The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-16
WHEEING DAILY INTEIIGEoER THURSDAY DEcEMBER IS 1891

late in the session Corn AMI oats had
a lively squirt In the last fifteen or TWEEN
~ minutes trading and showed closing
advances % 7sQisc,and lsc respective
iy. Provisions were strong throughout
and advanced 7lsGl5c.
There was no strongly developed feel
Ing either way al the opening in wheat
Prices were substantially the same as
at the close yesterday, May starring AZ
90isG90Ac, most OF the sales being at
s0skc while December was quoted at
9Ol.c A slightly firmer feeling was I'M
parted soon afterwards by a cabiegram
from the Liverpool corn trade stating
that only five Argentina steamers had
been so far chartered for shipment OF
wheat. II also quoted Goodwin, the Ar
gentina wheat authority, us saying ar
rivals In Europe would not be before
April. A private Paris cahlegram rldl-
culed the statement that France would
only need to import 20,000,00O bushels
foreign wheat from November TO the
end OF the crop year, stating that their
estimate OF the requirement for that
time was G0,O00,000 bushels and that
bakers and millers stocks were small
and farmers deliveries light These
statements caused moderate covering
by the more timid shirts, the price OF
May advancing in consequence to WAc,
but the dullness of trading initiated
against any sustained advances and
prices slowly slid of again to 9O&6.
though not without several slight rail-
lies. Minneapolis and Duluth receipts
were i72 cars, against 600 Wednesday
week ago and S77 the corresponding day
OF the year before, Chicago received In
the usual way by rail 334 carloads com
pared with 900 year ago. but received
to-day In addition to rail receipts from
the country one hundred cars anu So'-
coo bushels from unlicensed elevators
and 10000 bushels by lake; the latter
lots all No, northern spring primary
market receipts amounted altogether 20
49,, 4G5 bushels, against $4,000 bushels
the previous year. Export ciearanees
from Atlantic ports amounted from TO
$4,000 bushels in wheat and Hour.
A second cablegram from the Liver
pool Corn Trade News reported oIh-
cial statistics OF wheat and Hour con-
SUMPTION In Germany and Belgium lot
November much smaller than IN that
month last year May touched 9OBc' lhe
low point on that. Brndstreets reported
the worlds visible Increased by SS3'OuO
bushels. The temporary decline on the
reported reduced appetites OF the Ger
mans and Belglans came TO an END
when the Bradstreet report was pub
llshed, The market developed consider
able strength toward the close, due TO
free covering by shorts and limited
specuIative offerings. May advanced
10 9l1lc and closed Arm at 9lbc. Decem-
her transactions comprised all tod,
about 200. 900 bushels, most OF II sofa
for Armour & Co.'S account and bought
principally by Allen Grler at around
&c II started nomlnally worth gIHe,
then nj 9Tc, from that up to 9S12c ana
down 10 size, where It closed,
Corn was very slow and Inclined to he
weak IN TO within fifteen minutes OF
fine close. when It suddenly became ac-
tive and strong on a rush OF shorts 10
cover sales made during the recent ne
cline. This caused recovery OF Tue
slight early decline and good adVatlres
besides. Speculation was quite pr9au
at the close. Cash demand slow May
ranged from 29a29isc to 2SFsc, closing
9sa1kc higher at 29G?Sbc
oats, like corn, were weak carry IN
the session. following free selling frices
turned abruptly upward when covering
started near the close, for very nltle
was ofIering and the market was strong
aud &c higher at che end. Cash Dust sla.,
ness was limited May ranged from
9eIre 20 99e and closed at &c.
Provisions were exceedingly firm ana
more active speculatlvely than they
have been for some time. Light re-,
ceipts OF hogs and firm hog market
started prices higher and good general
bnvIng kent the market advancing
Purchases o; lard were especially
heavy, Al the close May pork was loo
biSber at IS "a, May lard 7kgloc high.
or at 81 6j and May ribs 1Oc higher al
81 47is. ,,
wheat. 4lO cars; corn. 800 cars; oats
ago cars: hogs. $1,000 head.
The leading futures ranged as follows: