The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-18

CHICAGo-Wheat had a decided
damper put on 1t to-day by the unex-
pected weakness OF the Liverpool mar
i5et and showed i%qt7sc decline for
the September option at the close. Corn
was weak on the favorable weather and
crop reports and declined &c. oats
were steady and show no change. Pro-
visions were strong In the MAN. pork
advancing l09i2iac, while lard and ribs
were substantially unchanged.
a decline of 1c per bushel inaugurnted
the days business In wheat. Septem-
Der, which closed yesterday worth S5ihc,
started at from Sac to SAGE. 1t grad
ually improved to S5c and fell Off again
to sac, and for over an hour II kept
iluctuating between those figures. De-
cember was somewhat steadier after the
confusion of the opening, and narrowed
Its discount from September for time.
The Liverpool market at the opening
was only lhGssd higher than Il closed
yesterday. which In comparison with
yesterdays lisc advance here was n
great disappointment and Its effect on
the market was very apparent. In adj
ditloR 70 the unsatisfactory advance mt
Liverpool, the receipts at Chicago sub
stantially confirmed the increased
movement that yesterdays estimates
fOreshadowed. The number OF cars in
spected into store was 432, compared
with 2GO year ago. or this number
S9S were new wheat The out inspec-
ton was 10000 bushels. Minneapolis
and Duluth got 1922 cars. against 1863
Tuesday week ago and ass the COrre-
spending day of last year. Bradstreet's
reported an increase Of 100000 bushels
In the worlds visible, compared with
decrease Of $4,000 bushels the year be-
fore. The market had been holding
very steady between HIc and Soc for
September until the receipts of the re-
port but became weak Immediately af-
ter and declined TO Sic. New business
from outside was small and what there
was Of II was chiefly for December de-
livery, Trading In September was gem
orally In the way OF settling UP out
standing contracts, Cudahy's buying
Of December was quite conspicuous
That operator was said TO have received
very Encouraging news regarding the
prospects for spring wheat. Scabonrd
ndvlCes were In continuance of what
has been their regular drift for some
time concerning the excellent demand
from exporters, Long wheat began to
come out In the last hour of the pes-
sion, but Il did not look Ike any Of the
larger lines: in fact the market was too
small 10 have taken any considerable
quantity without quite severe break
September gradually declined to S3lhc,
but had recovered to S3MaS3&c Mt the
close.
Corn was weak from the start, losing
&c during the first hours business. and
recovering but little OF the decline
Crop reports were as a rule NJ the most
favorable character Liquidation was
quite heavy. especially by elevator pco-
pie, who reported free acceptance If
country offerings Tho wheat bull
crowd was n large buyer OF December
corn. Local receipts were heavy, 1919
cars September opened haNc lower
and ranged between that price and
27Ac, closing weak ut 2sMc bid
Nothing OF particular interest dcyel-
opcd In oats The market was fairly
active, though the range Of prices was
unusually marrow. There wnR nm In
Clinntlon TO Yield with corn for time,
hut the good export demand checked II
Receipts were zoo cars. September
opened at i7Ac yesterdays closing
price The range was between i17ac
and l7Aat77sc, t19,c being asked at the
close
quite nm active buslnsar was done IN
provisions During the first hour the
influence Of lower yard prices was felt,
but the market suddenly TURNED strong
On the buying Of n big line ur pork
credited 10 Armour, and although some
NJ the advance was subsequently lost
the market remained strong to the
elosc, Lard and ribs were rnthrr nr.
elected At the close September pork
was lOdlgMc higher At IS l1MTS 90
September lard unchanged ut 81 Az
nnd September Ribs a shade lower nt
If 8gW0t a5.
ESTIMATED receipts Wednesday,