The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-03

CHICAGO-The prospect Of war be-
tween Great Britain and the Transvaal
was the predominant factor In all the
grain and provision markets to-day and
caused sharp advances in some m
stances. a big foreign demand for
American cereals was also a feature.
December wheat closed 1hc higher and
May 1lkd1Esc higher. Corn advanced
ls9&c; oats kG9sc and provisions FAC
Toe higher Hatstaf4niL =
Wheat started strong at an advance
OF ssGIko for December and &c for
May, which latter option was in con-
siderable demand throughout the sess-
ion. War in the TransvnRi was constd-
cred almost certain by English trad
ers, as was shown by sharp advance
in the Liverpool market and this fact
strongly Influenced local traders. Be-
sides this. primary receipts showed n
big falling of, and the foreign demand
for wheat was excellent. The demand
was quite general nj the opening, out
side investment buying being much IN
evidence and December opening at
73Hs d74c, soon advanced to Ti&c. TINS
price was well above call figures ana
selling against those privileges ana the
usual realizing by longs caused tenn
porary decline, December reactlng 10
nc This, however, was the only soft
spot Of the entire session. Prices were
soon back to 4kG74xc, and though the
volume Of trading fell or greatly for
time. noJfurther decline resulted. There
was apparently quiet absorption OF
all offerings by some Important inter
ests. Toward the close OF the session
the new market again became very
active and broad and prices advanced
materially a report that diplomatic
relations between England and the
TrGnsvaal had been broken OF and
martial law proclaimed in Pretoria
put u Sudden stop to selling OF any
kind. aud prices were bid up quickly.
Considerable interest was taken In the
May option. There was n good out
side demand for this future and the
difference between May and December
widened TO &c in consequence. Mime
npolIs and Duluth receipts were 1855
cars, against 1891 last week and 2,iiS
year ago. The local cash demand was
large with sales Of at least 10000 BUSH
els repOrtc' A'or export. Other big re-
shipping p,SAts reported similar con-
dltiOn. New York reported thirty-nlne
loads taken for export. The visible
supply showed n heavy Increase. 24l5.-
900 bushels. but this had little effect on
the market
St Louis was a big buyer in this
market December advanced to Ti%c
and closed at 7i3, G747sc; May ranged
from 76&C TO 71Ac and closed iEIac
higher at 77&c.
Corn was fairly active and strong.
Shorts were heavy buyers OF both De-
cember and May and both futures scor-
ed material advances. Prospects OF
war In the Trnnsvanl was n prominent
factor in the advance. The shlpElng
demand was undated, the seaboard re-
porting 1852 loads taken for export. Re
ceIpts were 9SS cars. December ranged
from 297ac to 3Ohc. and closed Mfac
higher OF 3OSG3Oisc: May closed &c
higher at 3lhc.
Oats. In common with other grain
markets, were active and higher. Pros
poets of war made shorts uneasy and
covering by that class OF -adcrs result
ed in good advances The small in-
crease in the local stocks. $4,000 bush
els. and the continued heavy cash de-
mnnd were also factors. Receipts were
3l1 ears. December ranged from 22#G
&c TO 22isT&hc. and closed LdSc
higher NJ 2aNT23hc
Provisions We're only moderately ac-
tive. PROSPECTS, Of war and small de-
liveries and the strength Of grain mar
kcts were reflected by provisions and
fn!r advances We're scored in all pro-
ducts The market was strongest near
the close and final prices were about
the best Of the day. At the close Janu-
AIRY pork was Zoe higher at 80 IS; jan
unry lard &c higher at 81 6Tis, and jan
uary ribs Sc higher nj 81 II.
Estimated receipts Tuesday:
Wheat, 2lO cars; corn. $50 cars. oats,
275 cars: hogs, $4,000 head.
Tho IcEdinE tutuIrs ranged a. fellows,