The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-10-28

CHICAGo-The influences governing
wheat to-day were as a rule favorable
to higher prices at the opening, Liver
pool had advanced quotations for wheat
Id per GENITAL before the trading COM
menced here. The predicted rain for the.
winter wheat region stopped west Of the
Mississippi and the domestic receipts az
wheat were again comparatively light.
Chicago receipts were 1863 cars, of which
only three loads We're of contract grade.
Minneapolis and Duluth reported 766
cars against SS7 aweek ago and 1,2OS on
the corresponding day of the year before.
The price wGs also helped by the ship
ments from st, Louis and reports of
large cash business at Duluth for export.
All OF the outside markets were strong,
A feature was the demand for December.
houses active on the 'bul" side for some
time past taking on considerable. May
was not so eagerly sought for as It has
been for some days, the consequence be-
Ing widening Of the spread during the
morning TO S2Sc, December, which closed
yesterday at 9i%0941ac, started with
buyers at 947s 695c and steadily advanced
TO 95ssc Offerings up to this time had
been comparatively scarce. but at that
price several of the large commission
houses sold freely and reaction to Csc
followed. The prediction of rain for iiii-
nOis, Indiana and Missouri had some eff
feet on the decline as did the report that
foreigners. particularly the French were
re-selllng at the seaboard. AT those fig
ures, however, the demand again i'm
proved and the market became quite
strong. Liverpool closed 1@1Ad higher
Shd added to the firmness as did the
heavy exports 6sl 900 bushels of which
$4,000 bushels was in -four. The mart
ket was further advanced on liberal pur-
chases by one Of the houses which sold
freely on the early bulge. supposed TO be
for local professionals who replaced part
OF long" line. Before the advance
was checked December had sold up to
96iac. New York reported 1895. 900 bushels
taken there yesterday and 80 loads to-
day Primary receipts showed some
falling of and were $4,000 bushels under
those Of last year. Continental markets
ruled lower Paris wheat declined 56ilOc
and flour was off 26a3O confines. Ant
werp unchanged; No. spring wheat\was
offered Sc per bushel under the Decem-
Der price to United Kingdom ports With
out bringing response. This fact brought
the market down wltha jolt and realiz-
ing became quite free. The report of the
purchase OF 2O5O00 bushels more No.
Northern at Duluth, making about $780,
900 bushels In all destined for this mar
ket, also had weakening influence; De-
cemher was selling at 95Mc at the close.
Corn was influenced by the big falling
off in receipts and the strength OF wheat
NH F.ttNa CT No NJ Tha
cash situation was a STRENGTHENING feat
ure the demand being better. Trading
was fairly active. some investment buy
ing being reported on poor husking con-
dltlons and shorts covered freely. The
market eased Off somewhat toward the
close, with wheat receipts 275 cars. Ca
bles were hW%d higher; December
ranged from 2G9s G26lkc to 2Gc, closing Ac
higher at 96Mc,
oats were firm on n moderate amount
OF business, shorts being the principal
buyers. The strength came largely from
eympathy with other grains, fair eX-
port Inquiry existed. Receipts were post
ed at 20S cars: December ranged from
1879 to lSFsc and closed h@%c higher at
1S%01SMc.
Provisions were quiet The market
for time was strong IN sympathy with
the grain markets and ON the good cash
business. During the latter part OF the
session the feeling was easier on realizing
sales, most OF the carly advance being
lost, At the close December pork was
2lac higher at 81 77h December lard 2hc
higher at 81 25ai 27ib and December
ribs 2lGd5c higher at "a 47RdDa 50.
Estimated receipts Thursday:
Wheat li5 cars; corn 40 cars. oats 2lS
cars; hogs $4,000 head.
The leading futures ranged as follows: