The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-27

lively, The furry In September was but
the result OF another turn TO the screws
between the bull clique. while in De-
cemDer the advance was caused by bull
ish cables crop news, Corn was the
most active market on the floor and
showed 1h@l&c advance at the close.
Oats advanced about sc and provisions
l5020c. The first fifteen minutes OF the
session In wheat was as bad a quarter
Of an hour for the shorts In wheat and
corn as any IN their recent most eSas-
peratlug experience The hull clique
got back with compound force at the
people who called margins on its bro
kers so heavily Monday. September
wheat opened at from 9SlacgSl 90 or
from iAq3Mo higher than ii closed yes
terday and mounted half cent at a
time until about ten minutes from the
opening 81 O3ls was bid, price csc
over the previous days closing price,
December In the meantime had reached
96c, starting at from 9i&q95c, which
quotations We're iM4i%c higher than at
yesterdays close. For few minutes
the market hesitated at these prices.
then decline to 99c In September, 9ilAc
In December, ensued. The business dur
ing the next hour and half was de-
void of sensational features and the
heavy trading at the commencement
| dwindled to a suffering fire of fiyes and
tens among the scalpers during which
September worked up again to 81 and
December down TO Ole.
Probable. or at least possible, remov-
al of the French import duties on grain,
wholesale failure OF the potato crop in
Ireland and elsewhere, rehash OF all that
was known and much that was purely
imaginary regarding wheat and rye
crop shortages in various European
countries, and above all, the conviction
that the clique could with equal ease.
push up wheat TO 81 % or 90c all contri-
! buted to the unsettling OF the traders
minds which the early fluctuations in
| dlcated. Chicago received 2S5 cars OF
which only fifteen was contract. Mime
| apolls and Duluth received one hundred
and nlnety-six cars, compared with one
hundred and forty-slX last week and
four hundred and eight-six year ago.
The quantity inspected out OF store was
20i, 507 bushels. The Atlantic port clear
ances were again very heavy, being
equal in wheat and flour TO 725,000 bush
Nlet ubotNVN bhaAANlo VI hhANAA ho9 az NAAN
shape OF wheat Liverpool quotations
were very irregular ranging from iAd
to 2Ad above the previous days closing
prices and resting with net advance
for the day from Cd to 2lid. Antwerp
was unchanged, but Paris was equal To
from lc to lAc per bushel higher.
One feature of the market was the
small cash business, the rapid advance
In price having brought that business to
q practical standstili, New York wired
that Europe accepted little wheat Of
fered from this side last night Septem-
her worked down to 9sAc aud Deem
Der to 93Is, but by closing time those
quotations had recovered TO 9SNo and
93Sc, respectively There was an i'm
| rueuse business In corn, so great iR fact
that II was almost impossible for trad
ers to get into the pit once they got out.
Many faces familiar In the wheat pit
were seen In the corn crowd and out
side business was very heavy. Receipts
were heavy-l,665 cars and estimates
| for tomorrow were even larger, This
fact was lost sight OF, however, In the
scare over drought fears OF frost and
bad crop reports. Elevator people sold
freely, as did people who bought on
| yesterdays break, the result being that
not all of the advance was maintained.
| The opening was strong and excited,
September started about a cent higher
at 3O%c and ranged between SlAc and
3OAc, closing at 3O7sc asked. December
opened at from 3la32Hc, an advance OF
| &al%c, to- ched S2tG sold as high as
33%c and closed at 33d3SMc, Exports
were $4,000 bushels.
Oats were comparatively dull There
was no sign OF selling by the bull pool,
which is supposed to hold about 5000, 900
bushels. The opening was strong under
| good buying orders and comparatively
lluht offerings A decline followed due
to the break In wheat and corn, but the
market became firm under good buying
orders at the decline. There was In
creased outside buying. Receipts were
$50 cara. September opened about &c
higher ut 1910. sold at lDc and closed at
10Ac. December opened NC higher Ht
2O&c, sold between 2OAc and 2O%c, clos
! ing at 20Mc
Provisions caught some Of the grain
| excitement, though business was only
moderately active. Nothing counted so
much az the news that the potato crop
| abroad Is very short, hogs In foreign
! countries being fed on them. a strong
! I've stock market md the advance in
/ corn were also factors, At the close Sop.
! TENDER pork was zoe hinher at 81 30.
September lard lic higher at 81 20 and
September ribs 15c higher at "a 70. and
September ribs t5c higher at s. 10.
Estimated receipts Friday:
Wheat. 800 cars; corn. ! $50 cars; oats,
| roo nara. bnpa % mn hn1d