The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-25


CHICAGo-Wheat averaged higher
to-day and closed at &c advance for
the December future. Local feeling was
bearlsh, but there was enough encOur-
agement for buyers In the way Of the
bullish foreign news to keep the market
a little above yesterdays prices. Other
markets We're dull and inclined to weak
| ness. Provisions having another touch
| OF the yellow fever scare, Corn and oats
closed a shade lower, while provisions
showed 7Jadl5c, declines at the close.
In wheat prices around the opening
were controlled entirely by the action
Of the Liverpool market. That market
started at n Nd decline, but before the
opening here had not only recovered
this, but added I'd to yesterdays clos
ing prices. The reason given for Liv-
erpool's strength was report u dam
age to the Argentine crop by frost. That
was considered unlikely and another
private message from Liverpool said the
report was without foundation. The
market here, however, took sufficient
notice OF the report to open December
wheat at from 92ac to 927sc. the close
price yesterday having been 92AG92%c.
The advance encouraged sellers and a
| quick reaction to 9l7sc followed. II was
| stated on the floor that a special session
OF the British parliament was being
| talked of to consider means OF relief for
the sufferers on account of the irish po-
tato crop failure, The bringing of this
feature OF the worlds food situation he
fore traders undoubtedly was lnfluen-
tial In the advance to 93c, which follow
ed the decline TO 9lHc. one decidedly
weakening factor was the continued
heavy local and northwest receipts. Chi
caEo received 800 cars: twentv-ciEht OF
them OF contract quality The guam
tity Inspected out of store was only
$1,000 bushels Minneapolis g Duluth
received l,O0l cars, against Lob a week
ago and I22 the corresponding week a
year previous The bull clique was left
alone in a great measure "a do all the
fighting against the bearishlv inclined
section OF the local operators Most OF
the heavy traders expressed themselves
as unwilling to buy during the contin-
uanCc OF such heavy northwest receipts
New York reported that foreigners
were moderate sellers Of futures early
In the session private clbeEram
from Berlin read: Wheat declining:
Danublan states Rnd Russia Offering
freely" The Atlantic port clearances
OF wheat aud flour were 400 900 bushels
Primary market receipts amounted 70
1917 522 bushels compared with 500 Si7
bushels the corresponding day Of last
year The closing prices abroad showed
the following changes comparing with
Yesterdays final quotations; Liverpool
No. American rcd and No I northern
spring Id lower; futures from ed to
Nd higher. Paris five centimes lower for
September and twenty confines lower
for later futures. After the advance 20
9Sc, the market rcnctcd to 92iRc 4 slow
advance TO s27Sc followed hut the weak
ness Of closing cables caused another
reaction the price OF December drop
ping back to 92Aa92Ssc by closing
time.
Trading IN corn was dun. the email
amount OF business made rathcr
heavy market Tho start was strong In
sympathy with the opening jump OF
wheat 1t followed that market on It's
decline and for the remainder Of the
session ruled very quiet and nuctuatcd
within n narrow range. Gables were
unchanged to hd higher Elevator poo
pie reported frccr country aCCcptlnces
Receipts were 672 cars Cash demand
was reported poor December ranged
''NN''U oV'lW"W'NN NlU bW"H bW9Nt tlOH=
Ing u shade lower nt 9ONC.
| oats fincuntch sympatnoticnlly with
wheat nnd corn. Elevator people sold
moderately The cash department was
easy, with GALES Tc lower The market
was very dun during greater pnrt ~
the session and fluctuations were mar
row and infrcqucnt Receipts wcro $40
| cars Clcnrnnccs were lGi 600 bushels
December ranged from 2O7sc to aONc
| closing shade lower at 2O&a2ONc
Provisions were wonlt Bad yellow
fever news aud liquidation Of October
contracts for ribs especially, were Che
| principal dcprcsalnu features The mar
kct apparently lnclod short interest and
the market showed absolutely no buoy
nncv closlng Mt the bottom VI rather
severe decline At the close December
pork was l2lkc lower nj ~ 20, Dcccmbcr
lard i5t lower Mt 81 ttdt Nv. and 10
! combcr ribs nc lower at 81 S9ts, Oc.
| tubor ribs declined Toe
Estimated rocoipta Saturday,
wheat 2ii cars, corn. tyt cara, ontu
i2i cirg, hogs. 1000 head
cash quotations were nF fullnwp!
Flour giondy
wheat No 2 aprlnp O9r. No. a pprlnp
1hmoONoj 40. q red OiBngGiLe.
! Corn 80, Q, 21ugnitc. No. yclioU