The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-19
Rrnndstutfs and ProyIsIons.

CHICAGO-An Improved export de-
mand and diminishing rates favored
reaction in wheat to-day and the mar
ket after a steady decline for over
week closed with gain OF Nc for the
December option. Corn closed un-
unchanged and oats M6Kc higher.
Provisions were stagnant, but closed
with fractional advance.
Wheat opened steady following high
err LIVERPOOL cables, notwithstanding
sharp decline here yesterday. Compar-
atIveIy light receipts and the over
sold condition Of the local market, cou-
pied with the theory that after SUCH a
season Of continuous decline, some nat
urnl reaction might reasonably be ex-
pected. encouraged sufficient buying for
the moment to add little to the OPEN
ing advance. The demand wQs limited,
however. and business finally became
SO sluggish that the market began to
sar. for lack OF support Then the bears
took hold and succeeded In wiping out
the advance and forcing a &c decline.
A report from seabonrd that house
with connections in India was buying
henyily of low grade wheat. stimulated
a buying movement. Selling pressure
grew less pronounced as the session
progressed, and the market toward the
close was strong, final figures being
the best OF the day. Small estimates
for tomorrow and heavy clearances
helped the advance. December opened
HGKc higher at 7O&670hc: advanced
TO Tic; declined to fO%c. and rose 70
7lhc ut the close. Chicago receipts IVY
cars. four of which were of contract
grade, Minneapolis and Duluth got but
6sE cars, compared with l.i65 for the
corresponding day year ago Allan
tic port clearRnces in wheat and -four
euunlled 567 900 bushels. Now York re-
ported 100000 bushels No. 2 red wheat
disposed Of for Bombay and thirty boat
loads for export to Europe. Cash de-
mand here fair.
Corn ruled dull and lower the greater
part OF the session. There was good
dcai OF liquidation encouraged by
slack spring demand, but toward the
end the irmness in wheat impaired
little animation to buying and the loss
was fully recovered. Small estimates
for tomorrow added to the buying
movement.
Receipts I26 cars December opened n
sbSdc higher Mt SOR a sOlsc; sold SPAR
lnEiy at 90kc: declined to SOhc, and
closed with buyers Mt 9O%c.
4 good cash demand. buying by ele-
vntor interests and the advance In
wheat strengthened oats. Trade was
active. Receipts were l76 cars Dc
cember opened UNCHANGED at 22hW
22Ao; declined to g2isd22Hc. and adj
vanced to 22lic at the close.
Provisions held steady on a limited
trade The absence Of LIQUIDATION.
which has depressed the market of late
was the main factor in the strength
shown. Cash demand good. january
pork closed 2ikd5c higher Mt 50 400
3 42ls: January lard and ribs a shade
higher at IS s7is and 81 92ls, respec-
lively.
ESTIMATED receipts for Thursday;
Wheat. 40 cars; corn. 800 cars; oats,
i65 cars: hogs. 10000 head.
Cash quotations were ms follows:
Flour easy.
Wheat--No. spring 6ShG7Oc; No. 3
spring 6I@8sc: No. red tic.
Corn--No. 2, Slhd3lRo; No. yellow
SiA 632c.
oa,s--No. 2, 22hc; No. white 25Iaci
No. 3 white 2iihd2i&c.
Ryc--Eo. 2, 65C.
Barley-No. ., s0lsdl6c
Flaxseed-No. !, 81 81; northwestern
81 81.