The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-04-05
New York MINING Stocks.
Breadstuffs and Provisions.

Breadstuffs and Provisions.
CHICAGo-This was n day of ex-
element on Change. The trade in both
grain and provisions was bewIldering In
its enormity. The corn and provisions
pits were the centers OF interest, but all
over the floor the effect Of an increasing
demand was felt. The news generally
was bullish but 1t was overshadowed
by the Irresistible buying fever. May
wheat closed &@7sc: May corn 17G2c;
May oats 7S9lc, and provisions from
22HG45c higher than Mondays final
May corn opened %9M0%c over
Monday at $685. 94Oc: sold TO 411kc, the
highest price since May, 1895, and clos
ed strong and buoyarJ 1900 improved
at 4l3sc These fgu es tell the story Of
a demand thai seemed to know no full
filling. There was clamor for July as
we'll US May and contrary to recent
practice, the shipping bids followed the
advance. Eight loads were sold here
for direct export-.a bit OF news rescued
from the total of the dsy's business
items. There was liberal profit taking
at times and some heavy pocketing OF
losses by shorts. 1t was expected that
offerings which were light early. would
be more free over forty cents, but the
market passed that figure, with its
fractional additions with scarcely n
tremor. There seemed to be no leader
ship-just big general scramble for
corn for all sorts OF uses
In the field of news were the Liver
pool advance which was considered by
shorts early; news of serious damage
by floods in Argentina and the usual
light country offerings at Ale offerings
for profit were more liberal and the
price was crushed back to 4O&c. but
they were hungrIly swallowed and the
market shot up again to 4lisc, closing
shortly after this point was touched.
Local receipts were 1922 cars. Atlantic
port clearances were 1.l72,OOO bushels.
Primary receipts were 1.OsO.OOO bushels
compared with 72S,000 bushels year
ago.
May pork opened 95d55c over Mon
day at $i3 0OdlS 80; sold to SlS %, the
highest price since 1894 eased of on
profit taking to $l3 10 and closed 45c
lard and ribs were less wide. May lard
ranged from sc 67AG6 IS. closing 22iAc
up at Sc 10, and May ribs from SO S00
6 92la, with the close 27Ac better at
So 9OG6 924E.
AZ in corn. the session was one Of
great activity and strength. An adj
vance in hogs Of zoe since Monday, the
bulllsh showing OF stocks and the up
ward trend OF corn were the main in
fiuences. There was heavy demand
from commission houses and packers
and shorts were compelled to do deal
OF covering. The trade much OF the
time was too large to be intelllgently
followed.
A. . ,,,o.,,Io tt,,c -, ,I,ok ,,,hoat hrolyn
Its own record for year. so those In
the pit said. The trade was excited,
the pit crowded, but the general feeling
in the sufTiciency of stocks to meet all
demands was such that the excitement
did not approach the wildness apparent
in corn and proyisions. May opened
sc higher Mt 6Thd67ssc, influenced by
higher cables, reports Of damages to
crops in France. Largely under the in
fiuence of the corn and provisions
strength the market rallied later to
6SAc. The bulge met profit taking and
May eased back to 67Mc, but steadled
and closed strong &G5c improved at
CSC.
st. Louis and the local talent were
both short and had to cover The
northwest sold The bears werc not
without statistics to bring forward In
support of their position, but they were
swept away In the fever for buying. At
lantic port clenrHnces in wheat and
-four were 100000 bushels all but 100000
bushels of Il In flour. Primary receipts
were 665,OOO bushels, compared with
$4,000 bushels last year. Minneapolis
and Duluth reported 374 cars, against
Az last week and 800 n year ago Local
receipts were los cars. one OF contract
grade.
There was the same experience in
oats as in the other markets, general
demand big enough to overshndOw all
else. One hundred thousand bushels
were reported sold for export The
strength In the neighboring pits was
the chief influence. The commission
house buying was mainly OF July. Lo-
chi receipts were ~ cars May ranged
from 2iAd25kc and closed Adlc over
Monday nj 25Ikc. July sold from 2iA@
255Ed25lsc closing 1hdiAc improved at
25ac,
Estimated receipts tomorrow;
Wheat, 60 cars: corn. 600 cars; oats,
go cars; hogs. $4,000 head.
Cash quotations were as follows;
wheat@No,' . spring, Ci6G7lsc; No
corn-No, !, 4o%c; No. ? yellow, 1870
41hc,
Oats-No. 2, 25N @2Gc; No white
27hG2sikc; No, . white, 27}aI2Shc
Rye-No 2. SEC.
Barley-No. 2. i06A4c
Flax sced-No /, 81 CO; N, w, 81 6i.
Prime timothcy seed. SO $500 10.
Glover, contract grade, 81 CO.
Mcsa pork, per barrel. Si2 Goals 30,
Lard. per 100 pounds. So 60d6 %,
Short rib sides, loose, Sc Sbq7 TO-