The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-03-13

ness changed very weak market into a
very strong one In five minutes time.
Corn and oats were Independently strong.
corn closing hdiic higher and oats
about lsc higher. Provisions advanced
IlsWl5c Wheat opened ut close 20 yes
terily's final price OF 72Sc, the first sales
being made at 7eisc. but with decidedly
nervous feeling noticeable, Foreign
markets responded willingly 20 the de-
cline which took place here yesterday.
Liverpool started with n decline Of from
Id per GENITAL FOR March and lisd rcduc-
ton in May and came In a little later
with further ed fall In March and I'D
in May, while Berlin reported LIZ marks
decline at the beginning. With the ex-
cepttOn OF the cold wave, which mnde
shorts a little nervous and resulted In q
small monetary advance. there was
nothing In sight TO change the bc1rish
feeling which prevailed yesterday, and
liquidation on a large scale snon COM
mcnCed. holders being further dlScour-
aged by the belief that the market for
the time was without bull leader. The
result was that May had sold down 60
~ before II 80 o'clock, two or three lots
selling As low as 7l1sc.
Chicago received 10 carloads or wheat;
Minneapolis and Duluth received l72
cars. compared with 2SS last Friday and
go the corresponding day of last year.
The seabuard clearances were again very
light. the Atlantic ports giving the total
az equal TO only 1000 bushels In whea;
and flour together. That was one OF the
bearish factors watch led TO the addi-
tinnal selling when May was bringing
&c. that broke 70 7lhc.
About one hour from the end OF the
session after she price had recovered TO
1,rNiy.Rgs n
be bidding for and taking wheat freely
al that and the Scalpers being short TO
man. q sudden fear OF the consequences
possible after IL straight &c per bushel de-
cline seized them and Ia three minutes
the price was up 20 T2is. The price hadc
another wild squirt in the last ten min
utas, when Il was rumOrsr that 100 boat
loads had been sold at New York for cH-
port. The price got up 10 T3c on that, and
though the figures were afterward cor
rected % read only eight or ten boat loads
a. the extent OF the days business the
shorts could not get over their fright anu
May was bringing 12b@73c as me ses-
sion closed.
Corn dragged during most Of ;he ses-
sion and had no life in II until whea; be-
came 50 strong near the close. Then
traders woke up and put some energy In
The market during the last moments.
Ever during the extreme dizziness, !low-
eyer, prices held stubbornly. Clear3nce5
,yers ASs 900 bushels. May opened I'M
changed at 24SG2Iitc; sold al :4u:4ise,
then advanced 10 sI7sc, where It closed:
Oats were firm. especially no when the
weakness of wheat was taken into con-
aIdcration. There was good demand
nom s,lorts and some large lines changed
hands. Seaboard CleIrlnce5 were 10000
bushels. May Opened unchanged Al 10
lTIsc; sold at l6TsIlIc and advanced 10
and closed at lSlGc.
Provisions were consistently strong all
day. Prices commenced with moder-
ate rise on the small hog receipts. which
have been n factor all week. Packers
were good buyers and there was consld-
cradle speculative support, the result be-
ing a slow, though steady advance.
Al the close. May pork was l5c higher
al 81 so: May lard 7i=c higher AZ - 2op
4 aaI.. and May ribs l2iEc higher NJ
81 57is.
Estimated receipts Saturday:
Wheat 20 cars; corn l25 cars cats 2VO
cars: hogs 1900 head
The Ieading futures ranged as follows: