The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-11


Brcndstuas and Provisions.
CHICAGo-Dr Decidedly lower quota
lions from Liverpool and a heavy In
crease In the visible supply made wheat
heavy To-day and caused a decline Of
li0sie at the close. Corn was lirm and
closed 5sQkc higher. Oats closed a
shade higher. Proyisions closed
shade to TIC lower,
A decline Of &c marked the opening
quotations IN wheat Even at that con-
ceSElon there was nttle demand and un-
der liquidation by shorts, mostly OF q
local character, caused a Sun further
recession In prices TO take place. Liver
pool was slightly lower at the start, but
developed radical weakness before the
close Of the session there. Il reflected
the Views Of the English traders In re-
gard TO to the war prospects, which are
evidently considered much more re-
mote, and this fact had strong intiu-
portant factor was the prospects OF 0
heavy increase in the Visible supply.
The increase was finally announced at
2.0Og,0O0 bushels. The local stocks
showed an increase Of $4,000 bushels.
Another source OF weakness was the
enormous primary receipts, 245l, 200
bushels, compared with 20i5.000 bushels
year ago. The opening price for De-
cember was 72N 3729sc, against 6atur-
days closing Of 727S 872&c. The price
worked down to 72hc, where little
covering caused short period Of stead
mess. The demand was limited, how
ever, and when satisfied, the market
again slowly declined, keeping on the
downward COURSE until well Into the
afternoon. Trading was narrow. The
forthcoming government crop report
had restraining influence and the abb
sence Of demand was but another fac
tor In the weakness. The price was
almost continually under puts, and not
until the close was there any indication
Of a rally apparent, The December
price in the meantime got down to 71N
071hc. A break Of almost cent was
too tempting for shorts, who covered
quite freely toward the close and caus-
ed an advance to 72lt@72ltc. where the
market closed. A report from New
York that sixty loads had been engaged
for export had some influence in caus-
ing the late rally. Minneapolis and
Duluth receipts were 1918 cars against
/, 100 last week and 1,7SS year ago. Chs
cago receipts for two days were 4S4 cars,
6 of contract grade. Worlds ship
ments aggregated over 100000 bushels.
Shipments from Russia being 1,S24,00
bushels. Atlantic port clearances for
two days were 1,229,OO0 bushels. Much
needed rain was reported In the west
and northwest, permitting winter wheat
sowing.
Corn during the morning was active
and strong. Elevator people and CONF
mission houses were sharp competitors
for all offerings, and good advance was
scored. Later the feeling became cas-
Ter on predictions OF general rains and
part Of the advance was lost. Gables
we're strong and higher and a good ex-
port demand was reported. New York
placing the export engagements at lOS
cars. The lleaviness Of wheat also had
a SOLDERING influence on bulls Receipts
for two days were 1850 cars. Decem-
Der ranged from 3O1sc to SO&c, and clos
ed S9Ac higher at S0Ssc.
The market for oats was very duIl
and prices kept within a narrow range.
The market early was a trtfle higher In
sympathy with corn, but little profit
taking later resulted In loss Of part
OF the slight advance. Receipts Tor
two days were SSS cars. Scalpers did
the bulk Of the trading. December
ranged from EPIC to CSC and closed a
shade lower at 22Sc.
Provisions were dull and ruled irreg-
ular. The hog market was easy and
packers disposed to sell. The cash de-
mand was reported good, but about the
only support the market received was
from exporters buying against cash
sales. AT the close January pork was
TIC lower at 50 SIN; January lard a
shade lower at IS 5595 STU, and January
ribs exc lower at s. 07h.
Estimated receipts Wednesday,
Wheat. 200 cars; corn, $40 cars; oats $50
cars: hogs, S5,000' head.