The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-04-13

contracts. the result OF the recent ham.
merlnE process by wheat bears forced
west for May delivery to 6iisc on Friday
last.
There was fair trade and moderately
active market In wheat during the early
hours. but the interest increased con-
siderable as the session advanced. The
feeling was firm. with first sales at a
trlhe advance and soon rallied nc more,
weakened lc. rallied l%c. changed some
and closed l%GlTsc higher. The early
strength was due 10 the advance In Liv-
erpcol OF Id. Berlin also coming higher,
There was a decrease on ocean passage
OF $50 900 bushels and the weekly worlds
shipments showed some reduction at
1855, 900 bushels, against A,6Aj,O BUSH
els last week aud 100000 bushels year
ago. ST. Louis was strong and higher
and was active on the buying side here
and had considerable to do with the rally.
The weather map showed more rain In
Nebraska and the Dakotas and was
looked upon as unfRvorable. While war
possibilities were not quite so certain
there was feeling OF uneaSineSs among
shorts and many covered.
The government crop report was APP
parently not much OF a factor. and sug-
gcSted a crop OF about sos. 200, 900 bushels.
Northwestern receipts liberal and was
something OF factor. The visible show
ed a decrease Of DOG 900 bushels against a
reduction OF lOlS.OOO bushels last year.
Total quantity now in the same Is 57,IO6.-
900 bushels against 59,33l. 900 bushels one
year back and 7O.4ST,0O0 bushels two
years ago. BeerbOhm cabled that Ar
Eentlna was asking for offers. but the
trade was inclined to disCredit the same.
ah fafh q "a
bushels. Advices from the northwest as
TO spring seeding were rather bullish. re-
porting that rain and that hoods would
greatly delay the same. Closing Liver
pool cables quoted futures %dlhd high
er. Crop advIceS from France were
again unfavorable. Exports were moder-
ate at 100000 bushels, OF which $1,000
bushels in -four. The market advanced
quietly later IN the day on the covering
by shorts, room traders having sold quite
freely on the previous decline. 81. Louis
sold up sharply and this market follow
ed, Flood reports from the northwest
we're apparently the main factor. Re
ceipls at Duluth were 27l cars and ut
Minneapolis 39l cars. a total OF 662 cars,
against 2si cars Saturday and 3IS cars
last year.
In corn as in wheat. the shorts covered
freely. The SuurOGs from which the
shorts always expected to draw their
supplies had dried up 10 considerable
extent this forenoon. When, from 23isc.
exports had gradually advanced their
bIds 10 2iAc. they got all they wanted
and more. The visible decreased $1,000
bushels compared with decrease OF 49,
600 bushels the year before. May opened
shade higher at 23ssc, advanced to FAC
and closed at 2tGf2thC
Corn opened with sudden advance in
prices. accompanied by buoyant feel
Ing. which lasted throughout the entire
session. shorts maintaining the tirmness
with free buying. sympathy with wheat
influenced the market TO some extent, but
the main cause for the upward tendency
came indirectly through the continuance
OF the wet weather and late seeding. a
decrease Of $685. 900 bushels In the visible
supply and falling nf lOca! stocks OF
l3S. 900 bushels helped TO advance.
May opened at l65ac and closed al l6Stc
sellers. In provisions, trade was fairly
brisk and prices higher. Hog receipts
were 10000 head instead OF $4,000 head
expected The higher prices for wheat.
corn and oats had a naturally stImula-
ting effect upon the provision trade. May
pork. which closed Saturday at s. %.
Opened to-day at IS 42ls and closed at
s. 55ffS 57iL. May lard. which closed
Saturday at 81 20. rested to-day at 81 2
sellers. Ribs from 81 67ls early In the
session, rose 10 81 I2l9, which latter was
the closing price.
EstIma ted receipts for tomorrow:
Wheat 6 cars: corn u cars; oats go
cars; hogs 1900 head.
The leading futures ranged AS follows: