The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-04-06

CHICAGo-wheat closed sduarely
under the seventy cent mark to-day,
the May option sufferinu a decline OF
litc per bushel and July &c, the greater
weakness In May being caused by
changing over from that month TO the
more deferred delivery. \ big drop in
Liverpool caused weak opening and
liquidation continued almost without
interruption all day.
Other markets were sympathetically
weak, corn declining lake and pro.
visions 2lsdl5c, oats closed practically
without change.
Wheat got a blow on the heart from
Liverpool when that marke; cIbied an
opening decline Of lhd per Genital. The
start here under stress Of such q stag
gerer was at declines compared with
Saturdays closing price OF Aulc per
buShel for May and from SSU&c for
July. First quotations for the former
were from 69% $3.50 and FOR the lat
ter G9iLc and CSC. The lowest OF those
quotations formed the bottom of the
range OF the subsequent fluctuations
Up TO Il O'Clock. In addition 20 the de-
cline at Liverpool the quantity on ocean
passage was increased $4,000 bushels
since a week ago. worlds shipments
show a marked Increase over those OF
the week previous. the total cablcd to
the board OF trade Hggregatng over
4.IOO. 900 bushels against 3,I@j,0OO BUSH
els the week previous, This also helped
Iha bears In that II was far In excess OF
the recent average, although 100000
bushels below the estimated weekly re-
quiremcnts. According 10 cablegr0m
from BeerbOhm's European stocks OF
wheat and -four IN first hands and the
quantity on ocean passage were to.
81 F.nA III A l
than they were March l. of this year.
The reduction In visible supplies in
the country for March were about
I. 100000 bushels. so that the worlds
visible lost 100000 bushels in that
month. Minneapolis and Duluth re.
ceived only $40 cars OF wheat compared
with Sil a week ago and 3I6 the cOrress
pondlng day OF last year. Chicago got
thirteen carloads. The visible supply
which was expected to show perhaps a
small increase was found TO have de-
creased Al 900 bushels. That helped TO
prevent prices declining below the low
est OF the figures made at the opening
until about half an hour from the close,
when they got down on to fresh ground.
MAY. about fifteen minutes from the
close sold down to 6gisg69i4c and July
TO S5sG69c. The export clearAnces from
Atlantic ports OF equal to $4,000 bush
ole in wheat and -four since Saturdays
renort did NOT do much 20 help sustain
urIces in view OF the claim that It was
niJ business and there Is no present
bids within two or three cents OF our
prices The closing price for May was
ggttSs9Xc and for july 6S7sc
Corn was quiet and weak influenced
by the weakness in wheat and the
more liberal receipts. The conditions
-. ,,.L 49,, hnIIprs were disOOyeI 10
% VIII o ST' but " prices we're fairly steady
nntil near the close, when liquidation
became pronounced: Exports "'"'VVu
Nav opened &c lower at 2ihH2ihc.
where it closed.
Oats held remarkably well during the
norninE on very small trade. The
bockwordness OF the weather caused
somc anxiety among shorts and the
covering OF a few lines caused slight
advance. which was lost later as wheat
grew weaker. The visible supply dc.
Creased 100000 bushels and seaboard
cIenrances were $4,000 bushels May
onsncd unchanged at l7hc and closed
" Provisions opened weak and contEn-
used to decline Notwithstanding much