Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-05-26
MINING STOCKS.
PRODUCE.

Chicago, Lay 25.-PrOflt taking by
shorts, better Liverpool cables and the
assumption that fireworks were prob
able in the May DEAL caused a rally in
wheat to-day. July gained 2%c and
September 11sc Corn is 1sc higher
and oats show an improvement of 40
sc. In provisions, pork shows a loss
of sc and ribs 21Ac. Lard is up 2@5c.
There was some recovery in wheat
to-day from the depression and weak
ness which ruled yesterday. The Llv-
erpool cables came higher, which was
quite unexpected in view OF our re-
cent weakness, and suggested the IDEA
of manipulation, especially as the con-
tinental markets were all lower
Trade was dull, but the late bearish
news and the bearish statistics seemed
to have been partly forgotten and there
was a good deal OF profit taking. An
other reason for strength was the
nervous feeling over May and lthe
general expectation that Letter was
sure to put the price OF that month
materially higher. The inference was
that all the futures would be Dulllshly
affected by the excitement, and hlgh
prices in May, and this, with the
higher prices abroad, started sholts
TO cover and added somewhat TO the
advancement There was an effort TO
nut more vigor and strength into July,
and the effort was in a measure sue
cessful, being helped by the general
expectation of bull manipulation by the
party in control of May and June. Inc
weather was much cooler, but quite
favorable for growing wheat. Liver
nool cables were I'D lower Chicago
got 23G cars against seven last year,
and of to-day's number 164 were con-
tract. Minneapolis and Duluth re-
ceipts were moderate, 1913 car loads.
The Atlantic port clearances OF wheat
and flour were equal to $4,000 bushels,
and primary receipts were $4,000 bush
els against $4,000 bushels the similar
dav of last year. July opened RW3c
higher at $110@1.121A, sold off to
s1,O9%, up to S1.11A, back to Sill,
then rallied to s112A at the close.
September began 5sc higher at S71s@
CSC rose to SSHc, fell back to STAG,
and advanced to $685. @SS1ac, the final
quotation. May ranged between $1.57
and $1.7O, thelatter the closing inquire.
At the opening corn was hrm put
lost for time inc slhfti eu 'Ihoo ~
started with, and near the close re-
covered it. Both periods OF tirmness
were caused by the strength in wheat:
Receipts were TAT cars. July opened
MmHc better at 34A @34$sc, sold
down to 33ss@33Ac, and advanced
again to SAGE asked at the close.
Covering by shorts helped oats to-day.
Receipts were 22S cars. July opened
hc higher at 24s4c, advanced to 24@
G25c. declined to 2412c, and rallied at
the close to 247s @25c.
The firmest speculative article in pro-
visions to-day was lard. There was a
good deal of commission house selling
of porS and some of it was on stop loss
orders. Hogs are eff 10@15c. July
pork opened 7h@10c lower at sl1.I7@
11.sO. sold up to s11.S5. fell off to
s11.57. then advanced to $11.S2 at the
close. July lard started sc lower at
s6.121b, advanced to 1922, declined to
$50 and firmed up to s6.2O06.221s'
the closing price. July ribs opened &c
lower at s5a5, sold up to s5.95G5.s7'
Wheat, 217 cars; corn. $40 cars
oats, $40 cars; ho3A 5000 head.