The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-08-26
opened. closed,
NE,H YnRR MINING sToCKe.
Brcadstufls and Provisions.

CHICAGO-Corn was the most active
market on Change to-day. Rumors OF
q squeeze in the September option
alarmed shorts and advanced the price
nc. Wheat was slow and irregular.
with trading mostly professional and
with sentiment favoring lower prices.
September closed shade lower and
December &c lower. Oats closed a enade'
higher and provisions 21lc lower to SC.
higher. Flaxseed was again IN big De-
nand and advanced about SC for cash.
Al the opening and for short time
after, wheat was Influenced by the
strength Of corn. Shorts were having q
big scramble IN that pit and their eag-
erness to get under cover had some ef-
feet on short in wheat. Longs were
out OF the market for the time being
and prices advanced for both September
and December.
December opened unchanged at 7Sgsc,
and advanced to 743745Sc, September
opened shade higher at 5lAQllbc,
and advanced to nc. The demand was
small, however, and news in general ia
voring the bears, a selling movement
set in at the advance, which was al
most entirely professional at first, but
which finally brought outside longs 10
the market and induced a good deal OF
liquidation, resulting In material de-
cline in prices all around. The market
became extremely dull and after II
O'clock prices kept within compare
lively narrow range, but with senu-
ment faVoring the selling side. Rallies
were Invariably followed by fresh at.
tacks by the bears. Both domestic anu
foreign crop news was favorable.
Shows crop summary estimated the
Weld OF Minnesota and the Dakotas at
about i75 OO0. 900 bushels spring wheat,
and other reports indicated a better
condition OF crops In the northwest
than has been stated. The Roumaninn
crop was also said to be far better
than previously reported. The cash SIT.
uation, however, continued GOOD, ana
this was a supporting factor IN the
market. The cash demand locally was
also good, Primary receipts were muen
below last years, the total being os4,VV0
bushels. compared with 100000 year
ago. Minneapolis and Duluth receipts
were 200 cars, against 212 last week,
and 61I a year ago, Chicago receipts
were elghty-elght cars, four Of con:
tract grade. Atlantic port clearanees Of
wheat and flour were placed at $4,000
bushels. The visible supply was not
expected to show much change.
A decrease Of 100000 bushels Is e1~
pected at Minneapolis and Duluth. The
market was diligently hammered by
the bears during the last hour, but
better support materlaliEed and after
September had declined to 1lac, ana
December to 73lhc, the market became
gteadier. September reacted 70 ESQ
7lXc, and December to IS9Sc. Those
were the closing prices.
There was q big trade in corn, espe-
=.
rent OF a squeeze in that option, and
Judging from the anxiety Of shorts to
cover had some foundation.
Lending commission houses were
heavy buyers. The excellent cash de-
mand and moderate receipts strength
ened the situation.
Distant futures were firm with Sep
TENDER, hut could not hold their
strength. Receipts were 5l7 cars. Sep
TENDER got over calls which Increased
the demand for a time. There was
considerable realizing late In the sess-
ion and best prices did not hold. Sep
tember ranged from SEC to S2Nc, and
closed M6hc higher at S2q32hc. De-
eember closed unchanged at 2S&9
2S%c.
oats In the main followed corn. The
covering movement In September corn
NhuHEu llhG ANhANAA ga &NfNgAAANNA
and that future was strong and higher
most Of the session. The good cash de-
uland continued, with 100000 bushels
taken for shipments. Receipts were $50
cars. September ranged from 2Ohc to
Nc and closed n shade higher at 2OH9
2lMc. December closed n shade higher
at 19hc.
Provisions were slow and practically
teaturelesE. The general news steady,
but business was too small TO cause
material changes In prices. Packers
bought spnringly OF September ribs
and lard and reported a good job
bling trade. Selling was mostly from
the outside. At the close September
pork was 2ltc lower at IS 90; September
lard unchanged at IS 22h, and Septem-
Der ribs Sc higher nj IS 20.
Estimated receipts Saturday;
Wheat. 7b cars; corn, GOO cars; oats,
$50 cars: hogs, 1900 head.
Cash quotations are rs follows.
Flour firm.
wheat-No, spring ss2G1Hci No,
red 7SA97iO-