Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-01-16
MARKETS BY WIRE.
Active Buying Demoralizes the Wheat Pit
Corn and Oats Firm-A Drop
and a Rally In Pork
Lard Unsettled.

nervous. There was big buying and big selling
and between the two fluctuations were frequen
within a moderate range. The market wa.
again largely local The opening was strong
and prices 3S@1Sc higher, and, with Sigh
fluctuations, advanced lc more. This was due
to good buying, largely covering of shorts
though there was some wheat taken by parte.
| for an advance in expectation of a reaction
| after the recent large decline. But the specu
lative offerings increased, and prices settled
back l5sc below the top prices reached early ir
the morning, influenced some by a reported
failure in the grain trade at Antwerp. But
| active buying again set in, purchases being
| credited to large floor traders. and prices re
covered lS4c, the market closing lLsc higher
than yesterday.
Corn was quiet, but firm The market opened
at about yesterdays closing prices, advanced
sc, ruled steady, and closed &c higher than
yesterday.
Oats were quiet and steady, and price changes
were confined to Hc.
Mess pork was active and unsettled Open.
ing sales were made at 2Oc decline on yester-
days closing figures and was followed with a
further reduction OF l215@l5c. Later the mar
ket developed considerable strength, and prices
rallied 2g2211ac and closed steady at outside
prices.
Lard moderately active and unsettled. Open
ing sSlOs NoIt iildUe Sr2kLOC7 Q6Clle ana a
further reduction of 59715c was submitted to
later in the day. At decline the demand I'M
proved and prices gradually rallied 7H@l0c
and the market closed comparatively steady.
Short ribs were rather more active. Opening
sales were made at l0@1215c decline, and fur
ter part of the session the feeling was stronger
and prices improved l0Gl215c and closed rather
steady.
The leading futures ranged as follows:
96ss@961 $685. @sG15c; May, 81 OOGi 0l@9ssSc@
81 OO91Ss; July, G9233sG9l5s@9214c.
Cor CoRNaNe January, $s5 @$ss4 @ 4@S85S $3.50;
0ATs-No. January, 2i119c: May. 271@218@
Mss PORK, per bbl.-January. sl2 671S@
Il 7714@l2 6713Gl2 771t; March, si2 956l2 956
Y 7Sgl2 S71a; May SlS O5@lS l21a@l2 9O@
LARD per 100 bs-January, Sc g71l@7 o5@
95@7 O5; March, 81 O5@7 i21aa7 OOG7 I21%;
May, 81 22119@7 25@7 1907 Is.
SHORT RIBS. per 100 Bs.-January S6 700
7219@6 7OG6 7213; March. S. 70@6 771a@6 7O@
~; May, S6 SOd6 S713D6 1906 S715.
nominally unchanged No spring wheat. 95I
@s52sc; No. spring wheat. S6@SSc; No. red,
95ls d955sc. No. 2 corn. 3SS2lc No oats, 24sSs
@A13c. No. rye, 47c. No. barley nominal.
No faIseed, 81 Ga. Prime timothy seed, 81 Sc
va ". VutoS pOIh, per DdTTel. lOQLlZ gu.
Lard per 100 lbs. 81 o. Short ribs sides Goose),
s. 20. Dry salted shoulders (boxed), S6 $50
6 S71a. Short clear sides (boxed), 81 121507 25.
Sugars - Cutloaf, L4@S19c; granulated, TIC;
standard "a, &c. Receipts-Flour. u 900 bar
rels; wheat $4,000 bushels; corn, 126,O0O bushels;
oats. liz 600 bushels; rye, 1900 bushels; barley,
81, ,WW bushels. Shipments-Flour, 5000 barrels;
wheat, 1900 bushels; corn, l25 600 bushels: oats
10000 bushels; rye. 1000 bushels barley, $1,000
bushels.
On the Produce Exchange to-day the butter
market was dull and neglected; fancy creamery
25@26c; choice to fine 20622c; fine dairies, l66
l5@l6c.
New YoRK-Flour - Receipts 2l, ,739 pack
ages, 1882 barrels, 26332 sacks: market mod
erately active, IRREGULAR and heavy; sales 1890
barrels. Cornmeal dull. Wheat-Receipts,
5.o2i 600 bushels futures, $4,000 bushels spot:
spot market irregular; some demand for mill
ing; No; red, G@9714c. elevator; 96I@9S5Sc
atioat; 971ac@99Ac f. o. b.; No. 8 red, 9l1Sc;
No l red 81 o.; No. l white, 81 90: No.
Chicago, nominal; No. 1 hard. 81 2915;
options opened stronger on covering, declined
lsQlc, and closed steady at trife over yester-
day; trading moderately active; reported fail
ures at Antwerp; No. 2red, January closing at
March, 9S16@99Isc, closing at sS;5c; MAY 81 foi
al OF, closing at 81 011@; June, 81 OlGi OBJ,
closing at 81 0l1s; July. 9714@971!c. closing at
9114c; December, 96@961ac, closing at 961sc
Barley quiet: No. Canada, SS@S9c; No. 2 do,
s5@S6c Barley malt steady; Canada, 9Oc@
81 10 for old and new. Corn-Receipts 276.6 600
bushels; exports, 24S.S96 bushels; sales $50 900
bushels; futures. 2ll,0OO bushels spot; spot
market stronger and fairly active; No. 2 Az
9i415c in elevator. 4513946c ahoat; No.
white 45@45l4c; No. 3. 3S5s639c: ungraded
mixed. SS045c; steamer mixed, A@42Ac:
January 4414@441&c, closing at 4416c; Febru'
Try, 442sQ44c, closing at 4434c; March 45@451lc,
closing at 4514c: May, 45@454c. closing at 45Ic;
teamer ! mixed; February, 4i5S@i2c. Oats
ales, $4,000 bushels futures, $1,000 bushels
pot: spot market firmer and quiet; options
iull and 1s@llc higher; January, 3l@Sl1lc clos |
ng g at Sl4c; February, 3l3sc; May. 3255sc; spot
SSieago, Es s2Ie. Hay Ia aSiet S@4oc; and No Weak
Hops steady and quiet. Coffee-options |
opened steady and unchanged to points
sales. sc, 500 bags, including
January. 15.35@l5.45c; March, l5l56l5S soc: |
April, l5:25@l5;SOc; May, 15.10@l5.SOc: June, /
5.20@l5;S ;S5c; July, l525@I5 40c: August, l5.4O@ |
5.5Oc; September, l5.4O@ l555c; October, Is. 45c;
December, l5.60c. Spot Rio firm; fair cargoes,
q: &C. Sugar-Raw dull; fair refining 1860 |
&c; centrifqgals, 96 test, 55sc;. refined dull. |
aefonr See nrm sn and quiet Eggs dull and weaker
over and dull; old mess. $l3 75@l4 90; new
ness, Sl4 00@l4 25. Cutmeats steady Lard |
over, closed steady: speculation more active:
ry s. q closing at s 46 bid: Februsry. ar, s. 4
losing at s. As bid; March, 81 4567 AZ. closing
I 81 AZ bid; April, 81 1907 So closing at 81 50: |
lay. 81 5O@7 81, closing at 81 81. Butter quiet
nd easy: western dairy, l4@2Oc; do creamery,
1GQ26c; Elgin, 27@2sc. Cheese stronger and
d better demand; western, ll@1115c.
ST. LoUIs-F1our quiet and steady. Wheat
ash steadier: options unsettled and irregular
uctuatlng within a small range. The dull and
~ oTa.1T Tr,or T,,O
fset by the large flour exports from New
ork and generally better markets at all
oints. The close was sellers of May &c above
esterday and July &c better; No. 2 red cash,
iG9iIc: February, 94c, closing at 941%c nomi-
al: May. 96za@971sc. closing at 971S@975Sc
sked: June. 9414c, closing at 9llc bid; July.
'1s@S6GS61ac, closing at $3.50: Corn stronger
nd 5faefSR higher but trading SMALL No2
Iarch, 3e54@3lc, closing at 305s@3lc asked;
lay. S215@32s4c, closing at 325lc Oats firm:
@ - cash: 2S1{e bid; May, 275S@2734c. closing
oing Observation-Disclosures business at lower
rices. Pork, Sl3 so. Lard lower; prime steam,
IS. nominal. Dry salt meats-Boxed shoul-
ers, So so: longs and ribs, 81 90; short clear.
So Bacon quiet and easy; longs, 81 rs: clear
bs, 81 50; short clear, 81 50. Hams unchanged.
PHLADELPHIA-Flourv very dull and prices
eak. Wheat quiet, and, after trifing fuctu-
ions, left off steady; No. 2 red. January, g3L
934c; February, 9S34@94c; March, 9515@56c;
~ O'1400fI4Cs MAY, 5o1SU55C. corn quiet | 4
Id steady; supplies fairly liberal but most of |
e stock here is controlled by shippers and
1t offered for sale; speculation quiet; No. 2
liked, in export elevator, S69%c: No. mixed. |
| track. 3S13c; steamer No. 2 yellow in grain
'pot, 40c; old No. high mixed. in grain depot.
G: new No. yellow, do, 4Sc; No. mixed. do
&c; No. 2, in export elevator. 4l1zc; No. Q |
ixed, January, 414@4l1zc; February, 4l5s@
&c; March, 421s@42ssc: April, 423l(l4SL5c:
ay. 431%G044c Oats-Demard moderate: No. |
mixed, Boo. No. 8 white, 32114c; No. 2 white. in !
evator, SAC; futures quiet but steady: No. 2
lite, January, 33s4@341sc; February. S4IIG
'3c; March, 341s93454c; April, 3434@S5c; May,
zG3515c.
- Western No. winter
d, spot and January, 9214c; March, 941Sl9isIc;
oril, $3.50. Corn-Western steady; mixed
OF. and January, 4l@4l1sc Oats dull and
lady; western, white. 32@3Sc; do mixed, 296 !
:; graded, No. white. 33c. Rye inactive :
[ nominally steady at $4,000 Hay steady;
lme to choice timothy, Sl7 o0Gl7 So Pro- '
ions dull and lower. Mess pork, SIS co. ,
steady. Wheat quiet:
}. red, 9Sc1Sl OF. Receipts none; shin, S
,nts, 800 bushels Corn in fair demand and {
ner; No. 2 mixed, 351!@3554c Oats steady; J
}. mixed, 2S19c, Rye dull; No. 2, 55c I
rk dull at Sl3 60 Lard quiet at 81 90.
Tx meats and bacon quiet. Butter easy. +
gar dull and weak. Cheese firm.
unsteady. Wheat firm: )