Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-07
MARKETS BY WIRE.
a Batch Of Contra dictory European Rumers
Paralyzes the Wheat Market-Cern
and Oats FeafureIess - HsG
Products Dull and Gen.

Products Dull and Gem
orally Weak.
CHrcAGo-The session ofthe Board of Trade
to-day was dull from the opening to the close.
The foreign news concerning wheat was rather
mixed: the domestic news was almost uni
formly bulish. One member had a cable from
St Petersburg saving that the drought IN North
Russia continued, and that reports from South
Russia were also unfavorable. Another had
estimates that the wheat yield of Europe, in
cludipg the United Kingdom, would be l00, ,000.-
600 bushels larger than last year, and at least
three weeks early. Paris Quotations were
higher; Liverpool markets firm.
The weather was dry and hot both in the win
ter and spring wheat districts and was there
fore bearish influence in one direction and
bullish influence In the other. Minneapolis
millers were reported as buying new No. red
winter wheat in ST. Louis for milling North
western traders were also buying in the specu-
lative market here. An operator started a
bulge in prices early by picking up few small
lots of July. This future opened at S214c,
sold up to sc and closed at s27sc. December
opered at 795sc, and, after selling at 1880,
bulged to 601sc. AT the advance Hutchinson
was selling December freely, and it reacted to
SOC.
The corn pit was almost deserted all the
morning. Trading was light. September. the
active future. opened at 3534Q355Sc, sold at
So34GS5zsc and closed at the la. ter figure.
Oats we're dull and an easy feeling prevailed.
Receiving houses sold september moderately
at Z2ssQ2216c; closed at 2211c.
Not over 3,OOO barrels of pork were traded on
Change to-day. Nevertheless, there was l0c
break in prices. Lard and ribs were much
more active and both were weaker. The trade
In these, however, was Of small proportions.
offerings, while light, were more than the trade
The little speculative interest developed was
centered in September, which sold from Sll 6711
early down to sll 90 for pork; from 81 50 70
" 42117 for lard and from s. 921 down to S. IS
for snort ribs. Lard and short ribs for the same
delivery closed at inside prices and pork at
vi 57T. Other months were quiet:
The leading futures ranged as follows:
WHEAT No. 2 August, 771S@78sz1T546
7s11c; September. 7s@7s1lQ77A@7s11 Decem-
ber, 7s9s@SO14Q7s9sGSOc; May. S4Gs44@s49
CoRN-No 2 August. s51<@s5ss@s5,S0s51<c;
September. S574GS52s@S5A@So5sc; May. s7ssQ
GxTsSNo. 2 August, 22ss@2sSc: September.
S52Hg221sg22ss9221se; May. 22zsGSA925S9
MESS PORK, per bbl.-August, sll 571<Gll 80
Gll SS9li b; September, sll 6711Gu S7119
LARD, per 100 ns-August, 50 s7169s 4O@
9 sS5Hed s21E; september, 50 5OSs 5OG6 421SS
SHORT RIBS. per LOO ns.-August. IS s7169
S7zzqS SOGo 80; September, IS s21sg5 s2119
Cash quotations were as follows: Flour firm;
winter R.a Saes5 S " Soga 20 spring wheat sSg @
No. spring wheat. SIC; No. 2 red, S2566
SS15c; No. 2 corn. S5ssc. No. oats, 22zc;
No. rye. 42s4c No. 2 barley nominal No. !
naxseed. 81 SS Prime timothy seed. 81 So
Mess pork. per barrel. sl1 6OG1l 60. Lard, per
lOO pounds, 50 3046 50. Short ribs sides (loose).
IS S0Q5 S. Dry salted shoulders (boxed),
$ 2o85 s711. Short clear sides (boxed), 50 l2119
= 25 Sugar unchanged; granulated. 9ssc.
Receipts-Flour. Is 600 barrels: wheat, 5000
bushels: corn, Sl3,OO0 bushels; oats, 72O00
Ooo Sabsy BARRELS: Wheat q S
bushels; corn. 900 bushels: oats, $1,000
bushels; rye. 3O0O bushels; barley l,0OO bushels.
On the Produce Exchange to-day the butter
market was weak and lower; creamery. .l5@l51xc;
dairy l00l4c. Eggs lower; fresh. n@12c.