The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-26
.UHefeU. INbB0BAmentN paid.
Total sales OF stocks 5i2, 800 shares.
New York Mining Stocks.
preadstufs and Provislons.

CHICAGo-Wheat broke nearly SC
to-day, under heavy liquidation, but
closed steady at decline OF &c from
Saturdays close. Corn closed 1Q1Mc
down, oats Nc higher and provisions
from 171k820c reduced In ribs to S2Aac
lower for pork,
It was wild day in wheat-a battle
between bulls and bears, in which the
latter for the first time in weeks scored
victory July opened at S7Nc to
S65s, sold between Ssh and S3&c,
closing under Saturday at sec. There
was some dispute as to what really
were the opening figures. so many
trades took place at the sound of the
gong. Some made the initial range
from SSc to sGIsc Certain 1t is that
all sorts of prices were paid in jum-
BILE, and that two minutes after the
opening July changed hands at Sslac.
In the field OF news the bulls retained
their old friend, the northwest crop
wreck. Manitoba had rain. but Min
nesota and the Dakotas reported dry,
scorchlng weather. the kind that burns
up vegetation In short order. One
Dakota reporter had the temerity to
mention the appearance OF fly. What
harm the fly would do was not men
toned. On the bear side the bulletin
was the Liverpool weakness in the face
Of the 49sc advance here Saturday, the
excellent conditions prevailing In the
southwest and the heavy world ship
ments, which Included 100000 bushels
from Russia. There was also on the
49,, ,Jaa ~ th, fapon cboVvIpU an In
crease of 1,34S.0O0 bushels. The south
west said: Look out for big move
ment," and declared that harvesting
was progressing in many sections I'M
der the most favorable circumstances
with promises Of wheat enough to go
long way towards making up the
shortage caused by the northwest fail
ure. The items given undoubtedly
had some influence in the selling. Longs
were proflt-takers Saturday, and they
were ready for more to-day. The news
had the effect of prodding them along,
and to degree. OF lessenIng the de-
mand from crops, although the north
west was still credited with paying
good prices here to make up the home
shortage. For time, following the
opening, the market held steadily over
SIC The hammerlng by holders shortly
before noon. however, began to tell.
July sagged to SEC, and then, all in 4
few minutes, broke down to S3%c. At
S5c stop-loss orders In large numbers
were reached for the first time since
the recent advance began. and there
was such a rush to sell that between
S5c and the bottom there was scarcely
check TO the decline. Support, cred
tied by many, to Wall street interests,
caught the breaking cereal at SS&c,
and hauled it back to Sc cents, at which
the market closed. Receipts here were
1877 cars, 10 of which We're contract
grade. Minneapolis and Duluth re-
ported 474 cars, against CAB cars last
week and 9Sl cars year ago. Receipts
at primary points aggregated $4,000
bushels, compared with l,222,OO0 BUSH
els. a year ago. Clearlnces at the sea-
board in wheat and flour were equal to
$4,000 bushels,
Corn was active. and suffered with
wheat, and was at one time csc lower
than 1t closed Saturday. 1t recovered
IL of this loss, and closed 1Glhc
lower at 4lI5c. The range for the day
was between AM@42Ac and 4O&c.
Throughout wheat furnished the mo-
tive. Country offerings were report
ed larger Longs were heavy sellers.
with shorts and some of the old bull
crowd buyers on the breaks. Receipts
here were GlO ears.
oats alone Of the markets on the
board held against the downward pres
sure. with the break In wheat oats
dropped of, but recovered In good
shape. The support came from the
northwest In the shape Of damage
Claims accompanied by buying orders.
July sold between 26c and 2iAc, and
closed &c over Saturday at 25Ac Re
ceIpts were 2S4 cars.
Provisions were weak. under heavy
hog receipts and the wheat decline.
There was fair outside demand,
which became effective at the bottom,
and caused some recovery. The close.
however, was rather weak ut that
July pork sold between Sl2 j5 and $l2 10
and closed 32Isc under Saturday ut
sl2 S25: July lard between 81 90 and
Sc IS, closing zoe lower at Sc S7iE, and
July ribs between 81 O7A and SO 92h.
with the close l7hI2Oc down at Sc 20
96 S7ls
Estimated receipts tomorrow:
whent, POS cars; corn. no cars; oats,
$50 cars: hogs, $1,000 head.
The leading futures ranged as follows:
.rt,o,os Omen High Low. Close.