The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-07-18

CHICAGA-Decided strength In corn
prevented a decline in wheat to-day.
July wheat left of &c higher and Sep
tember. y q 1sc lower. Corn gained "a
Nc and oats declined bdkc. Pork lost
2As65c and ribs 21sc. Lard closed 2ilsc
higher.
The Increasing receipts Of the new
crop and excellent weather for harvest
ing and threshlng. together with dlsap-
pointing cables, started wheat weak.
The decline was ch csel ~ The strength
developed In corn during the first fifteen
minutes. Every time the wheat'market
attempted to start downward on It's own
account, something would happen In
corn to make It forget Its troubles and
| Join the improving fortunes OF los now
lively neighbor, September wheat had
worked down to 8Tc about thirty minutes
before the close, but Just then corn made
It's most telling advance and wheat re-
| sponded by d half cent bushel recov-
cry.
The demand for CARROTS Of cash wheat
| was slow and prices were shaded.
Chicago received 70 carloads, Of which
II were new. Minneapolis and Duluth
| together received a. cars, compared with
S75 the corresponding day OF the year be-
fore. The days clearnces OF wheat and
/ -four from Atlantic ports were eduai 10
| 100000 bushels, Beerbohms estimated
worlds shipments Of wheat and flour for
| the week 10 Europe nj 100000 bushels,
compared with 100000 bushels last
year
July opened &c higher At 73ikc; sold
| on to 73Ac; then rallied Ia 73Nr at the
/ closing figure September began MdAc
lower at 6755 d67skc, declined to 7Sc, r1ee
to 6TIsc. then reacted to SIX d67Ac bid at
the close.
Sentiment In corn was stimulated by
the continued dry weather. Prices start
| cd rather easier than At the close yes
terday and when September had de-
cllned to 33c, good deal was for sale
on stop loss orders. There were plenty
OF buyers. however around that price
and after absorbing all the offerings The
| demand was SIN unsatlsiled. There
was n reaction on realizing OF profits
| but the weakness did not last long and
WA more than recovered on Influential
buying by the bull leaders. September
started unchanged to Nc lower at S3ikm
Sssse, declined TO 297Sd3Sc, up "a 22l4@
| 33Bsc, down to 333aC, recovered 10 Hc
and settled back TO s37sG34c asked at
| the close.
Oats followed corn but did not dis
play nearly as much strength as us
leader. There was good buying carly
and September 1860 % zoe, but offerings
wer 80 liberal at this price that the mar
Ret reacted. September started Nc
higher at igNGl97sc, advanced " zoe,
reacted to 1885. then rallied to 1910 at
the cloAe.
Higher prices for hogs Mt the yards
and a fair demand started provisions
strong. The early advance was more
than lost on general selling by packers.
September pork opened 2hc higher at
$40 0Tm. declined to 80 %, then rose to
$40 90 At The close. The range In lard
and ribs was inconsequentlnl.
Estimated receipts for Monday are:
Wheat ITO cars; corn 400 cars; cats t75
cars; hogs 10000 head.
Cash quotations were as follows:
Special brands 81 90: hard pat
ents 81 5Ott 75; straights 81 iO0i 30;
bakers 81 26ds 30.
Wheat-No. 3 spring 72gS2c; No. red
75c.
S3Mc
Q white 2Gc.
Rye--No .. 4sisc.
Barlsy-.So, ., SQ@35c,
FlaxGeed-No. !, 81 02Ia.