The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-05

CHIcAGo-Delay in the expected
outbreak Of hostiIitles in the Transvnal
aattened the wheat market badly to-
dny and was mainly responsible for the
decline Of %a1c, which marked the
close. Falling on in the export de-
mand was also feature. Coarse grains
were affected somewhat by high ocean
freight, corn closing h9Sc lover ana
oats AG$c lower oys.,
Provisions declined about 2hqbc.
Weakness marked the opening In
wheat, There was a sharp drop In the
7 Iyerpool market, consols were up = OF
4 point. while the delay in the expected
outbreak Of hostilitIes between the
british and the Beers which has been
the main bull factor in this market Tor
several days, was taken to Indicate
that a peaceful settlement was not alto
rether Improbable. This resulted In
very appreclable dlminuition OF the out
aide demand and also shook out con-
adorable long wheat which had beeh
bought on prospects Of war. December
opened at 73ssT73lsc, decline lo5se
from Yesterdays closing price. rms
was well Into put price and considera0le
buying against those privileges result
ed. This and certain amount OF Ouy
ing by scalpers constituted ABOUT al
the support the market received anu
though il was heavy enough at first TO
cause n reaction in the December price
10 73&c. the market became very heavy
as soon as the demand from that source
had been satisfied and prices declined
slowly but steadily. There was some
selling in this market by senboard OPP
orators, Indicating let up IN the lor
eIgn demand for American wheat ana
this Increased the heaviness. The mar
ket was at Its weakest toward the
close, more on account of lack OF de-
mand than for selling pressure, as
shorts were apparently adverse TO
pushing their advantage IN the face OF
SO sudden and material decline. Mln-
nenpOlls and Duluth receipts Were S-o
cars, against 100 last week and INV q
year ago. Chicago receipts were Isl
cars. five of which were OF contract
grade. Total primary receipts were
i 81 900 bushels. compared with l'9lb'-
6OO bushels year ago. Atlantic port
clearauces Of wheat and flour amount
ed to $4,000 bushels The se1bohrd
reported thIrty-five loads taken for eN-
port. December declined to 73c and
closed weak at 73ikc Not much was
done In May. II followed December In
the decline and closed Sa1c lower at
7GG76iSc.
Corn was dull and rather weak and
prices ruled slightly lower There was
some sympathy with wheat The ad-
vance In ocean freight rates We're eN-
pccted to initiate against export bust
uess and had Its effect upon the specu-
latiOn market. Receipts were light 6SO
cars. and reports Of diminishing sup
plies in the country served to support
the market to'somc extent. December
ranged from soc to Sole and closed &c
lower at 3Od3O&c. May was sold freely
nv recent purchasers md was weaker
than December. II ranged from Sic to
3l7sc aud closed h03sc lower at $40
3iikc.
Oats were slow and weak The nd-
vance In ocean freight rates affecting
the cash business and sympathy with
other grain market was the factors ana
prices ruled lower from the start. There
was considerable profit taking by re.
cent purchasers. Receipts were 2lA
cars. December ranged from 227hc L"
22T23Mc, and closed ,Ic lower at 22sp
PC. Elevator interests in general were
sellers.
Provisions were slow and heavy with
In narrow limits. The hog market was
WlHlh INV NItlN NtAH SNlllf ~ llfNhf'F
with the grain weakness Packers
were moderate sellers all day. About
the only support the market received
WIS from shorts. At the close January
pork was 2iAc lower at 50 az; January
lard &c lower nj 81 57iaGf5 Co; january
Ribs n shade lower ut St O7IsGj 10.
Estimated receipts for Thursday;
Wheat. IFS cars, corn, $50 cars; oats
$50 cars hogs. $4,000 head.
Cash quotations were as follows:
Flour firm.
whcat-No, s spring 67G7lc; No. rcd
725sc.
Corn-No, ?, SlHdai%c; No. yellow
3i4H3lMc,
Oats-No. ., 22R T23Nc; No. 2 white
2bT25bc No, 3 white a9d2j&c
Ryc-No .. sac.
Enrlcy-No. 2, 37lAQi5c.
Fnxsccd-No. I, 81 1915; northwestern
81 IL.
Timothyaced--Prime 81 75ff2 IS,
Mess Pork-Per barrel 81 7OGS 10.