The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-30

about two hours from the opening, Bet
ter cables than expected from LiVerpool
and Paris contributed to the strength. II
was principally due, however, 20 the gem
eral belief IN the defeat OF the amend
ment to the rules being baiioted on 20 re-
instate No. spring as one OF the descrip-
lions of wheat delivered on speculative
contracts Some part OF the hrmness
may have been due 10 falling on IN inc
northwestern receipts, Minneapolis and
Duluth reported S24 car loads, against 500
the corresponding day of the week before
and S3l year ago, The Chicago re-
eeIpts were 2lS cars, OF which II were
No. spring, but there was not car OF
wheat that could be delivered TO fill a
sale for December delivery. Baltimore
reported acceptance from London OF a
good quantity Of flour offered yesterday
by cable and sale of a cargo Of No. red
wheat to France was reported from ST.
Louis. Export clearances from Atlantic
seaboard cities were 229,653 bushels OF
wheat and 523 barrels of flour. Two cir
Cumstances that came to Hight about II
o'clock knocked the underpinnlng from
the market and caused 1t TO come down
with crash on the heads OF its previous
supporters. The first was the closing
quotations from continental markets,
Paris was found TO be 40 centimes lower
for September, and 10 centimes lower for
November February, and Antwerp %
centimes lower for all descriptions of
American wheat. That started the de-
cline and Bradstreet's figures OF the
worlds visible increase, making 1t $780,
900 bushels, gave II Its coup d'grace. The
market subsidized to 90ls on the cables,
but twenty minutes after the posting of
the visible figures December had been
driven down to SSM, Then the market
steadled again, The belief that there
was bug" in the Bradstreet figures
somewhere grew rapidly. Shorts, too,
seized the opportunity TO cover the mar
ket and 1t slowly recovered from its
fright. December was bringing $50
S9bc at the close. The vote on the
amendment to the rules which was an
nounccd after the close, showed an over
whelming majority against the PROPOSE
tlon. There was very little TO corn eN-
cept sympathy with wheat. The market
showed strength early. affected by the
dry weather and falling off IN receipts,
but after that 1t followed the fluctuations
Of the major market. The dullness of
trade prevented more than half cent
decline, however, when wheat made It's
sensational dive. Receipts were 422 cars.
The visible showed an increase of 2,22S,-
900 bushels. December ranged from
29la to 2SIAc, closing &c lower at 2Sss@
2SRc.
Sympathy with wheat and corn, llqul-
dalton and larger offerings generally
were the causes OF the weakness and
lower prices in oats. Business was quite
large. but Of no Importance, as regards
Individuality Receipts were $50 cars.
The visible increased $4,000 bushels. De-
cember ranged from 1873 to l9Ac, closing
&c lower at l9HC.
Provisions were very dull, and prices
ruled a shade lower, due to sympathy
with grain. There was some October II.
quidation, but as rule the trade wac
merely changing, Cudahy continued to
sell January products Shipping demand
was fair At the close December pork
was 2lac lower at s. IN; December lard
unchanged at 81 AN and December ribs
2ihc lower at 81 72is
Estimated receipts Thursday: Wheat.
800 cars: corn, 375 cars: oats, $50 cars;
hogs $4,000 head.
The leading futures ranged as follows: