The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-23
otai sales OF stocks were S92,6s shares,
New York Mining Stocks.
Breadstuffs and Provisions.

bEEuusIuuS anu 6GONlS4Shns
Observation-Disclosures crop re-
ports were more sensationally unfavor-
able than ever to-day, but wheat con-
tented itself with holding firm, July
closing &c over yesterday. Heavy re-
alIzlng initiated against pronounced
advance. Corn was active and strong.
helped by wheat, better export de-
mand and renewed buying by local
bulls, July closing &Q&c higher. Oats
closed &c up. Provisions were strong
and active; July pork closed SOC, July
lard 25c and July ribs 221sc over yester-
day.
Spectators had TO sell long wheat in
heavy chunks throughout the session
and at times July dipped under yester-
days closing figures. The northwest
spring wheat country was still the
great bull stronghold and dispensed
news of such pessimistic tenor that
the offerings were handled and gain,
instead of loss, in price was made.
Trade was active, not to say excited,
and the market pull seems rather few
erish. a feeling that the northwest
shortage. grave as 1t may ultimately
prove to be, had been discounted, was
prevalent among many traders. The
heavy profit taking did not tend to
change this opinion. In other words 1t
was held by many that the price had
advanced sufficiently to allow to-day's
news, which was the most unfavorable
yet received to be ignored. Hot wealth
err and a clear sky were generally re-
ported from the Dakotas. Minnesota
and Manitoba. From these states crop
possibilities were generally reported
two-t thirds ruined and the condition
was called veritable disaster. Statis-
tician Snow, Of the boa:d of trade, Just
back from thorough investigation Of
the situation, Is reported to have de-
clared the two DakOtas will not raise
over 100000 bushels. while other au-
thOrlties said the three northwestern
states altogether with Manitoba, will
not produce over 60.0O0.000 bushels this
season. July opened lAGIatc over yes
terday at S3a GpS3%C and shortly after
ward sold at S2IGc, The opening bulge
was under the influence of the news OF
the character herelnbefore mentioned.
but the slump was on profit taking by
longs. The northwest was still q buy
err but following the opening the mar
ket nuctuatcd according as the pres
sure from longs was heavy or merely
easy. July, following this dip rallied TO
S3$g flS3Jac, whereupon longs went after
more profits and sent 1t back to S2Ac.
Again there was rally, July this
time touching, S3Rc. The market was
pressed back to S2Ac, but firmly resist
ed and closed isc over yesterday at
S3kc, Clearances were equal in wheat
and flour TO 100000 bushels. New York
reported twelve londs taken for export.
Receipts at primary points were $4,000
bushels, compared with $4,000 bushels
last year Minneapolis and Duluth re-
ported 1876 cars, against 43S last week
and $50 year ago. Local receipts
were IA cars. thIrty-eight OF contract
grade. The Modern Miller reported
harvesting OF winter wheat progressing
favorably Corn was strong the greater
part us the session. The market opened
with a sharp advance IN sympathy with
wheat, but country offerings were lib
oral and receipts large and the decline
In wheat found a ready sympathizer in
corn. The market lost the carly adj
vance and &c to boot on the decline
came renewed support from the old bull
crowd and buying by people from the
provisions pit. The market stiffened
and the wInd-up was strong. July sold
between 4O&GilRc, closing HsaSc over
yesterday mt Allam4l&c. Receipts here
were 722 cars.
The oats market was strong and nC-
tive and the crowd In the usually neg
Icctcd pit double the usual size. The
northwest was buyer because Of loss
Of feed stun and shorts covered moder-
ntely on the corn strength. Complaints
Of scarce hay. lack OF grass and an oats
shortage were received July sold be-
tween 2iisc and 25c and closed &c over
yesterday at g4Gc. Receipts here were
2SS cars,
Provisions were active and strong.
The pit seemed to have at last con-
tractad the bull fever, which have been
affecting grains Hog receipts were
light: prices at the yards firm and there
was a broadening of the outside de-
mind. July pork sold between 81 G2A
and Sl2 1915 and closed SOC over yester-
day at Sl2 O7ia: July lard between
50 7OIG g2is, closing Csc up ut So 92lk,
and July ribs between SO IN and 81 90.
with the close 29iac improved Mt Sc 97Is,
Estimated receipts tomorrow:
Wheat, 100 cars; corn. 40 cars; oats.
800 cars: hogs. 1900 head,
Cash quotations were as follows:
Flour firm,
whoat-No. 3, 17asoc; No. . red $3.50
corn-No. ?. nN@t2%e; No, yellow
42Hc
oats-No. 2. 25G25lae; No white 22G
22lic; No white 26R@27%c.
Ryc-No. ., Gliac.
Bnrlcy--Good feeding soc.
MaltlngLFalr To choice iO445c.
FlnxFead No, /, 81 30: No. north
TImoihyseud-P Primo. SO 30.