Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-03-04
MINING STOCKS.
PRODUCE.

CnlcagO, March Sit was an lfreg-
ular market in wheat to-day. July
was strong though dull, and closed at
an advance of Nc. Reports that Spain
had reduced the duty on grain and
ordering to the continent of California
cargoes afloat We're factors. May was
strong for a time, but selling by in
terests who have been disposing OF 1t
for two weeks ultimately had its eff
feet, the close showing Bc decline.
Corn and oats were dull but strong,
and closed A@$sc ana so Zee higher
respectively Provisions were also
firm and advanced 106221ac.
Wheat started with a decided up
turn in July, that option opening 10
&c higher at 911a@913zc. The bull
ishness of yesterdays close was ap-
parently still prevailing and enough
of the early news favored buyers to
give the market at the start a firm
tone. Northwest receipts were mOder-
ate, Minneapolis and Duluth reporting
273 cars, against 264 last week and 81
year ago, and Chicago receipts were
II cars, of which p were of contract
grade. The Price Current said the
condition OF winter wheat was some
what prejudiced in a limited portion
of its area
The advance, however, induced lot
Of selling and influenced by some bear
ish news the whole trade for time
favored the selling side For half an
hour or so there was considerable
pressure put on, the price of July
dropping to Gle under the liquidation
and May which had opened CSC lower
i +; OF 10
ping to $10534 Liverpool was weak
and showed Ad decline. California
reported crop prospects excellent af-
ter the recent rains there and primary
receipts were heavy at 100000 bushels.
About an hour after the opening the
market again turned. A little support
in July by the most prominent bull in
terest brought shorts into the market
with moderate buying orders. Re-
ports from New York that half the
California cargoas ahoat have been or
dered to the continent also caused
some buying and a general improve
ment in values ensued, July adyanc-
ing to else and May to $1.06A. After
IL o'clock the trade quoted down a
great deal There was general
Stacking of the buying demand and
prices slowly dropped Reports that
the President had been informally adj
vised that the Maine explosion was
from without created additional I'M
easiness around the noon hour May
especially showed weakness. Selling
of that option by a firm which has sold
heavily for two weeks was again
prominent all day and made that end
of the market rather loggy toward the
close of the session. After midday,
however, July again showed some
snap. 1t had in the meantime de-
clined to 91Nc, but under brisk COW
ering demand, and some outside buy
ing, prices We're sent up to 91Nc. Near
the close realizing mostly by profess
SIGNALS became TOO heavy for the dull
market 10 stand up under and a grad
ual decline took place, July finally
getting back to 91i4c. where it closed.
May slid off to S1.06 and closed at that
figure.
Corn was strong though not espec-
tally active. Offerings were very
scarce and shorts had some difficulty
in covering, resulting in good ad-
vance in prices On little reaction,
the top figures, the buying became
quite general, outside support being
given the market and the close was
strong. Shorts and local professional
bulls were the best buyers commits
sion houses doing most Of the selling.
May ranged from 3034c to 30Ac, and
closed 4@$sc higher at Bose.
Market for oats was fairly active
and a good deal Of strength was
shown. Strength Of corn and wheat
induced some buying by shorts and
with light offerings prices advanced
easily. Elevator people were good
BUYERS. May ranged from 27c to 26ss
aisle, and closed 3s614c higher at
267sc.
Provisions were very strong though
trade was rather dull. firm hog
market started prices higher and UNI
der good buying by shorts and outside
people. the market advanced steadily.
The demand became quite urgent near
the close. May pork closed at 2212c
higher at s10.671a; May lard l242c
higher at S.. 80, and May ribs 10c high
er at $52712.
Estimated receipts Friday wheat
So cars: corn, SIS cars; oats, $50 cars;
hogs. $4,000 head
Associated Press Quotations.l
The leading futures ranged as follows;
articles. open High Low. CLOSE
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