Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-08-03
MINING STOCKS.
PRODUCE.

CHICAGO, August "A rally in for
eign markets and estimates of con-
siderably smaller spring wheat crop
than a year ago stopped the decline
+, in wheat to-day and sent prices to
point 3l@Bc above yesterdays close
Coarse grains were also strong. Corn
! closed nc higher and oats asc high
er, Provisions advanced 21AQ5c.
Wheat was firm at the opening, al
| though interest in the market showed
bus little increase.
! Damaging hail and rain storms re-
ported all over the northwest, the area
affected being placed as high as $780,
! 600, while complaints of drought also
came in from some sections of the
wheat belt.
Northwest receipts continued to
show a falling off, and the proportion
of new wheat arrivals was much
smaller than year ago. Minneap-
oils and Duluth reported 237 cars,
ago. Chicago receipts were 11S cars,
10 Of contract grade. Of the local re-
ceipts A cars were new wheat. A
year ago they were 100 Liverpool
also showed some advance, due TO I'M
favorable weather in England and
parts of the continent. September
opened N@ssc higher at 69B @691ac,
with some demand from shorts
The market eased off to 69A @69Ssc
and rallied to 69k0699sc. Absence CT
export demand saused prices to waver
eor time, every little advance bring
ing out the long wheat and encourag-
ing short selling. The large clearances
nom Atlantic ports, however, total
OF nearly 100000 bushels from all
points, caused considerable skepticism
Gas TO the reported absence Of export
demand.
Closing cables were higher, and re-
ports that famine was imminent in IN
dia on account of the absence OF the
usual monsoon rains, caused the mar
ker to become quite strong late in he
session. A factor in the advance was
tho estimate of crop expert putting
! the spring wheat yield at 239,000,000,
w 36,00O,O00 bushels less than pre-
vicus statements.
The European shortage compared
with previous crops was also put at
100 100000 bushels.
Total primary receipts were put at
7s3, 900 bushels. September advanced
10 70c and closed firm at 69BQ70c.
Corn was strong. and closed at top
prices. The weather was favorable,
land primary receipts were about so
per cent larger than last year, but
clearances were large and the cash de-
mand was good. Local receipts were
light-326 cars. Shorts were buyers
taking the new crop futures freely on
complaints of hot weather from Kan
sas.
September ranged from 30G3019c
and closed &c higher at 303s @301sc.
Oats were firm and higher on a small
amount of trading. There was fair
cath demand at higher prices, and
the seabcard reported moderate ex-
port sales. There was considerable
changing from September to May at
1900 spread. Receipts were 295
cars. September ranged from 19c to
1885 6191ac, and closed CSC higher at
1880
Provisions were fairly active and ir-
regular. The market after steady
opening broke sharply on rumors OF
further outbreaks of yellow fever. The
reports were denied, and later the mar
ket steadied with grain, but did not
show much strength at any time.
The demand for lard was good. but
slow for meats At the close Septem-
Der pork was 21ac higher at $3.50;
September lard 21sc higher at s5.27lA,
and September ribs sc higher at s4.95.
Estimated receipts for Thursday
Wheat, 95 cars; corn, 40 cars; cats.
400 cars; hogs, 270o0 head