The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-11-22
nr..h,tufTs and Prori.lnn..

CHICAGO - A declining tendency
due principally to lack OF speculative
activity, characterized business in all
the grain and provision pits to-day. At
the close wheat showed declines OF &c
in December, and sc in May. Corn
declined A6%c: oats &c for December
and A@$c for May. Provisions declined
5@1Oc.
Wheat opened dull and nc lower on
account OF Liverpool dropping the lar
ger part OF yesterdays sudden and ex-
travagant bulge. 1t continued dull ex-
cept for about fifteen minutes in the
middle OF the session, when the dull
feature of the market was seized upon
as n sufficient sign that a bear raid
might be successful: and II was to a
moderate extent. The Minneapolis
and Duluth receipts were 1912 cars,
against 1880 the preceding Saturday,
and 1856 the corresponding day n year
ago. Chicago had 1873 cars, against 13l
a week ago, and 10 cars last year. The
weeks c%learances OF wheat and flour
to Europe from both coasts Of the
United States and Canada were. with
one exception the heaviest on record,
They amounted to GG53.79 bushels,
against 5,445. 900 bushela the week be-
fore and 3,937,0OO bushels on the like
week of the previous year. Argentina
did not ship any grain to Europe this
week, but a cablegram from Liverpool
Corn Trade News, stating that Argen-
tina was offering a new crop wheat for
March shipment at thlrty-three shill-
lngs n quarter or ninety-nlne cents
per bushel was one Of the most bear
lsh features In the news Of the day. II
was also very generally believed that
yesterdays spectacular advance at Liv-
erpool was due to buying orders from
Chicago.
Continental markets were steady TO
firm. Antwerp quotations unchanged,
and Paris 90 centlmes higher for near
and 10 centlmes up for late deliveries.
Export c~learances for the day from
Atlantic ports were $4,000 bushels.
Some export business was reported as
having been done from here: $50, 900
bushels was the quantity, and It was
said n similar quantity was disposed OF
for export at Duluth, The probability
Ia that only one 10000 bushel lot was
sold. New York reported eight boat
loads sold for shipment there,
May wheat opened at from 90kc to
00Gc, sold up to 9OSc bid, down near
the close to 0OtSo and rested at 0OM0
SOKc.
Corn was weak, with the spread be-
tween December and May wldened TO
3lMG3isc. There were very heavy SELL
lngs Of May. ono firm dlsposlng OF ut
least 100000 bushels Elevator people
we're on the selling side, December 8uf-
fered the most from the days liquldn-
ton, that option declining NC, while
May lost Nc. The weeks clcarances
were 3,2O9,OO bushels. Receipts were
800 cars. May ranged from 20Hc TO 29hc
and closed at OisW2o&c.
Oats were weak, with n very moder-
ate volume Of trading. Prices declined
under selling BY elevator people, The
bull crowd which has been 20 much In
evidence all week, gave the market no
support to-day, Receipts were 3Si cars,
May ranged from 22ihc to 22c, closing
h@Nc lower ut 22@22Mc December oats
M was the case In corn, caught the
most liquidation and closed Nc lower,
Provisions were heavy Closing prlcca
were thc lowest Of the day ana for Ribs
not far from tho bottom prices OF the
scnaon There was some selling through
brokers credited to packers, the Eng
llsh p%nclters In particular Lnruc hog
estimates for next week affected tho
market somewhat. DullncRs was the
feature AZ the close January pork
was 7itmiOc lower Mt 81 nv, january
lard 6I7iSc lower, ut 81 22ia and Inni-
ary ribs 80 lower ut 81 90 Estimated re-
cclpts for Monday!
Wheat iQO pnrgi corn liS cnru, onIa
$50 cars, hogs 10000 head.
Cash quotations were 40 follows!
Flour-stcndy winter patents 81 SO0
& 90, etrnlghts 81 3OGA CO., Bptlng pat
onts 81 90, gprlnR pntontR "a 3O@b 90;
bakcrs' 80 6Od0 10,
whcnt-No . pprinE SSia dSDmc, No. o
spring MdSsc, No 2 rcd ObMdO1Mc,
Corn-No, 2, 26Mc; No 2 yellow 2OM0
2GMC.
Onlp-No, 2, 22o! No. 2 white 2sN0
2iho, No . white + o. b., 23dgio,
Rye-No p iOHGI7c.