Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-18
MARKETS By WIRE.
A Quiet Feeling In the Wheat Pit, With
Small Fluctuations and Light Trad
fng-A Kick Against Grading
Other Commodities Slow
aud Tame.

! the leading futures the market hung sluggish
and characterless all the forenoon within the
range of 7S5Sd7S5sc for December and S214G
S2l5c for May. There appeared to be no pres
sure to sell from any quarter, and at times both
the demand and offerings where so small that
business in the pit was at complete standstlll.
News was scarce On the bEll side the most
impnrtant items were the reported decrease for
the week in the quantity of wheat and -four on
ocean passage of 1, l6S. 600 bushels the smaller
| receipts of wheat in the Northwest, and the
light estimates for tomorrow at this point.
The miseraby poor grading of current ar.
rivals is attracting widespread attention. and
there does not appear to be many people in
| the trade here who can offer a satisfactory
explanation of the existing state of affairs.
Out of S72 cars inspected to-day there were
only seven of the contract grade, or less than
| . per cent. No one doubts the existence of
some No. wheat in the country somewhere.
| but the question is when it will be marketed.
At least one line of December shorts was COW
cred to-day TO the extent of about quarter of
a million bushels by house with foreign con-
| nectons. 1t was said that this buying was
| done wholly on the inspection showing
ASIAN offset to the bullisli'nfuences enumer-
| ated was a continuation of the light export
and Indifferent tone of the cables, public and
private. Good support was given wheat here
| by prominent operator, who was persistent
and steady buyer on all the weak spots. FlnaI
! closing prices were little under the extreme
| outward range but there was a net gain over
| yesterdays closing of LdAc.
A fair speculative trade was reported in
corn and the feeling developed was somewhat
firmer transactions being at slightly higher
prices. The market opened 1s@14c better than
! the closing prices OF yesterday, was steady for
a time, then advanced &c, ruled weaker, and
| closed a shade better than yesterday. The
better tone was due to the general change in
| the weather and smaller estimated receipts,
| which started local shorts to covering, but at
| outside prices offerings were quite heavy, and
| the full advance was not sustained.
Oats were traded in moderately and steady
feeling prevailed, but price changes were very
slight.
In mess pork a fairly active trade was re-
| ported. October delivery showed more
! strength, advancing 254S0e, but other deliv-
| cries were easier, and changed hands at l21s@
l5c decline,
Not much interest centered in the lard mar.
ket, and trading was limited. Near deliveries
were comparatively steady. but deferred deliv-
cries were easier. and about 21zc lower.
In short RIB sides only moQerate trade was
reported Prices ruled 215@5c lower on the de-
ferred deliveries, and the market closed Qulet.
The leading futures ranged as follows:
WHEAT-No. 2 October. 769s9T@765z@76Ic;
December, 7S19@79@7S15@7SSIc wear, 1870
gT1S54976]l @765sc: Mag. 81 $@S21s sGS2IE GS27Sc
~ Oh-' -'O. = OStoOtl, Sgo132l 15222 sG522sc;
November, S211s@S2$ssQ S2@S2c December, 3i%
@52G3l55 55sG5l5sc; May, S333 G0S4Is 933sI I6S33;c.
OATS-No. :, October 1890 1917 a i9sSd i9sSc:
December. I9s4@l951Ql955 sg1955sc; May, 22%@
rs q2219@2215c.
MESS ld PORK, per bbl-October. sll 25@
II II oOgLI lOGll 22z9; November. SO 1929 4O@9 20
az p; January, So l5d9 2O99 lO69 10
LARD, per 100 bs.-October. IS qOG5 90:
November, IS 75@5 S065 75G5 ~: January
s. 75@5 1905 759 5 IS.
SHORT RIBS per 100 fs.-October, 81 $50
: SSg4 S21aa4 S215; November, s. 6N@4 671f@
4 6O; January 81 65a4 6594 6211514 6211a
Cash quotatons we're as follows: Flour steady
and unchanged. No. spring wheat 761lc: No.
3spring wheat, 6SG6Sc; No. z red, 1910. No.
corn. S254c. No. oats, 1876. No. 2 rye. 4l5lc.
No. barley, GOG65c. No. / fiaxseed. 81 29.
Prime timothy seed, 81 50. Mess pork.
per Dbl. slI 2O9ll 25 Lard. per 100 pounds.
dry salued shoulders (boxed), 81 3715@4 so;
short clear sides (boxed). S. 25i5 S7H.
Sugars unchanged Receipts-Flour, 1900 bar
res; wheat, l25 600 bushels; corn 4l5 900 bushels;
oats, 25,OOO bushels; rye, 10000 bushels; barley,
5000 bushels. Shipments-Flour 1000 barrels:
wheat IA 600 bushels: corn 424 coo bushels; oats
2S5 600 bushels; rye, 5000 bushels; barley 49, 600
bushels.
On the Produce Exchange to-day the butter
market was active; fancy creamery, 23c; fine.
l59l6c; finest dairies, lSGl9c: fair to good, 90
NEW YoRK-Flour fairly active and weak.
Wheat-Spot dull andirregular, closing steady:
options moderately active, KGKc higher and
steady. Rye unsettled: Western, 47@5l15c
Barley dull. Barley malt quiet Corn-Spot
moderately active and weaker. closing steady;
options fairly active and irregular, closing
weak. Oats-Spot more active and trmer; op-
uons moderately active and frmer. Hay quiet
and easy Hops weak and dull Coffee dull:
options opened duh and unchanged at lO@l5
points down and barely steady at 3O@35 points
Ia15al5 soc: October, 157O6l6c; November,
l9.i5Gl6c; December. l5SO0I6l0c; January.
ioS0gltlOc: February l5SOc; Decem.
Der. l5SO9l6lOc; January. l5S5@i6 10;
Ee6TgaIy "a &l5SO4 1000; March, 24S5@l6l5c May,
fair cargoes 1896. Sugar-Raw quiet and
firm; far refining, 54@57sc; centrifugals,
S6' test SIC; refined in fair demand
and firm. Molasses-Foreign nominal: New
Orleans quiet. Rice steady and in fair de-
mand. Cottonseed oil quiet. Tallow lower: city
(s2 for packages) at 1894 ll-l6c. Rosin steady
and quiet. Turpentine quiet and irregular al
4Is4Q4S14c Eggs in fair demand and firmer:
western fresh, l99l9&c; receipts, ASS pack
ages; Pork unchanged. Cutmeats frmer; sales
picked bellies, u pounds 6s1c: 10 pounds, sc:
L5OO picked shoulders. 4 &c: 1OCU picked harris
lGI1lO13c; middles quiet; short clear, S. s.,
Lara easier and quiet; sales western steam,
So 35Q6 511&. closing at S6 35; % tierces city'
s. 90; option sales, September S6 2S96 80. clos.
ing at S6 3O36 81; October, s6 2f6I6 SS: Soyem-
her, S6 1896 Is; December, Sc 1906 Is; Janu-
ary, S. l496 Is; closing at S. l4@6 Is; February,
s. Is. Butter-Fine active and firmer; western
dairy, 9Ql2c; do creamery, u62O1ac. Cheese
strong and quiet; western, 62s@Sc
PHILADELPHIA-Flour quiet. Wheat steady
but quiet; No. ? red, on track. SIC: No 8 red in
export elevator. 72c; steamer No. red in ele-
No. 2 red, September. 7S5z679c; October. 7s3<SD
Soc; November. Sl6Sl1Ic: December. S2I58
S25sc. Corn-Options steady but quiet; car lots
quiet; No. 2 mixed, in grain depot and
yellow, in grain depot 42c; No l yellow, on
track and in Twentieth street elevator, 4216c:
No. mixed, in export elevator, 4lLc: No
mixed, September, 4034@4llIc; October, 4Osl0
4iAc; November, 4l@n13e; December, $500
4015c, oats-Car lots steady but demand light;
No. mixed 23c; No 8 white, 2462415c: No. 2
white, 2619G2634c; No white September. 266D
2615c: October, 27l4@271zc; November, 2SA9
2S5sc; December, 2912924c. Eggs firm and in
good request, Pennsylvania frsGs, 2lc
ST. LoUIs-Flour firm, but UNCHANGED
Wheat better. Trading was light, but demand
equal to offerings and the close was 1SDIIc
above yesterday;No.2 red, cash, ,7711lc;September
closed 7I1sc bid: October, 763lc bid; December
demand to speak of; No. 2 mixed. cash, 29I%c
asked; October, closed at 295zc bid; Novem-
her. 2yJsc asked, December 29c asked: wear.
9S24c asked; January, 2G24 bid; May. 3OH@Slc |
May; 2233sc; October. lSc bid; November, ISIIc:
December, IS3zc bid. Rye nominal at SIC, |
Barley very quiet; Iowa. 5Sc. Flax higher at |
81 Sc. Provisions generally steady.
MILwAUKEE-Flour dull. Wheat steady; |
cash, 723zc; October, 7Sc Corn quiet; No. g. 81 !
25c. Rye firm; No. !, 42]ac bid. Barley frmer;
No. 2, September in store, Sc. Provisions |
firm. Pork-Cash Sll 20; October Sll 22I5, |
Lard-Cash, s. 95; October, s. 95. Cheese