Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-03-23
dull and closed substantially unchang-

uuil anu CiOseu SUBSTANTIALLY uucudH6
ed.
Wheat opened very firm though gull
Ell and with advances in everything.
July started &c higher at S51a@S59se
and May kQ1ac higher at S1.o5@
l.ooA. The cold wave, predicted Mon
day, had spread as far south as Kan
sas, with freezing temperature in
many localities. The weather bureau
predicted that it would spread TO
Illinois and Missouri and the anxiety
on this score was increased by the
hlgh temper ature ruling east of the
missouri river and by the wet condi-
tlon Oh the ground. In consequence
there was quite good demand from
shorts at the opening. The strength
was especially noticeable in May as Of
ferlngs were very scarce in that deliv-
cry and a good deal of difficulty was
found in covering even moderate lines
he price Of May rose quite rapidly
TO $Io7, July in the meantime advanc-
ing to 8oBc. At thcsa figures there
was freer realizing by longs who had
taken property on the recent decline
and who seized the opportunity of
making good profits, and prices slowly
eased off May to $1C6A and July to
$3.50 There was another large addi-
ton to the Chicago contract stocks,
but little attention was paid at first
to anything but the weather reports.
Chicago receipts were 327 cars, double
the estimated number OF this big
total 131 cars were of contract grade.
In addition 80 cars contract wheat
were received from mixing houses, a
total of about 213,000 bushels. North
west receipts, however, showed fall
ing off, Minneapolis and Duluth re-
porting $50 cars against 362 last week
and 410 year ago. Liverpool show
ed no change at the opening, but
closed slightly lower. After the de-
clines mentioned, the market became
strong again on some unfavorable
news regarding the California crop.
Heavy frosts were reported in that
State, with great injury to the crop,
which started buying again and prices
advanced to the former high marks
Selling again calls then caused an
other reaction. July reclining by noon
to S51a @856sc and May to s106. The
dullness of trade, caused mainly by
the seriousness of the Washington re-
and the resulting Discrimination Of
traders to go too deeply began to
withdraw. Nevertheless little selling
pressure was evidenced and after July
had declined to S514 @S52sc, covering
by shorts started prices on the mend
and strength was shown to the close
Bradstreet's report of the worlds Wis
ible showed decrease of $4,000 bush
els. Atlantic clearances were equal
to $4,000 bushels. July advanced to
S57s @S6c and closed steady at S5a q
S55sc May closed at s106
Corn was quiet but firm at little
over yesterdays prices. Shorts cover
ed all day. influenced by the bad
weather and prospects CT smaller re-
ceiDts and by the strength of wheat
Selling was scattered. May ranged
from 293ac to 291hc ard closed 1s@Hc
higher at 29A G29asc.
Oats were quite active early. but
slow later There was some invest
ment buying. Shorts also brought a
good deal The weather was an in
f1uence. Shippers reported good for
eign bids. which was also a strength
ening factor. May ranged from 26Nc
to 257sc and closed 12@ssc higher at
261k @26Ac.
The market for provisions was ex
tremelv quiet. Trade was again re-
stricted by the uncertainty of the out
come of the Cuban affair, both buyers
and sellers holding off for this reason.
Prices held steady within very mar
row range the advance in grain mar
kets sustaining provisions At the
close Nav pork was unchanged at
s9S71b: MAY lard unchanged at $50,
and May ribs 21zc lower at s5.05.
Estimated receipts Wednesday:
Wheat. It's cars: corn 12o cars; oats,
lie cars; hogs. 10000 head.
(Associated Press Quotations,
The leading futures ranged as follows.