The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-07-09

than II did yesterday, Oats closed I'M
changed and provisions unchanged to &c
lower.
Wheat was again In control OF the bulls
at the opening Of the board to-day.
There was no trading In July 10 speak
of, but September was as lively as a
small boys Niger chaser. and for a
time fully as erratIc, Trading In that
option commenced at from 66lsc to 66Ac'
against yesterdays closing price OF 66S
@6ciAc. 1t dropped to 66966hc, then
went skipping upward from fraction 70
fraction until In little more than half
an hour from the start II perched for
a few moments on 67&e From that
point II began TO drop gently again ant
took a long rest when It got back TO
around &c
There were various reasons for the
strength the market displayed. The
Russian wheat crop was reported to be
suffering from excessive rain and the
Russian shippers In consequence to be
buying American wheat on speculation.
New York wired shortly after the open
ing that foreigners We're good buyers
and wheat was scarce. Heavy rain In
the northwest was doing damage to
spring wheat. according to some Of the
dispatches from there Liverpool quoted
an advance of I'D per Genital to begin
with and local commission houses had
cables for September wheat from the
United Kingdom and Continent st,
Louis supplemented the buying OF the
day before by fresh liberal purchases.
Chicago receipts were FIVE carloads.
Minneapolis and Duluth reported 23o
cars, against 4O3 on the corresponding
day Of the year before Atlantic port
clearances Of wheat and flour were equal
10 $4,000 bushels.
There was disposition to realize at the
openlng and for time more wheat WAS
put on the market than 1t could readily
absorb. AS soon as the market received
outside support, notably from St Louis,
the situation changed at once.
The market In the last half hour Of the
session became dull and with the fall
ing Off In business there was a tendency
in the price to work lower. The foreign
orders for flour were liberal, but a break
In the drouth In the corn belt was pre-
djcted and caused an easier feeling In
that article that affected wheat specula-
ton unfaN0rably, September got down
10 66ssc and held obstlnately close to
those figures upntil about ten minutes
from the close, when general selling
pressure caused further decline to 66h
d667sc, which was the trading rate al
the close.
In corn there was a continuation OF the
activity OF the past few days, but an
eyeident desire among the heavier longs
10 realize on their holdings. Reports
from the corn belt were mixed as usual
The heaviest blow 10 the bulltsh feeling
came from the weather bureau, which
predicted breaking of the drouth west
within the next thirty-siN hours. Local
receipts were 1862 cars September
opened very lrregularly at from CSC to
Ka2sxo and worked up and down
between 27hc and Csc. being weakest
nenr the end OF the session. 1t closed at
27@sc, about &c under yesterdays Anal
figures.
The market for oats was firm and ac'
tive throughout, the strength being due
principally to sympathy with wheat
Shorts bought literally. Local receipts
amounted 10 IFS cars. September open
ed a shade higher at SilqlSBc sold up
to lSiac, back to 1870 and closed at
lshc bid.
Provisions were dull and neglected
and the tendency was downward after
q firm opening at some improvement,
due 20 q smaller run Of hogs than e&-
pected. Packers were moderate sellers,
but enough was offered to create a
weak feeling. At the close September
pork was &c lower at 81 72le, September
lard unchanged at 81 l2h and Septem-
Der ribs unchanged ut 81 Is.
Estimated receipts Friday; Wheat 3
cars; corn 4O2 cars; oats 200 cars; hogs
Is 900 head.
Cash quotations were as follows:
F'lour-Firm.
Wheat-No. spring tic; No. spring
63d7Olsc: No. red Tic
Corn-No. 2, 26hd26Sci No. yellow
26H a26Ac.
oats-No. 2, l7Gc; No. white 2lAC
22bc;, Nos3 white 2OA@22c.
Ryc-No. 9, SiAc.
Bnrlcy-No. 2 nominal; No. ,, 29G
3iikc; No. 4, 29c.
Fiaxseed-No. 1. s77Hd7Shc
Tim0thyseed-Prime 81 10.
Pork-MCss per barrel 81 GOd7 TO-
Lnrd-Pcr 100 lbs 81 20.
Short rlbs-Sldes OOnse) 81 30di GO,
Dry sailed shoulders boxed iAqjc.
short clear sides tboxcd) t&dihc.
whlsky-Dlstillers finished goods per
gallon 81 10.
Butter-MarlSet firm: creamerlcs l2Q
| t4ikc; dalrics 9dl2c
.Cheese-Wonk at 7hdsc
Eggs-Sieady. fresh Sc,
Tho leading futures ranged rs follows;
IOnon.i High. 1 ,ow- clos.