The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-12-07

nrendstuffg md provisions.

CHICAGO-Whe0t was hrm early TO-
day, but weakened on predicted In
crease in visible. closing &c under yes.
terday. Corn declined with wheat and
on freer country offerings, closing N9
&c down. Oats closed Nc lower. Pro-
visions weakened with corn and on
profit taking. closing 2l5c lower all
around.
The decrease in the visible was stu
a bull comfort ut the opening OF the
wheat market and further cheer came
in reports Of small receipts. May, ac-
cordlngIy tackled &c onto yesterdays
closing price, opening at 6S7k @BSHc. the
continent inquired for the cereal and
vancIng to 7O@TOMc. That mark prov
I'd 10 be the climax Of its glory. The
market eased of bit on proat-taking
and later turned weak when Brad
streets report put the predicted de-
crease in the visible among the errors
Of history, aVerring that instead there
would be an increase Of 100000 BUSH
els. Recent purchasers let go In
hurry and May closed at the bottom,
&c under yesterday at 691s 9eetc.
Primary receipts were T74,I0O bushels,
compared with $4,000 u year ago. The
effect OF this decrease was largely
cOunteracted by the shipments from
the same points, 800 against 1,Oss,SOO
last year. Local receipts were only ~
cars. Is of which were OF contract
grade. Minneapolis and Duluth re-
ported 329 cars, against $40 last week
and 1900 the corresponding day last
wear. Seahoard clearances in wheat
and flour were equal to 5S6,064 bushels
New York reported ten loads taken
for export.
Corn was steady early, the strength
Of the wheat market and light receipts
being the influences. The market
weakened later, country acceptnnces of
last nights bids being somewhat freeT.
This taken with the weakness Of wheat
was sufficient to cause some liquidation
and the price lost more than double Its
early gain. Primary receipts were 1857
700 bushels, compared with $1,000 the
corresponding day last year. Local re-
ceIpts were 1856 cars. Clearances were
liberal and fair export business was
reported at the seaboard. May opened
shade higher Mt 32&c; ranged from
22k 932sSc to S2A G32Bc, closing A99sc
lower at S2%c.
oats were steady at the opening, but
eased of with wheat. There was little
life to the trade. The shipping demand
was poor, clearances were light and lo-
cal receipts only 11S cars. An increase
of 100000 bushels in the visible was
reported. May opened h@Ac better at
24hc. but sold down to 2S1c. at which
the market closed, b9hc under yester-
day,
Provisions early were strong, but the
weakness of grain and the active profit
taking turned the tide and the close was
at prices under yesterdays close. The
initial strength was due principally to
hog receipts considerably under last
years, but this advantage was Offset
later by less pressing demand from
outside and the anxiety to realize on
the late advance. Packers sold product,
traders buying on the decline. May
pork sold from 50 SPY to 80 95. closing
2Jsc under yesterday at 50 S2h; May
lard from IS an to s. 52IfG5 IS and
finished eye under at IS 47Ia, and May
Ribs from 81 21ls to 81 80, closing 2lsc
down at S. 27k.
Estimated receipts to-morrow:
Wheat, 4S cars; corn, $40 cars; oats,
1870 cars; hogs, $4,000 head,
The leading futures ranged as follows: