The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-07

BrcAdstans aud Provisions,
CHICAGO, Oct. 6.-Wheat was strong
AZ the opening to-day Liverpool opened
"a higher, and Paris was up an equal
amount. In addition to the lnvlgorating
influence OF the foreign advices the trade
was advised Of sales OF 10000 barrels
Of -four yesterday at Minneapolis, good
share OF which, 1t was claimed, was sold
for export The Ohio state crop report
showed yield Of only 27,375,e08 bushels
compared with s2,OOOOOO bushels last
year, and said that the prospects for
winter wheat were very poor on account
OF the prOtracted drouth. The weather
map gave no indication OF an improve
ment in the prevailing conditions for
the next 80 hours, First sales OF Decem-
Der were at from 92Ac to 93lsc, compared
with yesterdays closing prices of 9lAc.
The opening prices were SO tempting as
compared with the closing OF the pre-
vlous day that line OF over l,OOO,OOO
bushels OF wheat, presumed to have been
held by a local Spectator, was thrown
on sale. The market took 1t almost with
hhN NAlblNt kAlN hlllg illNNk 'Nihb ~
decline, Then the market bounded TO
92Ac. But perfect flood of wheat came
on the market at that price, the result
being that December was pounded down
to 9lbc. Northwestern receipts were lib
eral at 1908 cars for Minneapolis and
Duluth, against SEQ last week and 1,lb2
last year Local receipts were 3l3 cars,
against 2Sj expected. Below a certain
price the demand for wheat seemed prac-
ticaly unlimited and indicated the pres
ence in the market OF some powerful in
terest, At 9l%c the offerings were alb
sorbed so fast that shorts became
alarmed and started for cover, This
sent the price up ia within &c ut the
top figures, when offerings again became
In excess Of the demand and another re-
action followed The Bradstreets re-
ports of the available supply of wheat
showed an increase OF 2,9l4000 bushels
against 910, 000 bushels the previous week
and 1920, 900 bushels for the correspond
ing week last year. OF the increase dur
Ing last week 2,3l40O0 bushels were In
the United States and Canada east nf
the Rockies and 100000 bushels in and
adoat for Europe, These figures, which
were much less than anticipated, and
helped by reported export engagements
of seventy bdatloads, made the market
very strong toward the close. Deem
Der was bringing 92Sc as the session
ended,
There was a firm feeling in corn, with
the trade Influenced by the drought and
the government crop report, which "a
due Saturday and which is expected 10
show a material decline In condition
Gables were also higher. There was very
good buying by strong local commission
firms during the morning, but offerings
Increased at such q rate on all the adj
vances that the market made but little
Roadway. The visible supply Increased
l,5IG,0 600 bushels. Receipts were 400 cars.
Atlantic clearances amounted to $4,000
bushels. December ranged from S0lsc to
S0Hc to 29&c. closing bqAc higher at
2Od3Ohc.
Oats were firm at n slight advance
mainly the result Of the Influence Of
wheat and corn. New York did some
buying and the foreign demand contin-
ued urgent, both of which facts helped
prices. Trading as a whole was unim-
portant. The visible supply increased
Ga 900 bushels Receipts were 2f7 cars,
Clearances, $4,000 bushels. December
ranged from 2O62Ohc to l9&dl97sc, clos
Ing &c higher at zoe asked.
Provisions were decidedly weak. An
advance Of 30 In the English lard mar
kets and much smaller local receipts OF
hogs than expected helped the market
around the opening, but n slight rally
brought out liberal quantities for sale
and the market soon became heavy. The
demand died out almost entirely as the
session advanced, Closing prices were
at the bottom December pork, nc
lower at $SO2isSOj; December lard,
t2isc lower at $4.SIis, aud December ribs
nc lower at A.62h.
Estimated receipts Thursday: Wheat,
200 cars; corn, AIS cars; oats, 800 cars;
hogs, 10000 head.
Cash quotations were as follows:
Flour firm.
Wheat-No. . sperlng wheat. Size;
No 3 spring wheat, SOaSic; No. 2 red,
95Ssc,
Corn-No .. 2SHd2SNc; No yellow
corn 2S4 G2S&c
Oats-No. .. 1910; No, 2 white, 22iAc;
No white, 2ld22c.
Ryc-Nd. 2, iGAc.
Barey-No, nominal; No. 3, 2S6ilc;
No L. 2Giaq26Ac.
FlaXsccd-No. /, 9ld91c.
Timothy seed-Prime. 81 62is,
Mess Pork-Per barrel, 81 OONS Oj
Lard-Per 100 pounds, 81 32iST4 30.
Short Rlbs-Sldes 0ooSsl, 81 75a5 10.
Shoulders-Dry sailed boxed 5d5hc.
Short clear sides boxed, jAd5Mc,
Whisky Dlsullers' tinished goods,
per gallon, &l22.
on the produce exchange today the
l5a2iiac, dalrles, 12Ql9c.
butter market was steady; creamery,
Cheese steady at Sdqc,
TFvUg gt.nINss fraah Igtkr