Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-04-08

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CHICAGO, April 6-Corn displayed
great activity and strength u day, and
attained q new high price. May closing
Nc higher. Oats in sympathy closed a
shade up, but the wheat market, in
contrast, succumibed to formidable
array of bearish influences and closed
INC under Thursday. May pork at the
close was Csc depressed, while lard and
ribs each showed loss OF 71ac.
May corn opened wild, with bids
ranging from A to 447sc, the highest
price OF the crop for delivery next
month, These prices were v to lSsc
higher than the close the previous SEES
sion, and marked complete recovery
from the deroralizng break of the
first two sessions OF the week. Phil
lips. the bull leader, bought moderately
for customers, and declared that he
sold nothing. The demand was broad
and heavy from country interests, and
At times frantic from bcal shorts. The
aggregate amount of lie days transac-
lions was enormous. tE0or few min
utes at the opening offrings were light,
hut hey became freq Soon Lonss;
nrofting by recent ey,erience "a
that the market still has two sides
and tooA profits. Shots covered 1ea.-
tlv and absorbed mostof the offerings,
SO that the market ielded with the
greatest stubborness. Shortly before
noon May touched 4c. From this 1t
reacted to AMONG, ad closed &c net
! higher at 441sc. The strong opening
was due to wet weaker west and to
light country offering. The reaction
was Influenced to a moderate degree
by the pronounced wakness of wheat.
But sentiment, whicI apparently had
returned to it's pristie bullishness in
e majority of casesIwas mainly re-
sponsfble for the ton of the market.
The pit was jammed and despite the
activity of wheat an oats, the coarse
cereal held the speculative leadership
of the floor.
The wheat marke was a striking
contrast to corn. twas easy at the
opening, weaker as tding progressed,
and weakest at the dse. May opened
unchanged to Nc lo'r at 72A to TIC,
for one brief MONT supported by
the corn strength. There were no
cables and the ARA of news offered
anything but cheer tholders. Argen-
tine shipments were.606, 900 bushels,
and Shows crop rept averred that in
twenty years the sing growth had
never been better athis season. '1'he
new century opens, Bald this report,
with wheat in uneelled condition,
and an acreage the tgest on record"
Added to these as e expectation Of
bearish statistics Monday. The
lightness of Australh shipments AMI
reports of sharp ash inquiry and
heavy flour sales, | little to check
the decline. Bears lmmered the mar
ket down to Tic ding the first two
hours. At this poirStop loss orders
were reached and Surther slump to
705s@%c followed 2 close was weak
at ~ lower at 707
Oats were handl in considerable
quantities, and the hrket showed an
undertone of strerh in sympathy
with corn and on le wet weather
which was said to Nelaying seeding
There was heavYmmission house
demand, as well as Fering by shorts,
while local longs dmost of the sell
ing. The reaction lowing the open
ing bulge was in syathy with whelt
and corn. May solIetween 26M AMI
255sc. and closed shade higher at
255s@Ac. Receiptsere 3S1 cars.
Provisions, especi pork, were cas-
Ter on liquidation longs, although
there was nothipd a particul lrly
bearish character aren't on the sur
face. Trade on tlwhole was dull.
May pork sold been s1525 AMI
s14.82h, and closed lower at SASS;
May lard between l71a and ss.321a.
closing TIC down $685., AMI May
ribs between $S.175nd $S12h. with
the close TIC deprld at $S.121a.
The leading futureased as follows: