The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-05-02
Breadstur. and Provisions.

CHICAGO-Quotations had a general
advance to-day on the board OF trade.
July wheat gained 1S@1hc. corn &c,
oats &c, pork CSC, lard 17kc and ribs l5c.
May wheat ruled quiet, closing Nc high
or, Shorts covered moderately In all the
pits preliminary to May delivery on
Monday. Trading in wheat began very
quietly ut IN advance OF NC. Liverpool
quoted spot grain unchanged; futures
nd higher. Weekly exports Of 4.l6l,0O
bushels had a good effect and July,
which started ut 93Xc. rallied to sic,
The strength was only momentary, how
ever and July sagged TO 93hc, yester-
days close. Beerbohm's cablegram es-
innate Of the total weeks shipments
from all countries to Europe that might
also allay foreign fears for n stoppage
OF supplies, the authority In question
placing the worlds exports at S.soo,Ooo
bushels. Minneapolis and Duluth re-
celved 495 car loads OF wheat, against
only 3lS a week ago and 435 last year,
and for the week receipts at the two
points named were 1856 cars more than
the week before and POI In excess Of the
number OF the corresponding week OF
1897. Chicago received 146 cars, against
only Is a year ago. Seabonrd clear
ances amounted to 440, 900 bushels, wheat
and flour. ) Continental cables showed
Nc loss at Paris and Nc advance at
Antwerp. The coarse grains-7corn and
oats-showed considerable independence
and their advancing tendencies helped
wheat. John Cudahy was credited
with buying July to cover short sales
and afforded about the best support In
the pits.
Wheat trade was really narrow md
orders hard to execute. July started Nc
higher at 93Xc. touched 94c, reacted to
93sc and advanced steadily to 95Sc,
closing at 9iS@95c. q net gain Of $50
1kc. May ranged between 81 20 and
81 21H, closing at 81 20A, q net gain of
Nc.
Corn was firm and fairly active, but
the advance was confined to 40 for May
and SC for July. No feature of special
interest developed in the trading. Re-
ceipts were 597 cars. The days clear
ances from Atlantic ports, including
Newport News. were LOSE, 900 bushels.
Closing prices were May 23Hc. July 34Sc
bid.
A very large business was transacted
In the oats department. The main fea-
ture was the covering by shorts and at
times they had trouble In buying. There
was u good demand for cash oats and
12o. 900 bushels were reported as worked
here for export. Receipts were 364 cars.
From Newport News 103.2 05 bushels
were cleared. July opened 17sc higher
at 26Mc, advanced steadily to 26%c,
closing at 262c, a net gain of &c.
Provisions were strong from start to
finish and were at the top prices Of the
day as the session was ending. Local
receipts for the day were 5000 head
and prices up SC. Liverpool reported Cd
decline for certain cuts OF bacon, but Sd
higher for lard. The weeks run Of hogs
was 209, 900 head. against 1853, 900 head
last year. There was good buying by
packing concerns, and especially good In
lard, which has Eon to o still further
premium over meats. July pork ranged
at 81 15911 s.. closing &c higher at
s11 IS; July lard sold at S. 7795 80, clos
Ing at IS 80, q net gain OF TIC: July
ribs ranged at IS 55G5 Go, closing 15c
net higher at IS 65.
Estimated receipts for Monday:
Wheat 10 cars; corn c. cars; oats $50
cars; hogs $1,000 head.
Tho leading futures ranged as follows: