Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-03-07
MARKETS BY WIRE.


May Wheat Slightly Higher, July Option
steady-The Market Nervous and Un-
settled-Corn and Oats Lower
Hog Products Active.
CHIcAGo-Only moderate business was
transacted in wheat to-day and the feel
ing was unsettled. Fluctuations were not
violent but frequent, within l5sc range for the
day. The opening for May was 1@ll4c lower
than yesterday. which was the inside price Oh
the day, rallied with numerous fluctuations
lssc, declined &c, recovered Nc and cioseo
about Nc higher than yesterday. July ruled
steadier and after opening ssc lower advanced
&c and closed the same as yesterday.
There was nothing new in the situation, and
a mystery still surrounds the trade which
operators are unable to decipher. The i'm.
preston prevails that one of the large bull
traders had sold out his holdings, but whether
this operation merely represented side issue
and was actually in conjunction with other
bull houses, it is difficult to say. There was
an effort made to-day to hold the market and
prevent further decline, buying orders on the
break being sufficient to cause reaction.
A quiet steady feeling prevailed in corn
most of the session, trade being only moderate,
and almost entirely local. The market opened
at yesterdays prices and closed shade lower.
Oats were more active during the first part OF
the session than on any day this week. On un-
loading by the longs May declined Sc, but on
buying by the shorts caused a rally to opening
figures, and the close was a shade lower than
yesterday.
The market for hog products was the center
of speculative attraction and trading was quite
brisk. Mess pork opened at l213@l5c advance,
but this was partially lost. Later the market
exhibited considerable strength and prices
suddenly advanced 35@S13c, This tended to
enlarge the offerings and prices receded 1219Q
l5c the MAJ ket closing steady. Lard and
short ribs followed the lead of pork.
The leading futures ranged as follows:
WHEAT-No. March, Sl1@99S SQ9S1z z@991 &c;
May, 81 00zgl o21s@I 0O94Ql 0lls; June, $50
H&S6Ss63Sc; July SS5sSss8 @Ss.GssSSHHeSe SSHHeSec,0z,l
oATs-No. March, 259SG25Ac; May, 271S
@271s@2654@ 4@271sc; June, 2691S @26654@261l@2
s2 Ss oos5 S ss gs5 @ OSaa'J Si2 M June sss 81 IL S s
LARD, per 100 bs-March, So 92]S@6 95;
May, s. o6@7 1907 OO@7 O5; June, 81 0f1a@7 l5
SHORT RIBS, per 100 bs-March, 50 25; May
s6 SOQ6 4O@6 2716Q6 IS, June, S6 S716@6 45@
Cash quorarOns were as follows: Flour quiet
9Ss4@es15c; No. 8 spring wheat, S569Oc; No.
2 red, 9S54@99%c. No. 2 corn. 345zc;
No. oats. 251zc. No. Frye. 42Rzc; No. 2 barley,
ss SEQ as To- La4d Mess per PS66k o6 lbs gsssF %
Short ribs sides Qoose), Sc 25@6 80; dry salted
shoulders (boxedl, S. S@5 S715; short clear
unchanged. Receipts-Fiour, 1900 barrels;
wheat, 5000 bushels: corn, ISL 900 bushels;
oaJs LIS, 900 bushels; rye, 1000 bushels: barley,
reis: % Wheat @ 2Soo bushels; corn. 1900 % BUSH 5
els; oats, 1900 bushels; rye. 1000; barley,
$1,000 bushels
On the Produce Exchange to-day the butter
market was steady. and unchanged. Eggs
steady and unchanged.
NEW YoRK-Flour quiet and unchanged
Wheat-Spot steadier and dull; options fairly
active; early months N@1zc lower. late months
a trifie frmer. Barley and barley malt quiet.
higher. Oats-Spot steady and duh; options
dull and steady. Hay quiet and steady. Hops
fairly active and strong Coffee-Options
opened steady, 10 points down to 10 points up,
including March and April, .20c; May,
l695@l7.25c: June, 17.05@l7.S5c; July 7156
17.45c; August I7.20@l7.65c; September, 1880
@l7.7oc; October, H.S59lI. .9Oc: November, l7.40
@l7.50c; December, I7.45Q17.55c January, 1850
Ql7.60; February, 17.55Gl7.S5; spot Rio higher;
fair cargoes. Ice. Sugar-Raw stronger and in
fair demand; fair refining, Sc. centrifugals, s6
mand. Molasses = Foreign firm; so test;
Kettle, good to fancy; ;2sG2c. Rice firm and
yellow. 4Sc. Tallow steady; city, 41Ic. Rosin
strong; strained common to good. 81 1901 Tx.
Turpentine firm and quiet at Size Eggs in
fair demand and tirmer; Western 1454@l5c; re-
old mess, sl2 50@l2 IS; new mess, Sl3 O0Gl3 so;
extra prime, So so. Cutmeats quiet and cas-
Ter: sales picked bellies, II Ds, &c; l6 u.s. &c;
picked shoulders. 5ssc; smoked shoulders, ,61sc
Lard stronger and in better export demand;
sales spot western, 81 S. closing 81 S718@7 40
city. So 90; March. 81 30, closing at s. IS; April
s. S4Q7 4O closing at 81 3S; July, 81 40; Au,
gust, 81 a; September. 81 1907 Al. closing at
81 A. Butter firm and in fair demand: West
ern dairy, H92lc; do, creamery, new, 17@2Sc;
Elgin. .29G3Oc. Cheese steady and quiet; West
ern, e1S@1l4c.
ST. LoUIs-Flour easy and 5@20c lower than
last week; Xxx, SS 1903 Is; family, So 4063 so;
choice. So 1898 IS; fancy, 81 40@4 20: pa ents,
but recovered later and closed firm at about
yesterdays finish; No. 2 red, cash, 9S15G94c;
May sold at 454Q955sc, closed at 957Sc; June, go
@92Sc, closed at 92ssc; July, S215QS27sc, closed
better and firm; No. 2, 2s15G2S5sc; April, $500
2915e; May, 3054@305zc; August, 3S1Sc Oats
firm but slow; No. cash, at 2314c bid: May
No market. Fiaxseed quiet at 81 so. Bag.
ging, 716@915c Iron cotton ties at 81 10. Pro
visions frm and higher but slow.
CINCINNATI-Floure easier. Wheat dull and
nominal; No. red. 95c; receipts, 1,5O0 bushels;
mixed, S3SQ3411c. Oats barely steady; No. 2
mixed, 26@2615c. Rye easy; No. 2 SIC. Pork in
fair demand at Sl2 25. Lard stronger at Sc goa
co. Bulkmeats strong and higher; short ribs.
Sc 37775 Bacon in fair demand and higher; short
clear, 81 6275@7 70. Butter DULL. Sugar firmer,
Eggs in fair demand. Cheese firm.
M1wAUKEE--Flour steady. Wheat easy:
cash, 9O15c; May, s917e; July, 9Okc Corn
steadyi No. 8, 301463lc. Oats easy: No.
white, H@2713c. Rye active; No. /, 4S1%c.
Barley dull; No. 2 56c. Provisions firm. Pork
at sl2 90; Lard, 81 90. Cheese quiet; ched-
dars, llQll&c.
Wheat dull and prices of options wholly nomi-
nal. CONCEPTIONS firm under moderate offer
ings, but export demand was light and specula-
tion very tame; carlots for local trade moved
slowly. Oats steady.
ToLEDo-Cloverseed quiet and steady; cash,
March, 81 SO: April, 81 s218; receipts, ls9 bags;
shipments, 754 bags
BALTIMoRE-Provision firm. Butter and
sfeadY and mechanical Cnffaa finn. Ia