The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-30

CHICAGo-Wheat was weak at the
start to-day and hardly changed ex-
eept for the worse as long as the session
lasted. At the close December was Inc
lower and May lhGlAc lower. Weak
cables and heavy worlds shipments
were the main factors in the decliRe,
though the extreme dullness OF the
trade contributed not a little toward
the weakness Other markets were
weak In sympathy. corn losing 1sc and
oats &c. Provisions closed unchang-
ed TO DC lower. Bulls In wheat were CIV
en- body blow right at the start by the
enormous worlds shipments, which In
Guiding India, amounted to 9,ll3,OOo,
The erect was seen In the opening fig-
ures, May starting &c lower at slMo
and slowly declining to 91kc. 1t recov-
cred for a short time to 9lSc, but soon
turned weak again. December was
even weaker, starting 10 lower at size
and selling off without'a stop to 97c. In
neither option was there anything but
scattered liquidation but there was an
almost utter lack OF support and de-
cline was inevitable Liverpool was I'd
lower to start with due, II was said. to
the unlocked for increase in Russian
shipments, which last week amounted
TO 3,256,0O0 bushels. The quantity on
ocean passage was also reported 1920
600 bushels heavier than 1t was week
ago and the northwestern receipts were
still too liberal to be other than bearish
In their effect, although Minneapolis
and Duluth reported only 1,4i3 cars
against 1876 the Monday previous, but
to-day's reduced number was still more
than on the corresponding day OF 1886
Only one feature OF the early news az
fecting wheat was considered favorable
to the bulls and that was the big drop
In the temperature. But this was all
lost. Primary market receipts were Us
encouragingly heavy to the bears as at
any time during the season. 1,524.7S2
bushels for the day against 51S,S53
year ago. Chicago also contributes its
quota Of bearish statistics. Receipts, 1874
cars, against only seventeen last year
and local regular elevators increased
$4,000 bushels, The visible supply in
creased $4,000 bushels last week, COM
pared with decrease the similar week
year ago OF 1,o57, 900 bushels. The total
visible Is 3S,656,oO0, against 1894, 900 last
year Figures on the export movement
arrested the decline for time. At
lantic seaboard clearances since Satur-
day amounted to 100000 bushels, Paris
advices to st Louis were 10 the effect
that France would require 2O,0Ooo0O
bushels between November i Of this
year and September /. 1898. The Eng
llsh visible was estimated to have In
creased $4,000 bushels. Notwithstanding
deliveries from English farmers last
AINa nj
After the posting OF the closing Liver
pool cables, which showed 1h@1hd de-
cine, Long wheat began dribbllng out
again. May gradually sold down to
g0Mc, but was bringing 90S@90Ac at
the close. December declined TO CSC and
closed at that price.
Corn was easier from The start. The
action of wheat and 10 decline at
Liverpool were chiefly responsible for
the course of prices. Elevator inter-
ests were moderate sellers OF
December and May and there was quite
general selling of December by COM
mission houses. Shorts were the ,prin-
clpal buyers. Receipts were S77 cars.
Atlantic clearances were 100000 bushels.
The spread wldened to SIC May rang
ed from 29h329Ssc 10 29q29Bc, and
closed 1sc lower at 2ehc.
The market for oats was dull and UNI
interesting, though steady in COMPARE
son with the other grain markets.
Business consisted chiefly OF changing
from December to May, and not much of
that. The break in wheat had de-
pressing Effect, b t trading was too
narrow to admit OF much decline. Re-
celpts were AIS cars. The visible supply
increased 1000 bushels. May ranged
from 22@22isc to 2lSc, and closed hc
lower at 2lM@22c.
Provisions. though very dull, were
firm during the greater part Of the day,
with prices averaging little higher.
Hog prices were higher and foreign ad-
vices were more favorable. Toward the
emu the market felt the prevailing de-
preston in the grain pits and settled
back some, though closing steady. At
the closing January pork was UNI
changed at IS III, January lard &c low
er at 81 by and January ribs about
unchanged at 81 IN.
Estimated receipts Tuesday: Wheat
$50 cars: corn 1876 cars; oats 600 cars
hogs $1,000 head.
The leading futures ranged as follows!
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