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Show CHICAGO GRAIN ( hicago. Aug 7. After an unset- H tied start today, the wheat market made a decided advance influenced bj Winnipeg dispatches that beyond H uestlon the British government had j been buying wheat there Sentiment j also was affected by advices that the federal authorities were pending ev I ery energy to provide for the imme- diate transportation of American crops to foreign markets, and that j J arrangements were being negotiated I to bank in New York a large amount of English government funds. Open- ing prices, which ranged from 3-8c ( pwei to lc higher, were followed by ; j an upturn all around, reaching iu I some cases 1 3-4c above last night. Corn bulged from the outset The j j bullish nature of the government crop report was largely responsible, to H pother with continued absence of j rain. Shorts found the September op j tion especially hard to buy. The mar ket opened 3-8c off to 1 l-2c higher, and then jumped quickly painln- a -much as 2 B-Sc before any reaction 1 I took place. H Oate climbed on account of Canadian Ca-nadian prohibition of the export of oats Offerings were very light and prices up more than 1 l-2c Active buying hoist d provisions. Highei prices for hops was the Immediate reason. Transactions ranged all the way from 5 to B5c up The wheat close was strong at a gain of 2 3-8 to 2 5-8c net The corn close was 3-805-Sc nei H hizher. |