Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-11-16
MIXING stocks.
PRODUCE.

CHICAGO. November 15-Wheat,
having been sold to a ssandstill, raj
lied to-day chiefly on profit taking by
shorts, although there was some news
of bullish hue December closed Ac
over yesterday. Corn closed shade
higher and oats unchanged. Provis-
ions advanced on light hog receipts,
January pork closing 321ac, January
Hard 15c and January ribs zoe higher.
AT the beginning of the session the
talent beheld a paradox-the market
holding steady on bearish news. Liv-
erpool fully reflected the decline here
yesterday and shorts, taking advantage
of the liquidation which was renewed
in moderate way on this fact, covered
to insure profits. Thus December,
which had opened 1sc lower at 7214c to
.721sc, rallied to 72ssc. This trifing raj
ly brought offerings from longs and
December dropped to 717sc, low price
for this crop. Here the market gave
evidences of having been sold to the
last speculative bushel and prices
steadied with a jerk. An Argentine
cable reported 40 per cent. damage to
the crop of that county, and while this
was denied by others, it had its effect
among shorts. The opening of recent
ly closed mills at Minneapolis also had
its effect and December advanced to-
.725s@72Ac, around which figures the
market held steady around the remain
ing hour OF the session. The rapid ac-
cumulations of stocks and the predic-
ton of a good increase in the visible
and in worlds shipments initiated
against any radical action by bulls.
On December covering the decline
difference narrowed to 31a@35sc. The
seaboard reported 80 loads taken for
export Seaboard clearances in wheat
and flour were equal to 37S,000 bushels.
Primary receipts were 5000 bushels,
compared with 837 600 bushels yester-
day. Minneapolis and Duluth report
ed 359 cars, against 426 last week and
766 year ago. Local receipts were 81
cars, ten of contract grade.
Corn was able to stand alone and
did so. helped by a good shipping de-
mand. Country offerings were freer,
but the estimate for tomorrow was not
suggestive that there was any rush
among farmers to take advantage of the
excellent weather for moving their
holdings to market, despite the
premium No. 2 corn is now command
ing in Chicago for delivery this month.
The market was not an active one, and
the bulk of speculative trading was for
the local account. Receipts were 344
cars, and this number being, "a cars
in excess of the estimate, caused a
cl, 10 af n11ouiOo np-
cember sold between 35ac and 361sc,
and closed a shade higher at 7s@36c.
Oats were quiet and firm. Receipts
were only 100 cars, "a cars under the
estimate, and the estimate for to-mor-
row gave no indication of improvement
in that respect. The shipping demand
was restricted to prices at which bust
ness could not be proftably done. De-
cember sold between 21BG22c and 22@
221sc, and closed unchanged at 22c.
Strength and fair amount of aetiv-
ity held sway in the provisions pit.
Packers and commission houses were
liberal buyers, largely to cover shorts.
The market was influenced by run of
hogs 1000 under the estimate and by a
sharp advance in prices at the stock
yards January pork sold between
s11.621s and s11S211, and closed 321ac
over yesterday at s1lS2ha; January
lard between s6S5 and s6s71a. and
January ribs between $500 and $685.,
with the close lsc up at $685..
Estimated receipts tomorrow:
Wheat, 125 cars; corn, 1926 cars; oats,
105 cars; hogs, 1900 head.
The leading futures ranged IS follows: