The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-06

CHICAGO-Wheat recovered exactly
half of yesterdays INC decline to-day
The tone of the foreign markets which
caused the declln, yesterday, was also
responsible In a great degree, for to
days advance. Germ and oats followed
wheat and advanced kdhc each Pro-
visions, hlwever. were heavy and wound
up the day with slight declines
Trading in wheat was narrow with
prices confined to a narrow range. The
market started strong at 9id9ihc for
December an advance Of lh@l&c over
Yesterdays closing prices. Liverpool
showed substantially no change not
withstanding n lac decline here yester-
day. New York reported a large bust
ness done for export the day before, the
quantity being placed as high as 100000
bushels, 10000 bushels OF It from New
York direct and 100000 bushels from out
ports,
The weeks clearances of wheat and
flour from both coasts as reported by
Rradstrects were 6,2GS.2f bushels. These
were the most prominent features of the
early news and were presumably the
reasons for the strong opening. There
was enough realizing AT the opening adj
vance to send the price down to 93%c
when n gradual recovery took place. the
market reaching 93%c by 1880 o'clock.
The Missouri state crop report was n
bulllsh statement, giving the yield at
Q. 400 900 bushels. compared with 12.7lO.0OC
bushels the year before. The news from
che northwest was also suggestive that
an even poorer crop Of prlng wheat than
has hitherto been believed in, especially
as regards the quality Of the new wheat.
The American consul Mt odessa is re-
ported as stating the Russian yield OF
wheat In some pieces to be only four
bushels to the acre. The worlds ship
ments OF wheat and flour to Europe this
week are estimated by Beerbohms at
S, 900 900 bushels
Chicago receipts were 3lj cars. only %
of them contract and 20 of these No. 2
spring. Minneapolis and Duluth received
only $50 care against liz the cores
bonding day ~ 1896. The continental
markets did not show much change.
Paris reported q decline Of 10 confines
mud Antwerp an advance of t2h CEN
times Clcarnnccs to-day wOrn reported
Mt 100000 bushels The local. mhlpping
demand was nj n standFtll. which fact
somewhat initiated against the bulls.
December was selling at 03Mc az the
close.
Corn was Glow hut steady, helped by
the hot dry weather AMI by the fact that
argentine corn shipments were nothing,
whereas last year l,S2iOOO bushels were
shipped There was some apprehension
over expected enormous receipts by
Tuesday and disposition tn "cvon
up" over Mondays holiday was
shown, which resulted In q partial losa
OF the opening advance. Gables were
unchanged, scnbonrd clc1rnncos were
600 900 bushels Local receipts were post.
cd at i,Blj cars December opened Im
Mc higher Ut 529A032hc, sold between
32Mc aud 32Mc, and closed at 32lhd32No,
oats were duci ana practically fcnt-
urorsg, the market attracting oven less
attention than usual. The feeling was
steady In sympathy with corn aud prices
were dllghily higher throughout Coun.
Try offerings were light, but shipping dc.
m0nl poor Receipts were ~ cars be
ccmbor sold between 2Oibc and gOM, clos.
Ing ~ the lnltcr figure, an advance Ut u
axe,
Provisions were Jun ana shade
lower The opening wng steady with
corn pOctom sold Hpnrlngly but light