The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-08-09

HreadStuiTs and PToviElOnS.
CHICAGo-Wheat lead the way to a
general decline in prices on the board of
trade to-day. Foreign markets failed to
respond to the advance in wheat here
yesterday and the cash sales were very
moderate. Wheat declined i%@iAc,
corn sc, oats Isc, pork 1Olsc, lard 7l5c
and ribs SIZE.
Liverpool quotations for futures Of
wheat were Nd for September to sd for
December lower than they closed the day
before. That was the reason for n de-
cline here of 1c per bushel to begin with.
September was bringing TIC as the ses-
sion ended yesterday, started with SELL
ers at from 76b476Ac. Trade was light.
Those who made a handsome profit on
the advance are not disposed to risk any
Of Il by buying again this side OF SC or
&c decline. A moderate amount of short
selling was evident on the first bulge 10
769sc and grew In proportions as the ses-
sion progressed. Chicago receipts were
1875 cars, OF which 10 were new spring
wheat. Minneapolis and Duluth report
ed receipts of 1853 carloads against 427
a week ago and ga the corresponding
day OF the year before. The amount in
spected oft OF store was $4,000 bushels,
The weeks clearances OF wheat and flour
from both coast were equal to 3,30S, AT
bushels. compared with 2,343OOO bushels
the week previous and 2,7i7OO0 bushels
the similar week last year. About the
only bearlsh feature In the mornings
news was the report OF the Karsns crop,
giving the yield as 5O,5S9OO bushels,
compared with 30, 1874, 900 bushels q year
before. The South Dakota wheat crop
was privately estimated at 100000
bushels: the governments estimate for
the year before was 27,5S3,000 bushels,
The startling rumors to the effect that the
Russian government intended stopping
wheat exports were discrrdltsd owing to
the apparent weakness In the foreign
markets. Near the end ofthe session Paris
was reported 2k02&c per bushel higher.
a half cent rally followed, but the quota
tons were looked upon as an error and
had little effect. A fresh decline set in
which carried the price To the lowest
point OF the day. Cash sales were small
compared with the enormous transact
tlons Of late. New York claimed 10 boat
loads sold and one or two round lots were
worked here. September rallied &c at
the close, chiefly on covering. Septem-
Der opened %@7kc to fc lower at 1870
76Kc, sold between 76$c and 7jkc, clos
Ing with sellers at 1850.
II was another day of liquidation In
corn. The Kansas state report makes
the condition of growing corn Coo and es-
Inmates the old corn In the state at S.
900. 900 bushels. The weeks exports from
the seaboard cities were 3,223,SS5 BUSH
els. against 1,iS2,0OO bushels the week be-
fore and ,257, 900 bushels the correspond
ing week Of last year Chicago receipts
for the week 4,796,975 bushels and ship
ments 2.242,Gl6 bushels. September
opened at from 2G7sc to 2G3sc, declined to
2G3sc and closed at that
a fair business was done In oats. Sell
Ing orders were plentiful and the weak
ness In the other sereals helped the de-
cline. Receipts were heavy. 5G5 car
loads, ana the cash articles was weak.
Shipments were 10000 bushels. Septem-
Der opened &c lower at l7lsQl1Ac, sold
between l7hc and l6SGl6&c, closing
with sellers AT iG&c.
Provisions were very heavy during the
greater part OF the day influenced largely
by the weakness Of wheat, corn and
oats. The days run of hogs was 2l,000
head and the weeks receipts l6i.2S3
against 1862 head for the week last
year Shipments Of lard from Chicago
this week were 12,Oi5.S2O pounds, COM
pared with only 44S2 900 pounds the same
week last year,
September pork started unchanged at
81 90, declined l2isc, closing at 81 77Gl
Z so. September lard opened a shade
lower at 81 q, declined to 81 25, closing