Show BULLS RUN CRMN PT May Wheat Touches Highest Point of Present Season MARKET ONE OF SENTIMENT Under Heavy Buying Pressure Nay Wheat Touched 70 l2c A Reaction Reac-tion Followed but the Close Was Aggressively Strong Bull Fever Spread to the Coarser Grains and Corn Was Pushed Along With the Smaller Cereal Oats Also Given Boost on Strength of Wheat Chicago Jan 5Q the beginning and at the end of the session In the wheat pit the bullishness of a decidedly strenuous stren-uous order made the market an exciting one while the period between those extremes ex-tremes was marked by a nervousness amounting to speculative ague Tho mar ket was almost entirely a creation oi sea meat based on lie stock activity and rumors of Wall street Interest In the local grain market But at that with the news legitimately Influential In determining prices eliminated May wheat boomed to the top price of lie present season Muv wheat opened 1 to lic higher at 7SV to 79 > 4c under heavy buying pressure wherewith rumor connected tho ntuno oC Jumps R Kcene tho New York stock operator op-erator An enormous business was transacted trans-acted lie first ten minutes longs catering cater-ing to lie hungry mouths opened to them with such liberality that tho price of May dropped back to TSvJc Trade became more quiet but feverishly nervous for tim next hour May rallied to 7Sc but dropped back again Offerings were light and tho price was gradually worked up again to 7Dc At this mark more profit talcing together with some short selling was attempted Meanwhile commission houses had received moro buying orders Tho readiness with which offerings disappeared dis-appeared Into this quarter alarmed the short interest and in a sharp burst of activity May jumped to 70ic high price of the season A reaction to 7Dfcc followed this bulge but the market was aggressively aggres-sively strong and the close was 13k to IJfeo higher at 79i to 70c Thc bull fever spread to corn As It dl l to other leading speculative markets TIm market however showed Independent strength based on the continued light receipts and poor grading despite lie perfection per-fection of lie weather for moving the crop Tho market for a time was contented con-tented with Its opening rise holding steady on a broad general demand A further fur-ther advance however was forced uy lie wheat strength and lie close was strong May closed 7ic higher at tf to SSV e A big cash business and the wheat strength gave oats a boost today May closed c higher at 23lic Strength In pork was thai feature In provIsions pro-visions although lard and ribs were also firm An Influential local Chipper bought lard and ribs liberally while commlsslon hoMsos took pork TIm wheat strength modern hog receipts and a good cash demand wcro factors In tho advance May pork closed G5c higher lard ITVc up and ribs 20c Improved RANGE OP TUB LEADING1 FUTURES Articles Open High Low Close Wheat No 2 January 76 70 75M 7CVi February 76i < 77U 7CW 77M May 70A 73j 78k 7Dj Corn No 2 January 2CJ4 zrV 36 43t February SGfij 37 > 4 S6V S7Vi May S7 OS 37Ji 3S Oats No 2 January 23 23 23 23V May 2o 2u i 2ift 23A Mess Pork January I32OI 1377S 1327V 3377 May 1335 13S2 1332 1280 Lard January 702 ½ 720 702 ½ 717V May 717 710 717V 732 ½ Short Ribs January fiSO CM GSO G02J ½ May OS2J 703 GS21 ½ 7CO CASH QUOTATIONS Cash quotations were us follows Flour quiet winter patents 3 70g320 straights 3320ff365 clears OiKUO spring specials I0iIiI0 pateiits 360300 straights 1203C No spring wheat 7fvz7Gc No 2 red 77W79c No 2 corn 37c io 2 yellow yel-low 37o No 2 oats 2227c No 2 white 2ii4i27c No 3 white 26i4q27c No 2 rye 5263c fair to choice malting barley KtfGlc No 1 flax seed l3fi No 1 Northwestern 16ftlCO prime timothy seed 5170 mess pork per barrel 5135 > 8 1360 lard per ICO pounds 71515720 short ribs sides loose JG75700 dry salted shoulders boxed 574ij6c short clear sides boxed 72vj7D whisky basis oC high wines 127 clover contract grade 1060RECEIPTS RECEIPTS AND SHIPMENTS Articles Roots Shpts Flour barrels 17000 3i000 Wheat bushels 50000 coco Corn bushels 231000 212000 Oats bushels 6C3000 101000 Rye bushels SOQO 5000 Barley bushels 25000 21000 PRODUCE EXCHANGE On the produce exchange today the butter but-ter market was dull creameries 15S23or dairies i2c cheese dull lOJi llvic eggs cutlet fresh 20c Butter and Eggs Now York Jan 5 Butter Receipts 2711 packages Market steady Creamery Cream-ery 17 < 525c Juno creamery 17224c factory fac-tory XtflGc Eggo Receipts 1233 packages Market steady Western average packed at mark 22Q Gc Western loss off 27c Coast Grain San Francisco Jan 5 Wheat Steady May 103 December 110T cash 1 OHi Barloy No sales cash 7 > Vlc |