Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-05-03
Mining Stocks.
PRODUCE.

ket was dull but firm, helped by higher
Liverpool cables and a bullish feeling
among traders, closing B0Ac to "A ~
sc improved. Corn closed unchanged
and oats "a to PC improved. Provi-
sions suffered a sharp break, closing
17h to 421ac lower.
Considerations presented at the be-
ginning of the session in the wheat pit
were the strength of Liverpool, dry
weather in the central area and frosts
in sections of the west and southwest
following rains in Nebraska and Kan
sas. The Liverpool advance was en-
couraging. 1t indicated an apprecia-
ton of the general bullishness of the
situation as viewed from an American
standpoint. They appeared to have
concluded, as has the bull party IN
Chicago, that Argentine shipments had
passed their weekly maximum and that
with only that country and America
to depend upon for seven eighths OF
their wheat till next September there
was danger in lowering their bids be-
low the present level. There was fair
cash business here-210,0 900 bushels
and export bids were nearer the mar
ket. New York reported rs loads taken
for export. The speculative trade was
light and dull Early deliveries on
May contracts were estimated at 3,000,-
00O bushels. Brokers acting for ele-
vator people were active changing
buying May and selling July at lac
difference. May, therefore, was rela-
lively stronger than July. First figures
were 1ac over Mondays close, and there
was a small advance early on covering
by shorts and a fair export demand,
but the bulge gave way later on freer
offerings. but part of it was recovered
before the end of the session. Sea-
board clearances in wheat and -four
for two days were equal to $4,000
bushels Primary receipts were 444,-
600 bushels, compared with 100000 last
year. Minneapolis and Duluth reported
305 cars against $50 last week and 268
year ago. Local receipts were %
cars, none of contract grade. July
opened 3s0bc over Monday at 673s to
674c, sold between 67A and $3.50,
closing B@Ac improved at 67$s@
67hc May sold between 65B and 651a
0655sc and closed A03sc improved at
655sc.
Corn was firm, but not generally ac-
tive. Cables were higher, receipts
light-144 cars here-and the wheat
strength was an early support. There
was fair trade, but the market was
a choppy affair, with Changing" the
feature. There was a slight narrowing
of the May-July difference. Deliveries
were about 100000 bushels, mostly
taken by two leading bulls. There was
a good export demand, New York re-
porting 60 loads taken for foreign ship
ment July sold from Ala early to
407sc, closing unchanged at Ale.
Oats were firm, May especially SO.
Elevator people took May with such
persistence that the spread narrowed
from l Is to 15sc. The cash situation
was a decided improvement, the export
being some extreme apprehension over
dry weather. Dealings on May con-
tracts were 775,000 bushels. Receipts
here were is cars. July sold from
23A to 235sc and closed sc higher at
23h0235sc. May closed &c higher at
227s@23c.
The provision market was weak and
the trade in hog products generally
quiet, although there was a squirt of
nervous activity early. The opening
showed a severe break and great ir-
regularity in prices. Hog receipts were
heavy and the market at the yards
weak, two considerations at the begin
ming of the session. There was no par
ticular demand and plenty of stuff for
sale, and in consequence there was
very little recovery. July pork sold
from s12 As to $12 Is and closed 421ac
under Monday at s12 1715; July lard
from 81 0215 to Sc 80, closing zoe down
at Sc 95, and July ribs from So S21a to
IS 721s, with the close 171ac depressed
at Sc 771a.
Estimated receipts tomorrow:
Wheat, Is cars; corn, 200 cars; oats,
152 cars; hogs, % 600 head.
The rule limiting trading in futures
! on the Board of Trade TO sixty days
went into effect to-day.
The leading futures ranged as follows:
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