The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-06-21

CHICAGO 49, Wheat had several
changes OF feeling to-day. The first and
las. were bulllsh The market closing
with salsc advance. Rumors Of
July manipulation. which were freely
circulated few days ago were again rife
to-day, and scared the shorts TO cover.
Corn followed wheat, closing &c higher.
Oats closed a shade lower Provisions
showed decided weakness and showed
closing declines ranging from To lJc;
Wheat at the opening and for awhile
after was affected by the unexpected
strength displayed by the Liverpool
market. Flr5: cablegramS from there
reported wheat from lld to lsd higher;
LATER dispatches gave the September fu-
ture al an advance for the day OF I'D,
and July up III. on this account July,
which closed the day before at GSisc,
started to-day at 69hc and
sold up Immediately to 69hc. Wet
weather and small reserves OF old wheat
were reported In the United Kingdom,
but some Of the enthusiasm OF the local
buyers wls dlssipatad when the Liver
pool advance was reported to be merely
the result Of covering by those not wish
Ing TO be short over the Jubilee. Chica-
GO receipts were II ears, and the out IN
spectlon 20, 200 bushels. Minneapolis and
Duluth receipts were 237 cars compared
with SIS last year, Tho weather was OF
fine most favorable kind for both winter
ana snrlng wheat The Atlantic port
rIelrances were small. the quantity or
wheat being only co. 1855 bushels. and or
a5ur the equivalent of $4,000 bushels.
Thc closing cables made the net advance
Tor the day al Liverpool i2d. The dull-
moss OF speculative trading. the favor
able weather for the domestic crops, the
small exports for the day. and the
changing OF the long holdings OF July To
Ssptrrnbpr combined 20 wear away the
hope Of permanent improvement which
the openlng advance Of Liverpool had
raised Prices began to drop. and July
had gone down to 6SAc by 1880 O'Clock
some ash business for prompt shipment
was reported. but Its quantity was mol
large enough during the forenoon 20 re-
jnforce the bulls Later the cash bust-
moss was reported AZ 900 bushels, and
The speculative market began to I'M
prove. What contributed chiefly. how
ever TO the strength with which the
market closed was renewal OF the
rumor connecting the name W Armour
with the July deal This drove shorts TO
cover in hurry. July advancing 20 GS@
GG9r by closing time.
Corn was firm at the opening with
wheat and the cooler weather here. Nd.
Vices from the country, however. showed
such a marked Improvement in crop
prospects that the trend OF prices was
downward during the morning. Later
in The session a good export demand WIS
reported. and when whent commenced
lts final bulge corn followed, the marker
ruling quite Arm during the last half
a AkI
oats were duh all day, with nothing
hut n scalplng business doing and even
that was OF small volume. Prices Kept
within a hc range. the slight decline be-
ing due more 10 lack or trading htan to
news ~ n bearing character Receipts
were posted at 2iG cars,
Provisions opened lower on the large
hog receipts Prices held comparatively
firm for awhile but later the market
Crew radically weak on general selling
aud pnor support the close bclng near
thu bottom Of the days range. The sell
ing was apparently caused by the dis
appointing cash demand. AZ me close
Juiy pork was i5Gl7c lower NJ 81 80 July
lard SC lower at 81 6'Is and July RIBS &c
lower at 81 90.
Ca.h quotations were as follows;
Flour steady
Whcnt-No. spring 7OG7ic; No. 2
spring GaT7ilsc. No . red 7ia77c.
Corn-No. 2. 25G25Ac; No : yellow
25Is 02j7,c
29G23is: No. . white (. o. o, 2iW22Ac.
Ryc-No SIC,
V9rley-No. . nominal; No T. o, b. IS
G30e. ~. a. o. b. 26ha2sc.
Fiaxsrod-No /. 7ii7mIGc
Timothysccd-Prim 80 "a.
pnrk- Mess per barrel 81 lOd7 i5.
Inrd-Per 100 lbs 80 6?isa3 6S,
thSTI rihp--Bjdeb uoIue) ~ sS&A bo'