Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-10-05
MISCELLANEOUS.
MINING STOCKS.
PRODUCE.

CHICAGO, October 4.-Delay in the
expected outbreak Of hostilities insthe
Transvaal 1attened the wheat market
badly to-day and was mainly respons-
ible for the decline of B@1c which
marked the close. Falling off in the ex-
port demand was also feature. Coarse
grains were affected somewhat by high
ocean freight, corn closing 7s@ssc low
er and cats A@ssc lower. Provisions
declined about 21A@5c.
Weakness marked the opening in
wheat. There was a sharp drop in the
Liverpool market, consols were up 5s
of point while the delay in the expect
ed outbreak of hostilities between the
British and the Beers, which has been
the main bull factor in this market for
several days, was taken to indicate that
a peaceful settlement was not alto
gether improbable. This resulted in
very appreciate diminuition of the out
side demand and also shook out con-
siderable long wheat which had been
bought on prospects of war. December
opened at 1875 @731ac, a decline of &c
from yesterdays closing price. This
was well into put price and considerable
buying against those privileges result
ed. This and a certain amount of buy
ing by scalpers constituted about all the
support the market received, and
though it was heavy enough at first
to cause a reaction in the December
price to 1880, the market became very
heavy as soon as the demand from that
source had been satisfied and prices de-
clined slowly but steadily. There was
operators, indicating let up in the for
eign demand for American wheat, and
this increased the heayiness. The mar
ket was at its weakest toward the close,
more on account of lack of demand than
for selling pressure, as shorts were ap-
parently adverse to pushing their adj
vantage in the face of so sudden and
material a decline. Minneapolis and
Duluth receipts were 926 cars, against
1893 last week and 1,010 a year ago.
Chicago receipts were 1S1 cars, five of
contract grade. Total primary receipts
were 1871, 900 bushels, compared with
1,946,000 bushels a year ago. Atlantic
port clearance5 of wheat and flour
amounted to $4,000 bushels. The sea-
board reported 35 loads taken for ex-
port. December declined to 73c, and
closed weak at 1850. Not much was
done in May. 1t followed December in
the decline and closed 7s@1c lower at
76@76Bc.
Corn was dull and rather weak and
prices ruled slightly lower. There was
some sympathy with wheat. The adj
vance in ocean freight rates were ex-
pected to initiate against export bust
ness and had its effect upon the specu-
lation market. Receipts were light,
ESQ car, and reports of diminishing sup
plies in the country served to support
the market to some extent. December
ranged from 30c to 30Ac, and closed 1sc
lower at S00S0ssc. May was sold free
ly by recent purchasers and was weaker
than December. It ranged from 31c tc
319sc. and closed Nose lower at 81
031bc.
Oats were slow and weak The ad-
vance in ocean freight rates affecting
the cash business and sympathy with
other grain markets were the factors
and prices ruled lower from the start.
There was considerable profit taking by
recent purchasers. Receipts were 21S
cars. December ranged from 227sc to
23@23Bc, and closed 14c lower at 227s
@23c. Elevator interests in general
were sellers.
Provisions were slow and heavy with
in narrow limits. The hog market was
weak and there was some sympathy
with the grain weakness. Packers were
moderate sellers all day. About the
only support the market received was
from shorts. At the close January
pork was 215c lower, at 1915; January
lard sc lower, at s5.571a@5.60; and
January ribs a shade lower at S5.O71a
OSLO
Estimated receipts for Thursday:
Wheat, rs cars; corn, $50 cars; oats,
230 cars; hogs, $4,000 head.
The leading futures ranged as follows: