The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-07-21
INpRNSS COMpANIES
Adams Express .l62 UNITED States. q
American Elk. III Wells Fargo.,..lO6


BrcndStunk and PFovIAlOn''
CHICAGO. July 2O.-In no one day for
several years has so much wheat been
worked for export at Chicago. Eight
hundred thousand bushels in round
numbers was the total Of the days re-
corded sales for foreign shipment, and
that put Il bull stamp near the close on
what had previously been alternating
n bear and n bull market. Great Of
fering OF wheat from commission
houses on every bulge characterized
the trade to within 20 minutes Of the
close, all hands then started to buy and
only those with the long wheat bought
ut the lower prices offered any.
The wheat market MAS all excitement.
September, after several false starts.
ran up 1&c just before the close and
showed n net advance Of lSsc. Corn was
weak on continued favorable weather
west, but rallied with wheat, c~losinglsc
lower. Oats followed the same course.
Provisions were firm and showed gains
of 101i2hc. The strength with which
the wheat market closed yesterday was
renewed at the opening at from u to
tkc advance in the price. September
started with buyers at from 7l% to 715sc
and some few paid 71Ac about the
same time. Realizing sales depressed
1t for a few minutes 70 1ftsc, but those
offerings absorbed the price, took II
higher flight and gave those who
wished to do so an opportunity to real
lie re for their September wheat. a
number took advantage Of that chance
and an opening TO replace at 717sc. The
foreign markets continued to be the
source of bull inspiration. Liverpool
was 1%d higher than II closed yester-
day, when first heard Of, and later quo>
tations showed n further gain, making
the net rise 2lad.
Chicago receipts were ia cars, 10 OF
which were new. Last year I59 cars
came to hand, 442 OF them new. The five
chief western winter wheat markets re-
ceived only 226,G $40 bushels in all. a
year ago the same five cities reported
42f,SfS bushels. New York reported fair
acccptances from the continent of yes
terday's cabled offers and liberal ac-
ceptances from the United Kingdom.
Beerbohms cabled that the deficiency
this year compared with last in the
Hungarian wheat crop would amount
to $1,000, 900 bushels, a cable from Ant
werp said reports Of wheat In Central
Russia and in NubIan states was grow
ing worse. The heaviest cash business
done for export nj Chicago In n day
for years, was reported worked to-day.
II amounts to within 10000 bushels OF n
total OF 100000 bushels, the greater part
No. 1 Kansas hard, and chiefly for first
half of August shipment. The market
was extremely irregular until the im-
portant sales Of foreign shipment be,
came known. After the first decline.
which continued until September had
worked down to 7lMc II rose again TO
72C, and ono more dropped very rap
idly to 7lhc. From that 1t gradually
recovered to around use, and was
hanging around there %hen the 500, 900
bushel export sale became generally
known, and after that there was only
one desire In the crowd, and that was to
have some wheat. September wheat
opened at h0l5c higher at 7l&@7lMc,
holding to 7iihG72C to 7l7sc. closing lMc
higher ut 72Ac.
Corn was weak under the pressure Of
continued favorable weather and In.
Crenging receipts. To-dny's receipts
were ga cars. Receiving houses were
good sellers September opened ikc
lower ut 2GAc, sold to 2Glic and rallied
to 2GAC.
In oats n fair business was trans.
acted. principally In july, which broke
&c to lie. Receipts t2j cars. scptcm,
Der opened unchanged at lI7bc, sold ut
l7%c. closing at i7Mc bid.
Provisions wore firm on continued
light hog receipts. The strength In
wheat also helped, September pork,
which had started nj 81 20. gradually
RubsIdcd to 81 Gahs, but just before the
close rose to 81 ~, an advance Of l9itc,
Lard and ribs acted similarly, gaining
10 ana igc each
Estimated receipts for to-morrowi
wheat, o. cars, corn, 40 cars, oats,
900 carR, hogs, 10000 hond.
cash quotations were ~ followsi
l1Uur-Qulot, ilrm,
whcnt-Na 2 HFfiHg. 76Ae; No .
spring, 7O0r7lc
Corn-No 2, 2GW2Olso
OalR- No. 9, l1lic, No . white aiM@
2gc, No Q white, lShW2lac,
UycaNo 2, aic
Dnnoy=No ., 2afN32c; No 4, gShc,
FlnXacod-No I MhuS2c.
Timothy ~Hocd-primo, " 1b
Moss pnrN-pcr bib, 81 7OU7 az.
Inrd-pOr 100 1bBuu l7hQl ~.