Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-08
MARKETS BY WIRE.
Speculation in Wheat Still Based on the
Weather-Prices Rnie Lower-Corn
and Oats Quiet-A Hustle

ana OuI8 Qulet-A EusLie
for July Pork.
CHIcAGo-Only a light business was trans
acted in wheat to-day, and Speculation as on
yesterday, was based almost wholly upon the
weather, especially in the Northwest. The
opening was about 20 lower than yesterdays
closing and steadily declined &c more under
rather free speculative offerings, some lines OF
long wheat coming on the market. Operators
were influenced by reports of rain from the
Northwest but later advices reported the rain
not heavy and that it was clearing up, the
wind hot and the ground drying up fast. There
was a recovery of 5s@3zc above inside figures,
but again eased OF, closing NC lower than yes
terday Outside news had but little effect on
the market
Corn ruled quiet and inactive most of the
session, transactions being limited to local
traders, and fluctuations were confined within
1<c range The prevailing feeling was one OF
steadiness, and prices showed but little change
from yesterday.
Oats were fairly active, but weak and lower.
Operators loaded up freely yesterday and want
ed to sell to-day. Outside orders were in light
supply, and an increase in offerings caused
weak feeling and a decline Of nc on June and
July, which were the chief deliveries traded IN.
May. however, remained slow, and only de-
clined sc.
Considerable interest was manifested in mess
pork, and speculative trading was quite active,
though largely IN CODITaCIS lOT july 01SS db
the opening were made at slight advance, but
this was quickly lost. With good buying prices
rallied 256271<c and closed steady.
Trading was light in lard and the feeling was
stronger. Prices were advanced 5@71Sc, these
appropriations being moderately well sup
ported
A fairly active trade was reported in short
ribs and the feeling was stronger. Prices ad-
vanced 77zGl0c and closed steady.
The leadIng FUTURES ranged as Follows:
WHEAT-No. 2 June, s2Qs2199sl5 5S@S212c;
July, 7S1zg7S5s971s@7S1sc; August, 7f1s@77c;
CoRxSSo. 2 June, 8455c; July. 85A@S5A@
S5Is@35Ikc; August, 355s@36c.
oGrs-No. 2 June, 235s@2S 2S5s92SN@2Sc; July,
2Ss9G2859 992S1s@2SAc; September; 2S1Sc: o.e
IL COOL So; July, sli 75@i2 0f1S0lI 70@n 50;
August, sll 9215@l2 0OGl1 9213@12 90.
LARD. per 100 MS. = June, Sc S71496 80;
July, s. e5@6 g71z@6 9213@6 IS; August, IS s775
SHORT RIBS, per 100 Bs.-June, So O21l@
6 OH; July, So 071I@6 15@6 05Q6 l2115; August,
S6 1896 2O96 l211S96 20
Cash QuoUauons were as follows. Flour steady
and unchanged. No. 2 spring wheat SIC;
No. corn, 341Sc. No. oats, 22sz@225sc; No.
rye. 40ssc No. 2 barley nominal No l flax
seed 81 50. Prime timothy seed, 81 80. Mess pork,
per barrel, sll 756ll so. Lard. per 100 lbs,
SIS 95a6 co. Dry salted shoulders tboxed),
SIS 2595 So Short clear sides (boxed), Sc 259
S71%. Sugar--Cut loaf unchanged. Receipts
Flour, 1900 barrels; wheat 1900 bushels;
rye, 10000 bushels; barley, 5000 bushels.
Shipments-Flour, 1900 barrels; wheat. 6l..
600 bushels; corn. 3l6, 900 bushels; oats, 1872 900
bushels; rye. 10000 bushels; barley, 1900
bushels.
market was weak but unchanged. Eggs firm
at l2c.
NEW YoRK-FIour moderately active and
steady. Wheat-Spot more active and steady;
options dull; early months 1sc lower: late un-
changed, closing firm. Barley dull. Barley
malt quiet. Corn-Spot stronger and in good
firm; options quiet and lower Hay quiet and
steady. Hops firm aud quiet. Coffee--Options
opened barely steady l0@15 points down, closed
Sar SaFsY YnsSyg sfS1fy G Mag RS5ss sSSl jGy shes @
@l7O5c; August, l7.l0@l7. .l5c; September, .25
6l7.35c; October. 173O@17. .40c; November II. .45c;
December, l7.40Ql7, 45c; January, l7.45@l7.50c;
February, 17.5O@l7.55c; March, l7.55c; spot Rio
nominal; fair refining, exc; centrifugal, 96 test
nc; refined dull and unchanged. Molasses-
Foreign steady; New Orleans quiet. Rice quiet
Cotton seed oil nominal Tallow quiet: city,
ooSmOn comm O0f to Os sOod, I fSSi nI i2 Tnrpentne
steadier and dull at 4O@4016c. Eggs in good
demand and firm; western, l4lz@l41fc; receipts,
4S57 packages. Pork quiet; picked bellies,
hams 1O1Sc. Lard stronger ana quiet; sales
western steam, g. 221f@7 Is, closing at 81 %;
city, So 20; options no sales; May, 81 "a asked;
june, s. q and nominal; July, s. 2SS 81 asked; Au-
gust, 81 30 asked; September, 81 80 and NOM
inal. Butter dull and weaker; western dairy,
93l5c; do creamery, 14620c; Elgins, 20@2lc.
Cheese scarce and strong.
ST. LoUIs-Flour quiet and easy, with light
demand. Wheat-There was decline at the
opening, and the market was very weak early.
but rallied under good buying by shorts, who
held the market firm; subsequently May and
June closed firm, but July 14@3sc and August
May OS73w c sosins SSssGgsA u c JGEe dGs ~ ssSa @
743Sc bid; August 741EG749sc, closed at 749Sc
asked. Corn higher; No. mixed, cash, size;
closing at 325sc bid; August, Ss15c, closed at
331zc bid: September SS5s@344c, closed at 3i1sc
asked. Oats in good demand and strong: No.
9 cash, 1910 regular; May, 24c: June, 235lc
PH1ApELPHIA-Flour weak and unsettled.
Wheat-Cash ruled firm with fair inquiry from
millers, but business restricted by light offer
ings. Futures neglected and nominal. Corn
light and prices well maintained. Nothing
doing in futures. Oats-Carlots shade frmer
with fair demand. Butter unsettled, lower;
Pennsylvania creamery extra, 2l@22c: do
prints, extra, Csc. Eggs frmer; Pennsylvania
hrsts, 15c.
CNCINNATI-Flour more confident. Wheat
scarce but firm; No. red, d,SS5c; receipts, 800
bushels; shipments, none. Corn firm; No. 2
mixed, 361S@37c Oats quiet and firm; No.
mixed, 26@2615e. Rye easy; No. 2, 47c Pork
irmer at s. OOa7 25 Lard stronger at S6 67]$
Bulkmeats quiet and firm. Bacon IN fair de-
mand. Butter easier and lower; fancy creamery
22@23c; choice dairy roll, l4@l5c. Sugar barely
steady. Eggs weak. Cheese easier.
MILwAUKEE-Flours steady and dull. Wheat
steady; cash, 7I5sc; June. TIC; July, 7S5Sc.
Corn steady: No. 3, 3315@341@c. Oats steady;
No white. 275<c. Rye firm; No. l, 44slc Bar
ley dull: No. 2, 5l@5l7lc Provisions firm.
Pork, Sll S71f. Lard, S. S71S Cheese easy;
cheddars, 9G10c.
BALTIMORE - Provisions dull. Butter
easy; Western packed. 15@lsc; creamery. 2O0
&c. Eyes firm at 1316@l4c. Coffee quiet; Rio,
fair at lS5s@lSs4c.