Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-04-24
MARKETS BY WIRE.

Wheat Weak and Lower-The July Option
Breaks the RecOrd-COrn fumblcs-
Oats Barely Hold Advanced
Ground-HoE Products
Slumpy.
CHICAGo-During most of the session. to-day
a dull and heavy feeling prevailed in wheat
and prices again touched a lower point than
reached in the recent decline. In fact, the
prices at which July wheat sold to-day we're
lower than July wheat has sold in April for
many years with the exception of the early
part of April last year, when July sold as low
as 1870.
The opening was easy and prices H@Hc lower
for July, and after selling within narrow range
prices further declined 1c, rallied &c and closed
&c lower than yesterday. May opened about
lc lower, sold off 1c more and closed l1sc lower
1t was the sharp break in May and June which
helped to take July with them. Foreign mar
ket advices were unfavorable and domestic
markets were lower.
Corn ruled quiet the greater part of the ses-
sion, fluctuations being narrow and the feeling
steady. The market opened at yesterdays
closing prices, huctuated frequently within &c
range and closed shade lower than yesterday.
Oats were fairly active early, but later De-
came quiet fluctuations being confined to a
range of 14c: the close was at about yesterdays
figures.
Trading in mess pork was active and the feel
ing was weak; prices declined S5@4Oc on the
whole range, and the market closed quiet at
inside figures.
A quiet and dull feeling prevailed in lard;
prices ruled 5@714c lower and the market
closed easy.
Rather more was doing in short ribs, and the
feeling was weak during the greater portion OF
the day; prices l0@l215c lower, and the market
closed quiet at inside figures.
The leading futures ranged as rollowS
WHEAT-No. 2 May Sl@Sl1z z@609SOZsc:J June,
Sisl@Sl34@S03s@S015c; July, 79@7sSQ"1sg
CoRS.No.. May s4s@845a@84ss@84sSc;
June, S47s@S5@S4s4 QS4s5e: July, 3512@S51ze
oATs-No. 2 May 225s@225sc; June, 2254@
223Sc; July 28Ss @2833S S@2Sl 4@281zc.
IL 359ll 42ll; June, sll S213@ll S59l1 459
IL Az: July, $lI 921SGIl 95@lI 52156l1 90. -
LARD, per 100 bs.-May, Sc S719@6 so; June
Sc 6719@6 9OG6 S21a@6 S.: July, rs S5@6 s5Q
SHORT RIBS, per 100 bs-May IS s5@5 g7119
S595 & S152; June, So O219@6 90; July, 70 IoQt lO
nally unchanged. No. spring wheat, 79ssQS0c;
No. ) spring wheat 69c for poor; No. red, 1875
@SOc. No. corn. S44@S42sc. No. 2 oats
223sc: No. rye. 4Oc. No. barley nominal
81 SOL S6. Mess pork, per barrel; sl1 4Og
II 45. Lard. per 100 lbs. Sc SO@6 S215. Short
ribs sides Qoosel, IS ST19@5 50. Dry salted
shoulders (boxed). IS 25@5 so. Short clear
91s@934c; granulated, SIC; standard A, SIS
Reeeipts-Flour. 1900 barrels; wheat, 1900
bushels: corn, 10000 bushels; oats. IA, 900
bushels; rye. 1000 bushels; barley, 1900 bush
els. Shipments-Flour. $4,000 barrels; wheat
1900 bushels; corn. 4c9 600 bushels: oats, 12l,-
600 bushels; rye. 5000 bushels: barley. 1900
bushels.
On the Produce Exchange to-day the butter
market was weaker but not quotably lower.
Eggs steady at l0Gl01@e-
NEW YoRK-Flour heavy. irregular and mod
erately active. Wheat-Spot moderately active
and lc lower: options A@l54c lower. Rye
Spot active and steady; options dull and hc
higher on May &c lower on other months.
Oats-Spot easier and moderately active; op-
tIons 1s65sc higher. Hay firm and quiet. Hops
firm and quiet Coffee-Options opened steady
and 5Gl0 points down; closed quiet; sales, 81
500 bags, including May. l6.659l6.75c; June,
lG759l6SOc; July, l6.9O@l6.95c: August, 17.00@
l1.05c; September. l7:l0G H. 2Oc; October, I:l6@
l1.2Oc; November, 17.25c; December, 7.25
@l7.30c: spot Rio steady; fair cargoes 1S5zc.
Sugar - Raw firmer; fair refining.
bid: refined firm at H@1zc higher,
in good demand. Molhsses-Foreign strong; 500
test, 29c; New Orleans quiet. Rice steady and
quiet Cottonseed oil stronger; crude, 42c; yell
low, 50@52c for best Tallow easy. Rosin
quiet and steady. Turpentine quiet and steady
at 461Ic. Eggs quiet and steady; Western, l215
@l25zc; receipts. $500 packages. Pork firm;
old mess So 506l2 70; new mess. SI3 5O6l3 20;
: T.
bellies, 61&@71ac: picked hams, 10@l0l4c;
picked shoulders, SIC; middles dull; short
clear. Sc 20. Lard depressed and lower; sales,
western steam, 81 l56D7 1715; city, Sc 20; May,
s. ll@7 20 closing at 81 u bid; June, 81 Is bid;
July s. 1907 Enclosing at 81 l9; August, 81 q:
September. 81 SO. closing at 81 %. Butter
easy and in moderate demand; Western
dairy, ll@20c; do creamery, lS@26c: Elgins, &c;
Cheese dull and steady; Western, S15@l0c.
ST. DoUIs-Flour dull. Wheat lower; trad
ing very much lighter, as there were no free
offerings and the only demand come from
shorts, all OF which made very narrow mar
ket; outside advices were depressing. and at
the close May was nc and the others sc below
yesterday: No. red, cash, Sic asked; May,
sl@S2c, closing at SQ13c bid; June. 7@77!&c,
closing at 765sc asked; july. 7434G755sc cIosing
at 743zG747sc; August, 745s@75c, closing at 7415c
bid. Corn firm for the near options, with a
good demand for May that advanced it from
30156305sc to 303zc; No. 2, mixed, cash, 5000
3Os5c; May, 3O136305sG3O34 closed at 30ssc
asked; July. 321saS214c closing at S21sc; Au-
gust 3Szc, closing at SS1 &c asked; September,
3S54 54@S3Ec. Oats higher; No. cash, 24c;
No. 2 4l642c. Barley-Little doing. Flax
seed quotable at 81 45. Provisions fat.
PHILADELPHIA-Flour weak and unsettled.
Wheat quiet. Corn-Spot and April advanced
786lc, with fair inquiry for both export and
local consumption. No speculation and prices
futures beyond this month nominal. Oats-Car
lotsIeasier; futures quiet but steady. Provisions
in fair jobbing demand. Butter steady: Penn
SNlNaQld GAlIds lO0kZfCs OO
extra, 29c Eggs weaker; Pennsylvania frsts,
ll19c.
CINCINNATI-Flour dull. Wheat dull; No 9
red. S5GS6e; receipts. l,500; shipments, none.
Corn quiet: No. mixed, 36c. Oats weak; No.
mixed, 2612c. Rve barely steady; No. 2, SOC.
Pork easier at So %. Lard weaker: current
make. Sc G5. Bulk meats and bacon quiet and
unchanged. Butter steady Sugar sGrong and
higher; hard refined. S34@93sc; New Orleans,
7@75s Eggs and cheese steady.
cash. 771sc; May, 775ss: July, TIC. Corn steady;
No. 5, SS179@34c. Oats dull; No. white,
27@2Sc. Rye easy; No. l. 42l4c. Barley
easy; No. 2 56c. Provisions easy. Pork, Sll So
Lard. Sc IS. Cheese steady; cheddars, 1O@Ile.
BALTIMoRE-Provisions quiet and steady.
Mess pork, old, Sl3 50 new Sl3 75. Butter quiet
and firm; Western packed. lS020c; best roll,
l56I7c; creamery, 24G27c. Eggs dull and weak
at llc Coffee dull and easy; Rio, fair, lS@lS55sc
ToLEDo-Clover seed very dull; cash and
April, 81 65. Receipts IL bags; shipments, 4S6
bags.