Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-08
MARKETS BY WIRE.
Spasmodic Movements in the Wheat Pit,
With Prices Favoring First One
Side and Then the Other

Spasmodic Movements in the Wheat Pit,
With Prices Favoring First One
Side and Then the Other
May Closes Higher.
CHIcAGo-There was more doing in wheat
to-day within rapidly fuctuating and mod
crate range of prices. Trading was spasmodic
favoring at one time the buying and then the
| selling side. There is still strong PRESENT.
ment among the traders that some parties are
under wheat. The market opened strong, but
broke OH quickly under large offerings, the i'm
preston being that the visible supply would
snow very large increase, and a ssG75c decline
was established. When the returns of stock
! In sight on the black board commenced to
show that the early anticipations might not be
realized by half there was some buying to get
pack what was sold, and also some long buying.
This carried prices steadily to the top notch of
the day, or &c above early inside prices for De-
cember and &c for May. AS usual, however,
when the figures were posted there was dispo-
| sition to realize, which carried prices back
| again to inside figures for the day. Around S3c
for December the buying by prominent local
| trader became quiet and conspicuous, and this
| proved to be the lowest point of the day. For
some time the market ruled steady, and the
closing finally was the same as Saturday for De-
cember. and L@zc higher for May.
Corn ruled quiet and inactive the greater part
OF the session, trading being almost exclusively
prominent local operator was moderate pur-
chaser of year, and seller of November.
Oats were active, weaker and lower, prices
| receding %c reacted slightly but closed easy.
| The depression was due to heavy arrivals.
Trading was only moderate in mess pork.
Prices ruled 5@71Sc higher, and the advance
was fairly well maintained.
Only fair business was transacted in lard.
Prices were 715Gl0c higher, closing compare
lively higher,
fair trade was reported in short ribs. and
higher for October and 25{@5c for the other
deliveries, and the market closed rather steady.
The leading futures ranged as follows:
WHEAT -No; 2 December, SSN@S3H@SS2
SS8S4e; year, Sl15@SlA@SllsGSl14c; May, $3.50
CoRNeNo. z November. slx@8lc: Decem.
beE 8l1s9Sl1s@3lG3lci May, 58h@S315@3SA
oATszNo; 2 November, 1ssz@1sl4c; Decem-
MESS PORK, per bbl.-November. SO 327s@
9 40Qs SOGs 40; January, SO 25G9 S21aG9 200
LARD. per 100 bs-Noyember, IS 921s@6 O21E
@5 921S@6 0212; year, IS s71S@5 9595 S71{Q5 IS;
January, IS s71Sa5 97l6@s5 S7kG5 971SS.
SHORT RIBS: per 100 bs:-Noyember, 81 S5@
IS; January "a 70G4 T1S@4 704S4 771S.
Cash quotarlons were as follows: Flour
steady and unchanged. No. 2spring wheat, 81
@SlAc; No. 8 spring wheat, 67G6Sc; No.
2 red. SlGSlAc. No. corn. SO5sc No. 2.
oats, l9c No. rye, Axe, No. 2 barley,
e Messed Mess poTf So per f5%s 5B so 5GS5ss s
10 go Lard. per 100 pounds, S6 S5. Short rbs
sides Qoosel. S. 20G5 Is Dry salted shoulders
S6oxed),s4 l219@4 25; short clear sides tboxed),
70 37S. Sugars unchanged Receipts
Flour, 1900 barrels; wheat. $4,000 bushels;
corn. 267, 900 bushels: oats. 247.OOO bushels;
rye, 1900 bushels; barley, $4,000 bushels Ship
ments-Flour, 1900 barrels: wheat. $4,000
bushels; corn. SsS. goo bushels; oats. 2lS0OO
bushels; rye, $4,000 bushels; barley, $4,000
New YoRK-Flour moderately active and
steady. Cornmeal quiet: sales, 900 barrels.
Wheat-Spot f1rmer, with fair milling de-
mand, otherwise dull; options dull, I@1lc
higher and steady; local trading. Rye dull:
western, 4S@52c. Barley dull: Canada, 65G70o;
western. 55@65c; six rowed state, 65c. Barley
malt quiet; Canada, 75GsUc. Corn-Spot
moderately active, closing easy; options dull,
unchanged. Oats-Spot unchanged and less
active; options moderately active and lower.
Hay strong, fair demand Hops quiet. Coffee
down; closed barely steady at 85G40 points
down, sales "a, 500 bags, including October, 1920
@l5SOc: November, l505Gl52Oc; December,
l5.05Gl5.25c; January, l5.l5@l62Oc: February,
l520c: March, l505Ql5 zoe; April, 152Oc; May.
l6O5Ql52Oc; une, l5 4l5. l5c; July Is l0@5 l5c;
August, l600@l6.l5c; September, 1495@l5.O0c;
spot Rio weak; fair cargoes, l913c. Sugar
Raw quiet ami easy; refined steady and in mod
crate demand. Molasses-Foreign nominal;
New Orleans dull. Rice quiet and steady.
Cottonseed oil quiet Tallow strong Rosin
Eggs dull and easier; western. 22@221ac; re-
ceipts, S.549 packages. Pork strong. Cut
meats firm. Middles strong. Lard higher;
choice scarce and wanted by exporters: sales
western steam; s. 6214g6 70, closing at So rs;
October. So 7O@6 rs; November, S6 1896 A;
December, Sc 3S: January, Sc 80; February Sc 40
at As; March, Sc 1895 So Butter quiet and
weak; western dairy, 9gl4c; do creamery, 12@
25c; do held at l2@20c: do factory, 715@l3c. |
Cheese dull and unsettled western 9Gl0c.
PHILADELPHIA-Flour- light. and |
firm in buyers favor; Western winter, clear,
81 OO64 25; do straight S4 1904 IS; winter pat,
ent, S4 60@5 90: Minnesota clear IS 5OG04 90: do
straight S4 25@4 rs. do patent IS OOn5 35t |
Wheat firm, and options advanced Lo under |
light offerings; speculation tame and verylittle |
inquiry for export; sales, good ungraded in ele- |
vator for milling, SIC; choice ungraded on track,
92c; No. red, October, S39SS%c; No,
vember. SSA@S4c; December, s43zQS5Ilc; Janu-
airy, S534@S61zc. Corn firm but quiet sales. No.
8 high mixed in Twentieth street elevator
3lc; No. yellow on track, 42c; No mixed in
Twentieth street elevator. 4l15c; No 2yellow in
grain depot, 42c; choice on track, 421Sc; No, 2
mixed, October, 4O94Qlc;November. 4O@4O1Sc;
firm; sales, No. white, &c; do choice, &c; No.
2 white 2Sc; futures firm; No. 2 white October
November, 2Sl4G2S5sc; December
January, 2915@SOc. Provisions in fair
Jobbing demand and prices steady. Pork-Mess,
new, Sill 5O6l2 90; do prime mess, new. SlI IN.
do family, sl2 509l3 50. Hams, smoked, II%S
1916. Lard-Western steam, S6 So ButteT
steady but quiet; Pennsylvania creamery extra
24@25c; do prints do, 2S@3lc. Eggs gs-Pennsyl,
yania frsts. 2c. Cheese quiet; part skins,
7@9c.
ST. LoUIs-Flour quiet and unchanged.
Wheat-The market opened Lc better on Arm
and higher cables, but at once weakened off &c
on free selling, After auctuating slightly the
market closed 1sc above Saturday; No 2 red,
cash, 1870; December, SO5s@s11Sc, closing at
Sic asked; May. S45s@S5Zc closed at S5lIc
asked. Corn lower and dull; No 2mlxed. cash
2S5sc; December and January, 2Sc. closed at 2Sc
asked; May, SOASS09c, closed at SO1lc bid
Oats quiet and unchanged; No. 2 cash, IS1Sc;
asked Barley barely steady; Wisconsin, 6OG
Sc; Nebraska, SOC. Flaxseed higher at sl%
firm.
CIEoIENATI-Flour easier; family. a. 250
so; fancy. SS S5@4 TO- Wheat lower: No red
'O@Sl75c; receipts, 5000 bushels; shipments, 500
bushels. Corn easier; No. 2 mixed. 346S4Ixc
Oats easv: No. mixed. 2lLG22c Rrn S+aanIs. |