Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-01-02
FNAN5E AND TRADE.
PRODUCE.

Chicago, December 31.-The last ses-
sion OF 1888 on Change was marked by
moderate activity in all markets with
comparatively insignificant changes in
prices. Heavy outside buying and
| prospects of a good visible decrease ad-
vanced wheat 1s@A Corn, on the
other hand, declined 14c. Oats closed a
shade lower. Provisions were irregu
lar, lard advancing 712c, while pork
closed a shade lower and ribs a shade
higher.
Wheat opened at small decline.
| Liverpool paid no attention to the adj
vance here yesterday, but on the con-
trary showed a small decline, and this
! apathy ON the part of the English mar
let affected local traders to some ex-
tent. May opened A0$Bc lower at
| 71AQ713Sc. Very little wheat could
| be bought at those figures, however,
and the market soon developed a bet
| ter feeling. About As minutes from the
| opening large outside buying orders
| were received, st. Louis being particu-
larly prominent in the demand, and
this buying Induced considerable cover
ing by local shorts the result being a
quick advance in May price to 72Ac
| Another period of reaction followed.
| There were more or less liquidation by
| traders who did not wish to hold wheat
! over the holidays, and realizing on
/ wheat showed good profits. This was
| heavy enough to force the price back to
/ 7lMc, where it held for a time with a
small amount of trading done. About
| IL o'clock prospects of large de-
| crease in the visible supply Tuesday
! increased the buying demand to some
| extent, and advanced May to 72c again
| But the general tendency to go home
! with a clean slate was strong among
! traders, and selling during the last half
| hour slowly forced the price back AT
lantic port clearances were fairly large,
1 665, 900 bushels. Minneapolis and Du-
! luth reports were 56S cars. Chicago
receipts were 1874 cars, eight of contract
| grade Private cables increased the
! Argentine surplus to 50000,0O0 bushels.
! but said not more than 10000 900 bush
! els of this would reach Europe before
! July list. Continental markets were
| firm. May finally declined to 713z@
| 717sc, and was quoted at that at the
| close.
Corn was relatively heavy The mar
! ket showed some firmness early with
| wheat, but later reacted and closed at
| a slight decline. Lower cables and cold
weather, the latter suggesting larger
| receipts, depressed the market Long
corn was for sale all day About 100,-
| eco bushels was sold here for export.
Receipts were 541 cars. 1t was a good
deal Of scalping market. May rang
ed from 377s03Sc to 3S12c, and closed
&c lower at 3S1sc
The market for oats was slow. There
was liCtle doing beyond a scattered
/ scalping business and prices were in
| tiuenced almost entirely by the action
of corn. There was a fair cash de-
mand. Receipts We're PIP cars. NAV
| ranged from 2S1sc to 2S$sc. and closed
a shade lower at 2S1s02SHc.
| Provisions were fairly active. Lard
was again the leader. there being a
sood demand for that product ali dav.
Some local bulls took profits. but the
! demand was sufficient to absorb all
offerings and prices were well main
tanned. At the close May pork was a
shade lower at S10.55010.571b; Nav
lard nc lower at $3.50. and May ribs
shade higher at $52215.
Estimated receipts Monday: Wheat
l25 cars; corn, ATS cars; oats, 220 cars:
hogs, $4,000 head.
The leading futures ranged as follows: