The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-05-12
S--Ex div. Tx div. offered.
Total sales OF stocks were ESSOO0 shares
Nav york mining Stocks.
Rrendstuffg and Provisiong.

CHIcAGo-wheat dropped 1Ac to-
day, July closing at 65%c. The report
ed splendid outlook of the coming crop
throughout the southwest and gov
eminent crop statistics were the main
factors Of weakness, which compelled
liquidation. Indications OF q heavier
acreage planted than ever petore coup
led with the decline in wheat, caused a
slump In corn. July closed with loss
Of lH@lKc. oats lost Sc and provis-
ions from 2is1l2l4c.
Wheat opened quiet and traction
lower. Traders were in quandary
how 10 Interpret the government crop
report, the area being smaller, while the
condition showed q decided improve
ment. That the report was generally
regarded as somewhat bearish was
soon evident, however, from the down
ward tendency OF prices. Continued
dry weather throughout the northwest
together with some sensationally bad
advices from Tennessee, checked the
decline for a time, but when reports
from the southwest of the excellent
condition of the coming crop began to
flood the pit liquidation by longs be-
came quite general and the price kept
rolling down until stopped by the clos
Ing Of the session. The decline In corn
and stop loss selling also contributed to
the weakness. July opened 4sQ&c low
er at ssh 668hc; sold sparingly at 6Sbc;
declined to 65%@65%c, and closed at
65%c.
Chicago receipts were twenty-five
cars, one Of which was OF graded con-
tract, Minneapolis and Duluth got 203
cars, compared with 2S5 the correspond
ing day q year ago Bradstreets re-
ported the weeks clearances from both
COASTS at 3,4S0OO0 bushels of wheat and
flour. Indications were for a reduction
Of two million bushels for the weak in
the visible supply. Argentine ship
ments for the week were 100000 bush
els. To-day's Atlantic port clearances
equalled $4,000 bushels III wheat and
flour.
Corn opened steady, but began to give
way Immediately under active liquida-
ton and had downward tendency the
greater part OF the session. The weak
ness was increased toward the close by
stop loss selling. A poor shipping de-
mand, favorable planting weather and
reports that a greater area than usual
was generally expected were the de-
pressing influences. Receipts, l64 cars
Argentine shipments for the week were
only $4,000 bushels and Bradstreets re-
ported the weeks clearances at 4,63S,OO0
bushels. July opened unchanged at
SS5sG39c: touched 39c; declined to SI9sg
37%c, and closed at 37%c.
Oats ruled weak in sympathy with
other grains. Perfect weather condl-
tons were also against the market.
Receipts 1877 cars. July opened shade
higher at 229s322%c, and declined to
291sc at the close.
Provisions ruled fairly steady until
the session was nearing its end, when
Decentralization OF the bulls in corn
made longs timorous and throwing over
Of holding caused sharp decline; July
pork closed with loss OF 12hc at
81 52h July lard TIC lower at
Sc S2lEG6 IS, and July ribs or 219c at
SO IS. n
Estimated receipts for Saturday:
Wheat, 20 cars; corn, 1855 cars; hogs,
1866 cars: hogs, 5000 head.
The leading futures ranged as follows: