Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-17
MARKETS BY WIRE.

NJ AhhElD Dl lnG'
whcnt Weak at the Opening, but Works
Up and Closes with an Advance on
BuIiish Cabies-Onfs Feature.
Iess-Corn and Pork
Active.
| CHIcAGo-The wheat market was character
lied by fair activity to-day, and during
the last half of the session quite large
volume of business was transacted. IL was
chiefly local. however. and of the customary
scalping sort witnessed for some time past
Early cables reported American wheat as
tending down, which set the price Hc lower
here, and for an hour or SO after the opening
the undertone was one of weakness.
The dry, clear weather in the West with inoi'
cations Of higher temperature and larger re-
ceipts and better grading of the same than
| expected Isl per cent contract) also helped TO
depress the early market By slow degrees
prices began to stiffen, and as the session az
vanced they worked up by eighths. until gam
was made over yesterdays closing OF 15Uic'
| A prominent local operator purchased ireeiy
of both September and December, put un-
| loaded considerable OF the latter on the crowd
at ZG5Sc profit TO himself without percepupiy
weakening the market -.
Toward the close the temper became quite
as PrySts cables IS n1Iea d anS ad tSe puSic
ones quoted futures at little higher. Decem-
Der moved up to 7Sssc, and at the close was
| quoted at 7s1sc, net gain for the day OF nc
September made gain of lc, and seller tne
month Of &c. Guessing on the next visible
supply report is for an increase Of between 5O0-
600 and 10000 bushels.
in corn, and the feeling developed was steady
The influences on the market were largely local,
the operations of a large holder who purchased
considerable August and September having a
Strengthening influence. The market opened
at yesterdays closing prices, was easy Tor
time. but soon became frmer and advanced
&c, eased of a little and closed about the same
as on yesterday.
Oats were without feature.
Rather an active business was transacted in
mess pork at irregular prices. Early sales were
made at 5G7I%c advance, but weaker feeling
was developed, and prices receded l5Ql71sc.
Toward the close the market was stronger
again and prices 1 rallied iagl6c' but receded
The market for lard attracted less attention,
and trading was lighter. The feeling was
stronger and prices ruled 5@71zc higher, and
extreme figures were fully supported
The market for short ribs ruled steadier, with
only fair business transacted. Prices ruled
fully 215@5c higher and closed steady.
The leading futures ranged as follows:
WHEAT-No. 2 September .7615@7sz@761z
Sss; gs3s%ss7 Nas xsse.
se SSHS@ss oesSs.r sssssSsss SsssS
oATsSNo. September. 9os6@9Oh@ @2Oss@
SctPSsT Posx sgSSsc RsGs%esf g soo
o s2l<@s 65Gs 721S: October. s. s5gs 7oGs 57S
az 6715: January, 80 5O0s 659s 5O@9 CO.
LARD, per 100 ns.-september. Sc 1895 22x@
January, 8 s7X@5 &,SG5 sSg5 w, -
SHORT RIBS. per 100 bs.-September. s5 l21f
as I71@5 l211@5 l715; October: S lO@5 2O@
Cash quotauons were as folloW: Flour
firm and unchanged. No. 2 spring wheat
7sc; No. spring wheat, 7o15c; No. 2
2c S '' No, srye. &asss No. 20 barley. 0sso. Sc.
No. aaxseed. 81 221SS; prime timothy seed. 4sc
for new. Mess pork, per barrel. 50 7O@s 70.
@ gGs5S 50 20 Is Short D
tboxedj. IS 621lGS Is. Sugars unchanged. Re-
ceiptsIFlour, ll,oOO barrels; wheat, 1900
bushels; rye, 10000 bushels; barley, 1000 bush
els. Shipments-Flour, 1900 barrels: wheat,
1900 bushels corn. 2S40O0 bushels; oats, $4,000
bushels; rye, none: barley, LOCO bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs l415c.
NEW YoRK-Flour less active, weak and un-
changed. Wheat-Spot quiet and stronger: op-
tions less active, Hq1ae higher and firm; Rye
malt dull; Canada 9Oc0si 05 for old and new
Corn-Spot dull and easier; options quiet and
stronger. Oats-Spot fairly active; mixed
and steady. Hay strong, fairly active. Coffee
Options opened steady and unchanged to
points down, closed steady l5@2o points down;
id256lS4Sc: October, 1Sa5al6s6c; No.
$3.50: January. Ias0@isso; februarS.
I66Oc; spot Rio a shade easier. apd quiet: fair
cargoes, IS1Sc. Sugar-Raw steady and In
moderate demand; sales 4, 600 bags eentrlfugals,
firm and in fair demand Molasses-Foreign
nominal; New Orleans quiet. Rye quiet and
steady. Cottonseed oil quiet and steady. Tai
tine quiet and easier at 43lQ4SAc EGGS in
good demand and firm; western. 1611@17c; re-
ceipts. $3.50 packages. Pork steady. Cutmeats
dull; sales of smoked shoulders at SIC Lard
Options 466 points higher, less active and firm:
western steam, Sc so: sales, September Sc 556
81: October, s. 90; November, closing, Sc 81:
tras frmer; others EASY; western dairy sSI2izc.
do creamery, ll@l7c; do factory, S@l211c
Cheese in fair demand and firmer; western, 6
@7c.
PHILADELPHIA-Flourin in light demand and
shade lower, but the advance in Chicago pre-
vented any pressure to realize ana the market
subsequently ruled steady: though dull; No. 2
77c; No. 2 red, in do, SS15c; No. red, August
314@SS14c; September. s254@Syzc: October, SSN
@s4c; November, s4QSlXc. Corn-Option
ungraded mixed in Twentieth street elevator,
4411c; No. high mixed, in grain depot. 45c;
No. mixed, August, 43@43xc; September 4S
@4314c; October, 4S54Q44c; November, 44@441Sc
0ats-Carlots quiet but steady; old No. 2 mixed,
2sc; new No. 3lwhite, z9c; new No. white.
3l7Ic; old do, 3214@32He; futures dull: No. 2
white, August. 301ac; September. 291s@30l<c:
October, 304@30s4c; November, 3OZ@3lLc
Eggs firm; Pennsylvania frsts, l7c Butter
dull and irregular; Pennsylvania prints, extra,
2S@26c.
ST. LoUIs-wheat-Tbere was a steady ad.
vance and the market closed firm with Decem-
Der &c and May Nc above yesterday;No. red,
cash, 75c; August, 74Is@75c. closed at 75l<c
bid; September. 741S@7516c, closed at 75ISc;
December, 76ssQ771Sc. closed at TIC; year,
745Ec, closed at 75c nominal: May, Sl3S6S2c
closed at S211sc bid. Corn stronger; No. mixed
cash, 33c asked; August 33c; September, $500
3216c, closed at 321sc asked; October 325zc;
December, 3lszc, closed at 3l5zc bid; year. 3lS{c.
Oats steady; No. cash, 1S1s@l9hc; Septefn-
Der, le1sc; August, lsc bid; May. 23z@23%c
Rye quiet; No. 2, cash. 2Sc bid. Flaxseed firm;
cash, 81 %; September, 81 l9.
C1NCINNATI-Flour barely steady. Wheat
frmer; No. red. 7611@7c; receipts. 2l,OOO