tod.y initiaI 1,rnes Show
inc, :, ,r,ir ,n rho Iealinr ontions IL 70
9 80 -. ,l 't -. - ~
>N"'' ''S l"''ei ''"' "ii'e ue4ils oi tiIc
ma ono,,;,r -, tha haarl Wy t%.
widest md n1ost ovcitipc tb,t hos ro,,,
seen in snvorai vears Me m~lictions
made nv hniIs ~ Sn+urIn, n;,rGt IN
dollar v,hoot Womb soon 10 = ro,Si;ty WIS
Irournt nhn,,r within .. few raIIs ,Ftnr
the 0prninr hotb Snnteniher and Drrrm.
Der selling above tbe nredicted nrice. De
cp1nher ,rniI~ n h;,th 1S 81 az M,
trade yv'S tn7 bi,r md roo hro,d In f,Iin,,.
eyuctIy hut every commission bousn y.,s
stacked mn with huyinn orders which
We're to tIl,n IN, ,,.Icn+ NJ mo ,,,a,,l,,f
price. The feeling in The country tIaf
the winter wheat cron has been badly
+ hurt Was even stron,rnr thar, ON Saturday
and fine demand c,nn rron, III narts If
+ the I,ni,aJ Sr,ta.
4 ,r -1-'0 ~ D1-ll''l'o
cnnInnns h,Is ~ t nn"nin l "" t tn
big demand r|ntimnnG and Tho snIIin,r baI
annarrntjv nor tho sIi,rIfrs. pffr,t Prices
s continued to advance steadily. The I.iv-
+ erpool market WAS rrportpd strong and
i there was 4 sharp advance M Mime
apolis because of small worlds ship
mentS and unfavorabIe weather in the
northwest
At 10 o'clock July wheat was selling
at % IS and September at 81 0-S. both
having dropped back somewhat under
selling pressure.
RroIrers in > Frergy
~,
ne scene ON lhe ""'iL" OF trace lo'
/ ne liIsI nan nour ilier Ile opening was
/ .nt "iiueSt Lhat m"u oetil Nl'iieSS' $50.
,no,S o9 re iniiiHl'ne W ,'v A-o''Si
! frantic efforts to fiji orders for wheat,
! but in many cases We're unable to buy
within > to ) cents of the expected
! The entire country seemed TO be back OF
i the buying movement and although the
conservative traders on the local board
seemed to be largely of the opinion that
/ the advance was too abrupt to hold the
loou uL nuS my 9rGtrS Iron, 1nr timt
elS SolIitueo any II M"S ,,Ii
/ iIol SOME me az lt"St inc hl"iN'' "'"'"
/ nave "lIp'e s"iP"i''
Fluctuations Later in Day.
The market Mt 1O.4I o'clock reacted
considerably. December wheat WAS
down to uo i coI,ts hnInyv tho hi%L mark
/ .s,,,,,l ,l1i,,,r ~ oUIzn I,I,,
m,. ,iu w ~ ~
0';11
~, ,,,,,I.o+ ,.,s ,ou,,,or,,i,.oIr cuiot
nc l,i"l ~ VIZ" }Ii' MN
'i ''. az, - SiooN t "iiu -, o. -, .
"ioTnu 'o< loi 'uiS anu % IS i"i "Vl'
te"ipSt; numerous numerous reports pouItu III
from lhe Souii"eSI as 10 lhe amount o.
damage done by the green bug ana the
nuElhG ORDERS from lhe country con
unued IN undated volume. Professional
traders, however, sold heavily and threw
! much long grain upon the market. vt
II 30 o'clock July was 90 and September
! 917S, the prices not having varied mate
inIi within hal
p,
flnai rlguieS Oh Exchange.
Under heavy selling for profit all of
! the options sold off. Final quotations
found the July option up 4 cents above
the close OF Saturday at % 5-S@@r.
/ September was also up t cents at 81
5-S. De cember was t is cents higher
at 90 IS.
Tremendous New York Sales
NEW YORK. May 13-"Dolior
wheat" on the Chicago hoard of trade
today was reflected III a violent advance
ON the produce exchange mere. Wner"
| tfauiliS assumed tremendous pFoportinnS
attended WIN mucn eXcltemeht. The
trance CT the puplc III the I"cal gram
| i!ia'heI was :" le'tule Vi tile ""S ii"H-
r,,1,, Wheat ononad n onal
Jo1y "' oPeN a. n
| july Wh"2T opened at 1D0I to 1Gln
an advance of 4 cents over SATURDAYS
close. while SeDtpmher wheat oppnrd at
/ 101 and 1025L an ,d1-anra IF 4 co,,t.
go ~ e. e. g t,rI n,i ~, -,
] oNcl ny Nio19 ''',,t - b'''ll'"''
| jumped from Io4 70 lu'I%4' at ine open
/ ing, having closed saturday at iUI4. IN
the first hour of trading it is estimated
| over > GOO 000 hushpIS were Ion~i,t and
sold in the nit.
ing today do there fo To1 n % dn rush h5 to sa"
.tIItE ION -lIlH M