Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-02-03
PRODUCE.

chicago, FEBRUARY l.-OcalplnS Op-
eratiOns constituted most OF the trad
ing in all the grain markets to-day.
Wheat was strong early on rally at
Liverpool, but turned weak later under
the leadership OF the New York mar
ket and closed sc lower. Corn shows
Lice decline. Oats closed unchanged.
Provisions were very strong and ad-
vanced l00271ac with a good trade.
Traders in wheat were somewhat
puzzled at the start by the action Of
Liverpool. That market in spite OF
yesterdays advance here, opened
slightly lower and weak feeling on
the curb was noticeable in conse-
quence. Later cables coming in before
the opening here showed the decline
recovered and some advance besides
Rumors were also current of sale of
Of a big block Of Letter wheat, and
seaboard messages told of good cable
acceptances of wheat offered TO the
other side The feeling was rather di-
yided at the opening. May started at
from 95%4 @96c, the lower of the figures
being &c under yesterdays closing
price and with quite a few offerings at
that figure, though OF small lots But
there were vastly more buyers than
sellers, and few minutes after the
opening 96Mc was offered for May.
That price brought offerings in abund-
ance and the price fell first to 96c, then
after another short rally to 95Ac. That
price ruled for some time. Not only
was there realizing at the top, but
short selling as we'll. The publication
of Thoman's Crop Report giving 90.2
DC ON ora condition Gf hc
crop, indicating a crop Of fifteen bush
els to the acre, or total OF 400, 100000
bushels, though quite generally ridi-
cuied at first, had considerable effect
as the morning wore on. Outside of
this news was not important or of
much influence either way. North
west receipts were rather light, Mime
apolis and Duluth reporting 264 cars
against 275 last week, and 224 year
ago. Chicago receipts amounted to Al
ears. OF which two were of contract
grade. Primary market receipts were
37S, 900 bushels, against 205, coo bushels
year ago. The market grew quite
weak during the afternoon, prices had
in the meantime rallied on the receipt
Of strong closing continental cables,
May getting up to 96c again, but ad-
vices from New York showing break
in the February price on the small de-
liyeries on February contracts, and re-
ports Of free offerings of Pennsylvania,
MARYLAND and Ohio wheat to arrive
there. This started selling again in
this market and gradually carried the
may price down to 953sc. The closing
price was 95A G95$sc. The close was
barely steady
The corn market was firm at first
with wheat and on small receipts, and
was sustained for a while by a little
buying by shorts and against puts. .
The late weakness of wheat caused
some selling by professionals and
prices dropped off, market ruling easy
at the close. May ranged from % so
29c to 2S5s 02Ss4c. and closed shade
lower at 285s @2Sac.
Market for oats was very dull, the
little trading done being almost entire
" scalping nature. Early frmness
was induced by wheat, and when that
market declined oats followed. Prices
kept within a narrow range. May
ranged from Ease to 233sc, and closed
unchanged at 235sc. Provisions We're
the strongest market on the floor and
a fairly active trade was done. Re-