The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-24

CHICAGO - PROV tons to-day as
sumed the leadef1Aip q speculative
markets on change. Advances ranging
from 1Oc to soc were scored In hog pro-
ducts, With trading lhl most active In
weeks. The dispn tlon Was strong IN
al markets TO steer clear Of the short
side over the holiday season. Wheat ad-
Eaaced sc; corn re ana oats y
@asC.
For half an hour following the open-
Ing IN wheat trading wa 10 slow as TO
suEgest an abandonment Of specula-
tiO7 by the principal ifalers pending
the holiday season News at first
rather favored sellers ana this. coup
led with the natural ilclil ton to even.
uD sales over tho holid1yp, caused u
rather easy feeling QDchlhg trades in
May ranged from ~ 20 6S&c, and
before any support o. 90 equerlce was
given the market had 4 clined to 6i&6
675sc. Gables weye ind| licnt, foreign
markets showing little change either
way. Northwest fccelp We're fairly
liberal. Minneapolis ana Duluth re-
porting 7S6 cars. compared With 9i5
cars last week and 10l ears year ago.
Chicago receipts were $50 cars, two Of
contract grade. More favorable wealth.
err was reported IN Argentina, and
weather copdltlonsin the United States
We're also better. During the decline
liquidation By local bulls was proml-
nent. Moderate covering by shorts Mt
the decline soon caused O reaction In
May to 6Sd6S1sc, where the price hung
for a time. But before n o'clock the
market had grown strong on evidences
OF a revival OF the foreign demand for
American wheat ana before noon the
trading was broad and general The
seabOard reported sales for export ag-
advices also told Of the loading OF
wheat there and at Galveston for
Spain. Sicily and Trieste, TO ports that
usually draw from Russia. Liverpool
reported Russian wheat dearer, and
said that the Argentine harvest would
be very large later, Atlantic port
clearances amounted 10 a25, 600 bushels,
AS prices advanced the buying demand
became very heavy. shorts covering.
and sellers OF weekly calls buying free
ly to protect those privileges. The dis
position to get New York away from
the short side OF the market pending
the three days holiday was pronounced,
and at times offerings were almost al
together lacking. May finally rose to
69c, and closed at 6S5bc sellers.
n BuIA BubllANbh NAAA ANAAN AA WI AAa
Early the market was easy with wheat,
and on the improved weather west,
which caused some liquidation by
longs. Prospects Of increased stocks
was also a factor. Offerings, however,
were readily taken, and under strong
cables. good export demand and the
strength developed by wheat, the mar
ket rallied easily, and remained strong
to the close. Leading bull interests
were buyers on the rally. Receipts
were 1886 cars, May ranged from S6ssc
to size, and closed %@Ac higher at
size.
The market for oats was firm, with
out much Independent feature. There
was little yielding early with corn, ana
the bright weather, but when corn I'd
vanced oats followed at once. EleVa-
tor interests sold moderately. Shippers
were more bullish on account of lack
Of Russian offerings. The cash demand
was good, and samples were higher:
Receipts were 300 cars. May ranged
from 267S627c to 27lSc, and closed Ap
&c higher at 27k121lSc.
Provisions were very active and
showed more strength than for weeks
past. Hog receipts were light and yard
prices higher. This caused good buying
at the start. and as the session adj
vanCed trading became broad and gem
ernl. outsiders ana prominent local
traders buying heavily. Small esti-
mates for next week helped the bull
sentiment. The market was strong to
the close. May pork opened 27l5QSOc
higher ut 81 90; May lard lOc higher at
S. 52Ia; May ribs l5c higher at s. %.
Estimated receipts saturday:
Wheat, IS cars; corn. 800 cars; oats,
q7S oars. hogs is 600 head.
Tho leading futures raI8ed as follows'