The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-04-24
New York Mining Stocks.
nrendstuRs and Provislons.

CHICAGO-Heavy worlds shipments
the increase on passage, sympathy with
corn and liquidation combined to lower
prices Of wheat to-day, but the close
was steady at &c to %Disc under Sat
urday. Corn closed 1sgkc to &c down
and oats shade higher. Provisions
at the close were unchanged in lard, Sc
lower in ribs and 20G27i4c reduced In
pork.
There was whole bunch of bearish
consideration presented for view In the
wheat pit at the beginning OF trade. Ca
bles were easy, worlds shipments
heavy, there was an increase on pas
sage and the weather man continued to
say nice things about conditions. II
was expected that there would be con-
siderable Liquidation Of May this week,
but Il did not materializc early. Prices
were fairly firm for couple OF hours
after the Initiation session Of about u
Quarter Of n cent. May began to be-
lIeye that big fellows who occasionally
oyershadow the statistics as factors
were neither long nor short-just even.
But about knee-deep In the session the
stuff began to come out, and there was
selling by others in sympathy with the
break in corn. May had hesitatcd
early. baking at the 65 cent mark, but
the liquidation carried the prlce
through that The market was very
weak at this time. but the selling paved
the way for the reaction which began
during the afternoon. The short SELL
ers concluded not to remain in that con-
dltion over night. and bought back
some OF their early sales. and turned
what looked like bull rout into n sort
of retreat in god order" as dispatches
have 1t. The cash business was slack
and the export inquiry rather discour-
aging TO holders. New York had nina
teen loads for export. Atlantic port
clearances in wheat and flour were
equal to $4,000 bushels. Primary re-
ceipts were S97 900 bushels, compared
with 5S4. 900 bushels last year. Mime
npolls and Duluth reported S2i cars
against 4O6 cars last week, and 5OS cars
n. year ago. Receipts ware % cars
none OF which were contract grade
Trade was dull In spots, but the session
furnished considerable animation most
Of the time May opened at 6jAc to
65NiC5ikc, sold between 65Ac and 64sc
and closed sc under Saturday at 64isp
CSC. July opened at 66&c to 66lEd669sc.
ranged from 66%c to 66hc. and closed
at AaIkc down at 66Ac. Much OF thu
trade was done In changing May for
July. not much difficulty being expert
enced in doing this at difference OF
liEc, The corn market was active
and lower The feature and the factor
was liquidation OF May, although lower
cables and the Increase on passage
were items in favor OF the bear Side
The opening was tribe lower At tha
even figures, though there were many
stop loss orders which were executed IN
the Dit. Shorts were sellers, but to-
nj 1T IN
10 cover and thus CAUSED partial re-
covery. The bulk OF the business was
in the way Of changing. Receipts hert
were 3O4 cars May ranged from SSFc
to 27a.c. and closed sc under Saturday
nj 375kc. July from 39Ac to 3SiAc, CLOS
ing MTHc down at 39GS9hc. The rally
was helped by reported sales OF 30 boa.
loads
lions the greater part OF the session
wide Hog receipts were liberal: anu
prices ut the yards lower TWO thlnSs
figuring in the opening loss In price.
There was heavy selling pressure IN
evidence at the start. long stun. snort
stun and stuG forced into the plt on
stop loss orders. on the break there
was good buying by packers. anu n re-
action took place, holding TO the close
which was firm. May pork sold from
80 10 TO Sl2 %. and closed 27lsc under
Saturday at Sl2 IS; July opened ut
$40 52B6i2 10. sold between sig % ani
$40 S7H, closing zoe down at Sl2 G2!a;
Nav lard sold between Sc 92is and SO 20.
closing unchanged at So 92h; July BE-
tween 81 O2h and Sc 50, with the close
unchanged at 81 O2lE. May Ties
ranged from Sc 7Oa6 IS, and closed 5f
lower at So So: July from SO 20 and SO 80
closing Sc down at IS 30.
The oats market held its own In good
shape. despite the weakness dlspluyeu
by corn. There was little pressure to
sell. but on the other hand, a decidedly,
good demand from both shorts and
longs. May ranged from 22iEc TO 2ss
sssc and closed n shade higher Mt 227s
SsS5G =. TuIv from 22ss d22Ec TO 23c.
closing a shade higher at &c,
Estimated receipts Tomorrow
Wheat. 6j cars; corn, 2Ij cars; oats
1877 cars; hogs, 10000 head.
The leading futures RANGED as follows;