The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-23

mand oats advanced &c and proyis-
4 ions closed 9isc higher for lard 10 lilsc
higher for pork
Wheat traders were surprised at the
opening at the frmness az Liverpool
that market showing o l-g&d adj
vance when trading opened here, not
withstandlng yesterdays weakness
The result Of the unexpected strength
abroad was a firm opening here and
/ further immediate advance that put
prices within a small fraction OF yes
terday's highest figure. December
which closed yesterday al 9llsc' start
ed at 9lA@yl7sc, and advanced TO 9sIsc'
while May which was perhaps the more
active OF the two futures, opened sc
higher. at 9O&c and advanced TO 9lAc'
Buying orders for May wheat from the
United Kingdom in the hands OF sever
al commission houses In Chicago at the
opening, and their execution in the pit
caused further lessening ofthe premium
at which December IS selling over Aas.
What are styled In the provision trade
| here as the "Engllsh houses had
good share OF those buying orders Tor
May wheat. Very early in the session
| New York wired that twenty-five boat
| loads had been taken for export and
| claims were made a little later In the
| day that 100000 bushels had been sold.
| Strong cables were not the only factor
In the early strength, Reports from
| the winter wheat districts of the Miss
| isslppi showed decidedly gloomy not
| to say sensational state OF affairs on
account OF the drought The falling
| off in the domestic receipts also attract
| ed attention. Chicago got one hundred
and forty-four cars, against Two nun
| dred and forty-four a year ago Min
neapolls and Duluth reported eight
hundred and fifty-two carloads eompar-
ed with 1912 a week ago, and l,2gI the
corresponding day OF the year hetore'
| The total receipts Of western primary
markets were 100000 bushels, against
l,i3l 900 bushels a year ago Later In
! the session there was a brief period OF
reaction. There was some disappolnt-
ment at the comparative weakness In
| the Paris market, the consequence be-
| ing that December, which had mean
while advanced TO 92%c, declined TO
92kc. while May eased OFF from 9l9se
| 10 9lkc. The reaction lasted only
| few minutes and was succeeded by n
brlsker demand than at any period OF
| the day. Although It could not be as
certalned with any degree OF accuracy
| whether the sales of wheat made at
New York for exports were 100000
| bushels, ms some claimed, or only forty
boat loads (32O,OOO) according to other
reports, II was not doubted by any one
| that the export demand was good and
all the old local bulls took hand bug
ing. About fifteen minutes from the
| end OF the session the market began
spinning around In an excited whirl
| that caught up December TO 9ilsc, and
| May 10 $3.50, and those were the clos
ing figures.
Corn was active and strong. Some
| OF the heaviest shorts were the most
conspicuous buyers. The shipping In
aulry was again good, which was one
reason for shorts being anxious 10 GOV.
| err, and the extraordinary strength OF
| wheat did the rest Clearances were
| 49,, 900 bushels. Receipts were posted az
| $40 cars, Gables were h0%d higher
December ranged from 26A@26Sc TO
2jZc, closing at the top figures, an ad-
vance of 1d1iSc. ms
oats were firm and higher. The ad--
vance was in sympathy with wheat ana
corn and on better general ouyinA.
Light offerings also had good oeai 10
| do with helping the price. Inc export
demand was good, about SOVVVo pusn-
els being sold here for that purpose. ne,
ceipts were 235 cars December ranseu
from 1sXalS7sc to 1870 and closed &c
higher at 1S%alS%c. 1870,
In provisions the reports that frost had
occurred in the yellow fever district last
night, helped to make strong market;
The strength of wheat and corn was o., OK
course, a feature Offerings were very
light and prices ruled higher from tne
| start Az the close December PORK was ls
nc higher at IS 90; December IaIu -ss O,.
ribs 7lsc higher at 81 So.
Estimated receipts Saturday; ..
Wheat $50 cars; corn 575 cars; oats
235 cars: hogs $4,000 head. ,.n,,.
The leading futures ranged as follows;
Articles. Open High Low Clos inn