Deseret Evening News | 1901-12-05 | Page 1 | "King Farmer" is in Command

KINO KING FARMER IS IN COMMAND Goes to Chicago and Sends Prices Of All AH Grains Climbing THEY MAKE NEW ANEW It A Natural Hack of or Iho Ib Up 01 Home Sonie Chicago Doe Dee C Farmer lute has I como Celtic to Chicago taken time the board of trade by b storm and sent prices of at nil alt climbing record prices s l today on change chungo was larger arger and more moro spectacular than It haw has beta c n nor for or u a I long IonIC time and hits bus rivaled tho thu speculative that marked time the days of ot and tho the other othor giants of ot the thu pits pita Natural conditions aro are hack back ot of tho the In prices bull speculation has hils boon beoh time Iho main Incentive rime Thu whole countryside seemed scented to be bo waking up tip to the tho ruinous storing In the tho corn crop cro and tho the feeding of ot wheat to stock ns us n it has ha brought blought buying In III that cereal advances a vances have boon been made mallo In III all options of at wheat corn and oats during tho tIme pant nast several weeks but tho thin arrival of ot thousands of farmers and to visit tho th live hive stock exhibition thou lion touched off oft the fuse fuso under nil alt the tho markets and prices booming To Pa Today Paday day thio Iho hour of ot tho the board was a spec spectacular show how hundreds of ot the big countrymen In fur tUI overcoats and cow eow cowhide hide boots had hiatt the th courtesies of ot the tho ex cx exchange change Und and vero all 1111 eagerly getting Into the game When Whon professional speculators saw sn W tho the farmer grasping opportunities they Immediately hogan began to plunge Added to 10 this Influence was wan wasa u II flood of ot general buying orders ardors from the thc country until the tho outside Interests practically control thu the market bray wheat touched Its it record for tor the thu crop shortly before noon Belling at nt 80 December and May corn broke record of ot years yeats standing Dec December ember embel sOiling selling at 05 UI and May Ma at III GS It Itla ItIs la Is rumored there thero to it a n corner In III oats oate but hut trade Is 18 so largo large on both sides of ot the market tU that It Is l not certain May oats broke broko another record today at Although the transactions on the board continued on 01 a very yeO large scale throughout the tho session prices J rlee did not nol hold to their record marks at nt tho close clone It wan rumored that l Bros Draa been boen buying large of at wheat for or the tho past Ilat six weeks George Phillips was reputed to have secured a large lare line of or corn anti and Patten Putten mayor of Evanston was supposed to have havo con eon control control of outs At the high prices enor inous mOUl Amounts lIlIo of ot grain cams out In im nil all pits supposedly from these operators Prices s rapidly 1 lIce though th the markets ware w y t firm tho the big bis advances for tor tho the day wore WIC In marjy cas cases caMs s lost December wheat closed at 75 and May wheat at 79 the day respectively r of o y M Mand yand and H corn closed cloned with a n again nral I gain gaii ral of at m at OH and May corn i gift 3 higher at nt oats closed HOH 1 up pp at 45