The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-05-28

SCHlCAGO-Good weather. favora be.
crop reports here and abroad. lack OF
short interest and weak cables, caused
ia declinein wheat to-day. july los 4 q
SQicIand September ~ Glfsc. Corn de-
icllned - q nc and oats &c. In provis-l'
Ions the declines were 293;sc In. pork, 515c
iinlard and 1oc In ribs. a
N The only buying reason at the start,
In the wheat pit was the expectation
that yesterday sellers would be buyers
to.covcr shorts, but that expectation was
realized only to moderate extere. May
and July received from Letter brokers'
all! the support they needed during the
! first two hours and 1t did. not require,
the buying much to hold them. the dis
position to trade In May having long;
ago been crushed and all but obhterated
infJuly. The general trading was con-.
fined to September and December. Yes.
$terday's. short sellers of.wheat in this
market who were satisfied to buy In Sep-l
TENDER at from sec to S6lSc, appeared to
have got all they wanted by IL o'clock
and the price began to Yield for lack OF
buying. There was a vigorous trade;
lasting for about fifteen minutes, during
which the price Ut September went down
to S5c. May at the same time dropped
to 81 10 and July from 81 10 went down
to 81 OF. 81 e Il x 70
n The market touched bottom near the
end of the session, but reacted some be-.
fore the close. Atlantic exports IN wheat
and -four were equal 10. 954, 600 bushels.
Chicago receipts for the day were 232
cars against the year before. The.
total receipts at western primary mar,
n NJ aty,x-f QT1 NM
bushels the corresponding day Of last
year. July opened &c higher at 81 100
i 101s, sold down to 81 o. up to 81 10A,
! fell OF to 81 o4h and rallied to 81 o6R;
/ 061s at the cluse. September started
Nc better at S6K GS6.ac,, advanced : to-
S6Sc, declined to S4Ac and rose to S4Sc
asked at. the close. May ranged be-
tween 81 70 and 81 IT,
A lively business was done In the corn
pit to-day. 1t was surprising to see the.
great numbers and apparent grit Of the
buyers in spite of the entire absence OF.
foreign demand and the fine germina-
ting Temperature. Corn finally broke
with the wheat market. Receipts were
LOIS cars. July opened Nc lower at 33c.
advance ito 33isc and then dropped to,
S2Ac, the final quotation. q 4 Z.
5g In oats there was quite a good deal Of
changing from July to September, at a
premium Of 2ssc for July. Receipts
were 4SO cars. July started unchanged
at 24hkc, advanced to: 244 Q24Bc, declined
to .24lsc and went up to 24ac asked ct
the close. III Z
The dropping price Of corn and the
improving prospects of a good crop OF
that cereal had tendency to weaken
provisions. Packers were sellers. July
pork opened 2hsc lower to 2ac higher at
S11 75@11 so. sold down to s11 70, then up
to s11 so and fell to 81 IS at the, close.
July lard began &c lower at Sc II. sold up
to Sc 20, then declined to IS 05GS OF, and
closed at Sc OF asked. July ribs opened
20 lower at IS S7@5 80. rose to IS 95, then
feH back to IS 50 bid, the final figures.
Estimated receipts for tomorrow:
Wheat 260 cars, corn 1,225 cars; oats
415 cars: hogs 5000 head. i
z The leading futures ranged as follows: