The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-08-21
Rrcndstufrs and ProvIsIons.

CHICAGO-Advances Of 1hc In Sep
TENDER corn and %6Sc in September
wheat were the features OF to-day's
trading on the board of trade, In corn
small receipts and large shipments
drove the alarmed shorts to cover; in
wheat, damaging rains In the northwest
and strong foreign markets had SINH
lar effect oats advanced AI$c for
September, and provisions closed I'M
changed to 2lsc higher.
Wheat opened strong at an improve
ment OF &c over yesterdays latest
prices. The advance had substantial
backing. Foreign markets showed
sharp advances, Liverpool abelng up
Ss6Esd, and London lEDAd. Heavy
and continued rains were reported all
over the northwest wheat fields, and
many complaints OF damage on that
score were received. The strength
shown by corn was also notable enough
to affect shorts in wheat. During the
first hour Of the short sessions trading
the market was quite active. Septem-
Der opened at 72HdT2%c and even ut
that price there was not much wheat
offered. Shorts were active bidders for
everything offered and the price got to
72Md72hc, before realizing was sutii-
Client to satisfy the demand. A short
reaction to 72iac followed. but the mar
ket quickly recovered, and in the space
OF the next half hour touched 72&c.
The market then quleted down some
what. There was q good deal OF sell
ing against weekly calls during the lat
ter part OF the session and one or two
slight reactions resulted therefore, but
the market had too much substantial
support to admit OF material de-
cline, and shortly before the close 7gFsc
was again touched.
Liberal worlds shipments were looked
for and some selling was done on the
apprehension that they would unfayor-
ably AFFECT the Liverpool market Mon
day. A decrease Of about n million
bushels In the visible was looked for.
September reacted to i2Isc, and closed
Arm at that price.
Trading in corn was marked by
great activity and strength in Septem-
her. Continued small receipts and
heavy shipments. and decreasing
stocks alarmed the large short interest
in that option md resulted In rush for
cover which advanced the price mater
tally. Deferred futures advanced lit
tie in sympathy. Receipts were POS
cars, Stocks here this week viii de-
crease about 100000 bushels Country
offerings were small September
ranged from 2lSc to S2Hc and closed
TIC higher Mt 32hc,
Oats were firm with corn September
showing the most strength. The ad-
vance was in spite OF large receipts.
sos cars. Commission houses were mod
crate buyers. and shorts covered to
some extent. The cash demand was
moderately good.
September ranged from 2OG2OAc and
closed HaMc higher at 2Okc.
Provisions were steady, but very dull
business being mostly changing over.
The cash demand for meats was fair,
and this and the strength Of grain re-
suited In n slight advance for most
commodities. There was little cover
ing Of sales mnde early In the week. AT
the close September pork was unchanE-
ed at 81 32ih: September lard 2i5c high
er at 81 rs, and September ribs shade
higher at s. 1914
Estimated receipts Monday:
Wheat, $40 cars; corn, 900 cars; oats,
COS cars; hogs, $4,000 head.
Cash quotations were as follows:
Flour-StrOng; winter patents 81 5Om
3 65; straights 50 l0a3 90; spring spe-
cinls 81 20: spring patents 81 4O@3 20;
straights 81 SOFAS TO-: bakers 81 2OT2 CO.
whcnt-No. spring 69Q12lac; No. ?
red 7Shd7ic.
Corn-No. 2. 32Hc; No. yellow 3ic.
Ohts-No. 2, 2lh62l%c: No. . white
23H d2SNc; No. white 22G23sc.
Rye-No. 2. 5Ic,
Barley-No. 2, 3O03Sc.
Fiaxseed-No. l. 81 O6: northwestern
81 O3G6i O3il.
MISUNDERSTANDING 50 IOd2 Is.
Mess Pork-Pcr barrel 81 G0GfS %.
Lnrd-Per 100 MS. s. l2iAN5 %.
short RIbs-Sides CoOse) 81 96H5 rs.
Dry sailed shoulders (boxed) $50
5Nc.
Short clear sides boxed s. 55dj 65.
whIsRey - Dlstillers' finished goods,
per gallon, 81 20