The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-08-20
Breadstuffs and Provisions.

CHICAGo-A decline at Liverpool.
lack of outside interest and scattered
liquidation caused further recession
in the price OF wheat to-day. September
closing &T7sc over yesterday. Corn
closed &c lower and oats reduced. Pro-
visions closed firm. September pork 15c.
September lard 2isd5c and September
ribs i7ilsG20c Improved.
At no time during the day were there
any number OF traders who believed
wheat was going TO recover following
the recent steady slump. Trade was
dull TO q dlsheartening Degree Liver
pool closad &@Sd lower; there was al
: most no outside business: receipts at
western markets were again very
/ heavy, and the shipping demand slack.
Scattered liquidation. including selling
on stop-losB orders. was the order Of the
day. For some time the only buying
was by scalplng shorts who covered to
SECURE profits. September opened B9
&c lower at 72Sc to 72Ac and after a
few weary efforts TO hold Its head up.
subsidized to Ilssc. II was under re that
most OF the covering by scalp2rs was
done. This resulted In q recovery to
I2Lsc at which the market closed steady
at 4 &@7sc loss from the previous close.
New York reported % loads taken for
export and five loads were sold here.
Seaboard clearanccs In WHEAT and flour
were equal to $4,000 bushels. At pri-
mary western markets receipts aggre-
gated 100000 bushels compared with
$4,000 bushels the corresponding day OF
last year. Minneapolis and Duluth re-
ported 2S9 cars against PSI last week
and 232 4 year ago. Local receipts were
Al ~ nj roDrr1rf tyrnin .tsarHs.t
= Corn felt the wheat weakness and the
stoppage OF the shipping demand caused
by the recent advance In prices for this
and the next months delivery. Sep
TENDER offered at the close yesterday
39Sc. was offered at the opening to-day
Mt 3S?Sc To SssI3S&c. A few minutes
later the market touched 3SIc, but n
drop to 3SAc followed on selling by an
influential trader who was supposed TO
be hedging against country accept
ances. Other people, however. reported
the! country offerings light. The mar
ket closed easy September &c lower ut
3Shc.;l The reaction from the bottom
was on n prospect OF the decline bring
Ing out fresh shipping business. RE-
ceipts were 100 cars.
Oats were very quiet but comparl-
lively steady. Receivers sold against
r
there was n fair amount of buying by
outsiders. The trade generally, how
ever. was local In character and devoid
Of independent features. September
sold between alSc and 2l&c. closing isc
down at 2lSIal&c. Receipts were 265
ears.
Provisions were not active, but the
market showed an uniertone of firm
ness the greater part of the session.
Local buying, especially OF short ribs.
and the selling OF product for January
delivery were the features. September
pork Id between $40 % and sll 10 and
closed 15c over yesterday nj Sll Is: Sep
TENDER Lard between SC 59kIG s. aud
SO 62Ii. closing 2isGb5c higher at Sc 62;Et.
and September ribs between Sc S21s and
81 o.. with the Close 17HGe0c up at
81 02kI7 05.
Estimated receipts Monday:
Wheat 500 cars: corn 30 cars: oats 260
cars; hogs 10000 head.
The leading futures rnngec as follows;