Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-10-04
MINING STOCKS.
PRODUCE.

CHICAGO, October 3.-Uncertainty
as to the Transvaal situation kept
grain markets in a nervous condition
to-day and resulted in a good deal OF
liquidation. December wheat closed rs
MAc lower; May &c; December corn
&c and May corn &c lower. Oats
unchanged to a shade higher. Janu-
airy pork closed 7hc lower; January
lard 2A@5c under and January ribs
&c lower.
Early Transvaal advices containing
nothing to increase the apprehension
Of war, wheat opened easier, December
at 74A 074asc and May at 77B@77%c.
Those who had rushed to ove during
yesterdays scare sold moderate. Ca
bles were a disappointment. Liverpool
up only o~ne-quarter pence while con
soils showed an advance. An advance
set in following a report that hostili-
ties had already begun. There was a
strong outside demand and the early
sellers again bought to cover their
first sales. Under this impulse Deem
Der assembled to 74h074Bc. The ad-
vance was not held long. The ner-
vous feeling resulted in more selling,
but prices slumped to opening figures.
The last advance of the day carried
December to 74%c, but this was also
lost, the price sliding off TO 1880, low
mark for the day, and closed at lac.
The break was due largely to the big
increase in Northwest elevator stocks,
5000, 600 bushels compared with 4,393,-
900 bushels, increase in September Of
last year. This served as a signal for
40 lot of selling and war news for the
time being was ignored. May wheat
opened at TIA @77asc, ranged 1910
76Be to 77% 677Bc and closed at Tic
bid. Chicago received 436 cars, eight
of contract grade. Minneapolis and
Duluth received 1,130 cars as compared
with 929 last week and 1908 the cor
responding day of last year. Receipts
at primary western points were 1885,
600 bushels, a decrease of 10000 since
last year. Atlantic port cl~earances IN
wheat and flour were equal to 445.000
bushels; New York reported 80 loads
taken for export.
Corn held strong the greater part Of
the day, affected principally by the
Transvaal crisis. At the opening De-
cember corn was a shade under yester-
days close at 30A @303sc. The cereal
responded to the war, but gold at time
at 39Hc, in sympathy with wheat and
large receipts and al increase for the
week in contract stock of 1852. 900
bunshels, closing at 30s @30Ac for De-
cember and 31sc for May. Local re-
ceipts were 1852 cars. The trade was
quiet and the market general, appar-
emily led by no one.
Oats held firm, Influenced less by the
war news and breaking less severely
on the turns. December oats opened
a shade under yesterday at 231sc, and
at one time was A6$c over yester-
days close, but this was lost and the
close was unchanged from the opening.
The general demand was good and de-
ferred futures were especially strong.
Receipts 4S2 cars. There was an in
crease in the contract stock Of 153s50a
bushels.
Provisions were a dull market. A
decrease in the stock of lard and ribs
early caused some buying. but the mar
ket eased OF in sympathy with grain
and packers sold. Hogs were down.
January pork closed TIC lower at
SO. 7Th; January lard 2h65c under al
So. 62h65.65, and January ribs SC low
err at $40.
Estimated receipts tomorrow: Wheat
135 cars; corn 625 cars; oats 200 cars;
hogs $4,000 head.
The leading futures ranged as follows: