Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-25
MARKETS BY WIRE.
The Wheat Pit Rather Quiet, and Prices
Assume a Lower Level-Corn and
Oats Shade Firmer

Oats Shade Firmer
Pork Featureless.
CHICAGo.-In point of activity the volume Oh
trading in wheat fell somewhat short of yester-
day. and on the whole only moderate business
was transacted. The opening was strong and go
&c higher than yesterdays closing, but later
became weak and declined l1sGllzc, ruled
quiet and closed 1Sc lower for December and
sc lower for May than yesterday.
The early frmness was due to local specula-
tion and influenced some by the improved tone
of Liverpool! advices, which quoted California
wheat Nc higher. Bat it began to be suspected
that the advance on the other side being only
for California wheat might possibly be due TO
manipulation there. At the same time New
York failed to follow the full local advance.
The short interest had covered freely, and when
the longs began to realize weak feeling set in,
and prices declined lc IN short or1er. There
was no support until December reached 791sc
and May S55sc, when buying checked the de-
cline temporarily, only to drop later to a still
lower level.
The offerings at the early advance were not
large, the Northwest was reported to have
sold. While Liverpool reported hrmer for
California London reported cargues on passage
as slightly worse" and of coast as rather
easier. Regarding the movement in the North
west advices were conflicting, some indicating
that receipts will drop of and Others that they
are likely TO keep up.
In corn only a moderate business was trans
acted, and it was quite firm the greater part Oh
were much the same as yesterday, namely.
small receipts, firm cables and good shipping
demand. The market opened firm, trifie over
the closing price of yesterday, was strong for
time then eased off little on realizing by local
longs. ruled steady and closed shade better
than yesterday.
of trading was only moderate and chiefly in De-
cember and May.
In mess pork trading was only moderately
active and the feeling was somewhat unsettled
and prices irregular, with the bulk Of the pusi-
ness in November and January contracts. The
former was in fair demand and opened at 1Oc
decline followed by further reduction of 2Oc,
but rallied again l718Gl20c and closed compare
lively steady. January was offered rather lib
orally and ruled weak, prices declining lOGI21c
and closing quiet.
In lard dull and weak feeling prevailed.
About 5000 tierces were delivered on October
contracts. Prices declined 5G10c per 100
pounds and the market closed quiet at inside
figures.
ruled 217G5c lower and the market closed tame,
The leading futures ranged as follows:
WHEAT No. 2 December, s0544SOEQ!9S
@7s24c; year, 7S1sc; May. S49S4ssGsS1s@
CORN No. 2, November. sOzs@Sl@9o4@
S0l5c: December, SO34@3O7s9 May,
0ATs-So. 2, November, lS15@ls1&@l9l@
IS4e; Deeem6eT ,lS7s@ls1E9ls4QlS4e; May
Mss PoRK. per bbL-November, SO 7l1l@
9 s0@9 5719@9 151S; year, 50 2216Gs 22159s 159
LARD L. nnu per loo SOgs rs Soye@beT F s. s7a
5 g7I5: December, IS S715G15 92b@5 S71S0
s71S; January, IS S5@5 s595 9O@5 50.
SHORT RIBS. per loo bs.-November, 81 S21S
"a sO94 s214G4 SPY; January, 81 1894 7114Q
Cash quotauons were as follows: Flour steady
and unchanged. No. spring wheat. 7s@7S1sc;
No 3 spring wheat, 64c; No. red, 7Sg7s1sc.
rye. 4l3zc. No. fiaxseed. 81 IS Prime Timothy
seed, 81 a Mess pork per Dbl. $40 SoGlo 62H.
Lard per 100 pounds. Sc 221a&6 Is. Short
ribs sides Qoose), s. S0Q5 rs. Dry salted should
ers (boxed), 81 25G4 50. Short clear sides
(boxed), S. 62505 IS Receipts-Flour, $1,000
barrels; wheat, l23.000 bushels: corn, 1885,
600 bushels; oats, 2O2, 600 bushels; rye, 2l0OO
bushels; barley. Z, 600 bushels Shipments
Flour, A000 barrels; wheat, lSl 600 bushels; corn.
37s 600 bushels; oats, 1879 900 bushels; rye, 5000
bushels; barley, $4,000 bushels
NEW YoRK-Flour unsettled, closing heavy
and quiet. Wheat-Spot lower and unsettled;
moderate business, chiefly milling; options
active. 5sG34c lower and weak. Barley quiet;
Canada, 6S@6Sc; western, 55G65c. Barley malt
dull; Canada, 75990c. Corn-Spot moderately
active and stronger; light offerings; options
quiet and 1s@14c up. oats-Spot stronger and
demand fair; options fairly active ana frmer.
Hay firm and in fair demand. Hops quiet
and steady. Coffee-Options opened unchanged
points down: sales, $1,000 bags, including Octo-
Der, l9.956l505c; November, H.95@l505c; De-
cenlber, l5.0OGl6l0c; January, l500@l5l0c;
March, l5O0G Is. l0c; April, l5.05c; May l50O6
Is lOc; July, l49Oc; spot Rio cargoes, lelIc.
Sugar-Raw nominal; fair refining, SC; refined
steadie- and in fair demand Molasses-Foregn
nominal; New Orleans quiet. Rice-Firm and
in fair demand. Cotton seed oil firm; yellow,
3@3S11c. Tallow weak and dull. Rosin firm
buT scarce. Turpentine firm but quiet at 49@
49Hc. Eggs firm; fresh. ice house. l5@l7c.
Pork steady. Cutmeats steady. Middles finn.
Lard lower and quiet; sales. Western steam,
S6 S71596 80, closing at Sc S715; October. Sc n
asked; November Sc so; December S6 80, closing
at S6 SO asked; January, S6 25d6 go closing at
S6 81; February Sc 36 asked; March, S6 SO. clos
ing at Sc 40 asked. Butter in moderate demand
and weak; Elgin, 2415025c; Western dairy, ga
l5c; do creamery. Mq415c; do held. 12@l9c: do
factory, 756@13c. Cheese dull: Western. 7@lOc
PHILADELPHIA Flour barely steadv
Wheat. options opened Aqlc higher, subse-
quently reacted ZG15c and closed weak: specu-
lation quiet; high grades scarce and firm iun-
graded on track, Sac; No 2 red. on down town
rack S1e R SeTaO SIT S
December, S21z@S3c; January, 831zGS4c. Corn
steady: speculation quiet: No. 2 yellow on
track, Axe; No. mixed, for local trade, Ale;
G395zc. December. Ss1f fGSsc: January SSI0S9c.
Oats-Demand light but prices steady; un-
graded 2Sc; No. white, 2716c; No. white
in Twentieth oo street elevator; 2s7s@Soc; do. in
No. 2 white, October, 2SG2S15c: November,
25z@2Sc; December, 275z@2Sc. Petroleum firm.
Eggs scarce and firm; Pennsylvania frsts 2Sc
ST. LoUIs-Flour very quiet, but steady.
Wheat-The opening was &c higher and a
frmer feeling was displayed for some time:
later on prices gave way, and the close was sc
below Yesterday; No. 2 red. cash, 76c and nom
inal; December, T5s97S79c, closing at 77sZc
asked; Nav, S25sGSS15c. closing at S25Sc bid.
Corn firm; No mixed, cash, 277Sc bid, CSC
asked: october, 2S@2s1sc, closing at 2S1sc asked;
May, 30c, closing at 30c asked. Oats dull and
weaker; No. 2, cash, lT13c; May, 2l5sc; October,
1Sc asked; January, l9c bid. Rye lower and
weak: No. 2 held at 37szc bid. 3Sc asked. Barley
tame; Minnesota, 55Q6Oc; Wisconsin, 55665c.
Flaxseed unchanged at 81 26 Provisions firm,
but quiet.
MILwAUKEE - Flour quiet. Wheat dull;
cash, 7lesc; December, 731sc; No. l Northern,
Sic. Corn firm: No. g. 3l55c. Oats firm; No. 3
white, 2lA@2lAc. Rye active; No /, 42Lc.
Barley active; No. 2 in store, 52Q52Nc. Pro
visions steady. Pork. $40 So Lard, SO so
Cheese steady; cheddars, 9Q915c.
ToLEDo-C1overseed active and lower; cash
and October, S. 5714; November, S3 so; Decem-
ber, SO 65; February, So 75.
BALTMoRE-Provisions strong. Butter easv:
creamery, 2Sg24c. Eggs quiet; nearby. 2l@22c;
western, DC.