The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-01-22

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InSwheat SPECTATORS were treated TO
amid sensation at the opening by the.
action OF the Liverpool market. The
quotations from there were up I'D per
GENITAL for futures. No. Z 1 4 Northern
spring on the spot had been raised Id
per GENITAL and even the London cargo
market showed an advance OF from Sd
to Cd per quarter. May opened here,
with q Jump to s:Sc, with some sales.
at the same time ut size. The closing
price yesterday was 9lilc. July started
at from S4ssc TO Sac. compared with.
S3Ec yesterday afternoon. outside
markets were also very strong. espe-
clally New York and Minneapolis and
this had It's effect. The reason for the
strength Of che! Liverpool market was
tnld to be on account OF the growing
scarcity OF offerings from Argentine.
ChIcag 20 received 90 cars OF wheat. Mlh.i
neapolls and Duluth reported 35S cars,
against 36i q week ago and 27G the cor
RESPONDING day OF the year before. Pri-
mary western market receipts all told
were sGS,000 bushels against 2Il,00o
bushels the year before. Minneapolis
stocks for the week We're expected 10.
show 900, 600 bushels Increase, and pu-
luth 10000 bushels increase and on
that basis and estimate Of weeks cx-
ports, 100000 bushels decrease In the
Visible Is looked for: last gear the de-
crease for tho similar week was ISL,
900 bushels.
Liverpool closing prices showed net
gains for the day OF ia for March and
May and sd for July. Paris noted %
centlmes decline In January flour ana
6 centimes advance IN Mnrch-Junc,
Antwerp advanced i.h confines In
both red winter and Walla Walla
wheat The clearances from Atlantic
and Gulf ports in wheat and -four were
equal to G35 900 bushels.
The market here began to weaken
after the posting Of the weekly Ship
ments from Argentina. which rather
confirmed the earlier cable con-
corning the large surplus. The ship
mcnts were given at S2S,0oo bushels.
Selling became quite free after that
and Il was the impression that the Lett
err crowd liquidated some OF their July
and May holdings. May declined to
s3Sc and was bringing 0lTc at tho
close. Julv sold down TO SAC and clos
ed at that. .;l
A fairly good trade was done In corn
without any ma terla! change In prices.
There was rain throughout the corn
belt, cables were strong and Argentine
shipments were small. With those helps
and the influence of wheat the corn
market kept a little above yesterdays
prices most OF the session, but lost the
slight advantage when wheat turned
weak. May ranged from e9Hc to 2S5S1
e9c and closed shade lower at 2S1s0
29c.
Trade In oats showed considerable
improvement and market most OF the.
time was quite firm. There was good
buying OF May for New York account
again. Commission houses bought
July and slight narrowing OF the
spread. The early strength OF wheat
and a good shipping demand were in
fiuences. May ranged from 23%c TO
2SGc and closed unchanged at 23Nc.
Provisions were active. with a good
demand at the start, principally from
packers. A firm hog market also caused
some covering because shorts and the
market scored 4 fair advance. The
market eased off subsequently, In SYM
patty with the decline In wheat, short
ribs exhibiting the most weakness. The
closing was easy. May pork nc higher
at 50 77A; May lard sc higher at 81 S2M
and May ribs unchanged at 81 S2is.
Estimated receipts Saturday:
Wheat, IS cars; corn, 400 cars: oats,
oS5 cars; hogs. $4,000 head. .-
The leading futures ranged as follows: