The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-23
Brcadstufrs and Provisions.

CHICAGO, Dec. 22,-Corn to-day
again led the markets on change and
at the end OF an unusually active ses-
sion showed an advance OF Nc, the
ruling price being the highest for many
months. Wet weather. strong cables
and an excellent foreign demand
caused heavy buying. Wheat was In
nuenced good deal By corn, but heavy
realizing prevented any advance, the
market closing &c lower. Oats adj
vanced Mc. Provisions were very
strong and closed 5G2Oc higher.
The opening in wheat was a shade
under yesterdays closing price. May
starting at 67AQ679Sc. 1t sold almost
immediately at 67%c. Yesterdays
sharp advance caused rood deal OF
proflt-taklng, The demand both from
local traders and from the outside was
unusually good, However, and offerings
were soon absorbed. The demand cons
tinuInE good, prices advanced steadily,
May reaching 6SAc. Commission houses
were heavy buyers in llQuIdatlnE a
broadening interest in the market But
perfect food Of selling was caused
by the advance. Offerings were so
heavy that the large demand was in
sufficient to present n break and the
price fell to 6SMc almost as fast as II
had previously risen. For come time
following the decline the market show
ed considerable nervousness and prices
iluctuated rapidly. Trade in the mean
time also slackened. Before noon an
other sharp advance took place, inilu-
enced partly by the tirmness in corn
and partly by strong continental cables,
accompanied by reports OF better de-
mand In foreign markets. The adj
vance carried the May price up to 6SBc.
At that figure longs fairly tumbled
over themselves in eagerness to realize,
and the price dropped swiftly to $50
6Skc. Prices changed great deal dur
ing the latter part OF the sessIoN, but
In narrower range, and at the close
May was offered at 6SAc. Northwest
receipts were 153 ears compared with
707 fast week and 4O7 cars gear ago.
Chicago receipts were 144 cars. eight
OF contract grade. Atlantic port clear
nnces amounted to $4,000 bushels. Corn
was strong all day in spite OF heavy
realizing bg local holders. The market
was over calls and had to absorb the
selling against those privileges also,
but everything offered was snapped at.
Trading was exceedingly active from
the start. The country was heavy
buyer, taking most OF the corn offered
BIZ local bulls. Cables were strong and
higher and receipts were light, 36S cars,
Cash business was small owing 10 the
Inability Of shippers TO get cars. The
HHfaVorable weather wnB distinct
help to the market Export sales were
placed ut IS loads. May ranged from
S6gSd36Ac to S7Nd37ikc and closed Csc
higher ut S7d37%c,
oats were very quiet compared with
other markets, speculation dragging at
times. The country wns the chief seller,
local bulls doing the most buying. SYM
pathy with corn was the principal In
ilucncc, Prices were little higher
most OF the session and the market
closed firm. Receipts were 2ai cars.
The cash business was restricted by the
car famine. Mag ranged from gd& to
27Hc and closed at &c higher az ISIS.
Provisions were active and strong.
Light hog receipts ana stronger yard
prices with thc ilTmpess Of prain mar
lIctS werc the factors. The demand for