Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-05-02
MINING STOCKS.
PRODUCE.

chicago, Apfll quotations naQ a
general advance to-day on the board of
trade. July wheat gained 13s@1Bc,
corn sc, oats &c, pork Csc, lard 171ac,
and ribs 15e. May wheat ruled quiet,
clcs nc higher. Shorts covered
mod, ely in all the pits preliminary
to May delivery on Monday. Trading
in wheat to-day began very quietly
at an advance of &c. Liverpool quoted
spot grain unchanged: futures I'D
higher Weekly reports of 4161 COO
bushels had a good effect and July
which started at $3.50. rallied to 94c
The strength was only momentary
however, and July sagged to 9312c, yes
terday's close. Beerbohm's cablegram
estimate of the total weeks shipments
from all countries to Europe that might
also allay foreign fears for any stop
page of supplies, the authority in ques-
ton placing the worlds exports at s.
100000 bushels. Minneapolis and Du-
luth received 495 carloads of wheat
against only 31S a week ago and 425
last year and for the week receipts at
the two points named were 1896 cars
more than the week before and POI
in excess of the number on the CORE
spending week of 1897. Chicago re-
ceived 146 cars against only Is a year
ago. Seaboard clearances amounted to
100000 bushels, wheat and flour Con-
tinental cables showed &c loss at Paris
and NC advance at Antwerp. The
coarse grains-corn and oats showed
considerable independence and their
advancing tendencies helped wheat.
John Cudahy was credited with buying
July to cover short sales and afforded
about the best support in the pits.
Wheat trade was really narrow and
orders hard to execute July started
Nc higher at 93%c. touched 94c, reacted
to 931ac, and advanced steadily to
$3.50. closing at 947s 095c, a net gain of
1$s@1kc May ranged between 81 20
and $121A, closing at $1.20A, net
gain of Ac.
Corn was firm and fairly active, but
the advance was confined to Ac for
May and &c for July. No feature of
special interest developed in the trad
ing. Receipts were 597 cars. The days
clearances from Atlantic ports, includ-
ing Newport News, were 1,055,000
bushels Closing prices were, May
33&c July 343sc bid.
A very large business was transact
ed in the oats department.. The main
feature was the covering by shorts and
at times they had trouble in buying.
There was good demand for cash
oats and 12C, 600 bushels were reported
as worked for export. Receipts were
364 cars. From Newport News 103,-
205 bushels were cleared. July opened
13sc higher at 261sc, advanced steadily
to 267sc, closing at 26Ac, a net gain
of &c.
Provisions were strong from start to
finish and were at the top prices Of the
day as the session was ending. Local
receipts for the day were $4,000 head
and prices up DC. Liverpool reported
Cd decline for certain cuts of bacon, but
Sd higher for lard. The weeks run
of hogs was Geo against $4,000 last
year There was good buying by pack
ing concerns. and especially good in
lard which has gone to a still further
premium over meats. July pork rang
ed at S11.15@11.35, closing 25c higher
at S11.35 July lard sold at $5.77@
592, closing at 1892. a net gain of
171ac. July ribs ranged at s5.55@5 IS,
closing 1oc net higher at $685..
Estimated receipts for Monday:
Wheat, 10 cars; corn, 63 cars; oats,
$50 cars; hogs. $4,000 head
The leading futures ranged as follows: