Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-08
MARKETS BY WIRE.
The BnIl Side Of the Wheat Pit Gets n
Black Eye-Good News for Con.
sumers-A Bic Bnyer Checks

treme, before as well as after the opening.
Gables came in unfavorably, both spot and tut
ures of wheat at Liverpool being quoted lower,
with limited demand The increase for the
week in the quantity on ocean passage, accord
ing to the boards report. was $4,000 bushels,
but Beerbohm made the increase l,0i0,OOO bush
els, and explained that it was almost all Rus
sian wheat.
This was regarded as a bear circumstance.
Coupled with the depressing cables was the fine
weather on this side and free movement OF
wheat into the primary markets Influences
were in fact pretty generally favorable for
lower prices barring the good cash demand
for both wheat and -four, and this did not ap-
pear to have as much weight, either yesterday
or to-day. as the bulls had hoped for and conf
IDENTIFY expected. The opening was A9Hc
under yesterdays closing range, and before
noon the market weakened A@ssc more, De-
cember selling down TO 7s1sc. At that figure a
prominent local operator was a free buyer,
taking, it was said fully million and one-half
of December at 49, &c and under.
The effect of this buying was to check the
decline, and the market slowly rallied to the
opening price of 7s1fc. later it became weak
and receded to about instie figures, closings
being at a net loss for the day in leading fut-
ures of L@xc. Considerable long wheat was
closed out by the local bull houses and at times
was fairly active, though the volume OF trade
on the aggregate was not large.
Corn ruled rather quiet the greater part of
the session. though there were periods of
temporary activity. The feeling on the whole
prices of yesterday and easy and offerings were
quite free, influenced some by the fine weather,
and prices declined Nc. A large local specu-
lator was buyer on the decline and the market
rallied, eased of a little and closed nc lower
than yesterday. There was some selling on
country account early in TIN day. The demand
for cash when the market opened also had a
strengthening influence on the market Cables
were less favorable to holders, and domestic
markets were easy and steady.
There was less trading in oats and a quiet
and easier feeling prevailed, but price changes
were confined to small range.
Considerable interest was manifested in the
market for mess pork throughout the day,
Prices were advanced lO@l216c, and closed at
The market for lard attracted considerable
attention. Early the feeling was firm and
prices were advanced 7x@l0c. Later prices
receded 215Q5c. At the close it rallied again
and ruled firm.
Fair attention was given short ribs. Early
the feeling was stronger and prices ruled 2x4
30 higher. Later prices receded again. To-
ward the close rallied 5Q7c and closed steady
The leading futures ranged as follows:
WHEAT-No. 2 September, 761f67616G76z
g76Ac; December, 7S1z@7s1s07s1s@7S14c; year,
coRsSNo. Z September, ss@ssas5z@s5xc;
October. S0G30c; December. S5s4@SJ4@ 4@S51a@
8Ars-No 2 g. segssmber. 0esqe9eA@9Osse
MESS Pork, per bbl.-Septenb Der. SO 6211
@l0 753IO 6OQiO 20; October. $40 45GlO 57L
@I0 45GlO IS; January, 50 sOG9 s23zGs s711@
LARD. per 100 bs.-seprember. So s211@e IS
s IS; year, Sc 071<@6 To-
as sTSsg SSsg ts kss 5 lSS SS,sss- s
45G5 521<; January. 81 921zG5 90.
Cash quotations were as follows: Flour duh
and unchanged. No. spring wheat 76ssc; No.
No. 2 corn. 961S@Se1Ic. No. oats, 2OsSc. No. 2
rye. 4211@43c. No. barley nominal. No. fax
seed. 81 g. Prime timothy seed. 81 42aI 4S.
5 pG 10 ss shOSs @G Is Side. nTS dos
IS 45@6 55. Dry salted shoulders (boxed),
81 G16G5 00. Short clear sides (boxed), IS 75G
5s5H Sugars unchanged, Receipts-Flour.
900 bhshels oats, 293 900 bushels; rye 5000 BUSH
els; barley, 1000 bushels. Shipments-Flour
II 600 barrels; wheat l79 900 corn 2O6 0O6
bushels; oats, 20l ZOO bushels; rye. none; barley,
On the Produce Exchange to-day the butter
market was active for finest and unchanged.
Eggs in good demand at l2c.
NEW YoRK-Flour heavy and moderately
active. Cornmeal dull. Wheat-Spot dull.
H@kc lower and heavy; options moderately
active and ssqAc lower. Rye firm. Barley
malt. malt dull; @ COrn-spot duh and weaker;
lower; options fairly active and heavy Hay
firm and in fair demand. Hops quiet and
easy. Cofee-Options opened dull and un-
seads Down. and 1ssss ssss OzEsS %
Ses: : IsO q IalOe: octeSer: isSo SsS's@1 q
@l565c: March, I4sOGio lOc; Nav HOOD
Is; l0c; spot Rio shade easier; fair cargoes.
lSzc. Sugar-Raw quiet and nominal; refined
hrm and in better demand. Molasses : For
nrlaano ur,fa
and quiet Cottonseed oil steady. Tallow ir.
regular and unsettled. Rosin steady and quiet
Iurper sne quiet at 4O'z94lHc. EGGS ffrmer
ceiptS. 4,65S packages. Pork steady and fairly
active; mess, inspected, sl2 OO@l2 80; mess, un-
inspected, sll 75Gl2 90; extra fine, Sil co. Cut
ll6llxc; sales picked bellies, IL pounds, 7sSc;
smoked bellies, SIC: picked shoulders, SIC:
middles dull. Lard-Options opened 66S points
up. lost 2g3 and closed dull; sales. 500 tierces
western steam. delivery IN two weeks for ex-
port, 50 rs; so tierces spot, S6 20; September
closed at s. "a: October. So IA; November SO "a:
December, s6 49; January. Sc IS; February So 49,
I21fc; do creamery, n@i7c; do factory, sSi25%c.
Cheese In moderate demand and firm; west
ern, &c.
PHILADELPHIA-F1our- dull. except
for choice old winters. which were scarce and
this month declined about Hc, but cash No
red wanted to I'LL freights and the August
option ruled steady; rejected in grain depot,
grain depot, SEC; No. 8 red in export ele.
vator, 7Sc: No. red In do, SIC: No. red.
August 8Ssz@S4c; September. 831f@SS3zc: Octo.
Der s4gS41c; November. s424Gs5Ac. Corn
Options barely steady; carlots quiet but firm;
No. 2 mixed. track and grain depot 451Sc: do
in grain depot, Acc; No. mixed August, 1870
&c; septsmIbSeTn IS - 1sSfg44c; October, 441s@44ssc;
barely steady; No. 8 white, 821zc; No. white,
white, August. S14Gs2c; September, so5l@
Eggs firm; Pennsylvania irsts. l51S0l6c.
ST LOUIS - Flour quiet and unchanged.
Wheat-Fine we ther and large increase in
amount on passage put prices down. but the
market was better sustained than at other
September. 7S5s@74Ilc. closed 74c bid; Decem-
Der, 7S1s@7s1<c. closed 7s1zc; year, 7S1<c. Corn
lower; offerings were greater than demand; No.
ssS september sszGsSIzc; i, octo5er. S ssS
@SS; year, 3l1zGSlIc. Oats easier; No. 2 cash,
lgzc bid; August and September, 2Oc bid; May,
SSG2as Rye better; ;.iss Nc; Ase adf dsaTIsyS
Provisions firm, but very quiet
CINCINNATI-Wheat easier; No. cred, 76c:
receipts, 1900 bushels; shipments. 5000
bushels. Corn steady; No. mixed, 3S1xc.
SembeT i ,A Ssc fS Rye weafsT; @1sG ~ ssS sS
Pork firm at sll S71z. Lard stronger at S6 l5
Bulkmeats and bacon firm. Butter steady.
sugar IN nght demand: renned- o24USAc; New
Orleans, 1z@S1l. Eggs firm at 115zc. Cheese
strong.
MnwAUKEE-Flour. steady: Wheat easy;
cash. 67s6c; September, 755zc. Corn dull; No. 3,
36Q3611c. Oats dull: No. white, 251<G261]c
Rye dull; No. i. 42Ac. Barley quiet; Sep
no az Lard, IS s2lS. Cheese higher; ched,
dars s6s1Sc
BALTIMoRE-Provisions dull. Butter steady:
creamery. l5@l7c. Eggs firm; fresh l4c. Other
articles unchanged.
ToLEDo-Cloverseed quiet; cash. "a As; oc-