Rensselaer Semi-Weekly Republican, Volume 22, Number 89, Rensselaer, Jasper County, 26 July 1901 — CROP NEWS HELPS PRICES. [ARTICLE]

CROP NEWS HELPS PRICES.

Chicago Board of Trade Brokers Bid Up Cereals Amid Great Excitement. With crops burning to destruction cume a scene of wild tumult on the Chicago Board of Trade Monday morning. Prices went skyward Corn advanced 4 cents: September wheat went up 2 cents and there was a rise of 2% cents in oats. The excitement began at the sound of the goug, when corn went to 57 and then to 59. At the flash September wheat went into the rising market at from OflVi to 70%. Oats were quoted at 3U% to 37%. At each pit, according to dispatches, was a pushing, eager throng, and as the advances were reported along the line the place became a bedlam of sounds. Brokers dripping with perspiration, with collars melted and in the throes of heat were crowding for places at the fore. The advance had plainly been anticipated, for it began early. Thu weather reports and private reports received by brokers were warning signals. The terrific heat wave Sunday was regarded ns almost the limit for the crops. Reports Monday morning told of thousands of acres blistered. At present, it is said, not more than half a crop can he harvested on the average. In some States one-fourth is the more probable figure.