Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-10-04
MARKETS BY WIRE.
Early Cables Inspire Confidence in the
Wheat PIT, But Improvement
Falls to Hold-Leading
Futures Sell of at


the session it was an extremely narrow one.
Early cables reported foreign markets as firm
and tending up, which for time infused lit
tie bullishness into the deal here. Prices near
ly worked up Il @5sc. in fact above yesterdays
closlngs, December touching S22sc. But the
Improvements did not hold, and toward the
close the market was sustained only by muscu-
lar force. There was very little news afoat Of
a character to affect wheat values.
Commission houses with Northwestern con-
nections, sold some May wheat here but for
the most part business was of light, local
character, there being generally conservative
feeling and leaning toward the bear side. In
side prices of the day were touched during the
last l5 minutes of the session. December sold
off to Sl1sc. The latest quotations were N@1ac
under those of yesterday for the leadirg fu-
lures.
A fair degree of activity was manifested in
the corn market and the feeling developed
was easier and steady. There were no new
features of consequence developed, and infiu-
ences on the market were mainly of local
character. There was rumor of cut OF &c
by one of the Western roads, and this may have
had a tendency to increase offerings. The mar
ket opened at about yesterdays closing prices.
was easy and sold off under free offerings A@
sc, rallied Ls@1zc. ruled easier and closed 1s9
&c lower than yesterday.
In oats there was a moderate business in
May, but in other deliveries very little trans
pired. The feeling early was firm but later
became weak and prices receded Slightly. Inc
market closed quiet
Trading in pork was only moderate, and
chiefly in November and January contracts.
October was quiet with few sales at irregu-
lar prices. Other deliveries were 5G171%c lower
early, but rallied again 216@5c, and closed COM
paratively steady.
The lard market was quiet and rather dull
early, with light trading at 215c decline Later
the feeling was steadier and the decline was
recovered
Short ribs were dull and little business was
transacted.
The leading futures ranged as follows.
WHEAT = No. 2 December s21s@S2X@slK
@S2c; year, SO74@Sl@S0S@SO9sc; May, S514@S53s
size: December, Sl15@3l1zc; May. 333z@3Ss4@
335S@335sc.
0ATssNo. 2. November, 1s16@1s1kc; Decem-
beE I95s&ls24c; May 22A@22AQ225sg223aS,
So 221a@s 2715@9 I71609 221S.
LARD, per 100 bs.-November, IS S5Q5 Sk;
year s. Sog5 SOS so@5 IS; January, s. S5@
SHORT RIBS. per 100 bs.-November, 81 s71f
g ga SSS4 g SS714@4 IS; December, 81 721S; January,
Casn quotarlons were as follows. Flour
firm and unchanged. No. spring wheat, so
SSGsS; Ga aSsos5, SS spring wheat 6s9Psse; No
ley, CSC; 50: 1 fa1seed. 81 r. Prime me- timothy
seed, 81 2211S. Mess pork, per bbl. $40 500
10 IS. Lard. per 100 pounds. Sc l21S. Short RIBS
sides qoosel, s. 00@5 10 Dry salted shoulders
SSOxed}. S 25SS s71s. 2 sugars sugars Gut Gut loaf loaf,
ceipts : Flour. 1000 barrels; wheat, g.
SS Bushs 0Gy1 Gye oS bashss OATS Barley
10000 bushels. Shipments Flour, 10000
barrels; wheat, $1,000 bushels: corn 5S4,O 600
bushels; oats. nsOCO bushels; rye, 1000 bushels;
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 17@l715c
NEW YoRK-Flour moderately active. Corn
meal active; yellow Western, 81 45@270.
Wheat-spot easier and dull; exporters quiet;
options opened easy, and afterwaru advanced
5000, then declined 19@5sc, closing weak and
Ls15sc lower than yesterday. Rye oull Barley
quiet Barley malt dull. Corn-Spot fairly
and steady oatsMspos ' firm and S moderate crate
business: options neglected. Hay firm and
quiet Hops weak and quiet. Coffee-Options
opened barely steady at s to 10 points decline,
closing steadier and very dull; sales 25 $50 bags
including October, 1670DI5.75c: November. 1850
@l5.I5c: December, l5.65@15 75c; January, l565c;
February Is 6Oc: March, l5,65@l5 75c;
steady and quiet: fair cargoes, 1870.
Sugar-Raw quiet and steady; refined un-
changed with moderate demand. Molasses-
Foreign nominal: New Orleans quiet. Rice
SlQ32 Tallow higher and strong; sales of city
at 9-16Q45sc. closing at45sc bid. Rosin steady
Eggs-Fancy steady; western, 2315@24c; re-
ceipts, 5,535 packages. Pork inactive and un-
settled; mess, So 50. Cutmeats firm: sales of
picked bellies. II pounds, &c: picked shoul-
ders, sssG419c; picked hams, 95zQl014c. Mid.
dies steady; short clear, S. rs. Lard lower;
closed steady and quiet; western steam, Sc 81;
sales OF October at S6 50 November, S6 80
asked; December, Sc 1906 25, closing at Sc 25
bid: January, S. 26; February, Sc 81; March.
Sc 3l@6 S5, closing at S6 35 Butter quiet and
steady; western dairy; 9@l4c; do creamery, l29
2o19c; do held, 12@2Oc; do factory, 715dl3c
Cheese quiet and steady; western, S@915c.
PHILADELPHIA Flour firm. Wheat opened
hrm, and prices of options advanced L(l15c
under strong reports from the West, and
closed steady at best rates of the day; car lots
of high grades wanted by millers but business
checked by meager offerings and extreme views
of holders: No white October, S21I@S23Lc; No
yember SS]4@S31Sc; December, So GS45Sc;
January, s5150S5c- Rye steady at SEC for No.
Pennsylvania Corn-Little or no speculative
trading; option prices largely nominal; car lots
in fair demand and H@15c higher: No. low
mixed: in grain depot 3l13c; No. 2 mixed, in
depot, 4011c; No. 2 high mixed, in Twentieth
street elevator. Ale; No. mixed, October, 40
@401zc: November: 4094O14c; December $500
shade stronger; No. white 251Sc; No. white
263zc; futures quiet but firm; No. white. Oc. |
tober, 2619@2Szc; November, 271$@8c; De.
eemoep, e ZsS4gzsc; January. y 2sg2sHc- Eggs
unchanged.
ST. LoUIs-F1our quiet and easy. but nm.
changed. Wheat lower: firm cables and better
outside markets early caused an advance of Y |
csc; liberal receipts and weakening outside |
however, caused a relapse and the |
close was weak and ss@1Sc below yesterday:
No. 2 red, cash, 7Slzc asked; October. 7ssIc' |
closed at 7Sl4c nominal; December, SO6SOs5c' |
closed at soc; May, s4ss@S51Sc, closed at s4ssG |
S415c asked, Corn weaker; No 2 mixed, cash. |
29ssc; October. 1880, closed at 293sc bid; Nav
3074c. Oats easier; No. cash, 1S14Glsszc; Nav.
225s@2234c bid; October, 1870 bid. Rye-NO. 2 |
hard, 39c bid. Barley in fair demand: Mime,
sofa, 5Sc; Nebraska, 45c; Wisconsin, IT, Flax |
seed steady atSl 25 Provisions dull and weak. |
MILWAUKEE - Flour unchanged Wheat
steady: cash, 7315c; December, 76c; No North |
ern, ,-S2c Corn steady: No. 8. 32c. Oats STEADY: |
No. white, 2255c. Rye frmer; No. l, 44c
Barley quiet; No. 2, October, 55@55%c. Pro.
visions firm. Pork. $40 20. Lard, IS 95 Cheese
s1eadv; cheddars, 9G9%c.
BALTIMORE steady and Quiet.
Butter in good demand and firm; western
packed. 150lSc; creamery, 23625c Eggs firm
and quiet; western. 22c. Coffee firm and quiet:
Rio, cargoes, fair 1870.
ToLEDo-Cloverseed steady and active; cash
and October, So 80; November. So 95; Decem.
Oer, 81 90.