Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-03-10
Mining stocks.
PRODUCE.

|
cabls and the enormous Argentine
shipments caused weak opening IN
wheat to-day, but this was overcome
by the strength of the Liverpool spot
market and the cash business here. The
market receded from the top on profit
taking, but closed firm. May A@asc
under yesterday May corn closed Csc
and May oats b@Ac up. AT the
close the provision market was prac-
tically UNCHANGED and steady. The
wheat market was active, irregular
and Influenced by two strong but op-
losing influences-the Indifference of
cables and enormous Argentine ship
ments against the strength of the Liv-
erpol spot market and the big cash
business here. The record-breahinS
exports from the other side of the equa-
/ tor and the in difference of Liverpool
to the advance here yesterday were felt
early. May opening 1ac depressed at
/ e5B @66c. The selling was probably
I
spot advance at Liverpool caused lib
eral covering by shorts. The predic-
| ton of a cold wave was also an in
centive for buying, and as big cash
business was reported under way, May
shot rapidly up to 665sc. The bulge
was met with liberal profit taking, but
the sales were readily absorbed at re-
duced prices. The close caught the
market on the return trip from ego
66Ac, where it had been forced by the
desire for profits, and the close was
A@%c down at 661sc for May, which,
| despite the fact that it was under last
nights close, which was considered a
good indication of strength. The cash
business here was put at 100000 BUSH
| els, 100000 bushels of it for export.
New York reported fifteen loads taken
| for export. Atlantic port clearances
| in wheat and flour were equal to 170,-
| 900 bushels. Primary receipts were
606,000 bushels, compared with 1900
bushels last year. Minneapolis and
Duluth reported 673 cars, AGAINST SAL
cars last week and $40 cars last year.
Local receipts were Ga cars, Is of
which were contract grade The corn
market was strong and active. The
opening was easy, with wheat, but
later there was recovery, nearly all
of which was held. Gables were
higher receipts moderate, 1928 cars here
| country offerings very small and
the cash demand good, forty loads be-
ing reported for export at the sea-
board. Roads were reported in bad
shape, with a prospect of severe cur
tailment of the movement With
these facts in mind, the short interest
bought heavily, one man taking in
an amount put at 100000 bushels.
May ranged from 35Ac to 35ac, and
closed &c over yesterday, at 359sc.
Oats were firm, apparently in SYM
pathy with corn, but quiet. Shorts
were buyers, and there was fair de-
mand for shipment. Feeling was
bearish, however, because of large
country supplies and belief that the
government report will be bearish. Re-
ceipts here were 230 cars. May ranged
from 231sc to 231sc, and closed 1s@Ac
up at 235se.
The provisions market was quiet.
but steadied, in sympathy with the
strength of corn and the Liverpool ad-
vance in ham and lard. There was
large cash demand. The opening was
trifle lower on the liberal hog re-
ceipts. May pork ranged from $40 72h
to $40 SIS, and closed a shade higher
at $40 80; May lard from S. 80 to SIS 95,
closing unchanged at S. 921165 95,
and May ribs from IS S71a to SIS s21s,
with the close a shade lower at S. 80.
Estimated receipts tomorrow:
Wheat, As cars; corn, 40 cars: oats.
$50 cars; hogs, $4,000 head.
The leading futures ranged as follows:
Articles. lopen. High. Low. Close.
Wheat No. 2