The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-29

CHICAGO-All day yesterdays nc
advance In wheat was lost to-day while
December dropped INC, There was a big
Increase in winter wheat offerings espec-
tally prom Indiana, and this was very
effective wit hthe crowd, who sold from
the start. Other markets were dull, with
narrow fluctuations and only slight
changes IN prices at the close
Wheat opened weak for both May and
December. May started Ad$c lower at
s2%992%c and December at 9sc, a decline
of NC. Liverpool clables were dlsap-
pointing, showing burt h9Sd advance as
a response to the bulge here yesterday.
Northwest receipts were 927 cars against
s72 last week and 542 a year ago. The
~persistency with which receipts up there
refuse TO sell off in spite of all predictions
to the contrary was also n clog to the
market, 1t developed that the heavy ad-
vance In December was having It's nat
ural effect upon country shippers who
possessed any that would inspect con-
tract. Wheat that would have gone to
Toledo or st. Louis under normal condi-
lions, was headed this way and $4,000
bushels of No. 2 red winter ready to ship
from Indiana was sold in the pit at from
800 to gSRc for December delivery. The
opening decline in that future was press
ed into u still further reduction, when
the above Information became generally
know. Chicago receipts were 299 cars,
Bradstreet's reported American clear
ances OF wheat and -four for the week
from both coasts at 5,4G5,O0O bushels
against 6,653, 900 bushels the week before
and 3,I53.000 bushels the corresponding
week of 1896. There was some bull news
to hand but that little attention was paid
TO Il. New York reported 90 boatloads
sold for export, 20 of them FOR Trieste,
Austria. The days clearanceS % the
Atlantic seaboard amounted TO 400, 900
bushels. Only about $4,000 bushels in
crease in the visible is expected Monday.
The advices from the northwest that ow-
ing to bad weather farmers deliveries
had materially fallen off.
The bearish effect OF the sales of No. .
red winter wheat to arrive here from In
diana was increased when 1t became
known that handlers of cash wheat were
sellers of carloads to arrive for Iowa and
Nebraska correspondents who had No.
Northern spring to ship. Armour q Co.
likewise sold December wheat In the pit
which was supposed TO be against wheat
bought in Duluth 10 come here. Selling
of December finally became so free that
the market broke to 07hc near the OPEN
Ing II had sold as high as 99lsc. II stead
led somewhat at wac and by closing
time had recovered to 97&c. May did not
entirely escape. 1t sold between 92M and
92%c for some time, then broke to 0lSkc,
closing at 9lRc.
Corn was slow. with trade for the most
part consisting OF transfers OF December
contracts to May at about 3M@3Ac DIFF
ference. The tendency OF prices was
slightly downward. due to receipts Of SAG
cars, and sympathy with the decline IN
wheat. Cables were &Ghd higher. At
lantlc clearances were SOL 900 bushels.
May ranged from 20Nc to 2Sh@29sc and
closed a shade lower at 29Ac.
Oats were weaker and closed lower.
The decline in wheat had q depressing Of
feet, December showed some strength
shortly after the opening on n fair de-
mand, but the advance wad lost later,
Elevator interests did most OF the Bcll-
ting. Receipts were large, 1Ol cara. Sea-
board clearances were 472,OOO bushels.
May ranged from 22hc 10 22o and closed
nc lower at 220 22ho,
Provisions were very duh but firm.
Demand waa only fair, but offerings
were even smaller. There was some
transferring OF December contracts to
January, Cash demand was quite good.
At the close January pork wna 2lac high
or nj 81 I'M; January lard 2lSd5c higher
at 81 271S and Janiiary ribs a shade high |
or at 81 ibWA i7h,
Estimated receipts Mondays Wheat iGl
cars; corn 400 cars; oats 800 cars hogs
10000 cars,
Cneh quotations were as follows:
Four-lNrm; patents 81 7Odi 90;
stralghts 81 20Gi 40, specials 81 %;
epring palcntaSi AOm4 30; slraights 81 10
a. 10 bakers 81 b0df5 so,
Whcat-No. 2 spring S0Oia 6gihc, No.
= spring S2dOic; No 2 red VIZ GOSiac
Corn-No. ., gGNc; No. 2 yellow gBAc.
oats-Nd ., 2eai @2it; No . white T. O
b 2aAG2iAci No. . white {, o, b.. 900
23Nc
Ryc-No q, A7Hdi7Hc.
Nyc-No 2 T. d, h. 2Gfb3Gc.
FlaNeeed 81 Obhal lOh.
Tum0thyHcCd-prlmc So o..
pork-Mcss 81 g50f7 10.
Lprd-pcr 100 lbA "a 22Mal "a
short rlbs-Sldcs OooRoI 81 Itni 70.
Dry enltcd shoulders CboXodD '4Ndba
Short clear WlrcR boxed dhmA%r,
whlnky -Dlstillerl' finished goods, per