The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-07-22

previously rapidly advancing quotations
at the opening this morning and had
| even fallen back Id before trading
commenced here, That, however. ap-
peared 10 be a masterful stroke of busi-
ness strategy; for from It's effect upon
| prices here at the start II permitted the
filling Of a great many foreign buying
orders which were on the market. For
eigners are taking everything In sight
here said a message from New YORK.
Liverpool in the meantime, recovered oil
Its early loss and the acceptances OF
| cash wheat offered from New York by
cable last night were accepted 20 the
extent OF about 100000 bushels, accord
ing to kilograms from the seaboard. The
latter items of news caused a rapid re-
| covery from 1c per bushel, decline, with
which this market started and In the
| course OF forty minutes from the OPEN
Ing even &c advance over yesterdays
| closing quotation had been recorded.
The domestic situation was somewhat
mixed. The receipts Of new wheat are
falling far below last year. Primary
points only got 24,5OO bushels to-day,
against 1852, 900 bushels a year ago. CHI
cago received eIghty-three cars, OF
which thirty-six were new. The North
west cars amounted to 29S.
Heavy rains were reported In the
| spring wheat country and claims were
made to the effect that damage had al
ready resulted from too much moisture.
These reports were OF course, denied
with the assurance that the rains were
very beneficial and timely. especially In
the Red river valley, Atlantic port
clearances amounted to 277,OOO bushels,
| wheat and flour. Local sentiment
among the big spectators was very
/ buiiish and the bear crowd was pushed
to the limit In an endeayor to cover.
| September advanced &c from the lowest
price made at the opening and retained
a net advance OF lie, September open
ed M01c lower, at 1%q72kc, sold to
73k 472%c TO 7ikc to 73Xc to 74&c to
7Ihc. where II closed.
Corn had to thank the rise In wheat
for a recovery from a NC decline at the
| opening. The generally favorable re-
ports from the fields were OF course The
cause of a disposition to sell on all hard
| spots, hut short sales on the other hand
were speedily covered on an indication
OF reviVing demand. The trade was al
most entirely local. and Of a
| scalping character. Receipts were 4s4
cars. The clearances from Atlantic
ports were 4Oi.296 bushels. Liverpool
reported a decline in price of I'D per
| GENITAL. September opened Ease lower
at 26%I26hc. sold at 26k Q2GSc, recov-
cred to 2G%c, closing with sellers at that
figure.
oats, like corn. wa not very con-
| spIcuous, yet at times some life would
devlop only to lose itself soon after
ward. The feeling was weak. due prin-
clpally to the heaviness In the cash de-
| partment. Demand was very slow md
| offerings relatively liberal, especially
| from the west. With harvesting reports
| favorable aud new grain expected to
arrive very O there were scarcely
| any inquiry, particularly at the pre-
| MUM at which they are now held. Sep
TENDER opened &c lower at l79sc, sold
between l7hc and INC, closing at f%c
sellers.
Provision trade was light. Tendency
OF prices was irregular. At one time an
| advance was ascrlbed to strength In
wheat because the tirmness In both
markets happened TO be simultaneous.
but later when wheat had become still
stronger, provisions began to decline.
| Pork was the article in most demand
when the market was showing any
strength.
Hogs, receipts were less than expect
ed and prices bdlOc higher. September
pork opened unchanged at 81 75,sold be-
tween 81 20 aud 81 so, closing at 81 12%
sellers, 2iLc lower than yesterday. Sep
TENDER lard opened 2tEc lower at S422n
4 25, sold down to 81 10, closing at 81 II
| sellers. September ribs opened 2lam5c
| lower, at 81 52a4 s.. sold between 81 %
and "a 57d4 GO. closing at - 52A.
Estimated receipts for tomorrow:
Wheat, $50 cars; corn, Ss5 cars; oats.
200 cars: hogs. 10000 head.
Cash quotations were as follows:
Flour lrm and q shade higher.
Wheat-No. 2 spring 7Skc; No. .
spring 73d75c; No. 2 red, new, 7shc.
Corn-No, 2, 26Ad26lac; No. ? yellow
26h a26hc.
6ats-No .. t7H@lsc; No. ? white
| gihd 2glsc; No. . white 29a22c.
Rye-No. 2, SOC.
Bariey-No. Q, 3Od33c; No. T. 27A G2Sc,
Flaxsecd-No. 1, SlSilhc.
Neutrality-suspicious., 81 49,
Mess Pork-Per barrel 81 70a7 7h.
Lard-Per 100 lbs. 81 07ai 10.
Short Rlbs-Sides Goose) t5s6bc.
Dry sailed shoulders boxed ~ N5c,
Short clear sides 4&diAc
whIskey-DIstNleFs' finished goods,
per gallon, 81 49,
ON the produce exchange to-day, the
butter market was steady; creamerles
| lOaiIihc: dal.lcs 7digc.
Cheese-Dull at 6hM9Ac.
Eggs-Flrm at 009isc.
There viii be no session Of the board
OF trade tomorrow, II being Logan