Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-11
MARKETS BY WIRE.
whent Opens Well bur Loses Its Grip To.
ward the Close-AII the Options Seek
aLcwer Level-Hog Products
Active and Steady.


ward the Close-AlI the Options Seek
aLcwer Level-Hog Products
Active and steady.
CHIcAGo-There was active trading in
wheat to-day and the feeling was unsettled,
being decidedly strong at the start but quickly
weakened and ruled lower. The various de-
lveries opened from nc to Nc higher than yes
terday's closing, but soon developed weakness
and prices declined 11z@2c, closing 5sc lower
for July, l34c lower for August; ls4c lower fol
September, and l5zc lower for December than
closing figures of yesterday. The public cables
were decidedly strong and higher all round, but
private cables quoted the market as lower,
with the weather more favorable for the grow
ing crop.
While this intelligence had much to do with
the weakness. there no doubt was disposition
on the part of some of the large longs to sell
and the offerings would have come on the mar
ket any way Fears that the Government re-
port might be favorable helped to influence the
selling. The market no doubt was long one,
the shorts having covered freely on the recent
Up-turn. Some of the large longs realized, fol
lowed by some of the smaller traders, and al
the decline the market ruled weak and closed
rather easy.
A quiet, steady feeling prevailed in corn.
Fluctuations kept within narrow limits, and
trading was mainly of a local character.
Oats were fairly active and unsettled. The
opening was easy, and remained SO for some
time. An advance in corn produced fair buy
inS, better feeling and an advance of 1QLc
Later in the session offerings increased, and all
the advance disappeared, and the market
closed quiet and easy at shade below the
prices of yesterday.
Trading was quite active in mess pork. The
feeling was weak during the greater portion OF
the session. Prices declined 3OQ3211c, but to
ward the close rallied 71aQl0c, and the market
closed steady.
A fair trade was reported in the lard market
and the feeling was easy. Prices ruled about
21lc lower. and the market closed rather tame.
Quite a brisk business was transacted in the
Der delivery. Prices ruled 21a@5c higher early,
but reduction of 5@71$c was submitted &c
later, and the market closed quiet and steady.
The leading futures ranged as follows:
WHEAT No. July, S59S5@S31a@S3ssc: Au
gust, Sl14@Sl14 4@793k@7g September, SO1S@
Sl1s@7s1sG1s1sc; December, S211QS2ssGSoAG
CoRN-No. 2 August, %@Ss@s5ZsGS5
OATs-So: 3, August. 2h@22HG22@0c; Sep
tember, 2214@2A@22Y@22Isc.
oil 25@H s25f; septer Der, sii 55@iI ska
y 22}9Gn IS; October. SO S71<@lO S711G1O S6g
5s 3d. per sss,sS5.4 100 sAugs;s y .s g s Sc Sc
8 40; October, S. 1906 45@6 4O96 40.
SHORT RIBS. per 100 fbs.-Angust, IS SKA
s S5Q5 !714@o ~; September. S. S5Q5 S779@
8 ss229195 s211; October. s. so@5 so@5 72>fG
Cash quotations were as follows: Flour un
changed. No. spring wheat, S3s4@S43zc; No.
spring wheat, 76QS3c; No: RED, ,SSS4 4@s4s4c. No;
No. barley nominal No. fiaxseed. 81 SO. Prime
timothy seed. 81 45. Mess pork. per barrel sll 37
oil So Lard, per 100 pounds, s6 IN. Short ribs
1boxed5, IS 2gaS SIX. Short clear % sides 1bOIed)
s6 l211Q6 Is. Sugars, unchanged. Receipts
Flour, 1900 barrels: wheat 1000 bushels
corn, 100000 bushels; oats. l2l,0OO bushels
rye. 1900 bushels; barley, 1000 bushels. Ship
ments-Flour 1900 barrels; wheat, $1,000 bush
els corn. $4,000 bushels; oats, III, 600 bushels
rye. 1000 Dusnels; barley, none.
On the Produce Exchange to-day the butter
market was quiet; fancy creamery. l516@l5s4e
fine, l413@l5c; finest dairies, ll15@l21zc; fine II
@llc. Eggs dull at n13@l2c.
NEW YoRK-Flour firm, fairly active. Wheat
mand chiefly milling: options fairly active,
irregular and early A@lc higher; declined ia
Nc, and closed heavy and &c under yesterday
longs selling. Rye firm and quiet; western
50@5lIc. Barley malt quiet; Canada 90c@
81 % fer old and new. Corn-Spot moder
ately active and easier; options less active and
easier. Oats-Spot moderately active and "a
oTs sesdy 9Hs Hops and quiet steady a
closed barely steady at 15@96 points
9sS 4stter sse Surus $50 Sag DslUSipg
a. 25@l4S5c; October, l4S0@l44Oc; November
143OGI445c: December. l430G1l450c: January
l44oGl4 SOC; February, IA 45c; March, 1850
l4s0c; April, l445@l4.50c; May, 440Gl45Oc
spot Rio strong: fair cargoes, l7c. sugar-Raw
quiet and unsettled: fair refining, nc; CEN
trifugals, 96o test. S1s@Sl4c; refined firm and
quiet Molasses-Forelgn dun and unsettled;
Cottonseed oil dull. Tallow steady; city, 200
for packings, 4Ac. Rosin steady and quiet.
Turpentine quiet at S724@3S4c: Eggs frmer;
Pork quiet and steady. Cutmeats firm; sales,
picked bellies, II pounds, nc; picked shoul.
ders, SIC. Lard less active, opened firm and
spot, closing at So 70, and Sc e5G6 70 to arrive;
city Sc 20; August. Sc 1896 76, closing at Sc 73
September. Sc 1896 81, closing at s6 70; Octo
Der, Sc 1895 %, closing at S6 81. Butter quiet
l2@l61<c; do factory, S@l3c. Cheese stronger
western, 654@7Mc.
PHILADELPHIA-Flou very firmly
held, but buyers operating only for immediate
wants Wheat-Options opened IGNc higher
but subsequently lost the advance and closed
barely steady; spot lots quiet, but very firm
No. white july. S618@S7c; August, S41l6S5c
September, @15GsSc; u,e October, lob, SS5}4SSS4c
car lots for localtrade scarce aEd frm, though
quiet: No. mixed in Twentieth street elevator
44c; No. 2 yellow IN grain depot, 441zc; No. /:
mixed July. 42H94S1lc; August. 4S943Hc; Sep
tember, 43115344c; October, 4934@4415c. Oats
Car lots Nc higher, but the advance restricted
business; No. white, 33c; No. white, 3415c
% ,daar tame SGd 6eySnd 5
August, 317E@321lc; September, 8OA@3Ic: Octo
Der, 3l@3lAc. Eggs steady for fancy stock
Pennsylvania firsts, l5c.
ST. LoUIs-Flour quiet and steady. whea
lower; options opened A@3sc lower, but at once
rallied and advanced sz611c on firm and higher
cables; a relapse followed and the feeling wa,
somewhat steadier, but l@lssc below Yesterday
- @AcL T,,r,- =
closed at 75Tc bid; August, 755zG76Ic. close cIosed
at 7515@755zc bid; September, 7815G7Sc closed
at 7e13c: December, 7919@Sl1zc closed at 797Sc
Corn.E7Near;by months firm and July advanced
az 3211zc: August a211@S2ssc closed at S2116c bid
year, 32c, closed at Sc. Oats-No. cash, 2St
Rye-No. 2 40c bid. Barley-Nothing doing
Provisions dull.
BALTIMoRE-Wheat-W estern easy: No.
winter red. spot, Sc; July s61<c; August, $40
SIZE. Corn-Western trm; mixed, spot, 4S11Ec
July, 43c bid: August, 42sS@42szc; September
43Q4SAc; steamer. Ale. Oats firm; western
at 49@50c: Hay dull: prime to choice timothy
sl4 5O@l5 co. Provisions quiet and steady
Butter quieti western packed, l0@l2c; cream
cry, 15G17c. Eggs easy at l2c. Coffee nominal
fair, 1910. Receipts-Flour 1000 barrels
wheat l20O0 bushels; corn. 5000 bushels; oats
1000 bushels. Shipments-None. Sales =
Wheat, l77,OOO bushels; corn, 900 bushels.
CINCINNATI-Flour in fair demand. Whea
easier; No. 2 red, new, SO@8lc; old, S5@S6c; re
ceipts. 1890 bushels; shipments, loo bushels
Corn quiet; No. mixed, 39@39Lc. Oat
scarce and stronger; No. 2 mixed, 2S5A26c
Rye dull; No. 2, 4Sc. Pork easier at sl2 Lars
dull at S6 TO- Bulkmeats and bacon steady
Butter weak. Sugar firm. Eggs heavy. Cheese
quiet
MILWAUKEE, = Flour unchanged. whea
easy; cash, 794c; September, TS1zc. UCor1
Na
2s@Sxc. Rye firm; No. l. 44l4@441<c Barle,
firm; No. 2 September, 5SQ5SXc Provision
easy Pork. sll 20. Lard, Sc %. Cheese lower
cheddars, 7zzQSc.
ToLEDo-Cloverseed quiet; cash, "a so; Octo
Der, 81 90.