Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-26
MINING STOCKS.
PRODUCE.

CHICAGO, September 25.-With the
exception of short period early in the
session wheat was strong to-day and
closed at B0-c advance for December.
The strength of corn, small visible
increase and cables helped, but the
strength was mainly in increased trade
and timidity of the bear crowd. Corn
was steady and advanced &c Oats ad-
vanced B@Ac and provisions closed
unchanged to TIC higher
The opening in wheat Vas weak with
no special important trade. Both local
professionals and outsides were sellers
in a moderate way and for short
time prices showed a dropping tendency
and ranged slightly below Saturdays
close. The weakness was mainly on
account of decline in Liverpool. Re-
ceipts at most western primary points
were heavy, though they did not reach
last years total This fact, however,
was lost sight of for the time being.
The narrowness of trade at first rem
dered the market susceptible to trivial
factors, but later cables showed COM
plete regaining of the opening loss.
This was a cue for local traders and
prices Immediately felt the effect on the
increased buying. AS the session pro-
ceeded trading became much broader
and more general. Heavy buying
orders came from the southwest, St.
Louis sending bullish dispatches con-
corning demand from country millers
and falling supplies.
Scarcity of cars was reported in the
Duluth region, with a heavy flour
business. The visible, which was ex-
pected to show heavy increase, fell
short of expectations, the increase
being but 100000 bushels. The gradual
advance in prices brought early sellers
into the market but little wheat was
offered for sale, the bear crowd being
apparently timid about selling in the
present condition of the market and
prices were bid up sharply before
offerings became liberal enough to sup
ply the demand. The market finally
got we'll above calls and selling against
them checked the advance for time,
but near the close Of the session shorts
again bid prices up sharply, and the
close was strong at top figures. Min
neapolis and Duluth receipts were
1891 cars against ASP cars last week
and 1868 year ago. Chicago receipts
were $4,000 bushels compared with
1872, 600 last year.
Atlantic port clearances of wheat and
flour aggregated 776,000 bushels. The
seaboard reported only 10 loads engeg-
ed for export, but was a good buyer in
this market. Worlds shipments were
100000. or about 100000 over estim-
ated weekly requirements. December
wheat opened 1s@Mc lower at 721ac.
1t sold at 72kc, then advanced to 73c.
A reaction to 725sc was followed by a
steady advance to 731bc, the market
closing at 1859. September closed 1 lac
higher at 745se A feature of the late
advance was the strengthen corn. Ner-
vousness over September corn shorts
had considerable influence on wheat
spectators.
Corn was active and strong after a
weak opening. The weakness was most
ly sympathy with wheat Receipts
heavy and local stocks increased .069.-
600 bushels. but this did not affect
prices. Shorts in September were evid-
emily apprehensive of corner and were
active bidders all the day. The price
reached 35c. where there was plenty
for sale and the advance was checked.
Deferred futures wer strong in sympathy
and good advances were scored all
around.
Receipts were 1887 cars. September
ranged from "a to Csc and closed sc
higher at 35c. December ranged from
2sS4 to S015c. and closed sc higher at
30i5c.
Not much done in oats. The market
was easy early following other markets.
but later firmed M and closed at a
slight advance. Trading was exceed
ingly narrow all day and mostly of a
scalping order. The cash demand was
only fair. Receipts were 4e2 cars. De-
cember ranged from 22ss to 227s 623c.
and closed 80 &c higher at 227sc.
Provisions were quiet but steady. The
market showed easiness with grain at
The Start hut a-.,th.,- Cod 49, 4