Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-02-21
MARKETS BY WIRE.
May Wheat Lower and July Righer-The
Market Nervous and Unsettled-Hog
Products Weak, With a Steadily
Declining Tendency.

/ DeCunlnR IenuenCys
| CH1cAGo.-Wheat was active to-day, but
nervous and unsettled. The opening for
May was E@1c below the closing of yes
terday and sold off &c more, rallying l5sc, or to
yesterdays closing figure, again weakened, de-
clining l55c and after some changes closed 155sc
lower than yesterday. July on the other hand,
| opened about NQ15c lower, sold up trife, then
| off sc and later became very strong advancing
21Sc, closing about lc higher than yesterday.
1t was rumored that some large houses, here
tofore identified with the bull side. were sell
ing May and buying July, the difference be-
tween the two futures being too great. This
movement, however. may have been done only
| for the purpose of making turn of few
cents. and should May decline little further
| a reverse movement will be again attempted.
1t was rumored that some buying orders for
July delivery had been received from Cali
| fornia. St. Louis millers, it was reported, had
| bought 45, 900 bushels of wheat, and the party
who sold 100000 bushels here yesterday claimed
he had inquiries from other parties for the bal
Corn ruled rather quiet most of the session,
| though there were occasional periods OF mod
| crate activity. The feeling developed was
| steady early in the day, but as the session ad-
vanced a better feeling prevailed There was
nothing new Of importance developed, and
| prices were governed largely by local lnfu-
ences.
Oats steadier and higher range of prices
was established with moderately free offerings
early.
A weak feeling prevailed in the market for
hog products and prices were about as yester
day, closing steady. Opening sales of mess pork
were made at nc decline, which was followed
by further reduction of l06l215c. Later the
market ruled steauier and prices raj lied 772@
lOc.
Trading in lard was only fairly active and the
changes In price we're slight.
Short ribs declined 717@l0c, but rallied 21a@
SC.
Tla 1oo5;,o +,,-,-os -,-<r., 10 xoUo,re.
WHEAT-No. 2 February. 81 0S@l 0S@1 067s@
Nay. s. 1iGI IIi6Sl OS5sSi Os5S; July, S955SSyM
CoRN-No 2 February, S4c; March. $3.50
S4l4; May. So l@S514@S5l4 @S55sc.
OATs-No. z February, 251S@255G@255S@2574
Msrce 2sc Bn May 2755ESg2Sg@%59ssii sii oo
@lO 95@I0 IS: March, Sll 0O@l0 IS: May, SI1 l71%
oil lT19@ll 05@ll 10.
LARD, per 100 Ds-Fehruary, Sc 5O@6 $50
@6 5o@6 S; March, s. 5Og6 5714@6 5o@6 571z;
SHORT RIBS, per 100 bs.-February, IS 7211z;
March, S. 7Og5 721]I05 7Oq5 TN; May, S. $50
5 95@5 S711G5 9u
Cash quotations were as follows: Flour
firm and unchanged; No. 2 spring wheat,
81 06sSa1 071Ec; No. spring wheat. nominal; No.
2red, 81 065s@l 071s. No. corn, 34c. No. Goats,
25zc. No. 2 rye. 1870. Nc 2 barley, nominal.
No. ! naxseed. 81 81. Prime timothy seed,
81 42@l 43. Mess pork, per barrel. Sll co. Lard,
per I0OIbs. s6 55@6 5715 Short ribs sides (oose1,
S. 75@5 go; dry salted shoulders (bo4ed),
50 500 621a; short clear sides (boxed), S6 0O@
Flour. 1900 barrels; wheat $4,000 bushels;
corn, 245.0OO bushels: oats. 5000 bushels; rye,
5000 bushels: barley, 81 70A0 bushels. Shipments
Flour. 1000 barrels: wheat, 5000 bushels;
corn. liz, 600 bushels: oats. 5000 bushels; rye,
u, 600 bushels; barley, 5000 bushels.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs
weak at l3@l31lc.
NEW YoRK-F1our more active Wheat
spot quiet and frmer; options 14@5sc higher.
Barley and barley malt dull. Corn-Spot quiet
and easier, options frmer and dull. Oats
Spot steady and quiet; options firm and quiet.
Hay in moderate demand. Hops quiet Coffee
Options opened firm, D@25 points up; closed
BAGS ineiadng @ fFs Fsbruaryp Sp at Sise 1so5ls . Se
March. l6.l5@l6.25c; April. l6lO6l6.l5c;
May. l6.l0Gl6 25c; June, l63O@l635c; July, l6. 40
@l650c; August, l6.5O@l66Oc; September,
l655@l6 75c; October. l660@l6 75c: November,
l6.7O@l675c; December, i6656l675c; January,
l6.SOc; sDot Rio f1rmer; fair cargoes, l715c.
Sugar-Raw dull; fair refining, 4l3-l6c; centri-
fugals, 96 test 59-l6c; refined quiet Molasses-
Foreign quiet; New Orleans dull. Rice quiet.
Tallow easy; city. 55-l6c. Rosin quiet Tur-
pentine steady at 473z@4Sc. Eggs-Fair de-
mand and frmer; western. l414@l415c; re.
ceipts, 6,l6l packages. Pork steady. Cut
peklsd ei Tsa hams SSS SSc faGnGsT Mddes au @G sEG
easier and dull; sales western steam, 81 90;
city, Sc 65; February, s6 80; March, S6 90;
April, s6 S. closing SIS So; May. So 90; June
O2; July, 81 0S; August 81 05 September,
s. 06. Butter quiet and easy; western dairy,
l3620c; DO creamery, 16@29c; Elgins, 30@3Ic.
Cheese quiet and easy; western, l01z@I11Sc.
ST. LoUIs-Flour fairly active ard firm un-
der the recent advance. Wheat-Cash higher
and demand good for both milling and ship
ment; options irregular the feeling was ex-
tremely unsettled; especially for May which
option huctuated violently in price. following
closely the course of value in Chicago; the close
was l1sc below yesterday. while July was "a
&c higher, having advanced sharply under
heavy buying: No. 2 red cash, 9S1Sc; MAY. $3.50
@l 0.K, closing at 997S; June, 97@971Sc, clos
ing at SIC bid; July, S55s@S7c. closing at S6sSc
asked asked Corr Corn easy;No: mixed, cash, 27@27s9c;
@2S34c, closing at 2S34c bid; May, 3OH@SOLc,
closing at S0Ac: June SO55sc. closing at 305c
bid; July, 3l5s@3l5c. closing at 315c.
0ats steady; No, cash. 2$@2!c BID; MAY, 275s@
4O@5Oc; Minnesota, 45c; Canada, S2]5c. Flax,
seed unchanged. Provisions-Market flat.
Pork, Sll 90 Lard-Primc steam, nominal at
Sc TO- Dry salt meats-Shoulders, S. 0065 l21S;
longs and RIBS; s6 90; short clear, So 20. Bacon
Boxed shoulders, S6 25; longs and RIBS, S6 750
S712: short clear, S. S5@7 05.
CINcINNATI-Flour in moderate demand
Wheat quiet and firm; No. red. g9c; receipts.
l,5OO bushels; shipments, 500 bushels Corn
barely steady: No 2 mixed. &c. Oats dull
ami easv; No: mixed, &c. Rye easy; No. 2,
521495813c. Pork easier at sll 50. Lard in
moderate demand at IS so. Bulkmests quiet
and easy: short ribs, S6 co. Bacon easier: short
clears, 81 25@7 571S. Butter quiet. Sugar more
active Eggs dull. Cheese in fair demand.
MILwAUKEE-Flour good demand. Wheat
firm; cash, Csc: May, SIC; July, 951&c. Corn
steady: No. 8, 29@2913c. Oats firm; No. 2 white.
2SQ2S1@c. Rye steady; No. l, 4415945c. Barley
quiet: No. 2 size Provisions steady Pork,
Sll o. Lard, s. 55 Cheese firm but quiet;
cheddars, l01!c.
BALTIMoRE-Provision quiet and steady.
Butter fairly active and steady: western
packed. l6@20c; best roll. l3@lSc; cgeamery, 226
29c. Eyes stronger at 1870. Coffee firm: Rio
fair at 175s@I74c
PHILADELPHIA-Flou firm, but demand
light. Wheat nothing doing in options, prices
of which were wholly nominal. Corn dull and
weak.
ToLEDo-Cloverseed dull and lower: cash
February and March, IS 90.