Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-04-26
MINING STOCKS.
PRODUCE.

NHicdSO, Lprll 25.-An extraordinary
and almost uninterrupted rise took
place to-day on the Board of Trade in
the values of grain and provisions.
May wheat closed 5%c higher than
Saturday; July gained 33sc: corn and
oats l4c; pork 45c per barrel; lard and
ribs 10 and 121bc each.
Sensational advances in foreign and
outside domestic markets, a decrease
OF over three million bushels in the
American visible wheat supply and
small worlds shipments caused the up
turn III wheat which all other markets
followed.
Although Liverpool opening cables
to-day quoted wheat at sac a bushel
advance, this market displayed a halt
ing tendency after the first rush of
trading, and throughout the session
gave evidence of heavy liquidation OF
hard spots. While in the first half
hour Of the session Liverpool had risen
the equivalent of three-quarters Of a
cent bushel, New York 21ac, Minnesp-
oils and Duluth sc, Chicago in the same
time was only up &c English country
markets showed a gain of TIC bush
Ell since Friday last and Mark Lane
(LOndOn) of &c. while Berlin was QUO
ted 212c bushel higher than Satur-
day. Liverpool continued to climb IN
til at the close futures showed a gain
OF from 81 to SIC per bushel Du-
luth and Minneapolis added to the
bears torments by reaching a point
sac above Saturdays close This mar
ket finally got started~and from around
Gle rapidly climbed to 93c. May,
which had started only one cent high
er at 81 Is, suddenly jumped one and
two cents between trades to 81 20, the
highest price in several years Chicago
receipts We're 141 cars against 153 last
year. Minneapolis and Duluth receiv-
ed 429 cars against 500 the previous
year. Chicago received SO cars con-
tract The Atlantic port clearances of
wheat and -four for the day amounted
to 100000 bushels. The worlds ship
ments to Europe last week were Z 1928,
eco bushels against 9,052000 bushels
the week before, and 3.S23000 bushels
the corresponding week of 1897. Rus
STA supplied 1,SCS,00 bushels of the
total compared with 3,240, 600 bushels
the week of the year before. The quiet
amount on ocean passage was reduced
8S0,0C0 bushels last week. The dOmes-
tic visible surprised the trade by show
ing a decrease of 3.240,0 coo against q
reduction for the same week of last
year of only 1856 bushels. The
heaviest decreases were at Chicago,
Minneapolis, Duluth, and New York.
May dropped back to 81 II, but rallied
to 81 20, closing at 81 1874 sellers, a
net gain of 5$4c. After the advance in
July to 93c, the market became very
feverish, selling off to 92c. up to 931sc,
down to 92Ac then up to 92&c, closing
at 921@c. Tive minutes after the clos
ing 931a was paid on the curb for July.
Corn was active and strong through
out the session Sales for export of
about 100000, an advance at Liver
pool of 115@2Ac. Mark Lane Uon-
dom were the chief factors. The WISH
BILE supply decreased 1858, coo bushels;
on ocean passage decreased 2,480 600
bushels. July opened A@3sc higher at
321ac, advanced on heavy trading to
345sc. The close at 341ac bid was
net gain of NC Local receipts We're
443 cars. Scarcity of offerings in oats
advances abroad and the strength of
wheat and corn helped the oat mar
ket early and contributed to an adj
vance of 17sc in May and ! &c in July
The visible supply decreased 971 600
bushels. Local receipts were $50 cars.
July opened 1s@Ac higher at 24ssc adj
vanced to 253sc, closing at 25 A125ssc
bid
Provisions were strong and active.
War news and heavy outside specula-
tive buying were the chief factors
packers bought sparingly. Liverpool
was UP 6s to Is on bacon against rise
of Is Cd On Saturday. July pork sold
between 81 10 and 81 A. closing with
a net gain of 45c at 81 As. July lard
ranged from s. 621a@5 771a, closed at
S. 1905 721a, net gain Of 121ac. July
ribs sold at s. 5005 671s, closing at
S. so, net gain of 10c.
Estimated receipts tomorrow: Wheat
100 cars; corn 625 cars; oats 500 cars;
hogs $4,000 head.