The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-04


CHICAGo-After ruling fairly steady
all morning, wheat turned weak and
closed at declines OF SG&c for December
and 1Glbc fur May. A large visible IN
crease and disappointment OF the export
business, which vas reported very large
early in the sessions here, Is IN the main
responsible for the selling land conse-
quent declines. Corn vas also weak,
and closed lsc lower, Provisions closed
a shade lower. Oats alone OF all
the markets were firm, and advanced
A@%c.
Traders In wheat had evidently not
forgotten Shows report on the winter
wheat condition, which was given out
yesterday. An advance OF &qSc at
Liverpool before trading commenced
here was In large part due TO the threat
ened winter wheat disaster. December.
which stopped at 9GG yesterday, was
wanted at the opening at from 96hc 20
96Mc, and May, the previous days clos
ing price OF which was 9Sh493Ssc found
buyers at from 94lsc to 9ikc. New York
kilograms reported liberal acceptances,
both from the United Kingdom and con-
tnent OF offers cabled the night before.
One firm had buying orders at the open
ing from Paris and Antwerp OF about
300, 900 bushels OF May wheat, a falling
off in Northwest receipts was n factor.
Chicago received 125 cars. Minneapolis
and Duluth reported SIS cars; last week
7G6 cars were received. Receipts for two
days last year, a holiday, were 5000
cars.
Seaboard c~learances were equal In
wheat and flour TO 577. 1000 bushels, Spot
wheat In Liverpool was firm at sd 1d-
vance. Bradstreet's report OF the worlds
visible supply made the increase in this
country east OF the Rockies 4,lO3,OOO
bushels, and In Europe and aioat an in
crease OF 1900. 900 bushels, or 6,3O3,OOO
bushels Increase In all. The market, up
20 the time Of the receipt OF Bradstreet's,
had |fluctuated over a comparatively
narrow range December sold as high
as gG7sc and as low as 9Ghc, but It turned
very weak after the receipt Of the Brad
street report, finally getting Into a state
OF utter collapse. Early In the day II
was claimed In a loose way that 10000 900
bushels had been sold in New York and
outposts for early foreign shipment, but
later that was known to be a gross exag-
~geratlon-their actual sales being known
not TO exceed 40 boat loads, or 100000
bushels. Even that was said 10 include
II boat loads reported the day before. A
private cablegram from Paris reporting
resellers Of American wheat at &c lower
than IL was now being offered here was
what probably induced come Of the I'M
loading OF long wheat that started the
last break. December sold as low as
95ISc, and closed at 95k 995$c, May de-
cllned to 92Ac, and was bringing 9219c at
the close.
Corn was very slow. The market was
fairly firm while wheat kept above yes
terday's prices, but when that market
declined corn slid Off with an ease that
was somewhat surprising. Lght re-
celpts OF 2GS care had some Influence on
the firm opening. There was consldera-
BILE December for sale, and a slight Wild
enlng OF the December = May spread re-
suited. Shipping demand was rather
poor. Gables were Ad higher. December
ranged from 26%926h., and closed }sc
lower at 2Ghc.
Oats were stronger than anything on
the floor, and q good trade was lone.
The demand was quite general, an excel
cellent cash demand. heavy seaboard
c%learances, 962, 900 bushels. for two days,
and small receipts, 1863 cars. all helped
TO create a firm market. The market
fell back a little later In the day, but the
closing was strong at a good advance
December ranged from 19& ql9h, clos
ing Aa&c higher az 1870.
Provisions were steady during the
early morning. The yellow fever eitua-
ton was improved by frosts. Packers,
however, gave the market no support.
and prices gradually weakened. al
though no material decline ensued
Trade was excessively dull. At the close
December pork N 2ad5c lower at
81 55d7 67ig. Decamber lard a shade
lower at 81 2084 221a and December ribs
unchanged at 81 10.
Estimator receipts Thursday: Wheat,
1870 cars, corn, 400 cars; oats, go cars;
hogs. $1,000 bend
The leading futures ranged as follows: