Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-18
MARKETS BY WIRE.
The Wheat Pis Asitated by Conflicting Ad-
vices-Prices Weaken ON Reports of
Fine Weather and Brace Up
Under the Influence of
HeaYy Exports.

Heavy Exports.
CHIcAGo-The Continued fine weather
throughcut the West easy early cables, and q
fair prospect of increased receipts caused hc
lower opening for wheat futures this morning.
Following the temporary early depression
there was q period of strength. growing out oi
the large export clearances reported. New
Orleans cleared 26U,000 bushels, which. added
to the shipments from Eastern ports, made a
total Of $40 900 bushels of wheat, besides the "A
6O0 packages of -four posted. The market
frmed up to 1890 for December on this news
while September rallied to 7716c. But the I'M
provement did not hold.
Bearish advices from the Northwest and free
selling orders from Minneapolis broke the mar
ket in very short time 11@ssc, September go
ing to TO and December to 7Sc. 1t was claimed
that Minneapolis had 70 cars of new wheat to-
day. with about 200 cars estimated for Monday,
and the cash market for Mol hard wheat there
was lG2c lower. At IL principal points re-
ceipts footed MP $50. 800 bushels and the ship
ments 3.600 bushels. Private cables were
generally encouraging to holders though the
late public ones were weaker. During the last
hour of the session the market was easy and
further slight shrinkage in speculative values
took place, many of the smaller class OF longs
unloading rather than leave their trades open
over Sunday.
Corn ruled quiet with occasional periods Of
temporary activity. The feeling was easier
and slightly lower prices were established. The
weaker tone was due to the fine weather and
larger receipts. Demand was rather light and Of
ferings larger. A prominent local operator who
has purchased literally of late wasn't buying
as much as usual and the market ruled easier
markets averaged nc lower. The market
opened at yesterdays closing prices, was easy
and declined Nc became quIet. changing but
little and closed zsqAc lower than yesterday:
N mndAr4fR AXtAnE
most of the interest centering in September
and May especially in the last named month.
The feeling was easy and prices declined
slightly.
Quite good business was transacted in the
market for mess pork and the feeling was
unsettled and prices irregular. Early sales
were made at &c advance. but the pressure TO
sell weakened the market and prices declined
30940c on near deliveries, and 15@2Oc on Jsnn-
AIRY. During the latter part OF the session the
market was steadier and prices rallied 74QlOc,
closed steady.
In lard trading was only fairly active. At
the opening few sales were made to shorts at
slightly advanced figures. Later, however, the
market weakened and prices receded 6glOc
A good speculative business was transacted
in short rib sides. The market opened tritie
stronger and sales were made at 214c advance
and prices declined l5@i7114c on near deliveries
and 56711c on January. At the close the feel
ing was steadier and prices advanced 5@715c.
The leading futures ranged as 1Ollows:
WHEAT-No. 2 September, T14Q771z@76H
@76Hc: October. T1zG77497c; December
7s3sG7s5s@771s@7sc. -
CoRNeNo. q September, 35X@35ss@35l@
351<c; October, $5I@S5H@39zQ zQSoAc; Decem-
Der, 347s@35@ 34A @343lc.
OATs-No. q September. 20N@204@20N@
2o1lc; october. 2O5s@29s@2Ok@ Decem-
Der, 20zkQ2l@ l@20H@201sc.
MESS PORK, per bbl.-Septenber. SO 500
9 sOG9 42x@9 SPY; October SO 7213@9 7235@9 50
a. 521S: January, SO 654e 65@9 45G9 so.
LARD, per 100 Ds.-September. Sc 25@6 25@
l71SG6 IN; October, S6 1718@6 l712G6 05Q
6 OK: JANUARY, s. 95@5 95@5 SOS IS.
SHORT RIBS. per 100 Ds.-September. IS 20
05 2O@5 021615 10; October, IS 221&@6 2273@
05@15 10: January. 81 S5@4 S71504 7715@4 So
Cash quotauons were as follows: Flour
steady and unchanged. No. 2 spring wheat,
771&c; No. 8 spring wheat, 7l@72c; No. q
red, 771Sc. No. 2:corn, s5sSc. No 2 oats, 2OA@
No. haxseed, 81 81; prime timothy seed, 81 40
@1 42. Mess pork. per barrel, 50 50@9 3d.
Lard per 100 pounds, So I5Gt %: Short NIB
sides Qoose) IS 05G5 Is. Dry salted shoulders
(boxed), easier. Short clear sides (boxed),
easier. Sugars unchanged. .bReceipts-Flour. H.
900 barrels; wheat, $4,000 bushels; corn. 300.-
900 bushels; oats $4,000 bushels; rye, 10000
bushels; barley, 1900 bushels. Shipments
Flour, 1900 barrels: wheat $4,000 bushels;
corn 4l3,OO0 bushels: oats, $4,000 bushels; rye,
Is 600 bushels; barley, 1000 bushels.
On the Produce Exchange to-day the butter
market was active and unchanged. Eggs
active at l43S0 l5c.