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

CHICAGO, July 6.-Wheat after a
period of weakness early, rallied under
the leadership of strong corn market
and a report that Germany was char
tering transports to take troops to
China, and closed strong, August 40
9sc over yesterday. Corn caught it's
.bullishness from reports of dry weather
in Kansas and parts of Nebraska, Au-
gust closing 1Q1Bc higher. Oats
closed zee up, and provisions to 12H
@15c lower.
The wheat market opened with a de-
gree of steadiness because Liverpool
at the outset failed to show as much
decline as had been expected. August
to set the ball rolling sold at 1917 to
1880 at the opening, and shortly after
ward attained 791a@79%c Then the
bears took hand in the game Argen-
tine shipments were heavy, footing up
to 2,16S,000 bushels, according to the
Board of Trade figures, which were
about half million over Beerbohm's.
Liverpool turned weak, Minneapolis
was bearish and there were more rains
in the northwest. August on selling by
persons who knew of these facts,
7SAc. The official North Dakota re-
port showed the spring wheat crop to
be pretty much of a wreck. This may
have had bit of influence, but not
much.
Corn meantime was showing a deal
of strength. New York reported a
better export inquiry and fifty loads
taken for foreign shipment Attention
to the gravity of the situation in
China was directed by a report that
Germany was chartering transports to
take troops to the flowery kingdom. In
these items shorts found reason to
cover. One man was reported to have
taken in one million bushels. The
seaboard and foreigners were fair
buyers and some of the southwestern
sales made earlier were taken back.
ms caused a reaction in August to
GOA, and the close soon after was
strong, August 1a@%c up at 797s0S0c.
Seaboard clearances in wheat and
-four were equal to $4,000 bushels.
Primary receipts aggregated 4O4, 900
bushels, compared with S37, 900 bushels
year ago. Minneapolis and Duluth
reported l02 cars against 1874 last week,
and 424 the corresponding day last
year. Receipts here were 157 cars,
seven of contract grade. The Ohio
crop report reduced the condition four
points since June l, making it rs indi-
eating a crop of 100000 bushels,
compared with last years yield of 40
100000 bushels. The winter wheat
movement gave indications of improve
ment. Stocks at Minneapolis and Du-
Iuth combined were reduced 900 900
bushels.
Corn was active most of the time
and strong save at the beginning. At
this stage of the game the baneful in
f1uence of wheat had an ally in the
liberal receipts and the Ohio condi-
ton of 107 on an acre of 3.051. 900
acres. The hot, dry weather in Kan
sas was consideration on the other.
Damages were reported from this State
and from parts of Nebraska The crop
expert with his little microscope was
in the field and when he acts that way.
woe betide the crop. The bulls allowed
the market to dip and then got to work.
Shorts covered and the market re-
sponded with rush. Receipts were
1904 cars. August sold between 40
and 44Ac, closing 1qi1se better at 441s
@44Ac. Shipping business here was
put at 100000 bushels. Country offer
ings were very small.
Oats were weak and toddled along
after the big markets. The market
dipped early with wheat and rallied
later with corn.
August sold between % and 241sc,
closing sc over yesterday at 23sc.
ReceiDtS 44S cars
Provisions opened strong on light
hog receipts and an advance at Liv-
erpool for product There was good
demand for lard, but the market slump
ed off on the selling of a local line of
ribs. September pork sold between
| S13 00@12 77l3 and closed 12a615c
under yesterday at s12 TIN; Septem-
Der lard between 81 02h@6 80, closing
sc lower at S. 80, and September ribs
i between 81 17n@7 02ia. with the close
&c down at 81 02h@7 05.
Estimated receipts tomorrow:
Wheat. IS cars; corn, $40 cars: oats,
165 cars: hogs, $4,000 head.