The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-08-02

CHIcAGo-A decrease In the visible
supply to-day together with a rally in
corn, strengthened wheat. September
closed &c higher and December rose
&c. September corn advanced &c.
Oats left or hc better. Pork is I'M
changed; lard lost 2Ia05c. and ribs are
PIC lower. Wheat was depressed in
the first part>of the session by the fine
progress being made with the cutting
OF the spring wheat. and the commence
ment already Of Deliveries from the
new crop. Minneapolis received 9 cars
OF new spring wheat and there were
about Is carloads offered and sold in
the sample market here, The visible
supply decreased $4,000 bushels COM
pared with an increase Of 1,7S2,OOO bush
els the corresponding week last year.
Primary market receipts were still much
below those at the similar period Of last
year. Shorts grew nervous when this
became known and covered freely 1t
took a strong corn market, however, to
lnfuse O little more buying spirit in
the wheat crowd, and getting that about
an hour from the close, September,
which had sold as low us 63sSc recovered
to 64Ac about fifteen minutes from the
end. Chicago received 1855 cars against
2iS cars last year. Minneapolis and Du-
iuth got 2l1 cars adj bur one car OF
which was received at Minneapolis. The
Atlantic port clearanccs OF wheat and
flour were 100000 bushels September
opened hGAc higher at Gihd64&c; rose
10 Gtjsc. sold Off TO 63Sc, then recovered
TO GlM q 64lac asked at the close. De-
cembep began sc UP at 64N 96Ilzc, firm
ed up to 64I5c, declined TO G3&G63fsc,
then advanced to 6iG64lic, the closing
figures.
Continuance OF rains throughout the
west, where drought had been feared,
started corn easy. The bullish ardor
suffered in consequence and short SELL
ers were emboldened 10 increase their
lines. The pit was well ilied with Of
feFings. and this, in addition "a q rather
tame demand, early forced prices on.
Near the close OF the session the decline
was more than recovered on influential
buying by bulls under the conviction
that the rains had come too la:g TO rem
edy the damage already done. Septem-
Der began h@kc down NJ 31h@SSac,
declined TO 32FS Ga2&c then tlrrned up to
sSIhc asked at the close.
unfavorRbie crop reports, accom-
panied with buying orders from tue
country caused the hrmntss In oats.
Early the market was sold of by profess
SIGNALS, but later the decline WAS more
thnn recovered. September. opeutd ~
higher NJ 2O7Sc. rose TO 20hd2lc, declined
to 9O%c. then recovered 10 2lssc.
Prlvsions started easy on selling. by
packers and ruled duA nearly all day.
Toward the end OF the session prices re-
covered with the closing rally In corn.
September pork started 2kQJc lower at
50 S5I9 371a, up to 81 40; dechnedto ~ 10,
then rallied to 50 as, the closing figure.
The range In lard and ribs was inconse-
quential. Estimated receipts for to-
morrow: - Wheat. 235 cars: corn. 900
cars: oats AG5 cars: hogs, 10000 head.
Cash quotations were as follows:
Flour slow.
whea,-No, 3 spring 6S075c; No. ? red
corR-eNo. 2ssgasHo; No, 2 yellow aaN
oats-No. 2 gle; No. white AIsa25c;
No. 2 white 26m27c.
Hyr.--Su 2 1914 br40ac.
Baficy-NO 3ed35c.
FlaNsced- / sec.
Timothy secdl-Pi1me 81 5TiA
Mess POrk-rc bhl, 90 i0m0 AZ.
Lard--Per 100 lbs. s. 37isH5 ".
Short Rlbs-Sldcs Ooosc) s. 3O65 6b:
dry salted shoulders (hoNcdl iAmic;
short clear sides Cboxcd) S. 75G6 20.
SugarS- unchanged. ..