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Show WHEAT PRICES TIKE DECISIVE ADVANCE Export Business on Large Scale Responsible for j Rising Quotations. j "M1 1 OA GO, Dec. 22. Assertions that , export business today was on a larpe ; scale and 1-: jropcy.11 acquisitions yesterday yester-day hud neen double tiie amount which lu.d been ..-urrentlv esiimated were "luefly responsible? lor a decidtd upturn todny in tlie pri--e of wheat. Closing (luotations wi-ru strong. 2-c to 4'tc net hicher, wit!) .May at J1.6U'-.! to and J-uly at Si.;;1. 10 fl.33s- Other staples, too, showed gains corn, 7.- to 1 1i c ; oats, 4c to and proisions. T'C to 2".e. Peace- uiT'ertain'.ies made the wheat trade nervous during the first hour or so, opinions being greatly at variance as to i inw the now?; at hand from lxm-don, lxm-don, Washington and other capitals should be interpreted. The puzzle found no sol ut ion that whs generally accepted, but it served 10 keep the market rapidly fluctuating meanwhile within l1 cents of yesterday's latest figures. Then advices were circulated that the British commission commis-sion ayain was in tlie market as an active ac-tive buyer of wheat. A decisive advance in values then beyan and was accelerated accel-erated by gossip that a big fleet of steamers soon would arrive at the eastern east-ern seaboard to relieve the existing freight congestion there. Despite reactions reac-tions due to profit-taking, the upturn gained in force right to the clos. - Rumors that a warlike note from the entente allies to the central powers was forthcoming did a good deal to increase the bullish sentiment near the end of the session, when shorts were evening up for the three holidays ahead beginning tomorrow. tomor-row. It was not until after the close that many traders were aware of the foundation founda-tion of tho rumors, a Petrograd dispatch available early in the morning and to the effect that the formal answer to the German Ger-man offer oi" a peace conference would be as already outlined by government officials of-ficials before tlie liussian dmna. In corn, as In wheat, trade was not heavy, but the market displayed considerable consid-erable lirmness after an easy start. Scarcity of rural offerings helped to a material extent to harden prices. Oats followed closely the movements of other cereals. Speculative shorts were the chief buyers. Provisions were neglected. Higher quotations on hogs formed the main basis of strength. RANGE OF THE LEADING FUTURES. Open. High. Low. Close. Wheat May . . .51.6SU $1 ,6S 1 . 624 ?l .67; July . .. 1.36 l.IIS'g 1.301-s 1.38V& Corn May . . . ,01 3 -037i .OD- July . .. .OHs .yiU .024 Oats-May Oats-May . .. .oiV2 .53- .5Ir .531.6 July . . . '. 4 ? . 5 1 14 .49 V . '5 1 Pork Jan 27.10 27.10 27.10 May 26.70 26.62 26.62 Lard Jan. . ..15. S3 15.07 15. S5 15 9" May . ..15.y5 16.12 15 . f5 16.10 Ribs Jan. . ..1,3. 7 IS. SO 13. SO 13.87 May 14.30 14.20 14.27 CASH QUOTATIONS. Wheat No. 2 red. $1.6S; No. S red, SI. 61 ; No. 2 hard, nominal; No. 3 hard, nominal. Corn No. 2 yellow, 03 V4 rf?94e; No. 4 yellow, 91i.93i;c: No. 4 white, 925' 93c. Oats No. 3 white, nominal; standard. 51ig.52e. Rye No. 2, $1.32. Barlev, Clover, J12.0fiff7-17.00 Tlmothv, $3.50: 5.50. Pork, J2S.50. ! Lard, $16.5i"f?'16.55. Ribs, $13.127 13.76. |