The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-09-11

CHICAGo-The verdict in the Drey-
fus case and consequent excitement in
Paris saved wheat from decline to-
day, the market closing unchanged for
September and only shade lower for
December Domestic and European
statistics tended toward lower prices
early in the day. Corn continued to
decline and closed &c lower. Oats
declined hc for September and I'M
changed for December. Provisions clos
cd about 2ltc lower.
Wheat opened weak at a decline Of
about A44sc for December and Septem-
Der. Receipts OF wheat In the north.
west were much heavier than a week
ago and Liverpool was lower. The
general trend OF the market has been
downward for several days and this
sort of news easily put the balance Of
trading on the selling side. The SELL
ing pressure at no time was heavy. but
the demand was SO light that prices
declined steadily, weakness being es-
peciRlly marked IN the deferred futures.
The market soon got under puts, and at
that point became steady under fair
buying against those privileges, but did
NOT show signs OF any reaction until
late In the session, when the report of
the verdict in the Dreyfus case was
posted and fears Of excitement in Paris
caused some covering by shorts. The
buying, however, was only sufficient to
bring prices back to about yesterdays
closing point. The market was affected
in a bearish way by the increase OF
10000 bushels in the European visible
for August, compared with decrease
last year OF 100000 bushels. The big
Russian stocks, S,S90,0O0 bushels, also
came as a surprise to the traders. and
were responsible for some liquidation.
Elevator people continued to buy. and
this kept prices close to yesterdays
closing point. Northwest receipts were
9l6 cars, against 63s last week, and LIS
a year ago. Chicago receipts were 1873
cars, nine OF which were OF contract
grade. Total primary receipts were
/, 1s3, 900 bushels, compared with l,254'VVO
ported q fair export demand, with
about thirty loads engaged. Toward
the close the market was practically at
a standstili. BearIsh statistics were
expected Monday and with this belief.
traders were dlslncllned to do much.
December opened A9%c lower at no
7llc. 1t declined 10 7ONG7Ozsc, and
rallied to 71Hc, where II closed. Sep
TENDER sold as high as I0%G10Hc, and
closed unchanged at 7O%c.
Corn was dull and heavy. General
commission house liquidation was the
feature, and prices declined about &c
all around. The market got to both
daily and weekly puts and had some
support on that account The breaking
Of the drought and continued large
receipts were the factors. Receipts
were S55 cars. December ranged from
2SK 62skc, and closed &c lower at 2S5sc.
Oats were fairly active and irregular.
Early in the session there was mark
cd disposition TO realize by longs and
prices declined. The liquidation OF
September was especially heavy. La
ter firm feeling developed, partly on
the continued excellent cash demand
and the close was steady. Receipts
were 426 cars. December ranged from
20Mc to 2OI5c. and closed unchanged Mt
20M d20hc. September closed hc lower
at 2lMc.
Provisions stlll showed the effects Of
the yellow fever news and ruled
slightly lower all around. Liquidation
took place in all products, but the good
cash demand for meats caused some
rally late In the sessions, At the close
October pork was exc lower at IS 05:
October lard 2lzc lower at s. 27h. and
October ribs n shade lower Mt s. %.
Estimated receipts Monday:
Wheat, 100 cars; corn, $50 cars; oats,
300 cars: hogs, $4,000 head.
fhe leuuIng tutuisS fuiGrd as tolloRA: