Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-04-28

The option named made clean advance
q SAC, Wlplng out an early decline OF
zAc, and closing with a net gain OF
l7sc. Everybody was on the selling
SIDE from the start ON lower cables,
favorable crop news and declines al the
northwest. But foreign markets re-
covered sharply, Antwerp scoring an
advance Of 4@6c. Shorts rushed to
cover and bid July up from 9114c to 95c.
May wheat recovered most of sc de-
cline, but closed with net loss of l s4c.
Corn and oats recovered early declines
and closed unchanged to &c higher.
PROVISIONS ruled dull. Pork declined
&c; lard PIC: ribs closed steady.
The foreign wheat markets, which
were controlling influences at the open
ing here to-day showed deal Of irreg-
ularlty. Liverpool quoted declines of
"a @2d, while Paris came 2%@3Ac
higher. The extremely favorable crop
bulletins had bearisn erect, as did
also needed rains at the northwest.
ladlng began at a decline of 14c III
July wheat. For half an hour the mar
ket acted strong and rallied twice To
yesterdays close: but at the end of the
time mentined an avalanche of offerings
struck the pit and prices dropped with
thud from 951ac to 94Ac. Not much
account was taken of the statistics per-
tanning to the daily movement of wheat,
but the favorable weather for growing
winter wheat was in the minds of peO-
pie who sold short early in the session.
chicago receipts were 109 cars, and ~
OF them were contract. Receipts here
year ago were 13 cars. Minneapolis
and Duluth received 327 cars, against
Z0f year ago. The clearances of
wheat and -four from Atlantic ports
were equal to 497 600 bushels. Clos
Ing quotations from Liverpool showed
spot No. l Northern spring wheat Sd
GENITAL up for the day, the price being
IS Sd, or $1.33A per bushel Relief
came to the bulls from an unexpected
quarter. Antwerp was reported as
buying cargo of California wheat off
the English coast at an equivalent of
Sl.33 bushel and the Antwerp market
advanced ga @7Bc. 14c in two days.
English wheat brought $l50 bushel
ia the London market to-day and Eng
llsh country markets showed a further
rise of 4Ac bushel These latter
items caused stampede among the
sold at CSC. May ranged from 81 Is to
$l21A. July opened 14c lower at 93s
@934c, sold at 9313c, declined to 914c,
advanced to 95c, closing at 94&c, net
gain of 1850
Corn was heavy at the start on free
selling by elevator people who reported
country acceptances of a million bush
els. Foreign acceptances were smaller
than for several days. Local receipts
were 3S2 cars; seaboard clearances
66S,CG0 bushels. Liverpool showed a
012d advance. The advance in wheat
started some buying in corn, causing
rally of NC. July started A05sc
lower at 337s@34Ac, sold at 33a4c, ad-
vanced 10 347sc, closing at 345sc, a net
gain of 1sc.
Oats followed corn Trade was only
moderate. Chicago receipts were 257
cars. July opened Nc lower at 25c,
sold at 24Ac, rallying to 25Ac at the
close.
Provisions started weak on heavy
hogs receipts. Trade was not broad.
but the early losses were quite recover
ed. Liverpool reported bacon and
hams Cd and lard Sd higher. There
was good cash demand here and ship
ments were liberal. Ribs did not yield
as readily as pork and lard. July pork
opened 15c lower at Sl1.97, sold be
tween S11.35 and S11.52, closing sc net
lower at SLIT. July lard started so
loo lower at s5.65@5.70, sold from $3.50
@5-75, closing at s5.721a, a net loss of
212c. July ribs ranged s5.50@5.57,
closing unchanged at the top.
Estimated receipts for tomorrow:
Wheat. 12S cars; corn 465 cars; oats,
315 cars; hogs, $4,000 head
The leading futures ranged as follows: