Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-07-06

CHICAGO, July 5.--A higher mar
ket at Liverpool resulted in a bulge
here early to-day, but the market re-
acted because of rains in the northwest,
closing steady, August shade under
Tuesday. Corn closed shade lower
and oats 1sc down. Provisions closed
steady and but little changed.
The opening chorus in wheat was a
glad bull refrain concerning a one
pence advance at Liverpool, the ex-
treme gravity of the Chinese situation,
and little later, it swelled out into
choral welcome to two-pence bulge
accomplished by the big grain centre of
the right little, tight little island"
August opened 1A@1asc to 11aq1ss
over Tuesday at 80s4c to Sic. One
long seized this opportunity TO unload
a good line said to have been 100000
bushels. Traders generally sold and
the market was gradually forced down.
At 805sc, which was touched during the
forenoon, the market received some
support from foreign shores, whose
eyes were on the Chinese situation and
a recover to S01ac followed. The bears
found the bulge more of an inducement
to continue their selling and jumped
onto the price. hammering it down to
79h@79Ac. The close showed the
bulge and shade more gone. The mar
ket had steadied, however, and the
windup was over the bottom, August
at 1850. New York reported twelve
loads taken for export. Clearances
at the seaboard in wheat and -four
were equal to $4,000 bushels. Primary
receipts aggregated 42S,000 bushels
compared with 10000 last year. Min
neapolis and Duluth reported 299 cars
against 3S last week, and 52l year
ago. Local receipts were 120 cars, one
of contract grade.
There was a fairly active market in
corn. The best prices of the day came
early in sympathy with the wheat bulge
and higher cables from Liverpool. The
dry winds, which furnished bull mo-
tive Tuesday, were displaced by rains
to-day, all of which the bears took into
consideration. The wheat decline from
the top also improved an. influence later
as it had early and the best prices did
not hold There was big cash BUSH
ness, however, and the close, although
a shade under Saturday, was steady.
August sold between 1870 and 42Ac.
and closed at 43hc 1t was the strength
of the cash situation which was mainly
instrumental in causing a reaction from
the bottom Receipts were SIS cars.
Country offerings were irregular-large
in some cases and small in others
Oats opened strong in sympathy with
wheat and corn, which, as hereinbefore
mentioned, showed strength at that
time. A good speculative business
was done, and although the market
eased off from the top in sympathy with
the later manoeuvres of the other
grains, the market on the whole, was
steady one. Receipts were 236 cars
August sold between "a and 23Ac and
closed &c lower at 231sc.
Provisions were quiet. The market
opened strong on moderate hog re-
ceipts, higher prices at the yards and
in sympathy with wheat and corn. The
reaction in grains, the weakening OF
the hog market later and desire for
profits led to reaction from the best
prices, but the close found the market
fairly steady. September pork sold be-
tween S13 05 and $12 80 and closed a
shade over Tuesday at $12 90@12 922;
September lard between ST 90 and
Sc 921a, closing 21ac higher at IS 95, and
September ribs between 81 17ta and
81 G5, with the close shade lower at
81 0712@7 10.
Estimated receipts tomorrow:
Wheat, 1876 cars; corn, 1,040 cars;
oats, 425 cars; hogs, $1,000 head.