Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-17
MARKETS BY WIRE.
A Tumble in the Wheat PIT, Which Mar
rowIy Escaped Being a Bad Break
Copr axvar md Oors Eosiar-

Tumble in the Wheat PIT, Which Mar
rowIy Escaped Being Bad Break
| Corn Lower and Oats Easier-
hog Products Stronger.
CHICAGo.-The wheat market was rather
dull to-day, and for a greater portion OF
the session the feeling was weak. Bear SEN
| timent seemed to predominate toward tine
close. in fact. and as result of the days oper-
ations net loss in futures of 14@54c was estab-
lished. In the trading pit the crowd felt pretty
friendly to wheat at the opening, and IN the
early dealings prices moved up BQAc. The
feeling of strength soon gave way to one Oh
decided weakness, and for the remainder Oh
the session the bears were on top.
That there was not a pretty sharp break In
values was probably due to the narrowness Oh
the market and to the very good buying by a
prominent local operator when the market was
dragging around the bottom. This same
operator was the largest seller to-day OF year
wheat it was said, on the floor. The North
west sold considerable May here, and news
from that part of the country was less bulllsh.
New York gossip was bearish, but operators
there were said to be conservatyely lncIlneu,
owing to the poor grading of the receipts
A good trade was witnessed in corn, anu the
feeling prevailing was but continuation OF
that developed the latter part OF last week
transactions being at still lower prices. The
speculative market opened heavy at Satur-
days closing prices, and under free offerings
declined 19@5sc, the new crop futures showing
the greatest weakness. The market then
ruled quiet and irregular, closing with the near
futures 1493sc and the distant deliveries 9sV
7ac lower than Saturday.
The near futures In oats were quiet and
Mav u-aC
clined &c. Longs were free sellers. Consider
able short selling was also Indulged in, and the
feeling most of the session was heavy.
Rather more strength was developed in pork
and prices ruled higher, especially for the near
deliveries. Shorts bought few lots, and as
the offerings were small they were compelled
to advance their views 25@35c. Deferred de-
liverieS were stronger and prices were slightly
advanced, but not fully supported.
Only a small trade was reported in the lard
market, and the feeling was stronger. Prices
ruled about 21ac higher, but fully supported
to the close.
A little more interest was manifested in the
market for short ribs, and trading was little
more active. Prices ruled 215@5c higher, and
the market closed comparatively steady.
The leading futures ranged as follows
WHEAT-No No 2oeto6eT Z 77Ss@I77sg g761a@761se;
G771s976l4 4@76114c: May. S255 @S253ssaSI5s@ s@s2hc.
CoRN-No. Z October, 323s 3s@325sGS2114 493214c;
November, ,S23sa323s93l5sG52c; May, Si14@
o414 Q o5%s sgoo24c.
,oS UATsZS0 October, l92S@ls4e; December;
2215c.
MESS PORK, per bbl-october. $40 9o@
II 2S9lO 9OGll 20: November. SO l5@9 4SG9 10
@g S113; January,s9 I716@9 25@9 lIz3q9 %
LARD, per 100 bs.-October, S. 921aG5 W;
Noyemher,s5 1895 SO@5 1895 80; January,
50 1895 ~.
SHORT RIBS. per 100 fs.-October, 81 S715@
4 1904 S5G4 S713; November, S4 65Q4 6Z7a;
January, 81 65d4 s.
Cash quotanons were as follows: Flour steady
and unchanged. No. 2spring wheat, 761le: No:
3 spring wheat, 62G65c; No. 2 red, 76l4c. No;
corn. S214c. No. 2 oats, l91sc. No. 2 rye, 42c.
No. barley nominal. No. ! daxseed, 81 q.
Prime timothy seed, ST 80. Mess pork,
per bbl. slI l0@ll 20 Lard. per 100 pounds,
S6 OO@6 O2116 Short RIB sides (loosel, S 05@5 10;
short clear sides (boXed), 50 2oG5 SI13
Sugars unchanged Receipts-Flour. $4,000 bar
res; wheat, l2S0O0 bushels; corn. BIG 600 bushels;
oats, $4,000 bushels; rye, 5000 bushels barley,
5000 bushels. Shipments-Flour, 2S,OOO barrels;
wheat l55 600 bushels; corn. SlS0 600 bushels; oats
3S5 600 bushels; rye $4,000 bushels barley, 5000
bushels.
On the Produce Exchange to-day the butter
market was fairly active: fancy creamery, 2OR
G2ic; fine, l5@l6c: finest dairies, l6GlSc; fair
to good, 9Gl0c. Eggs, l6c
NEW YoRK-Flour moderately active, heavy |
and 5@l0c lower. Wheat-Spot dull and |
weaker; options dull, closing weak at 5s@34c |
under Saturday. Rye dull; western. 4SG5012c. |
Barley quiet; Canada, 75c asked. Barley malt |
dull; Canada, S5@95c. Corn-Spot fairly active, |
Oats-Spot quiet and easier; options dull and |
weaker. Hay weak and quiet. Cotfee-Op- |
tions opened steady at 2O@25 points up and |
closed barely steady at l5@20 points up; |
sales 81 500 bags. including September, 1860 |
l6.l0c; October, 16.056l6 10c; November, 16l0Q |
l6.l5c; December, l6l0Gl6l5c; May, l6l5@ |
l6.20c: spot Rio strong: fair cargOes 1890. |
Sugar-Raw very strong; sparingly offered: fair |
refining, 5c; centrifugals, s6o test SIC: refined
1rm and in good demand. MnlaSses-Foreign |
nominal: New Orleans dull. Rice in fair de- |
mand and steady. Cottorseed oil quiet. Tallow |
dull. Rosin quiet and steady. Turpentine |
quiet andEsteady at 47G471@c. Eggs quiet and
firm for best fresh: western fresh, 1S36Ql9c; re-
ceipts 6,l26 packages Pork steady and quiet;
mess. inspected, So 25@l2 10; do unlnspected,
Sl2 %; extra prime, $40 25@l2 So Cutmeats
steady; picked bellies, SIC: picked shoulders
&c; picked hams, l05sQllc; middles steady
sales western steam, S6 1895 40 closing at
S. 3T1a; September, S6 50; October, Sc 2S66 so:
November. s6 1906 Is; December, S6 l4@6 Is;
January, Sc Is, closing at S6 l5@l IT, February
tirmer; western dairy. 90l21fc: do creamery, IL
@2l13ci do factory. 71SQl2c. Cheese higher and
quiet: western, 6349SC.
PHnADELPHIA-r1our fairly steady but
dull; western winter clear S4 OO14 25: western
winter straight. 81 .564 so; firm at 81 5O@5 90:
Minnesota clear, S3 5U0i 90; Minnesota straight.
a 25G4 %; Minnesota patent SIS O005 35
Wheat weak and lower; steamer No. 3Ted. in
export elevator Csc: No 2 red, September. 800
I91ac; October, 791&@S0c; November, Sl@Sl15c;
December, S211@24c. CONCEPTIONS lower;
;ar lots fairly steady: No. mixed in grain
lepot, 4l13c; No. yellow, in grain depot 42c;
No. mixed, on track, 42c: No. 2 mixed, Sep
ember, 408@4ll4c; October. 401S@4lLc; No
Tember, 4O19@4l15 December, 401594l%c. Oats
for car lots moderate, but prices
we'll maintained; No. 2 mixed, 231%c: No 3
white, on track, 24@241&c; No white, 26c:
options quiet but steady; No. 2 white Septem.
yer. 26G2615c: October 271I@271Sc; November.
Sl4@2S34C; December, 29G29lc Provisions
Iobbing quietly at firmer rates Lard-West-
rn steam, S6 62G6 70. Butter firm for high
,rades, which are scarce and wanted; Pennsyl-
-ania creamery. extra, 2lc; Pennsylvania prints.
Xtra, 24G27c. Eggs firm and in good demand
or fresh stock; Pennsylvania firsts, 2lc Cheese
airly active at full prices: part skins. 5@7c.
}eceipts-Flour, 1,600 barrels; wheat. 252OO
ushelsi corn, 23.200 bushels; oats, $500 bush
ls Shipments-Wheatl 5000 bushels; corn |
{, 500 bushels; oats, $500 bushels.
ST. LoUIs-Flour quiet but steady and un-
hanged. Wheat opened firm and advanced
4@$sc on small offerings and sharp demand.
7eakened off later and closed &c below Satur-
ay; 2 red, cash, T719c bid; September 775l@
PC, closed at TIC; December, 775S@7S%c |
losed at 7S1sc; May S2@S215c, closed at |
21sc. Corn lower; No. mixed. cash, 251Sc;