The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-11-28

CHICAGO-Wheat was weak to-day,
influenced by lower cables, increase IN
the visible supply and forced December
liquidation, and closed $@l5c under
Friday for May and h99Sc off for De-
| cember, Corn, actuated by weakness OF
! wheat. freer country offerings Qnd poor
demand, closed h4hc lower Oats
closed shade lower, and provisions
were little changed from Friday.
The balance OF trade In the wheat,
corn, oats and provision markets Is now
In favor Of May contracts.
Wheat evidently spent the holiday
Saturday in getting weaker, for a de-
cidedly feeble pulse was observed at the
opening to-day, with May 9B4Ac under
Friday at 69X E697kc and December 40
nc down at G51S465Ac. Factors In the
weakness were lower cables. forced De-
cember liquidation and an Increased
visible supply OF 1,S36,0O0 bushels. The
price held slightly above initial figures
on buying against puts, and some COW
ering by shorts, but chung very close to
the bottom until there was cessation
OF the December liquidation. With the
removal Of this pressure the market raj
lied from the opening, but the loss on
Friday was far from regained. May
closed 9sGISc lower at 69hG7Oc, and De-
cember M@SSc lower at ssh gG53sc. The
sleadIness Of the Liverpool spot demand
was minor factor in the local reaction.
Receipts at primary points were 2, lS2IO0
bushels, compared with 1,563,S7S bushelI
last year. Northwest receipts were
| LIS, 400 bushels, against 1,l0S,S94 bush
els year ago Two days receipts here
were III cars. 50 of which were graded
contract. New York reported no wheat
taken for export Clearances for two
days were $4,000 bushels, Lake rates
went up &c.
Corn was easy. with more or less liq-
uIdatlon throughout the session. Better
weather for the movement Of crops re-
suited In freer country offerings In ad-
| tlitIon to which the market was further
weakened by the selling Of futures by
| the west. The weakness OF wheat was
also depressing factor. Local stocks
| decreased "a, 900 bushels. and the visible
supply Increased $4,000 bushels. Clear
ances 1.-TWO days. were 1871 900 bushels
Local receipts 1.-TWO days. were SIS cars
and at primary points 7Gi,290 bushels
The opening was at loss from Fri
| day Of A9&c. May ranged from S2Sac
10 S2&c, closing k@%c lower at 3?%c,
December ranged from 3thci to Sl%c,
and closed %1jkc down at 3lisc.
Oats held steadily, In Wow OF the
weakness OF the other grain markets.
supported by a good cash demand. Sell
Ing was on small scale. The visible
supply decreased 20S0OO bushels. and To-
cal stocks (S72,OOO bushelsI fell of $1,000
bushels. There was some covering by
shorts and buying by operators who let
out corn Receipts here for two days
were 4GS cars. The market was dull.
and fluctuations narrow May sold
from 23%c to 2S7sc, closing &c lower at
239sc. December ranged from 22%G
| 2aNc to 22HT22Esc and closed n shade
lower at 22l5T22%c.
! The frmness of the transport for
American products held provisions
steady, In face OF the weakness of the
grain and lower hog prices, The mar
ket was duit and fluctuations narrow.
Anal prices showing only the smallest
fractional changes from opening figures.
| May pork closed unchanged from Fri
| day nj 50 GOdg G2lE; May lard shade
M at 81 S2E and May ribs unchanged at
So 10.
Estimated receipts for tomorrow;
Wheat. 100 cars: corn, i75 cars; oats,
3Ol cars; hogs, $4,000 head.
The leading futures RANGED as follows: