The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-01-10


CHICAGO - Decided covering by
shorts To-day and heavy clcarances al
the scaboard strengthened wheat. May
left off with an advance OF TsIlc. Corn
gained bc and oats M1Lc. Provisions.
aftc" sharp advance early closed at
substantially unchanged prices. Wheat
opened astonlSiTingiS strong considering
the weakness of It's closing at the rcgu-
Ia" sessions Saturday. a sharp upyard
tura on the euro Saturday afternoon,
however. demonstrated how susoeptihlr
the price was 10 little buying and how
Small was the confidence OF short sellers
IN the wisdom OF their position. Nav
started &c higher at I02s fIT0hc and in
the efforts OF the shorts 10 relng,otn
themselves In the market, May WINS
auVanced stlll further. reaching IN
q sc. Up to this time the news had
nothing III 1t TO suggest reason for
fuch Duiiishness. and 1t was not until
the returns of the clearlnceS Of Whe, |,
anu lionr for the day from Atlantic
ports was published that the bulls got
anything from the da:'s statistics to
justify them in their attitude toward
Inc market Chicago receipts were elo
cars. or which eight were uraded con-
tract. Minneapolis and Duluth recciv.
cd III carloads rs compared With s35
lor the corresponding day n year ago.
Urinary western market rccciD,s ar
Gregated $4,000 bushels. whereas 800 600
bushels comprised the total for thr
same day Inst year. The visible s"7t,,.
that was thought likely Is shov n de-
crease OF 100000 bushels was, found IN
nave Increased $500 bushels against
1900 bushels increase the nrcvIous
year That acted as a curb 10 Tho huII-
ish enthusiasm that vas prevailing nd
May reacted TO TO2;c. The DAYS Allan
tie port clearaaccs or wheat and Gou-
equallcd l.o35,000 bushels. The quantity
on ocean passage Increased 1910 0OO
bushels. Last weeks shIpments wnrc
enormous. hcinS placed between 75Nl :
OOO and 100000 bushels. of which over
~ per cent came from this country. The
demand for export at the spaaonrd va q
reported fairly good. Outside or6crs he
came Numerous about thls time and n
good dea! OF buying here for tho Iopr
account sent the price Of NAV IN n rnin
10 n&c. The maiorltE OF traders held
call privileges around those figures and
~ "' N''NthN'i ~ secure those DTOtlt s,
May sagSed Oft TO 78Tc at the close
Light offerings and the strength In
wheat helped corn early. For time
the bidding was so spirited BIZ tho old
time bulls that Mnr. which onened no
&c higher at 31h937isc, vas forced nm
to 3It&d31&c Receipts were very large
however. 1.025 ears. and the Visible
showed an Increase of 500 O00 hushn1e
THOSE influences contributed To keen
the price down and when the buvlng
had srosldcd somewhat. May rraduojlv
declined 10 &c and closed ut 3,iIc.
Oats followed corn, showing sirnnrth
caT'y. but weakening later There vas
a good demand fran outsiders drrIrr
the forepa"t OF the scss!Ou. but thii
dropped of whe1 the mar;,et tIrcIired
Receipts were moderate, $40 cars An"
opened Mc Up at 27%T9THc: rose 10
2iAf1@s%;c and closed ut 2Ti.c. The foy.
orable Character Of the new Drorosc1
German meat Inspection bin strength
ehed provisions early. GommIssi5r
houses appeared 10 be well sunulicd
With buying orders or the advance IN,
packers Sold freely. After the conmIs-
sion houses had procured nil thee want
ed there were stu long lines for slIc
ana the advance was lost. Nav Dork
opened 1TlOc higher ut $40 OOGfIG O5:
advanced 10 SO 49,. thea declined TO
80 $500 07E, the closing prices. NTaw
lnrd hogan &c un mt So 20. sold al
81 '9ET5 u. then sold off TO IS GTIA,
May ribs started &c better at S. OStI,