Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-07-08

CHICAGO, July Clover cables, per-
feet weather, both for the harvesting
and winter wheat, as well as for the
growth of the spring crop, together
with heavy movements of the new grail,
were the peal influences that combined
to create weakness in the wheat mar
ket to-day; and with nothing to give
strength to the situation, September
closed 1Ac lower. September corn
closed &Q12c lower; oats were 1sGAc
higher, and provisions were from f52e
to Csc higher.
Wheat opened fairly steady, but soon
gave way to the bear influences and
there was a gradual decline. Elevator
interests were the principal sellers and
commission houses bought, but the
buying by the latter was not sufficient
to sustain the market. The grading Of
the new wheat is almost perfect and
was also a bear factor. September
opened Ac to A@%c lower at 66Ise
to 6shG66Ac. On local selling. the
price dropped to 651Ac. Weakness pre-
vailed throughout the day and the
close was 1Ac lower at 65Ba65Ae.
flt StLDodTu lGPOi c ~ b8at AaoAH
taken for export, and cloarsnces OF
wheat and -four were equal to ass, coo
bushel. Bradstreet's estimate of ex-
ports of wheat and -four Tor the week
was 3,7SS,0 900 bushels, compared with
4,346, 900 last week and 3,0f9, 600 bush
Ills d year ago. Primary receipts were
BIS, 900, against 401 900 bushels a year
ago. Northwest receipts were 234 cars
against 2S5 cars last week and l37 a
year ago. Local receipts were 162
cars. so of contract grade.
There was moderate activity In corn
with a generally easy tone. Weather
influences were causes OF The weakness
exhibited shortly after the opening and
considerable long stuff came On the
market. A slight rally, occasioned by
the strength in oats, was soon over
come by selling by elevator interests,
and weakness prevailed throughout
the remainder of the session. beptenl-
Der sold between 47kc and fse, closing
%0hc lower at 47as 647tsc. local re-
ceipts were 352 cars, with II Of con-
tract grade.
Trading in oats was active from the
start and there were enough ready
buyers to keep the feeling strong.
Commission houses were on both sides
of the market, with armour and Phil
lips good sellers. BAD crop news con-
tinued to come in and reports from
Iowa say there will b only half a crop
there and that in many places farmers
are cutting for hay There was con-
siderable local profit taking. Septem-
Der ranged between 2S5kc and 29k@
29%c, closing M@1.c higher at 1890
29Hc. Local r~eceirts were 1873 cars.
Provisions opened higher and the
market was moderately active. Re-
ceipts of hogs wert below expectations
and was onf of TIE strengthening in
fuences. There vas q light general
trade, with some disposition to take
profits on the advance. A feature to
the trade W the demand for ribs and
lard by packers. September pork sold
between 81 10 md S14.Eh, closing
Csc higher 1t S14l30. Lard ranged be-
tween $3.50 and s8.65, closing at the
latter figure with a gain of 71Ac. RIBS
ranged betty cen s7.95M7.97h and SS.05,
closing 71he higher at sS.02A.
Estimated receipts for Monday:
Wheat. 50 cars; corn. $50 cars; oats,
80 cars; hogs, 80 900 head.
The leading figures ranged as follows: