The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-09-04
Rrondstufrs and ProvIsIons.

cHICAGo-Corn was again the big
market on the board of trade to-day
Fears of damage from the long-contln-
ued hot, dry weather drove September
shorts to cover and advanced the price
OF that commodity sc. Other futures
closed unchanged. Wheat was weak
for deferred futures on expectations OF
large receipts next week. Oats closed
unchanged to &c higher, and provis-
ions generally closed trifie higher.
The tendency Of wheat at the open
ing was slightly downward. Foreign
markets were inclined toward lower
level and northwest receipts were much
more liberal than week ago. Mlune-
apolis in addition wired that receipts by
Tuesday, the next session on change.
would probably reach 1000, which
added materially to the benrishness of
the situation, though It did not have
any effect at first. a wild squirt took
place in corn shortly after the open
ing. The advance in that grain WAS so
rapid that for the time being 1t took
wheat shorts of their feet and sent
prices up about &c for September and
about &c for December. While the In
fluence OF the corn flrmness listed there
vas Considerable activity In wheat, but
when realizing set In in the coaraer
grain and prices began to e1se OF
wheat readily followed. The influence
Of the heavy expected northwest re-
celpts then began to be felt. Heavy
shorts. who had held Rloof from the
market during the early squirt, came
into the market then and gradually
pressed prices downward. The selling
Of December was much more marked
than that Of September and that OPP
ton suffered more in consequence. Dur
Ing the last hour OF the short Saturday
session early buyers turned sellers, but
the demand was too light to absorb Of
ferIngB, and the market closed weak
and at the bottom. The days clear
ances OF wheat and flour from Atlantic
ports equnlled $4,000 bushels. Mime
apolls and Duluth reported receipts OF
63S cars, against 229 last week and SOL
year ago. Chicago receipts We're lis
cars, of contract grade. Total pri-
mary receipts were put at S2S,oOO bush.
els, compared with 1901, 900 year
ngo There was some buying against
puts shortly before the close, but only
enough to stop the decline. December
opened unchanged at 7IiAd7iAc. II adj
vanced to 7l5sc, then declined to 7lk0
71kc, closing at NE September
opened shade higher at G9&TG9Ac.
advanced to 70Mc and declined TO G95sc,
where II closed.
The market for corn wns active and
broad. Continued dry and hot weather
was reported from the west and fear
OF consequent damage was strength
ened by reports Of firing" from parts
OF Illinois. Shorts were heavy buyers,
especially Of December, and that OPP
tiOn advanced sharply. deferred futures
following. At the top there was good
denl OF realizing and late In the SEES.
sion prices enscd on, the advance In
December being lost. September, how
ever, was strong To the CluRn. Larger
receipts were predicted on account Of
tho September premium. Receipts to-
day were h6S cars. There was good
cash demand and shipping demand.
December ranged from 2SLc to ggHd
29Mc, and closed unchanged mt 2SAc.
September ranged from Sic to size,
and closed &c higher at StNc.
oats were strong and fairly active.
shorts were good buyers Of September.
and II was evident that the short In
tcrest IN that option Is larger than cx-
pccted The strength Of corn had con-
siderable influence on the market, and
the continued excellent cnsh demand
was also n factor. There was some In
vestmcut huyluR, Receipts were Az
cars. December ranged from igssT2Oc
TO 2OEc and closed Nc higher at 2Oq
20hc.
Provisions were veal; To start with,
Influenced by reported yellow foyer In
Now orleans, The decline In prices
was Insignificant, however. and later