Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-03
MARKETS BY WIRE.
All Quiet in the Wheat Pit--December
Lower and May HiGher-Mesu Pork
Unsettled and Steady

CH1CAGO.-W heat-There was very Aaih
trade in this market to-day, but good deal OF
it was in the way of operators transferring
their interest from December into May. Under
these operations the difference between De
cember and May was widened out to 51zQ51Sc.
The opening was rather weaker, and especially
for December, which declined &c, while May
receded only Ae, but later recovered, Decem'
Der advancing &c and May 115c, and closing
was 20 lower for December and &c higher tor
May than the closing quotations Of Saturday.
The weakness in December was attributed 70
the rather free deliveries, fully 100000 bush
els, and some claim l, ESQ, 600 bushels, having
been delivered on December contracts. There
was pretty fair inquiry for December at the
difference established and May also met with
good demand and showed some strength.
Cables were generally FIRM. The reported
taking of u loads late Saturday afternoon in
New York for Lisbon had a strengthening
effect, as did also the prospects of smaller in
crease in the visible supply than had been e1-
pected.
Receipts in the Northwest were quite heavy
again. The visible supply showed an increase
of ,34S, 900 bushels, but was rather late IN pc
ing posted, though operators had pretty falr
idea of what it would be long before. The
principal increases were at Baltimore, Buhaio,
Chicago, Detroit Duluth, Minneapolis and
auOaI AZ new 1Ork. 1u6 uOCTedSce nSAO
mainly at Boston, Indianapolis, Montreal, New
York, Toledo, on the lakes and on the canals.
Coma moderate business was transacted.
most of which was local. and within &c range
The feeling early was comparatively nrm, a
few outsider buying order being on the make
on the filling of the same together with the
purchases of December and January-mostly
the latter-by prominent local trader prices
advanced &c. The market then declined 1s@
Hc, ruled steady and closed 1s@1zc better than
Saturday.
Oats were steady, with moderate volume of
trading IN May, but very little in the near
futures.
Mess pork-A fair trade was reported early
in the day, and the feeling was easy. Prices
declined 5@71fc, but rallied again and closed
steady.
Lard-very little business was transacted,
and the feeling was rather easy. Prices were
without material change.
Short Rib Sides-There was a comparatively
light trade without material change in prices.
The leading futures ranged as follows:
WHEAT-No. 2 December, 7S5s@791z z97Sss@
795sc; January, SO@SOss@7S5s@SO5zc; May. SAG
0iG6SfISlsgNSa2 GoES Z January. sox08lH@agN@8lc;
May, 331z@SSz5 QS3z z@SS14 e; July, SS7S@SSSc;
c oATsZNo; January, 2O7S@2OSSc; May 221s@
MSS Pork, per Dbl January. 50 Tk@
2714@9 20Q9 2716; February. SO 2714@9 35@
9 271569 IS; May, So 6O@9 621s@9 65@9 625k.
LARD, per 100 ns.-January IS S716Q5 S71<;
February, IS 9O@5 s21S@5 9O@5 921l; May,
S6 0714@6 0716@6 05@6 05.
SHORT RIBS, per 100 bs.-January 81 IS
"a 1894 721S@4 72iS; February, 81 75@@4 771S
"a 1904 ~; May, 81 95@4 90
Cash quotations were as follows: Flour
dull and unchanged; No. 2 spring wheat, 79@
791sc. No. corn. SlsSc. No. 2 oats, 2O14Q2O11Sc.
No. rye 44c. No. 2 barley, Sc. No fax
seed, 81 33 Prime timothy seed, 81 20. Mess
pork. per Dbl. SO $1,000 So Lard. per 100 lbs,
GhArN ,Yf,a cid
25. Dry salted shoulders Cboxedl, 81 3711@
90 Short clear sides (boxed). IS 25@
371z. SuSars-Cutloaf, unchanged. Re-
ceipts-Flour, q 600 barrels: wheat 9S.0 600 bush
rye, 5000 bushels; barley, 10000 bushels. Ship
ments-Flour, 1900 barrels; wheat, 1900
bushels; corn. 294, 600 bushels; oats. 20l, 900
bushels; rye, 5000 bushels; barley. 1900 BUSH
els
On the Produce Exchange to-day the butter
market was steady and unchanged Eggs,
23Q24c.
NEW YoRK-Flour quiet and unchanged.
Corn-meal quiet and steGay. Wheat-Spot firm;
12c higher and quiet; options quiet; chiefly
switching from December to May. Rye steady;
western, 55@55xc. Barley steady: Barleymalt
quiet. Corn-Spot stronger and fairly active;
options dull and frmer. Oats-Spot quiet and
weaker; options frmer and dull. bay steady
opened steady; unchanged to points up;
closed steady. 10@l5 points up; sales, 26 $50
bags. including December, l665@1575c; Janua-
ry 1470@l5.o5c; March, 15S5@l5.95c; May, 1880
@l595c; June 159Oc; July l575@l5.S5; August,
l5S5c: September, l5.75@l5.75c; October, 1850
1860; spot Rio dull and easy; fair cargoes,
dgc No sG1;Ic fgsHc. sSgaTnRAM strong
$50 test 61S@6zc: sales, 900 bags China at SIC;
some lots of English islands, so test 5@51Sc;
refined firm and quiet. Molasses-Foreign NOM
and steady Cottonseed oil strong. Tallow
easier; city &c for package), &c. Rosin quiet.
Turpentine dull and easier at 4516@46c. Eggs
firmer foI fresh; Western, 2Sc; lined, 17@19c;
lcehouse, 1S@22c; receipts, 8 1872 packages. Pork
firm. Cut meats quiet; picked bellies, IL
pounds, 5351sc; picked shoulders, SIC; picked
hams, eQ91zc: middles firm; short clear, S. 65
tisrces Western steam at s 8: other S
sales, ], 200 tIerces at Sc 30@6 32H
closing at S6 30; options-sales 300 tierces;
S. S y bid: Feb @ 3aTy. IS 81 Bid; March s. ssS
3S closing at S6 81; April, S6 45 asked; May,
Sc AZ asked. Butter-Best fresh firm; Western
dairy, 9GISc; do creamery, l3@27c; do: held, 10
@l9c: do factory, 7@l9c. Cheese quiet and
steady; Western, 71S4l0c.
PH1LADELPH1A-FI Flour. Wheat - Spring
wheats firm, with fair demand; winter grades
quiet and barely steady; Western winter clear,
81 0O94 Is; do do straight 81 1904 40; winter
patent. 81 50q5; Minnesota clear, So 1904 1215;
do straight 81 2594 rs; do patent, 81 S5@5 Is.
Wheat firm and quiet; options opened a shade
firmer, but subsequently reacted and closed
&c lower; fair to good wheat S0085c, and choice
and fancy long IooIngbeMTry' M SgSSc; nngraded in
7gAc: January, SO7zGSl1zc: February, S21<@SSc;
March, S4@S4%. Corn-Options shade frmer;
car lots active and strong; new steamer No. 2
high mixed on track. Ac; new No. 2 high mixed
and yellow, in Twentieth street elevator, 43c;
old No. mixed, on Port Richmond track, 4Sc;
old No. 2 mixed, on track and in Twentieth
street elevator, 44c; do do, in grain depot Axe;
old No. yellow, in Twentieth street elevator,
a416c: No. white, December. SS5F@391zc; Janu-
airy, 3SzG89c; February, 9@391zc; March, $50
40c. Oats-Carlots steady; No. 8 white, 2S1<c; No
white. 2s1f6S)c; futures quiet and unchanged :.
Provisions steady, with moderate demand.
Pork-Mess, new, Sl2 60; do prime mess new
sIl 90; do family, Sl3 00@1S SO. Hams-Smoked,
lOx@l2c. Lard-W estern steam. Sc so. Butter
irm and in good demand; Pennsylvania cream
sry extra, &c; do prints, extra 3403Sc. Eggs
Fresh stock scarce and firm; Pennsylvania
drsts &c; held lots duh, 14@23c. Cheese steady;
part skins. 7@S71c. ReceiptsaFlour, 800 bar
rels; wheat, none; corn, 1900 bushels; oats
500 bushels. Shipments-Wheat,3 3, 200 bushels;
corn, 1900 bushels; oats, 10000 bushels.
MINNEAPOLIS - There was considerable
wheat delivered on December contracts but
less than had been expected, estimated not to
exceed 10000 bushels. After the deliveries OF
The morning were over, prices that had been
barely steady were irmer. Arrivals at Minne-
apolis and Duluth amounted to L279 cars for
he two days. with 81 cars shipped from Mime
apolis. The smaller movement by railroad, and
little moving in the country from farmers bins
Iended to create more hrmness, giving better
one to futures. Closing quotations: No. / |
lsrd, December. TIC; January SIC: May,
&c: on track, 7S1Sc; No. Northern, Decem-
Der, 75c; January, 1870; May, Sl5Sc; on track. |
SC; No. 2 Northern, December. nc; January,
I21<c; May, 7Sc: on track, 72G74c.
ST. LoUIs-Flour steady; demand moderate.
Wheat higher; the market was rather un. |
ettled, but closed 1sc above Saturdays fig- |
Tres; No. 2 red, cash, 7776@7Sc; December. 780 |
SIC closed at 7S7Sc bid January, 7914c, closed |
It 1890 bid; March, Sl1zc, closed at 8lszc; May,