The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-17
NEW YORK MINING STOCKS.


cHIcAGo-Llquldatlon, encouraged
by heavy addition to the visible sup
ply. favorable crop reports and an
abundance OF bearlsh statistics. includ-
Ing enormous worlds shipments, weak
ened wheat to-day December closed
with loss OF h4%c. Corn declined
Nc, and oats closed shade lower.
Pork lost te9i2lEc, lard TA4iec and
ribs TIC.
Wheat opened weak with the senti-
ment decidedly bearlsh. Everything
seerA'd to be against the bulls. The
drouth In the southwest was reported
completely broken. worias shipments
exceeded European requirements by
over u million bushels, and the indl-
cations were that the visible supply,
when completed, would show n heavy
increase, while the amount on ocean
passage had increased nearly million
bushels. Under these conditions the
bulls became thoroughly dIsheartened
and left the bears in full control OF the
market, although the latter were not
inclined to push their advantage to any
great extent The market ruled dull
the greater part OF the session, while
fractions were steadily scaled on the
price until the last hour, when shorts
buying OF that kind there was u quick
rally OF &c from the bottom. The I'M
prOvement was only temporary, how
ever, us the support was soon with
drawn, and at the close the market was
headed downward again, closing within
h@&c OF the bottom OF the days range.
High ocean rates and an advance In
rates east OF Buffalo helped the de-
cline. December opened &c lower at
7l%D71&c, sold sparlngly at nae, de-
clIned to 7lh071hc, rose to 7l5Su and
closed with sellers at 7llsc.
Chicago received 243 cars, three OF
which were graded contract. Mime
npolis and Duluth got 1879 cars. COM
pared with l,541 cars the corresponding
day year ago. Total primary receipts
were l,7S6,O00 bushels, against 2.l9D.OOO
bushels last year. Atlantic port clear
ances OF wheat and aour equuled $4,000
bushels. The worlds shipments last
week were 100000 bushels, against
7.41S, 900 bushels the same week last
year. The amount on passage Increased
$4,000 bushels. compared with 100000
bushels decrease last year, and the total
aiiOat now Is 26,S00,0O0 bushels, against
20. $50, 900 bushels then. The visible sup
ply increase was 2,979,000 bushels, and
the total In sight Is 47,Sl4,0OO bushels.
Large receipts and n falling OF In
the foreign demand at the se0bOard
weakened corn ut the opening,
smaller Increase In tho visible supply
than expected and belief that the wet
weather prevailing throughout the west
would retnrd the movement, encouraged
heavy buying after about an hour ana
q half OF weakness. and the early de-
cline was partly recovered. cash de-
mnnd fair. Receipts, 800 cars. The
visible supply Increased only JlbOOO
bushels, compared with an Increase OF
2,3l6,O bushels the same date last year
December opened &c lower nj 39Asf"le.
flrmed up to slc. declined to seize and
closed with buyers at SOA4SOhe.
Oats were weak early In sympathy
with wheat and corn, but turned strong
later on buying induced by large clear
anees and decrease In local stockS,
Receipts were hcavy--47S cars. Tho
visible Increased $4,000 bushels. De-
cember opened Nc lower at 22%c. de-
clined to 22kC and advanced to 22Ap
22hc at the close.
Provisions ruled heavy throughout
starting at a moderate decline and in
creasIng the loss as the session ad-
yanced. Too many hogs and lower
prices AZ the yards were the depressing
Influences. Packers sold heavily. jan
unry pork closed lO6i2Isc lower at
50 AO' January lard. 1hQl0c lower ut
IS Sbd6 37Iac, and January Ribs, TIC
lower Mt 81 90.
Estimated receipts Tuesday: Wheat,
1855 cars: corn. GOO cars; oats, 32b cars;
hogs. $1,000 head.
Cash quotations were m follows:
Flour easy.
Whcat--NO. spring, 69GlOlac; NO. .
spring, a0G9c; No, 2 red, Nq12hc.