Show P STAFF OF LIFE HIGH II I I MOST REMARKABLE RISE RECORDED RE-CORDED IN WHEAT An Advance of Twentyone c and One Half Cents Made Dining Past Nineteen Nine-teen Days Causes for tho Rise 1 Chicago June 2iJuiy wheat was I quoted at 66 ½ cents on the Board of i Trade during the session oC June 4lh At the close today the same option was selling at SS cents This was H cents I sclllS S above the closing price yesterday No such advance has been scored since I the attempted corner engineered by Joseph Jo-seph Letter In the advance of 2ly cents during the past nineteen days there have been no evidences o manipulation contrary to speculative proverbs that Uthe market mar-ket only advances on manipulation its natural course Is downward I has been the most remarkable rise In the history oj the exchange Pyrainlders have had everything their own way becaure there has been scarcely a set back since the market crossed 70 cents No failures have resulted There was an extraordinarily small shortInterest at the beginning of the advance and this was hastily covered cov-ered Foreigners had hedged against considerable cash stuff in thus market but of course this kind of shortage entailed en-tailed no financial los Stories of big winnings are thick about the exchange and no such wave of piosnerlty has visited the commission commis-sion men In a decade Causes for this advance in the price of the sinlV I of lifov are found In the parrlud fptlng wheat Melds of the great Norlliuost wheie authorities declare not onethird of the crop of former years can be harvested A bumper winter crop has already been assured outside of the Stales of Ohio Indiana and Michigan FOI the satisfaction of thoue whom who-m y be in fear of starvation It may also be stated that the visible supply of wheat In the public granaries of tho United States exceeds 15000030 bushels These arc the grains of comfort left I I to tho bears who also have the assurance j assur-ance that every month Jn the year records a wheat harvest in some country coun-try of the globe But at present a sort of bull fever is running high ind the Chicago wheat pit Is Hooded by telegraphic orders from every part of the world to buy buy buy |