Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-09-19
MINING STOCKS
PRODUCE.

CHICAGO, September 1S-The addi-
ton of over 100000 bushels TO the
visible supply Of wheat overshadowed
in influence everything else to-day and
caused a decline of ss@1kc. Corn and
oats, firm. Corn closing unchanged,
and oats &c to Nc higher. Provisions
closed without material changes.
Wheat opened at an advance OF 40
3sc from Saturdays closing price, with
a good general demand at these figures.
The cause of the advance was the
strength of cables on account OF the
critical South African situation, and
some rather liberal covering by shorts
was done during the first half hours
trading. The demand was readily sup
piled, but though plenty of bearish
news was at hand in regard to the crop
movement and seeding conditions, the
market held up we'll until near the noon
hour. After the first rush of buyers
had been accommodated trading be-
came Gull and prices kept within mar
row range, December easing off slight
ly from opening figures. September in
the meantime was decidedly strong on
a narrow amount of trading. Very
little was offered for sale and elevator
people were moderate bidders, prices
in consequence advancing sharply
carly. Before noon December began
to weaken, partly on account of weak
ness in Wall street, but principally on
the indications of an enormous increase
in the visible, the figures of which
were put finally at 3,171,O0O bushels.
Heavy selling was done by one firm
supposed to be in the way of liquidation
of long line Most of the wheat was
offered at under Tic for December. 1t
was estimated that fully 100000 bush
els was disposed of by this firm, and
it had considerable effect on the mar
ket General rains were reported
throughout the west and southwest and
conditions were reported as now favor
able for fall seeding. Primary receipts
were heavy, 1,6SS,OOO bushels, compared
with 1,4S9000 bushels a year ago.
Minneapolis and Duluth receipts
were ASP cars, against 1,236 last week
and 1898 a year ago. Chicago receipts
were 237 cars SO of contract grade.
Atlantic port clearances of wheat and
flour amounted to 2S4,000 bushels. A
better cash demand developed on the
break and sixty loads were reported
worked for export at the sea'board with
100000 bushels sold here. The break in
December brought more liberal offer
ings of September and that option also
declined. The market closed weak all
round. December opened at 71W11sc.
1t declined to 7014 @703sc, and closed
&c lower at 70$sc. September ranged
from 701ac to 717sc, and closed 12c
lower at 705sc.
Corn was quiet and steady. Shorts
were good buyers of September early
in the day. affected by the strength of
wheat, and December was also in fair
demand. Slight advances were ulti-
UudIGIy IOpL. h6CSlptS NClC hCtlfJJ II,
216 cars, and an increase of 100000
bushels in the visible. was reported.
The cash demand continued good. De-
cember ranged from 2S34c to 2S78 @29c,
and closed unchanged at 2SA@2SBc.
September closed unchanged at 32Acj
selling as high as $3.50.
Oats were firm and fairly active.
There was a large cash demand, at
least 250000 bushels being worked, all
rail- Shorts were good buyers of both
September and December, and prices
ruled slightly higher all around. Re-
ceipts We're 541 cars. December ranged
from 21A@213sc to 2115c, and closed
1sc higher at 213s@2112c. September
closed AZ higher at 217sc.
The trade in provisions was unim-
portant. There was an excellent cash
demand for meats and packers were
moderate buyers of October products.
The range was narrow.
At the close January pork was UNI
charged at 1855; January lard shade
lower at IA s5.45, and January ribs
shade lower at $4.95.
Estimated receipts Tuesday:
Wheat 165 cars; corn, 1900 cars;
oats, $50 cars; hogs, $4,000 head
The leading futures ranged as follows: