Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-31
MARKETS BY WIRE.
All Quiet In the Wheat Pit asd Prices n
Little Lower-Bearish Influences Too
Powerful 60 be Overcome-A
FIurry In Mess Pork.


in provisions detracted largely from the inter
est in wheat and most Of the professional
traders in the latter held very pronounced
bearish views. Bearish influences dominateo
the pit in fact from first to last, and SO largely
in excess of the demand were the offerings
that il looked at times as though the market
was going all to pieces. 1t was chiefly one-man
power that held 1t, the purchases OF December
at 7s5zc to 75c by prominent operator aggre-
eating million bushels according to his own
statement tastf
The weather and public cables again worked
together in favor Of lower prices Liverpool
noted decline of Id in spot wheat and "a In
futures, with the market dull Flour was also
reported Cd lower, and London cables were OF
similar import Paris alone showed improve
ment in values for breadstuffs. Outside domes-
tic markets were tending down, New YORK
leading in the weakness The cash market
here was less active and aver aged hQAc lower
scalping order all day, and closing prices 1or
futures were squarely on the bottom. BASED
on yesterdays closings there was net loss OF
5E4Zc on deliveries beyond August
A good speculative and fair shipping busi-
ness was transacted in corn. The feeling de-
veloped was but a continuation Of that which
tions were at still lower prices The exceptional.
ly fine weather and the continued liberal
receipts are the chief "bearish" influences
which affect the market. The market opened
L3Lc lower than yesterdays closing prices,
eased off &c, ruled steadier and closed fz@ssc
lower than yesterday.
There was good unloading by the longs, and
especially for August and September delivery,
which declined &c. The more deferred futures,
while weak, were only 1s@zc lower in SYM
Unusual heavy trading was reported in mess
pork. Prices ruled very irregular, huctuated
widely and advanced fully u % on the whole
range: Outside figures were not fully sup,
ported, however. and prices settled back 4O@
Soc, and closed rather tame.
Trading was quite brisk in the market for
short rib sides. Prices were advanced l50
l715c, but the appreciation was not fully sup
ported.
The leading futures ranged as follows:
WHEAT-No. 2 September: 75AgTA@H@
i SHsS@zs9S7ss4c; Kay, s2sS 9sssSe
asss: sSss-os ossossr ssRss@sSss 81
cember. S3lQS33s@ @33G5316c.
OATs-No. 2 September. ls1s@ls5s@lsA@
isHc; o 0esS6eT os eE, S9isss0lsssc; Decem-
MESS PoHx, per bbf-septerbe Der. $40 l5@
Oh 2O@lO l2%@iO rs; October. $40 2o@ll 2O@
LARD, per 100 ns.-September. IS O25SQ6 III
o5@; January. s so@S siSs95 se@5 s. ~
as sTSsT ls sSs Ess & gsr 80 So,Sse5 es l5 "a
10; May, 8 s21lG4 721[@4 s21l@I S71S.
Cash quotarions were as follows; Flour
firm and unchanged. No. spring wheat 7eA9
7674@77c. No. 2 corn. 3S1<c. No. oats, 1870.
No. 2 rye. 42!fc. No. barley nominal; No;
naxseed. 81 B. Prime timothy seed, 81 So@l 81.
| Mess pork. per bbl. $40 70 Lard. per l00pounds,
s6 t21l@6 Is Short RIB sides Qoose). IS 05@
10 Dry salted shoulders lboxedl, 81 62n@
7a Short clear sides (boxed), IS l2H@
S2S Receipts-FlouI: 1000 barrels; wheat, il0:; c
600 bushels; corn. 407, 900 bushels; oats, 26l 600
bushels; rye IL 900 bushels barley. .13 900 bushels
Shipments-Flour, 1000 barrels; wheat A.
bushels; rye. 1000 bushels; barley. aoOO bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, l4@lFfc.
NEW YoRK-Flour less active and un-
changed. Wheat-Spot quiet at xQlc lower
advanced 1s@ssc, fell 1S6ssc and closed weak
at 7Qlc below yesterday. Barley malt quiet.
Corn-Spot moderately active and easier; op-
oats-spot weak and less active; options fairly
active and lower. Hay fairly active and firm.
| Coffee-options opened steady at l5@2O points,
sales, 5s. $50 bags, including September, 1900
Ia25c; October, lhS00lA35c; November, l63O@
164Oc; December, laS5@l5.45c May, la5O
Ss4soes &c. iRs' sugar ES iRsSns Rs% qas. aGS
nominal; refined in demand and firm.
Rice steady; fair demand. Cottonseed oil
Turpentine steady ana quiet at 44@441<c. Eggs
about steady and less active; western. IIQl9c.
Wool easy and quiet; domestic fleece. 32Q3sc;
Z
| sharp advance; mess. inspected, sl2 00@12 so;
| do, uninspected. $l2; extra prime. Sill Cut
meats quiet. Lard dull, but higher: sales
closing at IS As asked; September, s8 4s asked;
| November. S6 35 asked; December, s. % asked;
January, s6 % asked. Butter nne grades
creamery, n@ls1ic; do factory, SGl2c. Cheese
| unsettled and quiet western. e1zQ7Ac.
PHuADELPHIA-r1our dull and weak
Wheat weak; No. red in export elevator n
9775Aej No red in do, s23S No. red. August
S25Sc; November. s31f@sfS Corn dull and a
shade weaker; sales of No. yellow in grain
depot. 44c; do in Twentieth street elevator,
do No. mixed, in Twentieth street elevator,
| 43c: do on track, 4S13c; No. mixed, August
| 4l12@42c; September, 4lA@42c; October, 42I@
| aud irregular: sales of No. 3 white, 24<@251Sc;
weak and lower; No. white, August aSsl@
81 SoTs%Ser S proSses 0ssGsas aaIss ms
prices barely steady. Pork-Mess, new, Sl2 so
@l3 90; do prime mess, new, sl2 90; do family,
$l9 50. Lard-Western steam, s6 TO- Eggs firm;
ST. LoUIs-Flour quiet but steady Wheat
| lower. The market sold OF at opening on dull
| and weaker cables, favorable weather, good
receipts and lower outside markets; there was
good buying at the decline and rally fol-
| lowed. After IL o'clock the feeling turned
weak and the close was A@16c below yester-
day: No. 2 red, cash, 76c bid; August 75JS@761zc
closed at 7o3zc: September, 75ss@76ssc, ciosed
at 755zc; December. 77s697ssSc, closed at 77szc
bid; May, S2@@S231c closed at S21<c. Corn
| lower; No. mixed, 24c; September and Octo-
| Der, 30c bid; December, 301Sc asked; year. 29N
@29Ic; MAY: a214Qa2ssc Oats firm; No. 4
cash. ls1s@lSzc;. May, z2ssc: September. lsc
bid; October. lS110lsssc. Rye dull at 3Sc.
Flaxseed better at 81 24@l Is. Provisions
| strong.
| CINCINNATI-Flou steady Wheat in good
| demand, strong: No. red, 75c; receipts, 5000
bushels; shipments. Il, GOO bushels. Corn easier;
No. mixed. 35c. Oats frmer; No. 4
mixed. 21@2l1<c. Rye dull; No.. 2 42c
Pork firmer, SO 75. Lard frmer, S8 s121<. Bulk
meats stronger; shortribs, IS Is Bacon frmer;
| short clear. s6 % Butter quiet Sugar strong;
| Eggs easy at lac. Cheese steady.
MILwAUKEE-Flour easier. Wheat easy;
| cash, ,74c; September. 74c. Corn quiet; No.
| g. 331zc- Oats dull; No. white. &c. Barley
firm. No. 2. September, 5s11c. Rye firm; No.
| ]. 423zc. Provisions very firm. Pork
| Cash. $40 9213; September, SO 92H. Lard
Cash, s6 1211: September. s6 l2k. Cheese
steady: cheddars. S11@Sszc. a.as
4, BALTIMoRE-Provisions easy. Butter firm;
western packed, l0@l3c: creamery, l7@lSc
Eggs quiet at lS9ls1kc. Coffee firm; RIO fair,
lS1&01sAc.
ToLEDo-Cloyerseed active; October. 81 Is;
November, "a 22h. -