The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-20

CHICAGo-All grain and provision
markets started weak and closed strong
to-day. The strength of wheat was linn
tied to the last thirty minutes, when out
side buying started shorts to covering
which caused a recovery of the early de-
cline and NGIsc besides. The action OF
corn and oats were similar but closing
prices were at declines Of Ad%c for corn
and NC for oats, Provisions were
stroner than any OF the grain markets,
closing at 71A@f7i4c advance
Wheat continued in the direction OF the
downward Impetus given It yesterday.
December closed yesterday at 92q92hc,
and opened to-day at from 9lAc down to
9l9c. 1t barely touched 92c a second
later. and then began rolling over and
over down hill until 1t got to Ole,
which point It reached about an hour
from the opening. The Liverpool mar
ket came in line with the decline here,
showing the following declines In flu
lures: September. I'D; October, lhd:
and December I'D per Genital, with the
temper of the leaders OF the local specu-
lators strongly inclined TO the bear Side
The decline at Liverpool was all the fur
Their announcement they needed to at
tack the market afresh. and during the
early morning they did so with a VEN
geance. The clearances OF wheat and
flour from both coasts for the weak as
reported by Bradsireet's. were the heavl-
est but one In any week In the statistical
recollectlons. They amounted TO the
great total Of 6.3790OO bushels Beer
bohms cabled that the worlds shipments
for the week to Europe would probably
be found to amount to 100000 bushels,
but in view of the heavy American ship
ments. the figures are expected to
be considerably larger, Argentina report
ed no wheat this week, and, according to
accounts that country Is engaged In a
vigorous contest with locusts to enable II
to get some to ship after January next.
Chicago receipts for the day were 2iG
cars. Minneapolis and Duluth got l,143
carloads. compared with LBS a year ago,
The Atlantic port exports for the day
euualed 745.0O0 bushels In wheat and
flour ISL 900 bushels of the total BET In
the raw grain. The decline TO Ole 5Itls-
fled the bear contingent for the time,
but when they tried to buy In short
wheat at that price they found few SELL
ers. The Paris market came In with n
slight advance at the close, and Minnea
polls and st. Louis sent large buying or
ders here, the result being scramble
among both bulls and those who prevl-
ously were bears for the limited offer
ings. Under such competition the price
rapidly recovered all It's previous decline
and shot up TO 92Ac, and II rested at
92iRc.
Corn was active. There was some
liquidation. enough to cause a sc decline,
while wheat was weakest but the mar
ket as whole was stronger than expect
ed. II was the general opinion that the
crop was too well advanced to be injured
by frosts Gables were very weak The
weeks shipments were 100000 bushels.
Argentine shipments were nothing com
pared with l,GjG,000 bushels last year
Receipts were 500 cars. Shorts covered
actively during the latter part Of the ses-
sion, and a great part Of the decline was
recovered. December opened hGAc
lower, at 2o7kd3Oc, sold between 3OMa
29iad297s G3Oc,
oats sympathl2ed with corn, and ruled
weak from the start. but became firm to-
ward the end Trading was small and
unlmportnnt A feature was the moder.
ate selling Of May, some 100000 bushels
being offered by one prominent firm. Re
celpte were LIBERAL iOj cars, and acted as
bear influence December ranged from
2Oiac to 2OMc, closing at 2Ohc, decline
Of Nc
Speculative business In provisions wac
not heavy, but the tone was strong The
opening was at n slight decline. on the
continued yellow fever news, Shorts
covered actively, pork being In especial
" good demand, and as offerings wcro
light, prices moved upward easily. At
the close December pork was i7ihr high
or. at 81 90. December lard, 7BQi0c
higher at 81 67Md4 70, and December
ribs 7c higher NJ 81 05 October lard
gained ljc, closing at 81 27lb.
The lending futufpg rnnrpd na fniinNyat