Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-06-20
PRODUCE.

CHICAGO, June 19.-Reports CT
rains in Russia broke wheat to-day, but
good support resulted in recovery
of ali but Is of the decline. Corn was
but slightly affected. closing I'M
changed.
cats declined AQ%c. Provisions
higher
The confidence Ct wheat traders who
were irregular, but closed 2720l0c
have been buying on the belief that
the Russian crop had been ruined by
drought were staggered at the opening
by cables reporting good rains in some
parts of the drought-stricken districts,
and by a break Of 1ssd at Liverpool.
The news took cent off the price OF
wheat on the curb, and opening quo
tations of the regular session showed
even more decline, September starting
at TIES W77%c, compared with Satur-
days closing price of 7S7sc. A brief
recovery to 7Sc took place under puy-
ing by scalpers and moderate cover
ing by shorts, but the decidedly bear
ish tone of domestic news soon had It's
effect and kept the market In wobDly
condition all morning, the price be-
fore II O'Clock again declining 10 77a4c.
One of the most important factors was
the enormous receipts at primary west
ern points, 1,022,000 bushels against
100000 bushels the corresponding day
of 1898. Minneapolis and Duluth re-
ceipts were SAG cars, compared with 9i6
last week and 81 a year ago. Chicago
received 81 cars, seven OF contract
quality. The weather throughout the
west and northwest was reported Ia
yorable. Cash demand here was rather
slow
Private advices from Russia were to
the effect that the reported rains came
too late for any material benefit and
said the Roumanian situation was still
unrelieved. This news checked liqui-
dation Some of the domestic Stats
tics were not so bearish as had been an
ticipated, the visible showing an in
crease of only $4,000 bushels. The
huge primary receipts, however, kept
the market weak until late in the after
noon, when report of hot winds IN
Kansas and Nebraska caused some APP
prehension on which September rallied
to 1914 C and closed ait that point.
Corn as a whole was dull. The mar
ket opened weak with wheat and lib
eral receipts and favorable weather.
There was a good demand from all
sources, however, and prices soon re-
covered. Country acceptances were
liberal. There was a god export de-
mand Receipts were 971 cars. Sep
TENDER ranged from 341a to 351sc, and
closed unchanged at 351sc.
Oats were irregular, firm for July,
but weak and lower for September.
September was freely offered on the
fine weather and the weakness of de-
mand, and closed 1sc higher. Cash
business of $4,000 bushels was report
ed here. Receipts were 246 cars. Sep
TENDER ranged from 217s to 22A@
22$sc, and closed A@3sc lower at 22Ac.
Provisions, though rather dull were
steady with the exception of few
minutes around the opening, when
lower hog prices had some effect There
was buying early by packers and later
in the day local shorts covered mod
erately. Prices advanced all around,
September pork closing 10 cents higher
at $3.50; September lard a shade higher
at S5.15@4.1712, and September ribs sc
higher at $4.S71ac.
Estimated receipts Tuesday:
Wheat, 155 cars; corn, 1,040 cars:
oats, 335 cars, and hogs, $4,000 head.
The leading futures ranged as follows: