Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-04-13
MARKETS BY WIRE.

Wheat Active and Unsettled. with Slight
Changes in Prices : The May Future
Manipulated = Hog Products
HING Around Old Figures.
CHIoA6o-There was good trading in wheat
during most of the session to-day, principally
for July delivery. The feeling was somewhat
unsettled, and the course of the various fut-
ures was somewhat irregular. May, for in
stance, advanced SIC, broke of Sc and closed
l5sc higher than yesterday Not much interest
was manifest in May and little attention given
that month, consequently trading was light
Either buying or selling caused wide huctua-
tions. For June prices advanced SIC, declined
2S<c and closed about 1sc higher than yesterday.
July opened N@3Sc lower, advanced &c ana
then for while huctuated with moderate
range until after IL o'clock, when the Market
broke off about 21Sc, reacted some and closed
Lc lower than yesterday.
1t was the opinion of traders that the May
future was bid up to affect the deferred
futures, and give operators better opportunity
to sell. The shorts covered freely, and opera
tors too got loaded with long wheat. which
came out again on the break and helped to in
crease the weakness. 1t was rumored also tnat
the wheat brought here yesterday for shipment
had been sold out again for May oeHveTy.
Whether this is SO or not, the rumor had its In.
fuence on the market. Rains were reported
throughout the Northwest, and this has made
sellers more confident.
A fair business was transacted in corn early
in the session, after which the market became
quiet and inactive. The feeling developed was
steady, opening sales being at yesterdays CLOS
ing prices, and under fair local demand the
market advanced sc The demand was soon
satisfied, however. and the market reacted 70
inside figures, and corn quotations were about
the same as yesterday.
at yesterdays close to nc lower, with down
ward tendency. Prices for May declined l1Sc,
rallied slightly, but closed steady at nearly in
side figures. Fluctuations IN June and July
were small and the feeling rather steady.
An unsettled feeling prevailed in hog pro-
ducts and prices huctuated frequentlyswithin a
small range. At the opening the market was
stronger, owing to the steady hog market and
increased orders to purchase on behalf Of out
side parties. Prices were slightly advanced on
the leading articles. Rather free offerings,
declined again, but soon rallied with fair buy
ing by local shorts. The upward tendency was
checked again, and prices receded, but toward
the close the feeling was steadier and prices
improved again slightly, the market closing at
about medium figures
The leading ruIures ranged as follows
WHEkTzSSS II oSy, Nay, s6|GSsH9ssA AS9ssse; AtSs9s
GoENNNe: 2May; Szs66 66gS1sGc; June, s59S5Hci
oIEsNSS; NAY, 5S5S 81 SS25s s@24s6c; June,
oil 4O@ll so; June, sII 5756@ii 6O@l1 5O@ll so;
July, oil 7215@ll 75@11 60Gn 20.
Sc s239@s s751@6 S21S@6 IS; July, s6s3154@6 s214@
SHORT RIBS, per 100 Bs-May, IS s21S;
June. IS 9714@6 0O@5 9711@6 90; July, S6 071S@
Cash QuoIauons were as Follows: Flour dull
but steady and unchanged. No. spring wheat,
S654@Sc; No. spring wheat, 75G7Sc; No. red,
S69z9S7e, No; corn, S41sc NO. oats. 24c No.
2 rye. 43c. No. barley, nominal. No. fax
seed. 81 81 Prime timothy seed. 81 3O@l S5.
per 100 lbs s6 Se@e s21S Short ribs sides COOsel,
IS 90@6 90. Dry salted shoulders (boxedl,
IS 371Q55O. Short clear sides (boxed), S. S7166
6 so. Sugar-Unchanged. Receipts-Flour,
5000 barrels; wheat q 900 bushels: corn. l53 00C
bushels; oars. lis, ,0O0 bushels; rye, 1000 bush
els; barley, Il, 600 bushels Shipments-Flour,
1900 barrels: wheat, 10. 600 bushels; corn. 66.
600 bushels: oats 224 600 bushels; rye, 5000 bush
els; barley. q, 600 bushels.
On the Produce Exchange to-day the butter
market was active; fancy creamery, A@25c;
choice to fine. 2l@2Sc; fine dairy, l@23c; good
to choice, l5@lScc. Eggs weak at 9159l0c.
NEW YoRK-Flour dull, heavy and unsettled.
Wheat-Spbt &c lower and weak; options ga
&c lower, dull and weak. Barley quiet. Bar
ley malt dull. Corn-Spot quiet and stronger;
options H@14c lower, active and steady. Oats
Spot steady and quiet; options 1850 lower
and weak. Hay quiet and steady. Coffee
Options steady; sales. 24.25o bags. including
l70Oc: August Il. l5c; September. Iz.25@l7. .3Oc
October 17.S5c; December I7.S5@I7.40c; Jan.
uary, H.4Oc; February, F.45c; spot
Rio steady; fair cargoes at 1915
gals, $50 test, 65sG7c; sales 1000 tons beet,
l9s Cd, c. i. f.; refined active, &c higher and
firm; G. SIC; extra c, 7zz@7SSc; white, extra G,
77-l6@7 9-l6c; yellow, 6sz@676c;- off A. 9-l6@
TONERS A, Sc; cutloaf 91zc; crushed, &c; pow
dered, SIC; granulated, SIC; cubes, SIC.
Orleans dull; open Kettle, good to fancy, 28G
42c. Rice steady and quiet Cottonseed oil
good to choice, 4s5s@5c. Rosin quiet and steady.
Turpentine steady and quiet at 49650c. Eggs
quiet and steady; western, l0@ll5zc. Pork
| quiet. Cut meats quiet: picked bellies, Il
pounds average, 694e; picked hams. lo@l0Ac
western steam, 81 l711; city, S. 20; April. 81 Is
May, 81 l5@7 16. closing 81 Is; June, 81 1907 20
closing 81 Is: July, 81 20; August 81 2467 Is
closing s. "a; September, 81 2597 26, CLOSING
81 25 Butter-Fresh firm and in good demand
western dairy, l2G20c; do creamery, 1S@26c
Elgins, 27@2Sc. Cheese quiet and steady
western, S17@1076c.
ST. LoUIs-Flour dull and weak; ouotably
unchanged. Wheat-Cash, about lifeless; thu
break at Chicago caused the local market &C
the close; No. red, cash. S5@S6c bid; June
S3M@S436c. closed at SS5kc bid; July, 7676@7s1Sc
closed at TIC: August, 765S@7Tssc, closed a
T6s<c bid; year, 76sz677c, closed at 763lc. Corr
303s@3012c; June, Bic, closed at Bic bid; July s.
@32S@S21lc, closed at 321sc; August, 39c
closed at S3c bid; September, 34c closed at 84t
bid. Oats lower: No. 2, cash, 25sssc asked, 24t
| Rye, No. 2 42c bid Barley slow; Iowa. SOC
Fiaxsecd, 81 As. Provisions dull.
CINCINNATI-Flour heavy Wheat neglect
ed: No. red, S5GS7c; receipts, 1000 bushels