The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-05

course an element OF the influences at
work that created the early strength,
The feverish fluctuations nj the same
time gave an exact Interpretation OF the
unsettled feeling among the specula-
tors. The price had another break To
76Mc before the expiration of the first
hour and q half OF the session and a
rally In the following twenty minutes to
77%c Germany accepted everything
offered last night and the United King
dom bought what No. 9 spring Chicago
was offered. II was claimed, however,
that seaboard exporters were having
much trouble in getting the Kansas
hard wheat they had already sold 20 so
abroad. The Chicago receipts were one
hundred and thlrty-siX cars, against
one hundred and forty-four cars a year
ago, OF which one hundred and thirty
Ave were new. Primary western mar
ket receipts were 776,7f5 bushels,
against $3.50, 1870 bushels the correspond
Ing day of 1896 The clearlnces for ex-
port from the Atlantic ports were very
liberal, the wheat alone being 1892
bushels. The amount OF export takings
reported from New York had by IL
O'Clock swelled TO one hundred boat
loads and twenty-five loads, or 100000
bushels were reported done from here
direct. The latter was No. Northern
spring and No. 2 spring. The latter
grade sold In considerable quantities
between local dealers at premiums over
September price ranging according TO
location and deslrabllity of sample from
k@1jso per bushel. As an indication of
the demand still existing among eoun-
try millers for spring wheat, II may be
mentioned that one Ger load OF No.
Northern brought &c per bushel pre-
MUM. The latest sensation in the
shape OF the market information, was
the closing quotations from foreign
markets Liverpool wound up with u
gain for the day equal TO 2hc per BUSH
Ell, Paris 2Ssc and Antwerp &c per BUSH
el.
Prices reached the highest point OF
the day near the close, renctIng only
Ac. September opened 1sGAc higher,
at 77hc, sold between 76B47SSc, clos
Ing with buyers at 7Slsc.
Rains in Kansas. more particularly,
but also In other important sections OF
the corn belt, where moisture was need
ed, created general desire to sell out
long corn. It came out In great
chunks; 100000 bushel lots were being
offered all forenoon and $4,000 and $4,000
bushel lots changed hands freley. AL
though the price broke, materially Il
was matter of remark how small the
decline was In comparison with the inn
mense quantities disposed OF Country
offerings were very heavy because Of
the improved prospects for the crop,
owing to the general rains. The elevator
folk, who ore In close touch with the
country dealers were the freest sellers.
Receipts here were $50 cars and the
quantity inspected out OF store was $685.
900 bushels. Atlantic port clearances
were heavy at 1921 bushels. Septem-
Der opened 1k94c lower, at 2Sha2S4sc,
sold from 2Sasc down to 27ikG27&c, ad-
vanced to 2SMc in sympathy with
wheat, and closed at 2Shc bid.
Oats opened heavy With corn, Prices
fell of shade, but recovered later un-
der good buying by shorts. September
opened Mq4c lower, Mt from l7Bc to
l7%c, sold Mt 1TSa17Ac, and then I'D
vanced to lSc. At the close lIAGlSc was
bid. Cash oats were steadily held.
Receipts were posted ut four hundred
and forty-sIx cars; two hundred and
fourteen were new. Seaboard clear
ances were 100000 bushels.
Provisions opened strong and higher,
but became easier for a time and then
once more started into activity and In
creased strength. Armour's name was
given up near the middle of the day on
considerable amount OF lard and ribs
that had been bought earlier and that
was the signal for general demand
that started and lasted throughout the
remainder OF the session. A private es-
innate OF the worlds stock Of lard,
showing II materially lower than
year ago. and reduced 10000 tlerces FOR
the month OF July. was regarded as a
hopeful Sign. The days run OF hogs
was $4,000 head. September pork open
ed jalOc higher, at IS lOds is. sold be-
tween s. % and IS ~, closing with SELL
ers Mt IS 30. September lard opened
2ad5c higher, at 81 iOq4 42is sold be-
tween "a A and 81 as, closing with sell
crs at 81 o. September RIBS opcned &c
higher at 81 50, sold between 81 S2h
and 81, and closed with sellers at 81 97la.
Estimated receipts for tomorrow:
Wheat, i75 bushels corn, 800 bushels;
oats, 800 bushels; hogs. 10000 head.
The leading futures ranged ss follows;