The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-08-01

CHICAGO = Yellow fever In the
United States demorallzed the provis-
ion market to-day and caused break
| that has not been equalled In many
months. Pork declined 5Ihc, lard
17lkd2Oc and ribs 25d27lsc. Grain
markets were all weak on favorable
crop conditions, wheat declining lAc,
corn Sc and oats hc for September.
July oats, alleged TO be cOrnered,
showed a decline OF SIC for this the
last day Of the month.
With almost everything tavoring
lower prices at the opening, wheat
started at a decline Of full cent for
September, that opened at 69Ss97Oc. In
the course OF the first half hours trad
ing further slight decline took place,
September touching 69% d694c. Lly-
erpool showed a decline Of about I'D,
while continental markets all showed
weakness.
Foreign advices told OF favorable
crop condition throughout Europe. Do
nestle conditions were also favorable.
Frost had been apprehended in the
northwest, but the weather was report
ed as exceptionally favorable, with
crops In many localities already out OF
danger. Worlds shipments were put
at 7,3SO,00O bushels, compared with g.
! $4,000 bushels a year ago. These fig
ures proved additional incentives to
short selling. Northwest receipts con-
| tlnued liberal. Minneapolis and Duluth
reporting 535 cars, against 56j last
week, and 2l7 year ago. Chicago re-
ceIpts were l02 cars, seven OF contract
grade. When the visible supply figures
were announced. showing an uneN-
pectedly small Increase OF 5000 bushels,
| the market became noticeably stronger
\ aF.lF VaHn In
September. The Improvement did not
hold long. Export demand was light,
while primary receipts were put at 49,
| COO bushels. Atlantic port clearances
edualled $4,000 bushels. During the
afternoon the market became weak
again on n remarkably small amount
of trading. Longs who had withstOOd
4 the pressure during the morning. weak
ened when the price again got below
| roc and offerings from that source
caused a gradual decline TO 6SAsc. The
close was weak at 69SG69Ec for Sep
| TENDER.
Corn In the main followed wheat. and
acted weak all day, closing ut the bot
tom. News was bearish, crop condi-
| lions being favorable, receipts large
and foreign markets weak. There was
scattered liquidation all day, Receipts
were 6Sl cars. September ranged from
SO% to SlHc and closed &c lower at
3O&c.
Interest In oats was conferred in the
July deal. and heavy selling by eleva-
| tor interests and country receivers
caused steady decline In the option
alleged to have been corncred, the close
| showing n loss OF size. Shorts were
the only buyers, and they took holI
sparlngly. Receipts We're liberal. S9i
-
! tant options were weak In sympathy.
but 50 little traded In that only slight
declines resulted. There was good
cash demand. July opened lc lower
Mt 25c and closed at 2Ohc. September
rnnged from 10 To l9hpl9Ac. and closed
nc lower at l9ikc.
yellow fever panic ranged in the
provision pit and the market was In 4
| badly demurnlIZed condition all day. All
classes OF holders sold at the best prices
! they could get and as the demand was
| light at all times, prices melted away
with remarkable rapidlty. The mar
kct opened weak and lower for all COM
mobiles and under steady selling pres
sure ruled weak to the close. Llquida-
tion was mostly from the outside. com
| mission houses leading In the selling.
At the close September pork was 1I'sc
lower ut IS Is; September lard lIiaN
zoe lower at S. 22h and september ribs
| 25d27lkc lower at 81 30.
Estimated receipts Tuesday; Wheat.
100 cars; corn 725 cars. oats 500 cars;
hogs 1900 head.
Cash quotations were as follows:
Flour easy.
spring 7lAc.
corn-No. SlaaiHc; No. 2 yellow
. WffEFfQ9R
6nts-So. l9Nm22c; No. . white
g3is126lRc: No. white 2lhuAhc.
Ryc-No Jlhdh2lsc.
Barley-No. 32d3ll4c.
Flnxaccd-No, DE; new 81 OOh,
Timothy soed-Prlmc 81 45.