Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-15
MINING STOCKS.
PRODUCE.

| CHICAGO, September l4.-Heayy
| primary receipts and indications every
where of a rush of wheat this way
| took the life out of wheat bulls to-day
and depressed prices about 1ac. The
! impression prevailed that there had
! been private settlements of all import
ant September shorts September corn
was firm and closed 1sc higher, but
| later deliveries were heavy. Oats
closed unchanged and provisioss I'M
changed to 71ac lower.
Uncertainty in regard to the Septem-
Der wheat situation made wheat rather
| feverish at the opening and for short
! time really large business was done.
Gables were strong and higher and this
and yesterdays bulge in September
! due to the elevator fight gave tone
| CT bullishness to trading that was re-
! flected in slight opening advances In
the deferred futures. The bullishness
gradually disappeared when Weare,
who was so prominest in yesterdays
| September deal, was seen to have con-
siderable September to SELL This at
once relieved the tension in that re-
spect and the September premium at
one time 12c over December, gradually
disappeared.
Rumors of private settlements of
September among big shorts were cur
rent asd that gave rise to the belief
that the congestion had been relieved.
The inclination among local profess
SIGNALS was apparently to sell, and
support came principally from the out
side, most of the commission houses
bov vi h11v,ipO oJdarc4 oar1v Con
TENDER tension once removed the mar
ket became exceedingly dull. The
northwest reported an excellent cash
demand, but the market in a general
| way showed heaviness until the pri-
mary receipts were posted when posi-
tive weakness developed. Total pri-
mary receipts amounted to 1,341, 900
bushels, 100000 more than were receiy-
ed year ago. The weakness was in
creased w<1en Minneapolis and Toledo
reported Chicago elevator people buy
ers of cash wheat in those markets,
and during the latter part of the ses-
sion a good deal of long wheat came
on to the market MINNEAPOLIS and
Duluth receipts were $40 cars against
| 739 last week and 944 year ago
| Chicago receipts were 147 cars, only
one of contract grade. Atlantic port
clearances of wheat and flour amounted
to 400,0 900 bushels. There was little
shipping demand for wheat here. DE
cember opened a shade higher at 713s
@71hc. 1t advanced to TIC, then
sold down to 70%c, closing at 70%0
70#c. September opened at 72@72Ac
and declined to 707c, closed Zee lower
at 713sc. Weare was bidder for Sep
TENDER late in the session. Large pur-
ehases of wheat at Southwestern
points for shipment to Chicago were
reported.
Corn was irregular but fairly active.
A feature was the strength of Septem-
Der growing out of the recent strength
of September wheat and the small
stocks of corn, which made shorts in
clined to get out. Prices advanced
sharply early, but heavy liquidation
by longs followed, nearly all the adj
vance being lost. The market was
rather easy late in the session follow
ing wheat. Receipts were $50 cars.
The cash demand was poor, business
being restricted by the high lake rate.
December ranged from 2S12 to 2S&@
2SBc and closed a shade lower at
2612 @265sc. September sold as high as
3214c and closed bc higher at 91&c.
Oats were very dull and independent
features were lacking. Prices were up
h0Ac at one time in sympathy with
other grain markets, but later this was
lost There was capital cash demand.
Receipts were 316 cars. December
ranged from pose to PIC and closed at
207se. September sold at 211ac, and
closed unchanged at 21Ac.
The market for provisions was neg
lected. There was some fiImness early
with the higher hog market and the
good cash demand. but the market
sympathized with the late weakness of
wheat and corn and the slight advan-
tage was lost. Most of the light trading
was in january product. Weakness
was more pronounced in October than
in later deliveries. AT the close jan
uary pork was a shade lower at SO 5211h
| 09 So. January lard unchanged at
| IS 471a. and ribs shade lower at 81 95
Estimated receipts Friday: Wheat, 125
! cars; corn, 675 cars; oats, 3S5 cars;
| hogs, $4,000 head.
The leading futures ranged as follows:
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