Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-13
MARKETS BY WIRE.
Wheat Strong ut the Opening, but Weakens
aud Closes at a Loss-POrk Un-
settled, but Finishes

steadier and closed about 1zc lower than yes
terday. The advance early in the day was at
tributed to light receipts, and the general in
formation on this point that the arrivals are
likely to show still further falling of. Clear
ances, too were fairly large, and promised to
make large showing this week.
Under these influences and the report that
prominent miller in the Northwest had sold
% 600 sacks of -four for export at an advance,
the market advanced and operators got long,
but later, when an attempt was made to sell,
the market was found to be without support
and quick reaction followed. 1t was the I'M
preston among some traders that the early ad-
vance had been engineered to enable the sell-
ing of long wheat. Foreign markets were
quoted steady and firm, with closing cables
noting quiet feeling. -
Corn ruled quiet and inactive early with
trading light and fluctuations narrow, but As
the session advanced more interest was mani
Tested and moderate business was transacted.
The feeling developed was easier, more partlc-
ularly December, offerings of this month being
more liberal, a prominent local trader selnng
moderate quantities, as also the local crowo,
Influenced some by The more favorable weather.
The market opened at about the closing prices
of yesterday, was steady for time, but soon
became weaker and declined PC for December;
L63sc for January, and 1s@Ac for May, ruled
quiet and closed H@3zc lower than yesterday
Oats-Trading was a trife more animated.
An unsettled feeling prevailed, being hrm early
and weak later. There was liberal buying by
shorts early, one house covering S5o, ,0OO bushels
May at 225S@23c. An abundance of orders to
sell May at 23c were on the market, but an in
,sufficiencY of buying orders prevented many
being executed. About noon weakness deYel-
oped and under increased offerings prices re-
ceded 1S9l<c and the market closed quiet
Mess POrk-A fair trade was reported, but the
feeling was somewhat unsettled. Prices ruled
59lOc lower early in the day, but rallied again
21615c and closed comparatively steady.
Lard-Trade was moderate and the feeling
was rather easy. Prices ruled about 211@5c
lower, especially for the deferred deliveries,
and the market closed steady.
Short Rib Sides-An easier feeling prevailed
Prices ruled 21S95c lower and closed about out
side figures.
The leading futures ranged as follows:
WHEAT-No; 2 DECEMBER. 7S5997S1s@5S7ag
7s15c; January. 79G79sS@763z9 z97S5zc; May, $50
S35S6821S@SSc.
Com NO. 2 December S2sk@S2sk@3lM@
SI5sc; January, Sl14@SlH@Sl@Slc; May, $3.50
oHTsgNo. 2 December. 2Os4G2OXQ2O5s@
205sc; January, 2lG2lQ2o7z@2O74c; May x21s@S
@225z@227kc.
as 25Q9 30: March, 50 471SGS Az; May, 50 7O@
LARD, LAR per per LOO Ss-January. s. sOa5 sO@5 S71S
@5 50; March: s. s711@5 S715; May, IS O71z@
4 1904 72iSG1 ~; March, 81 s21S@4 s504 81
"a S2115; May. $4 95l14 95@4 921SG4 S.
Cash quotations were as follows: Flour un-
No. s spring wheat, 64G67c; No red. $50
7S5sc; No. 2 corn. S13<c; No. oats, 201z@205sc;
No. rye, 45c. No. barley, Sc. No. fax
pOTk, pork D Der ri bbi s. S71sas 80 Lard. per 100 lbs,
s. S7&, Short RIBS sides uOosel, 81 1906 co. Dry
salted shoulders tboxed), 81 121&@4 Is. Short
clear sides (boxed), IS lO@5 Is Sugars-Cutloaf,
wheat, &c. 600 bushels: corn. $4,000 bushels;
oats l04 900 bushels: rye, 5000 bushels; barley,
81 600 bushels. Shlpments-Flour, 20, 900 barrels;
wheat 1900 bushels; corn. $4,000 bushels;
oats l0s 900 bushels rye, llOOo bushels; barley.
On the Produce Exchange to-day the butter
market was weaker, but not quotably lower.
Eggs, 2l@22c.
NEW YoRK-Flour in fairly active demand
tions moderately active. N@5sc lower and
heavy. Rye Irregular; western, 60Q62c. Bar
ley weak; western, 50Q65c; Canada, 59@73c.
Barley malt quiet, Canada, 77<. Corn-Spot
Spot quiet and easier; options moderately
active and weaker. Hay steady and quiet.
Hops moderately active and 6rm. Cofee-Op-
tions opened firm. unchanged to 10 points up
and closed irregular at 1895 points up; sales,
90, $50 bags including December, l605@l6. .20c;
January. l6.l06l6.20c; February. 16.l5@l6.30c
March, l62OGI6. 4Oc; April, 16:25@l6 SOc; May,
l6 40c; August, 1850; September, l6l5QI6.45c;
October l62O316.30c; spot Rio firm; fair carsSoes
Is5sc; No. Z, I79sc; No. 6 Santos, lsssc Sugar
Orleans steady. Rice steady
and in fair demand. Cottonseed oil unsettled;
crude, 2I1792Sc. Tallow quiet. Rosin quiet;
strained common to good nominary at 81 2O@
| Is. Turpentine easier and quiet at 451<@45szc
Eggs dull and weaker; Western. 231%@24c;
lined, l61z9lSc; icehouse, l7@l8c; receipts,
4.Ol3 packages: Pork firm and quieti mess,
Sll 0O@ll Is; do uninspected. SO 5O@
10 IS; extra prime, 50 75@l0 co. Cut meats
quiet and steady: middles easy Lard quiet
and depressed; Western steam at S6 25; sales
- IT,, r,nA .E -
December. Sc 1896 H. closing at S6 II asked;
January, S6 22Q6 "a. closing at S6 q asked; Feb
uary, $6 30 asked; March. S6 1896 3S, closing
at So S6 asked; April, s. 40 bid; May, So 47@
demand and weak; Elgin, 29@291zc; Western
dairy, l9c; do creamery. l4G27%c; do held
lO@l9c: do factory, l7420c. Cheese quiet and
steady; Western. 7@l0c.
PHILADELPHIA-Flour dull and in buyers
favor. Wheat-Options strong and higher. but
very little speculation; fair to good milling
wheat quoted at 7S@85c; choice and fancy long
berry at 87@92c; No. 2 red, S0@S0kc; February
S2QS21zc: March. SSA@S44c. Corn firm and
1uiet; sales No. yellow, in grain depot 4lc: new
steamer No. high mixed. in do, 42c; new No.
mixed. in grain depot. 43c; old new quoted at
s4@45ci No; 2 mixed December. 391sQS91zc;
'9H94Oc. Oats-Car lots firm, with moder-
ate demand; No. 8 white, 30c: No. 2 white,
n Twentieth street elevator 3lc; do in grain
iepot 3l1zc; ungraded white, S01<c; do clipped.
,ember, 3O1z6305zc; January, 30G301Sc; Febru-
Try, 301z43O15c; March, 301f@3lc. Butter weak;
iemand light; Pennsylvania creamery extra
&c; do prints extra, 34@S7c. Eggs dull and ir-
-egular; Pennsylvania frsts, Csc; held lots, l5
42Sc.
Observation-Disclosures 2S5 cars. The de-
nand for sample wheat active and prices ranged
higher than yesterday. Local millers and mil |
ers to some extent outside were buying from |
he sample tables, with smaller receipts and |
arger demand; the good wheat offered at the |
current range was closed out pretty readily: |
he buying of the poor grain seemed to be |
Mostly by shippers. Closing quotations: No. |
hard December. 7Sc; January. 7S1Sc: MAY. |
S1Sc: on track, 7515c; No. Northern, Decem- |
Ier, 7515c: January, 7ec; May, Sic; on track, |
&c; No. Northern, December 73c; January. |
&c; May, S7szc: on track. 73G74c.
ST. LoUIs-Flour in better demand but values |
Wheat lower; the market opened |
irm on stronger markets elsewhere but turned |
-ery weak late in the session. and the close was
&c below yesterday; No. 2 red, cash. 7S11Sc; Nav,
l5E4S25kc closing at SIC bid. Corn lower: |
10 mixed. cash, 275zc; December, 27sz6HzIc' |
loseo at 27szc; January, 275s@275Se, closed at /
7sSc bid; May. 29sz@295Sc, closed at 2gsz@29Xc |
I'D. Oats firm; cash. 20Zc; May 22sS622%c |
sked. Rye in demand at 4Sc Barley very /
low; Nebraska, corn mixed. 2SG30c. Flaxseed /
Iuiet: salable at 81 Is. Provisions dull and
over; pork, $40 00@I0 so.