Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-01-20
MARKETS BY WIRE.
Wheat DemoraIized by a Drop In Demand
Corn and Oats Weak and Lower
Pork Weakens Under Large

Wheat Demoralized by a Drop In DEMAND
Corn and Oats Weak and. Lower
Pork weakens Under Largo
Offerings Lard Easy.
CHICAG o-The wheat market ruled quiet
and rather tame most of the session. The open
ing was about sc lower than yesterdays clos
ing, and advanced slight ly, and then declined
] 1Hc, sold within a small range and closed
about 1c lower than yesterday. The weakness
was attributed to the falling off in demand, the
| support of the market being removed by a
lack of buying orders. At the same time there
was tair selling by parties who recently have
| been buying.
Speculative trading in corn was only of mod
| crate volume, transactions being confined
largely tn the operations OF room traders. The
market opened at about yesterdays closing
prices, declined &c. reacted a trife, became
quiet and inactive, closing 1s@4c lower than
yesterday.
In oats there was fair trading in May early, one
operator selling about 100000 bushels. A weak
er feeling developed and was increased by the
decline in wheat and corn. Late in the session
dullness prevailed, and closing prices were HQ
&c decline yesterdays close. The near futures
were inactive.
A fairly active trade was reported in mess
pork, but the market was somewhat unsettled
and prices irregular. Early there was fair de-
mand and prices gradually improved Later
the offerings were enlarged and prices settled
back again 25@N%c. Toward the close the
feeling was steadier and prices rallied 5@715c,
but were not supported and closed easy.
An unsettled and weak feeling prevailed in
lard during the greater portion Of the day.
Early sales were made at 218@5c advance on
closing figures of yesterday. Later the.market
weakened and prices declined lO@l216c and the
market closed easy.
Trading was moderately active in short ribs.
Prices receded lO9l5c and the market closed
easy.
The leading futures ranged as follows:
WHEAT-No. 2, January, 961S@96I@9Gl@
9614c; March, ssc: May, 81 OlI@f Oissgl O511
Ql0O5s July, 7s@93992a92c.
March, s5ss@359Sc: May, S79S714 4@3tA@ @a67sc.
@SsHe; May zsl@S1S92sa5se a5Sss s; 9sOroAiy' sa1'
l2 % 9a 4aa ak Rsf FeSauaTy ISnanshTy sia s2 sSS &c
@l2 g 2,a 42'a9R 4271; May sl2 S5S@l2 05912 7OS
=. Is4s LAID per 100 Ds.FebEuary, 50 so@s $50
S715; May: 81 O715@7 1O@6 S71l@7 CO.
SHORT RIBS, per 100 bs-January, So $50
6 $500 45a6 Is; March, IS S0@6 s215@6 500
. s.s 30; May; s. a25a@6 75@6 6o@6 62H:
steady and unchanged. No. 2 spring wheat.
9o34@96Sc; No. 3 spring wheat. S514@S8c; No. 2
red 95A@961sc. No. 2corn. 3isc. No. Goats, 2i185;
seed. 81 81. Prime timothy seed. 81 5S@l SO Mess
pork. per barrel, sl2 80. Lard per 100 lbs S6 S2%
at s.. Shortribs sides (loose), So 45. Dry
salted shoulders lboxedl. s6 OO@6 l21S. Short
clear sides (boxed), s6 S71107 90. Receipts
Flour, II 600 barrels; wheat, q 900 bushels:corn,
$4,000 bushels: oats. 7S,OOO bushels: rye, 1900
bushels; barley. 5000 bushels. Shipments
Flour, 5000 barrels; wheat, 1900 bushels; corn.
$1,000 bushels; oats, 1900 bushels; rye, 1900
bushels; barley, q. 900 bushels.
On the Produce Exchange to-day the butter
market was dull; fancy creamery. 24@25c;
to choice, 11Q12c. Eggs steady at 15c.