Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-22

the worlds Visible, and northwest -
ceipts were heavy. Minneapolis and
Duluth reported 2,001 cars, compared
with 1886 last week and 1875 year
ago. Chicago receipts were 337 cars,
80 of contract grade. Expectations in
regard to large visible increase were
more than realized, the increase
amounting to 2,198,000 bushels. Liver
pool started lower, but by the time
trading here commenced the Liverpool
quotations showed an advance except
for December in which there still APP
peared a slight decline. The signs OF
weakness at the start instantly appear
ed a slight decline. The signs OF
weakness at the start instantly disap-
peared and the.market for an hour was
quite strong. December opened a
shade lower at 66Ac@66sc, and May
unchanged at 66@6sbc. Buying for
the long account and the moderate
amount of covering by shorts resulted
in a slow advance in May to $3.50 and
in December to 67@671sc. After that
advance prices fuctuated considerably
on scalping operations though within
a comparatively narrow range. About
II o'clock the market became firm.
Both Russian and Danubian shipments
showed a marked falling off, an in
crease in the worlds shipments being
altogether due to the heavy American
shipments and this fact encouraged
buyers. Strength which was shown by
the coarser grain markets also had
good deal of effect on trading. After
noon the market again quleted down
though prices were well maintained.
December was the most active option
and there were evidences OF consider
able outstanding short interest in that
future. At times there was extensive
selling of December by prominent ele-
yator people and prices yielded slightly
while that was going on, but lmme-
diately recovered. Primary recelptS
were heavy, the total being 2,l73,Ooo
bushels. New York reported moder-
ate foreign demand The Argentine
news was bearish, large crop beng
promised, though possibly late. To-
ward the close the market became very
strong. Reports that the Spanish COM
missioners had broken Off peace nego-
tiations drove shorts to cover ana
prices advanced, the best price or the
day prevailing at the close. December
closed at 673sc and May at $3.50.
Corn was active and higher, helped
by large shipments, 100000 bushels,
higher cables and bad weather in the
west. The outside trade showed
large increase while local interest was
much greater. Realizing was free at
times. but the general tendency OF
prices was upward and good ad-
vance was scored Receipts were $50
cars. May ranged from 34c to 34A2W
345ac. and closed nc higher at 341ac.
Oats were unusually active and
strong. The cash demand was excel
lent. Shorts were large buyers ana
there was an active general commits
sion trade. Offerings were small and
everything was quickly taken. De-
cember was specially strong and ad-
vanced &c. Receipts were 3l5 cars.
May ranged from 25$l @257sc to 261sc,
and closed at 1a@5sc higher at 26asc.
Provisions were only fairly active
but firm. The advance in corn and
oats was the chief influence, but there
was a good local and shipping demand.
Packers sold moderately. Trade show
ed a broadening tendency. At the
close January pork was 71ac higher at
500: January lard TIC higher at So.05,
and January ribs 5@71ac higher at
S465.
Estimated receipts Tuesday: Wheat,
354 cars; corn, 800 cars; oats, 225 cars;
hogs, $500 head.
1,bo Ia,6i,g futures ranged as follows: