The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-07-13
.Nsscssmcnts paid. IOfereu.
Tntnl snles of ytncl,n DOG nnA si,nra-
New York Mining Stocks.
Breadstutfs and Provisions

CH1CAGO-Wheat dropped 2lsc for
the September option to-day. Report
ed improvements to the spring crop
throughout the northwest and unre-
sponsive cables gave the bears their
innings. Corn and oats ruled strong
and closed practically unchanged. Poo
visions were llreless and weak. Pork
closed al 4 decline Of lOQl2Ec: lard
lost &c and ribs sc.
Wheat opend weak. September 1h0
1&c lower at S0A0SlSc. Indifferent
cables and the astonishing claim by
the Frice Current that the government
figures on the spring crop ~cre ridicu-
lousy low caused the change In scnti-
ment. Longs became, discouraged and
began to unload. Under this pressure
the market continued on the down
grade until September reached S65;c.
At this point the decided strength in
corn began to be felt In the whca; pit,
and produced 4 more confident feeling.
Several shorts became nervous. and
commenced covering. forcing the price
UP steadily to SlS0S2c. The upturn
met generous profit-tnklng, and the
market soon began 10 sag again. Claims
from the northwest of n decided i'm
provement to the spring crop as l re-
suit Of recent rains, and that the three
states would possibly yield 125.OO0. 900
bushels against previous expectations
of 75,O0O.oOh bushels, added to the SELL
Ing movement, and September declined
gradually to SOAc. There was feeble
rally during the last hour on indications
OF large decrease In the visible sup
ply, but the advance was only tenn
porary, and the market closed weak
within fraction of the days range. Ca
bles were lower. Notwithstanding n
sharp advance here yesterday. The
Price Current estimated the wheat crop
at ESQ, 100000 bushels, Chicago receipts
were 60 cars. six or which were con-
tract grade. Minneapolis and Duluth
got 15S car loads, compared with 40
car loads for the same, DAY last yelr.
Western primary receipts were light,
$4,000 bushels, against $4,000 bushels
last year.
Reports Of damage from drouth ana
light country acceptances strengthened
Coin. oeptcIHper Tcacncu iJc, put
there WAS enough selling at that price
to wipe out all of its advance. Sep
temher opened &c lower to &c higher.
at iih@44hc, sold sparingly Mt 4ilsc,
advanced TO 45c ana reacted to 443s@
4iIsc at the close.
Oats ruled strong and active. There
was considerable buying on crop dam
age reports from Iowa and Nebraska.
The advance was nearly all lost during
The last few minutes OF the session on
proft-taklng. September opened
shade higher ut 2iSsGD24Sc. advanced
TO 25c, reacted to 2i7sI2ihc. and closed
with buyers at 24kG24Nc.
Provisions were heavy throughout.
Traders sold lard and ribs. owing to the
weakness In wheat. September pork
opened &c lower Mt SIC G5. advanced to
sl2 10. declined to Sla 5TE. closed Mt
ST. 57hIl2 GO. September lard opened
2hc lower mt SO 90 and declined to sly,
ut the close. September ribs opened
&c lower ut 81 90: rose to 81 O2Is. declined
to 50 95 and closed ut Sc 97is,
Estimated receipts for Friday: s
Wheat. 70 cars corn, 5G5 cars; oats,
$50 cars; hogs. 10000 head.
Cash quotations We're rs follows:
FIour-StoW. lTE