Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-23
MARKETS BY WIRE.
Activity in the Wheat Pit, But at Loss OF
Values-Liberal Receipts and 1n-
creasing Stocks-The Bear


values-Liberal Receipts and In
creasing stocks-The Bear.
Arguments.
CH1CAGo-Trading in wheat to-day was large
in speculative way and prices were again
lower. Early in the day there was very good
buying. local operators taking hold freely In
the way of covering and also bought hberally
in hopes of a reaction. This held the market
firmly for some time after the opening within
narrow range of prices. There was plenty OF
wheat for sale and the "long' interest appar-
emily well liquidated. A prominent dealer sold
freely most of the day. Early buyers failing to
get any substantial support and the market
not advancing finally turned sellers and this
effected the break.
The opening was about Lc below yesterday
closing but the market ruled strong for awhile
and prices were advanced &c. Then the mar
ket held steady within Nc range, but later be-
came weak declining llzc, and closed about lc
lower than yesterday. The influences were
generally bearish. Liberal receipts, increasing
stocks and unfavorable market advices from
outside points were the arguments {aVorlng
lower prices.
In corn fair speculative trade was reported,
with the feeling prevailing comparatively nIm
on the deferred deliveries, while cash and Oc-
tober were rather easy, being quoted az &c
under November About the only feature W as
the free selling of cash by prominent local
Spectator and large shipping house, which
had adepressIng influence. The market opened
yanced 1s@1<c, eased of a little, and closed
shade better than yesterday.
Oats were quiet and without new features OF
special importance.
In mess pork trading was fairly active and
the feeling was stronger. October was lOc
higher early, but closed easier. November
was strong with good local buying, and prices
were advanced 2925c and closed firm. Janu-
wa eomDarariyplV sreadV
Quite good trade was reported in lard and
feeling was stronger.
In short ribs sides fairly active trade was
reported. mainly in October and January de-
llVeries. The former ruled 109l6c higher
early, but other deliveries were without par
ticular change.
The leading futures ranged as follows:
WHEAT No. 2 December. sO14@SOk@79ss
G79111c; year. zS33zG7s3z zQ77A@7T3zc; May. sS14
@S35zG921S6S25sc
CokN NO. z November, 3O16@SON@ N@SO31@
SSse; 8 1eeembsr ,,$ $SOQSO7s9SOEGSO7s; May
oHTsNSo: November, 1s5s@ls5sc; May,
lssG2lKQ2lss@2l2S
NESS PoEK per bbL.NoyembeT, s. 5O@ 5Og
So; January. as q lSas 56Ss 45gs IS S'>' w
LARD, per 100 ms. - November, S6 00@
6 0716@6 OO@6 90: year, S5 92%G5 1895 9215@
w; January, IS s714@6 oOg5 95@5 9a -.
4 80; January, 81 SGQ4 so.
Cash quotstons were as follows: Flour dull
and lOc lower. No. 2spring wheat 7712@EMc;
No spring wheat 62@64c; No. red, 7714@
rye. 4lszc. No. barley, nominal No. fax
seed. 81 Is. Prime timothy seed, 81 09Gl TO-
Mess pork. per Dbl. $40 75Qll 90. Lard per 100
s. 2OG5 40. Dry salted shoulders (boxedl. 81 %
"a So Short clear sides (boxed), S5 50@5 621S.
Sugars, cut loaf, SIC; granulated. 7ssci stan
wheat, i7fOOO bushels: corn, 2ss, 600 bushels;
oats, 262 600 bushels; rye 1000 bushels; barley,
l6l, 900 bushels. Shipments-Flour, "a, 900 bar
rels; wheat 10000 bushels; corn. 3O9 600 bushels
oats. 47s,0Oo bushels; rye, 5000 bushels; barley,
l3S, 600 bushels.
On the Produce Exchange to-day the but
ter market was weak; fancy creamery, 23Q
2S1sc; fine, l7@lSc. Eggs. lsc.
NEW YoRK-Flour dull and heavy. Corn
meal weaker; yellow Western, 81 2562 65.
weak; options active and unsettled; free SELL
ing, chiefly local; large increase in amount on
passage; heavy interior movement and break
at the West caused the depression; prices "a
&c under yesterday, closing heavy. Rye dull:
Western, z99521Sc Barley quiet. Barley malt
dull. Corn-Spot frmer on scarcity,
and steady. oats-spot frmer and
moderately active; options steady and less ac-
tive. Hay strong and in fair demand. Hops
quiet and steady. Coffee-Options opened
sead 'gD RGafs to up po1ss rGs aosG
sales, $500 bags, including October,
l53Oc; November, l52o@l525c; December,
Ms4c6 IanSariy InF FsOT9s6s I5S
laSOc; May, 1&209l53Oc; september l6l0c;
spot Rio steady and quiet; fair cargoes 191<c.
Sugar-Raw nominal; refined quiet and weak;
&c; confectioners' A, 69c; cut loaf, 75Sc;
Molasses-New Orleans dull, Rice firm and
tine steady. Eggs-Fancy firm: Western, 200
2l1lc; receipts, 1865 packages. Pork irregular
and easier. Cutmeats quiet; sales picked bel
s petad d .BouTSs BOupTSs s gdae, fsss Pm Ran .5 S
Cash and October 7@l0 points up; others dull,
barely steady; Western steam s6 S7R6 90; sales:
October. S6 81: November. S6 55@6 so, closing
at Sc IS; December, S6 SO: January, So 81: Feb
ruary, Sc 42; March s6 46; refined city, s6 7O0
Z l5 Butter quiet and weak: Elgin, 2415@25c;
western dairy, 99l5ci do creamery: l2@24c; do
held. l29lsc; do factory, 7H@l3c. Cheese
quieta and steady; Western, 71z@lOc.
PHILADELPHIA-Flour quiet but steady.
Wheat shade firmer and speculation very
tame; high grades scarce and firm;
track, sc; No 2 red, October, s6lSGsic; No
rv, SSGsS1Sc. CornNoptions firm But quiet:
car lots quiet; No. mixed, on track, zl5[c:
fancy No. yellow in grain depot at 4215c; No.
mixed October, S913040c; November 3915@4Oc;
December, 3S14639c; January, 3S639c. Oats
Car lots quiet but steady; No. white, 271Sc;
No. 2 white, 29c; futures quiet but steady:
No. white, October. 2SG2S13c; November, 2S@
2S1Sc; December, 2S1z@2Sszc; January, 2S1S@
2S3zc. Eggs-Fresh stock scarce and firm:
Pennsylvania drsts, &C.
ST. LoUIs-Flour-Nothing doing and
market quiet and easy. Wheat opened lower
but active buying caused a reaction; later the
market again gave way and the close was &c
below yesterday; No 2 red cash. &c asked; De-
cember, 771z@7S13c, closed at 77ssc; May, SEA
SS1sc. closed at S21sc bid. Corn dull; No. 2
mixed cash, 2SS@2ss1lc: October, 2Sc closed,
275kc asked; December 275Sc closed 271I6
asked; May, 2s5sc closed, 2s5sc asked. OaIs
better: No. 2 cash, l7ssc asked 17c bid; May,
2l%c bid; October, 17c bid; November I71<c
bid January, Isl4c bid. RyemNo. 2, Ss@ss1lc.
changed at 81 25 Provisions firm, but prices
unchanged.
MILwAUKEE - Flour dull. Wheat easy;
cash, 7l1zc; December, 725zc No. Northern,
sO16c. Corn quiet: No. 8, Bic Oats steady;
No. white, 2l@2l1Sc. Rye easy; No /,
4215c. Barley easy: No. q October 5l3zc.
Provisions firm. Cheese steady: cheddars.
99%c.
ToLEDo-Cloverseed firm and higher; cash.
october and November, So 70; December, sS rs;
January, IS S.