Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-02
MARKETS BY WIRE.
The Bear Crowd In the Wheat Pit Make q
Strong Fight, but Are Knocked Out
Prices Higher Under the In-
huence of Bullish

day, and although the bear crowd made stub
born fight over every inch of the ground the
market averaged and closed somewhat above
yesterdays latest buying prices. The strong
est feature of the market was the non-delivery
of any wheat this morning and the fact that
what went around yesterday after the close OF
Change landed with prominent operator who
was supposed to be manipulating July prop
erty. The reported decrease for July in Liver
pool stocks of wheat also had q stimulating
effect The movement of grain showed an In
crease to-day. At this point arrivals included
seven cars of spring. of which three were new
This is the first new spring wheat OF the season.
Late cables reported spot wheat at Liverpool
quiet and in limited demand. with prices for
futures va lower. Foreign houses were mod
crate sellers OF wheat here, but the volume OF
speculative business ali told was under an
average. Prices, though nuctuating narrowly.
closed a small fraction higher than yesterday
for the leading futures.
A very fair business was transacted In corn
early in the day, and higher prices were estab-
lished. The better feeling was due largely to
the active demand for cash property, which Is
selling at about nc premium over August De-
hverles on August contracts were next TO notn-
ing. Operators that usually trade in wheat
were giving corn more attention, and good
many were noticed in the pit to-day, and their
purchases had considerable to do with the early
activity. The market opened shade better
and advanced &c, eased of some, ruled nrm
and closed 4G3sc higher than yesterday.
In oats trading was fairly active. but a weaker
feeling developed and prices Tor futures ruled
trihe lower.
Trading was moderately active in the market
for mess pork, and the feeling was stronger
a reduction of 1O9l21<c was quickly submitted
to. Toward the close prices rallied loGI112c
and closed steady.
The lard market was firmer; sales were made
nA nAN md
moderately well supported.
Trading was fairly active to-day in ribs and
the market was strong. Early in the day sales
were made at 5G71Sc advance, but partially re-
ceded about the middle of the session. Toward
the close IL rallied again and closed steady.
The leading futures ranged as follows:
@T15c: December, 7sIs@7sssG Sstss seaT.
CoRNeNo 2 September, sglGssss@s61@
S621c; October. 3618@S6ssc; December. $500
OATs-No. 2, September. 2IhG2lN@NsS@
2l5sc; October. 2G22G2lA@AAc; May, $50
MISS PORK, per bbl.-septerber. SO 771<@
10 s2159l0 654l0 771<; October. $40 65@10 7d@
10 577@lo 70; January, ss77149s s5@9 7214@
u LAEg 1s per & 100 OBS, ssaseIssm5e1 $50 g 2Sss "a
6 2715: year, So 9715@6 co.
SHORT RIBS. per 100 hs-September. IS 571S
@5 COOS 523@5 5716; October. IS 571SG5 20
Cash quotatlons were as follows: Flour
steady and unchanged. No. spring wheat, rs
@7SHc: No: Sspring wheat, nominal; No. red,
rye. 4Sc. No 3 barley S' nominal. ON No / fiaT. lax
seed, 81 33@l 331z. Prime timothy seed, 81 43.
Mess pork, per barrel, $40 7O@lO 75. Lard, per
100 pounds, 50 l71%. Short ribs, sides Qoose),
s. 509@5 60. Dry salted shoulders (boxed),
s. l2x95 Is Short clear sides (boxed), s. 759
5 SD. Sugars unchanged. Receipts-Flour,
l6 600 barrels: wheat l57 900 bushels; corn. 24000
-. n
barley. none. shipments-Flour, q 900 bar
rels wheat, $4,000 bushels; corn. 40l, 900 BUSH
els; oats, 1884, 900 bushels; rye. 1000 bushels;
On the Produce Exchange to-day the butter
market was fairly active and unchanged. Eggs
quiet at lie.
NEW YoRK-Flour quiet heavy and 5Gl0c
lower for certain grades. Wheat-Spot dull
H@2Sc higher and firm; local trading. Rye
steady: western. 52@5315c. Barley malt quiet
Corn-Spot moderately active and easier: op-
tions fairly active and stronger. Oats-Spot
moderately active; white stronger; options
fairly active and irregular. Hay in fair de-
mand and firm. Hops easy and quiet. Coffee
Options opened steady; October S up, others
steady at i5@25 points up and irreg-
ular; sales. $3.50 bags, including
August IS5c; September. l4sO@15l5c:
December, l465Gl5OOc; January. l46O@l5 OOc;
March, l460@l500c: April. l4.6OGl4S5c; May,
l465Gl5 O0c; June Il 65c; spot Rio strong; fair
cargoes. 171ac. Sugar-Raw dull and easy;
dull; New Orleans quiet
Tallow steady. Rosin dull and weak; strained
common to good, 81 05@l 10. Turpentine firm
and quiet at 4O15@lAc. Eggs-Choice in de-
mand and firmer; western best, l3z@l411c; do
fair, llqlS1ac; receipts. 4.5S4 packages. Pork
Il pounds average, 7Hc; middles strong. Lard
stronger; good export demand; sales western
steam, s. 5OGs S, closing at s6 Oh bid; city,
closing at Sc 62 bid: October. So e2 bid; Novem-
ber. S6 40G6 43 closing at S6 As; February,
Sc 40, closing at Sc SO. Butter dull and weak;
western dairy. l0@l21zc; do creamery, 1lGl7c;
do factory, S@l2Hc. Cheese steady and fair
ly active; western, 6Q7c.
PHILADELPHIA--Flour-C old winter
fours steady and firm; new wheats not wanted
and springs continued dull at former rates.
dull and weak; futures quiet;
No. red, in do. S3c: No. red August,
s4sz@S54c; September. S41@S4s4c; October,
S454QS51@c; November, S5@S6c. Corn--Offerings
light and market ruled firm: speculation quiet;
No. mixed, in Twentieth street elevator
l2c; No: high mixed in grain depot,
l57zc; No: 2 yellow. in Twentieth street
444@45c; October. 4415G45c: No,
yeinber. 4414@45c. Oats car lots, steady but
quiet; No. white, 33c; No. 2 white, 341kc; do on
August, siXG321Sc; September, SoZ@siISc; oc.,
ober, 3lA@3lhc, November, 3l1S@32 Eggs
teady; Pennsylvania firsts, l41Sc. Receipts
Flour, 600 barrels; wheat. p 600 bushels; corn
s. 600 bushels; oats "a 600 bushels Shipments
Wheat, 1900 bushels; corn. 5000 bushels; |
'ats, 5000 bushels.
ST. LoUIs-Flour quiet but steady. Wheat |
higher; there was another buying craze after |
August this morning and the demand was |
Urgent enough to increase the price &c and all |
'ther options sold higher in sympathy, The |
lose was N@5Ac above yesterday; No. red,
ash, 74l4@7413c; August closed at 743sc asked; |
september, 751sc bid; December, SIC asked. |
and firm; No. linked, cash, 321<c |
i'd; August closed at 331zc; September, 331%c |
i'd; October. 3S5sc; May, 3434c asked. Oats |
teady; No. cash, 2l11c; May, 25c; August, |
81 30 bid; August 81 %. Pro |
isions irmer.
CINCINNATI-Flour easier. Wheat easier; |
10. 2 red. 7S@79c; receipts. S40o bushels; ship
nents, Il, 500 bushels Corn quiet and firm;
mixed. 26c. Rye easier; No. 2 46c. Pork |
uiet at $l1 S?1x Lard stronger at IS 80. Bulk |
meats IN moderate demand; short rib, IS 70. |
'acon firm; short clear, S. rs. Butter in fair |
emand. Sugar easier. Eggs firm at llc loss |
fl. Cheese firm.
MILwAUKEE-Flour steady. Wheat firm;
ash, TIC; September, 761zc. Corn dull; |
70. 8, SIC. Oats firm; No. white, 2S@29c. |
iye dull; No. l, 431Sc. Barley dull; No. |
september, 60c. Provisions firm. Pork. |
10 ~. Lard, So 10. Cheese lower; ched,
ars, 7t5@774c. .-
BALTIMoRE-Provisions dull Butter steady;
l6@l61&c. Eggs firm at 1870. Coffee
ominal: Rio fair at lS1<c.