The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-11

CHICAGO-Wheat opened weak to-
day and after a temporary short rally,
became heavy again and closed ut u NO
&c decline. Part OF the weakness was
due to the fine weather and part to the
strong British Consols, which Temporal
lily dIssipated the idea OF European war
All the other markets shared IN the
weakness OF wheat, corn declining &c
and oats &c. Provisions closed un-
changed TO &c lower.
II has been sometime since the wheat
market has been so dull aS II was during
the morning hours to-day. Traders APP
peared to be unwilling to do business IN
view OF the present uncertainty or poIiH-
cal affairs In Europe and even the bears
with almost everything TO encourage
them. took hold very ginGerly.
English consOls were unchanged ana
LIVERPOOL quoted whea; from I'D higher
TO Gd lower at the opening. Those were
the features OF the early news which
caused wheat 20 be offered for sale at the
opening from T5c to 7iIsc for May as
compared with T5hc nt the close yester-
day. Fur the next hour the market
showed some strength, the only time
during the day.
II was reported early In the day that
New York exporters had taken freight
shipment and that there was good IN
uuIry here. The export business at New
York was confirmed and very soon de-
tails OF cash business done here 10 the
extent Of $4,000 bushels were in clrcula-
ton. This stIfEened the market 10 l5Isc,
Bradstreets report, which was expected
to show n worlds visible decrease or
4. 900, 600 bushels. was a great dtsappolnt-
ment when It was announced. II failed
10 give the decrease in Europe and nfiodt
and gave only 100000 bushels decrease
east OF the Rockies,
The favorable weather was also de-
pressing factor. and very Gord reports as
10 the crop conditions in Kansas we're re-
ceivcd. Minneapolis and Duluth report
ed 800 cars compared with $50 week ago
and S2l the corresponding day OF the year
before. Chicago received Is carloads.
against 70 a year ago. but the rail ship
Yaeats hence were only $1,000 bushels,
compared with $1,000 bushels sIn; cut
last year. -,
Closing Continental cables were all
lower and cdns0Is at an NC advance. ana
May which had rallied TO TAN. after
touching TiIG74kc. turned weak again
nnd sank to 74ha7IItc, The market
closed at fSmTtt1c.
Corn was firm as long as wheat was
going up early In the day and the llgnt
receipts steadlcd the market for time
after that. II became very heavy tn the
last hour. while wheat was at Its ebb.
and the pit which had been almost de-
serted, was filled with brokers anxious to
unload. their efforts resulting in sharp
decline. Ciearances were $4,000 bushels.
May opened shade lower at 2412I24Nc'
sold an eighth higher. then declined to
.iAc. closing weak al AhG24kc.
Oats opened steady enough. but sold
on later and wound up the day In a de-
cldedly weak condition for futures, al
though the sample market was firm, due
TO small receipts, A good deal OF tiQuldR-
tlnn was done. chiefly through sympathy
with wheat. May opened unchanged at
l7lsc and declined 10 l7hc. where II
closed
Provisions started firm on the small
hog receipts. At the opening advance
packers BECAME free sellers. and as the
weakness Of the grain pits encouraged
shorts to sell also. a gradual decline re-
suited. English houses gave little Sup
mort toward tho end. but final prices were
The lowest % the day. At the close May
pork was 2sc lower at s. 20: May lard
SC lower at 81 10 and May ribs unchanged
at 81 37lad4 40
Estimated receipts Thursday:
Wheat II cars; corn 100 cars: oats 100
cars: hogs $1,000 head.