Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-05-24
Mining Stocks.
PRODUCE.


CHICAGO, May 23.-Wheat was
strong to-day, helped by higher cables
am the poor rains in the northwest.
July closed 1a@5sc over yesterday. July
corn closed a4@Ac higher and July
oats Ac improved. Provisions at the
close were 5@75ac up.
The long looked Tor rain had fallen
ih the northwest, it was reported,
when traders climbed into the wheat
pit. But in the face of this news and
the report that there were twenty loads
off the English coast, July opened only
B@Ac down at 663s @661ac, and
straightway proceeded to recover with
a vengeance. For the rally there were
reasons. Liverpool was firm, Paris, in
pracIlcal confirmation of renewed COM
plants of backward crops in France
and Russia, was up equal to 112c. The
Hessian> fly was said to be making
steady progress with it's destructive
work over the greater part of the win
ter wheat area, and while Oklahoma
and Kansas gave promise of heavy
crops, Indiana, Illinois, Michigan, Mis-
souri,, Ohio, Kentucky and Tennessee,
according to to-day's view of the situa-
ton could but show up with lament
ably deficient crops. Added to these
bullish considerations were' later dis
patches showing that last nights rains
were light and of a showery order and
the weather predictions was for fair
skies. Foreigners and the northwest
were buyers here and the cash demand
was generally reported better. July
wheat rallied from first figures to 67Ac
and closed strong A@5sc over yester-
day at 67h @67Ac. Trade much of the
time was rather quiet, but near the
close the pit was animated, shorts
leading in the buying, probably influ-
enced somewhat by the strength de-
veloped by corn. Atlantic port clear
andes in wheat and flour was equal to
635, 600 bushels. Primary receipts were
$4,000 bushels, compared with SAG, 0Vo
bushels last year. Minneapolis and
Duluth reported 243 cars, against 175
last week and Ala a year ago. Local
receipts were q cars, one of contract
grade. New York reported 81 loads
taken for export.
The corn market was benefited by
heavy buying by bulls and a heavy
shipping business and scored sharp
advance. The weather was favorable,
but this was offset by firm cables, light
receipts and small country offerings.
Trade was quiet the fore part of the
session but active near the end, shorts
seeing fit to cover because of the de-
cided strength. The cash demand was
good but this business was curtailed
by a scarcity of boats. Receipts here
were 100 cars. July opened a shade
higher at 367sQ37c, sold to 374 Q377sc,
and closed s4@7sc up at 375s @37&c.
me oats market was steered by corn
and inconsequence closed firm. The
shipping demand was improved and
there was more or less covering by
shorts. July sold between 2124c and
22c, closing Ac up at &c. Receipts
here We're 169 cars. Trade was very
dull.
Provisions were rather heavy early
because hog receipts were liberal and
the market at the yards weak, but
steadied later in sympathy with wheat
and corn. July pork sold between
Sll.3715 and $1150 and closed 712c
higher at s11.471s, July lard between
$6.S5 and $685., closing = &c better
at $685., and July ribs between S6.471a
@6571a, with the close 5@71sc i'm
proved at $6.579.
Estimated receipts for tomorrow:
Wheat, 35 cars; corn, 10 cars; oats,
20 cars; hogs, 10000 head.