The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-15
fourth assessment paid.
Rrcndstnfrs and ProvIsIone

CHICAGO, Dec. 14.-Wheat, corn and
oats all suffered to-day from the inabIl-
lty of shippers to procure cars for the
movement OF grain. All three cereals
closed lsGHc lower. Provisions declined
2HG5c.
AT the opening and until after the
noon hour wheat showed a good deal Of
flrmness. Opening &c higher at $3.50
G6Kc, with one or TWO small sales at b6
6Gske, May advanced under good gem
eral buying to G69sd66hc. Here reallz-
Ing and some selling against calls re-
suited in reaction 10 66h@66Ac, but,
about two hours from the opening buy
ing became very good again, and May
was again hoistCd to 66Sc Early cablte
from Liverpool were somewhat dIsap-
pointing. but Northwest markets were
strong and Minneapolis and Duluth re-
ceipts continued to dwindle, the total At
those two points to-day being put o. put
ZIG cars, compared with 1900 last week
and 472 year ago. Chicago receipts
were IA cars, q OF contract grade, The
reduction In the Northwes. receipts was
the feature OF the mornings trading.
Shorts at times were very good buyers.
while longs increased In their lines and
prominent outside traders were in the
market for wheat. The total primary
receipts were large. l,2I0,0OO bushes,
Clearances were S6S,OOO bushels. large
enough to be bull factor. ono decided
~ unfavorable feature was the inability
Of shippers to procure cars from the rail-
why's for new business. 1t interfered al
most entirely with business from this
point. After noon the market became
weak The positive statement was made
that Russia was offering wheat more
freely and that Russian port stocks OF
unsold wheat were much larger than eN-
pected This and the breaking OF the
drought In California brought large
quantities OF long wheat onto the mar
ket and sent prices down rapidly. Near
the end Of the session. Liverpool re-
ported serious damage to the Argentines
wheat crop, but this had 10 effect In
staying the liquidation and the market
was weak to the close. May declined to
65N66j%o, and closed at G5Ac,
Corn was rather dull, The market
early WAS helped by the wheat strength
aud higher cables. AS In wheat the
shortage OF cars for chipping business
seriously interfercd with cash trading
and this IN turn depressed the fpecula-
tive market The late weakness OF
wheat aisn had an untavorable effect.
considerable corn bought early bCing put
back ON the market. Receipts We're 352
cars. Clearnnces were small, iS2,00O
bushels. May ranged from Si4Mai5sc
20 3i5.c and closed &c lower az Sire.
There was not enough trade In oats TO
make an independent market and prices
followed corn. Receipts were 2ii cars.
May ranged from 26E0gG%c 70 26%c and
closed Mdhc lower NJ 25H02Ghc.
Provisions were active aud quite irFeg-
ular. The mdrlse. opened weak and
lower, due to another heavy run OF hogs,
but good local and outside support soon
catiscd prices TO score n good advance.
Packers were nberai sellers throughout
and when the carly Demand had been
sitisaed The marNct los, all It's strength
and prices slowly declined again. The
Close was rather heavy, May pork 2hc
lower at 50 GA; May lard 2h@Jc lower