The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-18
New York Mining Stocks,


CHICAGo-The light domestic re-
ceipts and the small decline at Liver
pool in the face OF the heavy slump here
yesterday resulted in firm wheat
market to-day, May closing lsgSc in
proved. Unseasonable weather gave
backbone to corn, May closing hg9sc
over yesterday. Oats at the close were
M3Hc higher and provisions a shade
lower
After the deluge OF liquidation which
marked the two preceding sessions OF
the board Of trade, the opening to-day
found a crowd Of shorts ready to cover
on slight provocation; There was a
general feeling too, that a decline OF
PIC would In the natural course OF
things be partly reEained. The rela-
lively small loss at Liverpool compared
with the 1X@1hs loss to the price here
yesterday, combined with light north
west receipts, therefore, constituted
sufficien: excuse for buying by shorts.
May opened &c over yesterday with
trade fairly active. The outside de-
mand was small, but the local buying
pressure was sufficient to influence an
advance, May ascending TO SEC. Al
this point the market met free selllng
against calls. This, together with
rumor of British victory In South
Africa, caused a reaction. May selling
of to 65M 166Ikc. The market steadied
on buylng against puts and again nd
yanced, a fresh demand having arisen
carrying May to 6sGeshc. The close
was Arm. May hd%c over yesterday at
65Jsc Though quiet ut times, trade
generally was active
Corn was firm NIL day, supported by
firm cables, unseasonably wet weather
and light country offerings. The ship
ping demand was not as good MS 1t was
earlier in the week. At Its best the
price for May Was up %9}sc from yes
terday, but profit taking dulled the
edge OF the gain. Liverpool reported q
strong spot demand, but the cash busl-
ness here failed to derive any strength
from the firmness OF futures. Receipts
here were 237 cars: May ranged from
33isc 10 S3%c. closing hQ@c over yes
terday at 33&c.
Oats were steady, because the other
grain markets were firm. The volume
or business was only fair. Shippers
worked $4,000 bushels to the seuhoRrd'
but the demand from this quarter was
moor, Receipts here were 323 cars May
sold from 2Ia2iMc, closing Mqhc up
at 2Ia2iMc. Provisions opened within
show OF strength on hog receipts a bit
under expectations and firm prices NJ
the yards. Liberal pronl tuklUB ihtci
Influenced a decline, which reduced the
price to practically yesterdays final
figures. The volume OF trade was not
large. but was generally active. May
pork sold from $40 Sc to 81 O7h. and
closed n shade lower ut $40 92hnlO 80;
May lard from s. 97ls TO so 0Ilh. clos
ing unchanged at Sc 02ih, and May ribs
from IS rs to s. SO, with the clcsc Il
shade down at 81 77ihG5 so.
Estimated receipts tomorrow:
Wheat, Is cars; corn. 325 cars; oats,
$50 cars: hogs. $1,000 head.
Cash quotations were as follows:
wSeateeNo. spring 6oSs2Mc; No. :
C coTn-NO. 2. Sl%91%c; No. yellow
32c. . III.
2bK a26c: No. 3 white 2bk92sc.
Rye-No. 2, 52d54c.
Barley--No. 2, 3S4lic.
Flnxsced-No l, 81 30; northwestern
81 30.
Mess Pork-Per barrel 50 a5alO 121s
I,nrd-Per 100 ms, 81 s2t5d5 go
Short Rlbs-sldes Ooose) 50 b59b 3d.