The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-08-07
NEW YORK MINING STOCKS.


CHICAGO-Dull and irregular mar
kets prevailed on the board OF trade to-
day. Weakness of corn and favorable
crop conditions were features in a de-
cline of AG9Sc in wheat. Coarse grains
showed the most weakness in new crop
features, December corn closing "a
Rc lower, September losing only a
shade, September oats closed shade
higher and December &c lower. Pro-
visions declined 7hd1214c,
Opening trades In wheat both for De-
cember and September were at slight
declines from yesterdays prices, Sep
TENDER starting hd&c lower at 6Y9SG
69IGc, and in the course OF the next halt
hours trading the price took a further
drop to 69Hcs English markets We're
closed and domestic news was more or
less colorless as a rule and the interest
in loading was small, even ut the open
ing. Sellers were In the majority, how
ever The weather in the northwest
was favorable for harvesting operations
Kansas state crop report predicted big
crops OF both wheat and corn, the con-
dition OF the latter being put at 100.
This developed weakness In corn and
the narrow wheat market sympathiEed
to some extent with drop In the coars-
err grain. There was some selling by
yesterdays buyers also on the favorable
northwest crop conditions. a feature
which encouraged the bulls was the con-
tlnued small proportion Of new wheat
arrivals and the falling In receipts In
the northwest. Minneapolis and Du-
luth received 2i0 cars against S4i last
week and IS year ago. Chicago re-
celpts were 76 cars, IL Of contract
grade. Total receipts at primary
points were 675 900 bushels. a moderate
covering movement started at the de-
cline to G9Ac; some buying was also
done against weekly puts, and by II
o'clock the September prices recovered
to 69%c. The demand was better for
the deferred futures than for Septem-
Der, considerable changing being done
from September to December, but In the
last hour OF the session, interest almost
died out and prices dropped all around.
Atlantic port clearances equalled 49,
900 bushels. There was some demand
for export, but little In that line was
done. September gradually eased off to
69Ii dG0$c, and was bringing that price
at the close.
Corn was weak, though only moder-
ntely active. There was general SELL
Ing early on much needed rains In the
corn states and the Kansas August crop
report, which estimated the yield at
400. 1000 900 bushels for the state. A good
shipping demand was reported Re
ceipts were 3il cars. Selling OF the new
crop futures, December and May. was
much heavier than OF September. nnd
those months were cuTrespOndinGly
weak. September ranged from 3O2sC 10
30hsc, and closed n shade lower at 3OSsc.
December and May closed about &c
lower.
oats were dull and fairly steady
Weakness OF wheat and corn was Offset
by the rains In the west, which were ex-
pcctcd to curtail the movement. Re-
ccipts were 35i cars. The cash demand
was light. Deferred futures showed the
most weakness. September ranged from
i9kGl9Mc to l9lAHl9Rc and closed a
shade higher at l9isdl9A.c, Dcccm-
Der and May closed sc lower
Provisions were heavy and closed nj
sharp declines. Hog prices were low
er. This and the weakness Of corn
caused liquidation by recent buyers.
Packers We're sellers and an additional
source OF weakness Al the close Sep
TENDER pork was l2isc lower at IS %;
September lard nc lower nj 81 37iEG
& 20; and September ribs l0c lower ut
81 07iAT5 10.
Estimated receipts Monday: Wheat,
1875 cars: corn $40 cars; oats $50 cars;
hogs $1,000 head.
Cash quotations were as follows;
TTlour-Stendy.
whcnt-No. spring &c: No. spring
67d6gisc; No . rcd 7OHc
Corn-No. 3laSlhc; No. . yellow
onts-No. new 2OGQ2O&c: No. 3
white new 23c; No. 2 white 2OG25hc.