Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-12-24

pr. Wntk side over the
Sc ana oats sdyancsd Nc;
al n tra,',, follcwi<1
sab aa1ns wasE The
ing Inciauonmen SO slow as
- tne s,,ccs asrpai traA Of specula-
uon s Dy dae q and Iews at first
rather rat a favored ssl this. coupled
with the natural incl ION 7? gwen up
sales over the holidays, aeused . rather
easy feeling. Opening tr8des IN May
ranged from 6S1sc to 6S14c, an9 before
any support of consequence vas s,ven
the market had declined to atsWcS 81.
Cables were Indifferent, foreign max
kets showing little change either way
Northwest receipts were fairly liberal.
Minneapolis and Duluth reporting 100
cars, compared with 945 last week anu
701 year ago. Chicago receipts were
l59 cars, two of contract grade. More
favorable weather was reported IN AT
gentina and weather conditions IN the
United States were also better. During
the decline liquidation by local bulls
was prominent Moderate covering by
shorts at the decline soon caused re-
duction in May to 6S@681sc, where the
price hung for a time. But before IL
o'clock the market had grown strong
on evidences of a revival OF the foreign
demand for American wheat, and be-
fore noon the trading was broad and
general The seaport reported sales Tor
export aggregating so loads. New
York adyices also told of the loading
of wheat there at Galveston for Spain,
Sicily and Trieste, to ports that usually
draw from Russia. Liverpool reported
Russian wheat dearer and said that
the Argentine harvest would be very
large later. Atlantic port clearances
amounted to 1926, COO bushels. AS prices
advanced the buying demand became
very heavy, shorts covering, and SELL
ers of weekly calls buying freely to
protect those privileges. The DISPOSE
ton to get New York away from the
short side Of the market pending the
three days holiday was pronounced,
and at times offerings were almost al
together lacking. May finally rose to
CSC and closed at 6S7sc sellers.
A good business was done in corn.
Early the market was easy with wheat
and on the improved weather west,
which caused some liquidation by
longs. Prospects of increased stocks
was also factor. Offerings, however,
were readily taken, and under strong
cables, good export demand and the
strength developed by wheat, the mar
ket rallied easily and remained strong
to the close. Leading bull interests
were buyers on the rally. Receipts
were 1856 cars. May ranged from $3.50
to 371sc, and closed 3s@1sc higher at
371Ac.
The market for oats was firm with
out much Independent feature. There
was little yielding early with corn and
the bright weather, but when corn ad-
vanced cats followed at once. Ele-
vator interests sold moderately.
Shippers were more bullish ON ac-
count of lack of Russian offerings.
The cash demand was good and sam
pies were higher. Receipts were 290
cars. May ranged from 267sc to 271@c,
and closed H@asc higher at 1850
231ac.
Provisions were very active and
showed more strength than for weeks
past. Hog receipts were light and hog
prices higher. This caused good buy
ing at the start and as the session ad
vanced trading became broad and gen
eral outsiders and prominent local
traders buying heavily. Small esti
mates of hogs for next week helped the
bull sentiment. The market was
strong to the close. May pork closed
271a630c higher at 5000; May lard
Ice higher at s5521a; May ribs 15c
higher at $5.05.
Estimated receipts Saturday:
Wheat, SO cars; corn, 500 cars; oats,
275 cars; hogs, $4,000 head.
The leading futures ranged as follows: