Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-06-28
Mining stocks.
PRODUCE.

CHICAGO, June 27.-Wheat was ac-
tive and firm, closing Use owe yester-
day. The recovery was due principal
ly TO a cessation of liquidation. A big
cash business helped corn features,
July finishing the session 13sc improv-
ed. Oats closed a shade higher and
provisions strong. July pork 52Hc, July
lard 221ac and July ribs 2212c better.
The liqidation which set in Monday
had not quite spent itself last night and
some flag ends of it tmbled into the
wheat pit at the beginning of business
to-day. This, together with some de-
cline in Liverpool cables caused east
ness early. July opened unchanged
to nc up at 50 to S2Mc and quickly
sold off to 811sc. At this point the
liquidation took the form of scattered
selling. The demand was excellent
from the northwest and the seaboard
and sold-out bulls were also active il
replenishing their stocks. The remain
der of the session was consequently
strong. Compared with recent ses-
sions, trade was quiet. The rally was
gradual and the best price was not
reached until the afternoon when July
perched at S4hc. The bulge brought
out profit-seeking stuff and a dip to
S1sc followed, but the market quickly
recovered to 82Mc and closed firm,
July 1850 owe yesterday at $685.. Aug
ust wheat sold between S2A and S5%c,
closing 13sc up at 847sc. Liverpool
following her opening weakness turned
strong and was in this way of some in
tiuence in the recovery here. The
crop situation was not materially
changed, according to private mes
sages. There were light rains in the
northwest. They were a factor in the
dip from S412 to 8318c but the recovery
which followed this showed the prev
alence of the opinion that the north
west crop is practically beyond hope.
New York reported forty loads taken
for export and there was some export
inquiry here. Clearances at the sea-
board in wheat and flour were equal to
100000 bushels. Primary receipts were
100000 bushels compared with 972, 0O0
bushels last year.. Minneapolis and Du-
luth reported PA cars against 351 last
week and 491 a year ago. Receipts here
were 80 cars, three of contract grade.
Corn did not shade in the early
weakness of wheat, but readily re-
RNANSo " Abc IdICl llC1lSJ1. Inc lear
OF possible damage to growing corn
from excessive heat or some other
cause was aggravated by reports Of
extremely high temperatures in parts
OF Kansas, Oklahoma and Missouri.
The loss of the hay crop in the north
west and an excellent shipping demand
were likewise bull factors. Receipts
were 519 cars. Country acceptances
were light and Liverpool was strong.
July sold between 41$@hc and 1885,
closed 1850 UP at 424c.
oats were strong. opening at a de-
cline but recovering it. Trade was
rather quiet and the other grains were
the chief influences. July sold be-
tween PAX and 255sc, closing a shade
over yesterday at 25ssc. Receipts 220
cars.
PROVISIONS were strong and fairly ac-
tive, helped some by the grain strength
but chiefly by a good outside demand.
July pork sold between II 40012 80.
and closed 52Hc over yesterday at
Sl2 so; July lard between So 80 and
I O2l2, closing 2219c better at 81 021b
and July ribs between 81 05 and 81 90.
with the close 2212c improved at 81 20.
Trade is gradually shifting TO the Sep
TENDER delivery and in these options
pork closed soc higher at Sf3 O2b
lard zoe better at 81 liz and ribs zoe
up at 81 271567 so.
receipts tomorrow:
Wheat los cars; corr $50 ears: oats
500 cars; hogs 10000 head.