The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-11-16

New York Mining Stocks.
Breadstuffs and Provisions.

CHICAGO-Wheat, having been sold
to standstill. rallied to-day chiefly on
profit taking by shorts. although there
was some news Of n bullish hue. De-
cembcr closed Nc over yesterday. Corn
closed q shade higher and oats un-
changed. Provisions advanced on light
hog receipts, January pork closing 32hc,
January lard 15c. and January ribs zoe
higher.
AT the beginning Of the session the
talent beheld 4 paradox-the market
holding steady on bearish news. Liver
pool fully reflected the decline here
yesterday and shorts. taking advantage
of the liquidation which was renewed
In moderate way on this fact, cover
ed to insure profits. Thus December.
which had opened lsc lower at 7eHc to
72isc, rallied to 723Sc. This tritiing rally
brought offerings from longs and De-
cember dropped to 71Sc, low price for
this crop. Here the market gave evil
dences OF having been sold to the last
speculative bushel and prices steadied
with n jerk. An Argentine cable re-
ported 40 per cent damage to the crop
of that country, and while this was de-
MED by others later. 1t had its effect
among shorts. The opening Of recently
closed mills at Minneapolis also had It's
effect and December advanced to 72ST
72Gc. around which figures the market
held steady the remaining hour Of the
session. The rapid denominations Of
stocks and the prediction Of q good In
crease In the visible and In the worlds
shipments initiated against any rad
ical action by bulls. On December COW
erlng the decline May difference mar
rowed to 3RG34sc. The seaboard re-
ported thirty loads taken for export.
Senboard clearances in wheat and -four
were equal to $4,000 bushels. Primary
receipts were 10000 bushels: compared
with $4,000 bushels yesterday. Min
neapolls and Duluth reported $3.50 cars.
against 496 last week and 766 q year
ago. Local receipts were tifty-two cars.
ten of contract grade.
Corn was able to stand alone and did
so, helped by n good shipping demand.
Country offerings were freer, but the
estimate for Tomorrow was not sug-
gestive that there was any rush among
farmers to take advantage OF the ex-
cellent weather for moving their hold
ings to market despite the premium No.
2 corn Is now commanding In Chicago
for delivery this month. The market
was not an active one and the bulk of
speculative trading was for the local
account. Receipts were 344 cars, and
this number being twenty-four cars in
excess Of the estimate caused 4 shade
easier prices at the opening. December
sold between 35Rc and 36hc, and closed
shade higher ut 35A 9S6c.
Oats were quiet and firm. Receipts
only LOG cars. thirty-four cars under
the estimate and the estimate for to-
morrow gave no Indication OF improve
ment In that respect. The shipping de-
mand was restricted to prices. at which
business could not be prohtably done.
December sold between 2lN422c and
2242cbc. and closed unchanged Mt 29c.
Strength and fair amount of actIv.
ity held sway In the provisions pit.
Packers and commission houses were
liberal buyers, largely to cover shorts.
The market was Influenced by run OF
hogs 1000 under the estimate and by n
sharp advance In prices at the stock
yards. January pork sold between
Sll 62h and Sll soy and closed 32Hc
over yesterday at sll S2is: January
lard between Sc IS and Sc 97E., closing
l5c higher at IS 97hs and January ribs
between Sc 20 and Sc So, with the close
zoe up at Sc So.
Estimated receipts Tomorrow:
Wheat, 125 cars: corn. 325 cars; oats,
l05 cars: hogs, $1,000 head.
The leading futures rangec us follows: