The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-06-18

CHICAGo-The uplifting OF the cur
tain Of rain charged clouds that have for
about three weeks overhung the west
ern American skies let In such floods OF
sunshine to-day that values OF wheat
were withered. !; July closed with a loss
OF Sk93Tc and September 2h@2Sc.
Corn left off 1%@l1sc lower and oats
are down &c. The declines In provisions
were: Pork l2Asc; lard 5G7Ac, and ribs
| SC. 30
Weakening markets and brilliant
weather In the winter wheat belt pre-
scented IN opportunity. for short sellers
OF wheat which they fastened 10 avail
themselves OF at the start. September,
which closed yesterday at -70tsIT0&c,
started to-day at from zoe down to 6S%c
and after touching 70kc for moment
it began to roll down hill and did not
| cease its descent for two hours, except
to gather force for n further fall. In
that time It had declined to 6SAc De-
cemher In the same time had sunk from
f0hs970hc around the opening to 69H @
69Ac. July had sold off from 7SHc to
76Ac. Everybody sold wheat and evin-
ced no disposition to buy1it bncl1. even
on such q break as that shown above.
There was nothing In their minds up
parently, but the coming OF great
crop of new wheat here and In Europe,
and the fastening of the advent OF the
home crop by the cessation of rain and
the fair, warm weather that had gener-
ally succeeded II. The market refused
to respond for more than few min
utes Mt time and then only small
fraction and grew stsll weaker as the
close of the session approached.
Liverpool was SID lower In July md
1Md In September. The Paris market
was heavy also, and Antwerp extremely
weak. The domestic receipts were
small and Atlantic port clearances
large, but such matters were ignored.
The receipts at Chicago were, nine cars,
against eleven year ago, and at Min
neaaolls and Duluth seventy-seven car
loads, compared with 237 the CORES
ponding day OF last year, 1900 bushels
q year ago. Atlantic port exports OF
wheat and -four were equal to seven
hundred thousand bushels. Argentine
shipped only 272,000 bushels this week.
July opened lc lower at 7S17Shc; sold
down to Tfikc. up TO 7Sc; then dropped
off to 75lhc, the closing quotation. Sep
TENDER began AGGc dowr at Zoe, de-
cllncd 10 G97Sc, advanced to 70hc. then
fell Off to 6SiSc bid at the close. The re-
appearance OF the sun In the western
country had n depressing Influence on
corn. II thawed out n good deal OF
long corn that holders had frozen to
for some time and Il all dropped Into
tho, pit july opened MONO down, at
32I G33c, sold on gradually to 3lS@S9c
bid. the resting price. ~. 81 n ii93:t
The weakness In oats was mulnly,in
sympathy with the other grains, al
though the weather was to some extent
n bearlsh factor. July opened &c lower
ut 24kc. advanced to 2iKci then weak
ened to 23Sc asked. the closing price. "a
rs The decline. in wheat and corn affected
provisions unfavorablyl There was n
desultory commission house selling.
July pork started zoe lower at 80 seq,
sold UP 10 81. 62i,Is, then declined 10
50 GO. the closing figure The range In
lard and ribs was ;unImportant.
z Estima ted receipts tomorrow:
v Wheat. S cars: corn,t 49, cars; oats
100 cars; hogs. $4,000 head sac
Cash quotations were rs follows: 4 d
Flour dull. IA i
Whcat-No. spring 7417Gc; No. 3
spring 70ISoc; No. 2 red SIC. a gs
Corn--No.1 ., 32Ho; No. 2Syellow 2ersc
5 onts-No. 2. 95o; No. white 2S!s Ga9c:
No. 3 white 2ih@37isc. 55; !, E51irt, 81
Bnrley--No. 2, 3aG35c. :st{k
Nlnxsecd-No. |. 81 1874. ISL ~
TimothSsced-Pr!m 81 co, <
Mess rork-Per barrel 50 COCO G5.
u Lard-per 100 lbs, S. 75G5 771ls. Z,
Short Ribs--Sidcs (loose) .s5 SoG15 G5.
Dry salted shoulders (boxcd) Az GD5c
: Short clear sides (boxcl) S. 1905 90. 4
On tho produce eXcnanRs to-day, tho