Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-08-18
PRODUCE.

CHICAGO. August 1.-THE fever which
was raging all Saturday in the wheat PIT
was as much as ordinary human con-
situations could stand, and although the
fluctuations to-day were even wilder, the
excitement was no greater than on the
closing day of last week. The usual news
which influences the momentary nuctua-
tions were UNDECIDED, and the crowd merely
bought or sold according to the Impulse
communicated by disappearing margins.
All the customers of commission houses
who had trades open were called heavily
for margins, and much of the trade or the
first half-hour of the session was In the
way of closing up as best it could be done,
such of their business as hao
not been sufficiently protected by
margins. The wildness OF the
first hours transactions can be judged by
the range of the price of December wheat
during that time There was one simul,
taneous Jump for it at the starting signal
at from 81 90 to $1.12 for December aad IL
went higher, and some impetuous spirits
even made trades at $1.14A before the ad-
vancing tendency was checked. Suddenly
there was a change, New York houses be-
gan selling heavily and Berlin was quoted
n cent lower. The decline which followed
was almost as rapid and accompanied oy
ABOUT as sensational features as was the
preceding advance. 1t tumbled like huge
boulder down the side of moutain until IT
struck 81 .05, and after rebound TO SLO',
the operators became apparently equally
exhausted, and long interval OF quiet Ioi-
lowed the fierce struggle Whlcn
took place during the first nour.
Nobody had defaulted at the Clearing
House settlement, which removed LOAD
from the overstrained commission men and
gave them time to look about them and see
where they stood. AL OF this occurred be
fore IL o'clock, or in the first hour and
half of the session. Thereafter, while the
tendency was downward, IL was at more
deliberate pace By half-past 10 o'clock
the price of December had gone down to
81 03, and closed unsettled at 81 02%al O3,
agai nst 81 06 at the close on Saturday,
after having covered the phenomenally
wide range of 11all16c during the day.
During the excitement IN early trading
nothing less in margins than 10c per
bushel would be accepted by brokers, and
this fact was a material element in the ex-
element The corn market was q good
second TO wheat in the amount Of excite
ment in the pit, and the violence Of its
fluctuations, like the superior article, 1t
had its exciting bulge and inglorious col
lapse. In rye there was &c tiuctuation
in the price of the September future Oats,
like everything else was greatly excited at
the opening. The market closed slightly
above bottom figures. Hog products active
and higher at theopening, became feyerish,
reacted, and closed 20a3Oc lower than on
Saturday. Flour. inactive. Wheat, cash
No spring 81 02a1 025S: No. spring
81 OIL; No. red 81 02a1 OK; August
81 02a1 03, closing at 81 Of; September
81 OO%a1 IL, closing at 81 OOsl; December
81 02Xa1 III, closing at 81 02Xa1 Oh.
Corn, cash No. 2 6Ss+c; August 651Oc.
closing at 66slc; September 63a69c, closing
at 635Sc; October 5S55Sa6S1<c, closing at
$3.50. Oats, cash No. 29a29llc; August
29s30JSc, closing at 291sc; September 291sa
30Jsc, closing at 29Jzc: May 32lla35xc,
seed. at 81 o.. Timothy Seed, at 81 %.
Mess Pork, cash 90 95al0 CO.; September
80 75al0 60, closing at SO %; October 50 921<
a10 So closing at $40 10; January $l2 95a
Is 80, closing at Sl2 95. Lard, cash So 57f !;
September 81 5Oa6 55,' closing at g 90;
October g e21Sa6 S., closing at S. 80;
January 81 071Sa7 Is, closing at 81 or.
Bulk Meats, short ribs, s. 60a6 Go; Sep
TENDER s. 57j5a6 NJ, closing at s. 621S I;
October S. 70a6 9251S, closing at s. 80; Janu-
airy s. S5a1 Oh, closing at 6 90; shoulders
s. lOa6 20; short clear 81 25a7 80, Others
unchanged. Receipts-Flour, IA 200 bar
rels; wheat, ESQ., COO bushels; corn, SIC, 900
bushels; oats, 2O5, 900 bushels; rye, $4,000
bushels; barley, $4,000 bushels. Shipments
Flour, 1900 barrels; wheat, S04, 900
bushels; corn, pol 900 bushels; oats, 304, 900
bushels; rye. 1000 bushels; barley, $4,000
bushels.
NEW YORK, August 17.-Flour, receipts
1900 packages; exports, 800; market I'M
settled, active; sales 49, 900 barrels. Whest
receipts, Gal, 900 bushels; exports a.
600 bushels; sales, 20,640, 900 bushels fu-
lures; and lis, 900 bushels spot; spot market
unsettled; ungraded red q 0ea1 90: No 2
Chicago 81 II; options active, feverish
and unsettled No. . red August 81 liz
al IA; closing at 81 LIZ. September,