The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-12

cuICAGo-Wheat to-day ruled firm,
and closed at an advance OF sc tor May
and nc for December. The continued
shIpping Of all rail wheat delivered on
December contracts and evidence OF a
decrease of farmers deliveries in the
Northwest made shorts uneasy, and
causesd a more active demand. Corn
and oats were firm, without any note
worthy change In prices. PROVISIONS
were strong, and advanced I1s0lz45c.
The opening in wheat was parey
Yesterdays closing prices. Crop re-
norts from Argentine were again unta-
vorable. advices from there stating that
wheat was being damaged by rains, Dut
this was Offset in n measure by the ac-
lion OF the Liverpool market, whlch
showed closing decline OF ABOUT &C
me weakness OF the foreign market
was rather unexpected, and held buy
ing In check for n time. Besides the LiV-
erpool decline, bears had 10 comfort
them a very favorable state crop re-
port and very limited export demand
at the seaboard. AdViceS from the
Northwest, however. were pracllcdIIy
unanimous in claiming that farmers
deliveries In that section were sure 10
fall on sharply next week. That there
was some ground for the claims was
shown by Minneapolis and Duluth re-
portinC 9S4 cars to-day, compared with
i 439 cars last week and 6SS cars q year
nro. Chicago receipts were 1875 cars,
eight Of contract grade. Shorts grew
FESTIVE. and covered extensively. Oner-
ings were limited, and q good deal OF
difficulty was experienced IN covering
large lines, the result being quite a
sharp advance in prices during the nrsl
hours trading. December showed the
most strength. The demand for Decem-
berwhcat was very good from the start,
confirmation of the reports that con-
tract wheat was being shipped out all
rnll almost as fast as delivered, reveal
ing a situation that was not at all to the
liking of shorts. Later In the day re-
DOrts ms to the Argentine crop were
contradicted, but any effect this might
have had was Offset by reports from
California, telling OF high winds and
dry weather. neCeSsltating lot OF re-
planting. outside markets were all
strong, and this also helped to main
tain prices, which, however, did not
need much outside assistance. Toward
the close there was a good deal Of real
izing. mostly from local traders, and
the market eased of somewhat, but
showed steadiness at the close. May
opened a shade higher at G5Ac, advanc-
ed to 65Sc and declined to 65lsc, where
Corn was dull but firm. The visible
decrease was small, only 100000 bushels
cables were unchanged and country ad-
vices suggested n frser movement but
the wheat strength served to sustain
prices. The cash demand was restrlct-
ed By the inability to procure cars. Re
ceipts were 1914 cars. May ranged from
oqS E7qQAc IN 2AC and closed &c higher
at 3S7c.
In the main oats followed wheat and
corn, and for most of the session ruled
firm and higher on q decidedly small
volume OF business. Trading was al
most altogether Of q scalping nature.
The market eased Off somewhat on
Mondays rather liberal estimates aud
the favorable shipping weather. Re-
ceipts were G4T cars. May ranged from
2j7sc to 26Isc, and closed shade higher
at 2j7kG26c.
There was n good trade In provisions
and prices from the start were higher.
mo conditions were practically the
same as for several days past, Hog re-
ceipts were liberal: but packers sold re-
| luctantly, and buyers, or which there
were plenty, had some difficulty In I'LL
| ing their contracts The weeks ship
ncnts Of meats were liberal, encourage
ing buyers. There was also some cover
ing By shorts. who did not like the
| strcngth If grain. At the close May
pork was l2iAc HIGHER ri 50 rs; May lard
| 7Isc higher Mt S. So. and May RIBS
7bd1Oc higher at 81 S0Glt S2R,
Estimated receipts Monday: Wheat,
$40 cars: corn. 725 cars; oats, ii5 cars;
hogs, 10000 head
The leading futures RANGED as follows: