Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-03
MARKETS BY WIRE.
Good Harvest Weather Knocks the Props
From Under the Wheat Ph-A Drop
All Along the Line - Pork
huf Ia

| and prices began to settle from the very open
ing, which was trife under yesterdays clos
ings for the leading futures For nearly two
hours December see-sawed between 7Ss4Q7S1sc,
| occasionally touching 79c. A prominent local
| operator was persistent seller at the latter
| figure, and shortly after IL o'clock the market
took on a general bearish symptom of pro-
nounced type, which carried December down
to 7S14Q7S3sc.
Brilliant and settled weather everywhere,
combined with the Unexpectedly large receipts
of wheat. present and prospective, was the
chief cause of the giving way of props, though
the weakness was intensified by the general
apathy and lack of support from any quarter
The taking of IA boat loads here for export
steadied the market a little temporarily, but
closing prices were within small fraction OF
bottom for all futures, and &c below those of
yesterday. A good many prominent operators
are preparing to take their vacations Tor the
summer. and the outlook is for a narrow mar
ket for some time to come.
Far business was reported in corn, the pit
being active at times, ruling firm early and
easier as the session advanced. Trading was
quite general to-day and not confined to room
operators, there being considerable quantities
sold for country account. The weaker feeling
in wheat and oats had also a tendency to In
crease offerings. The market opened at about
time, but soon sold off nc, became more quiet,
and closed 1z@5sc lower, than yesterday
In oats trading was active and more general
than for any day for q long time. The weak
ness and decline in wheat had a weakening
effect and prices declined 3s@1zc and the mar
ket closed tame at inside figures.
Quite a good business was done in pork.
Offerings were liberal, while the demand was
fair and chiefly from the short interest. Prices
were somewhat irregular. At the opening
sales were made at 211c advance, but a
Nvoa alyarf faa linz lad md nm
of l21Gl5c was submitted to-. Fluctuations
within range of 715Ql0c prevailed during the
latter part of the session. and the market closed
quiet at about inside figures.
The lard market showed considerable
strength early In the day, but trading was only
moderate. An advance of 21zQ5c was gained
and prices ruled irregular within the range.
Toward the close the feeling was easy and the
market closed at inside figures.
Quite an active business was transacted in
short ribs and the market was somewhat un-
settled. Prices ruled somewhat irregular, the
market finally weakening and prices declined
l213Ql5c. Toward the close the feeling was
steadier and prices rallied slightly, closing
rather quiet
The leading futures ranged as follows:
WHEAT-No. 2 September, 77l@77A@765s
@776s; 9see%Ssa 7s9sS7sS7saSc; year.
CoRNeNo 2 September, Ssk@S61S@36@
S6c; October, October, 063s@S65s9S61s@S61sc; Decem-
OATs-No. 2, September, 2lsS@2l5592lL@
2lAe; october, 2l3l@2lssc; May, 251sG23s@
Mess Pork. per bbl-septenber $40 S216@
S5S S. ss year 5Sss SsSs s 5oes sIO g %
LARD, per 100 Ds.-September So 25@6 2215;
octOber, Sc 9O@6 SO@6 22}5Q6 2216; year, SO OF
@6 021I@5 95@5 95.
SHORT RIBS. per 100 bs.-september. IS 5715
January, 81 9594 9594 9211G44 9211S.
Cash quotations were as follows: Flour
quiet and unchanged. No. spring wheat
n w n rod
1910. No. 2 oats, 2lssc. No. rye. 4Sc. No.
barley nominal No. faxseed 81 49, Mess
pork, per barrel. 80 65@lO 20. Lard. per 100
tboxedj. IS OO@5 l21k. Short clear sides (boxed),
So 75G5 S219. Sugars unchanged
On the Produce Exchange to-day the butter
market was fair. Eggs quiet at lie.
NEW YoRK-Flour heavy and dull Wheat
Spot weaker and moderately active; chiefly
export; options moderately active, 1z@5sc
lower and steady. Rye steady. Barley malt
less active 1s@tkc lower and weak Oats-spot
less active and weaker; options lower. Hay
firm and in good demand. Hops quiet and
easy. Coffee-Options opened steady at l0@25
points up; closed firm at 10@20 points up;
firmer fair business; sales, Y, 900 bags including
September. 1505@l5.25c: October. l4956l5. 10;
November. 4s5@I5;55e: December, 149O@l5,O ,O5e;
March, I4S5@l5.05c: April. l5.0Oc; May, ,I49O@
l5O5c; spot Rio active and stronger; fair
cargoes, l71zc. Sugar-Raw dull and weak,
dull; New Orleans quiet. Rice steady and
quiet: domestic, 4@6c; Japan, 4L@5Lsc Cot
tonseed oil irregular and quiet. Tallow quiet.
and in fair demand. Eggs-Choice in de-
mand and firm; western best, l46ll5c: receipts
!llO PACKAGES. Pork steady; mess. inspected,
ira prime, Sll 90. Cut meats steady; picked
bellies, 1850; picked hams, Il1S@ll3lc;
picked shoulders, DC; middes easy; short
clear, s6 25 Lard opened higher, but closed
western steam f0r
So $500 s. closing at s6 so bid: October. s6 IS
Closing at s a asked: January ~ asSs 20 20 20
closing at Sc So; February, s6 AZ, Butter dun.
fancy steady and others weak; western dairy
l0@l219c; do creamery, n@l7c; do factory, s.
Sa7cs. Ss57cs'' 'Hes'e H'snef anu Ae'i'e' western
PHILADELPHIA-Flour dull. Wheat weak
and lower; red in grain depot Soc; steamer No.
Ere red III in export z elevator s25Se; No red in do,
8ST@S41Sc; October, S414@S4s4c. Corn ruled
firm, with a tair inquiry for local consumption
and export; nothing doing in futures; sales of
do, on track. at Acc: No. mixed,
August egasa 4aS4iSs; September, q ostO
CARROTS steady with a fair demand; sales of No.
white, SSc; No. 2 white, in Twentieth street
Csc; futures quiet but steady; No. white, Au-
gust, 3l5s@32l1sc; September 30k63lLSc; Octo-
Der, 3l1s@3lSsc; November, 3lZ@32c. Butter
dull ard irregular; Pennsylvania creamery ex-
ira, 171zGlSc. Eggs-Choice stock firm and
scarce; Pennsylvania firsts l4166I5c. Cheese
steady; part skins, 54611c.
ST. LoUIs-Flour steady and quiet. Wheat
The market was dull and unsettled early in
the day, larger receipts than expected being
offset by postIngs, $4,000 bushels shipped,
which checked selling. Later, with all other
markets lower and depressed, there was freer
selling and prices gradually gave way finally
closing &c below yesterday: No. red, cash,
73l4@74c; August, 7s5sQ751zc, closing at 7S11c
bid; September. 741z@75c. closing at 741zc bid
December, 7714G7Sc, closing at 73ssc bid. Corn
quiet, with August firm, wanted, and few Sell
lers. SO that the price improved slightly; Sep
tember sold steadily; October declined &c; No.
2mixed, cash. 3315@335sc: August, 331z@335Sc,
closing at S8119S3skc; September 3SJkc, closing
at 3336@331zc asked; October, 3l1<c, closing at
3313c. Oats lower; No. 2 cash, 2l5Sc hid;
August. 20llc bid: September, 20sS@205Sc, clos
ing at2015c asked; May, 2414@245sc bid. Rye
No. 2 S9@40c. Flaxseed lower; spot, 81 %;
August, 81 q bid.
CINCINNATI-Flour dull Wheat easier:
No. 2 red. T@7Sc; receipts 10000 bushels: ship
ments, 1000 bushels. Corn firm at 3S63S%c
Oats in fair demand; No. mixed, 26626ISc.
Rye dull; No. 2 acc. Pork quiet at Sll 371%.
Lard dull at SIS 95. BuIkmeats and bacon
Ml.~A- c.