Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-03-24
Boston Stocks.
MARKETS BY WIRE.
A Bulge in Wheat, Accompanied by GrcHl
Excitement and Heavy Trading-Hog
Products Active and Higher-A
E.y.f..L O., noK-
Spirited Market in Oats.


CHIcAGo-The operations in wheat to-day
would have been regarded as wonderful but for
the fact that for range of prices and intensity
of feeling it fell far below yesterday. The mar
ket opened excited, with May selling at 81 O41a
to 81 051S the first few minutes after which that
future was neglected, and the tip was out to
take July. While the deferred futures were be-
ing picked up freely, the shorts scare again
broke out in May. The price had eased off to
81 04115, and started up with rush which ended
at 81 or. June sold at 9S1zc to 81 90, and July
at SSSssc to 9C9zc. Following the bulge there was
big selling of May.
The clique houses are closely watched, and
no heavy selling was traced directly, but there
seemed no doubt that Fairbank wheat went
out above 107 quite freely. At the same time
reports of rain where most needed were wired
from the Southwest, and the fever to buy July
was quickly over, and the price went off from
90lIc to SS]5c. May, after touching the top Tor
the day at 81 05z went off to 81 047s, rallied to
81 06 went off to 81 05, and again rallied slightly
before P. M. June dropped back from to
99c. During the last hour of the session May
wheat held around 81 O5 until just before the
close, when it went down to 81 041z, closing at
81 04sS June closed at Csc.
Corn was fairly active and firm early and
quiet and easier later. The market opened at
about the closing prices of yesterday was urn
and advanced nc on covering by shorts. inru-
enced some by the strength of wheat. Offerings
being sufficient to more than satisfy the de-
mand, and the market reacted, declining ssc,
closing same as yesterday.
The market for hog products exhibited con.
siderable strength during the greater part OF
the day and prices ruled higher on all the
leading speculative articles. When the ex-
treme figures were reached the offerings were
enlarged somewhat and prices receded:
Toward the close the feeling was stronger, and
prices were again forced to outside figures.
Prices receded slightly, but the market closed
Oats took slight bulge early to-day in sym.
pathy with wheat May opened at 25Ac and
closed at 2534c. June sold at 25ssc and 2511c.
The leading futures ranged as Follows
WREAT-NO o5.Ty May & SS55Sl O74Si 2a OSg
s02S@SS1l l@8Sss6e; year, SlElQslc., .-.>ao.,<
SSssSs Jans stESa MsE sSSsiS SslS'
Oars; 0tHrs-No. March. 24slc; May, 25N@2e@
2M9254c' June. 26ssg25ssc; July. 25@2o1s@
MESS Pork, per bbl-April, sl2 sO@l2 400
II so; May, $12 55@l2 55@ June, Sl2 55@l2 U
OH 450i2 50; July sl2 6213012 7O@ls 52K@
LARD, per 100 ns-March, 81 O21k; May,
81 O5@7 1216@7 021z@7 1215; June, 81 i0@7 III
a. 1907 Is; July, % 1897 22199a l25f@7 IN l7H.
Sc 35@6 4O@6 S5@6 40; July, IS 421506 4596 S715
cash quotauons were as Follows: Flour
red, 81 Ogl@1 G299SS. No. corn. 84ss6c. No. 2
oats, 24sSc. No. 2 rye. 43c. No. 2 barley,
nominal. No. l ra1seed, 81 5l@I 81 Prime tim
othy seed. 81 3S@1 40. Mess pork, per barrel,
Short ribs sides (oose]. S. 25@6 go Dry salted
shoulders (boxed). IS 5O@5 20. Short clear
sides tboxed), S6 50@6 6212. Receipts-Flour.
600 bushels: oars. l31, ,000 bushels; rye, none;
barley, 10000 bushels. Shipments - Flour,
5000 barrels; wheat. 5000 bushels: corn. "a, 900
bushels: oats. 10000 bushels; rye 1000 bushels;
barley. 2S,0 600 bushels.
On the Produce Exchange to-day the butter
market was slow; creamery, 18@24c; dairy, 100
21c. Eggs weak; fresh, 10@1lc.