Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-14
MARKETS BY WIRE.
Whent Downed by the scalping Crowd, but
Rallies and Receivers Lost Ground
Higher Prices Established In
Corn and Oats Hog
Products Active.


'CHIcAGo-Early influences were depress
ing in the wheat market to-day, and
opening figures for futures were Nc under yes
terday's closing. The inspection sheet showed
Sc cars OF wheat more than estimated, and ar
rivals of spring are enlarging. Early cables
were dull with prices reported as tending down
for American wheat, and the scalping crowd
here started in evidently with the intention OF
raiding the market. In this they were not sue
cessful, as prices only receded small fractlon
below the opening quotations. when stronger
tone was developed, and under promiscuous
and general, though scattering buying the
market turned mp and the lost ground was fully
recovered. During the last half of the session
fluctuations were inconsequential, and closing
figures were within &c of yesterdays latest
bids for December.
Corn was fairly active and firmer, higher
prices being established. The advance was due
largely to the operations of prominent local
operator, whose purchases of September and
May, especially the former, put prices up,
offerings beng only moderate. Reports OF wet
weather, the active cash demand and covering
by local shorts also created firm feeling The
market opened at about the closing OF yester-
day, was. firm and gradually advanced Sc,
eased of 1s@1zc, ruled firm and closed HQHc
higher than yesterday.
A decidedly better feeling developed in oats
and higher range of prices was recorded, the
tanned until the close. The improvement was
due to smaller arrivals than expected estimates
of lighter run tomorrow and also to wet
weather.
Quite a business was done in pork. and the
feeling was unsettled with prices irregular.
Early sales were made at 6Q71ac advance, but q
weaker feeling developed and prices receded
H<@S0c- Near the close prices rallied 21fQ5c,
and the market closed easy.
Trading was quite active in the lard market,
and prices ruled somewhat irregular. Early
under the impression that an Eastern syndicate
controlled the product, and prices were well
maintained temporarily with fair buying by
shorts. Later the offerings were ENLARGED
somewhat and the feeling was easier, and prices
receded 5G715c. Near the close the market
was steady and prices rallied slightly.
A brisk business was transacted in short ribs.
of the day and prices declined l6Gl2A@l21zc
and closed rather quiet.
The leading futures ranged as follows:
WHEAT-No 2 September. 75A@75zs@75H
GsSsS7555S455Sc. Nay. ss1Ssssf ass @asssGssH.
CoRN-No. 2 September, a5g35sz zGS5@35Hc;
October. s51@S5ss s@s51 1gs5i1c; December. SiA
@S5@S41s@S6c; May. S7@s714c.
2O9sc; october. 2Ox@2N@ @2O1<@20a4c; Decem-
MESS PoRK, per bbl.-septerber, $40 s7s<
'Y q Ss3 Ss5V 8: JANUARY anu $685. s. ssas &C. % lug
LARD, per 100 ns-September, IS 3711@6 400
g6 SO@6 60; October, s. S5G6 S5G6 z5Gs %;
as a215@5 2OG5 Is; October. IS 2715@5 N1lG
2O@5 25; January. 81 S5@4 S.
Cash quotations were as follows: Flour
quiet and unchanged. No. 2 spring wheat,
7S@c; s No. spring .slHss. wheat .zSgNco No;
2OIc. No. 2rye. 42@421zc No 3 barley. nom
inal. No. naxseed. SI 2I@I 2lI Prime TIM
othy seed, 81 42@l 49, Mess pork, per barrel.
RIB sides Qoose), IS 26@5 30 Dry saited shout.
ders (boxed), 81 S71fG5 90. Short clear sides
CboxedJ, IS 75a5 Szx. Sugars unchanged.
ReeeiPts-FOur, u oCS 20 barrels; wheat, $4,000 OOO
bushels; rye, 5000 bushels; barley, none Ship
ments-Flour, 10000 barrels: wheat q, 600 bush
els; corn. l34 000 bushels; oats, 10000 bushels;
rye. $1,000 bushels; barley, L 900 bushels.
On the Produce Exchange to-day the butter
market was active; fancy creamery, l6H@l8c;
fine, l3@l4c; finest dairies, n@l2c; fair to good,
9@loc. Eggs, 1870.
NEW YoRK-Flour dull and heavy Wheat
Spot stronger; moderate business: chiefly ex-
port; options dull and Irregular closing barely
steady. Rye steady and quiet; western, SIG
Sc Barley malt quiet Corn-Spot LGssc
higher on scarcity options more active and
stronger. Oats--Spot fairly active; whites
weak; mixed firm: options quiet and irmer.
Hay in good demand and firm. Hops quiet
and weak. Cofee-Options opened steady and
and unchanged to points down 20 points up;
sales $500 bags including saS August, 1925;
ISe; pecs%ss,
Is 45c: January. la35Gl54Oc; February. 1870
l55oc; March, l5.4O@lo5 Soc; May, l545Gl5.5 55c;
spot Rio steady; fair cargoes, 1880.
ing, SIC; centrifugals. $50 test, &c; sales 10000
bags; centrifugals, $50 test 7c: 1000 bags of
molasses sugar. SIC, 80 test; refined dull and
quiet. Rice steady. Cottonseed oil steady and
quiet. Tallow weak; city. 81 for packings 4Ic
asked. Rosin weak and quiet; strained, COM
mon to good, g 02a@l OK. Turpentine firm
and quiet at 431zG44c; sales. l50 barrels. Eggs
nrm and IN fair demand; western, l6@l7c; re-
eeipts' 6SSs packages; Pork weak and quiet.
Mess. Mess inspected, S,] sl1 oOSl5 50; mess, unin-
meats dull and easy; picked bellies. 7G73[c;
picked ham, l0sz@llLc: picked shoulders, Sc;
sales light smoking bellies. 10c; middles quiet:
doTn With m fr sosss 4gS
steam quoted at SO 671s@6 70; sales of 100
tierces, Sc 615; $50 tlerces, next week. S6 Tx;
sales, September, s6 1906 70: October, s6 67S
70; December. s6 50: January, s8 SO. Butter
quiet and firm for fancy creamery; western
dairy, 94l213c; do creamery, ll4l711c; do fac
tory, S9l21Sc. Cheese quiet and steady; west
ern. 6G7c.
PHILADELPHIA-Flour dull and weak for
all descriptions except choice old winter wheats,
which were scarce and firm. Wheat quiet and
export demand continued light but prices of
options are steady; rejected grain, in depot,
steamer o.
red, in export elevator, size; No. 2 red. IN do,
'31zcc: No. red, August, S35S@S35zc; Septem.
Der. 8213QS3c; October, S313GS4c; November, "a
Go411c. Corn opened weak, with near futures
A91ac lower but the decline was subsequently,
recovered and the market closed firm; specula-
ion quiet; No. mixed, in Twentieth street
elevator, 45c; No mixed and high mixed on
rack. 45@451Ic; No. 2 high mixed in Twentieth
street elevator, 451<c: No. yellow IN grain
lepot, 451zc; No. 2 mixed August. 4gI6s3sIc:
SI4@4Ss4c; October, 4S16g44c; no
Tember, 44944&c. Oats-Carlots unsettled and |
a@24c lower; No; mixed. 2s14c; No. 8 white
;hoice 34c; futures quiet but a shade hrmer:
No. 2 white, August 3O16@3lc; September
~ Q3Oc: October 301s@3013c; November, 3O% |
g3lc. Eggs firm; Pennsylvania firsts, l615@l7c. |
ST LoUIs-Flour active but quotably un- |
,hanged. Wheat. after a slight display of |
weakness early on dull and lower cables. the
market turned firm and gradually advanced. |
he demand finding little for sale. There was |
! weaker feeling later and the close was about |
vas nc higher; No. red, cash, 7Sl@74c:
August, 73AQ74c, closed at 735zc asked. Sep |
em6er. 73ss9741sc, closed at 73zc; December. |
69sQI6Hc, closed at 7615c; May, sl14@Sl%c, |
ash, ssc bid; August, ,325sc. closed at 3254c bid;
,eptember. 325sG326c, closed at 32s6c asked:
october. 325sc, closed at 3215c asked; December
i19@3lAc, closed at 3l5Sc asked; May. 3416c,
losed at 3419c asked. Oats better but weak;
70. cash, l9c; August, l9c bid; September
9Ac bid; May closed at 23s4@2356c asked. Rye
ul at Csc. Flaxseed steadier; cash, 81 i9:
August and September, 81 ls bid.
CINCINNATI-F1our quiet Wheat steady:
rents, $1,000 bushels. Corn firm; No. mixed.
S@SS11e. Oats quiet; No. mixed, 2015@2OAc
I'VE quiet; No. 2, 44c Pork weaker az $ll Is |
ard weak and lower at s6 OH. BuIkmeats
lear, Sc 6O@6 6a Butter firm. Sugar steady.
ggs strong and higher at 12@l2%c Cheese |