Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-19

PRODUCE.

CHICAGO, July 1S.-Wheat was
firm for hours to-day, but broke later
with corn and on lack of support, Sep
TENDER closing Use under yesterday.
Corn slumped on talk of a big crop
and September concluded the session
1c lower. Oats closed 3sc down and
provisions unchanged to 1001212c
higher.
Trade in wheat was only moderate
and the course of the market irregu-
lar. The opening was firm, September
| IS cover yesterday at 77%c to 775sc.
In this bulge found a Sinfluence higher
cables from Liverpool, small north
west receipts and unfavorable reports
! from the Dakotas. On profit taking,
which met the initial bulge, Septem-
Der declined to 773sc. Then in an en-
ratio mood the market rallied to 777sc,
but dropped off with great rapidity
from that to 771sc. Again the hard
fighting bulls forced the price back to
77B@7Sc. In this they were assisted
by covering by scalping shorts for
profits. 1t was following this bulge
that the severest break of the day oc-
Cured and brought the market to an
| inglorious finish. Primarily the break
in corn was an influence. In addition
| to this the southwest receipts were
large and the outside support a nerve
less one. The northwest, while claim
ing irreparable damage for the Da-
kotas and asserting that the rains
had found very little Of crop left 10
help, were the sellers. September
tumbled down to 761sc, and closed
weak 11sc under yesterday at 761sO
| 76Ac. Clearances at the seaboard in
wheat and flour were equal to 242 ,000
bushels. At primary points receipts
| amounted to 765,000, compared with
100000 last year. Minneapolis and
Duluth reported 2S1 cars against l65
last week and 4T6 yea rago. Local
receipts were rs cars, fifteen Of con-
tract grade. New York reported As
loads taken for export.
! Corn opened firm. but thereafter
acted like a market too worn from
/ sickness to get well in a hurry. At
the start there was moderate buying
/ in the small country offerings, and
on the theory of some reaction being
due after severe decline. The 23Qo,-
I GOO bushels cash business done the
( two previous days was a potent con-
/ sideration. Add to this some desul-
/ tory reports of moderate damages to
/ the crop before the rain struck it.
I gives the bull side. The market held
we'll until about noon and then
| slumped. Talk OF a big crop became
more enthusiastic and at last started
more liquidation. which had its nat
ural result. September opened at $3.50
| to $3.50. touched Ace, slumped from
that to 3S1Sc, and closed 1c lower at
| 3S1a 63SSsc. Receipts were 33S cars.
! Oats We're dull, too lazy to assert
any independence and was apparently
well content to follow where corn led.
September sold between 237s and 23asc,
closing sc under yesterday at 22sse.
Receipts were Sc cars. Crop reports
were favorable, save from the north
| west
Provisions We're quiet and irregular
owing to the fact that packers were
buyers of lard and ribs but rather neg
lectful Of pork. September pork sold
/ between $3.50 and s11.e71a. and clos
ed unchanged at s11.70. September
lard between s6.75 and s6.6T1h. closing
| &c higher at s6.706e. 7o5k. and sentem-
/ Der ribs between $6.771k0 and s6.e71s,