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

CHICAG0-Corn was pre-eminently
the market on Change to-day. Fears
OF damage from the prevailing hot
winds started a general buying move
ment and resulted in an advance Of
full 1hc. The remarkable squirt had
more or less influence on all the other
markets. Wheat improved Eci oats
&c, and provisions 2h@l0c.
In wheat, cable advices were OF tho
most encouraging character to holders
both from the United Kingdom and
Continent. People in the flour trade
here also reported their foreign news
as more gratifying and orders larger
than for some time past. These were
due 20 firm opening to the wheat
market here. The statistics OF the week
were also favorable to the bull side, nl-
though in some respects less so than on
the week before. The worlds ship
ments OF wheat and -four to Europe last
week were 6,077,00O bushels, against
4,5l6,0OO bushels the previous week. and
I, 265, 900 bushels the corresponding week
year before. The amount OF wheat and
flour on passage showed no change for
the week. The domestic visible de-
creased l,2ll, 900 bushels, against $1,000
bushels decrease the similar week OF
last year Wheat inspected into store
In Chicago since Saturday was seven
cars and 10000 bushels were Inspected
out. Minneapolis and Duluth reported
receipts OF 100 carloads since Friday,
against Ss7 for the corresponding per-
iod Of the year before. The Atlantic
port exports reported to-day were 49,
900 bushels wheat and flour. Liverpool
opened I'D higher for September and
I'D higher for July, and closed with the
advance raised 60 l&d per Genital for
July and Nd for September, Paris
gained 30 confines and Antwerp l2l5
centlmes on provision quotations. The
strength OF the foreign markets was
emphasized by buying Orders sent here
from abroad for futures and the taking
for next months shipment from New
York Of thirty boat loads OF new winter
wheat.
The sharp advance In corn was the
feature during the closing hour. II
gave rise to fears that the dreaded hot
winds which were reported to be play
Ing havoc with the corn crop might
have the same effect on wheat Sep
tember opened at Gi&d64&c, compared
with last Fridays closing price OF 6ih9
6i+sc II sold UP to GiA@6lSc, gradual
~ leu OH 10 Otigtt Allth hhhNl AiAu ~
nuence OF corn advance II advanced TO
6jhc The closing price was Oja65hc.
The corn pit was jammed with trad
crs all day, who had heavy orders to
execute, and the market was the most
active one In months. Reports OF hot
winds and especially from Kansas,
started the market strong. but these
reports In themselves were hardly suf-
nclcnt to account for the strength.
There seemed 10 be an universal desire
to buy September opened at from
26Ad2GAc, compared with Fridays
close OF 25Ad2Gc, II sold
up to 2G%c and then under
a rush of realizing orders, made more
urgent by denlals OF the imputed Injury
reacted to 26hc. In the last hour the
market became excited again and n
perfect flood OF buyinn orders boost
cdp the price to 27lsI27Nc, At the close
2iiso was bid. Local receipts since Sat
urday we're Gl2 cars
Oats were Arm, principally because OF
the strength In corn, although some In
dependent features OF strength were
present. Shorts bought quite freely
aud fairly good business was done
The visible supply decreased $4,000
bushels and local stocks decreased 49,
900 bushels, which fact combined to as
slsl In the bulllsh sentiment Total re-
oeipls for two days were 600 Fears, Sep
tember opened hc higher at l7lsc, sold
on to i7MWi7Ac. then advanced TO
iSAc, whore II closed.
The provision market was tho quiet.
csl IN the pit The opening was stfong
aud hlRler Ia sympnthy with The Ilrm
hog market. but offerings were 40 lib
crl that the advance was soon lost
Later the market recovered again whom
corn made liH final Jump AZ the close
September purl, was Zoe higher ut 81 so;
September lard ABOUT 2uc hlghor at
81 M bid. aud September ribs about
sbc higher at ~ 10.
EFllmntcd receipts wednesday,
Wheat, 10 cars, corn, $50 cars, oats,
go cars. hOrs. 5000 head
Cnah quotations were nB follows!
-Four H0ndy
Whpnt-No, 2 spring f1iic. No . |
sphng GlWClr, No. 2 rod HhG7Ac
Corn Ne, 2, 2ShggSMe, No 2 yellow
2Ghn20Nc.
Oils-No o NC. No. ? white 2OMG |
9lc No white iDhu22o.
Rye No q aye
Harley 40 9, nominal, No g. gS133e,
No I, giHc
plnSnccd No, I, 71d11bc.
'flmuihYHou1 Prime, ~ 10
Moss Pork Fer barrel 81 i0u1 10.
lard. Per 100 lbs, 81 10.