Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-25

wheat had an easier start than might
have been expected December opened
unchanged at 68@681sc and May hc
lower at 67@671sc. That there was an
undercurrent of frmness, however, as
shown at once.
Covering by shorts and buying to in
crease long lines started at once and
though not at all heavy, the demand
was larger than the offerings and an
advance took place in both options,
December selling to 683sc and May to
CTS @671ac. Northwest receipts were
only 1928 cars, compared with 1,O39 last
week and 1852 year ago. Chicago re-
ceipts were 131 cars, only one OF con-
tract grade. This big falling off was
attributed altogether to the recent
storm. Liverpool as usual was FAC
tor but bear one, as the asd advance
which was chronicled there at the
opening of this market was falling
off from opening quotations and was
considered hardly a full response to
yesterdays advance here. The advance
brought out considerable long wheat
There was also increased liquidation on
account of the fairness of the New York
market and conflicting reports regard
ing the export demand. The result was
a slow decline in May to 667s @68c and
in December to A@677sc. For some
time after the market was narrow
one. A disposition was shown to even
up over the holiday and the varying
moods of traders caused frequent
though moderate changes in value.
About 80 the market firmed up
again. Seaboard reports claiming mod
crate acceptances of cabled orders,
proved correct, New York reporting
about SIS loads taken for export. This
was afterward increased to seventy
loads. Sales here for export amounted
to 100000 bushels. Minneapolis re-
ported large -four sales for export. The
near approach of the close of navlga-
ton appeared to be in the minds OF
foreign buyers. Liverpool quotations
came stronger at the close, showing
1ad advance for December and 7sd for
March. Late in the session the mar
ket turned weak again. The weaker
kneed holders of wheat were <ppar-
entity unwilling to remain long over
the holiday and put their wheat on the
market. There not being any special
demand, prices were forced on rather
easily and closing prices were about
the lowest of the day. December closed
5000 lower at 671A@6715c and May
h05sc lower at 665sc.
In a general way corn followed
wheat, although there were independ-
ent features influencing the market.
New York reported a very active de-
mand at the seaboard with large sales
for export. Sales for shipment here
were fair also. This caused an advance
in prices early. The cold weather was
a big bear influence, traders figuring it
would improve the grading OF new
corn. Toward the close the market
broke sharply on heavy selling by lead
ing longs and closed weak. Receipts
were light. 20 cars. Gables were firm
and higher. May ranged from 343sc
to 35c and closed 1a@5sc lower at
343sc
Oats were weak and lower. The mar
ket lacked the support which has been
the feature of late and rather free sell
ing by local longs resulted in mater
ial decline in prices. sympathy with
wheat and corn was the factor. Re-
CENTS were light, 1872 cars, and there
was a good cash and export demand.
Nav ranged from 26Ac to 267ac and
closed shN12c lower at 26M 026asc.
Provisions were fairly active. The
market was firm early when grain mar
kets showed strength, but when they
broke the provision market followed
the decline. Packers were free sellers.
At the close January pork was TIC
lower at S915: January lard Sc lower
at S5.05 and January ribs 21A05c low
er at S4.671&.
Estimated receipts tomorrow:
Wheat 145 cars: corn 200 cars; oats
ITS cars; hogs 10000 head.
The leading futures ranged as follows: