The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-09-18
BroadstnfIs and Provisions,

cHICAGo-wheat to-day was heavy
for deferred. Large receipts and poor
demand were factors in the weakness
that developed shortly after the open
ing. September had enough local sup
port to maintain n good advance, De-
cember closed &c lower and September
&c higher Corn was firm, closing hc
higher for September and &c higher for
December. Oats closed unchanged to
&c lower, and provisions unchanged to
SC higher. Trade was dull In every
thing.
An advance in quotations in Liver
pool gave wheat a firm feeling at the
opening. with prices ranging about lAc
higher all around. The strength at
Liverpool, due to the critical condition
OF affairs in the Transvaal. brought a
number Of yesterdays sellers into the
market, and buying from this source
while 1t lasted kept prices for deferred
futures well above yesterdays closing
point. The trading. however, was con-
fined almost entirely to local operators,
and when shorts had satisfied their
wants the market was allowed to drift.
For the remainder OF the short Sutur-
day session the tendency was steadily
downward. Receipts at primary points
were heavy, and this. coupled with a
poor cash demand. few of Fridays Of
fers being accepted, encouraged the
bear element. Selling pressure was
light at all times, but the buying de-
mnnd was SO slack that little llquidn-
ton sufflcled TO depress prices. In Sep
TENDER more strength was shown
There was almost nothing done, but
elevator selling was totally absent, and
the Price at all times held at n good
advance.
Weakness in the deferred futures be-
came more pronounced toward the
close, when for the first time liquida-.
ton assumed respectable proportions.
Minneapolis and Duluth receipts were
1907 cars, against 9l6 cars last week.
and LIP cars year ago. Chicago re-
celpts were 1853 cars. Il cars of contract
grade. The weeks primary receipts
were 7.9l4.OOO bushels, compared with
S,0I1, 900 bushels u year ago. Atlantic
port clearances Of wheat and flour
amounted to $4,000 bushels. worlds
shipments, 1t was estimated, would
reach G.T5O,000 bushels. Shows weekly
crop report named the total wheat crop
at about 5SO.000000 bushels, and pre-
dIcted the governments report on the
acreage would probably be revised.
This had some effect. December
opened %aIsc higher at 7lh@flAc, and
gradually declined to 70ss T70Rc, clos
ing at 70&c. September sold between
71ISDT1hc and 70&c, and closed nc
higher Mt 7lhc.
Corn In the main followed wheat
though deferred futures did not de-
velop so much weakness. There was an
active demand for September from
shorts, who found some difficulty In
covering, and the consequent sharp nd-
vance helped advance futures even
when wheat was declining. Offerings
were liberal at the advance, and best
prices did not hold. Receipts were 9Si
cars. December ranged from 2S@ic TO
2S7s 6@9c, and closed &c higher at 2S&
T2SNc. September closed &c higher ut
S2Tc. selling as high as 33c.
There was n good demand for all oats
futures early in the session. but later
the demand slackened. and prices re-
ceded. The early strength was In
sympathy with corn. Moderate reallE-
Ing marked the late session. Receipts
were 800 cars, December ranged from
2lHc TO 2t5c. and closed unchanged at
2lK T2l%c. September closed &c lower
nt 2lSsc.
Provisions were dun but steady.
Prices were little higher at the open
ing with grain markets, and kept with
IN a narrow range throughout y good
export demand for wheat was a fen-
ture At the close January pork wns
&c higher at 50 %; January lard 2h05c
higher at s. 1905 Az, and January ribs
2iLc higher at "a 9bl4 97Is. Estimated
receipts Monday: Wheat, 100 cars; corn,
1000 cars; oats. 375 cars; hogs. 10000
head -