The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-03-02
Brcadstufls and Provisions.

EMBARRASSING by shorts, owing
to Thoman's estimate Of over 2OO,OOO.00O
bushels still in farmers hands to be
delivered, held wheat down to-day and
May closed A@%c lower. Corn left off
q shade lower and oats unchanged. Pork
advanced 7E@l0c, lard &C and ribs sd
TIC.
Wheat started at about where 1t left
Off yesterday, but the tendency was
rather downward for an hour or so.
The early news brought matter OF COM
fort to both bulls and bears The for
mer were encouraged by flrmncss of
foreign markets. bad crop reports and
diminishing domestic receipts. The lat
tere were consoled by rains In CalIfor-
MIA. where drought has existed and
weather throughout the winter wheat
country less severely cold than had been
expected. a Missouri state crop re-
port called the condition of wheat "A
anLirthe acreage per cent larger than
last years. giving the total at 100000
acres. Some aspersions were thrown
upon the value Of this. however, as the
Increase claimed was according to the
report of the secretary Of agriculture at
Washington. 333, 900 acres less than were
harvested In that state last year. Chi
cago receipts were 81 cars, OF which Z
graded contract. Minneapolis and Du-
luth received 422 cars. compared with
1856 for the same day year ago. Pri-
mary western market receipts amount
ed to $4,000 bushels against $4,000
last year. Shipments from Atlantic
ports were equal In wheat and flour to
$4,000 bushels. a heavy business was
reported done for export at Kansas
City, but the person there who owns
most OF the wheat available for prompt
shipment denied that any had been sold
Thomnn's estimate of wheat in farmers
hands March l made the quantity 2l6.-
900 bushels and the market became
weak on that announcement. 1t had
been acting henvy. however, since the
opening. New York reported very lit
tie for export. May opened shade
higher Mt 735Sc and declined In an Irrcg-
ular way to 73kG73Bc. 1t reached It's
shorts did the selling. and when they
held their hand n few minutes the price
bobbed UP again to 73%c and closed
with sellers Mt 73lac.
Light receipts and heavy clearances
held corn steady within narrow range.
a suggestion from the country that the
movement would continue small from
now on caused considerable covering.
Receipts were 1903 cars. May opened
shade higher ut 37N31Bc. held steady. at
37Mc, then weakened with wheat to
3CNc. and closed at 36%Gr37c sellers.
There was very little doing In the oats
market and corn was responsible for
most OF the fluctuations. Receipts were
light. 1903 cars. May began &c higher
Mt 2S%c, declined to 2SBc and closed at
2SAc.
Provisions took an unexpected turn.
The market was very heavy to COM
mence with and nothing could be seen
to lead to nm expectation of change
that was nevertheless impending.
Shorts for some unforeseen reason took
alarm and 1t did not take long to put
prices good deal niger than they OPP
cned. May pork started 2hc down Mt
80 32ks. sold ut 50 80. then jumped TO
50 so and closed ut 80 42hI9 As. May
lard opened &c lower Mt IS 32ls. rose to
S. 40M5 A2h and closed ut SO 40 sellers.
May RIBS began 2h@5c off Mt 81 72h@
4 75, sold at 81 72Hli. then improved to
81 S2kH4 SIS and closed at 81 S0l4 s2is.
Estimated receipts for Thursday: