The Birmingham age-herald., 1910-03-01
PRICE OF WHEAT
 GOES UP SHARPLY Damage to Crops Is General in
 the Wheat Belt
BUYING IS VERY HEAVY
Corn Is Inclined to Sag Early in the Day But Late Rally Sends Prices Up-Oafs and Provisions are
 Also Higher

Chicago. February 2s.-Wheat prices ad- vanced sharply to & new record in the closing hours of the session today on a wave of crop damage reports and infiu- ential buying. Corn and oats, responsive to the strength of wheat, developed firm ness but their advance fell far short of the increase in the major grain, which made a new top price for the crop in all the futures. Provisions. accelerated by the higher prices for live hogs and the re- stricted arrivals of animals at the packing centers, leaped forward again with pork in the lead, and gained from 1oc to 35c on the closing figures.
 Monotony in the wheat market in the first half of the day, with prices varying slightly up and down from Saturday [ final figures, was swiftly changed to sup pressed excitement, and a sharp advance all along the line by heavy buying by leading speculative concerns. May scared from $1.14A to 31 .1bB91. .1e, new crop record price, under the stress of the buying and the additional incentive of fur ther reports of damage in the crops in the winter wheat belt.
 Many traders who have scorned to no- to the repeated walls of frost and thaw destyuction and jumped into the market with bids for grain. The more distant futures shared in the upturn and mounted almost as speedily as May, adding from 1ttc to 1Nc to the lower points, and alsc touching new crop high prices at q .oSs. for July and s1.04ss for September. Tile market showed little sign of recession in the final minutes and closed strong at near the high point, with May 1Ac up, at s1 .15N.
 Corn was generally inclined to sag early in the day. the decline varying from isc to hc, with a small volume of trading The advance in the wheat market caused a responsive movement in corn and de- veloped strength which carried the fu- lures from 1ac to 7sc above the low point Pit traders led in the buying and cash concerns were the principal disposers ol the futures. May rar D from 651sc tc 65ss@6sMc, the other lres making a like progression.
 Cash corn prid remained unchanged with light offerings and fair demand No. 2 white closing at e31hQ64c. The flu. lures closed strong at near the high point with May asc up, at 661sc.
 . Trade in the oats pit was featureless most of the day, the closing strength 1T wheat giving firmness to the market May sold between 467sc and 471lc, Closing figures were near the high point, witt May 1sg44o up, at 47Nc.
 From the outset there was>a strong toS, in the provisions pit and prices advanced sharply. making new top records for man, years in pork, which touched S24.55 for tn, May delivery
 | sIsongs were not nasty in meeting the de rnand of new investors, who sought t, buy and doled out their holdings as tn, prices mounted skyward. Other product. shared the gains with pork though to
 less degree. High prices for live hog was the controlling factor in the bullisl market. Closing prices for the Ma, products were:
 Pork, $24 .55, 85c up lard, $1S. 20, 121ac up ribs, $12.e711, 10c up
 Future quotations were as follows: