Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-20
MINING STOCKS.
PRODUCE.

CHICAGO, September 19.-Corn was
the actual deal on change to-day. Heavy
buying by shorts, who were disturbed
by the small contracts, stocks and ru-
mors of a squeeze. advanced the Sep
TENDER price 15se. December closed
70 0@c higher. Wheat was steady I'M
der good deal of bear news and closed
unchanged to 14c higher. Oats adj
vanced about Nc and provisions closed
at practically unchanged prices.
The opening in wheat was at a slight
advance for December that option stare
ing at 7019@705sc, or B0Ac over
yesterdays final price. Outside of an
Unexpectedly small increase in the To-
cal contract stocks there was nothing
done to advance it and it appeared 10
be the outcome of local sentiment The
small advance was almost Immediately
lost. Heavy selling which marked
yesterdays session and which was sup
posed to be the liquidation of some long
lines, was continued to-day. There was
also some selling from the outside, st.
Louis and the Northwest both being
in the market. For a considerable
period of time the December prices hung
around 701s070Ac, to which point it
declined shortly after the opening, but
before II o'clock the strength of corn
began to attract attention. Bullishness
caused by this was increased by reports
that a great deal of the buying was
for Armour. This scared shorts and
caused considerable covering. Offer
ings were light, outside of the long
liquidation referred to and prices fiuc-
tuated wildly within a narrow range,
the market at times seemed nervous.
The local crowd was apparently long
and though the posting of Bradstreet's
figures on the visible supply showing
an increase of 6.098000 bushels sock
out some long wheat, offerings were
readily absorbed and the spell of weak
ness soon disappeared. During the af-
ternoon the strength of coarse grains
was influential in the steadiness of
wheat, and although bear attacks were
frequent, prices were well maintained.
Primary receipts were heavy, 1852 600
bushels, against 1,665.000 bushels a
year ago Chicago receipts were 200
cars, IS of contract grade. Minneapolis
and Duluth receipts were 1,335 cars,
compared with 1852 last week and $40
a year ago. Atlantic port clearances
of wheat and flour were 10000 bush
els. Little was done in September in
terest in that deal had apparently died
out and prices Kept close to the open
ing price, 701ac most of the session. 1t
sold as high as 7075c and as low as
Yoke December was bringing 705sc
at the close.
Trading in corn was quite active,
especially for September, in which
sharp advance was recorded. Shorts
were active bidders from the start but
had a good deal of difficulty in cover
ing. and prices were bid MP according
lv. The short interest, which was evil
IDENTIFY larger than supposed. were dis
tributed by the small contract stocks,
1858 GOO bushels. There was also good
buying in December on the heavy rains,
which were expected to reduce the
movement. Receipts We're 1862 cars.
September ranged from 327sc to 3415c,
and closed 19sc higher at 343sc. De-
cenlber ranged from 2S7sc to 29A@
29ssc. and closed B01ac higher at
291Ac
Oats were helped by the strength Of
corn and ruled firm all day. Shorts
were good buyers, heavy sellers of last
week taking back their lines. A good
cash demand also helped the specula-
tive market Receipts we're 52l cars.
December ranged from 2114e to 215s@
2134c and closed 14c higher at ALSO
21Mc
Provisions were duh and steady.
sympathy with the grain markets be-
ing the main factor. There was good
demand for meats, packers were on
both sides of the market. Prices kept
within a narrow range. At the close
January pork was a shade higher at
80 5569. 57b: January lard a shade
higher at s5.450547lS. and January
ribs 21ae higher at s4.9712.
The leading futures ranged as follows: