Rensselaer Democrat, Volume 1, Number 5, Rensselaer, Jasper County, 13 May 1898 — WHEAT REACHES $1.85. [ARTICLE]

WHEAT REACHES $1.85.

May Crop Goes to Best Price for Farmer* Since 1877. May wheat sold up to $1.85 in Chicago Tuesday, and July touched |I.2C, but reacted some. - Following are the net advances of Saturday and for the week and Saturday’s closing prices for wheat in the principal speculative markets of the world, the Chicago figures being given first: Advance, Advance Closing Month. cents, for week, price. May 1714 46% H-07 July 5% 11% 1-00% September ;. 3% 4% 87% NEW YORK. May 16% 41% 1.00 July 4 10% 1.18 MINNEAPOLIS. Cash 14 31% 1.45% May 14 31% 1.45 July 11% 24% 1.35% DULUTH. Cash 17% 41% 1.58 May 18 40% 1.57 July 10 30% 1.44 ST. LOUIS. May 18% 25% 1.35 July 4% 8% 08% LIVERPOOL. Spot No. 1 North’n. 1% 12 1.53% May 3% 15 1.54% July 5 17% 1.48% September 1% 4% 1.14% PARIS. May *4 .... 1.50% September ..*2% .... 1.50% •Decline. Following are the top prices for contract wheat in Chicago for forty years: , 1&59 $1.15 1880 $1.32 1860 4\.. 1.13 1881 1.43% 1861 1.25 ISB2 1.40 1862 02% 1883 1.13% 1863 1.15 1884 06 1864 2.26 1885 91%, 1865 . 1.55 1886 84% 1866 2.03 1887 94% ‘ 1867 2.95 1888 2.00 1868 2.20 1880 1.08% 1860 2.47 1800 1.08% 1870 1.31% 1891 1.16 1871 * 1.32 1892 01% 1872 1.61 1803 88 1873 1.46 1804 65% 1874 1.28 1805 85% 1875 1.30% 1800 04% 1876 1.26% 1807 1.09 1878 1.70% 1808 1.70 ' 1870 1.14