The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-22

took place were more from lack Of sup
port than from any statistical news.
Wheat declined &c, corn &c and oats
hGhc. Provisions closed si5Gi0c
lower.
The Liverpool wheat market showed a
shade OF further improvement this
mOrtng and consOls One.eighth Of one
per cent decline. For those reasons
wheat held fairly steady at the opening
and for an hour thereafter. There was
observed however during TINT time
the same comparative scarcity OF May,
compared with July. which was so
marked n feature OF the previous days
business. The difference between the
two wldened still further. At the close
on Friday the spread was exactly &c,
and after an hours trading this fore
noon Il had stretched to 2Hc, The extra
plentlfulness OF July was by some as
cribed to better accounts from the coun-
try, Regarding growing wheat and eX-
pectRlloRS OF further Improvement as
the result OF the cOplouS rains. May
opened shade lower at Hh4IbC.
touched 7t&W74hc, and very gradually
rose to asa; but by II o'clock the price
had declined TO T4&c.
New York wired shortly after the
opening that while cablegrams were
Arm. there was very little demand Tor
cash wheat. A prominent tirm had q
cRblCEram from Liverpool reporting
heavier offerings from Russia, which
was instrumental In checking the VOL"
ume Of what was at best limited de-
mand, and In encouraging the growth
OF the bearish sentiment, which showed
itself In the market inter an advance
of kC in May had been realized. Brad
streets report Of the weeks clearances
OF wheat and flour made the quantity
!, SIS, 900 bushels. against l,5S9OOO bush.
els on the week before. and l,b29,OOO
bushels on the parallel week OF the year
before. Argentina shipped S04. 900 bush.
els this week. $4,000 bushels last week
and l.O4O. 1000 bushels on the correspond"
Ing week OF the year before.
The market had a severe trouble IN
the last fifteen minutes. May, which
had climbed again to Tbc, dropped TO
74Ikc. which was the lowest and CLOSING
price. There was no fresh export huSl.
ness at the seabOard and only 1900
bushels sold to millers here.
Corn was dull and trading In u slack,
fluctuations being with a nc limit up
to fifteen minutes OF the close. Small
receipts and enormous weekly exports
served to hold prices steady up to that
time. Then the closing weakness OF
wheat, coupled with rumOrs Of rate cut
ting, gave a sudden down turn to the
market. May opened unchanged NJ
25Mc, declined to AN G2i5se and closed
easy at 2t7Sc.
Oats opened easy and remained 80
during the entire session. although the
covering Of short line By Patton
caused slightly better feeling later on
in the day. Business was dull and there
was nothing Of interest reported. May
opened a shade lower at lrAac, sold 10
l7h6l7kc and closed at lINC. Clear
nnceE from the senbourd for the week
were 62S. 900 bushelE.
Provisions were 4 shade higher at the
opening. because OF the remarkably
small run Of hogs. but the strength
gave place to sudden weakness when Il
appeared that commission houses had
nothing but selling orders. English
houses were good buyers near the close.
At the close May pork was about lVc
lower at s. So; May lard 2iAc lower at
81 27A and May ribs SC lower at - 50.
Estimated receipts Monday: Wheat,
20 cars; corn. 1888 cars; oats, lBO cars;
hogs, Is. 900 head.
The leading futures ranged as follows: