Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-14
MARKETS. BY WIRE.
Wheat Declines Under the Iuhueuce Of
e Large OGerings-CritIcaf CondiIiOn
of the Crop I'm CALIFORNIA;
Porlr Raralv RfpadV.

TOOK advantage OF the situation ana covered
freely. 1t was sort of evening up. 1t was
claimed that parties who had bought yesterday
and day before on expectation of reaching
higher prices, finding the market did not ad'
vance, sold freely as well as longs at higher
prices.
European market advices were generally of a
weaker tenor. 1t was rumored that 1000 BUSH
els of wheat had been worked yesterday at
Minneapolis for direct export via Zoo line and
Boston. New York about noon wired no new
business export can be done excepting at ad-
vance in freights. A dispatch was received
from California saying that the heavy rams
were placing the wheat crop in critical condi-
tion. The receipts at Minneapolis and Duluth
were 421 cars against Sl2 cars the correspond
ing day last week. For the five days this week
the receipts at the two points mentioned aggre-
gated 6SS3S9 bushels. against 100000 same
period last week.
The market opened at about Yesterdays
closing figures. held barely steady for while.
and then under large offerings declined lQl1sc
for May and 11Sc for December, closing H9lssc
lower than yesterday.
Corn was exceedingly dull. trading being
light and almost exclusively local The feeling
was steady, and values showed little change
compared with yesterdays, final quotations be-
Oats were weaker and shade lower, due to
the decline in wheat and also to free offerings
by longs The demand, however, was light and
course would have resulted In materially
lower prices being recorded. May was the
principal future traded in, but fluctuations
were only Lc
Mess pork-Trading was only moderate and
the feeling was steadier. Prices were advanced
5Q715c, but with moderately free offerings re-
duction of 21z65c was submitted to, and the
market closed quiet.
Lard-Prices were advanced about 21Sc early
in the day, but settled back again and closed
steady.
Short Rib sides-There was a fair trade and
the feeling was frmer. Prices were advanced
215c early, but the appreciation was not sup
ported.
The leading futures ranged as follows:
WHEAT-Eo. 2 December 7S1597SH@75@
us; January. 7s5zG7S59@7I28@772Sc; May, $50
coRNZNo. December, slxGslN98lsS@
SI54c; BIZ -; January Sl@Sl1S@Sl@Slc; May, $50
0HTsHNO. 2, December, 2OHc; January,
2OS4Q3A@90N@2O54c; May, 223z@zIe
MESS PORK, per bbL-January. 50 5000 S71f
99 Soa9 30; February. So 4OG9 $500 4O@9 40;
May So 6711G9 1903 6774G9 TO-
LARD, per 100 Ds.-January. IS S71f@5 921I@
5 SI16Q5 80: February. IS 921z@5 95Q5 921zQ
50; May, s6 1906 1905 O71<G6 OK.
SHORT d1f RMS. per 100 Bs.@oJanuaGy; g 72H9
Nay S4 s5s9 35@1 S584 aY IS. '-a~' '-7'V' '-7A'
Cash quotanons were as follows: Flour un-
changed. No. spring wheat, TQ771sc;
No; spring wheat 66@6zc; No 2 red no
No.2 rye: 45zzc. No. barley, Sc. No. fax
SEED. 81 S6. Prime timothy seed, 81 20@22- Mess
pork, per bbl, S9Q9 % Lard. per 100 lbs, IS SIX
ssted sSo0derS So9eG COs DIy
clear sides (boxed). IS 05@5 10. Sugars-Cut loaf,
unchanged. Receipts-Flour, 14-O00 barrels:
wheat, 1000 bushels: corn, $4,000 bushels;
oats IA, 600 bushels rye, 5000 bushels; barley,
81 900 bushels. Sh1pments-Flour,1 Il 900 barrels;
wheat 1900 bushels: corn. $4,000 bushels;
oats lis, 900 bushels; rye 1000 bushels; barley.
q, 600 bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 2l@22c.
NEW YoRK-Flour quiet and irregular.
Cornmeal dull. Wheat-Spot dull lower and
heavy; options lower and weak. Rye weaker;
dull. corn%spot dull and weaker; options
moderately active, Hc lower and steady. Oats
Spot quiet and easier; options quiet and
weaker. Hay quiet and steady. Hops firm
firm 5Gl5 points up and closed steady and un-
changed to 10 points down: sales, S6,250 bags,
including December, l6l0@l6SO January.
16 IS I5glS25c; February lISs2s0S9l6z0c; sS March
l655c; June, 1650@1655c; July, l6 6406166o
August, l65O0I66Oc; September. 1850 I6.6Oc;
October, l645Ql655c; November, 165OQl655c;
spot Rio firm; fair cargoes l47c; No.T I7sS@I71zc
Sugar-Raw, steady and quiet; refined weak
and quiet Molasses-New Orleans fairly ac-
tive. Rice in fair demand. Cottonseed oil
tine quiet 45c. Eggs quiet and weak; Western.
23e: receipts, 3.9Sl packages. Pork quiet and
firm; mess inspected, Sll 00@1 Is; do unin-
spected. $40 5OGl0 70; extra prime, SO 759l0 co.
$40 So Lard-Spot weak and dull; options
steady; Western steam, s6 25; option sales of
$500 tierces; January, Sc 1905 Is, closing at
at S6 36 bid; April, So Al bid; May, S6 4706 49.
closing at S6 46 bid. Butter dull and easy;
Elgin, 29G29Mc; Western dairy. 96l9c; do
creamery. l46l27c; do held, l0@19c: do factory,
ChalSn
7Ql0c.
CHARACTERIZATION dull and in buyers
favor. Wheat opened weak; options declined
about &c, and closed nominal; fair to good mill
ing wheat, 7S@85c; choice and fancy long
berry at S7@92c; ungraded on track, Sc; No. 2
red, December, SOH@Slc; January, S05z48l1zc;
February, S2QS21&c; March. S31&@S4c. Corn
weak car lots II Enlsd sa in buyers, favor; new No
40c; new steamer. 4l@42c; new No. 2 421z@43c;
No. mixed December, 399391zc: January,
3Ssz@S9c; February, $685. c; March. .3SN N@39<c.
Oats firmer; No. white, 36G3015c; No. white,
BIC: futures advanced nc under light offer
inGs; No. white December 3O5z@3Iszc; Janu-
ary, 30AGS034c; February, S0$sQ3056e; March.
3OSzQ3lH. Eggs dull and unsettled; Pennsyl-
vania irsts. Ac.
MuwAUKEE-Receipts,S S56 Cars shipments
IS cars, against 262 and "a yesterday. The de-
mand for sample wheat, considering the tone
for futures, was good, though at lower range
than yesterday. Buying, as for some time past
Larger receipts brought more of it on the
sample tables, but it was pretty well disposed
of at the end of the session, excepting the low
grades and they were again very difficult to
sell. Buyers were in the market for them that
claimed to be unable to handle them at-the
prices asked. Closing quotations: No. l
hard, December, TIC; January, 7SIc: May,
s25zc: on track, 7Sc; No. l Northern Decem-
ber, 74s4c; January, 7415c; May, SOsSc; on
track, 7615c; No. Northern, December, nc;
January 721zc; May, TIC: on track. 72974c.
ST. LoUIs-Flour quiet and steady. Wheat
lower; there was slight show of strength
early in the day on small receipts at spring
wheat centers, but with declining markets
elsewhere, the close was weak and 7zQ5sc be-
low yesterday: No. red, cash. 775zc; Decem-
Der, 73<@7s1zc, closed 771zc asked; May. $3.50
s21sc. closing at SlssGS1115c asked. Corn dull
and weak: No. mixed, cash, 271<@H5Ec; De-
airy, 27ss@H13e, closed at Z7ssc; May, $3.50
2gXc, closed at 2SA@295sc asked. Oats weak;
No. cash, zoe; May, 225sc bid. Rye, No. 2
4Sc bid. Barley, only sale was one car in
Minnesota at SAC. Flaxseed 81 2S Provisions
dull and unchanged, with light demand.
MmwAUKEE-Flour steady; No. 2 spring on
track cash, 72Q73c; May, 761sc: No. Northern,
90c Corn quiet; No. s. on track, 29G291Sc Oats
dull; No. 2white, on track, 221d@23c. Rye quiet;
No. L in store, 461zc. Barley steady; No. q in
store, 461Zc Provisions easy. Pork, SS so
Lard. S. 80. Cheese steady; cheddars, sG915c
ToLEDo-Cloverseed active and lower; cash.
December and January, s. so; February,
sS 521<.