Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-07
MARKETS BY WIRE.
Wheat Rather Quiet but Develops
sreadIer Undertons--Corn and Oats
Little Better-Pork Act.
I've and stronger.

NA~~-~@
to cover. and few moderate sized lines were
bought in. There was nothing particularly
new in the situation, the principal reason fol
this action on the part of the shorts was claimed
to be that the market did not decline as easily
as some operators had expected. Another
view of the market as expressed by an operator
was that the selling the past few days which
was supposed to have been mainly long wheat
was evidently short wheat and operators we're
trying to get this back.
There was nothing special in the outside
news to have created the strength to-day
Private cables quoted spot wheat as opening
weaker and Mark Lane was quoted nrm.
| Private advices generally quoted markets on
the other side as quiet and firm. The board
dispatch quoted Nc decline, The recelptIS 81 IN
| the Northwest are still on liberal scale. The
movement has rather exceeded the expecta,
tions Of operators, who had generally looked
| for material falling of.
Coma moderate business was transacted
within a narrow range. The feeling early was
rather easy, but as the session advanced bet
| ter tone was developed, though values
showed no material advance, except Decem-
Der, which was stronger, closing at the outside.
The market opened at yesterdays closing
prices. was easy for time. selling of 1s914c,
became firmer, advancing N@1zc. ruled steady
| and closed AQ5zc better than yesterday. 1t is
understood that there has been considerable
buying of December in quiet way the past
| few days supposed to be for Eastern account.
Oats were quieter and rather steady. A
moderate number of buying orders were re-
ceived from New York. A prominent local
operator was also buyer. On any advance,
however, the latter sold freely. His trading
held the market
Pork-There was rather more doing and a
stronger feeling was developed. Prices ruled
6@lOc higher, and the advance was fairly well
maintained.
Tord TI,a ,,o-i-a+ ,--os s&-o,,r-o- ood vr;oae
ruled about sc higher.
Ribs-A fair trade was reported, and the
feeling was stronger. Offerings were INSULT
cient to meet the demand and buyers were
compelled to pay about SC advance to hll their
orders.
The leading futures ranged as follows:
WHEAT-No. 2 December. TS1S97997S1s@
7SSSc; January; 7a16G7s1s@7s1S@792sc; May, SS3s
CoSN No 4 December. 8CM@a5s@SON@
@3S&@SSz z@3Sssc.
OATS No. z December, 2O1f@20ss92O1S@
25s; Js1Iary leIy;,2 ,22OA@OsS2O4S May ~
as ss s7S@S FSHA 47 pei March s. s5ss s2Ss s 3 55S
8 6215; May, SO S0@9 S599 1893 IS.
LARD. per 100 Ds-,JanuaIy IS s21695 977z9
May, IS I2115a6 1896 l21S06 Is
SHORT RIBS. per 100 Ds-January. 81 S0q
s5Q4 s0@4 IS; March, 81 9O@4 95@4 90@4 95;
May, % UZ14G6 U71SeD6 O0Gp5 VIZ.
and unchanged; No. spring wheat, 7S1sc; No.
8 spring wheat 64@73c; No, 2 red, 7Szsc; No. 2
corn. 3l5sc; No. 2 oats, 2O1z@205sc.I No. Frye,
441zc. No. 2 barley, Sc. No. faxseed, 81 36.
Prime timothy seed. 81 20. Mess pork, per Dbl,
SO 5OG9 90. Lard. per 100 lbs IS g71z. Short
shoulders Cboxed), 81 l211@4 Is Short clear
sides tbo1ed), S o5@5 10; sugarsmCqt loaf,
wheat, 5000 bushels; corn. 10000 bushels;
oats, 112 900 bushels; rye 1900 bushels; barley,
Sc. 600 bushels. Shipments-Flour,S 600 barrels;
oats, 5000 bushels; rye, 5000 bushels; barley,
81, 900 bushels.
On the Produce Exchange to-day the butter
market was frmer, but not quotably higher.
Eggs, 2923c.
NEW YoRK-Flour steady and fairly active.
Cornmeal dull but steady. Wheat-Spot irreg-
ulaT, closing firm; moderately active, chiefly
for export; options moderately active. H@Nc
higher and steady. Rye firm; western, 60Q6lc.
Barley steady. Corn-Spot stronger and in
good demand; options moderately active and
stronger. Oats-Spot firm and less active; Op-
tions flrmer and dull Hay steady and quiet.
Hops firm and in far demand. Coffee-Op-
tions opened steady, 5@l5 points down, closing
firm and good TO 10 points up; sales So, 500 bags
including December. l54041560c; January, 1850
@l5 Csc; February, l665c; March, l555@16 Zoe:
April, l565c; May, 1560@l5z5c; June, 1850
l575c; July, l5556I5.65c; September, I66Oc;
October. 1550c; spot Rio steadier; fair cargoes
l9Ac; No. 2. 1870. Sugar-Raw, more active
and hrm; fair refining, 5A@51zc; centrifugal,
vado, 7S0 test SIC, and cargo of Brazil at
breakwater, 80 test, 5zc; refined firm and quiet.
Molasses-New Orleans steady; open Kettle,
good to fancy. 3S@47c. Rice in fair demand
and steady. Cottonseed oil easy and dull.
Tallow weak; city (S2 for packages) 4sSc
Rosln quiet. Turpentine steady and quiet at
4oQ457zc. Eggs quiet and about steady; West
ern, DC Pork quiet and firm; mess, inspected.
Sll OOQ1l %; mess, uninspected, $40 50@l0 75;
extra prime, So 1910 90. Lard irmer and
more active: sales ,S65 tierces Western steam
at S6 30Q6 35. closing at S6 IS for choice; op-
tions, sales 5000 tierces December, Sc 30 asked;
January. S. 1906 "a, closing at S6 81; February
S. S8Q6 80, closing at Sc SO; March, Sc A; Nav
S. 5l, closing at s. 80 asked Butter-Fresh in
lSc; Western creamery, l4Q2Sc; Western held
at 14@l9c: Western factory, 7620c Cheese
quiet and steady; Western, 71S0l0c.
PHILADELPHIA-Flourw weak; light demand
Wheat firm, with a fair demand; options
wholly nominal, with a fair demand: exporters
holding off; no grade, 55G60c; rejected, 6O67Oc:
fair to good milling wheat, S0@S5c; choice and
fancy longberry S@9Oc; steamer, No. red,
in export elevator, &c; ungraded in grain
January. a@Sl11c: February, s95z@8SZc;
March, S4@S415c. Corn quiet and options a
shade loweri car lots 76c higher, under light
though quiet; old No high mixed on track
in grain depot and Twentieth street elevator
45c; new No. for local trade, z214@43c; No. q
mixed, December. S9@S91zc; January, $50
Oats-Lots shade higher under light receipts,
but local trade demand very moderate; No.
mixed, 27szc; No. white, 2S3z029c; No. 2white,
29szc. do, choice, SO1Sc; futures firm; near
2sssGSOc; January, 2s5s@S0c; February, @1Sc.
Eggs steady for fresh: Pennsylvania firsts
&c; held lots dull. at 14@23c.
ST. LoUIs-Flour quiet and unchanged.
Wheat higher; the opening was Lc lower, and
for some time the market was unsettled: later
however, under improvement in outside mar.
kets, there was less selling, and the close was
Zc above yesterday: No. red cash. 1870
7s9kc; December, 7Sssc, closing at 7ss4c, bid;
January, 7Szz@79c, closing at 791<c, bid: MAY,
S25l6SSISc, closing at S3ISc. bid: july TSsIe
closing at 7S57sc, bid. Corn higher; No q mixed
cash, 27szc; December, 2715@2Sc. closing at
275sc, bid; January, 273zc. closing at 271S127sSc
nominal; No z cash, zoe bid: December. 20J%c:
NAV. 221<c hid. Rye-Nothing doing Bar
ley lower: Minnesota, 55c. Flaxseed worth
81 & Provisions very quiet.
MINNEAPoLIs-Local receipts of wheat were
369 cars and 81 shipped. There Has moderated
buying by local millers who were picking IT nm
slowly during the day, and with little buyine
by other parties the offerings of dice wheat
were pretty well cleared up at the close
Wheat that was not strictly milling sold slow
ly and much of it was hard to dispose of at
prices netting results at all satisfactory Clos
ing quotations: No. hard, December. 7Sc.
January, 7S3zc; MayS3szc: on track, 79c; No
Northern, December, 751zc; January, 76c:
May, size; on track, 76sz@T7c: No. 2 Northern
December nc; January, 73c; May, 7Sc; on N
track, 72Q7492c.
MILwAUKEE-Flour fairly active Wheat
firm; No. spring, on track, cash, 73@75c; Nav
in store, TIC; No. Northern, 8lc. Corn steady;
No. 8, on track, 291&c. Oats irmer; No. white
on track, 21s02Ac. Rye quiet; No. /. in
store 4415c bid. Barley easy: No 2 in atora