The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-16
Nov york Mininp Stocks,
Rrendstutfs and Provisions.

CHICAGO-A formidable array Of
bearish statistics and news and the
lack Of demand gave wheat another
shove on Its downward course to-day,
May closing 1c under Saturday. Corn
closed h6Hc and oats &c lower. Pro-
visions closed 2M9loc higher.
Liquidation ruled in the wheat pit
throughout the session. which brought
nothing but gloom from such bull oper-
ators who may have survived the re-
cent reverses. There was little de-
mand against puts, but its steadying
influence very close to the bottom was
only momentary, Throughout there
was selling OF long wheat and OF les
ser llnes-not large In volume, but too
heavy for the invalid market. Trading
was dull and the tone heavy as lead.
Early news showed a decline at Liver
pool, an Increase in worlds shipments
and in the amount on ocean passage.
May wheat, thus Influenced. opened
K6hc under Saturday at 67kd67Mc.
This was high point for the day. The
close was at the bottom, May lie under
Saturday at 66&C, later news being as
bearish In tone as that received earlier.
Receipts were large and clearances
small, while n Liverpool cable an
nounced that Argentine wheat was for
sale In the English markets AT prices
under American offerings. Primary re-
ceipts were $4,000. against $4,000 last
year. Minneapolis and Duluth report
ed 1857 cars, compared with SOC last week
and 1856 a year ago. Local receipts were
seVenty-one cars. one OF which was OF
contract grade. Clearances were l3S.0Oo
bushels. New York reported thirty-hye
loads taken for export. Taking into
consideration the slump In wheat the
corn market exhibited considerable In
dependence. Sympathy with the major
market combined with receipts here,
seventy-two cars over the estimate, re-
suited in n fractional loss. The eNecu-
ton of a bearish government report.
exeTted some downward pressure, but
the worst which can be said Of the
market Is that Il was easy. Light coun-
try offerings, as usual, were the chiet
support. Local bulls were the best
sellers. Some purchases were made by
the provision people. The local STOCK
Increased $4,000 bushels. Receipts mere
were AZ cars. May ranged from S5Ac
to 93hc, closing hdkc down at 5Skc.
In the oats market the feeling was cas-
Ter with wheat and corn, the volume OF
business small and the demand scatter
ed. Some liquidation was Hctuated by
fear of bearish government report.
Local receipts were 2l9 cars. May sold
from 23N024c, closing &c depressed at
25Hc. -
The provisions market, after exhibit
ing some tendency to weaken, turned
strong and closed firm at an advance.
Initial figures showed small gains from
Saturday, the result OF hog receipts
under the demand and better prices at
the yards. The outside selling IN
fiuenced by the weakness OF wheat and
some profit taking by local longs, re-
sulted in a decline OF 5d7iic. The de-
mand was good, some OF II from eX-
PARTING people and holders were chary
about selling at the reduced figures In
consequence OF which the market held
steady. Late In the session an iniluen-
tiaI concern purchased 1900 terces OF
lard. on the strength OF this the whole
IIst went up. May pork sold from
$40 95hdi1 I'M, and closed 'hqlOc
over Saturday at 81 12ladlb 90; May
lard from So 05a6 IS, with the close
nc IN Mt Sc 10. and May ribs from
s. SOFAS 90. closing 2Hd5c improved at
S. s7Ifd5 30.
Estimated receipts tomorrow:
Wheat, u cars; corn, $40 cars; oats
SsO cars; hogs 10000 head.
Cash quotations were as folloWs'
wSSateNo. . spring GOOSE No. 2 red
V' corn-No. 2. 5iHc: No. yellow 5lltc.
Onts-No. ., pc; No. white z95tV
25kc; No. , white 25d25l5c'