Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-28
MARKETS BY WIRE.

Continuation Of the Bull Movement in the
Wheat Pit-A Buoynnt Feeling and
Higher Prices nll Along the
Line-Corn and Oats
CHIcAGo-There was a continuation of yes
terday's bull movement in wheat to-day, the
highest price being attained during the last half
of the session. For an hour or more after the
opening the trend of market was downward.
During that time the leading futures sold of
ss@Kc as compared with yesterdays closing
and nearly l from curb price. The weakness
was attributed to the Indifferent early cables.
fine weather both in this country and England,
and the report Of an increase in the quantity Of
wheat on ocean passage. The bulls were not
aggressive, but wheat had more friends than
for some time past, and everybody was waiting
for news from Vienna in addition to what was
received yesterday.
About noon, reports of liberal purchases Of
cash wheat by exporters at New York caused
renewed buying and prices advanced sharply.
September went to 7sc and December to 7919c
before there was any reaction to speak Of.
During the last hour of the session trading was
heavy and the market showed great buoyancy.
There was increased speculative trading in
May wheat and it was relatively the tsrongest
future in the list closing nearly lc higher. In
September there was a net gain OF 1zc and
December &c. No. 2 cash and seller the
month scored gain of as@1fc.
A good business was transacted in corn, and
the feeling developed was easy earlier, but
later the market was steader. The volume OF
business transacted was quite heavy, but to-
ward the close business was mainly local. The
easy feeling was due to continued fine weather
and heavy receipts. The market opened Zc
below yesterdays. was easy for time, declin,
ing LsGhc, reacted, advancing 15@5sc, ruled
steady, closing at H@Lc higher than yester-
day.
Oats were fairly active, especially for May
delivery, in which the bulk of the speculative
trading centered. The near futures were
rather quiet, but a steadier feeling prevailed,
due TO receipts being less than expected. The
feeling was unsettled, and prices huctuated
freely within a range of sc. The market
closed steady at almost outside prices, and at
Hc advance over yesterday.
Trading was fairly active in pork and the
feeling was unsettled. Prices declined l0@l2331c.
but rallied again 715@l0c, and closed steady at
outside figures.
A light trade was reported in lard. and prices
at medium prices, but reduction of 21S@5c
was submitted to. Toward the close ruled
stronger, and prices advanced to outside fig
ures, closing firm.
An active business was done in short ribs, but
prices were Irregular. Prices ruled easy and
declined 7159lOc per 100 pounds, but rallied and
closed steady at outside figures.
The leading futures ranged as follows,
WHKAT-N No. 2 September. 771s@7SG7654@
TIC; December. 7SQ7S1S@ 1S@775S@7sc: year. 1870
T14Q76s@716c; May, SAGS3ss @SlA @S3Ac:
ss5Sc; October, ss%Gss5z z@sssS SaslGsc; Decem.
oATsNNo: 3 September. lsa4@20N N@lss1@9Oc;
October, 2O@2e6@DG2S%c; May. 22zs92Ses;
O. 72I5: October, So sO@s sOQs 67t<@s SO; January,
80 171S09 N@9 lO@9 10
LARD, per 100 Bs.-seprember.s IS e21S@e 021S
90: January. S. S2h
SHORT RIBS. per 100 ns:--september. 81 SO
Cash quotanons we're as follows: Flour
firm and unchanged. No. 2 spring wheat 7s1Sc;
No; % spring wheat 6s@7O14c; No.
No rye. 42iSc' % No. barIe2 % ssc Sa's No 1Oc
naxseed. 81 26 Prime timothy seed, 81 3OaI 81.
Mess pork. per Dbl. SO 75. Lard, per lOo pounds
Sc O21aQ6 05 Short NIB sides QooseG "a S.
bushels; corn. 594, 900 bushels; oats, $4,000
bushels; rye, 1900 bushes; barley. 1000 bushels
shiPments-Flour, 1900 barrels; wheat. l6l..
600 bushels; corn 100000 bushels: oats, 1874 900
bushels; rye, 1900 bushels; barley 1000
On the Produce Exchange to-day the butter
market was fairly active: fancy creamery,
ls@lS15c: tine. l5@16c; fine dairies, l3@l4c fair
to good, 9QlOc. Eggs in good demand at lac.
NEW YoRK-Flour steady and in fair de-
maud. Cornmeal more active and steady;
yellow Western, 81 45@2 rs Wheat-Spot firm
and DC higher; limited export demand, good
opened ss@15c lower on longs realizing, reacted
on foreign shorts covering l@lLc. closing firm.
Barley malt dull. Corn-Spot moderately
active. with light offerings and stronger; options
less active, KGssc higher and steady Oats
Spot less active and %G3<c lower; options
quiet. Hay firm and in good demand. Coffee
Options steady and unchanged to points up,
closed hrm at 1920 points up; sales 5000
bags, including August 495@l5c; Septem-
Der, l4S5@I5c: October, -N95QIal5c; Novem-
uary, l5l5c; February, Is 05; March. Is i5c:
April, Is lOc: May, 510@l5 25c: June 10 l5l5 25c;
spot RIO quiet; fair cargoes, lS1<c. Sugar-Raw
nominal; refined hrm and in fair demand Mo-
lssses-Foreign nominal; New Orleans quiet.
Rice in fair demand and steady. Cottonseed oil
dull Tallow stronger; city, 4A@4 l3-l6c. Rosin
steady and quiet Turpentine quiet at 44@
441fc. Eggs firm and in good demand; western
IQlSzc; receipts. 4, ,22S packages. Pork steady
Cutmeats dull. Lard-Early months stronger.
covering OF contracts; new crop quiet and
steady; sales, l500 tierces western steam, chiefly
export, at 50 S6Q6 421f closing at s6 4218; Sep
tember, Sc 40; october, s6 IS; November S6 81;
December, d &C S. 10; january Sc 10; February.
12c; creamery, u@lS16c: do factory, S3l2c
Cheese quiet; western. 6Q7c.
PHnADELPHIA-Flour-D slow and
prices ruled in buyers favor. Wheat advanced
advices, but local speculation was quiet and
export demand continued light; No. 2 red.
August. s3@8S11c: September S21l@s21<c; Oc-
toDer. S2s4gSSHc; November. Ss16aS4c. Corn
quiet and steady; sales No. low mixed in
Twentieth street elevator. 43c; No. mixed,
In Twentieth street elevator 4315c: No vel. |
low, in grain depot, 44c; No. mixed Au- |
gust, 4lzs@424c; September, 4lI6Q42I<c; Octo- |
Der, 421z@421zc; November, 425z@431zc. Oats
steadier: No white, 2518Q26c; old No white,
2915c; new No. white, 2s1fe; futures dun and |
lower: No. white, August. 27s4@21<c; Sep |
tember. 23<@2Szc: October 2S1S@z9c; No |
vember, 29G2915c. Provisions steady; demand |
Hams, smoked. ll16Gl3L Butter |
weak and ower;Pennsylvania creamery extra
do prints extra, 20G25c Eggs scarce |
ana firm; Pennsylvania frsts, l9c. |
ST. LOUIS = Flour firm and unchanged. |
easy and declined slightly but |
when the report of the Vienna Congress came. |
prices shot up and closed l1sc above yesterday |
No. red cash, 755sc; September, 75f076IIc, |
closed at !614c; December. 765sG7S1zc. closed at
alter, and closed 1sQZc above yesterday; No. |
; cash. 3l1zc; September, Yl14@3ls1c. closed az
'ls4c; October, 3l@3ll &c; December, 3Os6G3Oskc,
closed at 3O15c; May. 325z&347sc@321sc' Oats /
irm; No. cash. l6c bid; September IS0lSl<c;
May, &c. Rye quiet at 395zc. Barley-No |
market. Flaxseed steady at 81 p Bagging
irm; ranging at 94l0c. Provisions firmer.
CINcINNATI-Floure easier. Wheat stronger:
No. 2red, 75c; receipts a 900 bushels; shipments
700 bushels. Corn dull: No. 2 mixed, 35c
Oats easy; No. linked, 2O1Sc Rye dull; No
3 SIh. Bulk meats steady; short ribs S5 10
Q5 10. Bacon in moderate demand; short
:lear, SO 5 Butter steady. Sugar firm
Eggs in fair demand at li11c, Cheese firm
Ind unchanged.
fBALTIMoRE-Provision weak; mess pork,
~ 90: bulkmeats, loose shoulders SIC; long
lear RIB sides and sugar picked shoulders, &c: