Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-21
MARKETS BY WIRE.
Indications of an Early Up.Turn In 1.-THE
Wheat Pit Succeeded by a Slight
Brenk-Russia Said TO prom
ise an Average Crop.

| on ocean passage was another strengthening
| factor Before the session was half over the
early indications of on upturn In the market
| gave way to the bearish influences which there
after and until the close, dominated the Dit
A dispatch from New York that Russia would
certainly have average crop (authorlty not
given) was the first bit of gossip calculated TO
weaken values. What was of far greater i'm
portance was the known fact that cash wheat
in nearly all domestic markets was lower TO-
day-the effect of increasing receipts Oh tne
new crop. present and prospective. Mlnneap-
oils has declined Sc on No. hard wheat since
last Saturday. The cash trade here was slug
glish.
In the Northwest heavy rains were reported
with prospects of lower temperature. FROM
7S16c at the start December rose to 7S1zgTS9sc,
and then gradually weakened to 7Ss4c. At this
price a prominent room trader appeared as a
good buyer and the market quickly reacted TO
7Sc. A few minutes before the close there was
another spell of weakness. but taking the ses-
sion through it was steady market; Decem-
Der finally closed at 7154c or &c unuer yester-
days closing bids.
Corn ruled quiet the greater part OF the
session. Trading limited to room operators
| and fluctuations confined within 1sQAc range.
The market opened a shade better than the
| closing prices of yesterday. was firm for time,
| but the demand was soon satisfied ana the
| market closed about the same as yesterday.
In oats there was fair business, but the feel
| ing was quiet and prices steady.
A moderate trade was reported in mess pork.
ioal21%c higher, later recedlng I21iGl5c. Near
the close prices rallied 7110loc and closed
quiet.
Rather light business was done in the lard
market. No change.
Trading was moderately active in the market
for ribs and the feeling somewhat unsettled.
Early prices declined 71z9l2c. Later prices
rallied 21595c and closed rather quiet
The leading futures ranged as follows:
@76s3c: December; 1sG7s4@7734@77s4c; year
GoRNgSo. z September. s514@s514S851s@
S515c; October. S51S@354@ 4@351sQ351sc; Decem-
Der. S45S@841sQaasS9a4a4c;, a,<
2sTsss 5s;ssss sssisassE Bsss$ Bss
Der. 207S@20I I620I@205Sc.
Mess Pork, per bbl.-Septerber. So 50Q
8 50: January, % So 5Sas sos i5Ss So
LARD, per 100 bs.-Seprember. s6 1906 Is
@6 I2l996 Is; October. So O0@6 O5; January.
SHORT RIBS. per 100 ns-september. IS 90
as U21l@4 1904 IS; October, IS 6l]f@6 05@4 IS
"a s715: January, 81 7714@4 771z@4 1894 ~.
Cash quotauons were as follows: Flour
SnfnsngsS sP4ne wheat No. ePe P.nES Eo red T No.
rye. 48c No. g barley. 6aa65c, No. ! fa1-
sfss poIE 81 & peri p5ps 0sy ss per-
100 pounds. IS 1906 Is. Short RIB sides
goOse(; $5OSS5 o. Dry salted shoulders IGsas
SSOxsS SO1sS s s sass9scas snS1 SsaT Toaf siass s
9Ac; granulated, SIC: standard A, SIC.
Receipts Flour. 1900 barrels; wheat
$1,000 bushels; corn. $4,000 bushels: oats,
1000 bushels. shipments-Flour, 5000 bar
rels; wheat lS4.00O bushels; corn. u.s. ,OO0 bush
els; oats. lS9, 900 bushels; rye. 5000 bushels;
On the Produce Exchange to-day the butter
market was unchanged. Eggs in good de-
mand at 1870 l5c.
NEW YoRK-Flour quiet and weak. Wheat
GSpo, dull weak and 1@ic lower; % ptiOI options
firm at 5l54@521zc. Barley malt quiet; Corn
Spot quiet and steady; options dull and
steady. Oats-spot less active and steady;
options steady and quiet. Hay active and
firm. Hops easy and quiet Cofee-Options
opened barely steady at 2o@25 points down,
and closed 3O945 points down; sales. a $50 bags,
l49O@I50Oc: October l5OD@l3O5c: November,
49oGl505c; December, l4s5@I5 lOc; January,
l4SalE lOc: February. l50O@lalO; March.
spot Rio easier; fair cargoes, lsNc. Sugar
Raw active at nc decline: fair refining,
SSua SG so tsf
for so test &c for $50 test; refined fairly active
and firm. Molasses-Forelgn nominal; New
Orleans quiet Rice steady and in fair de-
city (S2 for packages), 47-l6c Rosin easy and
quiet; Turpentine higher and quiet at $40
44c: Eggs 1zIs, in moderate Se%and and firm:
lower; mess, inspected, sll 2561l IS; mess, un-
inspected, sll; extra prime. $40 25@l0 75
Cutmeats steady; sales picked bellies, IL
0l2c; picked shoulders. 55c; middles steadier:
short clear, s6 Is. Lard firmer and quiet; sales
western steam. So 5213@6 80. closing at s6 IS;
Sc 1906 A. closing at S6 As; November, So 26;
December. S6 25; January. s6 2596 "a, closing
at s6 q Butter easy for all but fancy; western
6Qf frNv l/N. 10. 4
tory, l0@l4c. Cheese stronger and moderately
active; western. 6@7c.
ST. LoUIs-Flour firm, but auiet and un-
changed. Wheaton, bad weather abroad, a
decrease of $50 coo bushels in the amount on
ocean passage, and stronger markets at other
points, there was sharp enough demand to
advance prices 3sQ11c after the opening, but
the market soon began to weaken of, later
turning up, and subsequently the feeling was
unsettled. Later, however, it turned weak
again, and the close was about l,l6c below yes.
@75c. closed at 74sssQ74s4c asked; September,
7416q75c, closed at 741574ssc bid; De-
cember. 7e1@79sc; closed At 7e4@7eNc
SlxQslssc, closing at sl99Sc bid. Corn stronger
early in the session, but Influenced by wheat
sased ca OF; No. mixed; cash; S274c; September,
S2ss@S215c. closing at S2s6c; December, Slsk@ |
at 5I9Sc; May, ss5sGs$z4c, closing az 3aSsSssslc
SL,
lSc bid; September, 1870 bid; October 19IIc
bid: May, 237s92S12c, closing at 23sSc bid Rye |
higher and in demand; No. g 3S%139c Flax
seed unchanged, l0c. Provisions lower and |
dull. |
PHILADELPHIA - Flour quiet and weak. |
Wheat demand light and market weak, closing |
z@11c lower; steamer no. 2 red. in elevator. |
SlgSi14c; No. red, August, 8234GS3c; Septem- |
Der. S254@8Sc; October. S31z@S4c: November, |
S4@S416c. Corn-Carlots unsettled and lower:
options wholly nominal; No. high mixed, in
grain depot. 45c; No. high mixed and yellow |
in Twentieth street elevator, 44c; No. mixed, |
in grain depot, 431zc; No. mixed, August 42X |
@43c; September 42A@43c; October, 431S044c;
November, 4334@4414c. Oats-Carlots unset
tied and 159lc lower; old No. 2mixed, &c; new
do, z6@2613c; old No. 8 white 2S1zc; new do,
old No. 2 white, 81: new do, 3Oc; fu-
lures dun and weak; No. white, August, 30@ |
3Q4c; September. D1S@30c: October, 30@3O1<c; |
November, 301z@31c. Eggs scarce and firm;
Pennsylvania irsts, lS@l9c.
CINCINNATI-Flour easy. Wheat dull and
lower; No 2 red, 741Sc; receipts. 10000 bushels:
shipments, 1900 bushels. Corn irregular and
lower; No. mixed, 37G3Sc. Oats : No.
mixed, 20Q2lc. Rye dull: No. 2 4l@411<c Pork /
steady at $40 6214. Lard quiet at IS 9711. Bulk
meats quiet and unchanged. Butter steady.
Sugar strong. Eggs firm at AGl6c. Cheese
firm.
MILwAUKEE-Flour unchanged. Wheat