The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1898-09-23

CHIcAGo-wheat to-day scored the
best advance that has occurred in some
time, December closing 1HG1%c higher
and September 1Hc higher. Strong ca
bles, higher cash. markets and heavy ex-
port engagements drove shorts to cover
and made broad, active market. Corn
was more active and strong with wheat,
closing nc higher. Oats advanced hc
with a big trade. Provisions were dull
but steady helped by grain, closing at
slight advances,
All the weakness which marked the
close yesterday In wheat market had
disappeared at the opening to-day and
was replaced by strength exceeding that
shown for several weeks. Nearly all the
features influencing the market were
distinctly in favor OF the buying side.
Liverpool was strong and higher at the
opening and continued TO advance dur
Ing the day. Paris was also higher
showing an advance OF IS confines.
Duluth and other outside markets re-
ported materially higher prices for the
cash article. Northwest receipts were at
first reported at S31 cars against 944 last
week and l.l33 year ago. These ilE-
ures were afterwards corrected 10 9Sl
cars, but the correction had apparently
no effect on prices. Opening trades for
December ranged from 6JSc to 64c COM
pared with yesterdays closing price OF
63Itc. This was about at call price and
selling against those privileges caused
the market TO hesitate for short time,
few sales being made at 6S&G63Nc.
That was the low point Of the day. The
demand from shorts which was good at
the opening, grew heavier as the session
progressed and as no great amount OF
wheat came out n steady upward move
mcnt took place which did not stop I'M
Ill 6Itc had been bid. AT these figures
holders began 10 let go more freely and
the advance was checked. Very little
recession in prices occurred. however.
as offerings were hardly sufficient to
satisfy the demand and when fresh bull
news was received later in the day the
market moved up very easily. Some
selling was caused by reports OF rains In
the winter wheat belt which were badly
needed. and receipts yesterday and to-
day Of 100000 bushels OF wheat brought
here for mixing purposes and was
expected 10 bring TO grade 100000 BUSH
els or more low grade wheat was also a
slight incentive to sell hut not enough
to affect prices much Late in the day
the market which for some time prcvl-
Gus had been rather quiet, became active
again on reports from New York that
eighty boat loads had been worked for
export, Private London cables reported
poor Russian crop prospects. Buying
orders became very heavy, after that
ofIerinRa became stlll more restricted.
Before the close the December price had
moved up to 6IIsd6iNc and that price
was bid as the closing bell rang.
Corn was steady with a somewhat
better trade Shorts were free buyers
md there was a good speculative trad
ing for the long account. The market
was influenced somewhat by wheat. Re-
celpts were moderate, SOS cars, but
heavier receipts were looked for to-
morrow. There was good eastern and
export demand Offerings from west Of
the Mississippi were extremely light.
Prices tluctuated narrowly ruling slight
ly higher all day. December ranged
from SOC TO 29sAd29Nc, closing nc high
er at 29NG29Nc
There was n large trade In oats and
prices again advanced sharply Com
mission houses who have recently been
large sellers bought heavily and cleva-
tor people and shorts were also free buy
ers. The cash demand was excellent,
London was Cd higher Receipts were