Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-28
MARKETS BY WIRE.
Wheat Less Active and Lower on Bearish
Reports From Rnssin and the North.
west - Corn Drops a Frac.
tion - 0uts STEADY

|
less active on the whole than yester
day. A good business was transacted durini
the early part of the session. but after tina
ruled more quiet. Prices ruled lower and tn
advance of yesterday was lost. The openinI
was fully lGllc lower for the various future
than yesterdays closing, and after some iuct
uation sold off H@Ac more reacted slight.
and closed easy and l7so lower for July, 3
lower for August and &c lower for Decembe
than the closing figures of yesterday.
The break in prices was largely due 10 thu
belief that the greater part of the short inter
est at the lower prices was covered, and to
desire on the part of some of, the longs to re
alize. There was something Of an impression
that some of the heavy longs had taken advan
tage of yesterdays bulge to sell. Advices wert
received reporting rain in Russia, and thii
| helped to create weakness. From the North
west bad news regarding the crop prospect:
were received. but these were Offset TO soms
extent by good reports from the winter wheat
! districts.
A moderate trade was reported in corn, most
of the business being transacted during the first
half of the session, after which the market be
came quiet. The market opened nc under the
closing prices of yesterday, was easy and gradu
ally declined sc, rallied a little and closed A@
sc lower than yesterday.
In oats good business was transacted, and q
lower range of prices recorded The feature OF
the trading was an increased demand to change
contracts from July to September.
Trading was quite active In mess pork and
the feeling was somewhat unsettled and prices
irregular. Early the feeling was firmer, and
prices were advanced 213@5c; later prices re
! ceded l5@20c. Toward she close the feeling
was steadier, and prices rallied 5QI1zc and
| closed comparatively steady.
Rather more was done in the lard market,
/ - -1,- h. D-ta
ruled 21S@5c higher. Later the feeling was
easier, and the greater portion of the advance
| was lost
Considerable interest was manifested in the
market for short rib sides. Prices were ad-
vanced 5@T1zc. Later, prices settled back 7139
lOc, but rallied again slightly and closed coni-
paratively steady.
The leading futures ranged as follows:
WHEAT-No. 2 July. SO3s@s0xG7914@ @7911c;
@7S]SQns1 1G77s<c; December, sO1S@S0ss @7sAG
GoRN No. 2 July. S5A@s5l l@SG1@S5c;
August sl@S5sS@s5K KGS5sSc; September, S55S
o1sTs~No; yuIy, 22sz@22N@22k@2276c; Az,
ggss gssasSsSsel ssSSssss227S22c September 229SS
Mss PoRk, per bbl.-July s1l s71S@1l 90
oil 77159ll 81; August, sl2 05@l2 071S@Il S71S
oil 92i September, sl2 05@2 l59u esq
LARD, per 100 Ds.-July, ss 62@6 671S
@6 621&66 621<: August, Sc 77@6 71S@6 721S
Q6 70; September, s6 So@6 S5Q6 sO@6 50.
s s5@S IS: August. p IS lO@6 iOaS O25Sg
O215: September. Sc 1906 1895 O71508 10.
Cash quotations we're as follows: Flour was
firm and dealers ask an advance of l0c; No. 2
spring wheat. sl14@s2c: No. spring wheat, 73@
76c: No. 2 red. Sl1S@S2c. No. corn, S5c bid. No.
2 oats. 2212c. No Frye. 4215c. No. barley nomi-
nal. No. flaxseed. 81 1901 So Prime timothy
Lard, per 100 pounds IS 6211z Short ribs sides
tloose). S. 95@6 05. Dry salted shoulders
(boxed), s. 25G5 3715. Short clear sides (boxed),
Sc 35@6 S58; Sugars unchanged. Receipts
2l2 600 bushels; oats. 2l6,O00 bushels; rye 1000
bushels; barley, 900 bushels. Shipments-Flour.
5000 barrels; wheat Is 600 bushels: corn 2l3, 900
bushels; oats, 5000 bushels rye. 1000 bushels;
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs firm
at 12c.
NEW YoRK-Flour unchanged and fairly
active, closing irregular. Wheat-Spot weak
and less active; options less active, &c lower
and irregular, closing weak. Rye steady; west
ern. 4s12@50c. Barley malt dull; Canada, 90c@
81 05 for red and new. Corn-Spot weaker and
weak oats-Spot steady and quiet; options
steady. Hay, steady. Hops quiet Coffee
Options opened steady and l0@l5 points up;
closed firm and and 4S@SS g points !, up sales $3.50
gust, 1375@14.20c; September, 1390ll430c; oc-
ReSsmHs sSo nS@sS ass SsnSs5y 4I99
lA5Oc; April, l4a5@4l5 May. I4i5@l45oc
Spot Rio steadier; lair cargoes at 1870.
sngaTaRaw, quiet and firm; sales 1000 tons
firm; small lot of Barbados sold
SIC; New Orleans quiet; open kettle, good to
seed oil dull and easy. Tallow quiet. Rosin
quiet and steady Turpentine steady at 371%
@3Sc. Eggs fifmer; western, l41z@l454c; re
ceipts. 4,46O packages. Pork firm; mess, SIS 25
qlS so; sales, extra prime, sll 50Gll rs. Cut
meats stronger: sales picked bellies, IL pounds,
SIC: IA pounds, 61sc; 10 pounds, 714@71zc;
picked hams l2c; picked shoulders, SIC.
but in better demand; sales western steam,
S6 95; spot. 81 90; city, Sc IS; July, Sc 9406 96
closing at SO "a asked; August, 81 03@7 o. clos
ing at 81 03 asked; September, 81 llG7 IA, clos
ing at 81 II asked; October. 81 H. closing at
81 10 asked. Butter quiet; western dairy, 100
lac; do creamery, 16@f71Sc; do factory, 75S@l3c
Cheese easier and less active; western, 7sz@Slc
PHILADELPHIA - Flour firmer, with good
inquiry for spring wheat patents. Wheat-Op-
tions weak and lower: cash No. 2 red dull and
115c lower; No. 2 red June, nominal; July and
August. S217@S3c; September. S2sZ@S31<c Corn
Options dull and lower; car lots quiet, but
mixed on track and in Twentieth street eleYa-
tor, 4315c; No. 2 mixed June 4lA@421sc: July. 42
@421zc: August. 42l4@4234c; September. $50
431c. Oats-Car lots steady. with moderate
3Ssz@3ic: futures quiet but steady; No. 2 white
June and July 325S@33Ec; August. 3l5z@321Ic:
September, 3lszG321zc. Butter frm and more
active: Pennsylvania creamery extra, l615@l7c;
do prints, extra, lSc. Eggs steady; Pennsylva.
MIA tirsts, l6@l61%c.
ST. LoUIs.-FIour firm but UNCHANGED
Wheat-Al the influences were hearish to-day
and prices declined 11z@11zc closing at the
751sc. closing at 74zc: August, 74L@75Tc.
closing at 14%c; September. 75sS676ISc, and
closed 75sz@7513c; December, 7S15@791s. closing
at 5SG nnS Com s1slc lower ,N No mixed cash. a@
3l17c asked: August 323s@3z1zc, closed at 32sSc
asked. Oats weaker; No. cash 225<c: June
226c asked; July, 22ssc asked; May, 2511Sc bid.
Rye dull and dragging: No. 9, 4Oc Fiaxseed..
81 SO for July and August delivery; old crop
seed not worth more than what is bid for new
Provisions slow.
CINCINNATI-Flour in moderate demand
Wheat strong; No. 2 red, S7@Ssc; receipts, l.4Oo
and higher; No. mixed, 3Sc. Oats steady; No.
mixed, 251zG26c. Rye firm and quiet; No. 2.
4515Q46c Pork firm at sl2 25. Lard firm and
steady. Butter steady. Sugar firm. Egrs
heavy. Cheese steady.
MILWAUKEE, - Flour in good demand.
Wheat easy; cash, 7S1zc; July, 7sc; Septem.
ber, 77c. Corn quiet at 35c. Oats STEADY; No. 2
dull; No. 2. 5OQ5Ic. Provisions easier. PorF
Sll IS. Lard, S6 80. Cheese unchanged; ched,
dars. s@S14c.
BALTIMoRE-Provisions quiet. Butter steady:
creamery, l6@l71zc. Eggs firm at 15@l51zc COT,
fee unsettled; Rio fair at l7c.
ToLEDo-Cloverseed dull; cash "a 40; octo.
Der 81 60.
Fireworks for the Fourth.
Largest assortment in the city; finest dis
play of pieces; prices lower than the lowest;
4al