The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-06-21

sXc over Yesterday and held every frac-
tion of Il to the close. The other mar
kets were helped by the wheat strength,
corn closing 19sc, oats 1c and provisions
597i5c higher.
Drouth had ruined half the wheat
crop OF the fruitful northwest and now
excessive heat, according to-day's dis
patches is burning up the stinted re-
mainder. A message from that untor-
tunate part of the country said the
temperature was 100 in places. II any
additional stimulus was needed to cause
a continuance OF recent heavy buylng II
was found in the news mentioned. Ihe
market started the session with a goou
advance over yesterday and kept on
advancing to the close. Throughout tne
day the news OF the condition OF tue
plant in the northwest was gloomy 10
an extreme degree. Many authoriies
said that where a few days ago halt
crop was a possibility. now, with the
lack OF rain which might have saved.
the loss viii be in the neighborhood of
90 per cent. July opened 1hGl9Sc over
Yesterday at 7S7sc TO 79Nc, and In ser
les of Kangaroo-like leaps following a
dip to 7SAc near the opening, advaRc-
ed to Sl9sc, at which the close came
S%c over yesterday. The northwest
was a heavy buyer, but at that II could
not be said TO have led. The demand
came from everywhere, apparently
100000 bushel lots offered for profit by
fortunate possessors were gobbled up
like a peck OF potatoes and the statls-
tlcians on the board nearly lost their
wits trying to keep track of market
which had gotten far out Of ordinary
bounds.
Outside markets advanced, those in
the northwest shooting up faster than
even Chicago thus furnishing to the To-
cal people additional impulse.
The cash business was curtailed by
the sky rocketing of futures. The dips
during the day were inconsequential
generally. During the forenoon. July
having jumped to 79&c sold on to 1s%c,
longs lIquidating but following that the
dips were too small to be noticeable In
such large market. An estimate puts
the amount of wheat which changed
hands to-day at 100000 bushels.
Clenrances at the saaboard were equal
in wheat and flour to $4,000 bushels.
Primary receipts were $4,000 bushels,
compared with 100000 bushels last
year.
Minneapolis and Duluth 31 cars,
against asa last week, and 7l3 year
ago. Receipts here were S0l cars, none
of contract grade,
A good general buying Of corn result
ed from the wheat strength and that
market closed the session In a strong
condition. Receipts were liberal-47S
cars here-and shippers seemed to have
fairly liberal acceptances to their bids
made last night Also the crop situa-
ton was favorable, but the buoyancy of
wheat was too much to be ignored. July
sold between 397s@4Oc and 4lbc. clos
ing at the top, 1850 over yesterday.
Oats We're more active and strong.
helped, OF course, by the advance in
wheat. There was considerable chang
ing. The northwest bought some and
talk of crop losses in the Dakotos and
Nebraska. Receipts here were 200
cars. July sold between 23Ac and 241bc,
closing 1c over yesterday at 24hc.
Provisions spectators were calm in
the midst of the surrounding excite
ment, but were in accord with the
general Improvement sufficiently to
advance the market a bit. July pork
sold between Sl1 40 and $11 57h, and
closed TIC up at $11 So; July lard be-
tween Sc GOa6 67Ia. closing SC improved
at So 67lS, and July ribs between Sc 65
and 81 icy, with the close &C better at
Sc 72is.
Estimated receipts tomorrow:
. Wheat, 9j cars; corn, 5S5 cars; oats,
800 cars; hogs, $4,000 head.
The leading futures ranged as follows: