Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-11
MARKETS BY WIRE.
Poor Grading Favors the Bulls in the Wheat
Pit-Sick Cables Lend Additional
Strength and Higher Prices
Extnblished-Coru and
Onfs Stronger.


strength and &C higher on opening was due to
the execrable grading of the receipts and the
| small percentage of No. in elevator STOCKS
| here. Only seven cars out of total OF oo'
graded contract, or per cent, the gram regis
| trars reporting over the total quantity on hano
| year ago. when Hutchinson began his corner
and that operator is now, on the authority Oh a
morning paper, between 100000 and S,OVoOOU
bushels long of the market
The feeling gradually worked frmer until
gain of HQlc over Yesterdays closings was
established. but a slight reaction just at the
finish left the net gain for the day 5s@1sc. Be
| tween II and o'clock the market was bulllsn
on rumors that the Government crop report
| due this afternoon, would show three points
reduction in the average condition OF spring
| wheat The trading to-day was mainly in De-
cember and May.
moderate business was transacted in corn,
and the market was somewhat hrmer. 1t
opened 1sc above the closing prices OF yester-
day and under liberal purchases by one or TWO
large houses advanced k@Ac. Offerings then
became larger, the local crowd selling 1reely,
and the market reacted 14G3sc, rallied when
the estimates for tomorrow came ID, and CLOSED
LG1zc better than yesterday.
A stronger feeling developed In oats, and
prices advanced 1s43sc Trading was more an
imated, but centered chiefly in May, which was
purchased quite freely by several heavy opera,
tors. The nearby deliveries were not onered
with any degree Of freedom, and prices appre-
ciated slightly.
and the feeling was somewhat unsettled. Prices
ruled 70QT5c lower early, but rallied to medium
figures, closing quiet. On the other hand, jan
uary showed more steadinesS ruling at about
yesterdays figures.
An easier feeling prevailed in lard, and trad
ing was only moderate. Prices ruled 21245c
lower, and the market closed quiet at medium
figures.
Short ribs were quiet and the feeling easy.
Prices ruled lower for the near, but steady for
the deferred deliveries.
The leading futures ranged as follows:
WHEAT-No. 2 October. 569764@76g169sc;
December. 77s4@7s15@77ss@7S14c: year, 1850
7oSg 5S<g761sc; May; sl24@o29s gSl s@S2zsses;,
s8S%c; November, 8sSSss5s Deem
beT 33Q331Rc.
oATs-No.2 2, October, ls79@ls15 5@I9ssGl9Xc;
November, l9ss@l95se; May, 28@23Ise.
II S59lI 40; year, S 7O@S s25S@S 70aS s25S;
LARD, per 100 Ds.-october, IS 90@5 S71a;
year, 50 1895 20; January, s. 721f95 75@5 7211
SHORT RIBS. per 100 bs.-october, 81 cog
9213a4 S5l4 so; January. 81 60
Cash quotations were as follows: Flour steady
spring wheat, 64ss6c; 3E So. red eds 7sj4c: No.
corn. 351ac. No. oats, l9llc. No. 2 rye. 415c.
No barley. 6O@6275c, No. iaxseed. 81 2911
Prime & timothy seed, 81 26. Mess pork,
s. 95. Short NIB sides Qoose), IS 05@5 10;
dry salted shoulders (boxed), 81 5064 6215;
short clear sides tboxed), S. S7h@5 80
Sugars, cut loaf, unchanged. Receipts
Flour, 5000 barrels; wheat, 1250o0 bush
els; corn, $500 bushels; oats, "a, 600 bush
els; rye, 2500O bushels; barley. 81, 600 bushels.
Shipments-Flour, 1900 barrels; wheat. 2l2,-
900 bushels; corn. 1000 bushels; oats, 1l7,00O
bushels; rye, 5000 bushels; barley, 1900
bushels.
On the Produce Exchange to-day the butter
market was higher; fancy creamery 2Oq2lc;
finest gathered creameries, I7GlSc; finest
dairies l5@l6c; fair to good, 9@l0c. Eggs, 16c.
NEW YoRK-Flour dull and barely steady.
Wheat-Spot stronger and dull; options mod
erately active, 1s@ssc higher and firm Corn
Spot higher and quiet, light offerings; options
1z@3zc high and quiet; options fairly active and
stronger. Coffee-Options opened steady, 5@
10 points down, closed firm, unchanged to
tember, i5sOc; October, I5SOaI5.g0c; Sovem-
Der, l5SU@l590c; December l5.S5@l595c;
January, IGS5@l60Oc: February, l5.sO@
l595c; March, l5909l6.00c: April, I5.956l6.OOc:
May, l595@l6.00; August, l5959l6.00c. Sugar
Raw strong and in fair demand; sales of i, 900
bags centrifugals. $50 test. at l61zc; $50 hogs
heads and 200 bags muscovado, ,S90 test, at 555sc:
yellow, 4O1S@41c. Tallow weak; city " for
packages), lSl6c. Turpentine quiet and
steady. Eggs firm; western, i@l9c; receipts,
:, 467 packages. Pork strong. Cutmeats nrm;
Spot dull; options active: September and Octo- |
ber lower; new crop firm: western steam, S6 30; |
sales of September at S6 30@6 So; closing at |
Sc 30; October, Sc 2S@6 80; closing at S6 "a |
asked: November S6 II asked; December IS 10 |
at l3 closing at S. l3 asked; January IS 100 |
& IA, closing at Sc Ia asked; February, Sc IS; |
nlarGh, 80 Il. Butter hrm; western creamery, |
lo92lc. Cheese firm; light offerings.
ST. LoUIs-Flour steady and quiet. Wheat |
higher; early cables were dull and lower, but |
later came in firm; on ocean showed $1,000 |
bushels, decrease, and estimates from Europe |
were for larger requirements than had been |
figured on, all of which tended to advance |
prices, and the close was 5s@5ac above yester-
day; No. 2 red, cash, 1870; September, 76c. |
closed 1910 bid; October, 755s67611c. closed |
May, SlSs@S214c, closed S21sc asked. Corn |
higher; trading light; No. 2 mixed, cash, SOC; |
October, SO1z@S03sc, closed 9Oss@3O15c bid; De-
9ember, 9 SO@3Qlsc, closed $9zsc bid; January
52ssc bid. Oats higher; No. cash, 1Sc bid;
May 2234@227sc. closed 225sc bid. Rye, quiet
and easy; No: 2 3Sc bid. Barley, nothing done.
higher; 81 24H. Provisions dull.
PHILADELPHIA Flour dull, Wheat-No.
-ed September 914@7915c; October, SOI56SOsSc:
November. Sl1z@S1s4c; December, s215@S2%c |
Corn-Options steady. but quiet: carlots dull
ind shade weaker; No. 2 high mixed in Twen-
.eth street elevator, 4234c; No. 2 mixed,
September, 4Isl@42c; October, 411S@42c; No,
Tember, 42114@4Sc; December 4114G421zc Oats
-CaTlOIS lOWeTs NO WnlGe, Zo12c; futures
luiet but steady; No. 2 white, September
6l4d2613c: October. 274@27Ac; November,
SQ2S1zC; December. 49, @29111 &c. Butter-Fancy
creamery scarce and firm: poor grades plenty
md dull: prints in good request and firm. Eggs
irm: fair request. ReceIpts-Flour, 700 barrels.
Wheat 10 800 bushels; corn, 10 500 bushels: oats,
s. 200 bushels.
CINcINNATI-Flour in moderate demand.
Wheat firm; No. 2 red 761%c; receipts, 5000
,ushels: shipments, LOCO bushels. Corn frmer:
No. mixed, 351fc. Oats firm; No. mixed,
I1z@2l14c Rye scarce; No. 2 46c. Pork quiet:
{ Sll 3715. Lard easier at S. S. Bulkmeats
ull; short ribs, SIS l215. Bacon steady and un-
hanged. Butter strong and higher; fancy
22G23c; choice dairy, ll6l2c Sugar
teady. Eggs frmer at l4c. Cheese strong.
MILWAUKEE Flour dull. Wheat firm:
ash, 1870: October, 731lc Corn dull; No. 8, S3c.
bats quiet: No. white DC. Rye easier; No,
, 42l<c. Barley unsettled; No. 2 September
34G56c, Provisions easier. Pork-Cash |
IL 40; October, SlI As. Lard-Cash, S. 80; Oc-
ober, IS 95 Cheese unchanged; cheddars. 81
1s3lc.
Observation-Disclosures steady. Butter firm;
Western packed. 10@l4c: creamery. I7@1Sc.
Eggs steady at l9c. Coffee firm; Rio cargoes,
air, 1910.
ToLEDo-Cloverseed steady and dull: cash