The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-06-14


CH1CAGo-whent recovered the
greater part OF yesterdays decline. clos
Ing about &c advance There was
quite a general covering by shorts who
had oversold yesterday and who were
s.Ill weakened by foreign damage re-
PORTS. other markets were sympathet-
ically strong. although provisions alone
made any substantial advance, closing
5a7hc higher.
The opening in wheat was under the
dispiriting effect OF the hot summer
weather. which has at last appeared,
and foreign advices favorlng the bear
side OF the market, both Liverpool and
Paris showing declines: July wheat
which closed yesterday at GSMc. opened
al from Csc 10 6shc, and in n minute
or so later II touched GTTsc. At that
point some other factors In the mar
ket received recognition, and being OF
a builiSh character the price began 90
improve rapidly. The rise which then
set In was not checked until II reached
soc. Perhaps the most influential fac
tor in the advance was a private cable
gram from a Chicago board OF trade
mani now In London,c confirming previous
reports OF severe damage TO Danublnn
crops The crowd had evidently over
sold yesterday and covering was quite
general More complaints OF damage
hv grasshoppers were received from
south Dakota, but received little atten-
tl5n, the area affected being as yet too
small TO attract pencral interest Min
neapOlis aud Duluth receipts were 23S
rars, against $40 cars last week and
i59 cars year ago. Chicago had y
GAGS inspected into store and 1900
bushels withdrawn. Argentina shipped
no wheat TO Europe this week and
Beerbohms estimated the worlds ship
r1cnts for the week at only 56OO.O0O
bushels Rradstrects reported the
weekly clcarances OF wheat and Hour
from both coasts, and from Montreal nj
$50 900 bushels, against 100000 bush
els the week before and 2,922,00O the
corresponding week OF last year Trad
mn. was more largely confined 20 July
than 10 September. while business was
brisk. and the former was relatively
the stronger. advancing sc, while the
latter was making &c gain. After July
mad sold at Ggc and September 6iasc,
they reacted respectively 20 6SAc. and
&c. but again recovered 10 G9c bid 10Y
.Tuly and Gii.c FOR September, with
latest trading at 6s7sc for July and G4H
Gii.c FOR the later delivery Cash bust
nos IN wheat for shipment was 10000
t,rrrls 75CGN lu7hcls of which was
No. spring at lie premium over the
July pTlce.
was transacted. The start was rather
weak, affected by the ideal weather FOR
inc crop and liberal receipts-6sj cars
offerings. however, were scarce, ana
when wheat started up corn WAS not
sI1y In following Some OF the ad-
vnurc was lost later on realizing. july
5psncl &c lower az 2i3c, sold at 2iltH
niNc. advanced 10 giAc. and reacted 70
,IiEm2iNc. where Il closed,
oats were steady, the feeling being
entirely In sympathy with corn ana
wheat. Trading was light all day.
and nothing Of Interest developed. Re
-clpta were reported at 235 cars July
1p6ned nc lower at l77sc, advanced 10
lSuc. and closed al lSAc,
Provisions were fairly active nnd
higher. The opening was strong. due
IN inc Improvement ~ the yards, and
a firm feeling prevailed throughout
E1glish houses and local packers were
an inc selling side At the close july
nnrH was 7isc higher nj 81 52ii. july
ara 80 higher M 81 CT aud July ribs
nc higher n 81 30. ~
cash quotations were az follows
Flour steady: bakers s. S0W3 On;
winter patents 81 2Ofri 20; stralghts
!; 60ai 10. sprinu samples 81 iOni 70;
yprlnr patents 81 TOHi 90: straights
n iOGg 10: No. . spring wheat 'OH
sSzr. No 2 red 73Id7GNc: No. corn
5u'E'7issc: No. . yellow 25G255kC: No,
; 5lts ISc: No, . white, T. o. b 2lN
5gt.c. No. 2 white, o. b., l9An 22c'
*, ,ye 33hc. No 2 barley nominal;
" = o. b 27GHc; No I, + o. b, edi30
~, M GbNscad 7li4GIfc; prime
.Irotbv seed. 3 rae Is, mess PORK per
S,rrsI. 81 sOa7 a.; lard per 100 pounds.
e. e0. short ribs siirT l0oscl 81 goa
! AZ. dry Saitcd shoulders boxed 80
&c. short clear sides (boxeD ilsgihe,