WHEAT UP.
SEYEN CENTS ADVANCE IN CHICAGO. SPECULATOR PATTEN. • AFTER ANOTHER HALF-MILLION. (By Telegraph.—l'rcsa Association — Copyrieht) (Rca July 15, 8 50 p.m.) NOW; York, July 15. A sensational advanco of 7 cents in the prico of July wHoat in the Chicago market caused a stampede among the "shorts," who are alarmed by the dolay in harvesting operations duo to rains in tho west and south-west. • CHICAGO GAMBLING. (Rec.July 15, 10.40 p m.) Üb'» York, July 15. Mr. Patten, the wheat speculator, controls the supply of July wheat available for im-1 mediate' delivery,' aggregating five million bushels. Tho pnee is 127 cents, and hp hopes to .force it to 150 cents, and thus make half a million sterling profit. LONDON MARKET. London, July 14. Tho American visible supply of wheat is estimated at 14,699,000 bushels. *■ (Rec. 1 July 15, 11.40 p.m.) London, July 15. An Australian cargo sold at 455. lsd.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19090716.2.16
Bibliographic details
Dominion, Volume 2, Issue 561, 16 July 1909, Page 5
Word Count
150WHEAT UP. Dominion, Volume 2, Issue 561, 16 July 1909, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in