Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-20
MARKETS BY WIRE.
The Weather Still a Leading Factor in the
Wheat Pir-()orn Higher and Oats
Featureless-Hog Products
0uief and T.nUer

EeutuFelesb-hO&
Quiet and Lower.
CHIcAGo-There was less doing in wheat to-
day, and trading was more of local character,
with fluctuations confined within smaller
range. The feeling was little unsettled. The
opening for July was 15@5sc lower, and prices
further receded 1fc, then rallied &c, eased off
| again and closed 1S@5sc lower than yesterday
| August and December closed Hsc lower than
! yesterday The early weakness was due to
clear weather here, the sun shining brightly
| and there was a fair quantity of wheat on sale,
but good buying at the decline resulted in re-
covery of the Decline only to weaken off lower
| again.
Reported rains in the Red River Valley yes
terday had a weakening influence. In the
! Southwest advices report too much rain. and
| harvesting is interfered with in consequence.
The weather is still one of the principal factors
affecting the market Liverpool advices re-
ported quiet feeling and noted higher prices,
while London quoted nothing doing and Paris
was lower. The quantity on ocean passage
was reported as showing a decrease of 100000
| bushels. A light export business was reported
at the seaboard.
A fair degree of activity was manifested in
| corn during the early part of the session, and
| the feeling developed was quite firm, higher
| prices being established. As the session ad-
vanced the market became quiet, most of the
business being transacted early. The better
tone was attributed largely to falling off in the
receipts. Unfavorable reports regarding the
growing crop from the southern portion of the
State, stating too much rain had fallen and
considerable quantities we're under ground,
also had strengthening influence. The mar
ket opened a shade below the closing prices of
yesterday, was firm and advanced sc, eased off
a little, closing A@14c higher than yesterday.
Oats were quiet and destitute of new or i'm
portant features of interest trading being light
and mainly in the way of evening up contracts
In the near future.
Very little interest was manifested in the
market for hog products, and the feeling was
easy. The supply of hogs at all the principal
Western packing ports was larger, with prices
favoring buyers, and this had a weakening in
fluence. Speculative trading was confined al
most exclusively to July and September deliv
erles-the latter attracting most attention.
Prices for all the leading ruled lower, and the
market ark closed quiet at about inside figures.
The leading futures ranged as follows:
WHEAT No. 2 July. 771S@7SE@77sS6T15
August. 743s975lS@745s@75c September. fIM
@751sa743s975c; December, 7614G7634G761s
CoRN-No. July 349s@843z@84ss@S436c;
August; S424@S55149S434@S5c; September, S514
oAtTs~So. July, 22ss@22N@22ss@22slc Au-
gust, 2219@2219c; September, 22119@229sG2215@
MISS PoRK, per bbl--July, sll COOL 6715
oil 55Gll 5715; August Sll 7O@l1 756lI 6561
II IS; September, Sll S0@ll S0@ll 7219Gll rs.
at 50; August, s6 6O@6 G215@6 6096 60; Sep
rember. Sc 1906 1905 65@6 65
sHoRT RIBS, per 100 bs-July IS 1905 ~
@5 7595 ~; August 1 g 50 SOS S5@5 sos S215@
Cash quotations were as fellows: Flour firm
and unchanged No, spring wheat. S0GSO1lc:
Nos spring wheat, nominal; No. 2red, SO@SO13c.
n T. A.. N
No barley, nominal; No. haxseed. 81 521z
Prime timothy seed, 81 Is. Mess pork. per
barrel sll 55@l1 CO. Lard. per 100 pounds. S. 45
Dr. pGy 'a sSlted % shoulders QUIZ seS ebO%ed eS 125 sSs
Short clear sides (boxed). Sc 1906 25. Sugars
cut loaf. unchanged. Receipts-Flour. Il, 600
barrels; wheat, 1000 bushels: corn, 266 600 BUSH
ley 6OO0 bushels. Shipments-Flour. 1900
barrels: wheat 70CO bushels; corn. ?5l, 900 BUSH
els: oats, $4,000 bushels; rye. none; barley.
5000 bushels
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs firm
at l2c.
NEW YoRK-Flour fairly active for home
and export and steady. Cornmeal more active.
Wheat-Spot moderately active and IG11@e
lower; options opened l46l15c lower, ruled
irregular and closed 1A@lK under yesterday.
and weak; foreign houses late in the day heavy
sellers IS Barley malt quiet GGrInspot fairly
irregular, closing steady Oats-Spot quiet
and lower on white, mixed steady: options
more active and frmer. Bran, 521S@6215c;
easy. Coifee-Options opened steady, un.
changed to points down; closed firm.
SO@S5 points up active; sales 12I GOO
July. july n75c@si5 10; D August, 'Isssi Isoal5.SSc; @
September l5l56l535c: October Is l061l5. .4Oc:
November: l5l5@l545c; December: 15.5Oc;
March, l5.25@l5.5Oc; April, l530c; spot
Rio frmer; fair cargoes l71sc. Sugar
Raw quiet and rather nominal: fair refining, &c:
centrifugals 96 test, Sc; sales 1000 bags centri-
fugals at Sc; $50 hogsheads and j, 400 bags
Muscovado, S9c: test, &c; refined firm and |
quieter. Molasses-Foreign, firm; New Orleans
steady and quiet. Cottonseed oil dull Tai |
low steadier; city (S2 for packages), 44G4 9-S2 |
Rosin quiet and steady: Turpentine easy and |
gulet at S7159SSc: Eggs tair demand and |
slS 0O@lS 25; extra. prime, sll 5O@il IS Cut, |
meats slow: picked bellies, 667c; middles |
quiet; short clear. Sc 30. Lard, good export |
2625 tierces; chiefly export Sc SO66 80; spot clos,
ing at So SO aud S6 1905 so, C. and t.; city, |
S. 30 July. Sc S4@6 IS, closing at s6 81: August
October, Sc SO asked. Butter, extras steady and |
in demand; western dairy, ga 1870; do creamery.
l2@l71So; western factory. SQl5c. Cheese easy |
and dull; western, Tz@S15c.
ST. LoUIs-F1our quiet and unchanged: |
Wheat-Cash fiat and no trading; options lower: |
the favorable change in the weather with good |
receipts here and declines in other markets |
caused enough selling to break prices &c this |
morning; there was a rally later and the close |
was weak at 5s@$zc below Yesterday; No. 3 |
red, cash. SEC asked. Sic bid; July, 23z673ISc.
closed at 7234c bid; August, 725S@727sc. closed |
at 721aQ725sc asked; September, 731567S76c
closed at 7329@7S1zc asked; DECEMBER. 76IsS |
76l4c, closed at 761sc asked. Cornefirm; No. 3 |
mixed, cash, 3lc; July. l1[@9lss03l15c, closed |
al 3lSsc asked; August. 321s@321zc; September.
S25s@S277sc, closed at 32s4@327sc Oats firmer:
No. cash, 2215c bid: June, 22s4c bid; July'
2215c. Rye-No. 9, 42c. F1axseed-For new
crop, August and September delivery 81 Is
bid; spot quiet at 81 80