The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-09

Observation-Disclosures wheat sold to-
dav at 81 OF and closed at 81 e9M, or 70
above yesterdays close. May also adj
vaneed 7sc Receipts In the northwest at
last are falling below those of last
year, This fact caused anxiety among
the shorts and was undoubtedly the
principal reason for the advance. Other
markets We're uninterestlng Corn clos
ed Il shade lower oats unchanged and
provisions 2ha7Ac lower,
A frmer tone was observable in
wheat at the opening and It improved
as the session progressed. The chief in
oentive to buy came from the further
decrease in the deliveries In the north
west and though other bullish news
came In during the day, this proved the
main sustaining factor throughout, For
the first time shorts In December show
ed real anxiety December opened at
99c, or Nc above yesterdays close, A
little selling by the bull CLIQUE sufilced
to put the price back to 0SAc, but an
hour later an attempt 10 buy few lots
put the price to 81 very quickly. The
Interest in the option did not then die
out as 1t did yesterday More buying
orders came In after q slight reaction,
which put the price to 81 OF. Again the
bull crowd let 50, but for the rest of the
day December showed an affection for
the dollar mark, There was good action
In the May price also. due partly to the
bidding up OF December, partly to bull
Influences May opened n shade over
the Tuesday closing at S9%c, and sold
at once to zoe. The first hour found the
price advanced &c over last night to
9OSq9Ohc, Then when the December
went 20 81 90, May sold at 99%e. When
December went to 81 OF, May sold at ole.
II is fair to suppose that fully lie OF this
gain was due to the pressure In Decem-
Der
Chicago receipts were still as dIspro-
portionately heavy as ever. numbering
256 cars, compared with twenty-seven
cars last gear, but there are extraordi-
nary inducements being offered to
bring wheat here II 1t is up to the high
requirements of the Chicago contract
quality. Minneapolis and Duluth re-
ported six hundred cars received,
against 7l5 the Wednesday previous and
629 th4 corresponding day Of the year
before. In view of the fine weather and
the cash premium. this was regarded
as augurlng a permanent let up In the
heavy receipts in the northwest,
Bradstreets worlds visible statement
was a surprise and was influential In
the high prices, both of December and
Nav, II showed decrease of $4,000
bushels. whereas the increase OF n,
least 1000 600 had been looked for The
primary market receipts. were Ss5. 900,
compared with $4,000 inc year before.
Atlantic export clearances OF wheat
and flour were equal TO eOl. 900 bushels,
During tho last hours trading May
sold Off TO gOisc on realizing. and closed
ut gOh q9O5sc, December closed at
81 OOK,
Corn was utterly Indifferent to the
advance In wheat and barely MANAGED
to hold Its own. outside OF h little
trading in May early In the day, there
was almost nothing doing. Receipts
were moderate, $50 cars, but country Of
ferings showed an increase, and this
country selling It caused the slight
early advance 10 be lost. Cables were
steady, Clearances amounted 20 $50 900
huabols CbInnior leronn moor cnnsld.