Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-06-10
MINING STOCKS.
PRODUCE.

Chicago, June 9.-The great pros
poets for next years which the crops
all over the world became the para
mount influence to-day and an early
advance, was more than wiped out.
July closed with a loss of ~ and Sep
TENDER 1ss@112c. Corn left off hc
higher. Oats are up A@7sc. Provis-
ions all showed adyances-pOrk 25c and
lard and ribs each 171ac.
The chief factors in wheat at the
start was the upward movement in Liv-
erpool and the continued rains in this
country. Some of the early cables from
Liverpool quoted July nearly 4c per
bushel higher with September also
stronger. This gave the bulls here con-
siderable encouragement and at the
same time caused shorts some alarm.
The rains in the winter wheat belt
continue, and as the harvest is near at
hand, traders began to fear wet har-
vest, so that shorts were inclined to
cover, and there was also some dispo-
sition to take the long side for turn.
On the other side Of the account were
the following fresh pieces of informa-
ton: The Kentucky State crop report
gave the condition of wheat at $104,
which was said to be the highest ever
recorded In Kentucky. Thoman's June
crop report gave conditions indicating
total crop of winter and spring wheat
of unprecedented magnitude, 775.0O0,-
600 bushels being the estimate from the
present outlook The market became
gradually heavy as the session progress
ed, the bearish feeling being encour-
aged by the prospective harvesting of
inn, o. co nd tho ~ r1U " n a
was lost Letter brokers were heavy
sellers OF September at the decline At
the present rate of shipment the con-
tract grade N store will soon he down to
les sthan 100000. This impaired a
good deal of strength to July The
local receipts were 40 cars against II
the same day last year. Minneapolis
and Duluth received 1877 cars against
221 year ago. The total receipts at
western primary markets were 1856, 600
bushels against 20S,000 bushels year
ago. Atlantic port exports OF wheat
and -four were equal to 100000 bush
els July opened A@1c higher at ssh
@S9c sold down to SS12c, up to soc,
declined steadily to Sic, then rallied to
STAG the closing price. September
started B@Ac higher at 76a4 @771sc,
sold up to 771sc, fell to 747sc, then rose
to 751s@751ac bid at the close.
The excessive rains in the corn belt
are raising serious apprehension con-
corning the outcome. That was the
chief factor in the corn market and
caused prices to rule strong in spite Of
the heaviness that developed In wheat.
Elevator people led the buying July
opened 1s@ssc higher at 321s @32asc.
sold up to 32A @325sc. declined to 800
32hc. then rose to 32Ac bid, the clos
ing price.
The strongest grain on the list was
oats. Sympathy with corn and unfav-
orable crop reports caused the advance
July started 1a@3sc up at 231ac, sold
up to 23s4 023Bc, then weakened to
23A C at the close
The selling pressure in provisions
were apparently relieved and there was
buying by packers who have been sell
ers here before this month. Hog pro-
ducts started brisk at a good advance
on yesterdays prices and in the last
half hour of the session added consid-
erably more July pork started 1Ac
higher at S10.3214, sold up to s1O.37s.
down to $1O.2O, advanced to S10b2h