The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-12-13

CHICAGO-Wheat was quiet to-day,
in marked contrast to the violent huc-
tuations of the past three sessions. The
close showed an advance OF IL for De-
cember over yesterday. Corn and oats
closed firm after dull day and provls-
ions were in good demand ut an advance
OF lOc for pork and 21sc for lard and ribs.
The speculative trade In wheat was
light but the feeling continued nervous.
The December clique was thought to
have picked up most of the offerings,
possibly enough to replace the amount
sold yesterday at much higher prices,
To check the teverlsh advance which
had been started on the action Of the
shorts. But while December sold high
or. the more distant futures we're lower,
May selling at one time &c below the
close last night and January nearly &c
off, but both recovered some. The
heavy movement OF wheat which Is I'M
der way for this market tended to re-
lIeve 10 some extent the apprehension Of
the shorts and there was less urgency in
the demand from that interest. II was
currently reported that wheat was COM
ing in good volume from Minneapolis,
and that 100000 bushels Of Duluth No. |
northern on the way to Buffalo had been
stopped by tclegraphic orders and turn
ed back to Chicago, where the price
would net the owner nc per bushei
profit. II is known that there are large
amounts Of wheat elsewhere, only walt
ing for the price here to reach figure
which will warrant putting II on the
cars for Chicago, and the bears hope TO
see II come In such Il food as to seriously
cmbarrGss the clique 10 take care OF IT,
II was the belief that such would be the
case that encouraged the short selling.
Joe Letter e. credited with the statement
that however much wheat the clique
might get II would all be promptly ship
ped. but the bears looked upon this as
BLUM. In December very little was
done, but any offer to sell depressed the
price lie per bushcl. and bid for 10000
bushels was sufficient TO corresponding
~ advance It. The opening of Decem-
Der was 81 0i, and 1t afterward ad-
vanced 10 81 0j, and then dropped 10
81 o.. and the last trade was at 81 0iih
January was In about a similar condi-
ton TO December. II was extremely
sensitive md orders 10 buy or sell were
In somc cages impossible OF execution
within from lc to ilac OF the Immediate
~ preceding transaction. The range at
the start was from 95e 60 g3ise, after
winch II sOlu again at JiA anu uOWn 10
93lAC at the close. While December In
the end showed likc gain for the day,
January shows ihc loss,
Corn opened easy ut &c decline for
May and &c for December. Business IL
now all In May except In tho way Of
changing open trades In December to
the later delivery. The bearshncgg Of
the crowd quickly changed with a little
buying for long account and the early
short sellers made their own losses In
competition for the trusted offerings
May closed at the same price as the day
before: December 1-iGc lower. May
ranged from 2Sakc TO 2S@c, closing at the
latter The days receipts were $50 cars
A fair business was transacted in oats.
Notwithstanding tho narrow range OF
prices. May opened nj 22Hc, sold at
22hc and closed at 22AC. &c on from
yesterday. Receipts were 392 cars
Provisions were Arm and trading was
n little more general than for some days.
May pork rose lOn to IS j7la and closed
at that May lard rested at 81 52ik. an
Improvement OF 2ihc, and May ribs at
"a "a, showing also 2ihc advance.
Estimated receipts for Monday. Wheat
200 cars: corn 800 cars; oats 4lj cars;
hogs ft,OOD head.
The leading futures RANGED na follows: