The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-04-23
iirrad.tnn, mud Provisions.

-tIloiudtioH sHpIL erlilNb
on the board Of trade To-day largely on
set heavy foreign buying and advancing
quotations abroad. May wheat. hoy
ever, was independently strong and
closed Mt nm advance OF nc. Corn and
oats closed practically unchanged. July
pork and RIBS declined 15t2c each and
lard lost &c.
An excited Liverpool wheat market
with the May future up there equal 10
about 4hc a bushel. started this market
to-day on a momentary rampage. The
actual inauguration uf war-iike meas
ures looking to the reduction of Havana
was the impeillng cause of the excite
ment at Liverpool and the opening burst
of buying enthusiasm here. The elc-
ments OF an excited bulge in Chicago
were lacking. however, for the heavy
local short sellers had covered on the
previous days advance and on the OPEN
Ing advance OF E@&c in July they were
ready to put out fresh shorts. The first
trades In July went over 4 range Of from
S9Sc to e0c, most OF the trade at tho
lower flgurea, and only q few succeeded
in getting DOC. The decline that followed
carried the price down TO SSTc, but that
proved the rallylng point for a fresh
advance. New York reporter all the Of
fers cabled the other side the night be-
fore accepted. The demand from coun-
try mlllers for No. / northern spring
wheat was urgent at &c over the price
paid here yesterday, but Letters broker
In. the sample market said ne had re-
fused all bids.
Chicago received 1872 ears OF which o.
q were contract. Minneapolis and
Duluth got ZIG cars against 20S last FRI
day and COS 4 year ago. Atlantic port
clearance were 3 $1,000 bushels In wheat
and flour. The total c%learances for the
week from the Atlantic seaboard have
been 5000, 900 bushels against $500, 900
bushels the week before. Argentine
shipments for the week were 1,112, 900
against 1000, COO bushels the previous
week. Spo; wheat at Liverpool closed
Cd higher for California and l&d higher
for futures. But Cudahy brokers were
persistent sellers OF September and De-
cember presumably on fine Drop pros
poets, and on the advance In ocean
rates the crowd began to believe that
war was bound to affect grain prices on
this side adversely. They accordingly
sold July which declined to SS9sc, rallied
to sec. but dropped back to SsAc near
the close, rallying finally to SSBGSSHc;
May opened at 81 is. advanced to and
closed at 81 14E,.
An active business was done in corn.
Flr,nEess in'Liverpool and large exports
helped the market for q time, but the
advance was lost lear the close. Re-
celpss were 465 cars. Argentina shipped
81, 600 bushels. Exports for the day from
Atlantic ports were 3GS. 900 bushels. The
weakness OF wheat near the close caused
n corresponding feeling in corn. July
which closed yesterday worth 33G3SEc,
closed at that to-day after selling up to
$3.50.
Oats covered 4 morrow range but held
finn. Seabclrd clearanccs were 1885, 900
bushels. Receipts were 40 BIZ. There
was some liquidation, shorts taking the
offerings. July opened steady at 24Hc.
said al 24c, and closed unchanged at
24Bc.
Provisions ac;cd similarly to the grair
markets. The great advance In prices
at Liverpool! were probably anticipated
by those who bought the day before and
on the stimulus given by the actual, rise
abroad yesterdays buyers had their ac-
cumGlations for sale. The advance at
Liverpool was Is Cd a hundred weight
each on bacon, lard and hams. RealiZ-
ing sales here had the effect OF closing
everything at about the bottom OF the
days range. Opening prices were the
highest Of the day at a slight advance on
yesterdays closing price. The final
prices to-day were at the following luss.
compared with those the day before:
July pork l5c: lard SC: ribs 15isc. July
pork sold between sll 5091I 10, closing
at sr1 10. Lard sold ut So 20 and S. co.
closing atthe lower figure. Ribs ranged
from S. 67Q5 30, closing at S. 50G5 81.
Estimated receipts for to-norrow:
Wheat 103 cars: corn $50 cars; oats
S75 cars; hogs Is, 1000 head.
The leading futures ranged as follows: