Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-06-25
MINING STOCKS.
PRODUCE.

Chicago, June 24.-Fine harvest
weather and the prospect of a much
earlier movement Of the new crop
than is usual, weakened wheat to-day
July left off nc lower and September
Ia @1Bc. Corn declined h@5sc and
oats &@7sc. Pork and lard closed
212c lower and ribs unchanged.
decline at Liverpool, where an
advance was expected Oh the rise here
yesterday, started wheat weak. Sep
TENDER opened at from 67h down to
67ssc, and slid off to 67Bc in a very
few minutes, the latter showing B01c
decline from yesterdays final price
There was plenty of buyers at the con-
cessions SO readily offered and there
was soon enough Of them to cause a
quick recovery to 675sc In addition to
the bearish influence of lower foreign
markets was the perfect condition of
the weather throughout the region
where harvesting is in progress. Ac-
counts of crop prospects from the
spring wheat region were Of the most
encouraging kind, excepting in a few
instances from a portion Of South
Dakota on account Of deficient rainfall
An official report applying to that
State as whole said that never be-
fore at this season were prospects so
brilliant for an enormous yield. On
this news the selling sentiment became
dominant and prices sagged once
more. The market continued to droop
on advices from ST. Louis that seven
cars of new No. 2 red wheat had ar
rived there. The trade was more or
less nervous over ArmOur'S position.
His large interest in cashp wheat led
many to think that he might under
take to manipulate the futures in the
bull interest. The selling was rather
cautious and more in the way of liq-
uidation than in short selling. Lowest
prices of the day were made near the
close. Chicago received % cars
against Is year ago. Minneapolis
and Duluth received only 1874 COM
pared with 267 last year. 1t was ex-
planned from Duluth that of the 176
cars received there to-day 120 were
millel3. The Atlantic port clearances
Of wheat and flour were equal to the
enormous total of 1,080,000 bushels,
but as that was supposed to be chiefly
Letter wheat being rushed to France
before the duty should be reimposed
it did not have very much effect.
July opened nc lower at IA, sold
up to TAN, then declined to 70, the
closing figure September started IS
lower at 67as @671ac, rose to 673s, sold
off to 665s@6634, and closed at 66Ac
bid
The weather caused a drop in corn
atat the start. Holders of puts bought
on the break and prevented any fur
Their decline during the first half OF
the session. Later when wheat be-
came so heavy corn participated in
the additional depressions and had an
other nc decline. July opened 1sc
lower at 321ac. declined to 32A @323s,
advanced to 321A, down to 80, and
steadied to 32@32hc bid at the close.
Lack of cash demand and the other
declines weakened oats. July began
kmA down at 235sc and sold off TO
23c bid, the closing.
Provisions were weak with the
coars grains. A large cash business
was reported to have been dine in ribs
for domestic consumption. July OPEN
ed 21ac higher at SO So, declined to
SO As, then rose t. 50 so, the closing
price. The range in lard and ribs
was inconsequential.
Estimated receipts for tomorrow:
Wheat, 10 cars; corn, 275 cars; oats,
145 cars; hogs, 10000 head.
The leading futures ranged as follows: