Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-12-18
PRODUCE.

Chicago, December 17.-There was
what might be termed a natural reac-
ton in wheat to-day from the advance
yesterday, May closing 1ac lower and
December 1c lower. Big seaboard
clearances sustained the market for a
while Other markets were easier.
Corn and oats declined about 1sc each
and provisions closed 5@71ac lower.
1t was the dullest wheat market for
week. Prices opened shade easier
because of the heavy snowfall and the
failure Of Liverpool to respond to the
advance here yesterday. May started
A@Hc lower, at 92c, with one or two
sales Immediately after at 9l7s 092c.
Trade was excessively narrow and
few covering orders which came in
shortly after were sufficient to cause
an advance to 922sc, but this little de-
mand satisfied prices sank again to 90
0921Ac. 1t was prevented from going
lower during the forenoon by some
help from the bull clique, presumably
caused by the enormous clearances
from Atlantic and Gulf ports which,
including $4,000 barrels of flour from
Newport News, amount to 1886
bushels This is much the heaviest
aggregate for enc day in the past two
weeks. Northwest receipts were fairly
liberal The number Of cars received
to-day at Minneapolis and Duluth was
635, against 62S last Friday, and 1863
the corresponding day Of 1895. Chi
cago receipts were 2I9 cars, compared
with 43 year ago, and SO, 100 bushels
and lis car loads CT No. 1 Northern
spring were transferred from unlicens-
ed to regular houses.
Liverpool opaaed sd higher than it
closed yesterday, but had lost but 18d
of that before the session commenced
here. Later it lost the last I'D of its
early gain. Paris was firm and noted
aavices of 40 centimes in flour and
from Is centimes rise in near deliver
les of wheat to 5 confines for the
March-May term. Liverpool accept
ances from abroad Of wheat offers
cabled from the seabosrd yesterday
were reported and near the end Of the
session here the quantity taken was
reported to be q boat loads
A general desire to lose scalping lines
of long wheat characterized the trading
in the last half hour, and prices broke
fresh ground on the underside Of the
previous lowest limit of the range.
This was all there was in the closing
decline, which dragged May down to
915sc. and closed it at 9158 091%c.
December was very sparingly traded
in at $1.O1 chiefly but at the close it
was quoted at 991Ac. The elevator
people delivered after change not less
than 100000 bushels, and possibly
| l 500 600 bushels Of wheat on December
contracts. Most Of it came from Ar
, mour & Co.
Corn during the morning was quite
active and prices were firm under the
! demand. Elevator people took no part
| in the selling. indicating small country
| offerings. Clearances were large, l.
| $4,000 bushels, which helped. Later
| in the day interest died away greatly
| and the selling pressure increasing
| when wheat turned downward. the
market became weak. May ranged
from 29N c to 2S7sQ29 closing 180Ac
lower at 29c.
| Oats were irregular. December was
steady all day and closed at slight
advance helped by the steady cash mar
ket. There was an inclination to real
| ize on long lines in May. and this. with
some short selling pressure. produced
the weakness. Offerings were fairly
| well absorbed and the decline was
small May ranged from 223ac to
229sc, and closed 1sc lower at 22$sc.
Provisions were not so active to-day.
There was some firmpess shown early
in hog prices, but q decline followed On
selling by packers principally. Com
mission houses did the best buying.
At the close May pork was 712c lower
at S8.771a; May lard sc lower at S4.671a,
ard May ribs 5@712c lower at s4.47A
| @4.50.
| Estimated receipts Saturday: Wheat
! 250 cars: corn, 220 cars; cats, 221 cars;
hogs, $4,000 head.
| Associated Press Quotations:
| The leading futures ranged as follows:
! Articles. open High Low. Close