Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-03-13
MARKETS By WIRE.
A Tumble In Wheat Caused by Heavy Dump
ing bv Large Bull Traders-Pork
Products Irregular, but Prices
Rule Fractionally

Ing bv Large Bull Traders-Pork
Products Irregular, but Prices
Rule FractiouaIly
Higher.
CHIcAGo.-Trading in wheat to-day was
active and the feeling again unsettled and
nervous. Local influences governed the market
the large bull traders were selling out their
May wheat Interest centered principally in
May, which opened a shade weaker, and after
numerous fluctuations declined to point &c
Delow yesterdays closing and closedS S1Sc lower.
Inc offerings were very heavy most of the day
and great deal of long wheat was unloaded,
though on the break considerable buying was
done on the part of shorts, who had sold at the
higher prices.
This buying caused occasional rallies. but
the feeling was very weak. July, on the other
hand. ruled comparatively steady and sold nc
and over and &c under yesterdays closing ng,
buying for this delivery, and at the same time
not great quantity offered. The fact that there
is no support for the May future accounts Tor
the drop In prices.
A moderate business was transacted in corn
and the feeling was comparatively firm, con-
sidering the weak tone of wheat The activity
of the other markets withdrew interest," from
the pit and trading was local and nuctuatons
were confined within 14@3sc range.
There was less activity in oats, but fair
business Iranspired within narrower range OF
prices. There was an absence of the heavy
realizing by the longs that characterized the
trading yesterday. Shorts were free buyers
and steadier feeling prevailed.
Considerable interest centered in mess PORK
and trading was quite active. Prices ruleQ
irregular though somewhat higher. An ad-
vance of 3O@35c was gained about the middle
of the session and moderately supported Elk
treme figures, however, were not fully MAN.
and
closely with pork.
The leading futures ranged as follows:
WHEAT@SG 1I1a March, ssSSs; Mfy ss@
July, S@S714 4@s6& &@S6szc.
CoRN-No. May, S51S@S55sc: June. S5h
6SSAgS5ss@SSsse; July S6gs6l 4@S69SOzs4te zs4t,Iaoe
625A@25Kc; July, 2554@25c.
MESS Pork, per bbl.SMay sl1 s714@12 4214@
II 95@I2 40; June. sI2 05al2 45@l2 05@l2 As;
July sI2 I15zGII2 I SGSl2 i52Gte2s - S% SSz o5s oo0
Z 05; June, Sc 95l7 0715@6 95@7 0715; July 81 %
a. 121&@7 OO07 l21%.
SHORT RIBS, per loo Bs.-May, s6 221k@6 S71&5
gS 224g6 50; June, s6 So96 421<; july sO %
Cash quoJarlons were as follows: Flour quiet
and lO@20c lower for patents at S6@6 %: No.
spring wheat, 9S1f@SSAc; No. 9 spring wheat wheat
No. 2 oats, 241zc. No. 2 rye. 49c. No. harley,
nominal. No. faxseed 81 S. Prime timothy
seed. 81 So Mess pork, per barrel, Si2 S5
ribs sides Qoose1, s. 35 Dry saited shoulders
(boxed), IS 25@5 971<. Short clear sides
Gboxed), S. 6215@6 75 Sugars-Cut loaf, T4@
SIC; granulated; &c; standard A, 71sc .. Re Re-
bushels; corn 107, 600 bushels: oats. $1,000 BUSH
els; rye, 1900 bushels: barley, 5000 bushels.
Shipments-Flour. 10000 barrels; wheat 50 goo
bushels; corn; 80 2COOCO bushels; @ 2ats. 1u'OoO
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs
firm at l215@l4c.
NEW YoRK-Flour quiet. lower and weak.
Wheat-Spot dull and A@lc lower; options
active, irregular and lower. Rye dull. Barley
dull. Barley malt quiet. Corn-Spotsteady
and moderately active; options hrmer and
dull Oats-Spot lower and dull; options firm
and quiet. Hay firmer and in fair demand.
Coffee-Options opened steady and unchanged
to Is points down; closed steady and unchanged
to points up; sales, $1,000 bags, including
March, 17.2O@l7.3O: April, 17.30c; May, 1900
August, I7.5O@@l7.60c; September, 17.6O@l7.75c
spot Rio firm: fair cargoes. 1910. Sugar
Raw strong; fairi refining, 51Sc; centrifuRals,
96o test, SIC: refined firm and fairlv active.
Molasses-Foreign firm; 500 test, 22l<c; New
Orleans, quiet. Rice quiet and steady Cotton
seed oil steady; crude, 42c; yellow, 4Sc. Tallow
firm. Rosin quiet and steady. Turpentine
Western, l4slc; receipts, S,9I4 packages. Pork
firm; old mess $l2 SO: new mess. $l3 00@ll3 25;
extra prime, Sl2 so. Cut meaUs f1rmer: picked
bellies, y Ms average, 5Ac; picked shoul.
quiet. Lard treer; buying strong; sales of
Western steam at S. 2I15@7 30, closing at
81 35; city, IS So; March. 81 % closing at 81 3d.
Closing 4 at s. s. asked; July, 81 2767 So closing
at 81 3S asked; August, 81 40 asked. Butter
in fair demand and steady, except for extras;
Western dairy, l5Q2lc; do creamery, lS@271%c;
Elgin, 2S17@29c. Cheese quieti Western, 916@
1IIc.
ST IorTrs-F1our easv with a small husinaas
Wheat-Cnder unfaEorable advices from all
sources and good weather, prices went of to-
day. Selling was very free, but as shorts
bought heavily there was no demonstration.
May closed 11@Mc below yesterday, but other
months were only a shade off: No. 2 red $50
9Shc. May sold at 931S@94z3e. closing at S3sS
S55sc bid. Corn firm and shade better, but
very quiet; No. 2 cash, 2s5sc; March, 29c:
April, 2975c; May, 303z@305sc: August, 331Sc.
oats firm but slow: No. 2 cash, 25c: May 2655S
ing done. Flaxseed quiet at 81 As Bagging
active and strong at S6l0c. Iron cotton ties
81 10. Provisions firm but only a small trade.
CINcINNATI-Flour dull. Wheat in light de.
mand; No. red. Csc; receipts, 1000 bushels;
shipments. 500 bushels. Corn in fair demand
steady; No. mixed. S415c. Oats steady with fair
demand; No. mixed, 26G261<c. Rve dull and
lower; No. 2, 49c. Pork stronger at So 50. Lard
strong and higher at 500. Bulkmeats stronger;
short ribs, s. 90 Bacon firm and tending up
ward; short clear, 81 20 Butter easier. Sugar
active and firm. Eggs steady. Cheese firm.
PHILADELPHIA - Flour-Demand sluggish
and prices weak and irregular. Wheat-Op-
tions opened 1z@lc higher, but with lower re.
ports from other grain centers the market lost
the early improvement and left of weak at
about yesterdays closing rates. Corn-Spot
steady; futures quiet but steady. Oats-De-
mand for car lots moderate and prices ruled
steady.
MnwAUKEE-Flour steady. Wheat weak
cash, 6l1sc; May. S7ssc; July,S7c. Corn firm; No
g S2G32c bid Oats steady; No. white, H@
271zc. Rye more active; No. l, 4S15c Barley
firm: No. 2, 571zc. Provisions firm. Pork al
sl2 20. Lard at IS 80. Cheese quiet; cheddars
at 1l@12c.
BALTIMoRE-Provisions firm and unchanged
Butter. frmer; western packed. 18G22c: best
roll. 14@l8c; creamery, N@2Sc. Eggs, l31S0l4c.
Coffee, strong; Rio, fair, l9c.
ToLEDo-Cloverseed active and lower; cash.
March, 81 IS; receipts, 25 bags; shipments, l,29a
bags.
The Belgian Iron Trade.
II anpears that 6Sl 663 tons of refining aud