The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-21

ureSbEInffs hnd ProNhloh''
CHICAGO - Wheat to-day closed at
n Sc advance for the December future,
after starting at decline Of about twice
that much The market was good
deal stronger than the news, and had
evidently been over-sold, as there was
n good deal OF buying early through
commission houses, Corn was firm and
weak by turn and closed lsG@9sc high
er. Oats advanced &c and provisions
closed unchanged to &c higher.
Wheat ran independently OF Liver
pool to-day. II started weak against
Liverpools opening strength and when
the latter was losing ground the Chica-
20 market was gaining, The opening
for December delivery, which closed
Saturday at 92hc, was at from 92lsc
down to Ol&c, and a few sales were re-
ported at 9l5sc, the next moment. Then
commenced rise In which an hours
time had advanced December from 9lfs
to 92Ikc. The worlds shipments OF
wheat and flour to Europe last week
were l0,O59, 900 bushels. compared with
100000 bushels the week before, ana
7,4iG 600 bushels the corresponding. week
of 1896. The quarterly on ocean passage
increased 100000 bushels. As Eng
llsh country markets were Is per quar-
ter; points lower per bushel decline
in the one case and liac per bushel In
the other. Minneapolis and Duluth re-
ceived 1873 cars of wheat against l,lOS
the previous week and l10S the similar
day of the year before. Those were the
reasons that caused the opening decline.
The advance which followed was rather
difficult to account for. Apparently the
market was oversold, for offerings were
very few and were accepted so quickly
that shorts grew aprehenslve, Their
efforts TO cover boosted" the already
buOyant market and not until 9Siac for
December was reached was there any
reaction. New York had very little for
elgn demand to begin with, but later
dispatches said the demand for ship
ment was good and that everything Of
fered to Liverpool Saturday was ac-
cepted. Baltimore reported sale OF
cargo of wheat to Leith and another TO
Antwerp. The quantity inspected out
since Saturday morning from Chicago
warehouses was 2l5OO0 bushels. The
visible supply increased l,374.000 BUSH
els, compared with 2.05S, 900 bushels n
year ago. making the total now lT,l4O,0N
bushels, against 49,653,OOO bushels then.
The receipts were 4j9 carloads. Closing
continental cables reported but small
changes. After the advance in Decem-
her to 93kc 1t reacted to 92sc and rose
again to 927sc, which was the trading
price at the close. Although the mar
ket was active and fluctuations both
numerous anC material, the trade was
not very heavy. A few good sized buy
ing orders made sellers reluctant to Of
fer any until II had been bid up. and
there was n corresponding scarcity of
buyers on declines.
Corn was fairly active and stronger
under general covering by the shorts.
influenced to some extent by cold wea-
ther. smaller receipts than expected and
less Increase In the local stocks, as well
as the visible supply than anticipated.
Buying was general, chiefly by the re-
cent large short sellers, while the offer
lngs were not very free until after fair
gain was scored Receipts were oil
cars. Visible supply increased $4,000
bushels. Cables were lower. Deem
Der ranged from SO%c to zoe, and closed
about lac higher at 3OlGc
Outside OF short covering market,
oats was featureless and huctuated en-
tirely under the influence Of corn, Re
Ceipts were 523 cars. Visible supply In
creased 1,O52,OOO bushels. December
ranged from 2O7sc to 2OiA d2O%c, closing
at 20Ac bid an advance OF NC.
Provisions were firm, though dull.
Prices were stronger at the opening.
helped by firm hog market and the
strength In corn. a moderate reaction
took place and some scattered realizing,
but that out OF the way, the market re-
sumed the opening flrmness and held II
to the close. At the close July pork was
2iFN5c higher at IS 52HTS 55; DeCom-
Der lard unchanged ut 81 III, and De-
cember ribs SC higher at s. co.
Estimated receipts Tuesday-Whcat.
40 cars: corn, 1910 cars; oats, as cars:
hogs, 1900 head.
Cash quotations were as follows:
Wheat-No. 2 spring 92Na92i4c; No. 3
spring SSGS0h No, red 92%@93Mc
Corn-No, 2 2S%a29c; No. yellow
2S& N29C,
oats-No. 1910; No white 22&3
23c; No. white 2lhQ22&c.
Rye-No. . Arc.
Bnrley-No. nomlnal No. 3 SOa4Sc;
No 4 29r37C.
Flax sced-Nc I 81 O5hdl O6
Timothy seed-Prmc 81 6OI2 G2k.
Mess Pork-Per Dbl. IS SOFAS b5.
Lnrd-Pcr 100 lbs, 81 10.
Short Ribs-Sidcs ioose) 81 g5rt5 30:
dry saltcd shoulders boxed 5tsI5Ac;
short clear sides (boxcd) jM6hHC.
Whisky Distillers' finished goods per
gallon 81 .,
Sugars-unchangtd
Bntter-Flrm; creamerles iidlohc;
dalrles iO0l7c.
Chccsc-Easy Mt Sn9c.
Eggs-Flrm; fresh lic.
80, Open High Low Clos