The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-04

CHICAGO.-The bears In the wheat
nit. with the exception OF short time
shortly after the opening, had things
their own way to-day, forcing the price
OF May down to 4 point &c below yes
terday's closing. Weak cables and
poor foreign demand were features OF
the decline, Corn and oats were affect.
ed 10 the extent OF ]sc decline each.
Provisions. on the contrary, were firm
and advanced 7jaUlOc.
Liverpool was a factor at the opening
OF the wheas market to-day That
market had dropped Nd Of the previous
DAYS. l&d advance and It Is remarked in
connection, although the damage to
winter wheat in Russir. was said to be
serious. offerings OF wheat from there
for spring shipment were quite liberal.
That was the chief reason for shade
OF easier feeling here at the start. May
wheat, which closed yesterday ut 151
d755.c, being offered Mt from I5Stc
down to Tii.. a drop OF 4-l6c in Eng
fish conso,s and reported flour sales
,mnIc Yesterday ut Minneapolis
amounting to about 100000 barrels,
caused II temporary firmness, which re"
suited in an advance TO f6isc. This oc-
rurred about half an hour after the
opeuIng. After that the market was
uncompromIsingly weak, n feature Of
tho week. and from the fact that
mo business was dull. which In itself
10 generally Il sufficient cause for a de-
cline The closing prices OF the foreign
markets. showed q decline OF from Id
TO lItd at Liverpool for the day. This
partially Offset the effect or the decline
In consols, and when small seaboard
Clearances and an almost entire alb
sence OF foreign buying orders were re-
NJ NlU n
10 decline. gradually, but steadily. 1t
cot down 10 75%c before rencting more
fbnn &c. and only recovered to 7jHsc
before resuming It's downward course.
About an hour from the close May sold
ri 7I7sc. Chicago receipts were Il cars
nrJ withdrawals from sore to-day We're
"a 6aa bushels. Minneapolis and Duluth
rcccIvcd oS3 cars, against 1870 week
400 and 43I on the similar day OF the
vSor before Atlantic exports OF wheat
and flour were the smallest OF any day
FOR n long time. being equal to only DO
600 bushels, the total wheat being only
2S 7Si bushels. The market had CONF
paratlvely steady buying at the closing
hour A7sG75c being the ilnal quotation
for May. 81, .,.. -,
tho range OF prices barely &c. The soft
SrclInr In wheat Influenced it some, as
vol as the gradual decline in the eX-
noris The speculative demand was
i,OLt and there was some tendency on
,bn mart OF longs to llquidatc. Clear
oncos were not so large, $4,000 bushels.
%In,, nncnpd unchanged ut 2ilAC. sold
n SlXc. then declined 10 2iC, where 1t
''T There was scarcely any speculative
trading in oats and nothing OF interest
JevoIoped. Prices were confined TO n
Norrow range and was controlled en-
tirrly by wheat and corn, May opened
unchanged at lGAc, sold between lIhc
and l7Ac and l6fsGl'c. ana closed ut lIc
%tT Cinnrnnces were light, 10000 BUSH
ais THE only firm market on the floor
v ,,.a,, nrnvislnns. aud the excellent de-
,nnnd which packers report for the
ma'% nrnncrty was given AZ the cause
~ tbn sncculatIve strength. Packers
$50 I,ernI huyers and advances were
,'',,,'rinI or lOc in pork and 7iSc in lard
nrI TIbg May pork from IS 05 mt the
'tnr, rose 10 IS i5dS l7ia and closed ut
SS IN MAY lard sold from 81 o. to 81 10,
leaving or nj the latter figures and May
rIbe from 81 l1ls rose to ana closed at
81 %. - r,,,,..a,.. ,,,,,.
IA rnra: corn. 2i5 cars; oats. 2A5 cars;
'% Gosh pI mutations were rs follows:
S!g" . spring 7Ic; No. . red
S3s aisle.
0otS-No. 2 i6IsGiG%c; No. white
i9lLC: No . white lie,
PSrlcy-gNo. . nominal; No. . 2593ic;
No. I 25hc.