The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-01-19
Breadstuss ana provisions,

CHICAGo-The wheat market was
depressed to-day by lower cables and
favorable crop news, but towards the
end rallied somewhat on report of frost
damage to the French crop, May clos
ing rather easy, sc under yesterday.
Corn and oats closed each &c lower.
Provisions, weakened by realizing,
closed 21s@12hc lower.
The scanty array Of news to-day
served It's daily purpose OF emphasIz.
ing the fact that the supply Of wheat
is away over the demand at present.
The session was dull, with put and call
transactions eliminated. as per the
board Of trade edlct of yesterday, with
steady stream OF wheat going out,
which weakened prices, save towards
the close. At the opening with Liver
pool, crop reports were favorable. and
the Argentine with an alleged export
able surplus of 72,OOO,OOO bushels, May
at 65IkG65%c, showed loss over night
OF A@%c. A little buying early car
ried the market to 65%965&c. From
that the price gradually sank, with oc-
caslonal fits of steadlness, to 64%c for
May. Near the end of the session a
private cablegram brought confusion of
a report Of damage to the French crop
by frost. Shorts covered, and there
was some good buying on the report,
which Influenced an advance Of May to
65I5c, at which 1t closed, rather easy in
tone. The seaboard reported twenty
two loads taken for export, and $1,000
bushels were sold from here. Atlantic
mort clearances in wheat and flour were
equal to 100000 bushels. Primary re-
ceIpts were $4,000 bushels, compared
with $4,000 bushels last year. Mlune-
apolls and Duluth reported 272 ars,
against al cars last week, and $50 cars
a year ago. Local receipts were IS
cars. none Of which were graded con-
tract.
The corn market had its usual supply
OF supporting news ut command to-
day, wet weather, small offerings and
steady cables-but the influence OF a
weak wheat market was Just strong
enough to hold the price down. The
market was not a large one, nor was
business active. The shipping de-
mRnd from the east was particularly
moor. Receipts here were 1913 cars.
May sold from S3%o to 23Ac, renctinE
from the bottom with the advance IN
wheat, and closing steady. May &c
under yesterday at 33hc.
The oats market was sluggish for
although the demand was poor, the
wheat decline failed to depress It to any
extent, Local receipts were III cars.
Nav ranged from &c to 23Nc. and
closed Nc depressed at 23A12lc.
The significant feature Of the provi-
sIons market was the dizziness Of trade.
The volume OF business was much
smaller than It had been recently, and
holders we're disturbed by that fact. AZ
the opening the market was firm, and
prices went up a tribe on hog receipts
which were not rs large as estimated.
and better prices at the yards, but early
strength soon ebbed away under the
steady liquidation. May pork sold
from $40 s7h to $40 80, and closed at
$40 OO6Bi2 30 under yesterday Mt $40 S2h;
Nav lard from SO O5 to IS s565 s7Ih, clos
ing &c lower Mt 81 sTif, and May ribs
from s. s2M to IS 72h, with the close
2md5c lower ut 81 Is.
Estimated receipts tomorrow:
wheat, 20 cars: corn, 275 cars; oats,
100 cars: hogs $4,000 head.
Cash quotations we're as follows;
Flour-Easy.
whent-No. 3 spring. 5oks62c; No. 2
red. 65R6sc
Corn-No. ., 51lhc; No. 2 yellow, 3t&c.
oats-No. ., 23Nd23%c; No 2 white,
25Nc: No. white, 25d2Gc.
Ryc-No. 2, 52d54c
Rarley-No. ., 3SdIoc.
Fiaxsecd-No. /, 81 90; northwestern,
81 ~
Timothy sccd-Prlmc. 50 60.
Moss pork, per barrel, 50 256 10 62h;
lard. per 100 pounds 81 72hG5 So: short
ribs sldcs. Cloosel. 81 SOFAS so; dry sailed
shoulders tbdxed}. 5iI@5%c; short
clear sides. tboxcd), IS 1906 90.