Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-04-10

May s. 20 $50 S. $50 IS 20
July asls ssls S . 500 So,
Lard
5 Hly y! -. ~! 3: Il! %. i 81:
'- May -''0i 5sps As 45s1. 4@@
July 4523. 457H 4 52ls 4 s.:
CHICAGO. April ct was supposed that
| Wednesdays decline of CSC marked the
| bottom Of the descent which has played
havoc with wheat prices lately. This was
! proven erroneous to-day by a dvcuhe OF
/ Use from yesterdays price. May Closing
al Assc, the lowest price in many months;
! Weak cables started the rumpus anu
heavy liquidation kept it going. Corn ana
| oats were weak in sympathy decilhlls
sS1Ssc respectively. Provisions. on the
contrary, were firm and scored advances
ranging from 2le to Zoe.
Liverpool disappointed the wheat tradr-
erS at the opening by quoting decline Of
| Ssd per Genital in derislon OF ChIcaSos UP
OF the day before that the decline nad gone
! IA renOugh. That caused starting prices
| here TO show from a TO sc per DuSnel;
May commenced at 66$sc this morning ana
| July at from 60'sc 10 66lsc. OF dpouI
twenty minutes the tendency was d0Wn-
ward, until at csc the price Tor poll
months came together That amagdnla-
ton Of the quotation did not last over
| TWO or three minutes, however, anu W u
| l0NN separated II was IOuNQ tlldt jury nov
! changed places with May, lnasmCcn as
| during an advance of lie per buShel IN May;
| which began after touching Coo, II lydu
| July by little over Csc, for whsn May
more than G6l2@6G9sc The highest quota
/ lions referred to were made about IL
o'clock. and by 1l:45 the prices were down
again 10 66ssc for May and 60 Tor July.
The advance was caused by 4 lTeSh
| batch of Kansas crop damage reports ana
| the strength of the ST. Louis market from
| where they We're sent. MinneapOhs anu
I Duluth received 3G cars. against ~ last
! week and the same number year ago.
| The large export business repoted yester-
/ day-SO0. eco bushelS-Was received Win
| considerable suspicion by traders. ] ne
| Liverpool corn trade news reported the
| decrease i'm European stocks and quantity
| afiOat from March l TO April !, at o.JUUWU
| bushels. which was much too small Il
| diminutiOn 10 be considered othen tnan
beariSh. About u o'clock stampede OF
| holders commenced which in fifteen min
] ut5s tumbled the price of May TO 64i2c.
| Closing cables We're no weaker than those
received earlier in the day, and the only
! cause for the fresh break, which threw
everything into decentralization again, was
| the inviting field for short selling whlcn
| market so devoid of support from Out
| side speculation displayed. The break was
! partly due to the closing out OF apout
/ $50 GOO bushels of long wheat held Tor New
! York speculation. Numerous orders 10
! stop long wheat losses ~ 6lc contributed
! price for May was 645sc and for July 64i2c.
/ The latter sold as low as 6iSsc
Corn ruled weak offerings 10 arrive ne
| ing liberal and demand rather slack;
! There was increased May liquidation and
/ trading became heavy when stop orders
! were reached. Gables were better but the
/ influence of the wheat market was too
! strong TO be moved. Exports were large
| aEain-7SS 900 bushels. May opened a
J shade lower at 23i2c, sold rs low as lac
/ and closed weak al 22'sU25c.
Shorts were good sellers oI oats, ana WIN
! the assistance of quite heavy liquidation
| by the long element on stop orders
caused a very heavy market. Buying was
| urgent. nevertheless, especially by e!gHd-
/ tor people, and business was large. me
! weakness in corn and wheat and prospects
! OF large receipts were features OF the &c
| cline. The exports amounted 10 20 WV
! bushels. May opened about unchanged a,
I 1tl20l63sc and closed with sellers at lo'sF
Provisions opened strong and higher on
! better hog market at the yards. hackers
were the best buyers. Armour being. re-
! ported @ 5 q large buyer Of cash ribs. when
! ruled M July prices Cash trade generally
was reported good both here and al out
side packing points. Good support was
/ given the market all through the session
/ and prices ruled firm. At The close May
/ pork was about Zoe higher at - ~. May
! lard was about &c higher al 81 l2l2, and
| May ribs about 1i2c higher at 81 294i 2'i2,
Estimated receipts SatWday-Wheat, 5
| cars: corn, 145 cars. oats, lS5 cars, hOSS,
cash quotations were as follows:
Wheat TRS5 No No. . spring, Gr3a65aSc; No.
Corn. No. ,, 227sG22c. o.,,ooo-.
oats. No. >. 16c No. white, 2Oi9Q22c;
No 8 white 17l@Q204c
Barley. 10. ?. nominal; No. 3, 2714c; No.
Fiaxseed. No. l, 72g77. c.
Mess pork. per barrel. s. las 20.
! Lard per 100 lbs, 81 lGG4 l2l2. ,,.,
Short ribs, sides doose). 81 +oqi +2i22
Short clear sides boxed, i's0l4c;
| Whisky. distilers' finished goods per
$ Sugars cut loaf. 5.Clc granuiated 5.Olc.
! PzceiDfs-Flour. 1000 barrels; wheat.
6SS biisTals. corn. 1900 bushels: oats,
! $4,000 bushels; rye, 5000 busheIs; oarley'
Shipments-Flour. 1000 barrels; wheat,
IS 006 hushels: corn. 2i0o0 bushels oats;
I12 06o bushels: rye. none; barley, 1900
O1 on The Produce Exchange to-day the
butter market was steady; creamerles' Ii
| 01Sc: dairy 90l6c. ....-
| Cheese. firm at 1910 lostc.
| Eggs. firm: fresh, SHNSlc.
NEW YORK. April 9.-Flour, receipts.
| "a 46- barrels: exports. 1898 barr5lS' mar
! l,et oneued steadier but was weakened by
| n later break in wheat.
Tbeat receipts. 1850 bushels; exports;
! = oaS bushels: spot market weak; No. :
red 767sc No. hard winter. Use; options
opened weak and closed l9SG2c net ioWer
No. . red May. Il lS-l6a'2 lo-l6c' CLOSING a'
Corn receipts. G.S35 bushels; exports, 81
SO bushels; spot mark5t w(aS S$,. No. 2
2Siac May 2S,sa2sscco o closing al Sc norts
81 5i9 bushels futures; spot market quiet;
10 95c: options quiet and weak all day.
closing nc lower; May. A4-li4c' closing
al 2lc.