The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-12

from Id to lAd per GENITAL were the feat
ures Of the news that opened the wheat
market here from lc TO lIsc per bushel
lower than It closed the day before, there
being plenty OF May offered at the start
at S9X GS9Bc. The late advices from
Argentine yesterday were such as TO cast
some doubt on the report that there had
been any considerable damage In Argen-
tine and this was confirmed by the set
back the market received at Liverpool,
The result was that there was a good
deal Of liquidation on the part of longs
who loaded up on yesterdays baiiing,
The receipts were again dlscOuraglngly
heavy In comparison with those OF the
year before and caused further weakness
In the course Of the forenoon. Severe
frost that might harm a much more i'm
portant crop than that of Argentine was
toreshadowed in the report OF the local
signal service bureau and that gave the
market the strength 1t showed OCCASION
ally.
Chicago receipts were 1856 cars by rail
and 96, 700 bushels by lake, the latter No,
l Northen spring from Duluth, 1t was
estimated that contract stocks were In
creased\ from 100000 bushels to-day.
Minneapolis & Duluth receipts number
ed 80 cars against 1887 week ago and
4jl the corresponding day OF last year.
Western primary markets reported In all
l,2l0,000 bushels against 100000 bushels
the year before. Export clearances for
the day from Atlantic and Gulf ports
were equal 10 $4,000 bushels. Yester-
days enormous export business at the
seaboard was fully confirmed. New
York supplied the details to-day OF about
100000 bushels. Closing cabiegrams re-
ported Liverpool steady at Id decline for
the day. Paris was 20 centimes higher
for nearby flour and ceptlmes higher
for March and April; l5 centlmes higher
for November wheat and unchanged for
remote deliveries. Antwerp quoted l2h
centlmes rise In Walla Walla.
The market became quite strong In the
last half hour The milling demand for
wheat improved considerably and caused
an advance of from &c 10 4c in low grades
here and Minneapolis reported similar
state OF affairs with regard to higher
prices for lower grades. The port of
Odessa or at the least the rivers down
which the supplies Of wheat are sent to
that place were reported closed by Ice.
Rumors that trouble had broken ont
again between Greece and Turkey were
circulated on the floor and also had con-
siderable effect Many OF the early sell
ers covered on the advance. The closing
was firm at 9lkc.
Corn was weak early. but closed
strong.
The government crop report was the
early influence making the crop 1,Dll,-
100000 bushels. This was considerable
increase over last months estimate. The
figures were doubted but had their effect
nevertheless. The selling early was by
yesterdays buyers, shorts renewing lines
they had covered. The demand for cash
corn for shipment that developed, turn
ed the market strong and caused a recOv-
cry Of all the decline. Receipts were 307
cars. Seaboard ciearances were $4,000
bushels. May ranged from 302sc to 2924c,
closing unchanged at the latter figure,
Oats we're easy during the morning,
following wheat and corn. When these
markets advanced oats also displayed a
firmer tendency. There was large ship
ping business which helped strengthen
the market Quite free selling followed
the advance, but prices were well main
tanned. Export business here amounted
to about 100000 bushels. Receipts were
322 cars, May ranged from &c to 2iAc
aud closed unchanged at 22c.
Provisions were very dull again and
fluctuations were extremely narrow, The
market was helped At the opening by
better prices at the yards and later by
the upturn In the grain pits. No feature
OF interest developed. At the close jan
uary pork was SC higher at IS 49aS +2ia;
January lard TiEc higher at 81 3jG4 37i5
and January ribs at 2Ra5c higher at
81 37ikdi 49,
Estimated receipts Friday:
Wheat 90 cars; corn $40 cars; oats 2ij
cars: hogs 27OOO head.
The leading futures ranged MS follows: