The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-10-02
nrcadstnfrs and Provisions.


CHICAGO Sept. 3O.-AI the grain
and provision markets to-day were dull
to the verge Of stagnation and no ma
terial changes in values OF deferred tu-
lures took place. September wheat
and corn were in process of liquidation
by long interests aud declined sharply.
The closing Of the New York stock eX-
changes had a narrowing effect on trad
ing. September wheat closed 80lc.
lower and December u shade lower.
Septembe- corn declined lssc. and De-
cember &c. December oats closed url-
changed, Provisions closed unchanged
to shade lower. Another slight rise
In wheat at Liverpool Notwithstanding
Yesterdays decline in this market
caused wheat to open firm and at
fractional advance. The action n Llv-
erpool Indicated that traders In the
market took n more serious view OF the
Transvaal situation and caused mod
crate covering movement among local
shorts There was also some outside
buying through commission houses. Be-
sides the strength ut Liverpool the mar
ket was helped by the continued light
receipts ut primary points. The I'M
preston apparently prevailed that re-
ceipts Will continue to run much light
er than Il year ago and though there
ives moderate amount OF realizing at
the opening advance only slight reac-
ton resulted ut the time and prices
quickly recovered. The market was In
the main Il scalping one and the bear
element, timld ut the recent strength OF
the market under rather adverse condl-
lions was inclined to cover all short
contracts over Sunday. fearing war de-
VelOpments In the Transvaal. Traders
NUItO sold vpg1nPInV tVnPn TNPOFUiupU1 In
the buying. The strength, however,
was confined TO the deferred futures.
September shorts had apparently been
well filled up, and moderate offerings
by long interests resulted In sharp
break In the price OF that option. 1t
sold at one time at lie. discount under
December. Winter wheat points re.
ported an excellent milling demand.
Toward the close there was Increased
selling on prospects Of large increase
In the visible, and the slight advance
which had prevailed soon disappeared.
The close was rather heavy. Minnelpo-
lis and Duluth receipts were $40 cars
against 1.OG6 last week, and t,277 year
ago. Chicago receipts were go cars,
% Of contract grade, Total primary re-
Celpts were $4,000 bushels against
900 bushels a year ago. Atlantic
port ctearnnCes OF wheat and nour
amounted to 10000 bushels. The visible
Is expected to Increase about 100000.
December opened hGAc. higher at
7S&c. 1t sold at 7Ssc., then advanced
to 7SNc, ard declined 10 T3lac.. where II
closed. September declined from i2iap
72Ac at the opening to 7llac. and
closed M1lc lower 1T 7l9sc.
The features OF a dun session IN corn
was the weakness OF the September dp-
tlon which declined l@c. under liduidl.
ton by prominent long interests. The
demand was light. shorts having appar-
emily covered thoroughly and prices
were easily affected. 4 heavy increase
IN local contracts Ia looked for, ana
this affected speculation. Deferred flu
lures We're rather steady early With
wheat, but later followed September
downward the market closing heavy,
The shipping demand was fair. consld-
ering the New York holiday. Receipts
were 1899 cars. December ranged from
297sc. TO 3Ohc.. and closed Nc. lower at
295G September closed ut 3thc.
oats were quiet aud firm. shorts
were bidders for September and adj
vanccd the price Of that option about n
cent at one time, hut the Improvement
did not hold. Deferred futures kent
within n narrow range. The market
showed dropping tendency late In the
day, offerings being froer at the adj
vance Receipts We're 1921 cars. Deccm.
her ranged from yea m2Sc. and closed
unchanged at 223sc. September CLOSED
&c. higher ut 22!sG. The cash demand
was moderate.
Trading IN provisions was mainly In
tho way Of changing, The opening was
slightly lower In sympathy with a rath-
en- week hog market and kept ut \
slight discount most OF the session,
Packers were the chief sellers. The
cash dertund was not so good Al the
close January pork was unchanged ut
500; January lard a shade lower at