Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-19
MARKETS BY WIRE.

MARKETS BY WIRE.
The Wheat Pit Asitated by Conflicting Adj
vices-Prices Weaken on Reports of
Fine Weather and Brace Up
Under tho Influence of
Heavy Exports.
CHIcAeo-The continued fine weather
throughout the West, easy early cables, and a
fair prospect of increased receipts caused 1sc
lower opening for wheat futures this morning.
Following the temporary early depression
there was period of strength. growing out of
the large export clearances reported New
Orleans cleared 26O000 bushels, which, added
to the shipments from Eastern ports, made a
total of $40 600 bushels of wheat besides the "a
$40 packages of -four posted. The market
frmed up to 1890 for December on this news,
while September rallied to 7716c. But the i'm
provement did not hold.
Bearish advices from the Northwest and tree
selling orders from Minneapolis broke the mar
ket in a very short time X@ssc September 60
ing to TIC and December to 78c. 1t was claimed
that Minneapolis had 20 cars Of new wheat to-
day. with about 200 cars estimated for Monday,
and the cash market for Mol hard wheat there
was l@2c lower. At II principal points re-
ceipts footed up $50 800 bushels and the ship
ments 703 600 bushels. Private cables were
generally encouraging to holders, though the
late public ones were weaker. During the last
hour OF the session the market was easy and
further slight shrinkage in speculative values
took place, many of the smaller class of longs
unloading rather than leave their trades open
over Sunday.
Corn ruled quiet with occasional periods of
temporary activity. The feeling was easier
weaker tone was due to the fine weather and
larger receipts. Demand was rather light and Of
ferings larger. A prominent local operator who
has purchased literally of late wasn't buying
in consequence. Cables were firm but domestic
markets averaged Nc lower. The market
opened at yesterdays closing prices, was easy
and declined Nc, became quiet, changing but
little and closed h@Lc lower than yesterday.
Oats were traded in to a moderate extent,
most Of the interest centering in September
and May, especially in the last named month.
The feeling was easy and prices declined
slightly.
Quite a good business was transacted in the
market for mess pork and the feeling was
unsettled and prices irregular. Early sales
were made at sc advance, but the pressure to
sell weakened the market and prices declined
airy. During the latter part of the session the
market was steadier and prices rallied 71<@1Oc,
closed steady.
the opening few sales were made to shorts at
slightly advanced figures Later, however. the
market weakened and prices receded 6GlOc
and closed quiet
A good speculative business was transacted
in short rib sides. The market opened trife
stronger and sales were made at 219c advance.
Free offerings. however, weakened the market
and gT,ess declined on near deliveries sss
ing was steadier and prices advanced 5@71xc.
The leading futures ranged as follows:
WHEAI-No. 2 September: T14QTx@16N
SoRN1No. September, s57S@s5x@a5l@
go. s.ssIs;,a ossesss, assRas9SsSsea4SSAc; as9 Decem-
oATsNSo. 4 segssnbss; 9OsseO,s@ s@2C1l@
2oc; 2ssSSsF ss so,2s ,22ess@@Ssa2oh@2Oc; Decem-
sSas 42slSs SEX: October g i25ses SO $
LAID, per 100 ns.-september, se 25@s 25@
aS San1sry, 3 oss1ss5 6 sS@5 sos S sgS S0 Jog
as a@5 oa51@5 10; October, S. 22%@5 85l@
eS sS S 81 asss 500 s St 0nr So
7f5c; No. spring wheat, nS7ac: No.
red red 777ss. No; 2:coTn, s5s{s No oats. 2oAS
IS. M ha1seed, ii 2i; prime timothy SEED, 81 %
81 A. Mess pork, per barrel, 20 5o@9 So.
Lar Lard. Per ioo pounds @ % 1S9o 70 Short RIB
(boxed), easier. Short clear sides (boxed),
easier. Sugars unchanged dtReceipts-Flour, H.
900 barrels; wheat, $4,000 bushels; corn. 800
bushels; barley 1900 bushels. Shipments
Flour, 1900 barrels: wheat $4,000 bushels:
corn. z13, ,O06 bushels oats $4,000 bushels; rye,
tSs Dasls taSsv the but,s
market was active and unchanged. Eggs
active at 1870 15c.
NEW YoRK-Flour dull and weak. Wheat
Spot weaker and quiet; options dull and
malt quiet. Corn-Spot steady and mod
erately active; options dull and steady.
oats.-spot dull and unchanged; options dull
and lower. Hay firm; good demand. Coffee
Options opened barely steady at 6Ql0 points
including September. 1926; Novem-
iSs5c; Nav, iSs5Si5 4oc. Spot % Rio
barely steady and quiet; fair cargoes, 1SH.
Sugar-Raw steady and quiet; refined in good
New Orleans steady; open kettle, good to fancy,
2S@46c. Rice steady and in fair demand; do
mestlc, 40614c; Japan, 4s@51sc. Cottonseed
Tallow steady. Turpentine duh at 4S@4sIc.
Eggs firm and in good demand; Western. l64@
17c; receipts. 290S packages. Pork steady;
slI I's SS eItra BRINE. So 56ii cutmsass Sn
and unchanged. Lard-Options dull and about
firm; sales, October, s6 81: September closed at
s6 IS; November. s6 30; December. So "a; Janu-
easy; western dairy, 9@i21fc; do creamery,
ll9l73zc; do factory, 8@l2xc. Cheese firm and
in fair demand; western. 6@7c.
ST. LOU1S-fl0ur nrm and unchanged.
Wheat lower; the opening was at N@16c de-
cline on dull cables, favorable weather and
increased receipts; after considerable fuctua-
tions the market closed firm at Nc decline
from yesterday; No. 2 red. cash, 743S@74szc;
August, 7412075c. closed at 7431c: September
74s6@7416075c, closed at 7415c bid; December,
T11@7Xc, closed at TIC bid; May, Sl9s@Sl1Sc,
closed at 8l5Sc bid. Corn lower; No. 2 mixed.
cash. 32s4@32Kc; September, 32sS@3234c, closed
at 32skG34c; May. 3554c, closed at $3.50 bid.
Oats lower; No. cash, 1S1Sc; May, 231zc;
August, 1870 asked: September. l9c bid. Rye
nominally at 2Sx@39c. Flaxseed, 81 20@1 20S
for cash aud 81 10 bid for September.
PHILADELPHIA-Flour in light demand and
the general market iweal. Wheat-Options
shade frmer but quiet. CARROTS generally
quiet but demand light; No. 2 red, in export
elevator, Sl@821zc; No. red. In do, S315c: No. 2
red, August, SS5s@S35sc; September. S35s@S35sc;
October, S4@S4l4c; November, S4110S5c. Corn
dull; No. high mixed, in grain depot, 45c;
No. mixed, August, 44@441%c; September. 4S
Oats-Carlots lower; new No. white. &c; new
No. white. 3l@3l16c; old do, &c; do do, choice,
34c; futures dull and shade weaker: No. 2
white, August. 3O@3O7zc; September. 2954@30c:
October. 30H@9O4c; November, 3O13@3lc.
Eggs stronger; Pennsylvania firsts, l718@1Sc.
CNcINNArI-Flour barely steady. Wheat
dull: No. 2 red. 76@Tc; receipts, 1900
bushels: shipments, 1900 bushels. Corn
easier; No. mixed, CSC. Oats dull: No. 2
mixed, zoe. Rye heavy; No. 2 new, 42c.
Pork nominal at SO 70. Lard dull at S.
BuIkmeats and bacon dull. Butter steady.
Sugar frmer. Eggs strong and higher at 1870
14]1c. Cheese in fair demand.
BALTMoRE-Wheat-W easy; No. 2