Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-06-13
PRODUCE.

CHICAGO, June H. Wheat to-day
made best prices around the opening.
1t was near the bottom at the close
and showed, compared with Saturday.
a decline of 1s@Ac. Corn declined Ac
Oats were strong and advanced 1sc.
Provisions closed unchanged To nc
higher.
The effect of the Unexpectedly bull
ish government report given out Satur-
day was apparent at the opening IN
wheat, but it was sooa shown that
ether influences had superseded IL n
the minds of spectators The az en-
ing in July ranged all the wa FROM
1612c to lie, compared with Saturdays
closing price Of 75kc. i; sod 1t once
to 76Rc, but rallied almost ilL.a'ciite-
ly to 1873. In this lttls a2asm uf
nervousness was dissipated all the
effect of the government report. Sell
ing was heavy on the bulge. Commits
sion houses were in the market with
big lots while the Northwest, where
receipts were again heavy, pushed sales
during the great part of the morning.
A lot of long wheat offered was bought
Saturday at around 74c hor July, and
it was apparent that holders had little
confidence in the stability of the mar
ket. For a short time the market held
up under the liquidation, but finally
broke. The decline was steady, 761sc
being touched before any .eaction oc-
CURED. Heavy flour sales reported
from the Northwest caused cessation
of liquidation from that section, but in
the meantime local holders had appar-
emily lost confidence and the offerings
at all times exceeded the demand. The
enormous western movement became
the one factor as the session advanced.
Minneapolis and Duluth reported ar
rivals of 976 cars, against S84 last week
and $50 year ago. Chicago received
LAP cars, eight of contract quality.
The visible increase amounted to
1,416,000 bushels, about what was ex-
pected, and this helped in pressing
prices to a lower level Worlds ship
ments for the week were 100000
bushels. Atlantic port clearances
amounted to 356,000 bushels. The Man
itoba government report gave an in
creased wheat area with an almost
perfect condition. Domestic crop news
was unfavorable as regarded winter
wheat but favorable as to spring wheat.
The market became very weak toward
the close on the announcement of es-
timated receipts of 400 cars tomorrow.
July finally sold down to 751sc and
closed at 75A @753sc.
Corn early was steady with wheat.
Fear that the strike in Buffalo would
again involve the elevators weakened
the market later and prices gradually
slid off. Liberal receipts, very light
shipping demand and generally favor
able weather were factors in the de-
cline. Receipts were 5S4 cars. July
ranged from 33bc to SAC, and closed
Il C lower at 331a@335sc
Oats were independently strong.
There was a good demand mainly for
the deferred failures, some of it for
foreign account, and this and the bull
ish government crop reports sustained
prices during the decline of other
grains. Selling was scattered Re-
ceipts were 1877 cars. July ranged from
23Ac to 23B@235sc, and closed 1sc
higher at 23ssc.
Provisions were steady considering
the large run of hogs and lower yard
prices. There was moderate general
business demand and selling was scat
tered. Trade on the whole was small
and prices kept within narrow range
At the close July pork was unchanged
at SS.05; July lard 21ac higher at $4.95
@49712 and July ribs 21ac higher at
$4.621a.
Estimated receipts for Tuesday:
Wheat, 400 cars: corn, $50 cars; oats,
SIG cars; hogs, $4,000 head
The leading futures ranged as follows: