Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-08-02
Mining Stocks.
PRODUCE.

CHICAGO, August 1.-Wheat was
quite firm to-day in spite of decided
dullness and closed at an advance of
&c. Higher cables and a good cash
inquiry with some bad far western
threshing returns made traders favor
the buying side of the market. Corn
on the contrary was weak, heavy de-
liveries. lack of cash demand and ia
vorable crop reports caused a decline.
Oats closed 1sQAc lower. Provisions
showed advances up to 71ac. Wheat
opened firm, Notwithstanding the fact
that deliveries on August contracts
were unexpectedly heavy, the total be-
ing close to 100000 bushels. Initial
prices for September were slightly
higher at 75G 1sc, compared with yes
terdays close OF 74BW75c and in the
first few minutes advanced TO 1859.
Liverpool was up 2s012d. This was
unlocked for and suggested reasons for
strength abroad Independent Of crop
failure in this country and acted as a
stimulus to the market at first. A re-
action took place to 75c, but decided
ly pesSimiStic crop news from Califor-
MIA and indeed, from the whole Pa
citic coast, started buying again.
Threshing returns in California indi-
Gated shortage of at least 100000
bushels, while returns from Oregon
We're apparently not much better. A
long period of dullness followed an ad-
vance - l5Ac during which the mar
ket touched 74Bc, but late in the ses-
sion the market became decidedly firm
and prices during the last half hours
trading advanced quite rapidly
Throughout the session there had been
steady absorption of offerings and
When an excellent cash inquiry and in
dications of a good cash business slim
ulated speculative buying investors
found some difficulty in getting wheat.
The fact that Kansas City shipments
were $4,000 bushels larger than re-
ceiptS was not lost sight of in this con-
nection. September finally sold up to
75;sc and closed firm at 75&@7sc.
Northwest receipts were 236 cars.
against 251 last week and 237 year
ago. Chicago receipts were 237 cars,
~ of contract grade. Total primary
receipts were $4,000 bushels, compar-
ed with 723, 900 bushels year ago. The
seaboard reported So bushels, compared
with 72S,000 bushels a year ago. The
seaboard reported Sc loads taken for
export Seaboard clearances were
equal to 175.O00 bushels.
Corn was weak. Deliveries on Aug
uSt contracts were heavy and the cash
demand was slack, which, with excel
lent crop prospects, brought more corn
on the market than it could stand UP
under. The demand for September
was very light and not until wheat de-
velOped strength late in the day did
cal receipts were 239 cars; September
ranged from 3S3sQAc to S75sc and
closed 15c lower at 3S@1sc.
Oats were dull and rather heavy
most of the session. Selling was quite
general at times with corn and the in
creasing country movement made spec
ulatorS favor the selling side. Crop re-
ports were favorable. Elevator people
were prominent sellers. Local sellers
were 252 cars. September ranged
from p TO 212sc, and closed kGAc
lower at 21Ac.
Provisions were again firm, though
not especially active. The influence
of small stocks and a higher hog mar
ket started all meats at a good advance.
Not aid of this was held. realizing
causing prices TO decline somewhat but
closing quotations were in all cases a
little above yesterday. The cash de-
mand was good. September pork clos
ed SC higher AZ ST. 07.4c: September
lard 71ec higher nj se so0S 925 and