Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-12-12
PRODUCE.

ruled firm and closed at an advance of
ssc for May and Zee for December. The
continued shipping out all rail OF wheat
delivered out on December contracts
and evidence of decrease of farmers
deliveries in the northwest made shorts
uneasy and caused a more active de-
mand. Corn and oats were firm with
out any noteworthy change in prices.
Provisions were strong and advanced
71201212c.
Inc opening in wheat was barely
steady, though at a slight advance over
yesterdays closing prices. Crop re-
ports from Argentine were again unfa-
vorable, advices from there stating that
wheat was being damaged by rains, but
this was offset IN measure by the ac-
ton of the Liverpool market, which
showed a closing decline of about Nd
The weakness of the foreign market
was rather unexpected and held buy
ing in check for a time. Besides the
Liverpool decline. bears had to con-
front them a very favorable State crop
report and very limited export de-
mand at the seaboard. Advices from
the northwest, however, were practi
cally unanimous in claiming that farm
to fall off sharply next week. That
there was some ground for the claims
was shown by Minneapolis and Duluth
reporting arrivals of 1874 cars to-day
compared with ,432 last week and 6S8
year ago. Chicago receipts were 1876
cars, eight of contract grade. Shorts
grew FESTIVE and covered extensively
Offerings were limited and a good deal
If avnarioncod in
ing large lines, the result being quite
a shary advance in prices during the
first hours trading. December showed
the most strength. The demand for
December wheat was very good from
the start, confirmation Of the reports
that contract wheat was being shipped
| out all rail almost as fast as delivered
revealing a situation that was not at
| all to the liking of shorts. Later in the
day the reports as to the Argentine
crop were contradicted, but any effect
this might have had was offset by re-
ports from California telling of high
! winds and dry weather, necessitating
a lot of replanting. Outside markets
were all strong and this also helped to
| maintain prices, which, however, did
not need much outside assistance. To-
! ward the close there was good deal
of realizing mostly from local traders
and the market eased off somewhat, but
showed steadineSS at the close. May
opened a shade higher at 65Mc ,ad-
vanced to 653sc and declined to 6515c,
where it closed.
Corn was dull but firm. The visible
decrease was small, only 100000 bush
els. Gables were unchanged and coun-
try advices suggested a freer move
ment, but the wheat strength served
to sustain prices. The cash demand
was restricted by the inability to pro-
cure cars. Receipts were 234 cars.
May ranged from 1875 @3334c to 34c,
and closed 1sc higher at 3Hsc.
In the main oats followed wheat and
corn and for most of the session ruled
firm and higher on a decidedly small
volume of business. Trading was al
most altogether of a scalping nature.
| The market eased off somewhat on
Mondays rather liberal estimates and
the favorable shipping weather. Re-
ceipts were 347 cars May ranged from
257sc to 261sc, and closed a shade
! higher at 2578026c.
There was a good trade in provisions
and prices from the start were higher.
! The conditions were practically the
same as for several days past. Hog re-
/ ccipts were liberal, but packers sold
/ reluctantly, and buyers, of which there
/ were plenty, had some difficulty in fill
ing their contracts. The weeks ship
ments of meats were liberal, encourag-
| ing buyers. There was also some COW
; ering by shorts, who did not like the
strength of grain At the close Nav
pork was 1212c higher at 1855: May
lard 712c higher at $53212, and May
| ribs 712010c higher at $4.S0@4.S212.
Estimated receipts Monday: Wheat,
| 80 cars; corn, 725 cars; oats, 445 cars;
hogs, $4,000 head
| The leading futures ranged as follows: