Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-06-21
MARKETS BY WIRE.
Bugs and Wet Weather Give the Wheat
Market Another Boost-Corn and Oats
Higher-Hos Products Active
npd Unsettled.


where dry weather would be preferable, and
large clearances, changed the sentiment OF
local traders and the feeling at domestic mar
kets was likewise affected. June advanced lc,
but closed with the advance lost July opened
1s01lc higher, advanced NC, receded &c and
closed &c higher than yesterday. Deferred
futures shared in the improvement, advancing
1@l4c and closed A@lc higher.
Yesterdays closing developed rather bear
ish feeling, but this morning at the start there
was not much wheat for sale, and under the
nature of the influences brought to bear on the
market, good buying set in, which caused the
steady and sharp advance noted. Probably the
principal influence was the reported appearance
of green bugs in the wheat fields OF lnolsna
and Ohio, and the report that considerable
damage would be the result, more especially In
the way of shriveled wheat. Rain was also re-
ported West and South and cloudy weather In
the Southwest. There was some buying on un-
settled weather. Damage to the Russian crop
was also brought to the surface again, which.
it is claimed, is greater in some sections tnan
had been calculated upon.
Considerable interest was manifested In corn,
trading being quite active at times, and nlgner
prices were established Most OF the business
was transacted during the first half of the ses-
sion, after which the market became more
quiet. Trading was more general to-day tnan
for some time past, the volume of business De-
ing larger with more doing on country account.
The wet weather was the strength ening factor,
and country shorts covered freely, which made
local operators rather nervous, who in turn
also covered. The market opened shade
higher than the closing prices OF YESTERDAY
was firm and gradually advanced Nc, reacted
1zG3sc, ruled quiet and steady closing AQ9sc
higher than yesterday.
In oats larger business was transacted and
a stronger feeling developed, especially in the
near futures which were bought with increased
freedom by shorts who became scared at the
advance in corn and reports OF bad weather,
and wanted to cover. offerings during tne
early part of the day were light, especially OF
July, which advanced 7aGssc, but reacted ssc
and closed easy. August September and the
more deferred deliveries were offered freely,
and prices only advanced NC.
Trading was more active in the market for
mess pork and the feeling was somewhat un-
settled. Early sales were made at 5Q773c ad-
vance, but weaker feeling developed later,
and prices receded l7H@20c. The market
closed quiet at inside prices.
Only a fair trade was reported in the lard
market and the feeling was easy. Prices ruled
214@5c lower and the market closed tame at
In short rib sides trading was moderate and
the feeling was easy. Prices declined 212@5c
and the market closed quiet and steady at the
reduction.
The leading futures ranged as follows:
August, 751s@761s@ s@751s@755sc; September, IS
@76I@75@7554c; December, 7624gTsG76A
CoRN-No. 2 July. s44035&@84A@S43lc
August; S5zS@S5119S51s@S51zc; September, $50
@96@35115 5@S55sc.
gnst o4rs@NS asl{ ssa5sM@Ss2 & "a
Mss PoRR, per bbl.-July, sll 65@II IS
oil 4591l An; August slI 7o@ll 7O@ll 52z4@
LARD, per 100 bs.-Juiy, s6 50@6 5C@6 Az
at Az: August, s6 5719@6 5715@8 55@6 S.; Sep
tember, Sc 61I@6 6714Ss g. s21aGS G21< az ,zeas on
50; September. IS 9211@5 s21S@5 s71Sf35 S711S5
Cash quotations were as follows; Flour firm
and unchanged. No. spring wheat. So@S013c;
No.S spring wheat, nominal: No. 2red, S0@SO1ac.
No. barley, nominal. No. fia1seed. ST 81
Prime timothy seed, 81 SS. Mess pork, per
barrel, Sll so. Lard, per 100 pounds. s6 ~
at 45. Short ribs sides Qoose). $50. Dry
sides (boxed), Sc 1213. Sugars-cut loaf, un-
changed. Receipts-Flour,1, 1000 barrels; wheat
10000 bushels: corn, 15S 0O0 bushels: oaIs,
l4sOO0 bushels; rye, 1000 bushels; barley, 1000
bushels. Shipments Flour. 700 barrels: wheat,
5000 bushels; corn. ?2S 600 bushels: oats 2SS 600
bushels; rye. 1000; barley. LOO bushels.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs firm
at l2c.
NEW YoRK-Flour steadier and less active.
Cornmeal steady, less doing. Wheat-Spot
strong and l@l1zc higher; options fairly active
and s4@lc higher. closing heavy; shorts cover
ing; bad crop reports. Barley malt dull. Corn
Spot higher; light offerings and less doing;
options moderately active ana stronger. Oats
Spot stronger and fairly active; options more
active and frmer. Hay about steady, quiet.
Hops rather steady and quiet. Coffee-Options
opened barely steady and 40G50 points down;
closed barely steady at 5oQ60 points down; lower
cables: active: sales. l40.250 bags, including
June. A45@l465c; July l45c@14SOc; August,
l460@l4 Soc; September. IA. .75G0l4 95c: October
l4S5Ql5.05c: November. 149O@l5 1Oc: Decem-
ber, 14S59l5. .l5c; January, 14sO9l5. l0c; Feb
I5.lO@l5c; spot Rio dull and lower.
fair cargoes. 1715c. Sugar-Raw dull; sales,
5044 bags; Guantanamo molasses sugar, SO
Foreign, So test Sic; New O Orleans leans uuiet. % Rice
quiet and steady. Cottonseed ell duh. Tai
low quiet. Rosin steady and quiet. Turpen-
tine dull at %9Sss; Eggs firm and in mod
1874 packages. Pork quiet. Cutmeats strong;
sales picked bellies, IL fs., SIC; picked
hams, llsz@l2c; picked shoulders, 51sc; mid
dies quiet; short clear. s6 40. Lard lower; spot
in fair export demand; sales spot western
steam, s6 S215@6 IS; June. Sc so; July. Sc 81
asked: August. S6 90; September. S6 960Q7 Oh,
closing at s6 95 bid; October, So o. Butter in
good demand and firm; western dairy, 9@l31Sc;
do creamery, lS@l71sc; western factory, s@iSc
Cheese weak; more demand; western, 7lz@S1lc.
PHmADELPHIA-Flour- and firm.
Wheat-Car lots firm; speculation quiet but
prices Of options strong and 81 IMe higher: No.
S21a@S3c: September, SS@S311c. Corn-Firm
and higher; speculation quiet; steamer, No 2
mixed in Twentieth street elevator, 4215c; No.
mixed, on track in grain depot, and in
Twentieth street elevator, 42]@c; No. 2 yellow,
on dock, 4213c; No. 2 mixed. June. 42Q4213c:
July. 4l14@42Aci August, 42z@4S14c; Sep
tember, 43@431sc. Oats-Good demand for
car lots and prices advanced N@1ac; No 2
mixed, 2911@3Oc; No. white, 31%@S2; No. 2
white 3S13c; futures quiet and firm; No. white.
SIC; September, 3119@32 Butter is active and
weak: Pennsylvania creamery, extra, l6@l7c; do
prints, extra, lSc. Eggs firm; Pennsylvania
firsts. l6c
ST. LoUIs-F1our quiet and easy. Wheat
Cash easy; options easier: advices were bullish
and the market closed lc above Yesterday; No.
2 red, cash. soc; July closed at 7S5S@7SlIc bid:
August, 1876 bid; September, 74152c asked: De.
cember, TIC. Corn strong; No 2 mixed, cash
S05sg3ie; July closed at 3lAQSl&c August,
3214c bid; September, 3S11Ic asked; year, 3OsIc'
July 21s@221zc and none offered. Rye-No2 2,
3S@S9c. Flaxseed-August delivery held at
81 10 bid; spot 81 80. Provisions quiet.
CINcNNATI-Flour quiet Wheat easier:
No, 2 red, S6@SSc; receipts. 2.200 bushels: ship.
ments, none. Corn firm; No. mixed. SIC. Oats
4475c. Pork easier at SO o. Lard weaker at
S6 25@6 2712. Bulkmeats and bacon easy But
ter quiet. Sugar firm. Eggs and cheese
steady.
NATURALIZATION unchanged. Wheat
easy; cash. and July. 741zc: September, '75%c
Corn firm; No. 8, 3413c. Oats steady: No.
white. Csc. Rye firm; No. l. 4215c. Barley easier
No. 2, SOC. Pork, slI IS. Lard, Sc IS.
BALTIMoRE-Provisio steady. Butter Quiet
and steady: western packed. l0@l2c; creamery,
l60I7c. Eggs steady at 1415@l5c. Coffee nomi.
nal; Rice fair at l7lzc.