Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-08-01
MINING STOCKS.
PRODUCE.

| CHICAGO, July 31.-Ye1loW fever in
the United States demoralized the pro-
vision market to-day and caused a
break that has not been equaled in
many months. Pork declined 571bc,
lard 171a@20c and ribs 25@271ac.
Grain markets were all weak on favor
able crop conditions, wheat declining
nc, corn 5sc and oats 1sc for Septem-
Der. July oats alleged to be cornered
showed decline of 51ac for this, the
last day of the month.
With almost everything favoring
lower prices at the opening wheat start
ed at a decline CT full cent for Sep
TENDER, that opened at 695s @70c In
the course of the first half hours trad
ing a further slight decline took place,
September touching 69$4 @69%c Liv-
erpool showed a decline of about lid,
while continental markets all showed
weakness.
Foreign advices told Of a favorable
crop condition throughout Europe. Do
nestle conditions were also favorable.
Frost had been apprehended in the
northwest, but the weather was report
ed as exceptionally favorable, with
crops in many localities already out Of
danger. Worlds shipments were put
at 100000 bushels, compared with g.
s 0,000 bushels year ago. These fig
ures proved additional incentive to
short selling. Northwest receipts som
tinued liberal, Minneapolis and Duluth
reporting 535 cars, against 565 last
week and 217 year ago. Chicago re-
ceipts were 102 cars, seven of contract
grade. When the visible figures were
announced showing an Unexpectedly
small increase of 5000 bushels, the
market became noticeably stronger
and a recovery to 70Ac took place in
September. The improvement did not
hold long. export demand was light,
while primary receipts were put at
$4,000 bushels Atlantic port clear
ances equalled $4,000 bushels. During
the afternoon the market became weak
again ON a remarkably small amount
of trading. Longs who had withstood
the pressure during the morning, weak
ened when the price again got below
zoe, and offerings from that source
caused a gradual decline to 693sc. The
close was weak at 695s069Ac for Sep
TENDER. Corn in the main followed
wheat, and acted weak all day closing
at the bottom. News was bearish, crop
conditions being favorable, receipts
large and foreign markets weak. There
was scattered liquidation all day. Re-
ceipts were 6S1 cars. September rang
ed from 30% Q31asc and closed 5sc
lower at 3OAc. Interest in oats was
centered in the July deal, and heavy
selling by elevator interests and coun-
try receivers caused a steady decline in
the option alleged to have been corner
ed, the close showing a loss of 512c.
Shorts were the only buyers and they
tok hold sparingly. Receipts were lib
eral, 1874 cars, ST cars of contract
grade. Distant options were weak in
sympathy, but so little traded in that
only slight declines resulted. There
was a good cash demand. July open
ed 1c lower at Csc and closed at 201ac
September ranged from 19c to 1850
1870, and closed 1sc lower at 1850.
A yellow fever panic ragged in the
badly demoralized condition all day.
All classes of holders sold at the best
prices they could get and as the demand
was light at all times, prices melted
away with remarkable rapidity. The
market opened weak and lower for
all commodities and under steady SELL
ing pressure ruled weak to the close.
Liquidation was mostly from the out
side, commission houses leading in the
selling. At the close September pork
was size lower at sS.25; September
lard 17h@20c lower at S5.22h and
September ribs 25Q271ac lower at
$3.50.
Estimated receipts for Tuesday:
Wheat, 100 cars; corn, 725 cars, oats,
500 cars; hogs, $4,000 head
The leading futures ranged as follows:
1 r (