The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-03

December delivery. The market was
strongly influenced by the sharp ad-
Vances In foreign markets and both Of
the prominent futures sold well above
96c for n time,
All the other markets were strons
early, but yielded later in the session and
wound up with declines Of &c In corn, hc
In oats and 2lAGl0c In provisions.
Wheat,was very strong at the opening.
The early cablegrams-those received
here before the days business In the
trading pits commenced-were OF sem
sationally buliish character and suhi-
GENTLY explain a jump in price Of De-
cember to Csc and 05kc at the start, yes
terday's closing price having been 93asc
In about thirty minutes 96c was being
paid for December and at the same time
September was wanted at 96Hc, without
sellers Of more than one or two 5000
bushel lots answering to even such an
advance over the 93Sc It was selling for
at the close OF the day before. Liverpool
dispatches described that market rs
opening strong and excited at from AZ
to I'D over the previous days quotations.;
English country markets were Is per
quarter. or &c per bushel higher and
Paris showed an equal advance for Sep
TENDER delivery, the quotations being 60
confines, up, which is the equivalent OF
&c per bushel OF course after a 3lkc per
bushel rise, with n further addition of
2%c In the first half hour to-day, there
were numbers of people who had hand
some profits too tempting for refusal and
their selling was the principal feature of
the trading the next half hour. and In
consequence Of which December reacted
from 96c to 94kc and September from
96%c bid to 95c sellers.
The receipts here were 226 cars, of
which only 16 were contract. The guam
tlty inspected out Of store was 114,OO0
bushels. Minneapolis and Duluth re-
ported 3l4 cars compared with 557 the
corresponding day of the year before,
The total receipts for the day at primary
western markets were 9l3,S7O bushels,
compared with Sl0,57S bushels the cor
responding day OF the year before.
Atlantic port clearances were 6S7000
bushels. Closing Paris cables were
rather sensational, showing an advance
bushel and November and February 4Kc
bushel and November and February 4ikc
per bushel. What buiiish effect this had,
however was rather discounted by sea-
board advices, reporting few foreign ac-
ceptlnces. But when closing Liverpool
cables were received showing no falling
off in the previous advances, buying was
renewed here and sent the price Of De-
cember on another climb. II reached
96kc on that swell and September
brought 96ikc at the same time.
on the last advance, as on the one that
preceded It the price bumped against
spring that released flood as before,
9ikc being once more current near the
close The principal bull crowd bought
moderately on the declines and sold
heavily at about 95&c and better. Clos
ing quotations were September 95c and
December 9iikc. Liquidation was the
feature In corn. The market opened
strong helped by wheat and indications
Of cold wave west and Notwithstanding
millions of bushels of long corn were
sold, prices were well maintained during
the morning. Offering acknowledgement
too large for the market to absorb, how
ever. Receipts were very large, 1854
cars. and counted against the market
The Price Current reduced its crop fig
ures to l.75O,OOO,OOO bushels Scattering
rains were reports through the corn belt
and more were promised tomorrow
Charters were for $4,000 bushels. De-
cember opened Ad&c higher at 33lsc
ranged between 33Ac and 32%c, closing
at 32& d32Rc.
Trade in oats was unlmportant and as
has been usual OF late, void Of independ-
ent features. the market being influenced
chiefly by the action OF corn. Elevator
people We're prominent sellers. Receipts
were 3lS cars May opened &c higher at
PIC. sold at 2id2lMc, but weakened later
with corn, declining at 2O%c and closing
AT 2Ohd2Ohc There was a good trade in
provisions. There was some dlsap-
pointment over provision stocks. the de-
crease not being so large as expected
Longs were large sellers Of lard and ribs
presumably profit taking. Prices opened
strong with grain and a higher live stock
market, but yielded gradually. Packers
generally were sellers. At the close De-
cember pork was &c lower at 80 02ih, De-
cember lard 2ha5c lower at 81 % and
December ribs unchanged at S. 80. Sep.
TENDER and october ribs, however, show
ed a Toe decline.
Estimate receipts Friday:
Wheat $50 cars; corn / 800 cars: oats
400 cars, hogs 2l,OOO head.
Tho lending futures ranged as follows: