The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-16
Brsaaalufs and ProyI.lona

cHIcAGO-Dullness was the most
noticeable feature OF all the grain and
provision markets to-day and with the
exception of provisions, prices did not
change much. Wheat closed Nc high
er; corn closed sc lower and oats a
shade higher Prlvlsions suffered from
liquidation and closed 7iE@15c lower
For the first two hours OF trading in
wheat the market was an unstable one,
with a range for May from 9O9Sc down
to S9%c. Opening strong at 9O%@9Ol4c,
as against Saturdays closing price OF
Soc, May sold for an instant at 90%c,
the high price OF the day. then declined
under the only really heavy selling
which took place during the session to
S9Ac. 1t rose again to 90IsC but by 1880
had declined to S9&c. The chief reason
for the strength at the start was that
Liverpool was Ad higher, notwlth-
standing the drop in price at the end
OF the week here. There were some
other reasons, however. that had more
or less to do with 1t, The weather bu-
reau predicted an unfavorable change.
Since Saturday II had been moist and
mild, and generally about as helpful to
a weak plant as could be wished at this
late period OF the year, but the Their
mometer In the extreme northwest
marked 10 below zero this morning and
u considerable drop from recently COM
paratlvely high temperatures in the
winter wheat country was the predic-
ton for tonight.
The London Times estimated the
damage by frost to the Argentine crop
at 10 per cent. The receipts in the
northwest gave some indications OF
feeling through effects OF smaller deflv-
cries from farmers. Minneapolis COM
pared with the Monday previous, had
1853 carloads less. The days receipts at
Minneapolis and Duluth were 1896,
against 1,63S the Monday preceding, and
1859 the corresponding day OF 1886.
Chicago receipts were liz cars, against
81 cars last year, but in addition to rail
receipts was n cargo OF 10000 bushels
by lake. The total receipts at western
primary markets were l.4570OO bushels,
against l,023,00O bushels a year ago.
Atlantic port clearances were $4,000
bushels In wheat and flour. The guam
tlty OF wheat on ocean passage was In
creased 100000 bushels and the ship
ments from all sources TO Europe last
week were 9,26l 900 bushels, against
9,2477OO bushels the previous week
This latter item had good deal to
do In causing the selling which resulted
In the decline after the opening. The
visible supply statement was an addi-
tlonal source of weakness. 1t showed
an increase of 1921 900 bushels. During
the latter part of the session trading
was very dull, though prices showed
more steadlness. Liverpool closed I'D
higher The corn trade news predicted
an Immediate falling Oft in Russian
shipments us n result Of Ice. The
strength which was, maintained gave
the market much needed support at
times. May was bringing 9Ohc at the
close.
Corn was duh with very little doing
beyond changing December 10 May, and
even :hat IN limited quantities. Ele-
vator people were the most conspicuous
sellers The feeling was easier, more
from neglect than from any statictical
Influence, but price changes were mar
row. Receipts 1893 cars, The visible
supply decreased 1864, 900 bushels. Ca
bles were I'D higher. May ranged from
3Oc to 29Fi a295sc and closed &c lower
at 29Se.
The market for oats was very similar
to corn in the character OF Its trading,
very little being done beyond exchang-
Ing. selling December and buying May
At about 13ic premium for the latter.
Prices averaged SHADE better. The
chsh demand was not so urgent Re-
ccpts were Az cars Visible supply de-
creased 100000 bushels, May ranged
from 22c to 2i&a2lSc, closing n shade
higher at 2lM@22c.
Provisions were slow with prices
weak. Lower prices at the yards were
responsible for an opening decline in
provisions and moderate selling by
packers kept prices on the down grade.
Shorts were the principal buyers AT
the close January pork was i2lhnl5c
lower Mt S. 2O0S 22is, January lard ~
hiOc lower at 81 % und January ribs
7Hka1Oc lower at 81 2gls.
Estimated receipts Tuesday: Wheat,
100 cars: corn $50 cars; oats 4Gj cars;
hogs 10000 head.
The leading futures ranged az follows:
Articles. open. High. Low. Close.