The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-05-03
New York Mining Stock.
Rrendatuffa and ProvisIons.


cHIcAGo-The wheat market was
dull but firm, helped by higher Liver
pool cables and a bulllsh feeling among
traders, closing H9Nc to AG%c i'm
proved. Corn closed unchanged and
oats %@%c improved. Provisions suf-
fered a sharp break, closing 17hG42Hc
lower.
Considerations presented at the be-
ginning of the session In the wheat pit
were the strength Of Liverpool, dry
weather in the central area and trosts
in sections OF the west and southwest
following rains in Nebraska and Kan
sas. The Liverpool advance was en-
couragiug, II indicated an apprecla-
tIon Of the general bullishness OF the
situation as viewed from an American
standpoint. They appeared to have
concluded, as has the bull party in
Chicago, that Argentine shipments had
passed their weekly maximum and that
with only that country and America to
depend upon for seven-eighths OF their
wheat till next September, there was
danger In lowering their bids below the
present level. There was fair cash
business here-21O.OOO bushels, and eX-
Dort bids were nearer the market. New
York reported twenty-five loads taken
for export. The speculative trade was
light and dull Early deliveries on May
contracts were estimated at 100000
bushels. Brokers acting for elevator
people, were active changing-buying
May and selling July at INC difference.
May, therefore, was relatively stronger
than July. First figures were l5c over
Mondays close, and there was u small
hV ghnFtq
and a fair export demand, but the
bulge gave way later on freer offerings,
but part of It was recovered before the
end OF the session. Seaboard clear
ances in wheat and flour for two days
were equal to $4,000 bushels. Primary
receipts were 444, 900 bushels. compared
with 5000 last year Minneapolis and
Duluth reported 3O5 cars, against 26V
last week and 2SS a year ago Local
receipts were twenty-three cars, none
OF contract grade. July opened &Glsc
over Monday at 67Fsd67&c; sold be-
tween 67%c and 6T3sc. closing hWAc
improved at 67&d67lAc. May sold be-
tween -G5kc and 6514TGjssc and closed
AdSc improved Mt G5&c.
Corn was firm, but not generally ac-
tive. Gables were higher receipts light
LA cars here-and the wheat strength
WIS III gully oAfHbt - Inc ~ =
trade, but the market was choppy nf-
fair. with changing" the feature.
There was n slight narrowing OF the
May-July difference. Deliveries were
about 100000 bushels mostly taken
by two leading bulls. There was good
export demand. New York reporting
sixty loads taken for foreign shipment.
July sold from 4lhc early to 1850, clos
ing unchanged at 4lc.
Oats were Arm. May especially so. Ell
eVntor people took Mny with such per-
sistenCe that the spread narrowed from
1IsG15ac. The cash situation was de-
cided Improvement, the export being
some extreme apprehension over dry
weather. Dealings on May contracts
were 775. 900 bushels. Receipts here
were us cars. July sold from 93hI
23Ssc, and closed sc higher at 2SEm
23stc; May closed NC higher at 225sG
&c
The provisions market was weak and
the trade IN hog products generally
quiet, although there was n squirt of
nervous activity early. The opening
showed q severe break and great lr-
regularity in prices. Hog receipts were
heavy and the market at the yards
weak. two considerations at the begin
ming Of the session. There was no par
tlcular demand and plenty OF stun for
sala and In consequence there was very
little recovery. July pork sold from
Sl2 45G12 Is. and closed 42lsc under
Monday at Sl2 l7ls; July lard from
81 O2k to Sc 80. closing zoe down at
SC 81, and July ribs from 50 S2lA to
SO 72lS. with the close 17i=c depressed
at SC 77h.
Estimated receipts tomorrow:
Wheat, Is cars: corn. 200 cars; oats,
1872 cars: hogs, $1,000 head.
Note-The rule limiting trading in fu-
lures on the board Of trade to sixty
DAYS went into effect to-day.
The leading futures ranged as follows: