The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-04-26

extraordinary anu ul-
most uninterrupted rise took place to-
day on the board OF trade In the values
OF grain and provisions. May wheat
closed SIC higher than Saturday; July
gained 3%c; corn and oats 1kc; pork
Acc per barrel; lard and ribs 10 and 12ac
each.
Sensational advances In foreign and
outside domestic markets, n decrease of
over three million bushels In the Amer
lean visible wheat supply and small
worlds shipments caused the upturn In
wheat which all other markets followed.
Although Liverpool opening cables to-
day quoted wheat at SIC a bushel adj
vance, this market displayed a halting
tendency after the first rush Of trading
and throughout the session gave EVIL
dence Of heavy liquidation OF hard spots.
While in the first half hour Of the ses-
sion Liverpool had risen the equivalent
Of &c q bushel. New York 21a. Minneap-
oils and Duluth sc, Chicago in the same
time vas only &c up. English country
markets showed a gain Of TIC a bushel
since Friday last, and Mark Lane Uon-
dom OF &c. while Berlin was quoted 2hc
n bushel higher than Saturday. Liver
pool continued to climb until at the
close futures showed a gain Of from 5k
10 SIC per bushel. Duluth and Mime
apolis added to the bears torment by
reaching a point, SSc above Saturdays
close. AThis market finally got started
and from around Ole rapidly climbed 10
9Sc. May, which had started only 1c
higher at 81 Is. suddenly jumped one
and two cents between trades TO 81 20,
the highest price In several years. Chi
cago receipts were al cars, against $50
last year. Minneapolis and Duluth re-
ceived 429 cars, against SOB the previous
year. Chicago received % contract.
The Atlantic port c~lcnrances of wheat
and -four for the day amounted to GOO, 900
bushels. The worlds shipments 10 Eu-
rope last week were $4,000 bushels,
against 9,052 900 bushels the week before
and $3.50. 900 bushels the corresponding
week of 1897. Russia supplied 1,S0S, 900
bushels of the total, compared with
100000 bushels the week of the year be-
fore. The quiet amount IN ocean pas
sage was reduced 5000 bushels last
week. The domestic visible surprised
the trade by showing a decrease Of 3,240,-
900, against a reduction for the same
week of, last year Of only 7SS. 900 BUSH
els. The heaviest decreases were at
Chicago. Minneapolis. Duluth and New
York. May dropped back to 81 II but
rallied to 81 20. closing at 81 1874 sellers,
q net gain OF SIC, After the advance In
July TO 93c the market became very fe-
rerish, selling off to 92c, UP to 93Mc.
down 10 92kc, then up to 92&c. closing
at 9213c. Five minutes after the close
93lsc was paid on the curb for July.
Corn was active and Strong through
out the session. Sales for export of
about 1000, 900. an advance at Liverpool
OF 1E@2Ac. Mark Lane Uondon) were
the chief factors. The visible supply
decreased 3,26S, 900 bushels: on ocean
passage decreased 2.4S0,00O bushels. July
opened H9Sc higher mt 32kc, advanced
on heavy trading TO 34ssc. The close
at 34lsc bid was q net gain of 1Hc. Lo-
cal receipts were 4i3 cars.
Scarcity OF offerings in oats, advances
abroad and the strength OF wheat and
corn helped the a market early and
contributed to an advance OF 1%c In
May and lie In July. The visible sup
ply decreased 971. 900 bushels. Local re-
ccipts were $50 cars. July opened AGXc
higher at 242sc. advanced TO 25%c, clos
ing at 26H 6253sc bid.
Provisions were strong and active.
War news and heavy outside specula-
tive buying were the chief factors.
Packers bought sparlngly. Liverpool
was up Sd to Is on bacon, against a rise
OF Is Sd on Saturday. July pork sold be-
tween sl1 10G1l A. closing with a net
gain OF 45c at s1l As. July lard ranged
from IS 6aha5 TIC. closing atfs5 100
6 72is, a net gain OF 12lsc. July ribs sold
at IS 50p5 67hA, closing at IS 60, a net
gain Of 10c.
Estimated receipts tomorrow: Wheat
16o cars: corn 6?5 cars: oats 800 cars;
hogs $4,000 head.
The leading futures ranged as follows: