The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-09-02


Nebraska strengthened corn to-day.
That aroused the sympathles Of traders
in wheat and was the principal reason
for an advance Of S@tsc. At the close
december corn showed an advance OF
H6Mc. Oats are unchanged to nc
higher. Pork advanced nc, lard 21Ec
and Ribs 597lsc.
A rather urgent demand from shorts
lust at the opening, owing to continued
rot weather and lighter receipts than
expected, advanced the price OF corn
&c over the close yesterday on the In
itial transactions. The condition OF the
crop in Nebraska. however, appeared TO
be the chief consideration with traders,
Kansas corn was in as bad or worse
condition than that in Nebraska, but
the trade here had already accepted che
DAMAGE reports from Kansas and did
some buying because OF them during
the last short bull campaign. It needed
another big corn state to be heard
from dlscouraglngly as TO Its crop
prospects to thoroughly stir up the
bulls. Nebraska's great dlsappoint-
ment as compared with her early pros
poets for a big crop came OPPORTUNITY
and the chief incentive to the buying.
The market had no decided setback ex-
cept Immediately following the opening
bulge, and again after December had
risen &c above the previous days clos
ing price, whence 1t had nc reaction.
SiIkc; declined to 3Olkd30Sc, improved
to 3lHc, then reacted to 3l1Slbc at
the close.
Chicago received 1888 cars Of wheat,
against 22O as expected. The weather
was hot and considered unfavorable for
corn and that article was strong at the
commencement Of the session. There
was a general feeling OF confidence eX-
pressed on the curb that under present
circumstances December wheat was low
enough. In consequence, the opening
trades were at about &c Improvement
over closing prices OF last night No
wheat had been rendered on September
contracts before the opening. This fact
helped in the formation of the slightly
bullIsh tone with which trading started.
on the other hand Liverpool came hg
&c lower, while Minneapolis and Du-
luth receipts were 672 cars, compared
with 3li the corresponding day year
ago. Corn soon began to drop few
siXteenths OF Its early advance, and
that, with the decline nt Liverpool and
heavy northwestern receipts had TO re-
celve the consideration 1t was entitled
10 at the hands OF the wheat specula-
tors. As a result the small advance at
the start was lost Business was small
and the heat was too oppressive for
anyone 10 mix himself in the swelterins
crowd who did not have an order very
close to the market. During the last
part of the session corn grew strong
again and wheat responded sympathet-
ically.
The aggregate OF the days primary
western market receipts was l.026.OOO
bushels, against $4,000 bushels year
ago, and It now appears as II the move
ment for the present season having
ut length caught up on that OF the year
before was getting In shape to beat IT,
The export clearances from Atlantic
and Gulf ports were equal IN wheat and
-four to 100000 bushels, September
opened kdd&c up at SIC and after de-
cllning to G3Sc. advanced 10 6ikaG4Sc
at the close. December started MI5c
higher at 6lTsG62lkc. sold down to 6lh@
6lRc then firmed up to 62hc and clos
ed at 62MG 62kc sellers.
Oats we're easy early. but toward the
close the strength displayed By corn
was felt and the market closed steady.
The principal part OF the business
done was changing from September to
December. December opened unchnng-
ed ut 1910. up to zoe, weakened to l9&Q
1910 md closed at l9ik02oc.
Provisions were depressed ut the start
from the knowledge that about 1900
tIerces OF lard had been delivered on
September contracts before the session
opened The opening declines brought
forth buyers who absorbed all that was
for sale at the moderate concessions
made when trading first started, but
the quantities purChasahle on these
enrly terms proved to be liqht, and
more being wanted. yesterdays prices
were soon re-estnblised and something
added December pork opened 2ia down
at IS so; rose to IS 0OGS 92E and react
ed to IS 90 buyers Mt the close. Deem
Der lard started 2ikc lower al s. u;
weakened to s. 10; then improved TO
s. I'M, tho closing price. October ribs
began 2hdbc on at IS 2Ih and udyanc-
ed 20 IS S7Ih, the resting figure.
Estimated receipts for tomorrow:
Wheat, 100 cars; corn. $50 cara; oats,
$40 cars; hogs, 10000 hcnd.
Cash quotations were as follows:
Flour easy.
Wheat-No 2 spring G3dGic; No, ,
spring G3G6ic; No . red G7d6Sc
Corn-No. 2, 3OAa3lc; No yellow
3lAGa1bc
0ats-No. 2, 2ONc; No. white 2SG
2lc; No. 3 white 22]kd23hc.
Rye-No. 2, 42NGf43pc.
Bhrleg-NO. 2. SSQASc.
Flaxsoed-No. !. IdS7hc; N. W. 90c,
Timothyseed- Prime 81 b2H.
Mess Pork--Per barrel s. S0ds s..
I.ard-PeT 100 lbs, IS O2lsG5 %.