The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-09
Total sales Of stocks we're 2SS7OO shares.
New York Mining Stocks,


-BrsadstuRs and Provisions.
cHIcAGo-Heavy general buying,
caused by the dry weather in the
northwest, advanced July wheat 2Ac
to-day, Sympathy With wheat ad-
vdnced the other markets July corn
closed lk8lMc and July oats Nc high
er. Provisions at the close were from
6Gb7hc improved. July wheat opened
at 7l97lAc, a fiat jump from yester-
days close of from 1MDlAc. Then
began q trade which IN eXcitement eX-
ceeded even yesterdays. when traders
were referring to the days Of the Lei
ter deal for comparisons The advance
was occasioned by the fact that the
northwest was still without rain. Red-
liZing sales were heavy, however, and
July following the opening declined to
70Kc Then the pressure of buying or
defs, punches of which every man In
the pit seemed to have in the greatest
plenty, came to the aid OF the market.
and July shot up to 7lBc. Lots which
during the recent dizziness would have
caused a break in prices were absorb
ed without tremoT At this point the
weather bureau announcement Of indi-
cations of showers for the northwest
Saturday, caused some cessation in
the buying and the tHkers Of profit
forced July gradually buck to 70hc.
The dip, however, merely gave the buy
eFs a breathing spell. for ut the price
lust quoted they jumped into the pit
with renewed vIgor. Northwest inter-
csts bought enormous quantities. as
did influential locals. Some who went
short early upon the theory that the
advance of yesterday would in the
natural course OF things be followed by
reaction, covered, thus aiding in the
advance. Trading during the last hour
was very heavy July climbed up to
72Mc and closed CSC improved at 12B4
72@c. Cables were strong and the sit
uatlon in Indiana, Ohio and Michigan,
not improved, but these considerations,
as well as the immediate cash position,
were far In the background as IN
fluences. The northwest had the center
OF the stage all to itself. Testimony
from the spring wheat territory was
nearly unanimous that the crop situa-
ton was becoming more critical. AS a
rule private adviCPs from the north
west described yesterday as the worst
which the crop has undergone so far.
High winds and sand yesterday, II was
said, DID further damage TO the North
Dakota crop. Throughout the entire
session the northwest bought. persist
entity and heavily. Naturally, there
was great deaf of iiquidattns, but the
small part the northwest took in this
was noticeable and was n factor In the
squirt with which the session came to q
close. New York reported nineteen
loads taken for export. Seaboard clear
nnces in wheat and flour were equal to
AZ, 900 bushels. Primary receipts az
gregated 665, 900 bushels, compared with
75S,0OO bushels last year. Minneapolis
and Duluth reported $50 cars, against
7f4 last week and $50 year ago. Local
receipts were seventy-twO cars, two OF
contract grade. Corn was easy and
dun during the first advance in wheat
and gave no indication Of the masked
battery 1t had prepared for the bears,
and which 1t uncovered ut critical
time and sent them rushing to cover.
The pit had been deserted in favor OF
whent until some buying orders brought
out the fact that there was very little
for sale. In a few minutes July went
up over cent n bushel The condi-
tlOn disclosed in corn was due 10 the
wheat strength and once started, the
shorts were not to be denied July sold
between 3SAc and 40MC. closing l5GG
INC improved at 40U4Ohc. Local re-
ceipts were asa cars. Country oner-
ings were small.
Oats, like corn, Jagged early, but later
In sympathy with the corn and wheat
strength, brRred up and closed strong.
although trade was comparatively not
very active. Shipping business was
slow. July sold between ei&c ana ssGg
22&c, cistng NC better at 22i5@22@c'
clsing NC better at 22iac, Receipts
here were l57 cars
The provisions market was firm IN
sympathy with wheat and corn, The
opening was firm on m advance Mt the
yards, but hogs later eased OF, ceGsihg
ms bull influence for the day. There
was n fair demand, but offerings In the
pit were fairly liberal. July pork sold
between Sll as and 81 30 and closed
PIC over yesterday at 81 S79f: July
lard between SO Q5 and 81 90, With the
close DC higher ut 81 90, and July ribs
between sd SIS and SO 30, with the close
5I7tac better nj Sc 80.
II, Estimated receipts tomorrow;
Wheat, 80 cars; corn, 800 cars; oats,
1856 cars; hogs, 10000 head,
Tho leading futures ranged Ms totiowsi