Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-02
MARKETS BY WIRE.
A Batch of Bad Crop News Beoms the
Wheat Market-Prices Higher All
Round - December Still the
r.nt,, af Arr

II
cred wide range for July. with the other
futures not fuctuating quite SO wildly. Prices
ruled higher all round. July was advanced
IAc then declined lszc under rather free Offer
ings by prominent commission house, recov-
cred nc and closed Nc higher than Saturday.
August advanced &c and closed Nc higher.
September advanced lc and closed &c higher.
December, which is attracting more attention,
advanced l1sc. declined lc, recovered ndc.osed
xc higher than Saturday.
The principal influences governing the mar
ket were the reports of dry weather and un-
favorable crop advices from the Northwest,
and the rather free inspection here. Advices
we're received from various sources stating that
the crop outlook in Southern and Central
Dakota is very poor, and it has been intimated
that the yield may fall short @ OF iast year
ported in corn, and the feeling developed was
| comparatively firm. with the exception OF
short spell at the opening, when an easy tone
was due mainly to the active shipping demand,
cash lots selling at premium over July: The
State agricultural report was also looked upon
| as bullish factor. The market opened at
Saturdays closing prices. iuctuated within &c
range and closed Hc higher than Saturday.
In oats better trade was noted and a armer
feeling existed, especially in July. owing to
Mess pork was only moderately active Early
the feeling was easier and prices receded I15Q
lOc. Later prices rallied 5@711c and closed
steady.
A dull, weak feeling prevailed in the lard
market, due, chiefly, to the free deliveries on
July contracts. Prices declined 2hG5c early
IN the day, but during the latter part Of the day
the decline was recovered.
Rather firmer feeling was manifested in the
market for short rib sides. but trading was only
moderate. Prices ruled 212Q5c higher and the
market closed rather firm.
The leading futures ranged as follows:
WHEAT-No: July, SO5SQsl@7sH@ @S0ssc;
@7sAG7S34G7sc; December. SOss@slsz@so140
GoRN = No. 2 August. sas@sss@s5@ssSc;
septema6eT, S5ss9S55sGS5ss@S57zc; October. So1s
soxTsSSo; Asgpss ;2z2zsS22ssa22He22o'
oil y zs5lSli SO septenbe sii sC9G s25sS
II S561l 80
LARD, per 100 ns-August, s6 571l@6 571S@
S7zz@6 5716; September, Sc 671EG6 7OG6 66
SHORT RIBS. per 100 bs.-August. IS e71S
@6 0213@5 g1I@6 on; September, 50 027f@
071zG6 O216@6 O71l.
and unchanged; No. spring wheat s0A@slc;
No. spring wheat, 72G7Sc; No. 2 red, Sl19@
SIC. No. corn. S5sc. No. 2 oats, 22s4c. No.
seed. 81 459l 46 Prime timothy seed. 81 So.
Mess pork, per barrel, SlI 70Qll rs. Lard, per
100 pounds, $6 an Short ribs sides Qoosel.
IS 95G6 90. Dry salted shoulders (boxed), IS %
as 81. Short clear sides (boIed), s6 25QS S71f.
Sugars cut loaf. unchanged Receipts-Flour,
l2 600 barrels; wheat 5000 bushels: corn, 266 900
els: barley, 1000 bushels. Shipments-Flour.
II barrels; wheat 1872 600 bushels; corn. COZ 900
bushels; oats, $1,000 bushels; rye. none; bar
ley, none.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs firm
at 12Ql2Hc-
NEW YoRK-Flour firm and 5910c higher; de-
mand chiefly home. and fairly active. Cornmeal
az 75 wheat-spot irregular, lower and easy;
moderate milling demand; options fairly active
and H@Mc lower, closing weak. Rye firm;
Western. 5o@6lHc. Barley malt quiet; Canada
9OcGsl 05 for old and new. Corn-Spot moder-
ately active and steady; options fairly active
and easier. Oats-Spot stronger, with more de-
mand; options active and higher. Hay steady
Options opened steady. SOLO points down;
closed steady, unchanged, to points up; sales,
81, $50 bags including July, l370Ql39 80; August.
l4lO@l4 80: November. 4259ll35: December,
l4l59l44O; January. H20G435; February,
40; March, 425Ql450; spot Rio quiet
Raw firm and quiet; fair refining, nc;
centrifugals, $50 test, SIC; sales, 200 hhds Mus
covados, nc; 3,04O bags centrifugals, SIC; go
Sg n
quiet Rice steady and in fair demand. Cot
tonseed oil dull and depressed. Tailow stronger;
fay tES quiet and steady at a Eggs
quiet and easier; western, fs11@l$zc; receipts,
6226 packages. Pork firm; mess. $l3 25@l5 so;
eHsFs gr% s ds T%
pounds, SC; picked shoulders, 54c; picked
hams. .lls4@l2c. Lard easier and duik Western
steam, IS IS; city, s. 80; July, Sc 50; August
October, 81 G3; January, So 55@6 g. Butter
quiet and easy;Western dairv. log i4c; do cream
cry, 1S@l71Sc; do factory. 71{@l3c: Cheese un-
settled and quiet; Western, Tz@S11c.
M.
desirable grades of both spring and winter,
and prices ruled firm; Ohio and other Western
| clear, 81 25Q4 90; do do straight. 81 65@4 go:
winter patent fair to choice, IS OO@5 so; Mime
| sofa clear, $3 25Q4 90; do straight 81 50@5 25;
| do patent IS 00q5 60. Wheat firm, under small
supplies, and prices of spot lots advanced fully
lc, with fair inquiry from millers; options
nominally HGs<c higher in absence of specula-
ton; No. 2 red, in elevator. CSC; No. 2 red.
july, 8411GS5c; August. S41z@S5c: September.
S411QS5c. Corn-Speculation quiet and ex-
| port demand very moderate. but offerings
| light, and prices of options ruled steady; car
! lots for local IN good demand and shade
stronger; No. mixed, in grain depot and In
Twentieth street elevator, 4311Sc; No. high
mixed in do, 4Sl4@44c; No. mixed July, 421I0
4211c: August. 4aa15g499Nc; September. 42N@
shade easier; No. 8 white, Sl1zc; No. white,
| 3316c; futures quiet but firm; No. white,
July. 3a@3S1sc; August 328S2A4c; September.
new, sl4 90; do prime mess, sl3 so; do family
| Sl4 50Gl5 60 Hams--Smoked l2Q14c. lard
Western steam. S6 S7Q7 co. Butter steady but
quiet; Pennsylvania creamery, extra, l61f@
17c; do prints, extra, l9g23c. Eggs dull: Penn
| sylvania firsts, l51z@l6c. Cheese quiet but
steady; part skins, 6G7c.
ST. LoUIs.-Flour quiet and unclaimed.
Wheat--Cash lower and quite irregular: op-
tions opened at L6ssc decline rallied N@slc,
| then declined and closed about the same as
Saturday; No. red. cash, S6c for old and 79c
| for new; July, 741sc, closing at 74ss@7415c;
| August, T13@75c, closing at 74ss@74zc bid;
September. 76c, closing at I61sc bid; Decem-
frmer; No. 2 mixed cash, 3lc; July, Sic, clos.
| ing at Bic bid: August. 32G32lSc, closing at 31
| @321sc; September, 32s4@33c, closing at 33c bid
Oats dull; No. 2 cash 22szc bid; July, 221sc bid
25c bid. Rye dull and unchanged; No. 2 4Oc
| Flaxseed-Spot salable at 81 Is; same bid for
August and nearer delivery. Provisions steady
| l5Ql51zc. Coffee unsettled; fair, I7c.
family, IS 25@3 so; fancy, 81 0O@4 20. Whea,
scarce and firm; No. 2 red, 90c; receipts
none; shipments none. Corn higher; No.
mixed; d., SS@Ss55c Oats steady; No; mixed
| quiet at sl2 25 Lard barely steady at Sc 2211z
| @6 27%. Bnkmeats firm; short ribs, &C.
Bacon steady; short clear, &c. Butter steady
fancy creamery, lS@2Oc: choice dairy S@lOc
&c. Sugar in good demand; hard refined, 81
@s7sc: New Orleans, 711@SHc. Eggs heavy.
| Cheese steady.
NATURALIZATION in good demand Wheat
steady: cash. 1880; September, 7S1sc. Corn
quiet; No: 8 S1e Oats quiet; No 2white, 27N
2, SOC. Provisions easier. Pork. sll rs Cheese
unchanged.
ToLEDo-Cloverseed dull; October, a 90.