Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-11-07
MINING STOCKS.
PRODUCE.

CHICAGO, November 6.-All the
grain markets were strong to-day, and
good advances were scored. wheat clos
ing at &c advance, corn 1s@5sc higher
and oats B@Ac higher. Provisions
closed substantially unchanged Higher
cables and small worlds shipments
started a buying movement in wheat
all the more effective on account Of
the break of over five cents in less
than a month.
The opening in wheat, though quiet,
was not without interest, and consid-
cradle strength was shown. For the
first time in weeks prospective buy
ers had something really substantial
to encourage them in strong and high
er cables and worlds shipments that
were much smaller than had been look
ed for, with prospects of continuance
of small shipments. Uneasiness by local
shorts shown on Saturdays curb was
much more apparent at the opening to-
day and buying from that class Of trad
ers had much to do with the advance
in prices that took place. The de-
mand was not heavy, but offerings were
few and far between and shorts in con-
sequence had some difficulty at times
in covering. There was some selling
by professionals on the first announce
ment of northwest receipts which turn
ed out to be heavier by nearly 300 cars
than actual receipts and later some
selling was also done on the announce
ment of an increase of 1,440,000 in the
visible supply. But all offerings were
quickly observed and at no time did
the market exhibit weakness. The
trend of prices was steadily upward and
during the last hour of the session the
best prices of the day were obtaining.
New York was fair buyer, presumably
against export engagements, although
only five loads were reported as taken
up to a late hour. Minneapolis and Du-
luth receipts were 1909 cars, compared
with I,155 last week and 1,7S9 year
ago. Chicago receipts were Ill cars,
IS of contract grade. Worlds shipments
were put at 5,679,000 bushels.
Local stocks showed an increase of
100000 bushels. Primary receipts
were 1,336,000 bushels. Atlantic port
clearances of wheat and flour amounted
to TAG, 1000 bushels. There was good
milling demand for the low grades OF
wheat. December opened A@$c high
er at 6S1h@5sc. After slight rally
it eased off to 6S1ac, then gradually
advanced to 69e, which was the clos
ing figure.
Corn was firm, partly in sympathy
with wheat and partly on account or
firm cables and moderate local receipts.
The local decrease $4,000 bushels,
which even larger than was expected
and had some influence. There was a
general covering movement by shorts
in both December and May and adj
vanced prices were we'll maintained.
Receipts were SOC cars. December
ranged from 30A to 31Ac, and closed
h@3sc higher at 31B@Ac.
The market for oats was almost en-
tirely a sympathetic one, prices fol-
lowing in a small way the fluctuations
of wheat and corn. Prices advanced
slightly early in the session on scat
tered covering by shorts, and the ad-
vance was we'll maintained. Elevator
people sold moderately. An increase
of only $4,000 in the visible had some
influence. Receipts were 35S cars.
December ranged from 223s@1ac to
22ssc and closed 1s1Ac higher at 2271s
@ssc.
Provisions were slow but in the main
steady. Heavy receipts of hogs acted
as drag to the market but the slight
opening declined was soon recovered
and at the close of the session prices
were within range. Shipments OF
meats were liberal and this and the
strength of the grain markets sustain
ed provisions. At the close January
pork was unchanged at So 1909 77k;
January lardsSnchanged at IS 375z and