Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-07
MARKETS BY WIRE.

Wheat Opens Dull and spiritless, but
Braces Up Under the Influence of
Good Buying-Leading Features
Finally Lose Their Grip
and Close Lower.
CHICAGo-The wheat market again ruled dull
and spiritless in the speculative dealings, but it
averaged firm, and during the first hour or SO
of the session exhibited considerable strength.
The opening was about the same to SIN al
fraction above yesterdays closing, followed by
gradual improvement of Nc more. strong
early cables, with a reported advance ofl15d in
spot grain at Liverpool being the basis for this
bulge. The market then began to sag and an
selling from 791s to 1890 before the downward
tendency was effectualy checked.
Buying Of about a quarter of million by
local operator was what turned prices up from
this point, which shows plainly the light and
unimportant character of trade these days.
That the market is sadly wanting in outside
support is apparent. Speculative trading here
was under an average volume throughout and
after fluctuating narrowly prices closed H9asc
lower than yesterday for the leading features.
A moderate speculative and good shipping
business was transacted in corn and the feeling
was little firmer. The better feeling was due
largely TO the good demand for cash property,
firmer cables and large export clearings from
New Orleans and Atlantic ports. Trading,
however. was largely of q local character. The
market opened at yesterdays closing prices,
was firm and advanced sc, ruled steady and
closed No higher than yesterday.
There was good business in oats, but it was
IN small lots. frmer feeling developed and
prices ranged higher, but fluctuations were con-
A fairly active trade was reported in mess
pork, mainly during the latter part OF the ses.
sion. Prices were 10@1S4c higher and the
market closed steady at inside figures.
A decidedly stronger feeling was developed
in lard Prices were advanced l00l21zc, but
settled back again 21505c and closed quiet.
Quite good trade was reported in short ribs
and the feeling was stronger On the whole
but the market closed at about medium figures.
The leading futures ranged as follows:
7slHn Mzn4rnMS ssRse@1sI 5ssSsSe
CoRS%So. 4 September, s5X@se l.6@85%@
ss1sc; October. 361s@364 4@3663S614c; Decem-
oATsSNo. 2, September. 2oA@2oAc; October.
2oA@2l1s@DA@2oNc; May. Mss@4ss@A9sQ
Mss PSsS gsr 6Dssp'eM Ser aS 80 5S 5SS
QlO 45GlO Az: January.s9 50 s569 IS.
LARD. per 100 ns.-september, Sc 2711@6 s<
6 2714@6 S5; October, So So@o 4O@6 SO0o 30;
SHORT RIBS. per 100 bs.-september. s. As
as 50G5 421l@5411S; October. IS 421@5 4711@
S 1895 As; January. "a 95@4 921%.
and unchanged. No. 2 spring wheat, HHc;
No. spring wheat, nominal; No. red, TIC;
No. corn, a6Sc; No. oats, 2C9zc. No.
seed. 81 IS. Prime timothy seed. 81 42ai 4s
Mess pork. per barrel, $40 e5@lO 20. Lard,
per 100 pounds. g 80 Short NIB sides
sSss % 9ss S Rs :saf sstss
IS 1906 SH Sugars unchanged. Receipts
Flour. $1,000 barrels; wheat $4,000 bushels;
corn. 1872 900 bushels; oats, 2S4, 900 bushels; rye
Flour 13 900 barrels: wheat IS 900 bushels; corn
100000 bushels: oats, 1872 600 bushels; rye, LOCO
bushels; barley none.
On the Produce Exchange to-day the butter
market was active for finest gIades and un-
changed. Eggs better at 1l11c,
NEW YoRK-Flour less active and heavy.
Cornmeal steady. Wheat-Spot dull and un-
settled; options dull; H@14c higher and steady;
strong. Barley malt quiet. Corn-Spot mod
erately active and easier, closing steady; OPP
tions quiet and frmer. Oats-Spot quiet and
in good demand and strong: shipping, CSC;
good to choice, 80@95c. Hops easy and
quiet Coffee-Options opened steady and
UNCHANGED to points down and noa,.s closed sec!
iSooc; september. iaoo@iGI5c: October. i4s6
@l500; November. 1A00c: December, 4O@
"
May 1500Gl6 10c; spot Rio quiet; fair cargoes,
1Sllc. Sugar-Raw dull and nominally un-
changed; refined steady and a trife better de-
mand. Molasses - Foreign neglected: New
Orleans dull. Rice quiet and steady. Cotton:
seed oil quiet. Tallow quiet. Rosin quiet and
steady. furpentine quiet and steady. Eggs in
good ,S,1n; 5emand; s, western best n4SISci a 40
ll1Sc; picked shoulders 5@51sc; sales picked
bellies, TIC for IL pounds, nc for IL, &c for 10;
advance, and quiet; sales western steam, So S.;
closed at S. IS: October. IS 50; November. So Al;
choice; western dairy. iO6l21Sc; do creamery,
1l@l7c; do factory, S@l211c. Cheese in fair de-
mand and strong; western. &c.
ST LoUIs-Flour steady and unchanged.
Wheat-The market was strong early on strong
and higher cables: unsettled weather abroad
and better outside markets, combined with
moderate receipts, caused August to be bid up
nc, and the whole line of options improved:
later reports and freer selling locally caused
a k@sSc decline, but the close was somewhat
firmer; No. 2 red cash. 741l@7416c; August, 1871
@7411c, closed 741sc bid; September. 741S@7415
@745sc, closed 7414c bid; December. 72z3@17Mcc.
closed 775kc asked. Corn higher: No. q mixed,
September, sS11s sGSgl l@ssssc. closed $3.50. Oats
stronger; No: cash, l914@2oc bid; Septem,
39c. Flaxseed-Again lower and more doing;
spot, 81 22Ql Is; August. 81 20 bid.
PHILADELPHIA-Flour- old winter
in fair demand at firm prices; new wheats not
wanted; springs dull and weak. Wheat firm
and prices of futures beyond this month; closed
A@11c higher: No. 8 red in export elevator, 7Sc;
steamer No. red, in do size: No. red in
do, &c; No. red, August, S4@S4lc; September.
S4@S4zc: October, 8414GS5c; November, 500
oo4c. Corn-Llttle or no speculative trading
and demand for export light; options nominally
unchanged: carlots quiet but firm: No. mixed,
In Twentieth street elevator and grain depot,
4519c; No. 2 high mixed, in do, 46c. Oats-Car-
lots dull and barely steady; No. white, 3211@
unchanged. Provisions quiet but steady.
Eggs frmer and in good demand; Pennsylvania
frsts, l511c.
CINCINNATI-Flour steady. Wheat in fair
demand; No. red. T@7Sc; receipts. 5000
stronger; No. 2 mixed, 3S14c. Oats irregular
and lower; No. mixed. 25@25@c; new, 22@
23c. Rye easy; No. 2, 45c. Pork frmer at
$ll S7I. Lard stronger at s. 05. Bulkmeats
barely steady; short ribs, s5 70@5 IS. Bacon
steady; short clear, s6 rs. Butter steady and
hrm. Sugar quiet. Eggs stronger at ll1zc.
Cheese strong.
MIwAUKEE-Flour steady. Wheat easier;
cash. nc; September, 76c. Corn steady; No. 3,
S615@37c. Oats dull and easier; No. white.
BQNc. Barley easier; September, 6oc. Rye
dull; No. /. 4S11c. Provisions firm.
BALTn1oRE-Provisions dull: mess pork,
Sl3 00@l3 So Butter steady; creamery. l6Gl7c.
Eggs firm; fresh, lac
ToLEDo-Cloverseed quiet; cash, s4,45; oc-
tober, "a 40
Tba nrv roads Market.