Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-01-19
MARKETS BY WIRE.
Wheat Unsettled by Heavy Dealings, but
Closes Firm and Higher-Corn and
Oats Stronger-Pork and Lard
Irregular, With Many

Irregular, With Many
Fluctuations.
CHIcAGo-Things appeared to be consider
ably mixed in wheat in this market to-day.
Trading was heavy and largely local, and cred
tied mostly to the large flour traders. Some
parties who were credited with having bought
very freely few days ago sold heavily, one
| dealer being credited with selling 1000, 900
| bushels or more while others were buying, one
operator being reported as taking 500,O00 to
lOCN 900 bushels for covering of shorts, and an
other with buying 100000 bushels on long ac
| count The impression prevailed that G. good
| deal of long wheat had been sold and short
lines covered. Fluctuations of price were con-
| fined within moderate range, considering the
active trading. and the feeling was strong most
of the session. The opening was about the
same as the closing yesterday, eased off &c and
after that rallied with several slight huctua-
tions to nc, eased off &c and closed &c higher
than Yesterday. A sale of 10000 bushels of old
No. spring was made here to-day to local
miller at 81 10. or lc under the May prices,
showing that choice milling wheat is not
plenty, and that to obtain desirable lots some
premium must be paid above regular lots.
A very fair trade was witnessed in corn early
and the feeling developed was quite strong.
after which prices recedcd and the market was
less active. The market opened at about yes
terday,s closing prices, was unsettled for
time, then advanced 15c. reacted 1z@3Sc. be-
came steady, and closed HGI4c higher than
yesterday.
Oats were stronger, and the principal futures
traded in advanced 1sGLc. The near deliveries
remained duh, and although at one time
higher prices were bid, they failed to bring out
sellers, and not sufficient trading occurred to
establish prices.
Quite an active speculative business was re-
ported in mess pork, but prices ruled irregular.
Early sales were made at about yesterdays
closing figures, but the market soon weakened
and prices gradually declined 3563115c. Later
the market ruled SteadieT, and prices rallied
l2z2Gl5c, but declined again and closed easy.
Trading was quite active in lard and prices
ruled irregular. Early sales were made at yes
teTdays closing figures, but the pressure to sell
exceeded the demand, and a reduction of l50
l71ac was submitted to. Later the market
steadier and prices rallied and closed quiet
There was good trading in short ribs, and the
market was weak during the greater portion of
the day. Prices declined l5Gl71zc, but rallied
219G5c and closed steady.
The leading futures ranged as follows:
WHEAT-No. 2 January. 9714c; February 81
@9S@91G975zc; May, 81 01@l 0l5s@l O05s@l 0l5s;
July, 92l4@9Sl4 @9214 4@925sc.
SoRN@No 0RSo-i January. S43sc; March. S5149S53s
Q9514 4@3515c; May, 367s@373s 1885, @37c.
OATs-No. January, 2i5sc: May, 275S627H
March, sl2 S5IS6l8 oo@l2 65Qi2 65; May, SIS e
LARD per iG0 bs-January, s. O715@7 O715@
S7]a@6 S11a: March, 81 1907 1906 9215@6 9211aa;
May, 81 2219@7 2213G7 O5@7 70.
75S6 5oaS % So: nj March, SR s. S5S 45s sS 57S Ia
5712; May. IS S5G6 S5d6 706l6 20.
Cash quouauons were as Follows: Flour,
steady and unchanged. No. spring wheat
96s4 4@9Ll4c; No. 3spring wheat tS5@96c; No. 2red,
9654 4@giL &C. No. corn. 34l4 4@343sc No. rye,
2418c. No. barley. nominal. No. tiaxseed,
rel, Sl2 55@l2 CO. Lard. per 100 lbs. Sc CO. Short
ribs sides Qoose), S. 5215 Dry salted shoul-
ders (boxed). IS 25@6 371I. Short clear sides
(boxedl, s. 0O@7 l2712. Receipts-Flour, 10000
barrels wheat 1900 bushels: corn, l07, 900 BUSH
els oats. l02 coo bushels; rye 5000 bushels: bar
ley, 81 900 bushels. Shipments-Flour, IL 900 bar
rels; wheat, i. 600 bushels; corn o. 600 bushels:
pats, 5000 bushels; rye, none; barley, $4,000
bushels.
On the Produce Exchange to-day the butter
market was dull and weak; fancy creamery,
24G25c; choice to fine, 1SGl20c; fine dairies l66
lSc; good to choice, ll9l2c. Eggs steady at
l5c.
NEW YoRK-Flour steady and moderately
active. Wheat-Spot firm and 15(llc higher;
options active and firm, and ssG$sc higher,
Rye heavy and quiet. Barley quiet. Corn ir-
regular, closing weaker and fairly active; op-
tions active and 1s@Ac higher. Oats-Lower
on white: unchanged on mixed. Hay firm.
REGULAR; closed steady at $500 points up: sales,
Al, 80 bags, including 1555@275c; February,
l5.6Oc; March, l5.4O6l5.50c: MAY. l5.356l5. SOC:
June. l5456l5.5Oc; July, I245@l5.55c: August.
DOC; November l5.7Oc: December, l56O0
Bloc; spot Rio strong: fair cargoes,
Use. Sugar-Raw dull refined dull.
Molasses-Sales, 6 cargoes new crop Cuba, Feb
Tuary and March deliveries, 2O16c for so test;
New Orleans delivery moderately active and
firm. Cot;onseed oil dull; crude, 46c: yellow
5lG52c. Tallow nominal. Eggs steady at the
decline; western, 1910. Pork quiet. Cutmeats
strong; picked bellies, II pounds, 71Ic; 10
hams, lGal0lc. Middles dull; short clear,
81 31%. Lard opened firm and closed weak at
at l20lS points decline; sales western steam,
s 90 closing At 81 40; city, s6 90: January. 81 36
February, s. 80 asked; March. 81 35G7 10. clos,
ing at s. 80 asked; April. 81 S5 asked: Nav,
81 S7@7 81 closing at s. 81; June, 81 3367 so
closing at 81 IS; July, s. IL asked August 81 43
asked. Butter weak except for fine: western
DAIRY, lS@l9c; creamery, l6GQ25c: Elgins, &c. |
Cheese strong and wanted; western, ll@llHc. |
ST. LoU1s-flour nominally unchanged.
Wheat had more strength and steadiness to- !
day and closed &c above yesterday; No red,
cash and January, 94c; May, 971lG9Sc, closing |
at 971sc; July, S51s@S61sc, closing at S6c. Corn
higher and firm; No Mixed cash, 295s63oc: |
March, 3l@3l14c, closing at 3l33sc bid; May. 327
@S31sc, closing at 1896. Oats higher; No. 8 !
cash. 24s4c; May, 2Sa2S15c, closing at 2Sc. Rve |
firm at 4S15c; but there is no demand Barley
verv dull: one car Iowa sold at 45c. Bagging
easy, at 7s4@lOc, according to weight Iron
ties lower at 81 10. Provisions dull and only
Sc Is. YIN '-' w. H"fo'
CINcINNATI-Flour dull. Wheat quiet; No. |
2 red, 81 OIL. Receipts, 800 bushels; shipments.
900 bushels. Corn in good demand, steady; |
No. mixed, 3519c. Oats steady; No. 2 mixed, /
2Sa2S1Ic. Rye quiet; No. 2, 81 IS. Pork nom, |
inal at Sl3 %. Lard quiet at S. 80 Bulkmeats |
and bacon barely steady. Butter weak lower; |
fancy northwestern creamery, 27@2Sc; prime |
dairy roll, l2ql3c Sugar quiet. Cheese firm
PHILADELPHIA-Flour dull and weak. |
Wheat dull, but with stronger reports from the |
West prices advanced 15Glc and closed firm. |
Corn firm and demand moderate; nothing DOING |
on speculative account. Olts-Carlots dull and |
barely steady: No. 3 white, BIC; No white. 34c; |
do choice, 3411ac; futures quiet but steady. But
ter dull and weak: PENNSYLVANIA creamery
extra, 25c; do prints, extra, 2Sc.