The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-02-01
Rrcads.uTs and Provisions.

CHICAGO-Whcat, lost all scmbIance
Of strength to-day. and closed limp and
weak. Toward the close a semi-puu-
icliy feeling set in, owing to the heavy
liquidation Of longs. and May left off
At 4 decline OF 2Is12Ac. Corn lost x
Csc and oats &c. Pork declined l1isc,
lard 10c and ribs 7lsGlOc.
The government report. which showed
yield OF GI5,000,G0O bushels OF wheat
last year. gave wheat weak start.
May opened 9B9&c lower at 76isTI6l.c.
and as the outlook was rendered more
unfavorable by sharp slump at Liv-
erpool. May declined TO 76c. The ey-
tremely cold weather. with the unpro-
tected condition of winter wheat,
caused more or less apprehension of
damage TO the plant ana as there were
many reports to that effect. buying be-
came quite general. while May adj
ranccd slowly to T65sc. Receipts here
were 19l cars. against 81 cars for the
same day u year ago. Minneapolis and
Duluth got $50 cars. compared with $40
cars for the corresponding day last
year. The aggregate receipts at pri-
mary western markets was $4,000 BUSH
els. against 100000 bushels the previous
year. Clearances of wheat and flour
from Atlantic ports. exclusive OF New
poll .>tNS .iili JiiN Noboll, h'A' 1o''NVv
bushels. As the session advanced for
eigners were reported to be selling Mt
the scaboard, while New York. st.
Louis and the Northwest had liberal
selling orders here. That discouraged
holders, and 4 season of active liquida-
ton set In which carried prices off pref
ty steadily. Bradstrccts visible sup
ply showed $4,000 bushels decrease in
stocks OF wheat in this country. and
1000 bushels decrease In and ailoat
for Europe. After that was made
known, aitough certainly not in conse-
qucncc Of IL. longs abandoned their
holdings, and the selling became so ag-
Eressive that May. hcsitatinS ut use,
slid OF TO 7iS@7i&c. where 1t closed.
Bearish government figures and low
or cables started corn weak. y good
demand from commission houses
sprane IN. and the market developed
good deal OF strength New York re-
ported an excellent export demand. and
shipping houses here reported an i'm
provement In the cash business Mt
workable prices. The radical weakness
in wheat near the close OF the session,
however, displaced all other consldcra-
tons. and sellers Of corn became very
numerous. while the price sank In the
last ten minutes TO point under the
lowest maze carrie. III inc tiS. W.
Ccipts were 9Sj cars. May opened 1slo
&c lower Mt Blk a3sc, sold sDaTinGly ut
3SG3Shc. then declined to size buyers
ut the close.
There was considerable liquidation In
oats, and as the buying was only scat
tered the market ruled weak and lower.
Cash demand was slow from all sources.
Receipts, 337 cars. May opened hGhc
lower Mt sc. sold Mt 2Sila2Shc. declined
to 2THc and closed Mt 2IaiI217sc sellers.
There was nothing In the provision
situation to disturb holders, but the
opening decline In wheat and subsc-
arlcnt much heavier loss In value OF
that commodity. dcmoralizcd weak
holders. and n decline set In all around.
Packers bought quite freely. while com
mission houses led the selling. May
pork opened 7ls4l2isc lower ut $40 400
10 A.. sold ut $40 Az. then declined to
$40 3J. the closing price. The range In
lard and ribs was narrow.
Estimated receipts for Wednesday:
Wheat. 20 cars: corn, a50 cars; oats.
100 cars; hogs. $4,000 head.
Cash quotations were us follows:
Flour-Easy: moderate demand.
Whcat--No. spring. T2la1T3iEc: No.
spring, 67a7:hc; No. 2 red, 74AG75c.