The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-28

New York Mining Stocks.
BreadstuiFs and Provisions.

CHICAGO-Wheat was active and
firm, closing 14sc over yesterday. The
recovery was due principally to a ces-
sation Of liquidation. a big cash busi-
ness helped corn futures. July finishing
the session l9sc improved. Oats closed
shade higher and provisions strong.
Iuiy pork 52Isc, July lard 224c and
July ribs 22lsc better.
The liquidation which set in Monday
had not quite spent itself last night,
and some flag ends Of II tumbled into
the wheat pit Mt the beginning OF husi-
ness to-day. This. together with some
decline in Liverpool cables, caused cas-
mess early. July opened unchanged TO
nc up at SIC to S2lGc and quickly sold
OF to Size. At this point the ltquida-
ton took the form of scattered selling.
The demand was excellent from the
northwest and the seaboard and sold
out bulls were also active in replenish-
ing their stocks. The remainder of the
session consequently, was strong. Com
pared with recent sessions. trade was
quiet. The rally was gradual and the
best price was not reached until after
noon. when July perched at SiGc. The
bulge brought out profit-se2kiHg stuff
and n dip to S3Ac followed. but the
market quickly recovered to S2%c and
closed firm. July i9sc over yesterday Mt
SS&c. August wheat sold between S2Ac
and s59sc. closing l%c mp at S49sc. Liv-
erpool following her opening weakness
turned strong and was in this way of
some influence In the recovery here.
The crop situation was not materially
changed, according to private messages.
There were light rains In the northwest.
They were Il factor In the dip from
Silhc to S3Mc, but the recovery which
followed this showed the prevalence Of
the opinion that the northwest crop Is
practically beyond hope. New York re-
ported forty loads taken for export and
there was some export inquiry here.
Clearnnces at the seaboard in wheat
and flour were equal TO 800 900 bushels,
Primary receipts were 10000 bushels,
compared with $4,000 bushels last
year. Minneapolis and Duluth reported
24i cars, against 35l last week and 49l a
year ago. Receipts here were ninety
cars. three OF contract grade.
Corn did not share In the early weak
ness Of wheat, but readily responded TO
Its later strength The fear Of possible
damage to growing corn from excessive
beat or some other cause was agra
waited by reports OF extremely high
tempera lures In parts of Kansas, Okla
homn and Missouri The loss of the
hay crop In the northwest and an eN-
Ccllent shipping demand We're likewise
bull factors. Receipts were 5l9 cars.
Country acceptanCes were light and
Liverpool was strong. July sold be-
tween 41%@4lIsc and 1890; closed l9sc
up at 42Nc.
Oats were strong, opening at decline
but recovering II. Trade was rnthar
quiet and the other grains were the
chief influences. July sold between
2iNc md 25Ssc. closing n shade over
yesterday at 257kc Receipts 22b cars.
Provisions were strong and fairly
active helped some by the grain
strength. but chiefly by good outside
demand. July pork sold between
Sl2 40di2 so. and closed b2Lc over yes
terduy Mt $l2 so: July lard between So 10
and 81 O2ia, closing 22Isc better at
81 O2ih and July ribs between 81 Of and
81 20, with the close 22Ec improved Mt
81 90 Trade IL gradually shifting to the
September delivery and In these options
pork closed Soc higher ut Si3 O2Ia; lard