Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-30
PRODUCE.

CHICAGO, Sept. 29.-September
trading was prominent in all the grain
markets today, and prices covered a
remarkably wide range. Heavy cover
ings by shorts in corn advanced Sep
tember nearly two cents, but it closed
at Nc decline. September wheat broke
2@2kc on liberal offerings. December
closed at A@%c lower. Oats closed
Nc lower for September and a shade
lower for December. The excitement in
the New Orleans cotton market caused
free covering by shorts early in the
day. Provisions closed unchanged to
sc lower. Early trading in wheat was
without feature. The market opened
at practically unchanged values and for
some time kept within an extremely
narrow range, with what little trading
there was confined principally to scalp
ers. A bullish sentiment was shown
by traders, and before II O'Clock the
market had become fairly active. No
important advance occurred, however,
until the New Orleans cotton market
was put into a state of excitement by
bogus cables and the wildness of prices
there was sympathized in by wheat
shorts, the deferred futures scoring a
good advance on free covering. The
critical state of affairs in the Trans
vcaal had some influence, though there
was some disappointment over the
slight advance at Liverpool. Light
primary receipts also attracted a good
deal of attention, increasing the belief
that winter wheat supplies were low,
An active demand was reported for
flour from both the United Kingdom
and the continent. The market vas
strong and active until late in the ses-
sion. Shortly before the close, the mar
ket became weak and prices declined
rapidly. An increast in the visible
next week was a factor toward the end
and when it became known that the
NEW OIlNdLo COtlCh ohSO 49, ~
gus, gensralsselling and disquiet result
ed. September was not heard much of
until the close, when from a premium
of 1c it dropped to a cent discount on
free offerings by long interests. Min
neapolis and Duluth receipts were $50
cars against 7S9 last week. and 1856
a year ago. Chicago receipts were 161
cars, one of contract grade. Total prI-
mary receipts were 974,000 bushels,
compared with 1,542, 900 bushels a year
ago. Atlantic port clearances of wheat
and flour amounted to 5000 bushels,
light on account of the New York holt
day. December opened unchanged at
73%c: 1t advanced to 743sc during the
excitement over cotton and declined to
73k@735sc, closing at that price. Sep
tember sold as high as 74Bc and de-
clined to 72h@725sc, where it closed.
Corn was nervous and irregular, the
market like wheat being affected by
the New Orleans cotton excitement
Shorts were heavy bidders for Septem-
Der early in the session and prices ad-
vanced sharply. Late futures followed
the advance to a certain extent, though
inclined to drag a little ON the pros
poets of an early marketing Of the new
crop. When the artificial cause of the
New Orleans advance became known
there was a general letting go and
prices dropped rapidly, the market be-
coming heavy toward the close. Re-
ceipts were 9O6 cars. The cash de-
mand was reported good. December
ranged from 297sc to 3Ossc, and closed
&c lower at 3oc. September ranged
from 32Rc to 34Ae. and closed nc
lower at 32&c.
Oats in a general way followed other
grain markets Trading was iniu-
erced somewhat by the cotton jump,
September advancing sc early on free
covering by shorts and deferred fu-
lures also acting strong. Everything