The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-03

December delivery. The market was
strongly influenced by the sharp ad-
VaRces In foreign markets and both 81
the prominent futures sold well above
96c for time,
All the other markets were strons
early, but yielded later In the session and
wound up with declines az sc In corn, &c
in oats and 2h@lOc In provisions.
Wheat,was very strong At the opening
The early cablegrams-those received
here before the days business in the
trading pits cdmmenced-were OF q SEN
satlonally bulllsh character and sutii-
clently explain a jump In price of De-
cember to 95c and 95hc at the start, yes
teriay's closing price having been 9Sasc.
In about thirty minutes 96c was being
paid for December and at the same time
September was wanted at 9G&c, without
sellers of more than one or two 5000
bushel lots answering to even such an
advance over the $3.50 II was selling for
at the close of the day before. Liverpool
dispatches described that market as
opening strong and excited at from ~
to Id over the previous days quotations;
English country markets were Is per
quarter or &c per bushel higher and
Paris showed an equal advance for Sep
tember delivery, the quotations being go
centimes, up, which Is the equivalent of
&c per bushel. OF course after 3lhc per
bushel rise, with n further addition Of
csc in the first half hour to-day there
were numbers OF people who had hand
some profits too tempting for refusal and
their selling was the principal feature of
the trading the next half hour, and In
consequence of which December reacted
from 96c TO 9ihc and September from
96Ac bid to 95c sellers.
The receipts here were 22G cars, Of
which only f6 were contract. The guam
tity inspected out of store was $4,000
bushels. Minneapolis and Duluth re-
ported 3l4 cars compared with 557 the
corresponding day Of the year before.
The total receipts for the day at primary
western markets were 9l3,S70 bushels
compared with SlO,57S bushels the cor
responding day OF the year before.
Atlantic port clearances were $1,000
bushels. Closing Paris cables were
rather sensational, showing an advance
bushel and November and February 4hc
bushel ana November and February 4ikc
per bushel. What bulllsh effect this had,
however, was rather discounted by sea-
board advices, reporting few foreign ac-
ceptances. But when closing Liverpool
cables were received showing no failing
of In the previous advances, buying was
renewed here and sent the price of De-
cember on another climb. 1t reached
96hc on that swell and September
brought 96lhc at the same time.
on the last advance. as on the one that
preceded Il the price bumped against a
fsTF 1N0f hot roll he
9ihc being once more current near the
close, The principal bull crowd bought
moderately on the declines and sold
heavily at about 05&c and better Clos
ing quotations were September 95c and
December 94l9c. Liquidation was the
feature In corn. The market opened
strong, helped by wheat and Indications
Of cold wave west and Notwithstanding
millions of bushels OF long corn were
sold, prices were well maintained during
the morning. Offering ultimately
too large for the market to absorb, how
ever Receipts were very large, LISA
cars, and counted against the market
The Price Current reduced its crop fig
ures to l.750O0O,OOO bushels. Scattering
rains were reports through the corn belt
and more were promised tomorrow.
cember opened A6&c higher at 33Ihc.
ranged between $3.50 and 32Tc, closing
at 32&632Ac.
Trade In oats was unImportant and as
has been usual Of late. void Of independ-
ent features, the market being Influenced
chlcny by the action OF corn. Elevator
people We're prominent sellers Receipts
were 3lS cars May opened &c higher at
2lc, sold at 2lG2lhc, hut weakened later
with corn, declining at 2O%c and closing
at 2OMI20hc. There was a good trade in
provisions. There was some dlsap-
pontment over provision stocks, the de.
crease not being so large as expected
Longs were large sellers Of lard and ribs.
presumably profit taking. Prices opened
strong with grain and higher live stock
market, but yielded gradually. Packers
generally were sellers. At the close De-
cember pork was 80 lower ut 80 02lk. De-
cembcr lard 2hdjc lower at 81 % and
December ribs unchanged at s. 10. Sep
tember and october ribs. however, show
ed Toe decline.
Estimate receipts Friday:
Wheat $50 cars; corn 1880 cars; oats
400 cars; hogs $1,000 head.
The leading futures ranged 1s follows;