The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-26

Fort wayne.....1eg do preferred. 20 q
Illinois Central. .1o6k Gen. Electric... ass
Lake Erie & w. l5 Illinois Steel.... ~
Lake pshore..1sia do DO preferred .iSs
Lou. lle Nash..,.i ssh Pacific Mall..... 30A
Mich. Central...l0StS Pullman Pal....lI6A
Mo. Pacltic....., 333s Silver Germ. 6tp5
N. j. Central.... 81 q Sugar ..........1SiA
n. " Ccntral....ll6 do preferred. .1lsS
Northwestern ..12lts Tenn. Coal 81. 2i55t.
do preferred...l65 o.. s. LEATHER. 81
Northern pac... 2Gt; do preferred. 6 y,
do preferred" 6ia western Union. s0N
Brea,l.tutls and Provisions.
CHICAGo-January wheat sold at 81
to-day. The price was bid up five cents
In as many minutes by brokers acting
for the Letter crowd, who some believ-
ed, took this method OF advancing the
price OF May. January closed at 97ikc,
an advance of &c February closed at
nc advance after many .erratlc fluctu-
atoms. Corn was dull. but firm and adj /;
vanced ts@Ac. Oats closed a shade
higher. Provisions were active and at-
vanced 5915c.
The opening In wheat was weak, May,
which closed yesterday at 93Gc, start
ing to-day at 93Sd93Ac and 'compar-
atIvely little trading was done, even at
these prices. The weakness was due. to
both foreign and domestic news. LIVER
pool cables iwere but I'd higher at the
opening there and even this, slight ad-
vance, was soon lost. There was 90 con-
flrmation OF the sensational reports OF
yesterday afternoon regarding the
Austrian demand for Argentine wheat
or of the Russian Importation OF Ger
man grain and news from Havana was
very pacific. Heavy SHOWS were gener-
II .IHT strta f,,-Ina go fry
Minneapo and Duluth received 32S
! carloads. against $50 the corresponding
day of last week and 1T the similar day
OF the previous year. Chicago got IS
cars, against As q year ago. Primary
market receipts in the west were $4,000
bushels, against lis, 900 n yearago. The
Atlantic Port exports were very liberal, 4
being equal In wheat and -four to $751;
900 bushels, that includes considerable
quantity from Newport News.
About forty-ive minutes after the
opening the pit was set In commo-
ton, January being the center OF Inter-
est. That delivery was uominailyA
worth CSC t yesterdays close and was
offered at 9iac at to-day's opening.
About lis, however, brokers for Letter
began bidding for January and the
price was advanced so fast that for a
few minutes II appeared to be fairly
running away. From Csc 1t Jumped &c
and cent at time, brokers raising
their bids that much until 81 was bid.
Then the reaction came, the price drop,
ping almost as quickly as It advanced,
J It brought up at 97c and for the rest OF
the session was comparatively quiet.
The gyrat!ons OF January were general
~ believed to be due to q clever move
on the part OF the Letter crowd, who II
was thought took this method to ad-
vance the price OF May. This belief was
strengthened by the unloading which
took place In the latter option at 9ic, to
which price II was carried while the
pyrotechnics were going on In Janu-
ary. AlIen-GrIcr were said to have ia
ken $50. 900 bushels OF January in get
ting the price to dollar. For the rest
OF the morning. May was rather ner-
rous, though no great trading was
done. Bradstrects visible report, show
Ing OF 7sl. 900 bushels was disappoint-
ment and was a factor In the decline
5 10 93isc. which took place after the
bulge to Sic. gS55
~ Late In the session. however, reports |
that Italy's bread riots were Increasing
and that reserves had been called out,
started some brisk buying, and May was
advanced to qhc. The closing price |
was 935sc. Not much was done In July,
and prices rather tended downward. 1t
ranged between SEC and S4hc, md closed |
at size, shade under yesterdays price,
Corn, though inactive )! was decidedly |
firm. Moderate receipts and the stormy
weather west caused some investment |
buying, and also resulted In moderate
covering by shorts. Offerings were very
limited. The late strength OF wheat was |
also a factor. May ranged from 29K to
( 900, and closed h4Ac higher ut 29IS@ |
2sEc.
Oats were firm all day, though trading
was even smaller than in corn. 1t was
a scalplng trade, with prices influenced |
by the strength Of wheat. May ranged |
between 235bc and 23gc, and closed a |
shade higher ut 23X q 23Tsc.
After a rather easy opening provisions
turned strong, and remained so |
throughout. Scalrors were against the |
price early, but trade soon broadened out,
outsiders coming the market quite free
Is. and this, with good buying by local |
operators. advanced prices steadily. The |
close was strong Mt about top prices.
May pork 12Isc higher Mt $40 02h; May
lard 7isc higher at 81 92Is, and the May |
ribs TIC higher at 81 97h.
Estimated receipts Wednesday,:
Y Wheat, 90 cars: corn, 100 cars: oats, IL.
cars: hogs, 10000 head. 81
Cash quotations were as follows:
i Flour firm.
Wheat--No. 2 spring $4,000; No. 8
spring (hard) 9o9s2hc; No. 2 red $50
97i4c. Y ,ist z. n &.
Corn-No. 2, 27A9?73tc; No. 2 yellow
'27KG27ic. n h Z. NJ g
:: oats-No.s ., 23l4c; No. q white 23E @
23nc; No. 3 white 2i62i%c
Rye-No. 2. ACC. a 3 + & y
= Barley-No.i2, 27ik92sc.
Flaxseed--No.1.! 81 2S.s
MISUNDERSTANDING, s2T5.
Mess Porls--Pcr barrel 80 02 V 10 97Is.
Lard-Pers 100 ibs.,. S2Ii "a Sc.
nj Short Ribs---Sldes (loosc) SO S0D5 10:
NJ Dry snltcd shoulders (boxed) Az G5c!a