The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-04-02
nread,tuas ana Provlalon,.

CHICAdO-AI May wheat to-day closed
at a loss Of &c and July at a gain OF
Nc. May sold at one time below zoe tor
the first time in months. but the market
recovered. Liquidation caused the early
decline and bad Missouri crop report
the subsequent recovery. Corn and oats
were arm aud advanced about &c each.
Provisions show very little price
changes,
In wheat the situation at the start
was fully rs favorable for the bears as
was the case yesterday and In conse-
uuence traders played for a further
break. The Liverpool market opened
from steady at unchanged prices to I'd
higher, and little later at I'D decline,
compared with yesterdays close. Min
neapolls and Duluth receipts were
again very heavy for the time OF year.
the number OF cars reported being bSI
compared with 3l3 Thursday Of last
week and $50 the corresponding day OF
the year before.
The light receipts last year were due
OF wheat In Liverpool warehouses were
5000 bushels smaller than March
/, and OF hour 5000 sacks
larger A Beerbohm cabIegram
said stocks Of wheat in Russian ports
March 10 were 10000 900 bushels. against
1920 900 bushels at the similar date the
previous year. The opening price for
MAY varied IN different parts Of the pit
from 7O5sc to 70iSc, against yesterdays
closing price OF TOHc and touched 1O&c
before It made n plunge TO 6shc. AZ
zoe there were number OF waiting Or
Ilers both to buy and sell and after q
hot fGht during which 1t slipped and
fell, the other &c, the buying side be-
IAN gradually 70 get the best OF It.
Trade was only moderate and while
more long wheat was thrown over on
the decline. there was more wanted at
the same time to cover shorts, The
trade did not improve to any extent,
however, and no fresh move was made
until about 1880 O'clock, when the aIis-
souri, state crop report fgures were re-
celved and that showing as bad q COM
dltlon or worse than generally looked
for, the price jumped quickly to IOSg
70%c. The general condition for that
state was reported &c. The acreage
soWn In the Tall was said 20 be the same
as last wear. but It was further stated
"a per cent OF It would be plowed up.
During the last hour the poor export
and milling demand caused a slight de-
cline In prices, May closing at i015c.
Corn followed wheat only when that
market turned upward. Although trad
ING was very dull. prices held steady,
helped by the small receipts, wet wealth
er and enormous seaboard clearances
amounting to-day to 1,l36,00O bushels.
Prices at no time showed more than q
&c huctuation. May opened unehang.
cd at 24Hc. sold between PAX @ 24tbc and
25326ikc, closing firm at 25c.
In oats steady feeling. an extremely
dun trade was reported. No features OF
interest developed, the strength display
cd by the market being almost wholly
due TO sympathy with corn. Seaboard
cIearances were liberal, 100000. May
opened unchanged at l74te, advanced
Ia i7K Blitkc and was bringing that
nrIce al the close. Provision prices were
rather firm and business showed some
Improvement over yesterday, though
gtiil far from active. The opening was
strong on small hog receipts. After q
moderate reaction prices 4lrmed up
aTaIn on the strength OF thc coarse
grain markets, the markets closina
Steady, with but little chang. May
pork closed unchanged Of SS 5Iz May
lard QUO higher. at 81 Is and May ribs
sltc higher, at 81 67l4f4 20.
ESTIMATED receipts Friday: Wheat,
IL cars; corn, "a cars; oats, ITO cars;
hogs, 1900 head.
1SIc leadinE futures ranged as follows: