Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-06-26
PRODUCE.

CHICAGO, June 24.-Wheat to-day
sold at the lowest point it has touched
for several weeks and closed at a de-
Cline of 1&c from yesterday. Contin-
ued enormous primary receipts and ev-
licences of large visible increase dis
couraged even the most sanguine bull.
Corn and oats were heavy in sympathy
and closed &c lower and Nose lower
respectively. Provisions were in better
demand and advanced 21a@5c.
Wheat opened weak at 75as@75hc
for September, compared with yester-
days closing price of 76A @76ssc. Liv-
erpool showed a closing decline of q q
&c. Northwest receipts were again
heavy, Minneapolis and Duluth report
ing S15 cars against 597 last week and
Sc year ago. Chicago receipts were
% cars. Of contract quality. Shows
crop report was decidedly bearish, put
ting both the winter and spring yield
at 275,000,000 bushels, a total of $780,
100000 bushels The total receipts at
the northwest points for the week were
1928 cars compared with 548 a year
ago. This contract was more than any
wheat holder could stand and liquida-
tons were heavy at the opening. The
fact that initial prices were below
puts" however, acted as a steadying
influence on the market for a time. as
considerable buying was done against
those privileges. The market touched
15Ac Immediately after the opening,
but recovered to 1850 and held at
about that price until about IL o'clock
when decline ensued which carried
the price to point lower than has been
touched for weeks. Total primary re-
ceipts were 100000 bushels compared
with 10000 bushels last year. Liquida-
tons which had been gradually grow
ing in volume became general when
figures were posted showing a probable
increase of about million bushels in
the visible compared with a decrease
last year of over 100000 bushels. Even
the most sanguine bulls threw over
their holdings or as much as they could,
the demand was small at the best. Sep
TENDER finally declined to 74hc and
closed weak at 7412 @75Bc.
Corn was slow and heavy all day.
Receipts were large, 1,122 cars crop re-
ports were favorable and the cash de-
Hietlu was only ldlI, safes OIL ZUU,UUU
bushels being reported The weakness
of wheat was an influence. The early
decline brought out lot Of long corn
which, however, was fairly we'll alb
sorbed. September ranged from $40
34Mc and closed nc lower at 34Ac
Oats were quiet and lower, the mar
ket sympathizing with the weakness of
other grains A feature was the free
liquidation Of July. Commission houses
generally were sellers. The cash de-
mand was moderate. Receipts were
% Gears. September ranged from 21asc
to 215sc and closed Nose lower at
213s@21hc.
Provisions We're a shade easier at the
start, but demand from shorts soon
developed at the concession and prices
recovered quickly. The excellent cash
demand undoubtedly influenced buying
as did also the prospects of an amicable
settlement of the labor trouble at the
yards. At the close September pork
was sc higher at 1885; September lard
21a higher at $5.15, and September
ribs 21a05c higher at S4.S5.
Estimated receipts Monday: Wheat,
140 cars corn, 1925 cars; oats, 24O
cars; hogs, 10000 head.
The leading futures ranged as follows: