Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-05-16
Mining Stocks.
PRODUCE.

CHICAGO, May 15.-On firm cables,
dry weather in the Northwest and pos
sibly too much moisture Southwest,
wheat was firm though dull to-day,
July closing a shade under yesterday
Corn closed weak, July %c down and
oats steady, July shade lower. Pro-
visions closed firm and slightly i'm
proved in price.
Wheat opened easy, July &c lower
at 66h@66Ac. Rains in the southwest
were the burden of reports which
caused bearish feeling then as it was
figured that the rain would produce
a high rate of mortality among the
crop damaging chinch bugs. While
these reports were still uppermost in
the minds of traders-and they had
plenty of time to think about it, as
trade was very dull-July eased off to
66c. 1t did not get any lower, how
ever. One Kansas report said that too
much rain had fallen, whereat the
market steadied and traders recollect-
ed that Liverpool cables were also in
favor of a better wheat price. Then
reports from the northwest began
coming in complaining because no rain
had fallen and Directing to the wealth
er map which offered no relief. July
accordingly became more valuable in
the eyes of the spectators and ad-
vanced to 6612c. On the bulge profit
taking formed the amusement of some
and sympathy with the corn weakness
had its effect, July easing off. The
close was firm, July a shade under
yesterday at 66Ac. Urinary receipts
were 1888 900 bushels compared with
324, 900 bushels last year. Minneapolis
and Duluth reported 2S4 cars against
305 last week and 229 a year ago. Lo-
cal receipts were 81 cars, one of con-
tract grade. Atlantic port clearances
in wheat and flour were equal to $780,
900 bushels.
Corn was the chief sufferer in price
on the board. The excellent growing
weather reported from nearly every
section of the belt was too much for
the market and at one time July was
one cent under yesterdays closing fig
ures, while the close showed only a
slight recovery. Liverpool was decid-
edly lower which also had a depressing
effect. Following the opening the
market made little attempt to steady
under the leadership of wheat, but it
was feeble effort. The nearness of
the planting season gave rise to fears
that farmers deliveries of old corn
would soon show marked increase. Ne
braska reports predicted that the
planting in that State would be COM
pleted this week. The shipping de-
mand was Indifferent. Local receipts
were 290 cars and country offerings
small. July sold between 371s037Ac,
closing weak and &c under yesterday
at 36hc.
Trade in the oats pit was light. but
a good cash demand held the market
firm in spite of the corn weakness.
Two hundred thousand bushels cash
oats were sold here to-day. Receipts
were 274 cars. July sold between 21lc
and 22c, closing a shade under yester-
day at 21BQ22c.
Provisions were quiet but firm, the
greater part of the day with some ad-
ded activity and strength near the
end. Liverpool was higher for hog
product; hog receipts were under the
estimate and prices at the yards firm.
July pork sold between s11 so and
81 20 and closed &c higher at s11 671a;
July lard between Sc 921s and Sc $50
6 971ac, closing 712c higher at SIS 950
6 9712, and July ribs between S6 60 and
Sc So, with the close 21aQ5c up at
$6 65.
Estimated receipts tomorrow:
Wheat, % cars; corn, 40 cars; oats,
lis cars; hogs, $4,000 head.