Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-01
MARKETS BY WIRE.
The Visible Supply Statement Worked as
Bull Card in the Wheat Pit-A Strong
and Active Closing at


Bull Card in the Wheat Pit-A Strong
and Active Closing at
Higher Prices.
CHICAGo-Speculative trading in wheat was
fairly active but spasmodic to-day and not as
large as witnessed on some days recently. The
opening was firm on the early cables, it being
expected too thatthe wet weather in the North
west would retard the movement. Later the
market advanced slightly, it averaging higher
than saturdays closing all the forenoon. 1t
was generally expected that the visible supply
increase would show in the neighborhood OF
100000 bushels and this had tendency to
check reckless buying, but it was noticeable
throughout that the bear element was equally
conservative, and that speculative offerings by
the crowd generally we're light The largest
individual selling, perhaps, was by local
house with foreign connections which put
100000 bushels of December at around S21sc.
Another item quoted by the bears was that
farmers deliveries United Kingdom last week
were l,950,000 bushels at an average price of
29s lid. as compared with 100000 bushels for
the previous week at an average price of 29s 3D.
Information was received toward the close also
that big movement of wheat has started this
way from the Northwest. The market de-
ply figures were finally posted. as the increase
was only 656, 900 bushels, materially less than
expected. Trading was animated and the
market very strong in tone during the last
hour. final closing figures being within &c of
the extreme top and 2sg1sc higher than the
latest quotations of Saturday
A fair speculative trade was witnessed in
corn, and the feeling developed was rather
easier, trading being at slightly lower prices
Transactions consisted chiefly in changing
70 +ha rnnnr orfd 1iuor rias l1fnn
widened the premium of May to 25S@25zc. A
prominent local trader was a moderate seller
of September. The market opened at about
Saturdays closing prices, was easy and gradu-
ally sold off A@Ssc. the near months show
ing the greatest weakness. and closed with May
a shade higher and other deliveries Hc lower
than Saturday.
Oats were steadier, with a fair volume of
business in October and May, but very little in
other deliveries.
There was little more doing in pork. Early
prices ruled easy, but later were stronger and
prices advanced l219@l5c, closing steady.
Trading q IN MA lard was only moderate. Prices
declined 213@5c.
A fair trade was reported in ribs, and the
feeling was easy. Prices averaged about 275c
higher.
The leading futures ranged as follows:
WHEAT - No. 2. October. Sl@Sl%@S015@
S1ssc: December, S234@S3ss6S26S31sc year S0I
@S116@SO1&@Slssc May. S514@S6a I@S5s4c.
CoRN-No. 2 October. Slss@Slss@3l@3l1sc;
OATs-No. 2. October, 1914 49l915@1914@l9ss
223lc.
MESS PORK, per bbl.-october. Sll 25@ll 50
oil 200l1 IS; November. SO 6O19 7715Q9 60@
96O: January. SO 221S69 8215G9 2O@9 25.
LARD, per 100 Bs.-October, S6 OOG6 90; No
yember $ s715@5 sO&5 S71z@5 81; January,
SHORT RIBS. per 100 bs.-October, 81 S715
"a 9O@4 S5@4 S715; November, 81 S21@4 S5@
S219@4 IS; January, 81 1904 70.
Cash quotarons were as follows: Flour
oats. 3l1sc. No. rye. l9ssc. No. 2 bar
ley, 4l1Ic; No l faxseed. nominal Prime tim
Lard. per loo pounds, S6 0715@6 66. Short RIBS
sides Qoose), S. co. Dry salted shoulders
(boxed). s5 5O@5 621z. Short clear sides tboxed,)
s. 5O@5 6ST; sugars-Cut loaf, unchanged;
bushels; corn. $50, 900 bushels; oats, 10000
bushels: rye, 2l.00o bushels; barley, 5000
bushels Shipments-Flour, 2l,000 barrels;
wheat, 1900 bushels; corn. 99l, 600 bushels:
oats. $1,000 bushels; rye, g. 600 bushels; barley,
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 1910.
NEW YoRK-Flour unsettled. moderately &C.
tive, closing steacier. Cornmeal-quiet, weak.
Wheat-Spot, unsettled and moderately active,
closing firmer: options fairly active. and irregu
lar; closing firm at L@3sc over Saturday. Rye
dull;Western. .4S@52c. Barley quiet Barley malt
dull. Corn-Spot, active and sc lower: free
sellers; options more active, 1S@5sc lower and
heavy. Oats-Spot active and stronger; options
frmer and fairly active. Hay firm and quiet:
Hops easy and quiet. Coffee-Options opened
steady at 5@l5 points up, closing barely steady
at 10920 points up: sales, $1,000 bags, including
October. 10. 75@I5.90c: November, 1850 5S5c;
December, l575@l59Oc January. l5.75@l5, ,90c;
I5SO6I59Oc: spot Rio strong; fair cargoes,
1880. Sugar-Raw steady and quiet; refined,
steady and in moderate demand. Molasses-
Foreign nominal: New Orleans dull. Rice
32c; yellow, S715@40c. Tall0w quiet; city, 81
for packages; 415c bid. Rosin steady and
quiet Turpentine firm at 4S94S15c. Eggs
frmer and in moderate demand; western, fresh,
2316@24c; receipts, 6,443 packages. Cutmeats
firm: sales bellies. u pounds average,
65sc; picked hams. u pounds, lO3Sc. M1ddes
firm; short clear s. %. Lard firmer; moderate
demand; sales western steam. s6 5716@6 80.
closing at S6 go: c. & F., s6 1906 45: October.
Sc 45@6 81, closing at Sc 81; November, Sc 80,
closing at S6 "a bid; December Sc 1896 q.
at S6 2S: February, Sc 3266 "a, closing at S6 SO:
March, Sc S666 81, closing at S6 50 asked, But-
ter in moderate demand and firm; western
dairy, 9@l4c. Cheese held higher.
PHILADELPHIA-r1ou moderate.
bur prices firm; western winter. clear, 81 OO6
4 %: western winter, clear. strait, 81 1904 S.;
Options quiet and closed L@3lc lower.
No. reds september, S2dS216c; Octo-
bel, ,S2@S215c; November. S3@S315c: Decem-
Der, S415@S5c. Corn-Options declined L6%c,
but the market was wholly nominal; car lots
demand slow and prices favored buyers: No. 8
low mixed, in grain depot, S914c; No. 2 mixed,
in grain depot 4O1494O1ac; No. 2 high mixed,
in Twentieth-streeJ elevator, 4Gc: do track
4l15c: No mixed. September. 391504OLLc: Oc-
tober, 3919@4014c: November, 4015c; December.
396391lc. Oats-Car lots steady, but demand
light; No. white, 251lc; do prime, in gram
depot 26c; No. white. &c; do choice, 2715c: do
on track, 271@c: futures dull and shade easier;
No. 2 white, September, 261S027c: October. 26J5
627c; November, 273z@2sIC; December 2SSz66
291lc. Provisions quiet and steady. Pork
Mess, new, S11 50@12 CO.; do prime mess, new.
sll 90: do family Sl2 50@l3 So Hams-Smoked'
ll15@l31Se. Lard-Western steam Sc So Butter
firm: Pennsylvania creamery, extra, Csc; do
prints, extra, 29@32c. Eggs strong; Pennsvl-
vania frsts, DC. Cheese firm; part skins. IA
Size Receipts-Flour, 400 barrels; wheat,
900 bushels: corn, 81, 400 bushels: oats 81 500
bushels. Shipments-Wheat $500 bushels;
corn, Is, 900 bushels; oats, "a, 400 bushels.
ST. LoUIs-F1our quiet, demand and busi-
ness light Wheat cash lower and unsettled:
options higher; receipts were not up to expec-
tations, and, with advances elsewhere, the |
market opened strong and nc higher, later
there was a Decline then rally followed and
the close was 5sG34c above Saturday; No 2 red.
cash, 79c bid; September. T914@S2c closed at |