Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-02-16
MARKETS BY WIRE.
Wheat Firmer and Higher on Reports Of
sleet and Rnin-Corn Qutet-0ats
Move Up-Hog Products


sleet and Rain-Corn Quiet-0ats
Move Up-Hog Products
Make spurt.
CHTcAGo-There was only light trading
to-day in the wheat market and 1t
ruled quiet and at times dull. Outside orders
were few and local operators showed less in
clination to trade and were content with watch.
ing the market Outside news Was scarce.
The market opened 1<@asc higher. and ad-
vanced &c more for May, fuctuated for some
time within moderate range and then broke
Of Xc and closed firmer and Xc higher than
yesterday. Seaboard markets were firm, due,
it is claimed, to good inquiry for wheat from
interior miIlers. This. together with good
buying of July wheat here, based upon the re-
port of sleet storm in some sections of the
winter wheat belt and rain in others, with pre-
dictions of colder weather, started the price
for July to advance, and in turn reacted upon the
May future and induced some covering by the
shorts.
There was moderate speculative business
in corn to-day, trading being active at times.
Transactions were confined largely to the more
distant deliveries. the near futures receiving
but little attention, May in particular being in
good demand Offerings were somewhat lin
tied to-day. while very good inquiry existed
from shorts and other sources. One house is
credited with large purchases frming up the
market
Oats were active, stronger and higher. Trad
ing was chiefly IN May, offerings Of which were
rather small early in the session. Buyers were
more numerous, especially shorts, several large
operators who have been closely identlfed with
the market for a month past buying heavily.
Rather more interest was manifested in the
market for hog products, and the feeling was
stronger in a general way The receipts OF
hogs were quite liberal, but the fact that pack
ers were purchasing freely at full former prices
had tendency to check speculative offerings
and encourage little more buying by local
and outside operators. The receipts OF prod
ucts were small and the shipments were consid-
erably increased. Trading was mainly in con-
tracts for May delivery. Prices ruled higher
on all the leading articles and the advance was
moderately well supported to the close.
The leading futures ranged as follows:
WHEATzNo2 Tn ~ 22Fe6r1ary 81 e4ss; March S..t 81 w;
9i@94Ac
S46@s47zc: May, S5ss@S6@S5ssg July $3.50
0Ars-No. 2 February. .25Ic; March, $50
a1sG25AGsc; May, 2ss@2S4@27%@ZSci
July. &c.
Mess PORK, per bbl.-February, sll 221E@
II 2215; March, sll 2214@ll 20@1 2215; May,
sll 26&n 4o@li 2o@n S716: July, slf 800
LARD, per 100 Ss.-February, s6 oO@s 621S;
March, IS 5G6 621S@6 55@16 621SI: May, S6 6711
@S 1895 .6S@6 721f; July, Sc 723l@0 S21196 ~
SHORT RIBS per 100 ss,asFEeshTla,y is;sE S ssS s. 4
as O71l@6 UOg6 G5; July, S6 1896 20@6 1895 IN.
Cash quorarons were as follows: Flour
steady and unchanged. No.2 spring wheat,
81 0i9l 04ss; No. 9 spring wheat SSc@sl 90;
No red, 81 ea@l 9da No. corn; r. S4Sc bid.
nominal. No. i hazseed. 81 50, Prime timothy
seed, 81 A. Mess pork, per barrel Sll l215@
II Is. Lard. per 100 lbs. s6 80. Short ribs
sides Qoosel. IS S5@5 IS. Dry salted shoulders
S6 1896 Is. Receipts-Flour, 10000 barrels;
wheat Is 600 bushels: corn lS00 900 bushels: oats.
l0l QUO bushels; rye, 1900 bushels: barley, 5000
bushels. Shipments - Flour. 1000 barrels;
wheat 10000 bushels; corn. l30 900 bushels; oats,
1900 bushels; rye. 1000 bushels; barley, 2, 900
bushels.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs
steady at lShQl4c.
NEW YoRK-Flour firm and active. Wheat
Spot strong and dull: options l@lhc higher.
ley malt quiet. Corn-Spot fairly active and
stronger; options fairly active; early months
K@Ac lower; late months ss@5sc up, closing
firm. Oats-Spot quiet and trmer; options
quiet and stronger Hay firm. Hops firm
and quiet. Cotfee-options opened steady;
unchanged to l0poiats up; closed firm at Is
and 20 points above yesterday; quiet. firmer
cables; sales, 2.250 bags. including March.
Is. 90c; April. 1565@l5.S0c; May, 1850
l5.S5c: June, la75@l5sOc; July, lS9o3l5sS
August l6l0c; September. l605Gl620;
October. l61Oc: December, l6.l0@l6.25c: spot
Rio quiet and firm; fair cargoes, l71zc. sugar
Raw strong: refined steady and quiet. Mo-
lasses-Foreign quiet; New Orleans quiet.
Rice quiet Cottonseed oil quiet; crude, 4l15c;
yellow, 4Sc Tallow firm; sales. 100 hhds: city,
54@5 5-l6c. Rosin quiet and firm. Turpentine
steady at 473c. Eggs easy; western, lS54@l4c;
receipts, 1855 packages Pork firm and quiet.
Cutmeats easy; picked bellies, SIC. Lard
stronger; western steam, 81 To- CITY. IS 65; Feb
ruary, 81 O7 asked March, 81 OF asked; April,
81 W asked; May, 81 03G7 o., closing at 81 0S
asked; June, 81 o., closing at 81 09 asked: July,
g OF, closing at s. II asked; AugnstS u asked;
September, 81 IL Butter-Choice steady;
western dairy, I3a20c; DO creamery l69291Sc;
Elgins, Sl@S2c. Cheese quiet; western, l015@
llkc
ST. LoUIs-Flour quiet and steady. Wheat
higher; the market was quiet and uninterest-
was firm at Nc over yesterday; No. 2 red, cash,
9616c bid; May 9S1S@9S5sc closed at 9S150
9S5zc asked: July, S61Z@S65lc, closed at S615c
Corn lower; No. mixed. cash, 2Sc; March, 2S1z@
2S1kc, closed at 2S1<c asked; May, SOss@Slc,
closed at 305sc bid; June, 3lQ3l1zc, closed at
Sic asked Oats dull; No 2 cash, 24@2515c hid;
May, 275sc, but none to be had late under 2S1Ic.
Rye No. %, 4415@4511c. Barley - Some de-
mand for choice, but low grades about unSala-
BILE: No. / Canada, S2dS3c; No. 2 do, 77@7Sc;
choice Wisconsin, 65@70c; fancy do. 73dT5c:
low grades Iowa and Minnesota. 40@45c: me-
dium, 50G55c. Flaxseed quotable at 81 80
Provisions firmer and in better request. Pork,
Sl2. Lard-Prime steam Sc so bid. Dry salt
meats-Shoulders, S5 25: longs and ribs, S6 Is;
short clear Sc 35 Bacon-Boxed shoulders.
s6 BIZ; longs and ribs, s6 90G7 90: short clear,
81 12H.
CINCINNATI-Flour quiet Wheat quiet and
firm; No. red, 81 90: receipts, 200 bushels;
shipments. l.600 bushels. Corn dull: No.
mixed, 32933c. Oats quiet and steady; No. 2
mixed. 2734c, Rye quiet and easy; No. 2 SAC.
Pork dull at Sll 70 Lard in fair demand at
Sc So Bulkmeats and bacon quiet and un-
changed. Eggs dull. Cheese firm.
MILwAuKEE-Flour steady. Wheat dull;
cash, 9S1lc; May, 951zc. Corn steady; No. 8,
2gIc Oats steady; No. white, 27s4c Rye
neglected; No. !. 451zc. Barley weak; No. 2,
SIC. Provisions frmer. Pork. Sll 10. Lard,
S6 50. Cheese firms cheddars, l01ac.
BALTIMoRE-Provisions quiet and steady.
Butter--top grades firm; low grades steady; west
ern packed, l6@2Oc; best roll. l3@l7c; creamery,
22G29c. Eggs firm at l4@l411c. Corfee steady;
Rio fair at l73sGl715c.
PHILADELPH1A-Flou very quiet Wheat
dull but firm. Corn quiet but steady. Oats
Car lots dull but steady.
ToLEDo-Cloversced dull; cash, IS l7K