Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-01-21
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PRODUCE.

and provision markets were strong to-
day and made additions to their former
prices. The feature III wheat was the
strength shown by the July option.
which advanced a cent under Letter
buying and covering by shorts. May
closed at 5sc advance. Corn and oats
closed 1scj higher easr and provisions
advanced 5@20c.
In wheat, Liverpool prices showed
about sd advance at the opening here
and this marked showing of strength
naturally had great effect on the mar
ket here. May, which closed yaster-
day at 91Mc. opened to-day at 9134 q
917sc, while July showed a still greater
advance, starting AG1Bc higher at
S31a GS33sc. Trade was very slow for
an hour and a half and fluctuations
during that time were practically coli
fined to the fractional differences or
opening trades, but it improved later,
especially in July. The Liverpool adj
vance was supposed TO be the result
Of less pressure from Argentine to sell
wheat. This theory was partially con-
firmed by a cablegram stating that
$1,000, 600 in gold that had been ordered
1Cr shipment from London to Argen-
tine, had been cancelled, and one from
a Buenos Ayres correspondent Of a
Milwaukee house putting the export
able surplus OF Argentina at 10 900, 900
bushels. London quoted the price Of
Argentine wheat, March shipment,
33s Cd, which is Is above the price
being offered about week ago, or a
rise in that time equivalent to sc per
bushel. The receipts at Minneapolis
and Duluth we're 307 cars, against 33z
a week ago, and 252 the corresponding
week of the year ago. Chicago re-
ceipts were 35 cars, compared with %
a year ago. OF to-day's receipts only
two cars were contract, but 14,00O
bushels besides were put in store for
unlicensed warehouses. After IL
o'clock the trade took on some degree
OF activity. May in the meantime had
risen to 92M@92Ac The Letter party
sold that future at over 9l1sc, but
bought July, and as the price OF July
had gone up pretty easily lately, the
purchase of Letter frightened them to
covering The consequence was an ad-
vance to 841ac, while May was hanging
around 92Bc. The receipt OF the clos
ing cables, showing weakness IN the
market, in measure restored the con-
fidence O. the shorts and induced them
to again put out their lines, and during
the afternoon prices suffered a con-
siderable relapse. The Liverpool mar
ket closed with net gain from "a 10
78d. Paris at d loss of from IL confines
to 30 confines for -four, and 10 cen
times to Is centimcs for wheat; An
twerp lower by 25 confines Tor red
winter and 121A centimes for Walla
Walla. May declined to and closed
steady at 917sc, While July was BRING
ing 8334c at the close.
Corn was an exceedingly narrow
market. There was plenty OF bull
news. which met with little response.
The strength of heavy seaboard eX-
ports kept prices a little above yester-
days figures most of the session,
though predictions of dry, cold weather
led to expectations of increased farm
ers' deliveries and caused some selling.
May ranged from 290291sc to 2S7sc,
and closed 1sc higher at 29c.
Market for oats was quiet but firm.
The feature was the continued buying
for New York account. This, and the
strength of wheat, caused q slight ad-
vance in prices, which was well main
tanned. July was especially strong I'M
der fairly urgent commission house
buying. May ranged from 23% G237sc
to 233s 02324 and closed 18c higher
at 23$4c.
Provisions were strong throughout.
At the start there was scarcely any
trading, though prices were little
higher. due to the firm hog prices. AS
the strength developed in wheat the
short interest in provisions began ID
cover end the demand soon became
cuite active, prices advancing rapid
" Some reaction followed on fall
inc off in the demand, but prices re-
covered later. At the close May pork
VA zoe higher at sos 10; May lard
5c Ligher at 81 7712, and May ribs 712c
higher at 81 8212.
Estimated receipts Friday: Wheat
90 A 800. corn 325 cars; oats, 255 cars;
hogs, $4,000 head.
ASSOCIATED Press ouotations.)
rha leading futures ranged as follows:
Articles. ioPcil Ai17 = 80 - :. -