Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-05-27

ing impulse in check and az c conse-
ouence the business was light in VOL
ume. Letter took hold of lhe buying
side at the start, more especially Of
May and July bidding, the former up
to SITS and the latter to Az. This
made the shorts in Septem er and De-
cember somewhat fearful THAT the prices
for those months might advance in
sympathy, and there was an effort to
cover, which sent September up to soc.
Later, however, the buying operations
of Letter were perceptiblt lessened and
the loss of this support and the urfa-
vorable cables the market turned weak
and the bears began to show courage
and acted on their convictions. The
market near the close Of the session
became very heavy from old crop fut-
ures. Letter continued to hold May
and June July, however, got SO much
too heavy for the lifting power which
he exerted in its favor, or so slippery
in the end from the melting around it
of September and December prices that
it went down in the melee. Texas was
said to be offering ncw wheat quite
freely for early June shipment. The
great overshadowing fact kept in mind
crop prospects of the world and more
especially east of the Rockies in the
United States and Canada, otherwise
sentiment would apparently have been
all that the most ardent bull could have
desired.
The receipts at Minneapolis and Du-
luth were only 36S cars against 404
a year ago and as the price of cash
wheat in those markets to-day was from
s1.55 to S1.5S, 1t is evident that wheat
in first hands in the northwest is about
exhausted. In fact the large part Of
Minneapolis receipts are now said to
come from the southwest. Chicago re-
ceipts were PIG cars, 141 Of which were
contract. The receipts year ago were
four cars. Exports from the Atlantic
seaports were equal in wheat and flour
to 541 600 bushels. July opened Il q
nc higher at s1.13h, sold up rapidly
to $1.14A. declined to $1.G91a, and raj
lied to $1.10 asked at the close. Sep
TENDER started Zee lower at S7B @S8c,
advanced to S9c, sold Off to $3.50 and
rose to S6A @S6ssc the closing figure.
May ranged between s1.70@1.75.
Bull support steadied corn for a
while, but this was offset by lack of
spring demand and the general disbe-
lief in the theory that the chances for
the next crop have as yet been jeop-
ardized to any extent by backward
weather. The break in wheat <lso car
ried corn down. Receipts 678 cars.
July opened H@3sc lower at 33B034c
sold up to 34A @343sc, then back to
33c and up to 33M@33Ac at the close.
There was good cash demand in
oats to-day and prices ruled higher
until the break in corn. Receipts 2S6
cars. July opened &c lower at 24A q
24Bc, advanced steadily to 255sc, then
fell off to 2412c at the close.
Early in the session provisions were
firm and at times decidedly strong.
They finally yielded some with grain
Lard was firmer comparatively than
pork or ribs. The crowd thought that
there was Armor buying and Cudahy
selling Hogs are sc higher. July pork
opened 12R@15c higher at $1195G
1877. advanced rapidly to $1205, drop
ped to S11.72, then rose to SLIT bid
at the close. July lard began 7@10c
better at $3.50, advanced to S632, fell
back to $500, and at the close was
quoted at 1922. July ribs were &c UP
at the opening at S5.97, rose to $500
and declined to $780, the final quota
| ton.
Estimated receipts for tomorrow
| Wheat, SEQ cars; corn, 11,100 bushels;
oats, Ais cars; hogs, $4,000 head.
| The leading futures ranged as follows:
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