Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-09-10
MARKETS BY WIRE.
Weakness SUN the RrIing Chnrnci eristic oil
The Wheat Pit-Large Visible supply
and Dropping Gables Too Much
for the Longs Leading


The Wheat Pit-Large Visible supply
and Dropping Gables Too Much
for the Longs - Leading
Futures Close Lower.
| CHICAGO - The market for wheat ruled
steady and narrow to-day There were no new
features and trading was light and of scalp
ing character. Opening figures were nc under
Saturdays closing range for the leading
futures, the early weakness resulting from the
larger receipts present and prospective, and
the dull, dropping cables. 1t was the impression
here early that the visible supply would increase
l,eOOOOO bushels, and this had depressing
effect Despite the bearish surroundings the
market did not break in a way TO cause any
uneasiness among holders.
Ihe demand was sufficiently active after the
opening to put the price back TO SATURDAYS
closing hgures in a very few minutes and from
that time until within half an hour of the close
December swung between NE and T34c,
touching both extremes several times Inc
quantity technically dropped out OF the visible
on account of Minneapolis owing to the failure
of some of the houses there to comply with the ne
new rules making them regular, is isEUVV
bushels. This made the visible supply snow
decrease of $4,000 bushels. During the last
half prices eased off, closing quotations being
at the bottom for September and Octooer ana
&c lower for the day. December and May
rallied a small fraction, and were only shade
below Saturdays close at the adjournment
A moderate and very good shipping business
was transacted in corn, the feellr< neing
steady. Fluctuations were confined within
narrow limits Reports regarding the growing
crops are generally of very favorable char-
acter. The market opened shade under the
closing of Saturday, was firm and gradually
advanced L@3sc. became quiet and steady,
closing shade better than Saturday.
Oats were traded in moderately and stead
ier feeling prevailed. There was no particular
n QlSnOsltlOn
but price changes were confined to narrow
range
with some irregularity in prices. October ad-
vanced and January declined.
Trading was light IN lard, and the feeling
was steady. Very little change in price.
Inquiry for short ribs was active and offer
ings fair: Prices on the whole range averaged
higher, but outside figures were not MAN.
tanned.
The leading futures ranged as follows:
WHEAT-No. October. 75A@761s@7S4@
15s4c: December, Tss@TA@77ss@775sc; year,
75s4@76G7 753s s@755sc: May sl5z@SI54c,
@s8s9e; November, 8s1S@SS1lc; December.
oGTsNSo. 2. October. 1s1s@1s,z@1s1x@lghc:
MESS PORK, per bbl.SOctober, SlI 405lI $50
8 c5ss sSIt o5S$ as $500 SseF co. Tugs TN January
LARD, per 100 Ds.-October, IS 95@5 $50
q s0@5 e@ 90; December S. 721s@5 721S; January.
SHORT Rms. per 100 ns-october. 81 s5@
4 S5@4 S514 IS: January, 81 571534 50.
Cash quotarlons were as follows: Flour steady
and unchanged. No. spring wheat. 7524c: No
Sspring wheat, 64G66c; No. red, 1910. No. 2
corn; $3.50. No. oats, l9@l91sc No 2rye. l5$c
DO; BOZ barley. nominal, No. / haxseed: 81 2sA
per bbl. sll 5Oan So Lard. per 100 pounds,
Sc OO@6 021&. Short RIB sides uoose), IS 65@5 10;
dry salted shoulders (boxed), 81 5O@4 6215:
short clear sides Cboxedl, IS S7K@5 50.
Recommendations 2 harr w
bushels; corn. 36S 600 bushels; oats, 167, 900
bushels;rye 1000 bushels; barley, 42 900 bushels.
shipments-Flour, 10000 barrels; wheat. 81
goo bushels: corn, 10000 bushels: oats: 10000
bushels; rye 1000 bushels; barley. 10000 bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, l511c.
NEW YoRK-Flour dull wheat-Spot dull;
limited demand for storing; options dull, ir-
steady; moderate selling by foreigners. Rye
dull; western, 4915ekc. Barley dull; Canada,
709T5c asked. Corn-Spot steady and fairly
quiet and steady; options s dull and steady. Hay
easy. Hops weak. Coffee-optons opened
steady and l5325 points up: closed barely
at PSrtS sales bags nsTd
November, l60O1l6.l5c; December, 1850
l6l5c: May l6059l62 20;- spot Rio
strong; fair cargoes, l975c. Sugar-kaw
Molasses-F oreign nominal: New Orleans dull
Rice fair; demand steady. Cottonseed oil dull.
Tallow steady. Turpentine quiet. Eggs quiet;
I western, LglS3zc: receipts: GoCS packages.
inspected, sl2 50@lS Cutmeats strong; picked
bellies, 654bTc; do short ribs 415c. Lard
easier and dull; sales, western steam. S6 400
ber. Sc 80; November, Sc 14@6 l5, closing at
So IA: December, Sc II closing at S6 IL asked;
January So 1895 la closing at So Il Butter
Extra in fair demand and arm; western dairy,
s@l215c; do creamery, ll@l913c. Cheese-Light
supply and stronger; western, G4@734c.
ST. LoUIs-Flour easy but quotably IN
changed. Wkeat-Cash higher; options lower;
larger receipts than were looked for; dull
cables and favorable weather in this country
and England weakened the market early in
the day and the close was 1s@ssc below Satnr-
.1EaS. day; No red. cash, 75ss@75<c; September,
December; 7634@77c, closed 1870 bid; MAY.
Sl@Sl1 1sGsl13c, closed size. Corn easy; No. 2
mixed cash, 2s5Ec; October, 2s4@@SO1Se, |
3O@SO1Se bid; May. 32@S21Sc, closed S2Isc bid.
Oats dull; No. cash. 1880; MAY, 22Is@22sSc:
September; lS3kc bid; October, lsc. Rre. 3S5Sc'
Barley dull. Flaxseed better at 81 "a Pro |
visions quiet. Pork entirely nominal; no sales |
end no price named.
CINcINNATI-Flour in moderate demand; |
family, So 1908 80; fancy So 6593 IS. Wheat |
in fair demand; No. red, 7611c; receipts, |
mixed, S5c. Oats quiet; No. 2 mixed, 2I1S@2lT' |
Rye strong; No. 2, 45c. Pork firm at S1I Az. /
Lard quiet at S6 90. Bulkmeats firm; short |
ribs, S. Is. Bacon steady; short clear, s6 25. |
Butter strong; fancy creamery. 2l@22c; choice |
dairy, 1l@l2c. Linseed oil steady at 570 |
Sc. Sugar steady; hard refined, S@9Lc:
New Orleans: 7@Sc. Eggs steady at lac. |
Cheese quiet but firm; prime to choice Ohio |
fat. S0S14c.
MILwAUKEE-Flour dull. Wheat steady: |
cash, 7S1Sc; October, 73c Corn quiet; No g. 33J5c.
Oats dull: No. 2 white, 22@22Hc. Rye quiet;
Barley easy. Provisions firm. Pork-Casb' |
sll IS; October, SlI So. Lard-Cash, S6 90: Oc, |
tober, IS 95. Cheese steady: cheddars. s1S6sslc.
ToLEDo-Cloverseed steady: cash and Sep /
tember, 81 so.