The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-22

CHICAGO-Scalpers had another
hard time OF 1t In the wheat pit to-day,
The clique bought on the slumps and
sold on the bulges and kept the market
In such q state OF nervousness that the
little fellows were badly frost-bitten,
May closed at &c decline after selling
nc above yesterdays final figures.
Other markets followed the general
course of wheat corn declining Bgigc
oats MGhc. and provisions l0ql7kc
May wheat opened easy at about lGc
lower than II closed at yesterday at
Say qg3%c. Liverpool was only I'D
higher al the opening here and by some
mistake the receipts of wheat at Mime
| apolls were at first reported at $40 car
loads. Chicago receipts We're very
heavy, amounting to so cars, Of which
number $40 were OF contract quality,
These We're the reasons for the opening
weakness. Minneapolis receipts We're
soon afterwards corrected to l72 cars
and Duluth reported 1lS carloads there.
That made the small total OF 29O cars a t
both places, compared with bS2 last
week and 1853 the corresponding day OF
| last year, That correction OF the north
western receipts turned the general
| feeling Of the crowd toward the bull side
ukdlH lN- "'0hHN'' 'Nth
gave place to considerable strength,
May advancing under good buying to
94l5c. This, however, was followed by
a reaction TO 9id94hc, when again the
market turned strong and a slow adj
vance ensued. This see-sawing was
| kept up all morning, The first advance
was led by the bull clique on several
subsequent occasions, when the mar
| ket appeared to require help the same
party was credited with being Its res
cuers. BESIDES the $40 ears Of contract
wheat received here by rail, $4,000 BUSH
els and 1906 cars Of No. | northern spring
were transferred from unlicensed ele-
vators. The total quantity OF contract
wheat In licensed houses at the close Of
| business Saturday was j,lI9,OO0 BUSH
els. and probably 100000 bushels has
been added to that store since. There Is
strong probability, therefore, that by
| December 81 there will be 100000 BUSH
els Of contract quality wheat in regular
| Chicago houses. Rumors of vessels
room having been taken In New York
for shipment of 100000 bushels Of
wheat early In January for account OF
| the Chicago bull clique were current on
the floor. The export houses at the sea-
board received very little inquiry from
| buying 10000 bushels No. rod and
Hamburg with taking 10000 bushels
same grade wheat. Seaboard clear
ances OF wheat and -four were compare
lively moderate at $4,000 bushels, Llv-
| crpOols dependence on America for sup
piles was seen IN the impOrtations into
| that port in the last three days Of $1,000
| quarters, $4,000 quarters of which was
| from America.
Later In the session the market be-
came quite weak from realizing There
was reason 10 believe, also, that the Lei
| ter crowd sold considerable. The mar
ltct gradually declined to 93Mc and clos
| ed easy at 034c There were further
large deliveries Of wheat this afternoon,
Armour delivering 100000 bushels. and
other dealers ns much more December
closed at 81 90, where II wound up yes
terday.
Corn was much Qulcter than the day
before and was also weaker Selling,
supposed 10 be against more liberal
| country acceptance OF Chicago hids,
was feature Of the morning trading,
/, recovered part Of the early decline
but became quite weak again later and
was at lls weakest at the close. May
ranged from 29JC to 2Ohc aud closed
| AdiSc lower AT 20ss H29isC asked,
Oats were atcady for cash and Dcccm-
her, but weak and lower for May Mar.
| lIot very anIct and little OF interest de-
vclOppd, There was moderate llqulda-
| tlon Of long lines, which. with the ac-
| tlun OF wheat and corn were the factors
| IN the decline, May ranged from 22po
to a29sc. closing isakc lower at 229hc
Provisions lost altogether tho buoy
ancy which the market exhibited yea
tcrday. The heavy run Of lOgg start
ed quite free selling by packers and II
little local outside realizing at the open.
| lnE There was 4 partial recovery and
the market ruled Flcndy for n time. but
| toward the close free ollcrlnga Nppar-
entity In sympathy with wheat, again
cnuvcd The market 10 brc0lL At the
close May pork was iiho lower at
" S1i4, May lard Zoe lower ut 81 72h,
and May ribs i2ltc lower At 8 %,
Estimated receipts wednesday,
Wheat 400 cars, corn lG0 cars, oats 400
cars. hoga 1900 head
Cash quotations were az follows
lrlour-Slondy
wSSu No. 2 spring ssS dSONci No 3
| spring s2UNlc. No 9 red 81 co.
Corn No. g 2GAu, No yellow gGIc,
Onts=No. q 2ghu No, ? white HAci
No. 2 white g5d2iltC
Ryc-N No 2, iGBc,
Rnrlcy-NO. 2, q1u1Ic
Flnxsoed so. I, 81 lSdi glib,
TImuihyHOod Prime 81 90
Pork Mess prr barrel 81 GOdi Us.
Lard -por 100 lba 81 62l5ttl a..
short rtUs- bdcs tlovsol " i5ili 1shi