The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-09

CHICAGo-The sharp break at Liv-
erpool caused an opening decline OF 10
I'D in wheat to-day. The market did
not stray far from those figures, De-
cember showing lhc decline at the
close. A heavy visible increase was
bearish factor. Other grain and pro-
vision markets were firm, corn and
oats advancing &c each. while proVis-
ions closed unchanged to TIC higher.
Wheat made drop at the opening of
about kc per bushel compared with
the price II closed at Saturday. The
Liverpool market opened I'D lower and
had declined sd more by the time trad
ing commenced here, THIS In face OF
&c advance here yesterday. Receipts
everywhere greatly exceed last years,
1901, 900 bushels being reported at pri-
mary points against 100000 bushels
last year, while Minneapolis and Du-
luth receipts amounted to 1888 cars,
compared with l,S6G last week, but s3S
last year. Selling Was quite general at
the opening, Several stop loss orders
were recorded. December started at
from 92lae to 93e. against Saturdays
closing price of 94c. A few sales were
made at 93Ac right after the opening,
then prices sagged off again to % &c
After the first half hour trading be-
came very dull and prices kept within
nc limit for the remainder OF the
session.
An explanation of the Liverpool
weakness was found in private English
cables. claiming fine prospects for the
Argentine crop. There were rains
throughout the winter belt and more
indicated.
Later in the day an addition to the
previously plentiful bear news was
made by the publication OF the visible
supply statement. 1t showed an In
crease OF 2,O72,OOO bushels, compared
with an increase year ago on the sim
liar week Of l,243,OOO bushels.
There was an increase In the guam
tIty anoat for Europe Of l,2sO,OOO BUSH
els Worlds shipments for the week
amounted to 9,2i7, 900 bushels, inclusive
of 272, 900 bushels from India. The Eng
llsh visible Increased $1,000 bushels.
Reports from St. Louis said that bids
sent to the country Saturday for wheat
had all been accepted.
The market was steadied In n meas
ure by the heavy exports, $4,000 bush
els, fair Withdrawals from store here.
and stronger French markets. Paris
wheat was steady to 20 centimes high
er and flour advanced 1920 centimes.
Antwerp was unchanged. New York
reported $4,000 bushels taken there
and Mt outports Saturday and rs loads
to-day The Indian shipments, 272,0OO
bushels. were something OF surprise
to the trade. The worlds visible sup
ply is expected to show an increase this
week Of about 5000, 900 bushels, the In
crease last year being S,33i, 900 BUSH
els. Northwest markets'ruled very
weak and exerted considerable lnnu-
ence on values here later In the day.
December was bringing 92sc at the
close. May was weaker than Decem-
Der. 1t ranged from 9O&c to soc, and
closed at 0OA d9Ohc, a decline Of l&
Gliac.
Corn was steady, helped by an excel
lent export demand at the seaboard.
New York reported rs loads taken for
export. This caused the market to soon
recover from the slight opening decline.
Other Strengthening factors were the
light receipts. i5S cars, and the rains
west. which were expected to still fur
Their diminish the movement. The vls-
lble decreased $4,000 bushels. The
market as a whole was quiet There
was some changing by elevator people,
I
who took December and sold May. De-
cember ranged from 26Hc to 25Bc, and
closed Nc higher at 26hc,
oats were quiet, the bulk OF the bus
mess consisting Of changing, selling
December and taking on May, The
feeling was firmer on the exceptional
cash demand here and at the seaboard.
The visible increased $4,000 bushels.
Local stocks, however, decreased 6lS.-
900 bushels. Receipts here were 800
cars. December ranged from 195sq2Oc
to l9isc. closing &c higher at l0AGl9Ac.
Provisions were very dull but steady.
| Hog receipts were 5000 less than eX-
pected and yellow fever news was more
favorable Opening prices were ut a
| slight advance, which was maintained
to the close Fluctuations were very
narrow In consequence Of the small
amount OF speculative trading. De-
cember pork closed TIC higher at 81 G5,
December lard 2iEc higher at 81 27lR,
and December ribs unchanged at 81 40.
January ribs showed slight improve
ment.
Estimated receipts Tuesday: Wheat
$40 cars: corn 600 cars; oats $40 cars;
hogs 5000 head.
Tho leading futures ranged as follows:
Articles Open High Low. Clos