The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-10-31
Brsad.tun. ana Pro, l.lon,.

CHICAGO-An improved export de-
mand to-day and stormy weather
throughout the northwest caused re-
covery from an early decline In wheat
prices. December closed unchanged IN
lkc lower compared with yesterday 8
final figures. Corn left on shade high
err; oats advanced &c; pork gained &C,
lard 24kc and ribs unchanged.
Wheat got weak start from an APP
parent disposition at Liverpool to chime
in with the bearish sentiment prevailing
here. The firmness of English govern
ment securities also contributed by their
strength to the desire to sell wheat here
at the opening. Prices continued to drop
throughout the forenoon, despite the
considerable buying against puts that
the opening decline brought into play.
Northwest receipts were liberal, 1,4ll
cars, but n snow storm was reported to
be prevailing in the day. Dakotas which
created apprehension OF bad roads and a
consequent falling of in receipts In that
region last week. Some buying of short
wheat was done because Of that POSI-
bllIty,
The seaboard reported fair demand
for export. and New York advised sales
Of IS boatloads. Of which one cargo was
for Russia. The weeks shipments of
wheat and flour from both coasts were
equal to 7.55O.1OO bushels, compared with
4. Sfi, 600 bushels the similar week Of last
year. The days clearances from Allan
tic ports were equal in wheat and flour to
$4,000 bushels. Near the end large
line Of cash wheat was disposed Of here
for export to the United Kingdom right
at the market price. When that became
known the sentiment among traders
quickly changed. In the endeavor TO
cover the price forged ahead and the
early loss was all recovered. December
opened &c lower at 66A666c, advanced
10 6eAc, declined to 65&c, rallied to 66Mc,
declined to 65&c, rallied TO 66hdGGRc
and closed at 66iSc buyers,
Fine weather and lower cables weak
ened corn at the start, Moderate selling
was brought about through these feat
ures and In the face OF a very limited
demand the offerings easily depressed
prices. Later, however, the market be-
came strong on good cash business,
and reports from the country that the
weather was threatening return Of
conditions unfaVorable to the curing OF
corn. Near the close the buying became
more pronounced and prices wound up
at slight advance. December began
&c down at $50 a2Nc, declined to Sl%c
recovered to 32%032lhe and closed at
S2hc buyers.
Oats derived their strength from the
flrmness IN the shipping situation. Cash
held Mt strong premium over May and
ther was fair speculative trade In fu-
lures. Receipts we're 2O6 ears. May
started a shade lower ut 24iGd24iSc, sold
mt 24Nc, then advanced TO 2l5sc. the clos
Ing price.
Provisions ruled fairly steady on a
light speculative trade and liberal hoG
receipts. It was reported that 2,6O0,0O0
lbs " ribs were disposed OF yesterday on
october contracts, but contrary to eXpec-
tation this announcement did not have
much influence on the market January
pork opened 2kc UP at 80 90. rose to
50 02is declined TO S. 9j, then recovered
10 50 02is, the closing price.
The range In lard and ribs was small
Estimated receipts Monday:
Wheat 3Ih cars; corn 3l4 cars; oats 2l4
cars; hogs $4,000 head.
Cash quotations were rs follows:
Flour-Special brands 81 1904 30; hard
patents 81 5OG3 Ti: September, patents
50 A0d5 20; hard straights 50 1908 20;
bakers 81 4O6f2 co.
Whcnt-No. 2, 65lST66hc; No. . spring
G3GG5lac; No. . red 67dG7isc,