Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-21
MARKETS BY WIRE.
Bad Grading and Heavy Flour Exports
Give Wheat Bulls Handle-Heavy
Selling Toward the Close
Turns the Tide and Ad-
vances More Than

Give Wheat Bulls a Handle-Heavy
| Selling Toward the Close
Turns the Tide and Ad-
vances More Than
Wiped Out.
CHICAGo-To-day's receipts of wheat over
ran the estimate little but out of the III cars
reported not bushel graded No. This re-
markable showing for the season, together
with the posting Of unusually large nour eA-
ports at Baltimore, set the pace for another
bull turn in the pit. Opening figures for the
leading futures were Z@ssc above yesterdays
closings, with September &c higher. Decem-
Der and May, in which most of the trading was
done, eased If &c and then advanced lrregu-
larly &c, December selling up to S09sc and May
to S4@S41sc. A large business was transacted
| on the advance.
Shorts covered freely, and coupled with the
demand from this quarter, which was large,
and general buying by local houses, the market
weakened a fraction. 1t was further de-
pressed just before the close by the selling OF
100000 December in large blocks at 791sc by a
heavy old bear operator who has been out Oh
the market for some time. The close was
weak with the early advance all lost Inc
latest quotations was Nc and &c below those
of yesterday.
A very good business transacted in corn. the
market ruling active at times. The feeling
early was firm, but as the session advanced .
weaker tone was developed and traalng was AZ
lower prices. The market opened firm at yes
terday's closing prices, influenced NANNY py
the advance in wheat, and prices advanced
1s@zc, but when the estimates for tomorrow
became known offerings became heavy and
prices declined ss@5sc, ruled easy and closed
HQ1c lower than yesterday.
Trading was little more animated in oats,
to-day tirmer feeling prevailing early. Later,
FL md foil off fho rlrQf
came weak and prices receded. May received
the most attention, and fluctuated nc.
Trading in pork was a little more active and
the feeling was somewhat unsettled. Near
deliveries were easy, early and declined
25@35c. but rallied again and closed steady
An unusually quiet feeling prevailed in lard
Offerings were small on speculative account
and the demand was limited.
Trading was only moderate in short ribs.
Near deliveries were easy, early and prices
receded 215@5c, but rallied to medium figures
and closed steady. Deferred deliveries were
rather quiet at former prices.
The leading futures ranged as follows:
WHEAT-No.2Octob .7S14 4G7914 4G7S1s@7
December, SU1zQS05s@795s9795sc year, 7S14Q
7s@7S@7Sc; May. GS4QS3QSSc.
NCSenOes SNasS SSsSsfE BsssSSe4
Sl1a@Slssc; May, SS34 4l34G GSS5 s@335Sc.
0AIs.No; 2, October, lsssgls1Se; December,
lsY9l974e; May. 225sG22AG225aG25sc.
IL i21sslO sol 90: November So sas Is S5; jan Es
uary. s. l21Sd9 l21%.
LARD. per 100 bs.-october, IS S71<@5 80;
November, IS 1895 SO@5 715@5 so; January,
SHORT RIBS. per 100 ns.-octOber, s. s211@
S214@4 7715@4 50; January, 81 6216@4 6215;
Cash quotarlons were as follows: Flour firm
& aad S0 SS0eaangsd sgTds What S0 sR RrpSg wheat fas
7s39c. No. corn. 32QS21sc. No. oats, 1870
NJ: aaxseed, 81 IS. Prime timothy seed,
81 % IdsHs Mess pork P Per DBL sSa. s CO. =, .aFa ss
Qoose), IS 90. Receipts-Flour, 1900 barrels;
wheat, 5000 bushels; corn. $4,000 bushels;
oats, $4,000 bushels; rye. 1000 bush
5000 barrels; wheat, 5000 bushels; corn. 49,
600 bushels; oats 35S 900 bushels; rye 1000 BUSH
els; barley. 10000 bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 1910.
NEW YoRK-Flour firm and active. Wheat
Spot dull, unsettled, weak and L@&c lower;
options dull, irregular and H@sSc lower, clos
ing heavy. Rye quiet; Western, 4S@52c Bar
ley quiet. Corn-Spot less active and Lc
lower, closing steady. Oats-Spot more active
easy and quiet. Hops dull and weak. Coffee
Options opened barely steady 8 to 10points down;
closed irregular. Is to 25 points down;
aSeO eas Rs9aiss sSspyemSSeT 5O
l600c; December, l5.70@l6.0Oc; January, l570@
I5.95c: February. l575@l595c, March, 1850
l5e5c; May, l5.sO@l6.o0c; spot Rio steady and
and quiet; refined steady and in fair demand.
Molasses-Foreign nominal; New Orleans dull.
Rice in fair demand and steady. Cottonseed
is15@SOc: receipts, SSss packages. Pork
steady; mess, inspected, sl2 25@l2 Is; DO, un-
Cutmeats firm; picked bellies. SIC: picked
shoulders, exc; picked hams, 10y N@iO1lc; mid.
dies quiet; short clear, IS 50. Lard quiet
closing at s6 S5; 700 tierces city, Sc 90: options,
no sales; September, S6 81; October, S6 81; No
yember, So l9 asked; December, Sc Is asked;
January, S6 u. Butter strong for finest: west
ern dairy, 99l211c: do creamery, 1262315c;
factory, 7H9l2c. Cheese quiet; western, 81
@sc.
PHILADELPHIA Flour luiet and un-
changed. Wheat higher: sales of steamer No.
red, in grain depot, 77@79c; No. 2 red. on
track, SEC: do. in export elevator, S01Sc; No. 2
red, September. S012@S03zc; October, Sl@Sl1<c;
November. S214@s215c: December, SS1l l@S35c.
more firmly held, but demand was very mod
crate; sales of No 2mixed, in grain depot and
Twentieth street elevator, 4lc: No. 2 high
WI1ea M and and yellow, in gTsjn depot, 4le;
404@4lc; November, 4l@4115c; December, 500
40c. Oats-Car lots firm and fairly active:
sales of No, mixed, DC; No. mixed, 25c; do
do choice, 24c; No. white, 241z025%c: No. 2
white, regular, &c: do do choice. 271Sc; old No.
2 white, &c: options quiet and steady: No. 3
white, September, 261l627c: October. Z7l/@
2715c; November, 2S5s@2S5sc; December. 29T@
3Oc. Provisions steady. Western steam lard.
S6 3h. Eggs-Fresh stock scarce, good de-
mand; Pennsylvania frsts, 2lc. Cheese firm;
choice stock wanted: part skins, 6@71Sc
ST. LoUIS-Flour quiet but firm Wheat
The market was extremely unsettled and irreg-
ular most of the session; the offerings were
large, and there was good buying, too at times
but the close was weak at N6sSc below YES.
tcrday; No. red, cash, 7S15c, nominal; Sep
tember, 7S34@7S7sc, closing at 7S5sc asked: Dc
tobor, 7oA, closing at 7Sllc; December. 7SzIM
1870, closing at 781s May, S3@S31%c. closing az
S3c asked. Corn lower: the market was sus-
tanned by the strength of wheat early Int
later was weak and declining closing Lc he
low yesterday; No. 2 cash, 2gM6@Ic: October
3OHc, closing at 3O@9O1sc asked; December 2SS5
@2s3zc. closing at 2S5sc; year, 2815G2SsSc, clos
ing at 2S12c asked: January, 2S15c. closing at
2S15c; May, 303zQ3lc, closing at 3O5S63ONc |
asked. Oats firm; No. cash, 171S@lSI%c bid:
May 2275c. Rye strong; No. 2, 3715c Barley
Improving demand: sales of Minnesota at 620 |
Csc; Wisconsin, 60c. Flaxseed 81 % bid. Pro.
visions dull and very much depressed. Pork
sll So
BALTIMoRE-Provisions unchanged Butter
firm and higher: Western pa eked, l06l4c; cream
cry, 19@2lc. Eggs irregular; fresh, lS@l9c. |
Others unchanged.
TOLEDO -Cloyerseed quiet and steady; cash,