The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-08
Now York Mining Stocks.
BreadBtuffs and Provisions.

CHICAGo-The gravity Of the crop
situation in the northwest was the
mnln factor in broad, active and
buoyant wheat market to-day July
closing 1%@gc over yesterday. Corn
closed &c higher and oats Make i'm
proved, Provisions at the close were
from l2lhc better in ribs to 39Mc up in
pork
The dizziness of the month was broken
in the wheat pit and the space aliot-
ted to dealers In that cereal was jam
med with roaring. excited crowd,
which all at once seemed to recognize
that the crop in the northwest was in
imminent danger OF failure, July OPEN
cd Mt 6SM6skc, n shade changed from
last nights close. Then began climb
ing. Trnders were filled with items from
all over the northwest. Some said the
crop was already seriously damaged
that unless rain In plenty came the
crop would be failure and on top OF
all this the weather bureau prOphecied
fair and cooler weather Recently
these reports have been taken with
grain OF salt and the crowd generally
cOntentcd Itself with playing safe, nm
operation which resulted In some very
stagnnnt sessions. To-day the north
west made clamorOuR bids and others,
In sort OF panic followed In two
hours from the opening July advanced
to zoe. Then profit taking sent July
back to Gg9sc. huge amounts OF buying
had already been done on the advance
and the dip was the signal for more OF
it-cven more than had been done
carly Under this pressure from buy
crB July rallied to zoe and closed lMT2c
improved at G9707Oc. Liverpool was
TIld higher and Indiana, Illinois,
Ohio md Michigan sent In their usual
reports OF the bad condition OF the
crop. but those Items were quite over
looked In the rush OF the northwest
news a rumor that war had broken
out between Russia and Japan was OF
some help near the close. New York
reported sixteen loads taken for eS.
port, Clearunces Mt the senbonrd In
wheat and f'our were equal to $4,000
bushels. Primary receipts aggregated
$4,000 bushels, compared with SOS,OO0
bushels last ycnr Minneapolis and
Duluth reported i3S cars, against 60
last week and GaI year ago Local
receipts were &c cars, one OF contract
grade.
Corn was neglected for wheat. when
the advance In the latter began the
corn pit became almost deserted, the
scalpprs rushing into the biz show.
The market was inclined TO be heavy
on favorable crop news and rrcer coun-
try offerings, but the exceptional wheat
strength held the market up. July sold
between 3Skc and SSHc, closing Mo I'm
proved at 3SIac. Receipts here were
32i cars,
Oats were also put u long way into
the background by the activity In
wheat. The strength Of the big market
was the main factor In holding oats
steady. July sold between 2lisc and
2ikG2lMc. closing h0hc better at
2l&C Local receipts were $40 cars.
The provisions market was rather
quiet, but firm early, hut became nc-
tive and strong towards the end. clos.
lng sharply higher, The wheat
strength and Increased outside buying
were the factors. July pork sold be-
tween 81 TO and Sli so, cloBlnE 124c
over yesterday nt 81 so; July lard be-
tween so I7M6tG 92h. closing he Inn
proved at 50 92M and July RIBS between
50 70 and 50 So. with the close l2lsc bet
ter Mt so S2,s6lG So,
Estimated receipts tO-m0ircw
Wheat, 10 cars; corn, i2j ears oats,
$40 ears; hogs, $4,000 head,
The leading futures ranged nR follows: