Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-29
MINING STOCKS.
PRODUCE.

CHICAGO, September 2S.-Deferred
futures in all the grain markets were
strong to-day and closed at an adj
vance. A good export demand fol-
wheat and constantly decreasing re-
ceipts formed the foundation of the
wheat strength. Trade was broad and
general in most markets. September
wheat advanced &c, December hac and
May &c. Corn declined Zee on heavy
selling by longs, but December adyanc-
ed &c. September oats declined AC
and advanced a shade. Provisions were
steady and closed unchanged to a
shade lower.
Liverpool played a prominent part
in influencing the early tone of wheat
trading. That market opened lower
but quickly recovered, and at the open
ing here showed good advances. This
was regarded as indicating the serious
ness of the Transvaal situation. Early
indications also pointed to large clear
ances for the day. Outside buying was
quite heavy at the opening, New York
houses being especially prominent,
The opening in December was 1880
73%c, an advance of A@%c over yes
terday's close. This was at call price.
and for a time the market met heavy
selling against those privileges. A
| good deal of general profit taking was
also done, and a decline in December
to 1880 took place, but before II
o'clock the market had again become
strong with heavy and general buying,
The continual falling off in receipts at
prominent receiving points attracted
more attention and the belief was that
winter wheat supplies from o on
would be much lighter. New York and
st. Louis at the same time reached
numerous acceptances of yesterdays
cabled offers. Best prices were OBJ
tanned in the last hour of trading. The
market during that time exhibited a
good deal of nervousness, and the price
changed rapidly though within a mar
row range. Realizing was heavy, but
on all slight breaks the market re-
ceived substantial support, and though
best prices were not maintained, the
close was at a substantial advance. A
good Improvement in the demand for
flour was reported and this had an in
fuence on speculative trading, the
market at the close showed a marked
growth of bull sentiment among local
traders and trading throughout show
ed the effect of increased outside in
terest. A bull feature was the falling
off of 500, 600 bushels in primary re-
ceipts in the past four days. Minneap-
oils and Duluth receipts were 974 cars,
against SS4 last week and 1,190 a year
ago. Chicago receipts were 125 cars,
two of contract grade. Total primary
receipts were 1,122, 900 bushels, against
1856, 900 bushels a year ago. Atlantic
port clearanees of wheat and flour
amounted to S41, 900 bushels. The sea-
board reported % loads sold for ex-
port. December advanced to 74Bc and
reacted to 1880, where it closed. Con-
siderable trading was lone in May, and
that future developed more strength
than anything else on the floor. 1t
ranged from 75h@75ssc to 1850, and
closed sc higher at 1850.
Corn was fairly active and irregular.
There was heavy liquidation of Septem-
Der by the interests supposed to be
most prominent on the longs side, and
this influenced the market all day. De-
ferred futures in which trading was
mostly of a scalping nature were weak
for a time in sympathy, but later re
covered on covering by shorts and
closed steady. Receipts were 1,l39
cars. The seaboard reported eighty
loads taken for export. December
ranged from 29%c to Boise, and closed
NC higher at s0hc. September ranged
from ssc to S2hc, and closed &c low
er at 321kc.