Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-07-30
PRODUCE.

Cash wheat. July. closed at ff6lsc.t
CHICAGO. July 29.-Markets were gem
orally strong on the Board OF Trade to-
day. Wheat opened buoyant and after an
Intervening weak spell closed 1hc higher.
Corn gained sac and oats &c. Provisions
wer fairly active and higher Pork gain
ed 1912. lard 10 and ribs &c.
Liverpool opened steady this morning in
the face of Chicago's decline the day be-
fore That with a continuation of firm
ness at Paris and the large export pur-
chases at New York yesterday swept
away the bearishness that had overcast
the last hour of the previous session Sep
TENDER opened at from 73AQ$sc. a rise Of
about 1c per bushel. A good deal was Of
fered at the advance for a minute or two,
but when about five minutes from the
start the price touched SIC, sellers be-
came scarce at once and the price was
rushed to 7312c. A cablegram from Paris
estimated that France would nave 10 I'M
port 100 coo bushels of wheat this year:
New York message was TO the eHect
that export takings of wheat yesterday
would amount to 1,OG0.0O0 there and 2OO OOo
bushels at outports meaning probably for
various dates of shipment this fall. sa e
of 10000 bushels OF No. Kansas hard
wheat for export was also made mere yes
terday afternoon. All those matters De
came known shortly after the opening,
and. taken altogether, appear quite sum
cient to explain the strength OF the early
trading. Chicago receipts were Iiz cars
of which 116 were new. The Minneapolis
81 the year before. The total receipts a I
primary markets were $4,000 bushels, COM
pared with $4,000 bushels last year. Tne
excess of the primary markets receipts
are not very great considering the esu-
mated much larger crop this year, but
such preponderance as there Is this sea-
son is all the bears have to sell wheat on.
What good use they can make OF poor
weapon was seen in the decline which oc-
CURED about an hour and a half from the
start. The price of September dropped at
that period of the session 10 iZ9sc, ana
July. which sold as high as nc, fell 10
7%c The market was steadied at the DE-
cline by New York kilograms saying .
boat loads offered to the continent had
been accepted. 81. Louls wlcu - 49,
same effect an export house there report
ing all accepted they had offered to the
continent. Reports from the northwest
are more hopeful about spring wheat
prospects. A message from North Dakota
said the water on the fields was fast dis
appearing and the wheat prospects inn
proving. The Price Current estimated the
spring wheat crop at 229.0D,WO bushels
and the winter al S25.00O.000 bushels, maxi
ing ato;al of $50 600 900 bushels.
New York increased the quantity taken
for export to 60 boat loads. The buying
fever broke out afresh and the high price
of the session was paid near the close, An
advance of &c at ST. Louis and very bull
talked of during the closing. spurt. Sep
TENDER opened &c higher at i3Ac. sold at
73lSc, o ffto 72Ssc. rallied slowly 10 I5r4c,
closing at 1850 bid
Corn opened firm with wheat. but there
was an undercurrent Of confidence in pres
ent prices quite independent of the wheat
market The crop is not making satisfac-
tory progress at some important growing
sections. and il is from those places that
the kilograms referring to the progress OF
the crop principally came. The Price Cur
rent reported the general prospect iln-
changed since a week ago. OF the Kan
sas crop taken as a whole some well in