The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-04-03
Rrendstnffs and Provisions

CHICAGO-The corn market was az
tive and strong to-day. Helped by the
heavy export demand and light oher-
ings and price scared to the record Tor
this season. May closing &c over sat
urday. The strength OF corn turned
the scale in favor of higher prices IN
the wheat pit, which otherwise was ar
tiicted with statistics OF two Sorts, may
closing A0l5c higher. Provisions closed
SG7iIc to l5c improved and May oats
hgAc up.
The market for corn began the sess-
ion with a squirt of activity and
strength which was not reduced
throughout the day.
The reduction in the Liverpool
stocks was about the only Item in the
statistical array which excited conssd-
Grafton. Otherwise the buying was
prompted by the heavy export demand
and the very light country acceptances.
Shipping sales for the day were put at
ISL. 900 bushels, all but 100000 bushels OF
which was sold for direct export. The
visible supply increase showed 44LOOO
bushels, but that makes only 2l,552 0VO
bushels in comparison with S2,tSrVOV
bushels year age. Primary receipts
were S2s. 900 bushels. against $4,000 a
year ago. Receipts here We're S62 cars,
Atlantic port Clearances were IO5'oVO
bushels. Shorts covered freely through
out the day. May opened &c over sat
urday at 3SMd39c and advanced to
39hc, top price this season. closing &c
over Saturday at 39Sa39I2c.
Wheat should have declined accord
ing to the views OF the exports on
Change. But it did not. The demand
for export kept modestly in the back
ground and both the visible and the
amount on passage increased. Liver
pool was merely steady and domestic
reports were favorable TO the wei be-
ing OF the crop. On the other hand the
bulls banked on the reports OF cola
weather in various parts of Europe, the
reduction in shipments from Russia
last week; the story OF injuries 10
wheat in stack In Argentina by the
heavy rains and the official India crop
report showing low percentages Tor
the different important grain pro-
vinces. The strength Of corn naturally
reinforced the bull position and so the
market went up. There was GOOD
commission house demand. the reason
for which was something Of mystery
and shorts were made uucomtorthDle
Inv the course OF the market. The sea-
board was relatively strong, the north
west relatively weak. New York re-
ported the days export business ~ ten
loads. ClearanCes in wheat and Hour
were equal to $50. 600 bushels. Primary
receipts were 75s, 600 bushels, compared
with $4,000 last year Minneapolis ana
Duluth reported $50 cars, against III
last week and sol q year ago. Local
receipts were sixty cars. two OF con-
tract grade. May opened hm%c up nj
GTGG7hc and advanced early to 6'nc'
From that point the bears forced the
mice down to 667sc. The India crop
report came towards the end and was
influential in the reaction which had
already begun and May rallied TO 6'bg
67Isc. The bulge met profit taking and
May reacted to 6Thc, closing $50 &c
higher at 67hdG7hc
The provisions market was stronE
and active in spite OF liberal profit TAX
Ing The strength OF corn. buying OF
hogs as well as product by an intluen-
tlnI packer and also buying by sold out
bulls. were influences to which the
strength was attributed. One firm took
In l5. 900 tierces OF lard at practically
one price. The cash demand was good
Nav pork ranged from Sl2 6Oml2 S2li
and closed l5c over Saturday at Sl2 90
MAY lard from SO i2lRgG 40 TO 50 %,
cIosInr l0c improved nj Sc Az. and
NAV ribs from SO 57AGG 67is, with the
close 5a7hc up at Sc 62H@6 G5.
Onts were firm helped unqucstion-
ably by corn. Country offerings were
small. although the supply in the west
is believed to be large. Spring work Is
impending, but the country roads are
reported In n bad condition. Receipts
here were 224 cars. May ranged from
2iAd2issc and closed hQAc over SAT-
urlay Mt 2iiad2iNc.
Estimated receipts tomorrow;
Wheat ~ cars; corn, 600 cars oats
3l5 cars: hogs, 10000 head,
Cash quotations were as follow5'
Flour steady. =
whcat-No. 3 spring 63@s5hc; No :
corn-No. 2, 3sMaaS%c; No. . yellow
39d30Ac. ,
oats-No. 2, 2IisG2i&c; No, ? white
27igd2Sc No. white 2Id2I5ac.
Ryc-No. 2, Doc.
Barley-No. ., 4OGiSc.
Flaxsecd-No ! 81 65; No, ] north
western So 3502 40.
Mess Pork-Pcr barrel 81 lb@l2 so.
Lard-Pcr 100 lbs, SO 35a6 30.
shGrt RihE SIdcE GonHol Sc 55stG no.
Dry snlted shoulders (boxed 6hq
6I5c.