Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-03-08
! Open. High. Low. c. ST
Stocks.
PRODUCE.

CHICAGO, March 7.-Leading speech
lative grain options were handled on a
declining market to-day in conspicuous
contrast to the clear cut strength of
hog product. The cereal slump was
precipitated by weakness in oats, wheat
closing R@%c; corn &c and oats Ac
lower. Pork closed soc, lard TIC nd
ribs 7h@10c higher.
Opening transactions in wheat were
A@3sc lower. at 1875 to 75Ac for
May delivery, under a variety OF bear
ish influence. Liverpool was depress-
ed, northwest receipts were liberal ard
the weather was of a mild character
calculated to stifle crop damage re-
ports. A publication devoted 10 the
fortunes of crops admitted that wheat
had passed through trying weather,
but averred that it is doubtful ii any
harm has been done. Commission
houses sold heavily and during the
first hour the market was pounded to
1915 to B@Ac. Then the market be-
came dull and under local buying much
OF it covering shorts, reacted to 75%c.
A report that some wheat had been
sold direct to Hamburg helped the
market at this time. Meanwhile there
was some activity in July wheat which
increased it's discount under May TO
sole under May. During the after
noon the pronounced weakness of corn
and oats and the d~isc0uraging export
situation awoke bears to the possibi.i-
ties of the situation and the market
declined with some celebrity to 75c and
closed weak, ia sc lower at 75d &c.
Exporters reported eighteen loads TAX
en-. Seaboard clearances in wheat and
-four were equal to $50 900 bushels,
while primary receipts were $3.50 0
bushels. compared with GAS, 600 bushels
last year. Minneapolis and Duluth re-
ported AL cars against 2S2 last week
and 524 a year ago. Local receipts
were 43 cars, three of contract grade.
Corn opened weak on freer country
offerings, liberal receipts and a slack
shipping situation. An estimate plac-
ing the amount of corr in farmers
hands at $50, 900, 600 bushels compared
with 773, 600 900 bushels at the cores
ponding time a year ago was depress-
ing also, although it was nothing more
serious than a guess. The provisions
strength and the reported engagement
VI y 4 AO1do lOi SApCil obCd0iCA Lie A1dA-
ket near the close. May sold between
40A and 4OA q Sc and closed Csc low
OF at 402s q hc. Receipts were 335
cars, one of contract grade.
Oats led on the weakness of the
grain markets. Heavy lots of long
oats from holders, tired of the feature
less market, formed the bulk of the
offerings. The market steadied and
recovered fractionally near the close on
profit taking by shorts. May sold be-
tween 25h@A and 255sc and closed
&c lower at PAS. Receipts were 155
cars.
Provisions were active and strong.
The market opened at a small advance
because OF a light run OF hogs and ad-
vanced Sharply on buying by an inhu-
entail packer. Other packers also
bought, while scalpers sold on the ad-
vance. The close was strong. May
pork sold between s14 25 and s14 55 and
closed 30c higher al s14 SPY: May lard
between 81 so and 81 571k, closing 71sc
up at 81 SPACES, and May ribs be-
tween 81 12hG7 20@22A with the
close 7AG10c higher at 81 12h67 I5.
Estimated receipts tomorrow.
Wheat SO cars; corn 295 cars. oats
2o5 cars; hogs 10000 head.
The leading futures ranged as follows: