Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-27
Mining Stocks.
PRODUCE.

CHICAGO, March 26.-The corr mar
ket was broad and aggressive to-day,
leading the other markets, closing
strong, May %@hc over Saturday.
Wet weather and small stocks were
factors. From the top the market
yielded on the heavy receipts. Wheat
was influenced considerably by corn
and provisions, but succumbed finally
to the bearish statistics, closing weak,
May Bc down. The provision market
went soaring because a large demand
met with very scant offerings, closing
firm sc higher for May lard to 20
cents up for May pork. May oats at
the close were unchanged.
The corn market early assumed a
commanding air on the floor of Change
and held it by virtue of it's strength
and activity from which the other pits
were glad to borrow. Wet weather in
the west and the small stocks were the
only available reasons to account for
the advance from a statistical stand
point. Undoubtedly, however, the buy
ing by a coterie of bulls who were not
advertising their reasons, was an in
AluCASC VI lAlpOl IdACC. IAClC WClO
plenty of men whose eyes are on the
crop and supply situation to yer that
the present stocks are equal to the de-
mand. May opened a shade over Sat-
urday at 37A @37Bc, and in a moment
of abstraction the market touched 81
&c. Then it gave a startled jump and
in the course of an hour had clam
bered to 3S%c. The bulge met with
heavy profit taking, but the price was
holding fairly we'll against this when
western reports having dribbled in,
showed receipts aggregating 1852, 900
bushels, and this on top of the daily
reports which have recently been harp
ing on the light country acceptances.
An explanation of this deluge of corn
was that being rushed into take adj
vantage of low rates to the Missouri
river, which expire April 10. May re-
suited off to $3.50 and closed strong
%@kc over Saturday at 1915 @3SAc.
Local receipts were $50 cars.
The strength of corn was sufficient
to pull 1.-The wheat market away from
the bearish clutch of the big increases
afioat in worlds shipments but in the
downward tendency of the market took
the fullest advantage of the reaction in
corr and closed weak. Cables were
firm, but the export demand was not
very encouraging. Provisions as we'll
as corn were some support. May open
ed a shade over Saturday at $3.50
65&c, touched $3.50 and then advanced
with corn and provisions as the guild
ing factors to 66Ac. Primary receipts
were large and this fact with the re-
action in corn, caused a decline and
the close was Bc under Saturday at
655sc. Local receipts were 78 cars, six
of contract grade. Minneapolis and
Duluth reported 731 cars against 1913
last week and 500 a yea ago. Primary
receipts were GIT 900 bushels compared
with 729, 900 last year New York re-
ported Is loads taken for export and
seaboard clearances in wheat and flour
were equal to 253.0O0 bushels.
The provision market was strong
and active helped by the corn strength
to a degree, but chiefly by the light Of
ferings which greeted a large general
demand. The opening was a shade to
2Rc under Saturday in sympathy with
weaker prices at the yards, but the
depression was only for a moment.
May pork ranged from $11.70 to $1,000
and closed zoe up at s11. 921k; May lard
from $6.17k $3.50, to 6.27k@6.30, clos
ing SC up at s6.25, and May ribs from
s6.27h@6.30 to s6.42k. with the close
7h@10c improved at s6.40.
The trade in oats was not of i'm
portance, but the market held firm in
sympathy with corn. The discount be-
tween oats and corr at one time was
14hc, the largest so far. Local re-
ceipts were 321 cars. May ranged from
24Ac to 24Ac, closing unchanged from
Saturday at 24hc.
Estimated receipts tomorrow:
Wheat, 100 cars; corn. 925 cars; oats,
400 cars; hogs $1,000 head.
The leading futures ranged as follows: