The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-02-15
BrcatlstuG.; and Provisions.

CHlCAGO-A large increase in the
visible supply, together with small
clearances at the seaboard to-day,
caused decline III wheat. After an
early rise of &c May left off with a
decline OF lSIasc. Corn lost sGllLc
and oats &c. Pork closed with loss
OF l0Glciac. lard TIC and ribs 5n7isc.
Unexpected strength at Liverpool. In
addition 10 light domestic receipts gave
wheat strong start. May opened
NHssc higher at 73% II4c. and rs New
York reported foreigners fair buyers of
March and May wheat at the eaboard,
the price soon touched Tinc. The same
was true of foreign business here. the
orders being generally TO buy In short
wheat. The visible supply statement
soon forced itself upon the attention
of the traders. and as 1t gave early
evidence OF showing a considerable in
crease 1t was suggestive of caution to
the buyers. The result was an increase
OF l.ll1980 bushels for the week. bring
Ing the total UP to 20, l6l 900 bushels.
The market. however. In anticipation
OF some such an addition to stocks, had
become very heavy, and before the ac-
tual announcement was made the price
OF May wheat had dropped TO 1880 and
II got as low as ;3kmI3Hc before 1t re-
covered from its declining tendency.
Chicago receipts We're l3S cars. of which
III were graded contract. and Mnncap-
oils and Duluth receipts were 12S cars
since Saturday morning. The worlds
shipments to Europe for the week were
S,332, 900 bushels. and the amount on
ocean passage was increased to l.l20,-
900 bushels. The clearanccs of wheat
and -four for the day were very small.
amounting to only 27000O bushels. The
market ruled heavy all the time after
the result of the visible supply was
known. while good@dcal of long prop
erty was for sale ut the decline. The
lowest prices OF the day prevailed as
the session was drawing to close. II
declined to i2S4c, (May), and rested at
I2&I72%c.
The early strength In wheat and
higher cables started corn firm. 1t was
too freely offered. however. to main
tai the rise it commenced with. and
when Wheat Withdrew its support 1t
brought corn to the ground. The In
crease of 2.fl6,000 bushels In the visible
supply, against $50. 600 bushels decrease
the corresponding week of last year
was sufficient encouragement In itself
to account for all the weakness that
succeeded its announcement. Receipts
were $50 cars. May Oopcned tsGaKc
higher at 31ssN3T&c. declined to ,367sI
SIC and closed at 37I37isc.
Numerous outside buying orders and
4 good speculative demand from cic-
vator concerns strengthened oats. The
break in the other grains caused re-
action. but the market held fairly
steady throughout the session. Re-
ceipts were AIS cars. May began &c
higher at 29c. rose TO 29isc. sold off to
?SfsT2s3ic. and closed at 2S7ic sellers.
Heavy receipts OF hogs and lower
prices at the yards Handicapped provi-
sions. The market ruled dull all day,
while near the end OF the session weak
ness developed on liquidation by hold
ers. which forced decline all around
May pork opened unchanged at SO l2ls,
declined to $40 90 and closed ut SO O2E,.
May lard started shade lower at S. TO-
weakened to IS 07h. declined to s. 90
and closed at IS 0OTb 02i!.
Estimated receipts for Wednesday:
Wheat, l51 cars: corn. $50 cars; onts,
As cars: hogs. $1,000 head.
The leading futures ranged as follows.