The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-04-09

Rrsndstuffs and Provisions.

CHICAGO-A report was current on
change to-day that some Influential
longs were ready to disgorg2 their cora
holdings. This was an influence in ths
grain markets, which were easier. Fear
Of a squeeze in ribs was potent In the
hog produce pit, the closing being from
2hc improved in pork and lard to lOc
higher In ribs. May corn closed steady
at 9s@hc lower. May wheat weak at u
6Ac down and May oats easier at u
loss from yesterday of &c.
Corn opened weak, but found some
friends afVer n concession Of about 8F
from yesterdays closing figures. They
held IL up. and gradually forced 1t Vi
a shade over yesterday. But they were
not strong enough to hold the advan-
tage. There was bearlsh element nj
work in the pit, and considerably en-
boldeued by the report that certain
heavy longs were ready to reap their
harvest Of profits, brought considerable
pressure to the selling side. There
were those who thought the market
was much too broad to be Influenced
by a. single heavy Spectator or even
a coterle of them. one student of the
situation remarking that the great
American steer and hog were running
the corn deal this season. Some re-
ports made country acceptances over
night freer, while others said the FAR
mers were still disposed TO keep the
coarse grain in their own cribs. Liv'
erpool was lower for futures, but firm
for spot. Baltimore reported 25O.0OC
bushels accepted by the othet' side. Lo-
cal exporters reported foreign bids away
out of line. Primary receipts were
$4,000 bushels, compared with 3lS,OOl
H.. .,1s
clearanceI were $4,000 bushels. Re-
ceipts here were 362 ears. May opened
Nc to &c down at 39%44Oc. advanced
to 4ONc, and then reacted to 398c, clos
ing steady, &@hc down ut S9B@4Oc'
Trade was active at times, but the vol
ume OF business showed a railing OH
from recent quantities.
Wheat was dull and weak. Shorts
had their eyes on the actions OF corn,
bus the general attitude was bearish,
and Il told in the end. The cash de-
mand was poor, and the supply on the
floor generally over the demand. The
market took brace following the
opening. In sympathy with corn. but
promptly weakened when the big cereal
reacted. The speculative trade was
light. New York reported five loads
taken for export. Seaboard clearances
COO bushels. Primary receipts were
$4,000 bushels, compared with AL,
bushels yea ago. Minneapolis aud
Duluth reported 463 cars. against 4Sl
cars last week dnd 359 carr a year ago,
Local receipts were "A cars, none OF
which were contract grade. May opened
unchanged at 66& @66hc, declined to
66Mc, reacted with corn to 66Bc and
then broke to 66Isc. at which the mar
ket closed k6%c under yesterday.
The provision market was firm and
fairly active. in spite OF the grain cas-
mess and lower prices at the yards. A
good demand from packers. together
with fear OF squeeze In ribs. th9
supply OF which Is light, were the fac
tors. Interest was kcenly centered IN
May ribs. Shorts were very nervous.
May RIBS sold from 81 90 to 81 - and
closed 1Oc over yesterday at 81 02h: hiay
pork from 81 267Ik to Sl2 S2h closing
2ILc up at $40 10, and May lard from
IS 62h to Sc 67h. with the close 2hc
better at Sc 65. There was considora-
bic proht-taking throughout the SEES
sion.
The oats market followed corn. The
speculative market was tame, shippers
being the principal sellers. Local re-
ceipts were l75 cars. May sold from
25 to 24A924%c, closing &c lower al
2I%c.
Estimated receipts Monday;
Wheat, so cars: corn, 415 cars; oats,
$50 cars; hogs. $4,000 head.
The leading futures ranged rs follows;