Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-05-04
MARKETS BY WIRE.
Wheat Receivers Some Of It's Lost Ground
Corn Scores an Advance-Oats About
Steadv-Hog Products Quiet
md the Feeling Easier.

Corn Scores an Advance-0ats About
steadv-Hog Products Quiet
md the Feeling Easier.
CHrcAGo-A very fair business was trans
acted in wheat to-day, and the feeling was
stronger, with part Of yesterdays decline re-
covered. June showed more strength and ad'
vanced lAc and closed about lssc higher. July
opened shade stronger than yesterdays
closing and gradually improved, advancing l1se
and closed about lc higher than yesterday
There was nothing special in shape OF out
side news to cause the frmness, which was at
tributed to a change in local sentiment, that
perhaps prices for the present were low enough.
At any rate there was less pressure to sell, and
the speculative offerings were not as heavy as
yesterday With fair buyings, partly by
shorts" and for investment for quick turns,
the market was well sustained. Duluth and
Minneapolis are both lower to-day. Advices
from Dakota report no rain.
A tair business was transacted in corn, and
the feeling developed was firmer. The stronger
tone was attributed mainly to the active ship
ping demand and to smaller anticipated re-
ceipts. The near futures were relatively irmer
and the premium of the more deferred deliver
les was narrowed somewhat. The market
opened at yesterdays closing prices, was hrm
and advanced SC ruled steady, closing ZQHc
0lRner IMAM yesterday.
Oats were quiet, but steadier, and prices 1z@
&c higher The amount of new business was
not large, and good part of the trading con-
sisted in selling May and buying June and July
at &c difference.
Little interest was manifested in hog prod
ucts and the feeling was easier. The receipts
of hogs were larger than generally anticipated,
accompanied with moderate decline in prices.
and this feature had tendency to enlarge the
offerings Of products, especially for July deliv-
cry. The general surroundings of the trade fa-
vOred the bear element, and the market lacked
support. Prices favored buyers and averaged
lower on all descriptions. Trading centered
mainly in July.
The leading rurures ranged as roIlows:
WHEAT-No. June. 3z@s0h@7s24@Sg1 &c;
July, T16Q7SNQT1SG7s76c; August. T6@76sz@
CoRN-NO. 2 June, s46S4sk@s4@s4xc; July,
S5zc.
oATs-No. June. 22sS@2sc; July, 22A@S0
22A@23c.
Mass PonK, per bblzJune. sI1 S711@n e5e
oil SGll 7OGli s.
LARD, per 100 ns-June. So sO06 S5G6 SO9
8 g; July s6 S716@6 s714@6 S5@s Tx; August,
SHORT RIBS, per 100 Hs.-June, IS 95@5 g71<c;
6 1905 0Iz@6 l21S
Cash quoranons were as followE Flour steady
and unchanged No. 2 spring wheat Sl@82c;
s% No; 8 spring wheat, n976e, No, 2 red SO@
No. rye. 401Ic. No, barley nominal. 80.
naxseed. 81 565S. Prime timothy seed, 81 S2Gl So
Mess pork, per barrel, sll 556u CO. Lard.
per 100 lbs. Sc so: Short ribs sides
tioosel. S SO@6 90 Dry ,salted shoulders
Flour 1900 barrels; wheat, 1900 bushels;
corn, S25 200 bushels; oats. 2240O0 bushels; rye,
1000 bushels; barley, 1900 bushels. Ship.
bushels; corn. so, 900 bushels; oats. ilS,OoO
bushels; rye 1000 bushels; barley, 10000
On the Produce Exchange to-day the butter
market was weak; fancy creamery, @@2Ozsc;
choice to fine, lSQl9c; fine dairies. l6GlSc; fair
to good. l2Ql4c. Eggs firm at ll11Gl2c.
NEW YoRK-Flour steady and moderately
active. Cornmeal more active and steady.
Wheat-Spot quiet and Z@5Sc higher; options
dull, MQSzc higher and strong. Rye dull;
western. AsG5Oc Barley quiet Barley malt
dull. Corn-spot moderately active and
stronger. Oats-Spot irmer and quiet; options
hrmer and fairly active. Hay steady and
quiet. Hops quiet and firm. Coffee-0p-
tions stesdy; closed 56l0 points up;
sales Of q go bags including May l6sO9l6S5c;
l7.2O@l7.25c; September, r.S5@17. .4Oc; October,
7.4Oc; November and December, I7.5Oc: Febru-
ary, l7.55c; March, 1L55@l7.6Oc; spot Rio
steady; fair cargoes, 1916. sugar-Raw dull;
sales, 200 bags; molasses, 81 test
at &c; refined quiet and steady. Molasses-
Foreign strong; New Orleans quiet.
Rice steady and quiet. Cottonseed oil quiet.
Tallow steady. Rosin steady and quiet; |
common to good, 81 l215Gl 16 Turp.
entine dull at 43c. Eggs in fair demand |
Ind firmer; western, l2z@lSc; receipts, 4,700
packages. Pork quiet; mess, slS 0O@l3 Is;
,xtra prime, sl2 00ll2 25 Cutmeats quiet;
,ickled hams l01z@l01Sc; picked shoulders, !
IssG5ssc; picked bellies, 6z@71zc. Lard |
stronger; moderate demand; sales western /
team, 81 l5@7 Tx, closing at 81 TX bid;
,i.y, s. 65; May, 81 Is, closing at 81 l6; June,
l6; July, 81 1907 19, closing at 81 10; August
q II bid; September, 81 25@7 26, closing at
q 26 bid. Butter easier; moderate demand;
western dairy, l09l7c; do creamery, l5622c;
Glgins, 2SG24c. Cheese firm and in better de.
nand; western. SQ9c.
ST. LoUIs-Flour active and steady. Wheat
'etter. May sold lc lower early at 761Sc re-
overed to &c, and later was neglected. The
averable reports from the Northwest and
nth advancing markets at all points. The i'm
was slow and trading moderate,
hough the close was firm, with June L0sSc
nd July and August A@ssc above yesterday.
70. red, cash. TIC; May, 7613G177c, closing at
&c; June, 751z@7515c, closing at 7516@T5sSc bid;
uly, 7315G741sc, closing at 74@741Sc; August,
S9I@74c, closing at 741SQ74zc. Corn firm,
NJ trading light; No. 2 cash, 3O1z@9011zc; May,
D1&@3056c, closing at 305Sc: June, 3O%@Slc'
losing at 305sc bid; August, 3lzSc. closing at
&c bid; September, SS18@335Sc, closing at SSH
1880 bid. Oats higher; No. 2 cash, 24c; May,
311SG2Sssc; June, 2S15c, Rye dull; May offered
{ 421%c. Barley quiet. Flaxseed, 81 45 Bag