OCR Text |
Show WHEAT JUMPS ON CHICAGO MARKET CHICAGO. Jun 1 Heavy purchasing of wheat here today followed reports from rtcjuth Dakota that crop conditions sr. the worst In the hlatory of the etate. Three whole counties. Corkttngtrm, Clark and Spink, all tare producers, were represented repre-sented aa being practically a failure for wheat thle eeaeon. According tn sxperts ths fields in general have been bsdlv burned and where green streaks ars still left th long continued hot weather la drying the plant In the milk. An advance exceeding 4 cents a bushel during tbe laat forty-eight hours showed . ths extent to which speculstors here hsd been stirred up. The September option tooay soared to 0c against Rcc last olrht and eSl64lc at the predln close. Big ealea to realise profits hindered a further advance and at one time led to a lively reaction. The greateat rise today waa for the Julv delivery, ahlch at th apex of the advance showed a bulge of 21 cents over last nlaht. reaching 91 cente flat. Under heavy profit taking, ho waver, the close was 1 cent below the top flgurae of the day. |