The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-16

do preferred. I'M lU. >. lNhthef,'. III
Northern Pae,., 2gIk do pre-, eX-d,. 4, .
Brssdstufs aud ProvlaIonI.
CHICAGo-Wheat acted for a long
time to-day as II the bull, clique had
lost It's grip on the market. Enormous
seaboard engagements came to the res
cue and after selling 17sc below yester-
days prices, December rallied and clos
ed where II left off the day before.
Sharp bear raiding In corn resulted IN
n AQSc decline In that market. oats
closed unchanged and provisions I'M
changed for lard and ribs to lOc lower
for pork.
Wheat was a puzzle at the opening,
1t was difficult to account for the hc
advance with which the market started
the Liverpool market which usually IN
iluences the opening tone here, showing
opening declines OF load. II was
claimed In despatch form Minneapolis
that the threshing returns in the Da-
kOtas and Minnesota indicated a crop
for the three states of not to exceed
10000 900 bushels, but there was not
much confidence here in such a low esti-
mate. Paris was reported from 10 to 10
centlmes higher at the opening and the
advance here was absorbed by some
people to that. But the opening strength
quickly faded. December which closed
yesterday at 94isq9i9sc. started to-day
at 0iA @9i5sc, and in two minutes more
II was down to 93Hc. There was no sta
tlstcal reason for the decline, 1t was
apparently due to total lack Of support,
scarcely any demand appearing until
93kc had been touched. a recovery to
94c then ensude. But during the next
two hours the bearishness that sue
ceeded the momentary opening bulge
became more pronounced and the price
suffered accordingly. The market
broadened as the price sank and with
such evidence before them that the bull
clique had lost its grip the short sellers
became more courageous and pressed
their advantage. Chicago received go
carloads, Of which 20 were contract. The
quantity inspected out of store was 53,-
$50 bushels. Minneapolis and Duluth
received 5SS cars compared with 032 the
corresponding day of the year before.
Antwerp showed weakness With de-
cline Of S7A centlmes, or equal to &c per
bushel, and Liverpool closed at a net
decline for the day OF sd, per GENITAL for
futures but unchanged for spot. About
noon the market became strong. The
price of December had In the meantime
declined 70 92&e. but from there It pick
ed itself up and rose readily to 9ih0
9iMc.
The recovery was to the enormous
amount of waiting orders for wheat for
export that We're uncovered by the
early decline. New York varied in the
reports of the actual quantity sold for
export all the way from as to 200 boat
loads. The close was firm at 9iiA4
H&c.
Corn lost all the bulllshness 1t o.
played yesterday and ruled lower all
day. Various influences combined to
cause the weakness. The break in
wheat had some effect. Rain was re-
ported In some portions of the corn belt
and more with cooler weather was pro-
missed. Cables were BdlBd lower Re-
ceipts, S5S cars, overran the estimate.
December started h@H lower at 3lBGD
SIC, II sold down gradually under Wig
orous trading when the revival in wheat
set in and December corn recovered to
3lA63lTc, where II closed. A sale of
100000 bushels for export from here was
reported,
oats were dull and without special in
cldent. at the opening the market being
weak, with corn and II remained so for
some time. II rallied later on the eN-
cellent shipping demand and closed
firm Receipts were posted at 296 cars.
December ranged from 2lM62lhc to
a07sc closing unchanged at 2lkc,
Provisions again suffered from the
yellow fever news from the south.
Prices ruled lower all around for most
of the session with good deal Of stop
loss selling. on the break there was
good covering and general recovery
ensuod Nevertheless the market was
weak at the close. December closing Toe
lower at IS Is; December lard unchang-
ed at 81 so and December ribs unchang-
ed at 81 so.
Estimated receipts Thursday: Wheat.
800 cars: corn 900 cars; oats 800 cars;
hogs 10000 head
Cash quotations We're as follows:
Flour slow.
Wheat-No spring 94t, a9isso: No. 3
spring SSI9ic; No . red 95hG96ssc.
Corn-No. 2 29% @29jsc No. yellow
29Ad29%c.
oats-No. 2 19Nc; No. white 22c; No.
white 22q22Ac.
Rye-No soc
Barley-No. nominal No. 3 32aISc;
No 20Gf33c.
Flaxseed-No 81 O6A6l 90.
Timothy seed-Prime SO c..
Mess PorS-Pcr Dbl, IS lOGS is.
Lard-Per 100 lbs, 81 42is.
Short Rtbs-Sides tioose) St O0a5 20:
dry sailed shoulders (boXed) jhG5ac:
short clear sides (boxed) 5iA@5Fsc.
Whisky-Dlstillers finished goods per
gallon 81 %.
Sugars Cutloaf 5000; graduated
527C.
Butter-Firm; creameries 12qt7,ac;
diaries 0Nl5c.
Cheeso-Easy at ST9c.
Eggs-Firm; fresh 13c.
The leading futures ranged as follows:
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