The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-08-22
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cHICAGo-Threatened large move
ment OF Spring crop InOculated traders
In the wheat pit to-day with selling Vlr-
US and prices declined sharply. Sep
TENDER closed 114G1%c lower and De-
cember lost Sc, Corn declined Sc.
Oats are down h9Ac. Pork left OF
15c lower; lard 12isc and ribs lOgl24Ec'
Wheat traders had nothing but bear
Ish news to begin with, but the opening
prices were shade lower than were
current at last nights close. The APP
parent strength was OF short continue
ance. prices for the active futures get
ting TO &c below the highest notch OF
the opening In about ten minutes and
&c under Fridays closing rates. The
influencing factors were of both OF for
eIgn aud domestic origin. Quotations
from Liverpool were 1sd down for Sep
TENDER nndSsd for December. The tai
ian crop was estimated at from $4,000
900 ut 100 900 bus, compared with "
900 900 the previous season and the
French crop at 82O,0O00O0 bus. at least,
after allowing for some disappointment
in previous expectations, The most strilt-
ing item OF the news from domestic
sourceswnsthat Minneapolis and Duluth
received 4S5 cars against l45 the pre-
ceeding Saturday and 2tS cars the cor
responding day the year before. Chlca-
60 got l5S carloads. only Is Of which
were OF contract quality. and year ago
Sl9 cars came TO hand here. The de-
mand from the seRbeard for wheat
prompt shipment from here was less
urgent, but business could have been
done In No hard and No. red had
the grain been ready for immediate
loading, but SO particular were the buy
ers IN that respect that Mondays Load
ing was refused The Spring wheat
market was very unsettled in the car
lots crowd and much OF the days re-
ceIp,s being tOugh md damp, It was DIFF
ceIpts belnEtough and damp, Il was DIFF
respectable bid for such. Low grade
red winter was really demoraliEed.
That condition OF affairs added to the
benrIsh feeling already existing and as
the Northwestern markets were also
very weak, the futures were boldly
pressed for sale, more especially sep
tcmber, the other active future Deem
Der being comparatively steady. Sep
TENDER opened unchanged to &c higher
at G5666hc, and had n quick break to
GiSsc. It steadled for a little around
those figures. then broke to 6Sitc ana
closed at G3R lIG35c. December began
unchanged to nc up at from 621c to
62&c, dropped to G17Sc and iirmed up TO
&c sellers ut the close.
Continued fine weather, SLOW shipp-
Ing demand and the weakness In wheat
had n beurish influence on corn. The
general tone OF the market WAS easy
although December Increased IT'S lead
over September slightly aa the result
- 49, RknVN ~ "a
tI0Rs. commission houses taking the
December and selling the nearby dellv-
cry September OPENED unchanged 70
&c UP At 3Ols02OSs gradually declined
to zoe and closed at 3OSc.
Oats again demonstrated their ability
to follow corn. Trade, however, was
very light aud for this reason prices
showed only the slightest fluctuations.
September oats began UNCHANGED to &c
higher at 1890 aud sold OF to i9Sc the
closing price.
An advance In prices for live hogs at
the yards favored provisions at the
commencement Prices soon yielded
however under pressure Of offerings
from buyers on Yesterdays break who
were disposed 20 nccept what profit they
could find September pork started Zoe
higher at 81 20. sold on at IS 92M and
CIus'u NJ ~ W. september luTu uptNtil
unchanged nj 81 22ts; rose to s. 22isW
: Is and declined TO 81 10, the closing
figure. September ribs began 5M7Ac
lower nj s. IL, weakened to 81 07ia aud
firm up to s. 10 Mt the close.
Estimated receipts fdt Monday:
Wheat 2l5 cars: corn 700 cars; oats 500
cars; hogs $4,000 head.
Cash quotations were as follows:
Flour-Easy; special brands 81 90:
Minnesota sprlnE patents 81 lOai 80,
September patents 81 OO6i 10: Minneso-
sofa hard wheat BtrllEhts 50 iOq3 90
Whent-No, Q Spring 62aG6c; No 2
red zoe
Cogn-No, 3O%c
oats--No. . 2OAc: No 2 white 25is@
27I6c; No, white 23Hde6C.
Rye No. 2 i2Qi2lAc 'TH.
BaFIay--So, > sb&tSmo,