Ogden Evening Standard | 1912-02-07 | Page 7 | Increase in the Price of Wheat

INCREASE IN THE PRICE OF WHEAT Chicayo, Feb. 7 Wheat roso In price today as a result of stronyth in Liverpool due to fear that supplies of contract grade would bo insufficient Minneapolis advices also Indicated smaller receipts from now on. Opening figures here wero 1-4 to 55-8 higher. May started at 104 1-4 to 1-2; a gain of 3-8 to 5-8 and advanced to 101 5-8 The firm cableB made corn offerings offer-ings light and pusbed up prices. May opened 1-4 to 3-8 dearer at CS 3-8 to 1-2 and ascended to G8 5-8. Bull leaders purchased freely of oats. May started 1-S to 1-4 higher 52 1-8 to 522 1-4 and climbed to 52 5-1S. Provisions were heavy. First sales were 2 l-25 down with May $10.22 1-21G.25 for pork; $9.32 1-2 for lard and ?8 758.77 1-2 for ribs. Omaha Livestock Omaha, Nob., Fob. 7. Cattle, receipts re-ceipts 5.G00. Market 10c lower. Native Na-tive steers $5 257 85; cows andbolf-ers andbolf-ers $3.30.GOO; westorn steers $3 80 0.80; range cows and heifers $3.00 5.00; cannors $2 503.G0; stoekors nnd feeders $3.50G.25; calves $4-00 (S'7.75. bulls, stags, etc, $3 75(?f55 50. Hogs, receipts 22 000 Market 5c to 10c lower. Heavy $G 00G.20; mixed mix-ed $5.907IG.10; light $5.G0G10; pigs $4.505.50; bulk of sales $5 80G.10 Sheop, receipts 10.000 Market slow 10c to 15c lower Yearlings $4,755(7? 5.50; wethers $3.9Q(?74.40; owes $3.15 1.15; lambs 5.25i6.30. New York Money. Now York, Feb. 7. Money on call steady, 2 l-42 1-2, per cent; nling rate, 2 1-4; closing' itfd, 2 3-S; offered at 2 1-2. Tlme'loans easier; sixty days, 2 1-2 (33-4 per cent; ninety days, 2 3-4 per cent; six months, 333 1-4 per cent Close: Prime morcantllo paper, 3 1.2 4 per cent. Storllng exchange weak, with actual actu-al business In bankers' bills at $4.8150 for GO day bills and at $1.S715 for do-maud. do-maud. Commercial bills, $4.8475. Government bonds steady; railroad bonds steady. on