The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-09

ingly strong most Of the session, but
closed NJ unchanged figures. Oats closed
II shade lower and provisions closed at
declines ranging fimm "a to 7laC.
Wheat opened weak, the first tranSac-
lions In May being from 75Ac TO 7b3Sc or
from &c to Asc below the closing price
Saturday. In the face OF the confident
predictions that war envelOping all Eu-
rope IN It's bloody folds was Inevitable,
the aspect OF affairs this morning was
surprisingly peaceful: the English con-
soils were up 7-lGc since Saturday and
that was the chief reason for the decline
with which wheat started. Before the
resolution had progressed very far there
was an unexpected aud quite material
rise In corn, which caused wheat tu re-
spond Sympathetically. May got up TO
75M@76c, OF within &c OF Saturdays
closing value. That was the highest
point 1t touched and then commenced
decline which by HE o'clock had re-
duced the price TO T47Sc.
StatlStlcally the news was quite as
bulliSh as any one had expected, the de-
crease In the amount OF ocean passage
was 800 900 bushels and the visible sup
ply decreased over 1000 bushels. The
worlds shipments last week were again
sensatIOnally light. only 2.SllO bushels.
against 1886 900 week ago and 6,6Il 900
bushels year ago The English visible
decreased 10000 bushels last week. Min
neapolls and Duluth receipts were only
254 cars against $50 week ago and 4l6
last year. The falling on was attributed
to the severe storms In the northwest.
To the early advance Of 7-l6 per cent in
CunsolS was added u further rise OF 5-l6
per cent later In the forenoon, milking
the days gain l l-lG per cent. The latter
tg,n N
ThOman'S report OF wheat In farmers
hands md which was very bearlsh. II
was that combination OF Thoman and
European peace. but chiefly the latter
that held the price down after It's first
rally and kept II dragging to the end.
May got down to 74&c about half an hour
from the close. but the taking OF $4,000
bushels OF wheat here for shipment. with
IS boat loads at New York for export,
caused a reaction to 75D75tSc, at which
the market closed.
Corn started with Il rush, making &c
advance, while wheat was hUrrylnG In
the opposite direction. Shorts were &C.
tive buyers on the poor inspection and
the unfavOrable weather and the market
was very lively for a time. The contin-
ued weakness OF wheat had its effect I'M
tlmately and all the advance was lost.
Clearances were light, $4,000 bushels:
NAV opened nc lower at 24Isc. advanced
TO 25Ec and reacted to 2ifSc, where It
closed.
There was a good lively trade in oats,
The market jogging along after corn.
Early in the day there was good short
demand and this coupled with sympathy
with corr. caused a good advance. Trade
dropped on later In the day and prices
followed corn on the downward path.
closing Mt a slight decline. May opened
shade lower at l7MIl7tsc, advanced to
lSc and reacted at l1&GlTi2c. where It
closed, Provisions were fairly active.
Prices went up sharply after subStan-
tally unchanged opening. on the buying
OF a good line OF pork. with this out OF
the way prices declined as fast as they
had advanced The market was quiet
blu, steady for the rest Of the session. At
the close MAY pork was about TIC lower
nj $3.50: May lard &c lower at a 10 and
Nav ribs about &c lower at 81 40.
Estimated receipts for Tuesday
Wheat so cars; corn $50 cars; oats AS
cars. hogs $4,000 head