The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-12-20
BreadstufIs and Provisions.

Ci1lCAGO-Wheat was strong all
day to-day, and closed ut an advance
OF Nc over Saturdays final price.
Strong cables, small worlds shipments,
unfavorable weather and a large cash
business kept shorts on the anxious
seat. Corn closed &c higher and oats
&c higher. Provisions are practically
unchanged
With plenty of bull news to encourage
tuying, wheat started strong, and IN
good demand. at an advance Of &g%c.
May at 6TlA967sSc. A few fair-slzed
lots were disposed of almost immedi-
ately at 67%c. The big factor was the
strength at Liverpool. That market,
considering the weakness developed in
the Chicago market Saturday, showed
a somewhat surprising degree Of firm
ness, advances ranging from I'd to sd
being recorded. Accompanying the
Liverpool quotations were reports OF
continued rains In Argentine. Later
on came estimates OF the eXportable
surplus OF the country, placing the
amount at but thirty million bushels,
and saying the quality would be poor.
General rains were also reported In the
interior wheat belt Of this country:
Worlds shipments showed marked
falling of from last week. the total be-
sharp opening advance provoked lot
OF realizing, and under this the mar
ket eastd Off TO 671sc, where the market
held for some time. About il o'clock the
market weakened on the enormous In
crease In stocks at Buffalo, which
caused complete ovelturning Of the
calculations as to the visible supply.
AS a result of Inis the visible increase
was placed at S,S2l,0OO bushels, small
decrease having been looked for a
break to 671hd67kc occurred in conse-
Qucnce, but before noon the market
had again turned strong, and remained
so for the balance OF the session. To-
ward the close the market was helped by
excellent local cash business, sales Of
go, 900 bushels, rail shipments being re-
ported. a good deal OF the early real
iEnE and short selling was caused by
the heavy Northwest receipts, l,iOS
cars, compared with 1852 cars last week
and g95 cars n year ago. Chicago re-
Celpts were FL cars, "a OF contract
grade, The saaboard reported engage
ments of IS loads. Rumors that the
visible figures we're Incorrect also helped
late in the session. May rallied to 61&
I67Tkc, and closed at 6IlaQ61&c.
wet weather was the principal Inilu-
ence In corn. The market, though not
very active, TuIeu lIlu uUu HlEHeI ult
day. Commission houses We're good
buyers; the selling was mainly by
scnlpers and against calls" The
strength of wheat and firm cables
helped. Receipts were liberal, SS5 cars.
MAY ranged from 3iMc to 3j%G3SlEc,
ard closed &c higher at 35Sc.
Oats were firm, and slightly higher,
principally in sympathy with corn:
Shorts covered in scattered way all
day, but trading rs Il whole was Hight,
There was y fair cash demand. Re-
ceiptS were 400 cars. May ranged from
2GIs G26&c to 263Sc, and closed hc higher
Hog prices and the tone OF the grain
marke, favored buyers OF provisions.
Although packers and prominent local
longs sold literally at times offerings
were well taken, and prices were main
tanned. There was good deal OF chang
4ng from January to May contracts. AZ
the Close May pork was unchanged at
50 67IL; May lard e shade higher at s. 30
and May ribs shade lower ut ~ 500
Esiimatod receipts Tuesday: Wheat,
100 cars; corn, 400 cars; oats, A5 cars;
hogs, 10000 head
Cash quotations were as follows:
wheat@No. spring CsAG65c; No. .
red 69c
! cSrn--No. .. 3i&c; No. yellow S6c,
oata--No. ., 26Ndl2Tltc; No. 2 white
.SKd29c: No. . white 2S@sSMc.