The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-08-03

primary points dampened the chthu-
siasm of traders. Corn was also weak
on favorable crop news and declined
&c. Oats closed at &c lower Prov!s-
ions. were irregular, lard declining 2,sc,
while pork advanced 121sc and ribs q! o
&C.
Wheat opened with material decline
In initial trading In the September OPP
ton. ranging from 75hGTjEc. compared
with yesterdays closing price of 7jS q
Use. Liverpool cables, showing little
or no advance ut that market were n
good deal Of n disappointment TO local
traders. In addition to this, crop re-
ports were Of much more cheerful
tone. and weather conditions were Ideal
for harvesting operations. Liberal re-
ceipts at primary points added to the
depression. Yesterdays buyers were
prominent In the carly selling, which.
however. soon ceased. The local de-
mand improved enough at the decline to
impart some temporary firmness to the
market. September advanced to I5sc,
but when closing Liverpool quotations
showed decline Of %Ghd. the mar
kct again turned weak and from that
until the close OF the session. the ton
dency was downward. although scalp
ing operations which made up the bulk
of trading, resulted In several unim-
portant rallies. There was but little
demand for wheat until September Ind
declined TO n point below I5c. when the
market again received support, but
not enough to cause any substantial
Improvement. although the markc; be-
came fairly stendy toward the close.
September gradually declined TO I4Ec.
and was quoted 1t 74A1T:5sc at The
close.
( Northwest receipts were 235 cars.
against 2s5 last week and 40 q year ago.
Chicago receipts were 255 cars. IL Of
contract grade. Tota! primary receipts
were 10000 bushels, compared VIII
G53.000 bushels q year ngo. Atlantic port
cleuraEces were large. $4,000 bushelE.
y good demand was reported for new
wheat and estimates of the amount
worked ranged as high as 100000 bush
els. As increases OF about 100000
bushels was looked for In the visible.
Corn was weak and lower all day.
There was some sympathy with the
wheat decline, but independent OF this
weakness was caused by the extremely
favorable crop reports and the weather,
which was ideal 70. ripening corn. Ship
ping business was slack, both here and
at the scaboard. Longs were sellers OF
futures. Local receipts were PSI carr.
September ranged from 31ikc to Sc and
closed &c lower at 37isc.
Oats were very dull and trlfle cas-
Ter, though the decline was small In
view Of the weakness Of other grains.
The cash demand continued TO show
Improvement and this had 4 tendency
TO steady the speculative lrket.
Country offerings, however. WERE nDlr-
al, and elevator people were sellers.
Shippers were the best buyers. Re-
clpts were 3o6 cars. September ranged
from 21M@2l7sc, and closed &c lower at
2lkc.
Provisions were fairly active and ir-
regular. Early In the day the market
declined all around. there being some
disappointment over the small decrease
In stocks. Weaker hog prices also had
some influence. Later quite an active
shipping demand Tor pork sent thf
price Of that commodity up sharply,
and other meats followed. though lard
did not entirely recover. The close was
steady. September pork 12Ec higher ut
sl2 90; September lard 2ikc lower at
Sc SIisGG 80, and September ribs 2,s1
SC higher nj 81 III.
Estimated receipts Friday:
Wheat. $50 cars: corn. 26O cars; oats,
$50 cars; hogs, 10000 head.
The leading futures ranged rs follows: