The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-14

fil7Elf ~ ~ - r 800 = - - n :
The close the, day before. There WAS
substantial reasons for. the opening de-
cline. The liverpool market wa *
loSeri TO begin With and n little later
and stu before trading commenced here
the deeli1e had deepened to a floss of
from tisd TO ND perennial. Paris was
likewise somewhat lower at the OPEN
Ing. The Minneapolis and Duluth re-
ceipts were 332 cars against sI6 u week
ago and ~ the corresponding day OF
the year before. Chicago got % cars,
against II last year; three carloads on.
w OF to-day's Chicago receipts were OF
contract quality. The explanation. Of
the extreme weakness at Liverpool
was that Argentina was offering wheat
very freely, London also cabled that
carBoes on passage were very weak "A
rise OF &c a bushel that followed If
teen minutes OF free selling was partly
due 10 fear OF complications with
Spain, arising out OF the rioting snid
70 be prevailing In Havana and which
caused a few. tImld shorts to cover. The
price of May declined In a few minutes
after the opening 10 S97 d90c, then
gradually hardened until 90Sc was re-
nllzed for one or two 5000 bushel lots
Business was very Hight and for an
hour or more the alterations In price
were merely between offerings ut a0i.c
and buyers at the same, Tie Closing
quotations from foreign markets gave
Liverpool resting at from 81 TO Id de-
cline. Paris -four unchanged for Janu-
arg and 10 centimes higher for March,
Jrne; wheat 10 confines lower Tor
January and 10 centlmes higher Tor
Narch-June. Primary market receipts
aggregated 10000 bushels. against 2Io.4
900 bushels a year ago. Shipments frcri
Atlantic and Gulf ports were equal in
wheat and fouc together TO 32l, 900
bushels. The effect OF the generally dis
couraglng news was that prices In the
afternoon began to tend downward
again, with buying support from only
those who had puts to protect their
purchases. Some Buying orders from
members o: die bull clique changed
the complexion Of the market In the
last hour. May had previously declln-
ed TO soc. but It was well supported ut
tha. figure, rot ou,y bv the s-eiter
crowd, but also by shorts. The market
gradually rose 10 so%G9oac, bu: react
ed to 9Olsc Few minutes before the
Close, uuu WIS ~ Ls.Il ab u1G NASti tnS
session ended.
Corn was firm In spite OF the dizziness
OF trade and the early wheat weakness.
There was some country buying, sut.i-
Client to take csie Of the offerings and
buyInU by I. oss- who lad sold calls"
and found the rs-k., against them was
factor l. se-. The range OF prices was
narrow. May ranged from 9sAc to
2SSG29c and closed q shade higher at
a9Sc.
Maikst for oats gas very dull. There
was some tendency for time toward
easlness, though for no well defined
reason.b but this sentiment was ultimate
ly quelled by the intlusnce OF corn and
wheat There VS. no important trad
Ing either way. My ranged from
23Sc to 23E92sSc, and closed un-
changed at 23;sQ23Sc.
Market for proVi5l.ns was dull.
Prices were steadied early by the
very small hog receipts, but gradually
weakened on increased offerings from
local traders by English houses. Fig
ures showing heavy increase In pack
ing for the week had a bearish In
fuence. At the close May pork was
TIC love-. at SO Az: May lard nc
lower at 81 I7A and May ribs TIC low
er at 81 72Es
Estimated receipts Friday:
Wheat, 30 cars: corn. $40 cars; oats,
30 cars; hogs. $4,000 head.
The leading futures ranged as follows: