The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-01-05

CHlCAGO-Hcavy expert clea:anccs,
diminishing receipts and predictions OF
cold wave caused a sharp advance to-
day In wheat. May closed with j gain
Of Sc. Corn advanced sc and oats &c.
Pork lost 2hc: lard advanced &c. Ribs
are unchanged. The Liverpool wheat
market was the chief Influence here ut
the start. Cables came Id lower for
futures. Such apparent eagerncss
abroad 10 emphasize che weakness in
this market caused the selling out OF 4
heavy line OF long wheat here. May
opened fraction lower with sellers at
70sic down to I0Mc. So much. was for
sale that the price was forced down 10
7OAc before intending buyers could Of
fer bids. Atlantic port clcarances
however. began 20 have bulllsh effect
when Philadelphia reported 100000
bushels OF wheat and flour shipped for
export. When other seaDoard cities
sTellcd the total exports for twenty
four hours 10 over 100000 buche1s. the
feeling OF spectators found expression
In quick advance to 7lHc. Kansas
City wired that the days receipts there
were not sufficient for local milling re-
'qu!remeHts and Minneapolis reported
such urgency In the demand for TO-
days offerings of cash wheat that the
price was advanced to a Sigh; pra-
MUM over the May delivery. Chicago
receipts we're 2O5 cars, OF which ten
graded contract. Minneapolis and Du-
luth reported ISL cars, as compared with
3a3 last gear. The general response TO
Inquiries concerning future country
movement of wheat In the northwcs,
was thnt II was likely ID be still small
or In the nea" future. Atlantic port
clearanccs when finally reported In full
aggregated 100000 bushels. Brad
streets report of changes for the week
In the worlds visible showed m in
crease Of only $4,000 bushels compared
with five times moro than that n gear
ago. Reports OF II cold wave from the
no:ti.whlch 1t was claimed would cause
severe damage to the winter wheat, had
n strengthening Influence The market
near the close became very bulllsh.
Shorts covered freely and there was
heavy buying for the long account
which resulted In advancing May 10
I1&c. That was above call pricc and
realizing on privileges caused n slight
reaction near the end. May closing at
7likT7l%c.
Wet weather which was considered
likely 10 curlail receipts strengthened
corn. There was also n good export
demand. Prices sagGcd ,rICe early
on scattered selling from the country,
but when the price got around 37i4c the
old time bulls took hand and a 1ulck
rally followed. Receipts were liberal
100. May opened fraction higher at
37h@aI9Sc, sold sparinglF mt 27hc.
gradually rose TO 3Tshc, then reacted 10
G7iHISIfsc at the close.
Oats ruled active and higher The
advance was due to good cash de-
mand moderate receipts. unfavOro bic
weather md the advance In other
grains. Receipts were $40 cars. May
opened up n fraction at 2TMI27%c.
weakened to 2f%I27,kc. advanced 10
2i9bc and closed ut 2Thc.
a dIsapnoIn;lngly heavy Increase In
the stocks OF hog products for Dcccm-
Der depressed provisions early. At the
resulting decline, however, commission
houses had numerous buying orders
ana packers who were free sellers turn
cd buyers the consequence being a re-
covery Of practically nll the decline.
May pork opened T!Gl7i:c lover n,
$40 30 and advanced to $40 As. May lnrl
began l0c down at s. Is and improved 10
s. SIH. May ribs started 1Oc lower nj
s. o. nIh rose to 81 Is. Estimated re-
celpts for Thursday: Wheat. l75 cars;