Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-07-27
MARKETS BY WIRE.
A Sharp Break in Wheat. the July opien
Leading the Downward Movement-
Large Receipts and Better
Weather Too Much

| Change. Trade was dull all forenoon, ano
fluctuations in futures beyond July were mar
row. This was owing largely to the fact tna'
the market was dominated by prominent
| operator who was persistent buyer at 's94c
for December. the object evidently being TO
hold the market at the put" price OF last
night The market rallied a little from the
early depression, and shortly after noon broke
sharply a full cent on larger estimated receipts
tor tomorrow and prospects of better weather
| and increased arrivals next week. A slump in
July over &c helped to depress the more de-
ferred futures. A large amount OF long wheat
| was unloaded, and the volume OF trade was
very heavy during the last half OF the session.
| A steadier and frmer feeling was developed
from inside figures.
| 4 moderate trade was reported in corn early
| in the session, after which the market ruled
| rather quiet The feeling early was rather
frmer. and trading was at slightly higher
| prices. Transactions were in the main local.
| and confined largely to near futures. The better
tinues good, and added strength to July and
| August AS the session advanced offerings be-
| came qzite liberal, and prices declined to the
inside price of the day, due considerably to
warm and clearing weather. The market opened
| at about the closing prices OF yesterday, was
| steady for a time, then advanced &c, reacted
| Nc, ruled steady and closed about the same as
| yesterday.
| without new features of any kind.
norR While MeS the demand was only + fair. air. The The
| feeling was unsettled accompanied with con-
| siderable irregularity IN prices. Early In the
day prices declined glOc, but this was quick
| ly recovered. Later weaker feeling was de-
| veloped, and prices receded 2OQ2215c. Near the
| close the market was steadier, and prices
| rallied Sake and closed quiet.
| Only fair trade was reported in the lard
| market. and the feeling was easy. Prices de-
clined 211@5c. and the market closed quiet at
| medium figures.
| Quite a good business was done in ribs. At
| the opening the feeling was easy, and sales were
| made at sake decline. With a good demand
from local shorts the reduction was gradually
| scale. Later the market weakened and prices
receded again and closed rather tame.
The leading futures ranged as follows:
August, 7s5gS7sza7sS7Sc; sePse@SeT.s ss1SSSs~S1S TX
| @7S14QT9sQ7719c; December, 7s5s@SO@79G
CoRs-No. 2 August. 3sa3ss60s5xas5zc;
@86c. N
ooATs-N,o. 2 August, 2lzzc; September. 2l1Sc;
MESS PoRR, per bbl-August, $40 S21z@lO s21<
Ql0 65@l0 20; September, $40 90Gl0 92154
10 70@lO 80; October, $40 6716Ql0 6711@lO $50
LARD, per 100 ns.-August, ss l21S; seprem-
Der, Sc 221z@e 221z@6 2OG6 20; October, IS 221<
SHORT RIBS. per 100 bs-August. IS 4211s;
ber, IS 1906 471k.
Cash quotatons were as follows: Flour quiet
and unchanged; No. spring wheat Slci No.
49, SS nS%insl Sn os. No gsd sic No 2eoTn sSzS
No. barley nominal. No. iaxseed, 81 S31&
Prime timothy seed. 81 1891 As. Mess pork. per
barrel $40 S5Slo So Lard per 100 pounds s. l5
Dry salted shoulders (boxed), IS 1214@5 25.
Short clear sides (boxedl, So 1896 s711. Sugars
unchanged. Receipts-FlOur II 900 barrels;
ruh Inns Shols. h1c hal
l75.000 bushels; rye, 10000 bushels; barley,
1000 bushels. Shipments-Flour, II, 600 barrels;
wheat, H. 600 bushels; corn, 257 900 bushels; oats
3 600 bushels; rye. q, 900 bushels; barley, nome
On the Produce Exchange to-day the butter
market was fairly active; fancy creamery 16
@l61zc; fine. l3h@l4c: finest dairies ll@l2c;
fair to good 9Ql0c. Eggs quiet at ll@ll11c.
NEW YoRK-Flour quiet; spring grades firm;
winters weak. Cornmeal steady. Wheat
Spot steady; demand moderate for export and
milling; options dull; July nc higher; other
ports favorable ana Western reports depress-
ing Rye quiet and easy. Barley nom-
inal and quiet. Corn-Spot fairly active and
August steady; September and October, IG1Ic
lower. Oats-Spot steady and quiet; options
quiet and firm. Hay In fair demand and
opened steady at 5@IO points up, ana Closed
barely steady at SOLO points up; cables steady
and quiet; sales, 1920 bags, including August,
l43Ogl4 4Oc; November. l430al4 35c; December,
IA. 259l4 4Oc; January. l43O@l43 35c; February,
l425@lL3Oci March, l4,25Ql4S0c; May, H25Q
Raw inactive and nominal; refined quiet and
steady. Molasses-Foreign quiet: New Orleans
dull. kice quiet and steady. Cottonseed oil
% Rosn eaef sTeps and s stesa a for
quiet and steady at S9s4@4015c. Eggs quiet and
easy; western, 13@lS12c; receipts. 35SS pack
ages Pork steady and quiet Cutmeats strong
picked hams n119llszc; picked shoulders,
51S@5lc; middles weak and dull. Lard easier
sRd Is 5qge spot wesae "a s. city
@6 81, closing at s. So; October. Sc 81, closing
at IS IS; November. Sc AZ Butter-Choice
steady; other grades weak: western dairy, log
l211c; creamery, llH@l7c; do factory, S@l21zc.
Cheese fairly active and easy; western. 815@
INC.
PHILADELPHIA-Flourr ruled firm for choice
winter fours. supplies of which were cleaned
up promptly on arrival; new winters scarce;
supplies of springs moderate. Wheat dull and
prices of cash No. 2 red declined lc under freer
offerings and light inquiry for export; futures
beyond this month ruled steady; steamer No.
red, in export elevator. SAC; No 4 red in do
S614c; No. 2 red. July, S61a@S63sc; August. S5N
S5ssc; do September, s414@843zc; August, S51SG
Soc. Corn ruled firm under light offerings; No.
2 high mixed. on track. 451zc; No. mixed j uly.
44@441zc; August, 4Sss@44c; September. 44@
4414c; October, 4411G4lzzc: Oats-Market for
8 white, S315@34c; No. white, short storage
in Twentieth street elevator, S4s4c; do on track,
35c; do in grain depot, 351ac; No. white CSC:
futures quiet but steady; No. white, july
2414@S4s4c; August, 3ls4Q42Hc; September, 3OT
@31Isc; October, 3l%@32c. Provisions steady
and IN fair demand. Lard-Western steam, 6%
@65zc Eggs steadv for choice goods; Pennsyi-
vania firsts, l4@l4Ic. Receipts-Flour, l.SOO
barrels; wheat, $500 bushels; corn Is 600 bush.
els; oats, $500 bushels. Shipments-Wheat,
l,5O0 bushels; corn, $500 bushels; oats, 1850
bushels.
ST. LoUIs-Flour weak and lower to sell, but
of futures opened 1@5sc lower cables coming
in weak and all markets reported easier. Fluc-
tuations were notviolent during the session,
and while trading was fair 1t was below the
average. Favorable advices later had no effect
and the markets closed with declines of lc for
December; No: red. cash, 76szG76zsc; July,
75A@761Sc closing at 1870 asked; August, 74js
075c. closing at 747s67413c asked; September
751s@7576c, closing at 751sc; December. 7s1<@
79c, closing at 7S1zc bid. Corn lower; No.
mixed, cash, SSss@s3kc; August, 32zsQssc
closing at SSc; December, 32QS21Sc, closing at
321sc asked; year, 3lssc, closing at 3l3lc bid.
Oats steady; No. 2 cash, &c bid; july. 23c:
August. 2l1sc; September. 2lssc bid; May, Csc
bid. Rye-No 2, 42c. Barley-The first car
new crop received this season sold for Soc; it
81 q
ate demand; No. red, 7g@S0c; receipts, 3.4cO
bushels; shipments $500 bushels. Corn
firm; No. mixed, 8Sc. Oats steady; No
mixed, 26@Nc. Rye quiet; No. 2, 47c Pork
weaker at sll 80. Lard quiet at IS 95 Bulk
meats easy; short rib IS 75 Bacon-Short
quiet at 1c loss off. Cheese firm.
E1orr otaadv Uhz.. Ia,