Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-29
MARKETS BY WIRE.
Wheat Makes Another Squirt on the
Strength of Bad Crop Reporfs nt
Home, and Rumors Of a short-
age In Russia and


CHICAGo.-A marked change occurred ir
the wheat market to-day as compared witt
yesterday. The feeling developed was decided
| ly unsettled. and a sharp advance occurred
during the session, but not fully sustained
Trading was active in speculative way. The
opening was about the same to " lower than
yesterdays closing, which was due in part tc
| the rather easier tone of European advices
| and was sort Of continuation of yesterdays
weakness but shortly afterward the opening
became strong, and advanced lA@lHc for the
various deliveries, declined 5000, and
closed 1Isc higher for July, 11Se higher fol
August, and IL higher for December than yes
| terday.
The advance was attributed to the bad crop
news received from the Northwest. Advices
from various sources were received, noting q
poor outlook. 1t is claimed that the rains came
too late to do much good, and now the crop was
| receiving further injury from the hot winds.
| There were also believers in short crop in
Russia and Austro-Hungary The advance
was assisted some no doubt by the short inter
| est covering by parties who had sold yesterday
| taking fright at the action of the market to-
day. The feeling throughout the session was
nervous and feverish.
| A fair business was transacted in corn, and
the feeling developed was alittie unsettled,
4 prices ruling lower early and higher later in
| tile session. There was no new outside news of
Importance on the market and prices were gov.
| erned chiefly by local influences. The market
| opened shade lower than the closing prices
| Of yesterday and was easy for time, Influenced
| largely by the receipts and fine weather. A
| firmer tone then prevailed, due largely to the
| good shipping demand, and prices advanced
Nc, ruled easier and closed a shade lower than
| yesterday.
I A good business was transacted in oats, but
prices f1uctusted within a range OF Z@3Sc.
A fairly active trade was reported in mess
| pork. but the market was somewhat unsettled.
and prices ruled irregular. Opening sales were
made at TIC decline, and further reduction
| of l0c was submitted to, with moderate trading
| at the declining scale. Later the market ex-
hibited more frmness and prices rallied 711@
| 10c and closed comparatively steady.
A quiet and rather dull feeling prevailed in
| the lard market Prices ruled 21z@ SC lower,
and the market closed quiet at medium figures.
Trading was only moderate in short rib sides
and the feeling was easier. Early in the day
prices receded 215@5c, but during the latter
| part of the session was steadier and prices
rallied again and closed steady.
The leading futures ranged as follows:
WHEAT-No. 2 July. 7914@Soss@ s@79sS@ S@sossc:
SsS[sH,sS Sas}lc?; DECEMBER, 7s5S@siIssGai7sHS
Corn NO. 2 July. S4x@S5@SE4@s4Ne;
August, s5zl@s24 49S5I@S51se; September. s69
eS.s Ssy ts "a
MESS PoRK, per bbl.-July, sll 75@u TX
oil 65Qu IS; August, sl1 S5@l1 S5@ll SO@
Slad 2 a1tS S. September sll sS9ll s5@ll s71sS
LARD. per 100 Bs-July, IS 6O@6 COG
57k?s & @ 517z: ,,Ag august g ezl@6 671s septem-
SHORT RIBS. per 100 bs.-July, IS sO@5 esq
s 9045 IS: August. IS 971S@6 021S65 g71f
@6 90: September. Sc 0716@6 l0@6 05@6 OH.
Cash quotations were as follows: Flour was
firm and unchanged; No. 2spring wheat size;
No. spring wheat, 7615c: No. 2red, size. No.
corn. 35c No oats, 221Sc. No. rye. 4215c
No. barley nominal. No. l flaxseed. 81 4s
barrel. s11 rs. Lard, per loo pounds, Sc 571a@
60 Short ribs sides tloose). S5 e0R6 90. Dry
salted shoulders (bo1edl. IS 25Q5 By Short
changed. Receipts-Flouf. 5000 barrels; wheat,
5000 bushels; corn, 207 900 bushels: oats 146 0O6
bushels: rye, 1000 bushels. Shipments-Flour,
1900 barrels; wheat %. 900 busnels; corn. 4O4
900 bushels: oats, l2a000 bushels; rye. IL 600
bushels; barley 600 bushels.
On the Produce Exchange to-day the butter
market was firm; fancy creamery, 16@l615e.;
fine, l5Ql515c.; finest dairies, l2@l4c; fine l06
1014c. Eggs firm at l2c.
NEW YoRK-Flour quiet and firm; held So
10c higher on best grades. Wheat strong and
dull; options fairly active, N@lGc higher. and
unsettled on unfavorable Northwestern crop
news. Rye firm; western, 50@5lHc. Barley
malt quiet. Corn-Spot less active ana firmer;
options moderately active and firm. Oats
Spot dull and barely steady; options firm and
and quiet. Coffee-Options opened steady
and l0@l5 points down; closed steady and 4O@&
points down; moderately active; sales, loo,25o
August, l3:6O@l4c; September, l&750l4 l5c: oc-
tober, lSs5@A2 2oc; November. lSs5@l430c;
RsssmPss ser S. a Jan%VaTy $ seS s
l4S5c; April, lls5@I4 4oc; May, T4IO@l4 4Oc:
Spot Rio quiet; fair cargoes at 1910.
Sugar-Raw. quiet and steady; sales, 1000 bags
centrifugals' S6 test, at 81 6; and T.; refined
ftrm; rs' so test size; New Orleans dull 'fEa RICE
steady and quiet Cotton-seed oil dull, de-
pressed and nominal. Tallow quiet; city, 4 S-l6e.
and quiet at S713@Ssc. Eggs quiet and easier:
western, A@l415c; receipts, 8, 30l packages. Pork
more active. Cut-meats firm; sales picked bel
lies icS1ed poSp1nds' 5Me: gaSnIsSs 6%S IL pounds
ders. 51stp51lc. Middles slow; short clear Sc IS.
Lard lower: moderate demand; sales western
steam s6 s719. closing at s6 s5 city s6 IS; July,
tember, 81 U7@7 90. closing at 81 0S bid; Octo-
Der. 81 %, closing at 81 TO- Butter dull and
weak; western dairy, l0Ql4c; do creamery, 13@
ceIpts cleaned up; western, 75l@S4c.
PHILADELPHIA - Flour quiet but firm,
Wheat-Options wholly nominal in absence of
speculative business; car lots firm under
scarcity: sea- No ss red June nominal; July; s259@
Corn quiet but firm under light offerings;
futures Nc higher for all months except Sep
sembe5; No No ,Iha mixed m gi5, grain depot 4shc;
w,
@4215c: August. 4215@43c; September, 422l6
43Ac. Oats-Car lots quiet but steady: No.
white, SlA@3lsSc; No: white: S334G3ic; fu-
lures quiet but firm; No. 2 white, June $50
SSszc; July. S25s@3S11c; August. 31sz@S2Nc:
September, 3l54@3214c. Butter steady; Penn
sylvania creamery extra l11SGl7c; do prints
l51SGl6c.
ST. LoUIs-Flour quiet and unchanged.
Wheat higher; No. red, cash. SIC bid; June,
S4QS5c, closed at Soc bid; July, 74G751zc, closed
at 74zs@75c; August 75ss@75ssc, closed at 75c
bid; September, 75@T61Sc, closed at 1910 bid:
December. 7S1s@7S15c, closed at 79Isc bid
Corn easy; No. mixed, cash. 3l%c; July
closed at S21zc asked; September, 3S115c, closed
at 331 &c bid. Oats lower; No. cash, 23c asked:
221Sc bid; July, 221sc bid; May: 25c bid. Rye
No. 9 hard, SOC bid with 40c asked. Flaxseed-
and nearer deliveries. Provisions quiet
CINCINNATI-Flour firm. Wheat strong and
higher; No. 2 red, SOC: receipts, l.5OO bushels:
shipments, J, 400 bushels. Corn steady; No.
mixed, 3Sc Oats active: No. mixed, $50
2515c Rye quiet; No. 2, 46c Provisions quiet
and unchanged. Butter firm. Sugar hrm
Eggs and cheese firm.
firm; cash, 1870; July. 7S5sc: September, TSc.
Corn Quiet at S5c. Oats quiet; No.2 white. 27N
@2Sc Rye firm: No. ]. 441%c. Barley dull; No
z 5o95le; Provisions easier PORK. cash, sil so:
July, s1 So Lard. cash, s6 65; July, Sc 90.
Cheese lower; cheddars, SQSzc.
BALTIMORE - Provisions steady. Butter
steady; creamery, l6@l7c. Eggs firm at l5@
151Sc. Coffee unsettled; Rio, fair, l7c,
ToLEDo-Cloverseed dull: cash 81 47J% bid.
October, 81 IS bid; receipts, none; shipments
160 bags.
PhiIadelphia Stocks.
ryoesno onotattons of PbfIsdelpbi, stoct. o,,