Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-12-07

LAO last week and .o4S year ago.
Chicago receipts we're 257 cars. AFTER
the market had dipped to S6Ac, howev-
er, there was quick rally on covering
by shorts and the market went TO S91sc
without much effort. It has been ex-
pected that in case OF a break below BIC
big line of long stun would come out,
but in this the crowd was disappointed.
The visible showed larger increase
than expected, aggregating 1,1S9,OOO
bushels, bringing the total stocks to
34,845, goo. A year ago they were 56,-
$4,000 bushels. But SO firm was the
market that even the excessive increase
fell fat in 80 far as affecting prices
was concerned. The arrival here OF
284,O00 bushels by lake from Duluth,
PSI cars by rail and the re-inspection
Of 70 cars from private to pubic ele-
yators, all of contract grades, did not
dampen the ardor of the buying. The
amount on passage increased $500
bushels, bringing the amount to 3d.
900, 900 bushels A year ago it was 81
$50 900 bushels. At IL o'clock May had
sold as high as $3.50, the market being
helped a great deal by rallies at New
York and ST. Louis. The market held
very steady at this price foS>some time,
became suddenly weak and dropped to
883zc. This was due to the Orange
Judd Farmer" report, which gave the
area of winter wheat sown as Ia per
cent larger than the crop harvested in
1897, although the condition of the plant
was put at only "a per cent There was
an endeavor on the part of early buyers
to realize on their purchases, but lack
of supporting orders either from outside
or in rendered this difficult, and the
decline from S8s4c resulted. just at
the close an effort was made to buy
some December, but 96c had to be paid,
a cent above Saturdays close. May
closed nervous at 887sc.
There was not much done in corn.
The market opened shade lower with
wheat, but became steady after fur
Their slight decline and held well
throughout the session, notwithstand-
ing the break in wheat, closing at near
ly the top price Of the day The trade
was almost entirely professional. Re
ceipts were 394 cars. Liverpool was
A@Ad lower. The large out-inspec-
ton, 1,256,000 bushels, and liberal ship
ments, S04 900 bushels, had strength
ening tendency. May ranged from 2S5s
to 2SA @283sc, and lcosed at 287ac.
Market for oats was very narrow
one, with small offerings and equally
restricted demand. The market was
weak early in the day, following the
course Of wheat, but soon steadied. AS
in corn trade was almost altogether
professional. Receipts were $40 cars.
The visible supply showed an increase
of POI, 900 bushels, and local stock in
creased $4,000 bushels. May ranged
from 22@221sc to 21Bc, closing un-
changed at 22@22Kc.
Provisions ruled stronger and higher
on moderate amount of business. Re
ceipts of hogs were 5000 less than ex-
port, and the market was Influenced by
that principally. Shorts were a little
anxious about outstanding contracts
and purchased to some extent. Part of
the advance was lost on selling by Cud-
ahy's brokers', but the close was steady.
January pork sc higher at $8.32R; jan
uary lard 21ac higher at $3.50, and jan
uary ribs 21ac higher at $4.25.
Estimated receipts Tuesday: Wheat
270 cars; corn, $40 cars; oats, $50 cars
hogs, $4,000 head.
The leading futures ranged as follows:
Associated Press Quotations.