The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-11-02
The following quotations are furnished
by Howard Hnzlett & Son; brokers. Ma
onaI Exchange bank building.
nrandstnffs and ProvisIons.

CHICAGo-Wheat dropped over a
cent to-day. Liquidation by demoraliz-
ed longs because Of unexpected weak
ness at Liverpool, caused the slump
The market ruled weak throughout and
closed with loss of 101bc for the
Decembe.. option. Corn also suffered
from liquidation and short selling and
closed sc lower. oats lost lSc and pro-
visions from SC to Toe.
Wheat made sudden drop of l4c at
the opening and continued on the down
grade throughout the entire session. AS
the little strength which characterized
the market here yesterday was In an
tIcipatlOr of higher quotations from
LIVERPOOL today as result Of severe
military reverseS TO the English army
In South Africn tn. trade became de-
mornlized when the reverse Of that ex-
pectat!on occurred. There was very
little else at the opening to encourage
selling but spectators became so bear
ish that In their eagerness to find pur-
chasers the market slumped off stendlly
and closed decidedly weak within n
fraction of the lowest point touched
during the day. A steady Increase In
local stocks. together with an excess
sively BLOW cash demand added to the
selling movement during the late trad
ing. December opened 9s1kc lower Mt
69&Gf7Oc; sold sparlngly at Zoe: declin-
ell to 69Hc, and closed with sellers Mt
6sA GG9%c. This establishes n new low
record for the December option this
year The lowest point reached pre-
vlously being G9%c.
Chicago received 1H cars, twenty
three Of which were Of graded contract.
Minneapolis and Duluth got $50 cars.
compared with S66 the corresponding
day year ngO. Total western primary
receipts were I,05O,OOO bushels, against
l.5SE.0OO bushels last year. Atlantic
port clearances of wheat and flour
equnfted $4,000 bushels.
Corn showed considerable heRVincsS,
sympathiZinE with the decline in wheat.
A slack cash demand an advance In
rail rates east and n decline in ocean
freights were also used MS arguments
for lower prices Short selling WIS tho
order Of the day, under which the
market yielded steadily until near the
cloEe when country buying started
rally. The Improvement was shOrt-liv-
ed, however. as the bulge only added
Increased vIgor to the selling movement
and the market resumed It's downward
course until the end. Receipts, ZIG cars,
December opened NC lower at 3lAc
advanced to 3l&Q3lhC; declined to ala
3lMC, and closed with sellersF at 3lhc,
Light receipts aud fair cash inquiry
counter balanced heavy commission
house selling In oats and the market.
after slight dip early held stcndy the
remainder Of the session. Receipts 1871
cars. December opened a shade lower
at 22A d227kC; declined TO 22&c. and
closed nj 22Nc.
Provisions were slow and weak. The
decline In corn, excessive receipts of
hogs and lower prices at the yards
We're the depressing Influences. Pack
ers sold freely. January pork closed Toe
lower Mt 80 G0a9 CPS; January lard 5H
7lac lower nj 81 25G5 2IlS. and january
ribs BE- lower nj 81 90.
Estimated receipts for Thursday:
Wheat, 1876 cars: corn, 800 cars; onts
200 cars hogs. $4,000 hcnd.
Total sales OF stocks were 29b.5lO shares.