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Show WEST GOES UP OH WILD RUSHES TO BUY, Market Closes at Nearly the Highest Figures i Yet Quoted. CHICAGO, Oct. 17. Sensational advances ad-vances in the value of wheat resulted today to-day from wild rushes to buy, which ac- companied a big broadening out of export 1 business. The market closed excited at j nearly the topmost figures reached. Net j gaiVis were 6c to 7c a bushel, with De- I cember at to S1.C3U and May at $1,643$ to $1.64;. Corn finished lc to lllsc net higher, and oats up 1 '&c to : In provisions the final range varied from 5c decline to a rise of 15c. I'ersistent buying on the part of foreigners for-eigners tended to carry the wheat market upward from the start, but it was not until .the last hour of the session that prices went skyrocketing in good earnest. Fstimates after the close indicated that since yesterday Europeans had acquired more than 2.500.000 bushels of wheat from the relatively meager supply In the United States, in this connection reports were current that the British government forced vessel rates on the Atlantic down from 2Sc a bushel to 10c. and was bending all energies to lessen the cost otherwise of handling wheat shipments from this country. coun-try. Such reports put shorts and other purchasers into a turmoil that was but little, if any, abated when the gong cleared the pit. Smashing of Argentine wheat crop estimates esti-mates as a result of drought seemed to have much to do with the increased European Euro-pean demand having reached a point where the surplus of Argentina seems so Incredibly low that the figures were withheld with-held pending verification. The effect on the trade, however, was nevertheless radically bullish, and was rendered more so by news of heavv snowstorms in Canada, Can-ada, where threshing, only half completed, complet-ed, was said to have been brought, to a standstill. There were also indications that both French and Italian import needs would be greater, as was the case last year. Besides, war news was not of a sort to encourage hope of an early peace, especially advices just before the close of the day's trading that the Russians Rus-sians had suffered a severe defeat in Ga-licia. Ga-licia. Corn was lifted by enlarged export demand. de-mand. One house alone was said to have disposed of about 450,000 bushels to Europe. Eu-rope. Oats, although strong and active seemed to he merely parallelling the action ac-tion of other cereals. Higher quotations on hogs and grain-carried grain-carried provisions upgrade throirdiout nearly the entire list. October lard Vent to new top figures for the season. RANGE OF THE LEADING FUTURES'. Open. High. Low. Close. T heat December ..$1.58 Sl-fiS $l.rS 6iU May 1.5S 1.5S 1 'tt Corn December . .764 -7S6 751 MOyat-78 '793i ' .79 December . .473s . 4S7g . 47 4934 y : 50 si -50 :G1 Pork December .23.75 23.1)2 23. SO 23. S7 Januarv ...23.82 23.07 23.75 "'3 90 Lard December .14.30 14.30 14.32 14 47 Januarv ...13.67 13 . ST 13.67 13 S5 Ribs October 13. S7 January ...12.70 12. S5 12.70 12. SO CASH QUOTATIONS. Wheat. No. 2 red, $1.595,1.6r): No 3 red. $I.575 1.61 ; No. 2 hard, ?1.G2 1.64: No. 3 hard. $1.591.61. Corn, No. 2 yellow. M) si 03c ; No. 2 vel-low vel-low X!) V2 fa 90c; No. 4 white, nominal. ' Oats, No. 3 white, 46fa47c; standard 47 4Xc ICve, No. 1. Jl.Sr.fi 1.25'. Karlev, 73& $1.14. Timothv, Sr..50&'-5.3:. - Clover, Stl.OO&lS.oo. Pork, $2S.50. Lard. J1.V12. Ribs, $13.751 14.25. |