The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-06-20

CH1CAGO-Repotts Of rains in Rus
sia broke wheat He to-day, but good
support resulted In recovery OF all but
Hsc OF the decline. Eorn was but slight
ly affected. closing unchanged.
oats declined 4@SB. Provisions were
Irregular. but closed 2EGl0c higher.
The confidence OF wheat traders who
have been buying Oh the belief that the
Russian crop had seen ruined by the
drought was staggered at the opening
by cables reporting good rains IN some
parts Of the drought-strIcken districts,
! and by break OF Lad at Liverpool.
The news took cent off the price of
wheat on the curb and opening quota
lions OF the regular session showed even
more decline, September starting at
77ss677&c. compared with Saturdays
closing price of 1850. a brief recovery
to 7Sc took place under buying by scalp
ers and moderate covering by shorts,
but the decidedly bearIsh tone OF do
nestle news soon had Its effect and kept
the market in wobbly condition all
morning. the price before II o'clock
again declining to 77&c. One of the
most important factors was the enor-
nous receipts at primary western
points,. O.2. 900 bushels, against l03. 600
Minneapolis and Duluth receipts were
SAG cars. compared with 976 last week
and 81 year ago. Chicago received 81
cars. seven OF contract quality. The
weather throughout the west and north
west was reported favorable. Cash de-
mand here was rather slow,
Private adVices from Russia We're to
the effect that the reported rains came
too late for any material benefit. and
said the Roumnnian situation was still
unrelleYed. This news checked l!Tu!da-
ton. Some OF the domestic statistics
were not so bcarish rs had been antic-
ipated. the visible supply showing an
Increase OF only $4,000 bushels. The
huge primary receipts. however. kept
the market weak until late In the after
| noon.' when reports Of hot winds In
Kansas and Nebraska caused some ap-
prehension. on which September rallied
to 7Shc and closed at that point.
Corn rs whole was dull. The mar
ket opened weak with wheat and lib
eral receipts and favorable weather.
There wns Il good demand from all
sources. however, and prices soon re-
covered. Country acccptances were
liberal. There was II good export de-
mand. Receipts were 81 cars Sep
closed unchanged at 25isc.
Oats We're irregular, firm for July,
but weak and lower for September. Sep
TENDER was freely offered on the fine
weather and the weakness Of wheat.
July was influenced by the moderate
stocks and the good cash demand, and
closed NC higher. Cash business of
100000 bushels was reported here. Re
cctpts were 246 cars. September ranged
from 2l%c to 22Kc, and closed ApMc
lower Mt 22Ac.
Provisions, though rather dull, were
steady with the exception Of n few min
utcs around the opening, when lower
hog prices had some effect. There was
buying early by packers. and later In
the day local shorts covered moderate
ly. Prices advanced all around, Sep
TENDER pork closing lOc higher at S. 80:
September lard a shade higher at s. 100
l7ac. and September ribs &c higher ut
81 sly.
Estimated receipts Tuesday: Wheat,
155 cars corn. 1910 cars: oats, 1916 cars:
hogs. $4,000 head.
Cash quotations were us follows:
Flour firm.
Whcat-No. 2 spring, 75MG7GNc: No.
8 spring. 73M76hc: No. 2 red, 77sSd7sc.
Cnrn-No. ?, 35hc: No. 2 yellow, $500
35Hc.
Oats = No. 2. 2G6?7c: No. 9 white.
29Mc: No. 3 white, 2S03Oc.
Rye-No. 2. G2c. I..
Barlcy-No. ., 37hdD39c. .
Flax secd-No. l, 81 0S; N. W., 81 10.
Prime timothy seed. 81 $500 40. Clover.
contract grade, Sc 70.
Mess pork, per barrel. 81 52hclS S2's.
Lard. per 100 pounds. ST OO@5 O5.