Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-03-12
MINING STOCKS.
PRODUCE.

CHICAGO. March n.-Wheat closed very
weak to-day at a decline of rs. Disap-
pointmept over the reception given 10 the
government figures on the crop report
made a weak opening. and the market
was pounded hard and persist5nuy all
day. Corn ard oats were surprisingly
strong corn closing unchanged and oats
showing only trifinS decline. PrONls-
ions closed 2i2d5c higher
Wheat opsned weak although at sub
Stantally Yesterdays closing price. The
wheat i'm farmers hanCs March l, was
trea ted by the trade AZ home ana abroad
with their usual contempt. for govern
mental agricultural statistics. Although
the quantity on the farm was estimated
a only IS. 0G0 600 bushels. the SPECTATORS
were free sellers OF May at the opening al
enough could he found to absorb tho Quau-
tity for sale il had declined 10 1924 ass.
I. The market then took on q better tone on
reported decline i'm Consols anu predic-
tons of a cold wave in the southwest
where such a thing following the rains
would do considerable damage. The buy
I ing that commenced proved sufficient 10
cause reaction to a. shade above as
OF the point the market closed a. ycster-
day. Then il turned weak rgaln. There
was no apparent reason for H. but liqu-
datiou on a large scale comm need and
continued for the rest of the session The
market Welded slowly for a while. but
when it once again gOt below &c for Nj ~.
II went humping down The One-stNtee nth
steps with good deal more rapidlty and
landed az ,SlsG 3lac, about 10 p. m.
Some Of the lines held by the thick and
thin bulls went into the raVcnOus maWs
Of the bears when the price turned under
&c. As far as domestic news was con-
Ccrned. IL was BEARS h. but not enough so
70 cause such 4 break. Chicago recelpls
were II cars. against - on tho corresponds
ing day or last wear. Minneapolis and Du-
luth reported 523 cars against $40 week
ago an $3.50 year ago. Now York report
cd 16 boat loads Of wheat sold FOR export
principally. May-JuHr shipments. About
5000 bushels were sold here to domestic
The market was under bsar control to
th= end. the broken hearted bulls having
ABANDONED hope. After long struggle
minutes Of the session 10 ~. T 1850. and (.
closed without rallyrS from tha,
Corn held up remarkably well IN great
contrast to It's action yesterday, prices
holding stUbborrly even when wheat was
iG an almost panicky condition. Trading
was only moderately active and traders
were encouraged by the small receipts and
large cle5rarc5s 70 accept all offerings.
CiearanceS were $1,000 bushels. Nay
opened n shade higher a. 2t4. sold be-
tween 2i'sQ342fs. closing steady at PISA
~.
opening. although prices were higher;
There was considerable pressure 90 sell
during the morning, but later better de-
mau6 sprang up and prices recoversd part
Of the small decline. The action o. corn
was O. st7adyins influence. May opened q
shade higher ~ ll.0li4, sold down to IL
ard closed AT 1ld11isc.
Provisions were firm ON comparatively
small trade. An opening advance due TO
the small hog receipts was lost during
The early weakness OF wheat. bu' both for
eign and domestic houses were good buy
5rs and tho d-cline was more than recov-
cred. prices closing close 10 the top. At
the close May pork was 30 higher ~ = -.
May lard about PFC higher az 81 l24i %,
- .-ff.-