Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-04-24
Mining Stocks.
PRODUCE.

O111NkAaOg app
s~hinnents the increase on passage,
sympathy with corr and liquidation
combined to lower prices OF wheat TO-
day, but the close was steady ana 72
to 1ac under Saturday. Corn closed
k@A to sc down and oats a a
higher. Provisions at the close were
unchanged in lard, sc lower in ribs
and 2O0271ac reduced in pork.
There was a whole bunch OF bear
ish consideration presented for view
in the wheat pit at the beginning Oh
trade. Cables were easy, world snip
ments heavy, there was an increase
on passage, and the weather nal con-
tinued to say nice things about condl-
lions. 1t was expected that there
would be considerable liquidation OF
May this week, but it did not mater
ialize early. Prices were fairly hrm
for a couple of hours after the initla-
ton session of about a quarter OF a
cent. May began to believe that big
fellows who occasionally overshadow
the statistics as factors were neither
long nor short-just even But about
k~nee-deep in the session the stuff be-
gan to come out and there was selling
by others in sympathy with the break
in corn. May had hesitated early,
baking at the 65 cent mark, but the
liquidation carried the price through
that. The market was very weak at
this time, but the selling paved the
way for the reaction which began dur
ing the afternoon. The short sellers
concluded not to remain in that con-
dition over night and bought back
some Of their early sales and turned
what looked like a bull rout into a
sort of retreat in good order" as dis
patches have it. The cash business
was slack and the export inquiry rath-
er discouraging to holders. New York
had 10 loads for export. Atlantic port
clearance in wheat and flour were
equal to 1872, 900 bushels. Primary re-
ceipts were 397 900 bushels compared
with 584, 900 bushels last year. Min
neapolis and Duluth reported 324 cars
against 406 last week and SOB a year
ago. Receipts here were As cars, none
of contract grade. Trade was dull
in spots, but the session furnished
considerable animation most of the
time. May opened at 651s to esq
65hc, sold between 65H and 64Ssc and
closed &c under Saturday at 64B 665c.
July opened at $3.50 to 66h@ 66%c,
ranged from 66A to 661sc and closed
%@1Ac down at 66asc. Much of the
trade was done in changing May for
July, not much difficulty being exper-
fenced in doing this at a difference of
112c. The corn market was active and
lower. The feature and the factor
was liquidation of May, although low
er cables and the increase on passage
were items in favor of the bear side.
The opening was a trifle lower at the
even figures there many stop-loss or
ders which were executed in the pit.
Shorts were sellers, but towards the
end of the session saw fit to cover and
thus caused a partial recovery. The
bulk of the business was In the way
of changing. Receipts here were 3O4
cars. May ranged from $685. to 375sc
and closed &c under Saturday at 37bc.
July from 1925 to 3812c, closing B@Ac
down at 39@391sc. The rally was
helped by reported sales of 80 boat
loads.
Provisions were active and fuctua-
lions the greater part of the session
wide. Hog receipts were liberal and
prices at the yards lower, two things
figuring in the opening loss in price.
There was a heavy selling pressure in
evidence at the start, long stuff, short
stuff and stuff forced into the pit on
stop-loss orders. On the break there
was good buying by packers and a
reaction took place, holding to tie
close, which was firm. May pork sold
from S12 80 to S12 % and closed 271sc
under Saturday at S12 As; July opened
at $12 52h@12 Is, sold between S12 70
and II 3712, closing zoe down at
S12 6212; May lard sold between Sc 92h
and Sc IS, closing unchanged at
Sc 921A; July between 81 O2h and
Sc so, with the close unchanged at
81 02h. May ribs ranged from IS roo
6 So, and closed &c lower at Sc IS:
July from Sc 10 and IS 80, closing SC
down at Sc 80.
The oats market held it's own in
good shape despite the weakness dis
played early by corn. There was lit
tie pressure to sell, but on the other
hand a decidedly good demand from
both shorts and longs. May ranged
from 221la to 229sc and closed a
shade higher at 225s 0224c; July from
228Q22&c to 2Sc, closing a shade
higher at 23c.
m receipts tomorrow:
Wheat, 65 cars; corn, 275 cars: oats
1SI cars; hogs, 10000 head.