Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-22
MARKETS BY WIRE.
A Fair Speculative Movement In Wheat
and Prices Slightly Stronger
Pork Rather More Active

bur Weaker.
CHICAGo-Wheat-Spe trading to-
day reached very fair proportions. and strong
feeling was developed in the market. Outside
news was all more or less Of q Dullish tenor and
assisted the buoyancy Of the market. There
was fair buying on long account but the de-
mand was supposed to come mainly from
shorts, who were forced to cover, not liking the
change which has come over the market the
last few days. A prominent New York trader
was reported as covering a large line through
q Chicago house, and another firm was credited
with buying very freely on long account.
The market opened at about the closing fg-
ures OF yesterday to 80 better, ruled trm and
prices gradually advanced Hc, then receded
%c, again advanced to full outside figures.
ruled firm. and closed about lc higher than yes
terday. Operators were of the impression that
there was considerable realizing at the advance
by parties who had bought previous to the
recent advance. Still the market held up well
and the closing was apparently quite strong.
Cable advlces were. on the whole, not quite
SO encouraging to holders as yesterday. Esti-
mates on the visible supply vary from a prob
able decrease to slight increase.
Coma fair trade was transacted within
narrow range and the feeling developed was
trifle drmer, the market synpathizing with
wheat. Transactions were in the main local.
principally in January, May and July. The
J
terday, was easy at first. but soon became
stronger, advancing H3ssc; ruled easier and
closed shade higher than yesterday.
Oats-There was more disposition to sell the
futures. The business transacted was only mod
crate, but weaker feeling existed and prices
declined nc,
Mess Pork-Rather more was doing and the
market was weaker. Prices ruled l09l216c
lower early in the day, but rallied 21105c and
closed comparatively steady.
Lard-Only a fair trade was reported. Prices
ruled about 2Zc lower and closed steady.
Short Rib SIdes-Mors was doing and the
market was weaker. Prices ruled fully &c
lower early, but closed with more steadiness
The leading futures ranged as follows:
WHEAT-No. 2 December. 775z078H0T340
7sssc; January. 7SG7s@7S079c; May, S2Sz9
CoRN-No. 2 December. s30S31zc@S39ss:
January, 81 @8l140 l@S11sc; May, Sz9S258GS2A
@323zc.
OATs-No. 2 December, 7OzSc; January. 2ON
Q20A@2OSS@2O3z; May. 25z@2A@225s@22sc:
MESS PORK, per bbl..January: So 2o@9 20@
Q l211@9 III: February. 50 9099 3211G9 30G9 30;
May, So 6251099 $500 5755l9 IS.
LARD, per 100 Ds.-January,S5 S7N@5 909
5 S71z@5 S715; March. e5 95l95 S71105 95G5 95;
May, s6 075SG96 071zd6 O5@6 Us.
SHORT RIBS. per 100 bs.-January. 81 72<
a 7214@4 7UQ4 7211z; February, 81 7275@4 70
a 721594 rs; May. 81 95@4 959i 1904 S211.
Cash quotations were as follows: Flour steady
and unchanged. No. spring wheat, 7S5sc;
No. 3spring wheat, 6306411c; No. 2red, 7S5sc;
No. 2 corn. SSc; No. q oats, 2O5sc; No
Frye. 451Sc. No. 2 barley, 58@60c. No. l haxseed.
81 35h. Prime timothy seed. 81 q. Mess
pork. per bbl. SS 6211@9 %. Lard. per 100 lbs.
s. 871S. Short RIBS sides Qoose), "a 6594 so. Dry
salted shoulders [boxedl. s4 l2h Short
clear sides tboxedl, s. OO@5 %. Sugars
steady. Receipts = Flour. 1900 barrels:
wheat. $4,000 bushels: corn. $4,000 bushels;
oats, 106 900 bushels; rye, H. 900 bushels; barley,
5000 bushels. shIpments-Flour. 1900 bar
rels; wheat. 10000 bushels; corn. $4,000 bush
els; oats, l12.0O0 bushels; rye, 6000 bushels;
barley 1900 bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, 2002lc.