The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-12

CHfCAGO-War news primarily and
enormous export engagements incident
ally made wheat a strong market to-
day and resulted in an advance of IA
&c in the leading futures. Corn was
even stronger, advancing lie for Decem-
Der and &c for May, wheat Influences
and heavy export engagements prevail
ing. Oats closed M9isc higher. Pro-
visions were heavy and closed with
slight declines for lard and ribs, but
unchanged for pork.
With an advance at Liverpool of lBd
as an incentive to buying, wheat
started strong and at an advance OF
nc, December opening at i28HI2Ac.
Previous to the opening word was re-
ceIved that war had actually been de-
clared between England and the
Transvaal. The situation increased
the volume OF tEading to n marked de-
gree. The opening advance was SUN
Client to induce a good deal OF short
selling and n slight reaction followed
December ultimately casing on TO
72kc. The market before noon became
quite dull and heavy. short selling and
realizing being encouraged by loss OF
u good part Of the advance at Liverpool
but the December price did not get be-
low I2kc, and for the greater part OF
the time was at 72Sc. During the nf-
ternoon the market again became
strong and decidedly active on reports
OF big seaboard engagements and an
excellent cash demand at outside points,
though It was duh here. The export
engagements were put at 40 loads. Corn
developed great strength and this also
Influenced wheat. Professional ira
ders who had sold during the early part
- -.
could, and this and heavy buying for
the long account sent prices upward In
a hurry, Top prices were made near
the close, December reaching 73c, and
closing at that price, an advance OF AZ
&c. Primary receipts were large
though smaller than u year ago. Ihe
total was placed at $l,25S,000 bushels.
against 1877, 900 bushels last year. Min
neapolis and Duluth receipts were $40
cars, compared with 926 last week ana
l,lS5 u year ago. Chicago receipts were
23l cars. three OF contract grade. Sea-
board clearnnces were placed at 44O,OOO
bushels. The worlds visible Increase
was placed at 5.022,00O bushels.
Corn was active and strong. with
shippers big buyers. The market, after
firm opening showed some tendency
to follow the wheat decline, but later re-
ports OF enormous export engagements
became firm again and advanced shlrp-
Is. Shorts covered freely I'm both De-
cember and May Export engage
ments were reported ut l7O loads. Ca
bles were firm and higher. Receipts
were SIC cars, December ranged from
38Nc to 3iS9SiSIe and closed ic higher
at 3l&c,
Oats were rather quiet but steady.
Influenced mainly by corn. OnernBS
were light and the demand good ana
prices ruled higher all day. Receipts
800 cars. The benrlsh government crop
report had no influence. December
ranged from 22kc TO 23hC and closed
&c higher at 23hc.
Provisions were DUN and for that rca-
son rather easy. There was fair In
vestmont demand. but packers sold
enough January product 10 ncutraliZe
Its effcrt. Liverpool prices were lower
and this had some influence. The mar
ket was helped some late In the day by
the advance In corn. At the close
January pork was unchanged at 50 ~;
January lard 2ihd6c lower nj 81 52la;
and January Ribs 2i4c lwner at 81 o.
Estimated receipts Thursday; Wheat
iI5 cars. corn iS5 cars; oats 2lj cars;
hogs $1,000 head.
Cash quotations were as follows;
Flour steady,
'' eSrn@No. ? si&GssHc; No. yellow
oats-No. 2 2gRa 23c; No. 2 white
25iac: No. . white 2ilsQ25Hc.
Rye-No. 2 b7lEc.
Barley-No. 2 3s045c'