The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-06-26

closed unchanged, oats nc lower and
provisions 2lsa5c higher
In wheat the main question vas
again the July deal and the IT td!nE
In that future soon disclosed the fact
that II was all alive and stuffed vita
dynamite. September got sumo ad-
vantage OF the rapidity OF the opening
bulge In July. but the former proceeded
at quite lelsurely pace. while the latter
was scattering the shorts by the force
OF It's first explosion.
Apart from the altitude OF the July
future. the influence of the early items
or news were generally bearish. Liv-
erpool showed only I'd advance in re-
Spouse 20 n I'D rise here yesterday.
The most bearlsh feature OF the situn-
ton, however. was the home harvest
prospects a winter wheat crop OF over
100000. 900 bushels is generally admitted
and the news from the Northwest was
TINT the spr!ng wheat in the Dakotas.
Minnesota and Manitoba was making
excellent progress on the other hand
New York reported foreigners buying
futures and reports OF damage by
storms were thick from the south and
southwest Chicago receipts Of wheat
were sixteen cars. Minneapolis and
Duluth got 267 cars. against i6l the cor
responding day OF the year before.
July opened At from 6g3sdT0c, as
compared with 7OAd7Oisc at the close
yesterday. It lowered for few min
utes between 7Oh d7OSc, aud then
shot up 10 7liac, like the cork out OF n
champagne bottle. There was plenty
for sale at the latter price. both then
and other occasions durlng the fore
noon. when, after downward reactions.
Il came back with n rush TO that point
again: on one OF the later sudden re-
coverles It's impulse could not be stop
ped until Il got 90 7iMc. During the
considerable Intervals when the hands
OF the manipulators were idle the price
Inclined 90 sag and trading was very
light, but highly sensitive TO an order
for more than 5000 bushels. or 10000
bushels. The best prices OF the day
were made about fifteen from the close.
Several prominent houses were heavy
buyers and in the general maulins July
shot up TO nc. The closing price was
7lhc.
Corn was firm. but much less active
than on the day before. The market
for the most part followed the course OF
wheat opening easy and advancing as
wheat iumped skyward. Shorts who
were ON the run yesterday was con-
spIcuous by their absence to-day. The
dullness OF trade caused prices 10 sag
late In the day. the result being sub
stantially unchanged prices at the close.
Local receipts were sc cars. July open
cd hc lower at 24sd25c. sold 90 ?5hd
25Lc and declined to 25d25hc. That
was the closing price.
oats started firm. but yielded WIN
corn. Trade was not large, In fact at
times the market was almost at a
stnndstill. No features OF interest were
reported. Shipping demand was poor,
Local receipts were posted at 81 cars.
July opened unchanged OF lsitc. sold at
lsIEdisItc, and declined 20 lSc, where
Provisions were slow, but firm. The
opening was easier on the decline IN
prices at the yards. This decline was
soon recovered on some short covering
and outside support. Trading at no
time was lively and was mostly limited
10 the early hours. At the close July
pork was 2Isc higher at 81 50; July lara
So higher at 81 05, and July ribs 21sg5e
higher at 81 45dI Az.
Estimated receipts Saturday: Wheat,
6 cars: corn. 42O cars: oats, 2iO cars:
hogs, 1900 head, -
The leading futures ranged rs follows: