Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-18
MARKETS BY WIRE.
Sensational Stories Circulated in Ihc Wheat
Pit, but They Fail to Disturb Prices
Corn Weaker and Oats Firm.


/ CHICAGo-Wheat-Af fair speculative busi-
ness was transacted to-day, but trading was in
spurts, and most of the session the market
ruled quiet The feeling was little unsettled,
| though the impression was that prominent
| trader has been selling as much as possible on
the quiet and this created rather weaker
feeling in the December future than the May,
| the latter again commanding wider premium.
The market the past few days has acted queer
| ly, and operators don't know just how to
| take It.
| The opening was about the same as yester-
| days closing. and prices were advanced
slightly, then declined 11Sc for December and
| s4c for May, improved again, and closed at the
same as yesterday. The export movement for
the week was the largest for many days and
| gave hope and encouragement to the bull inter-
| est, but outside speculation seems to be lack
| ing. The exports of wheat and -four from both
coasts for the six days were reported az 2,59l,-
| 600 bushels, against 2131, 900 bushels the
previous week and 20S2, 900 bushels the cor
respoding week last year. Minneapolis re-
ports large demand for -four there, and sales
| of S. 900 sacks
On the top or this came the report that three
mills had shut down in St Louis One reason
given for doing SO was that the mills could not
| Sell their Hour; another, that it was owing to
| scarcity of wheat, and still another dispatcn
said that only one mill had shut down. and that
only temporarily to make repairs. and TO cap
the climax dispatch was received stating that
45OOO sacks had been sold there for shipment.
The receipts in the Northwest continue lib
eral, aggregating at Minneapolis and Duluth
100000 bushels larger than last weeks arrivals.
1t is estimated that the visible supply will show
an increase of about 1,0O0.000 bushels Euro
pean markets were quoted steady and firm.
Corn was fairly active and weaker. especially
the near deliveries, which were offered quite
freely and lower prices were established. The
easier tone was attributed to clear and cool
weather and prospects of larger receipts. The
approaching close of navigation. together with
| the expected larger movement, increased the
offerings of December and January, and there
was general widening Of the premium of
May over these deliveries. The market opened
shade under the closing prices of yesterday
was weak and gradually declined nc for the
and closed with December and January sE@19c
and May H@L4c lower than yesterday.
Oats were quiet and easy early, but later be-
came steadier and closed firm. There was lib
eral selling by scattering holders, but good
buying by shorts, especially those who have
sold May against holdings of cash property,
but having disposed of the latter, were anxious
to cover their trades. Their purchases gave
the market what little strength it had.
Mess Pork-There was rather more trading,
yet confined within moderate limits; prices
ruled l091213c lower on the deferred deliveries,
while the near deliveries showed little change.
Lard-The trading was moderate and the feel
ing easy. Prices were 5@773c lower for NOvem-
Der, while the other deliveries were compare
lively steady.
short Rib Sldes-NOt much trading was re-
ported.
Inc leaQl0g ranged as 1OlOWS: k
WHEAT-No. 2. December. s2ss@S2sS@s1H
Si5c; I May. jl@S5gS9sl%@S555c. la~
CoRNmNo. z December; S2Ss2gS2H HgSS225gc;
year, 90 Slssc: January 3l7lg8IhGSlhgolAc;
OATs9No. z December, 2O@2Os6@2o@2O75c
Jannary; JAM 2o1l@2C1l@2O1s02O1sci May 2211@227S
MESS MESS PORK, per bbl-Year, SO 1899 2O@g Is
90 20; January, SO $500 3599 25@9 2772; May,
50 $500 65@9 5771@9 so, -
May. s6 O5Q6 O5@6 O21SG6 Oh.
SHORT RIBS, per loo Bs.-Year, S4 S5@4 $50
S504 50; January 81 7779@4 7715@4 75@4 7517;
Cash quotarlons were as follows: Flour firm
and UNCHANGED. No 2spring wheat.Sl1l l@8lssc:
No. 9 spring wheat Csc; No. 2 e. red. size;
rye, 20A@202Sc. No. barley, 45c. No fax
seed. SIC. Prime timothy seed, 81 80: Mess
Es goEk per bb 50 20 .,d Lard per 100 lbs os
Dry saited shoulders Iboxedj. unchanged
Short clear sides (boxed), unchanged.
Sugars unchanged. Receipts-Flour, 22OOO bar
rels; wheat, $4,000 bushels: corn 40 600 bushels;
$1,000 bushels. Shipments-FlouN q, 600 bar
rels; wheat lO9 900 bushels: corn. $1,000 bushels;
oats, 2lS,OO0 bushels; rye 5000 bushels; barley.
On the Produce Exchange to-day the butter
market vas unchanged. Eggs unchanged.
NEW YoRK-Flour unchanged. Cornmeal
steady Wheat-Spot quiet and weaker;
OPTIONS fairly active, 1s91zc lower and weak.
extra No. 2 Canada on private terms; quoted |
at 6OG62c; Western, 50@65c. Barley malt |
quiet; Canada, 711c Corn-Spot moderately |
active. A@71e lower d ana %eak; SpslOns
active and stronger; options active and higher. |
Hay quiet and steady; shipping, 40@45c: good |
to choice. 65@S5c COtfee1optiO5s opened opened
barely steady at lO@30 points up; the political |
news from Rio causes considerable excitement |
and tends to restrict business in spot goods |
pending Developments; sales, 81, $50 bags, in |
cluding November, 165OQl5 65c; Decem-
Der. l55O@l5.7Oc; January. l550@15.70c; Feb |
Tuary a6g,- i56Oc; March l5255@l675c 55 APril
@I5.7Oc; July. l65O0l5.65e: August, 1850 /
1850; September, 15.25@@l5.40c; October,
l5.2Oc: spot Rio held higher, light offerings, |
Raw GsffGGGf SefGG rmy G SGd oHiet fair ref renngs &c
bid; Centrifugals. 06o test, SIC bid; refined
firm and active Molasses-Nev Orleans
fairly active; open kettle good to fancy, 4SG52c;
old, 28946c. Rice fairly active and steady; do
nestle. 47@61sc; Japan, 41sQ414c; Cottonseed
oil dull; crude, 29c; yellow, 35c. Tallow easy;
city tS2 for packages). 4asc. Rosin steady and
quiet; strained, common to good, ll75c. Tur-
pentine rominal. Eggs quiet, fresh steady;
western, 23024c. Pork quiet and steady
Cut meats light demand; middles slow. Lard
November, So 81; December, s6 26; January
S6 26; February, S6 30; March, Sc &Q6 S6.
Butter fresh in fair demand and firm;
Elgins, 26E92615c: western dairy, 90l7c; do,
creamery, l3@25c; do held l2Ql8c, do, factory,
772@l27Sc. Cheese stronger and in moderate
demand, western, 715@10c.
PHILADELPHIA-Flour steady, and in fair
demand. Wheat-Options wholly nominal;
car lots steady; No. red. November, 801z081c;
December, 81sz@s21lc; January. S23GS51lc;
February, 83s4@S41zc. Corn weak and prices
of portion declined about Nc; car lots firm;
No. high mixed in Twentieth street elevator,
4lc; ungraded mixed, in grain depot, 42c;
No. 2mixed, 42c: No. 2 mixed, 44@45c. Decem-
Der. 395404O1Ic: January, 8915@40c; February,
3934@40c. Oats-Car lots steady; sales No. 3
white. 2Sc; do prime. 2S1zc: No. white, &c;
do choice 2915c; car choice clipped, ,33c; futures
quiet but Arm; No. 2 white, November. $50
February, 2915030c Provisions steady and in
fair demand Hams-Smoked per pound, l0159
l2c Butter steady and in fair demand; Penn
sylvania creamery extra, 25c; do print extra,
S0Q33c. Eggs quiet and irregular; Pennsyl-
vania firm at 26G1Nc. Reeeipts-Flour,. 800
barrels; western l8 200 barrels; corn, 200 bush
els: oats, 4,l00 bushels. Shipments-Wheat,
1900 bushels; corn, 1900 bushels; oats, Il 800
bushels.
NATURALIZATION dull. Wheat weak; cash
15@77c; May, 791Sc; No. l Northern, S2c. Corn
steady; No. old, 3213Q33c. Oats steady; No.
swhite, 2S1Sc. Rye firm; No. /, HQ471@c. Barley
. 65 Lard. IS 90. Cheese steady; cheddars,
9G916c.
DEMONSTRATORS steady. Butter firm;
creamery, 24@25c. Eggs firm: western, zJc.
Johee unsettled by Rio news; Rio cargoes fair
It l9111c.
ToLEDo-C1overseed active and steady; cash
~ ., M -. n. q