Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-08-25

1 CHICAGO. August ". Heavy foreign
markets caused robust bearishness in
s 1 si "a as g lower ~ and
declined x9Hc. Corn lost A@5tc. Oats
are unchanged to &c higher. Pork closed
at 90 lower; lard gained 21kQ5c and ribs
rose SC.
The Liverpool market instead of show
ing sympathy at yesterdays strength
here was lower by IA for September and
re a soa er c Mas hri pa
start. The depression did not last long
and in a short time from the opening the
market became quite strong, September
rising sc above the previous days closing
price. London reported good demand for
cargoeS on passage and that helped
things little. but the chief reason for the
first decline was the nervousness of Sep
TENDER shorts on account of the small
stocks here and the slight prospects for
their speedy increase. Chicago received
arrivals were contract. Minneapolis and
Duluth received AIS cars compared with
ia year ago. Advances from the spring
wheat regions favored the expectation of
continued liberal receipts. Some reports
We're to the effect that the results of the
spring were disappointing, but such re-
ports did not dustQrb the general impress
sion that spring wheat crop had been
raised exceeding in bulk the crop of any
former season. The aggregate receipts
at western primary markets were 91000
busltlS ddSlISl JSJ,ttU DuSn6lS on the cor
responding day of 1897. Export clearances
of wheat and -four from Atlantic and gulf
ports were equal to 3o6, co., CIR about half
what they were yesterday
me hrmneSS in futures was well MAIN
tanned until the Paris and Antwerp mar
kets reported for the day. The continent
tai quotations ended the bullishness here
for the rest of the session Paris reported
November and February wheat 50 CEN
times or equal to 414c a bushel lower, and
antwerp showed loss of PIC a bushel.
September, which had sold as high as
649sc in the forenoon, broke on the
weakness abroad to &c, but firmed up
fraction just before the close.
Inc corn trade news was credited with
cabling that Australian crop prospects
We're favorable and that official Russian
reports were for full average yield.
September opened at AQssc lower at
eSss@l2c: rose to e43sc fell to &c and clos
AQasc down at 6lBma4c; advanced to 62A
Mssc; decline dto 61lzc and closed at sligo
sc bid.
Corn at the start acted in a way to
make glad the hearts of the bulls and then
turned around and rendered them. The
early advance was due to heavy buying
by shorts and elevator interests on dam
age claims from Kansas and Nebraska
Later however. those reports were en-
phatically denied and that together with
the large estimates for tomorrow inclin-
ed everybody to the selling side. The
tumble that followed that action left the
closing prices at the low point of the
day. September opened unchanged at
Bose, advanced to S05sc and declined to
29$i G7sc at the close.
The firmness of oats was attributed to
reports of credit damage to that grain
from the heavy rains. September began
at &c higher at 19Mc, sold up to 201sc, and
weakened to 1870 7sc, the closing figures
Provisions ruled strong because of the
isappointingly small run of hogs Pack
ers bought heavily of lard and ribs Sep
TENDER pork opened ten cents UP at 50 O..
declined to So s. and closed at SIS 90 Sep
TENDER lard higher at $ 1212, rose to S. 10
and weakened to $ 10 asked the closing
price. September ribs started at TIC bet
ter at s. Tx; sold off to s. 12la then raj
lied to IS 10 bid at the close
Estimated receipts Tomorrow: Wheat
215 cars; corn, 100 cars; oats, ago cars;
hogs 22,000 head.
The leading futures ranged as follows:
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