Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-26
MARKETS BY WIRE.
A Good Speculative Movement In Wheat
but Prices Not suslained-NOvem'
Der Pork LOwer-Lard Weak

I
The market early was Influenced by the Visl-
BILE supply. Operators educated at the start
on full 100000 bushels or over increase, and
this caused tree selling, but later postlngs
created the belief that possibly not over ha1
this quantity would be shown, and this again
helped to rally the market slightly, but eased
of again when the figures were posted, show
ing l7T2OOO bushels increase. The points
showing the largest increase were Chicago,
Baltimore, Buffalo. Milwaukee, Minneapolis,
afoat at New York and the lakes. The de-
creases were at Duluth, Kansas City, New
York, Philadelphia, Toledo and on the canal.
The principal feature of the market was the
reported falling of in farmers deliveries in the
Northwest Some operators calculated that,
with a crop of 100000 bushels in the two
Dakotas and Minnesota not more than lSOOO,-
600 to 20 OOO, 600 bushels of wheat deducting the
quantity required for seed, remain yet In
| farmers hands.
Corn was quiet and steady early, but later
| became fairly active and weak. The free
| movement and the cooler weather, together
with the decline in wheat, had weakening in
| fuence, and lower prices were established on
| the near futures, May ruling relatively steady.
| The market opened shade under the closing
prices of Saturday, was steady for time. then
| sold off under free offerings OF December ana
January K65Sc, there being some short cover
! ing on the decline ruled steady and closed 1sQ
| &c lower than Saturday
Goats were quiet and easy. There was no
! special desire on the part of operators to BUY
heavily but fair orders to sell, but at the same
time holders showed an indisposition to force
/ prices lower.
In mess pork fairly active trade was re-
| ported The feeling was easy, excepting Ior
! November delivery, and prices ruled 714qlOc
lower, with the bulk Of the trading in jan
uary.
little attention, and trading was unusually
light. Prices exhibited very little change.
In lard weak and unsettled feeling pre-
vailed, and prices ruled 27z65c lower. Trading
chiefly in November and January deliveries.
The leading futures ranged as follows
WHEAT-No. 2 December. 7S7s679ls@7Sss9
7S5Ec; January 7sH@7s6@79H97sS4c; May, SS23s
CoRN@No. 2. December Srk@Sl%9SO%@
9O7se; January, SO7s@S1@ @SO5s@SO5ssc; May, $500
0ATsSNo. 2 December, 2O1s@NA "a @O@2O1Sc;
January. 2O3s92O3s0OAG AG2O1lc; May. 21aQ22%
MESS Pork, per bbl-Year, 50 2O9s 90;
January 50 S5@s S71S@9 2599 2711SS; May, s. 72316
@9 7213@9 621&(79 6251k.
LARD, per loo bs-December. S. 9OQ5 9211@
S7E95 S75 yanaagy $ s25E@5 5s9 S296 S'7S9
SHORT RIBS. per 100 bs.-Year, 81 9O@4 go;
January, 81 Sf11@4 S27<@4 SO94 so; May, s. va
as O21&@5 O0@5 90.
and unchanged No. spring wheat $50
7s55sc: No. Sspring wheat 63@64c; No.2rediS1SQ
7S5sc. No2 corn. S211zc No. oats. 2O92O1zc. NJ
rye. 4454c. No, barley, 5Sc. No. ! naxseed.
per Dbl. 50 Is. Lard, per 100 lbs. S. 90.
Short ribs sides QoOsel S. 0O95 So Dry
salted shoulders (boxedl, 81 S71sl4 So Short
clear sides (boxed). IS 25Q5 371z. Sugars
RecsptsFoup Oc SarTe Wheat
los 900 bushels corn 243 900 bushels; oats l57 900
bushels; rye, 5000 bushels; barley 64,000 BUSH
els. Shipments-Flour, 33, 900 barrels; wheat,
5000 bushels; corn. 262 900 bushels; oats, 1O6,-
OOO bushels; rye, 1000 bushels; barley. 5000
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs, lSQ22c.
NEW YoRK-Flour dull and easy. Wheat
Spot dull and lower, closing easy; options fairly
ing chiefly local. Barley easy: western 50@
Csc; Canada, 59d73c. Barleymalt dull; Canada.
| 77hc. Corn-Spot active and firmer; options
moderately active. &c lower and weak. Oats
Spot quiet and weak; options quiet Hay
quiet and steady; shipping, 45950c; good to
choice, 70G85c Hops strong and more active.
Coffee-Options opened steady and unchanged
to points up; closed firm l0420 points up:
sales, u, $50 bags. including November, l5.S0@
l690c: December, l5759l565c; January. l6S09
i9S9; EebTgarS l8S5c; MsTG6 ~ l9S59lSo SoOc:
July. gfR,l' $50; SEPTEMBER: is7Sc; 6osC; 5So
Der, 15.e5@l565c; spot Rio quiet and
steady; fair cargoes, 1870; No. 2, 1TLc.
Sugar-Raw firm, fair demand; refined active
and firm. Molasses-New Orleans fairly active
Rice steady and in fair demand. Cottonseed
oil firm Tallow firm; city (s2 for pkgs), 9-l6c
Rosin steady; strained, common to good, 81 log
10. Tgrpentine quiet at 46@461c; Eggs
frmer; Western, 2514@26c; receipts, 1899 pack
ages. Pork strong and easier. Cut meats weak;
sales picked bellies, u pounds SIC; 10 pounds,
91zc. Middles steady. Lard declined II to a
points on selling out of stock carried from the
October deal; exporters quiet; western steam,
Sc 80: sales of 800 tierces spot Sc 3O66 S6: op-
tons, sales of $500 tierces November. S6 I7(3
s6 20 closing at Sc 20; December S6 2206 80,
closing at Sc q bid; January. So 2716 Is clos
ing at Sc 26 bid; February: s. 3l96 81. closing
bid; May, Sc A bid. Butter quiet; fresh firm;
Western dairy, 9@l7c; do. creamery, l3@25c;
do. held, l0qlSc; do. factory, 71z0l9 Cheese
unsettled and quiet; Western, 71SQl0c.
Observation-Disclosures was only a moderate
activity in the cash market at the start, and
the combined receipts for the two days. includ-
ing Sunday, had the usual depressing effect;
buyers held off, and the talk of heavy in
crease in the visible supply statement eneour-
aged them to expect lower prices: outside mar
kets did not change much before noon, and the
apathy of milers down a little; sales of No.
Northern ranged from 7634c delivered down to
75c on track; some export talk stimulated buy
ing by shippers some later; receipts were 74S
cars of wheat and 1S7 cars were shipped. Clos
ing quotations: No l hard November, TIC;
May, S31zc: on track, 7Sc; No. Northern, No
vember. 74sSc; December. 74sSc; May Sic; on
track, T554@76c; No. 2 Northern, November,
7lc; December, Tic; May, 7Sc; on track 7l@7Sc
ST. LoUIs-Flour quiet and dull. Wheat
dull, and weak cables and weak outside markets
caused decline of Nc early in the day: this
was recovered later and the close was slightly
below Saturday; No. red, cash, 77sSc; jan
uary, 7S7sc; May, S3GS314c closed at S3Iz6SSIIc.
Corn lower and weak: No. mixed. cash, 29s26
3Oc: November. .299y15c, closed at &c asked; De.
cember, z@2Sc, closed at 2754c: January 27J6c
2q5sc Oats weak; No. cash, l96I915c Nav.
221zc: January, 1910 bid. Rye steady; 42c asked
and 4Oc bid. Barley neglected FIaxseed frmer
at 81 26 Provisions dull.
CINCINNATI-Flour in light demand; family.
So OOG3 25: fancy, S3 70G03 go Wheat in good
demand and firm: No. red, 7Sc; receipts, 4, 100
bushels; shipments, 1000 bushels. Corn steady;
No. 2 mixed, 3Sc. Oats barely steady; No 9
mixed, 2215c. Rye firm and quiet at 46c Pork
quiet at $40. Lard firm at s. 9096 90. Bulk
meats quiet; short ribs, S. Is. Bacon firm.
MILwAUKEE-Flour fairly active. Wheat
easy; cash 721sc; May, TIC: No. l Northern,
Sic. Corn quiet; No. 3, 3O@301Sc. Oats quiet;
No. white 23c. Rye quiet; No. l, 45c. Barley
quiet; No. 2 in store, 471z@4715c. Provisions
easier. Pork So 70 Cheese steady; cheddars
9G915c
NEUTRALITY-SUSPICIOUS. steady. Butter firm:
creamery, 24@25c. Eggs firm; western, 25c |
Coffee steady; Rio fair, at 1916.
ToLEDo-Cloverseed dull and steady: cash
November and December, IS 65; February
So 70.
British Breadstu1fs.
~ m