Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-26
MARKETS BY WIRE.
End of n Dull Week in the Wheat PIT
August as Weak as Distant Futures
Corn and Oats Lower-Hog Prod
ucfs RulIv nud Closa Firm

| august as weak Distant Futures
Corn and Oats Lower-Hog Prod
nets Rally md Close Firm.
| CHICAGo-There was a tame closing to as
| dull and embarrassing a week in the wheat
market as has been witnessed since the new
crop began to move. Fluctuations In specula-
tive values were narrow in the extreme, as news
was SO scarce that there were no disturbing In
| fuences. Local operators were again more
inclined to even up their trades than to put out
| fresh lines, both sides being quite willing,
artbwest The msar fusnre fSeaoP9ens nf the market
| will undoubtedly hinge on the character OF
movement of the new spring crop out OF hrst
hands.
The bears are counting with great assurance
on general let down in markets as soon as the
weight of Northwestern wheat is felt. August
wheat was fully as weak as the more distant
| futures. Speculative trading was almost en-
t1rely local and largely IN December, which
| hrmed up s@Hc, then broke Mc, and closed
practically at bottom, or at 77@771sc, which was
&c below yesterdays closing prices.
Corn was fairly active and weaker, lower
| prices being established, and the feeling was
but continuation of that developed several
| days ago, the weakening in reports regarding
the growing crop as also the large receipts
| Trading was quite active at times, and there
was considerable doing in way of changing
| selling September and buying October. Gables
were dull and reported limited demand. and
domestic markets showed declines of 4@Hc.
! The days arrivals were about as anticipated,
considering the receipts by canal and estimates
for Monday are placed at ], 400 cars. This spec
| ulatlve market opened at about yesterdays
closing prices, was steady for a time, but soon
declined &c, rallied 1s@14c, became inactive.
| closing Z@5sc lower than yesterday.
Oats were fairly active but unsettled. Shorts
| bought August and September and gave them
good support that prices only receded 1s@A.
| The more deferred deliveries were offered with
increased freedom and developed pronounced
weakness, prices declined ss95A, and the market
closed quiet at about inside figures
n nrlar OF fixyolry firm faaI
vailed in market for hog products, and the
changes in prices were slightly toward the
close advanced somewhat and closed
trm. Speculative offerings were tight and the
demand from all sources was limited. The
receipts of hogs were moderate with sales at
decline, and the reports from domestic and
foreign markets favored buyers.
The receipts of hogs were moderate and
shipments of all kinds quite heavy for the
closing day of the week. The trading was
mainly on local account. Short ribs are 6@7]kc
higher.
The leading futures ranged as follows:
WHEAT-No: z August. 765s@77@7674@ 4@7G4c;
SSsc Ray RsssRSer TN
September, SiGS43S@ @3S56@SSIc; December,'
s8s9@8aA @s896@ 6@S831e; May, S5l@S5I@s55<G
GArs-No. 2 August. 2Ox@2o1Sa2O@2oc;sep-
tember. 2O1s@2O1S S@ls74 4@l9s4c: December 2Ojk
2O2.f@2O1f@zO1sc; May; 3]9@2M@226c:
65gs 5OQ9 90: October, SO 5OG9 6OSS i71s@S s.:
year. sS SOGS s5@S sol January, 50 l211lGS l6@
LARD, per 100 hs.-sepsember. IS sO@5 s2,s
8 9O95 S2: October, IS S21kQ5 95@5 9OQ5 921I;
year, s. 7216@5 7595 7219@5 ~.
SHORT RIBS. per 100 bs.-September. 81 7215
5sal 81; Januafy. 4 ssslSs ss5SS4 szSS S7S S
Cash quotarlons were as follows: Flour
quiet and steady. No; 2 spring wheat 761ac;
red, 7611c No. 2 corn. 3334c. No 2 oats zoe.
No. rye; 4274c.. No. 2 barley. 6415Sc. No.
axseed 81 ~ Pr Prime as timothy til seed 8 4o@l 50
IS 92G5 IS. Short RIB sides (loose), 81 z5Q14 80.
Dry salted shoulders (boxed), 81 6216Q4 rs.
Short clear sides tboxed), IS l215@5 25 Sugars
A. SIC. Receipts-Flour. 5000 barrels; wheat,
10000 bushels; corn, $4,000 bushels; oats,
2%iS0OO 1900 bushels; rye. 1900 bushels; barley,
5000 bushels. Shipments-Flour 1900 bar
rels; wheat, 1900 bushels; corn. $50 0O6 BUSH
els; oats. l7s,0OO bushels; rye, 1000 bushels;
barley, 5000 bushels.
On the Produce Exchange to-day the butter
market was steady: creamery, 1l@l9c: dairy,
Gl5c. Eggs shade easier; fresh, l4@141Sc.
NEW YoRK-Flour moderately active and
heavy. Wheat-Spot easier and dull; options
dull, Hc lower and weak. Barley malt dull
Corn-Spot steady and dull; options active, "A
@ssc lower and heavy. Oats-Spot dull and
weaker; options steady. Hay firm. Coffee
sales 2l,5OO bags. including August l5.O5c;
September, 1495@I5.OOc: October, I5 lOc; No,
veInber, l5l0c; December Is l5c: January |
10. 5.l5c; March, l5lO @l5:2Oc; May, l5l5@ld25c;
Raw unsettled and nominal fair refining, &c: |
centrifugals So test, 634c; refined firm and in |
fair demand. Molasses-Foreign nominal; New |
Orleans quiet. Rice in fair demand and steady; |
domestic, 4@614c. Cottonseed oil quiet: vel |
low, 4lQ47c as to quality. Tallow strong;4 lll6c.
Rosin steady and quiet; strained common to |
good, 81 O2Ql O5. Turpentine quiet at 44l145c. |
Eggs about steady and quiet: western, 5@lSc; |
receipts. 2145 packages. Pork quiet; mess in |
spected, Sl1 OOQll so: mess uninspected $40 70; |
extra prime, SO 0O@l0 SO. Cutmeats dull; |
picked shoulders. Sc; picked hams, lO3I6lllc. |
Middles easy; short clear, IS 6215. Lard barely |
steady; quiet: western steam So 35@6 81; Septem- /
closing at S6 80 asked; November. Sc Is: De-
cember, Sc IL; January, Sc IL. Butter-Steady |
on choice, others easy; western dairy, 9G0l21ac; |
G9 beese Sc nS re 40 factory l99l4e
PHILADELPHIA-Flour- light and |
the general market ruled in buyers favor.
W neat weak and prices of all deliveries of No.
2 red declined E@11c, high grades firm, light |
offerings; No. 8 red, in export elevator. 75IIc;
steamer No 2 red, in export elevator Sole; |
No. 2 red, in export elevator s219@S3c: No. cred.
Der. S21l@SSc; November. SSI@S4c. Corn
options quiet and lower; carlots quiet but firm;
No: mixed, in Twentieth street elevator,
1870; No. high mixed, in Twentieth street
elevator, 44c; No. mixed, August. 42@42Lc;
September. 42@4215c; October, 423z@431zc; No
vember, 4314@44c. Oats-Carlots dull; No. 3
InlAeus NtC, 4NO. Wulte, ZO13GlZbc. o. white,
29Q2916c; futures dull and weak: No. white
August, 2S14Q29c; September. 2S1S629c; Octo-
Der, 29@2919c; November, 291s6I3Oc Eggs
steady; Pennsylvania frsts, 19c
ST. LoUIS-Flour quiet but steady. Wheat
cash lower; options dull, with a weak, heavy
undertone and a sagging tendency; the close
was weak and A@5sc below yesterday: No. 2
red cash, 7Sssc asked; August 74ISc asked;
September, 741s@7414c bid; December, 76ISc;
May, S013@SO5sc. Corn lower; No. 3 mixed.
cash, 3lMc; August closed 3l55c asked: Sep
tember. 3lH@32c; October, 81 asked; Decem-
ber, 3O1sc. year, 30lsc, asked; May, 323I. Oats
lower and dull: No. cash. lSc: September
lS4lS15c; May, Z27z@231sc; August nominal. ISc;
October. lS15c bid. Rye dull; No. hard. 4S15c.
again higher; sales, l2S. Provisions
dull and dropping.
CINCINNATI-Flour dull. Wheat dull: No.
, red, 7313c; receipts 1900 bushels; shipments.
600 bushels. Corn dull and lower: No. 3
mixed, 361Sc. Oats in fair demand ana steady:
No. mixed, 20@O15c. Rye dull; No. 3 Ale.
Pork steady at $40 so. Lard quiet at IS so.
Bulk meats neglected. short ribs. IS lO65 Is
Bacon steady: short clear, s6 371$ Butter easy
Sugar firm. Eggs steady at i5c. Cheese in
falr demand.
MILwAUKEE-Flour unchanged. Wheat
easy; cash 74ssc; September, 745Sc. Corn
easier; No. 8, 3411c. Oats dull; Nos2 white,
,318@24c. Rye quiet: No. /. PIKE Barley
over: No. 2 September, 59Q5y1Sc. Provis-
ons firm. Pork. cash. So 6216; September,
% 621Sc. Lard, cash, IS 95; September. IS 95.
haa oh |