Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-04-10
Mining Stocks.
PRODUCE.

market showed both strength and ac-
tivity to-day, influenced by the re-
duced worlds shipments and some I'M
favorable reports, May closing NOV
over Saturday. Corn yielded to the
profit taking pressure, May closing u
0ssc down. Provisions, helped by
higher hogs, closed strong 10@1712c
improved. May oats at the close were
nc depressed.
Wheat began the session strong.
Worlds shipments for the week show
ed reduction of over a million BUSH
els and there was moderate decrease
on passage. The smallness of the
Russian contribution to the shipments
was matter of comment The French
minister of agriculture was quoted as
putting the estimate of this crop in
France under that of 1899 and report
ing increased anxiety over the out
look. Paris was advanced equal to lie
per bushel. Increased complaints
were reported from Australia and
Hungary and India area was placed
at 80 per cent under 1899 Liverpool
stocks showed a marked decrease and
that market was strong. Domestic It'd
ings of drouth in the South and of I'M
favorable prospects in various sections
of the wheat growing territory. With
this array of conditions in evidence
shorts covered with great activity.
May opened 1a@5sc to &c over Sat-
urday's close at 67@k to 67Ac and
advanced to 673sc. The cash demand
was moderate and the announcement
of an increase in the visible of 1,20S,-
600 bushels caused a reaction which,
helped along by the break in corn,
carried May back to $3.50. Shorts
covered on the decline, however, ana
rally followed. May recovered to
66B @67c at which the market closed,
strong and as@kc over SATURDAY..
New York reported p loads taHen for
export. Atlantic port clearances in
wheat and flour were equal to 200, 900
bushels. Primary receipts were 1885,
600 bushels against SIT 900 bushels last
year. Minneapolis and Duluth report
ed COS cars against $50 last week and
427 a year ago. Local receipts were
II cars, one of contract grade The
government crop report for April is
due tomorrow, but professional views
as to its information varied it's effect
on the market to-day was difficult to
discover. Many thought the condition
would be put at 80 per cent, compar-
ed with the December report, max
ing the condition 97.1 per cent.
Corn was only fairly active. The
market was firm early, helped by the
wheat and provisions strength, but the
pressure of profit-seeking lots, COM
bined with stop-loss sales which
caught the decline around $3.50, caus-
ed a break which was not recovered
and the close was rather weak. Sea-
board clearances were liberal, but so
were primary receipts. Receipts here
were SIS cars, SO cars over the esti-
mate. The cash demand was slow.
New York reported 32 loads taken for
exports. May opened Is to A@asc
up at 40@B to 40Ac and advanced to
40ssc. The break carried May to 1914
and the close was 1aQ5sc down at
1850 A big general demand and
higher prices at the yards were re-
fiected in higher prices in the provis-
ions pit. There was considerable
nervousness over the possibility of a
squeeze and this was influential in
sending shorts to cover. There was a
wide outside demand as well as buying
by packers. Sales were mostly made
by profit taking longs. May pork
ranged from s12 971a to so and closed
Toe over Saturday at s12 so; May lard
from IS S21a to Sc 771s, closing 15@
171s up at Sc S0@S21a. and May ribs
from 81 20 to 81 10; with the close 10c
improved at 81 1917.
Oats merely followed the lead of
corn and in consequence displayed
firmness early and weakness later.
Receipts here were 1913 cars. May
ranged from Is to 24ssG241sc, and
closed nc down at 241ae.
Estimated receipts tomorrow.
Wheat, 75 cars; corn, sos cars; oats,
265 cars; hogs, $4,000 head.