Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-01-16
MINING STOCKS.
PRODUCE.

Chicago, January 14.-An improve
ment in the foreign demand with heavy
clearance at the seaboard to-day caus-
ed a good deal of animation among
wheat traders and May closed CSC
higher.
Corn lost Bc and oats left off a
shade lower. Pork advanced Toe
and lard and ribs 3kc each.
Steadiness was impaired 10 wheat
here at the start owing to Liverpool
quotation showing yesterdays advance
well maintained.
The market, however, soon felt the
effect of the prevailing local bearish
sentiment in the absence of outside
buying orders to c~ounteract it. Bus
mess was dull and individual transac-
tons gave nc indication of supreme
confidence on either side of the mar
ket. May opened &c higher at 70Bc,
but settled Immediately to 704c and
sold as low as 705sc before the decline
was checked. About this time New
York reported good sized buying or
ders from the continent for wheat and
as there was a good deal of apprehen-
sion amongsthe crowd as to the condi-
ton of winter wheat should severe
cold succeed the present thaw prices,
begun to show signs of advancement.
Bradstreets reported the weeks ex-
ports of wheat and flour at 5,648, 900
bushels, and the total shipments to
Europe from all exporting countries at
1900, 900 bushels, which would leave
all but 1000, 900 bushels from this side.
Such evidence of European dependence
upon this country "a a great induce
ment to holders to raise the price and
May advanced to 71Bc. Receipts here
were 210 cars, of which 40 graded con-
tract. Minneapolis and Duluth report
ed 498 cars received, compared with
5l8 for the day last week and 1913 the
corresponding day a year ago. Pri-
mary western market receipts were
large, TT 1000 bushels against 405, 900
last year. This was offset however, by
the heavy clearances of wheat and
flour which mounted to 1,014,000 BUSH
els, and a little more was added to the
price, May reaching 71k @71Ac on
this information. New York reported
SO bOatloads disposed of for export and
it was said a good export business was
done at Kansas City, for shipment by
way VI u POI u. lit lldIh net u6Iu
firm right up to the end and May clos
ed at 71Bc buyers.
In view of continued liberal receipts
and c rather heavy market at Liver
pool, bulls in corr had hard work to
keep their specialties from sagging.
Puts had been sold yesterday close to
the market and this acted as a sustain
ing influence. The shipping demand
was good, Notwithstanding lower quo
tations from Liverpool, and 500, 900
bushels were reported sold for ship
ment. Receipts were 744 cars. May
opened a shade lower at 37037Bc, sold
down to $3.50, then firmed up to SIC,
the closing figure.
Oats were steady, with only small
speculative interest manifested. Re-
ceipts were moderate, 1911 cars, and the
export demand good. There was little
business done, and the range of May
was only Ac, opening a shade lower
at 27B02Sc. declining to 27Ac, and
closing at 27% 027Bc.
Liberal receipts of hogs and scattered
selling at the start weakened provis-
ions. AS the session progressed, how
ever, moderate buying by packers with
light offerings started an advance, and
the market closed with a little added
to the price all around. Shipments for
the week amounted to 1866, 900 pounds
of meat and 7,349, 900 pounds of lard.
May pork opened a shade lower at
$1,000, then rallied to S10.15, the clos
ing figure. The range in lard and ribs
was narrow.
The leading futures ranged as follows: