| Show CHICAGO HAS BOOM IN GRAIN Bulls in Control of the Board of Trade 4 RECORD PRICES ARE MADE MAilE 4 GREAT ADVANCES ADVANCE ADV ANCE AND PROFIT TAXING TAKING ON BIG SCALE 4 t Chicago Dec Dee i Booming BooD bull enthusiasm siesta tn the heaviest transaction in over a ar year r in all alt pits record prices in grains and na heavy profit for foe the fortunate sell sed seders ers these were the characteristic tea fee features tures tur s of business on on the board of trade today The Tile craze for tor buying baying which began to show ItSelf yesterday was present again at the Ute opening o and was augmented on oft every hand as u the session advanced The seats the floor and Ad the galleries of If the board were crowded with spectators and speculators largely visiting stock stockmen stockmen stockmen men all U eagerly trading Advances in wheat were 1 in corn 1 and in oats eats IK 1 Profit taking t en OR an enormous scale however took much muc of the strength of the market and December wheat closed elO only oaly c up and May wheat c c up corn for December delivery higher May oats c advanced Provisions closed 17 11 I to Se c up Wheat as yesterday seemed to be in inmost Inmost most moat demand though thou h it held poorly A general bull movement almost regardless of the usual Influencing conditions conditio seemed to control the transactions The countryside seemed to have arisen as one man and rushed to this Usia ia market to buy Not since the present bull buU campaign be began began gan gnu have brokerage and commission peo pee people people pIe been Dressed ed to handle speculative orders as they have today No man or firm was big enough in the perfect of business to be prominent prominent prominent nent in tn the pit nit Offering which were very liberal at the very start were ab absorbed abIn absorbed as so much h water in I a sponge hD Ii ur News In itself was not D very bullish Ca es Cables bles blea showed very little response to yes yea yesterday feeling here Local and north northwestern northwestern northwestern western receipts were small email and showed a gradual decrease But primary receipts were rather liberal and clearances were not large Outside markets however did not show a big increase Prices for foe all aU options were well advanced ed at the opening and andin andIn andIn in the whirl of trade tremendous t profit taking by big 1 g manipulators was disregarded disregarded disregarded until there was WAg such BUch a volume of it that it could no ie longer on er be neglected Gradually th t decline came and with it some slight might lull in trade December opened 14 to Oc C higher at t tc tO te c sold old up to 7 7 c sagged off oft to and closed firm c up at May opened c to c c higher at to SOt SOc advanced to the record price for tor the crop at SOc sank n back k to and re reacting reacting fr anu rt acting slightly closed l firm c c e up at c Local receipts were t cars none of contract grade Minneapolis Us and anil Duluth reported cars making the total for lor the three points of cars against 1 last year Primary receipts were bushels ba hels compared to bushels last year Seaboard clearances in wheat and flour equaled bushels Natural conditions backed up by the strong bullish speculation held corn com well up and the best advances of any of ot the pits Cables were strong the cash de demand demand demend mand mend was lively and the country at large wanted the cereal badly Outside mar markets markets markets are constantly buying corn com at prices rices considerable above this market and prominent traders hold that inasmuch as Chicago holds the majority of old c corn rn dealers in the country must come to this market to buy As in wheat buying or orders orders ders dens came from all alt sides ides and sent prices price up to new record prices The general II range was nearly ne Ic over yesterday and the biggest bIgg l part rt p of this was firmly held In this pit also big realizing realising for profits 1 was wae under way but the effect was hardly I apparent December opened c to fric Tc I up at ic to c sold to ic sagged I back and closed firm first Vc fic v up at M c May ll y started in spurts c to Ic higher at 67 to Sc sold to c reacted and closed still strong c up at 67 c The early trade in oats was as with witha I a heavy active demand by b commission I houses hou es Shippers Shipper also ato bought freely and frightened shorts rushed to cover Ac Acceptances I were small the shipping de demand demand demend mand mend fair the cash situation still sun strong A great deal of ot realizing for good profits by prominent longs depressed prices toward the close May opened lo o 0 higher at to advanced to WC ca new record reacted and closed firm U Uc c up UD u at c Provisions ruled firm all aU day caused by b lighter receipts re of hogs the strength In grain In and good country buying bu orders As In other pits realizing realising for profits brought an easier feeling but the close c was wa strong Jan January ary pork closed Up at 1669 1600 January lard higher at and January ribs l tc up at ISO The leading futures ranged as follows Wheat No 2 I Open I High I l Low 1 I Close Dec Dee s 75 May July 80 gut Rl 81 79 12 71 z zI I Open j i High I Low I Close Dec 1414 May lay I S 67 j July 11 rOpen I Open I nigh HIgh I Low I IDee Close Dee Dec 46 45 46 May ta 43 46 06 July 40 to 41 06 41 Mess Pork Per Barrel I 1 Open I High I Low I Close Jan 1150 tt 1150 16 6 May 1620 1710 M 1187 Lard Per 1 Pounds Pound J JI I Open I 1 High I Low I Close Closer Dec 1010 70 I 15 Jan 1985 I Ul I I May 9 9 85 Iii I Short lUbs Per HO HI 1 Pounds I Open I High I j Low I Close Jan I I I Zd I I I 1841 May 10 STO s 8 1818 1 Flour Firm No 3 74 ij No 2 S red 82 2 No 2 white 48 48 No 3 white m 2 2 Barley Fair to choice malting making Flax 1 1 1 No 1 north northwestern northwestern western 1 1 Timothy Prime seed Mess Mem Pork Per barrel barret Lard Per pounds Short Ribs Sides Loose e 8 50 Shoulders Dry salted alted boxed 7 Short Clear Whisky Basis of ot high hi h wines 13 lK Clover Contract grade It Ship Shi Flour barrel Wheat t bushels Corn bushel Oats bushels bU hel Rye bushels bushelli 6 0 Barley bushe Hi OO Pacific Coast d ast Grain Markets I San Francisco Fra eo d Dee Dec 6 Wheat Steady December u May 1 fJ Barley No sales Portland Dec Dee 5 at 98 I 61 for Walls Walla Walla Walls G CZ for bluestem Tacoma Dec 6 Wheat 1 cent higher hl ber Bluestem Blue tem 63 6 club 61 LIVESTOCK MARKETS Chicago Dec Dee 5 Cattle Receipts iM Active and aDd 10 Ii to 15 cents higher Good to prime GJ 6 poor to medium U I 35 5 stockers and feeders cows COWl iS heifers O canners bulls bull calves Texas fed steers Hogs Receipts today left over oer tomorrow Excitedly higher Show boss boga StI sold Mid at G Mixed and butch butchers ers era ii good to choice heavy hay rough heavy light 5 I bulk of ot sales Sheep Receipts Active steady stead Heavy avy H ewes lower lambs strong to 0 I cents higher Good to choice tUIi fair lair to choice mixed western sheep 3 K 4 00 native lambs iambi 2 50 1 i r 5 25 westel n Jam lambs J I Omaha Dec 5 Cattle Receipts I Strong to 10 cents higher Native heel beef t I steers 3 western st rs n 3 1 I Texas steers cows eow ow and heifers canners 75 si and ant feeders fIll frs calves 5 50 bulls bulb S Sand and stags stag I Receipts 12 l JO n c nt higher i IK II j e JaO t j oAr r i o f 0 f o I pigs 4 bulk of ot sales ales I I I Sheep Receipts 1506 1500 Active stronger II I Feni muttons aj grass 1 4 f I led fed lambs Jambs grass gra S lamb lambs lambI M 38 ewes awes ws common and sheep sHeil I St t Joseph Dec 5 Cattle Receipts 1500 1100 Market steady Natives 3 cows and heifers reals eala 2 00 us 5 bulls and ami stags 22 oo stockers rs and feeders feeder 2 H leI 1200 Market cents ceo ta higher Light and light mixed 5 57 70 65 rin and mixed pigs a 0 75 Market steady stead Kansas Kame cn aty Dec Dee 5 Cattle 4 ts hither higher Native MaUve beet steers ateer a t Texas and Indian steers Texas Il native cows and heifers JO stockers nd feeders bulls buns calves Ho 5 it cents higher Bulk o 0 sales sake heavy neavy t 30 medium 5 light L workers 5 pigs 4 Shoe 1605 1006 Strung Strong Mut tone t 75 lambs Jambs 64 ewes ewe Denver Dec 5 Cattle Receipts 25 5 Quiet QuieL Beef steers 3 cows cowa 2506 2500 3 0 stockers sad aad feeders bulls buna bunaI stags tags etc I Ho R aa m Higher Light packers ekers 5 mixed and heavy 1 Cj US USNo No WOOL MARKETS St Louis Dee Dec Terri Tern Territory Territory tory a aDd d western mediums fine e Londa Dec Dee 5 The offerings at the wool weal auction sales today numbered ITI bales The attendance was good Merinos and were in strong demand for home honie Suitable lots of merinos were taken for tor America Inferior grades gra e con continued continued continued weak k At the sheepskin sales held here today 1979 lm bales bides were offered The attendance was large and bidding was ani ant animated animated mated grades were 5 S per cent dearer mediums unchanged and aad coarse stocks showed a decline of 5 i to 7 7 per percent percent percent cent San rano Dec 5 Wool Spring Humboldt and Mendocino 11 Nevada 10 13 eastern Oregon valley Ore Oregon Oregon gon son 1916 1 fan fall Humboldt aDd and Mendo elne 1615 mountain 89 south Muth plains plaiDS and San JID Jaquin II lambs Jambs Dairy Products Chicago Dec 6 On the produce ex ax exchange exchange change today tol Q the butter market was wu firth firm Creameries 1 dairies dud f D Steady 96 Eggs Firm fresh freh M 24 New York Dec 5 Butter Receipt 1808 packages p Firm State deity daicy daf 15 15 t tI I 20 3 creamery cra mery 1548 June creamery ermery II 1 p factory Eggs Receipts i Steady Stead Western at t mark 26 S Coffee and Sugar New York Dee Dec Coffee Spot Rio barely steady No 7 invoice 6 6 mild steady tead Cordova ll 7 Sugar Raw steady Fair refining relining 24 11 centrifugal 3 molasses sugar 3 refined retiRed steady |
