Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-03-22
MARKETS BY WIRE.
A Sharp Rally in Wheat, May Option
Leading the Procession-Corn Easy
and Oats Stronger Hog


A sharp Rally in wheaf. NAV Ortio,
'"' OP"O"
Leading the Procession-COrn Easy
and Oats S,ror... uor
Ouucts sun Unsettled.
CHIcAGo-The wheat market develoned
more life and animation +odavand +rod;nc
was active certr-;n- ,,-;,..:N.n- e. n,s
y N0Uiins principally IN may Ane
1eeung was nervous and unsettled, and for
May delivery prices scored a sharp advance,
while the more deferred futures followed onlv
to a slight EXTENT Nav onenad I61lIc HIGHER
ana advanced, with some fluctuations, 271c de-
cllned l8c. ruled firm, and closed about &c
higher than yesterday. June advanced &c and
closed &c higher July advanced lie. declined
~ 80 " h;r,tor
than yesterday.
The feeling has been bearish of late, and the
market no doubt. was an ovsrsold one: Yes:
tsrday there were symptoms Of tss tightening Of
tne market and to-day wnen tne snorIs uhueI-
took to cover they found but little wheat 1or
at the ton there was more disposition to realize,
and the offerings became heavy enough to cause
soSs;nn tho,,p nt times r. eIhinted moderate
o,;,,;t TSs ,reyaiI;ng feeiing was one of
staad;Esess viii occasionai neriods of tenn
S,o-arH f;S1,nness The market onened shade
foba hon ba olO 0f vpstQTdaV
sgaeT 5eiR within and closed
tbe sa,ne az vesteTdsy
'ne same as onger yeeuef fee,nO dsve,oned dine to
the n sbaTn 1 aSysnee % in % wheat offerings at the
were small and prices easily Ssss
1mRmber mT @ of seIIers INT as the eager buyers had
peen filed ID Sn and no | new orders arrived. a
weak weaker fselng developed and all Oh the S0
Rstbar an octive brsiness 1vas transacted in
norE early in the day and nrices ruled some.
what irreonIar Prices were I2IzG15c higher
than the Closing igures of yesterday. Later
S9ilfS95c and the marFet closed lose ratSer tame at
abo1t medium fipures. Lard and short ribs
followed the same general course.
The leading futures ranged as Follows:
June, sSgs417@s25zgs gs4z9c; July S61aQS1Q
S6zs@S619c; year, SO1z@S0ss s@SOQSOc.
CoRN-No: April, 341se; May S19s sgSo7sQ
S5z4QS57se; June. S5A9S513g 1924 fgS2Ssc. o-,
OATs-No. May, 2o2s@2o9sc June, zoA
@2oA@25S@251zc; July. 25Q2oA@2oG25c
MESS PORK, per bbl-May Sl2 S0gl2 d0g
Y l219ql2 20: june Sl2 42z3@R 4Z52gIz 2OQ
Il .; July, sl2 50Ql2 5o@l2 25@l2 S21E o ~
ct w; June, 81 OOQ6 S112; July, " O11ag1 U'15
a. O219@7 O273.
SHORT RIBS, per log ns;-May,S6 S0g6 SOQ6 u
@6 ~; June; s. S5@6 S5@6 25@6 %; July, " S175
@6 40@6 SOQ6 30.
Cash quoJauons were as follows: Flour
dull and unchanged: No. spring wheat,
od120YoI%4Cs NO. spring WHOdL 4NO. z
red, S7K@s7sc. No. corn. S414c; No:
oats, 2417c. No. rye. 4Sc No: 2 barley,
os6R see d Mess Sork DO pemS peP
Short d3 ribs Sides Zoos doose, s. 15as 20 Dr. Dry ssted
shoulders (boxedl. S. SO95 20. Short clear
sides (boxed), s. 5O96 6212, Sugars-Cut loaf,
UNCHANGED 90 Receipts : Flour; LOO " bar
oaIs. 10000 bushels; rye, 5000 bushels; barley,
81 GOO bushels. Shipments-F1our, 7,0Oo barrels;
wheat, ll,OOO bushels; corn; $4,000 bushels;
10000 bushels.
On the Produce Exchange to-day the butter
market was easy and unchanged. Eggs weak
at ll12Gl2c.
NEW YoRK-Flour steady at the decline.
$Sdls<c higher and strong i've dull. Barley
dnIL Barley malt ouiet Corn-Spor ia
&c lower: options quiet and irm, oats
Spot firm and quiet: options more active and
&c higher. Hay in fair demand and firm.
Hons Steady and Quiet. Coffee-Options opened
barely steady, l2625 points down; closed steady,
lO9l5 points down; sales. 1900 bags including
July. I7iOGI7 25c: August i7.256i7.S5c; Sen.
tember. I7.aUGlT. 45c: October. nj 4Oc: Noyem-
Der, 17.456I75Oc December i75O@H Sc: spot
higher; fair refining, 5-I6c: centrifugais Sc
fest. &c: refined ouiet and easy. Moiasses-
Foreign firm: 500 test. 2f<c: sales 100 hhds.
Trinidad at &c; New Orleans quiet Rice in
Ialr demand ana SCeaQy. HeUrOleum STEADY
and quiet: United closed at Gle. Cottonseed
oil firm; crude 42c: yellow, .49c. Tallow firm;
city, 47-l6c. Rosin quiet and steady;
strained common to good ll59l2. Turpen-
tine quiet at 5215c. Eggs duh and lower;
Western l2Jl@I25zc; receipts, 1892 packages.
Pork strong. Cut neaJs slow; picked bellies,
II pounds average, &c; picked shoulders, SIC;
picked hams, 9sz@l0c. Lard easier and quiet;
sales Western steam, 81 25; CITY, S6 IS; March,
81 q; April 81 %, closing at 81 "a; May, 81 8,
closing at 81 %; June. 81 "a; July, 81 81. clos
inE at 81 %; August, s. 81; September, 81 50 bid.
Butter quiet and weaker; Western dairy, $50
19c; do creamery, lS@25l5c; Elgins, 2616Q27c.
Cheese quiet; western, S15QllAc.
ST. LoUIs-Flour firm but unchanged. Wheat
higher. The opening was strong and rather ex-
cited on stimulating advices and May sold &c
higher, but soon fell' back and finally lost all
the early advance. 1t again rallied and sold up
lssc only to drop back once more, though re-
acting late. The close was firm, with May Ic,
June 5sc. July &c and August &c above yester-
day; No. 2 red, cash, 9l15@9lS4c: May, 905s@
92e, closing 9l12c bid; June, S11sQS75sc, closing
o'asc plo; @ @J1ly: SV1sWog2sc. closing SOSsc bid;
5SuguSSt 's5sgtozsc, SI9slnS IS2sc pla; year,
&c corn 1rm ana 40 ASS2sc nlgher put slow;
NJ, NO; z M miAeu, cash' ZSUzS!4c; april %9sc; May,
A99O7sc; July, ozc; AugusG S31sqc Oats
very very quiet' 10 cSsh n9mlnany Zic; May, Z6c.
nj nfe E Huie, G ~ :, -, y,
p;e Oi 4 sIm IA ~ Iuee az q 40
q III Broyieions yer% oIsgIsS ns tfon co''oh 'es
D., ~, -, rI.'iU qTr u,
80. 49, yVhoa+ o+io nsnS anu
tbocei sracn1o+ors bn+ Ir;oos of snt; "
euC ondi IlSc III