Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-09
PRODUCE.

Chicago, August 8.-Reasizing sales
On expected increase in the crop move
ment gave wheat a set back to-day.
September closed 11s@1asc lower, and
December 1@11sc. Corn gained 1sc,
oats lest &c, pork declined 121ac, lard
I've ard ribs 71s@10c
Higher Liverpool cables and small
| receipts started September wheat 1ac
above the price it closed Saturday. Sell
ers at the advance ere so numerous,
however, that the buying orders in the
market at the time were Immediately
filled. Offerings still continued in such
Esavy volume after this demand was
satisfied that quick decline set in,
knocking 1c buEael off the opening
figures. The change from seeming
strength at the opening to its succeed
ing weakness was due to selling of long
wheat by heavy traders who anticipat-
ed a ffeer movement in the near future
from first hands.
They knew that if they waited for its
realization it would probably be impos-
sibla to dispose of their holdings at
any such prices. Among the reasons
fer continued weakness were heavy es-
timated receipts for tomorrow and
some crops reports of bearish char
acter. The shipping demand here was
even mere urgent than at any time
during the previous weeks advancing
market. AS high as &c premium over
the September price was paid for one
lot Of No. red and plenty more could
have been disposed of at the same pre-
MUM, but for holders advancing their
views to TIC. Minneapolis and Du
luth received 1873 cars against 1872 a
were equal in wheat and flour to $685.
coo bushels. September opened 1ac
higher at 6S3s @681ac, sold up to 6S5sc,
fell off to 6612@665sc, and closed at
665sc bid. December began A@ssc
up at 661a @66Ac, rose to &c, and de-
c-ined to 6514c bid at the close
Ample rains Saturday and Sunday
started corn weak to-day. The decline
was only temporary, however, as re-
ports Of crop prospects were far from
giving assurance OF a satisfactory yield.
From Kansas the news was OF a ludri
cous character and Shows report made
the present condition of the seven sur
piusing producing States rs compared
with SO month ago. Chicago receipts
were $50 cars, with $40 estimated for
tomorrow. Increased movement indi-
Gated by the latter figures was a pre-
tentative Of too much enthusiasm on
the bull ide. September opened I'M
changed to 1sc lower at from 331sc to
33c, declined to- 325sc, recovered to
33A @333sc, and closed with sellers at
33Ac.
Reports of rust and blight had bril-
liant effect in oats for a time, but this
feeling were off as wheat continued to
grow lower. The large estimates for
tomorrow caused All easy feeling. Sep
TENDER began unchanged to nc higher
at 211s@211Ac, down to pose, advanced
to 211sc and closed at &c.
Provisions, like wheat, declined in
spite CT bullish surroundings. Receipts
Of hogs were small and prices at the
yards were higher. Owing to lack Of
demand, however prices sagged off ra-
piGly on some scattered selling. Sep
te,nber pork opened 2i2c higher at
$9.G21a: declined to $S,75, then frmed
up TO $8.S71a asked at the close. Sep
TENDER lard started 21a05c up at $5.35
@5.371a, Sold up to s5.22A 05,25 and
closed at S5.25. September ribs began
unchanged at $5.221a, weakened to
S5.121a ard closed at $5.15.
Estimated receipts for tomorrow:
Wheat, 420 cars; corn, 1850 cars;
cats, 425 cars; hogs, $4,000 head.
The leading futures ranged az follows: