Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-08-13
MARKETS BY WIRE.


BuIlish Cables and Reduced Crop Estimnte
Cause Little BuIgeiu the wheat Pit
Corn and. Oats In Rut-Hog
Products Tame. T.
CHIcAGo-The wheat market opened activ
at an advance over Saturdays closing of &c
the strength being due to the reduced est
mates Of two points to the condition of tn
spring wheat crop by the Washington bureau
This estimate Justifes the expectation of to
tai crop OF 4Ss 0O0 900 to 400 1000 bushels. Ad
ditional strength was given to the market b.
the bullish early cables, public and private
| From 77sEc at the start for December whea
there was an improvement to 779z6T1sc, witt
the bulk of the trading for the first hou
around 7sk@Tzc. At TIC prominent loca
operator sold quite line. The demand CANT
| principally from the shorts, who covered
freely. .|
When estimates Of to-day's receipts were an
nounced the market took on additiona
strength. and December bulged to 7S1sc, though
there had been a reaction after the opening Il
T5&c. Fair weather was reported general,
throughout the Northwest with the tempera
ture little above normal. Speculative trad
ing was not as heavy as on Saturday, and as the
demand proved less urgent than was expected
to result from the bullish influences there was
a reaction of &c or SO during the last hour OF
the session, closings being 5sGzlc higher for the
day.
Corn ruled moderately active at times, but
the greater part of the session the market was
quiet The demand was mainly from local
shorts. The market opened 1sGt<c lower than
Saturday, was easy for time, but soon became
frmer, advancing AQ5sc, ruled steady, ano
closed about the same as Saturday.
In oats trading was fairly active, par
ticularly at the opening, and operators, after
offering quite freely at the start became more
conservative, and the rest of the day they were
only fair. Shorts bought freely, ard, after a
slight decline at the opening. a frmer feeling
developed, and prices advanced nc from inside
figures, closing steady.
The feeling in mess pork was somewhat un.
settled, and prices ruled irregular. Opening
sales were made at l0c decline. and a further
reduction of l215Gl5c was submitted to- Later
more steadiness prevailed, and prices rallied
71S@l0c, but receded again, closing quiet
Quite a good business was done in lard.
Opening sales we're made at 214Q5c decline,
and a further reduction of sc followed. Later
the demand improved, and prices rallied 5G
Trading was moderately active IN short ribs.
Prices ruled 279G5c lower. though steady.
MHEAT-No. September. 75s4@7c1s@76A
75sSG76Q75x@755zc.
tO0/eSNS/&sSS@/6SNS/sSt 0SSS%%eSAs o@/S
oATs-No. 2 September. 2O@2oh@2@2o1Sc;
October. ..2O7s@2Ossc; December, 2Osz02l@DA@
MESS PoEK, per bbl.--september, slo 50
10 l21%GlO l211: January, 50 7o09 7569 65G9 IS
LARD, per 100 ns.-Sepuember, s6 35@6 40@
g6 q S214g6 s71si October, IS s596 IS; January,
SHORT RIBS. per 100 ns.-september. IS s71<
90 S11aQS S25ag5 SS3 October, IS S596 S2]1;
January. 81 sO@4 s21194 0@4 90
Cash quotauons were as follows: Flour
unchanged. No. spring wheat, 764c; No:
spring wheat, 70@72c; No. q red, 7615c. No.
2 corn, s51sc. No. oats. ls1F@2oc. No.
rye, 42c. No. barley. nominal. No. fax.
seed. 81 2O11. Prime timothy seed unchanged
Mess pork. per barrel, $40 3O0l0 36. Lard. per
100 pounds, 9 s716G6 40, Short RIB sides qoosel,
g SSS5 4o Dry salted shoulders lboIedl,
as S71z. Sugars-Cut loaf, 91I@91fc: granu-
1900 barrels; wheat, i5s 100 bushels; corn. s72.
bushels; barley, 1000 bushels. Shipments
Flour, 5000 barrels: wheat. 81 000 bushels; corn.
600 bushels; Goats, 10000 bushels; rye,
2S. 900 bushels; barley, 200 bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, I3c.
NEW YoRK-Flour moderately active: home
and export weak. Cornmeal quiet. Wheat
dull and AQlc higher; options dull and H@3sc
higher, closing weak. Barley malt dull; Can
0OCDS1 W 1OI Olu anu new. SOIu-OpOb
fairly active and steady; options dull, lower
and weak. Oats-Spot steadier and fairly ac-
tive; options quiet and irregular. Hay firm and
fairly fairly active; cOffee-options opened firm at
at 5GlO points up: % sales, 1850 bags.
te@Ser. 1d85@iS55c: October, iS1O@lss5c
January. la45@lS6Oc;. February. IaEGl5 6Oc;
March, 15.45@lo 60c; May, l560315.65c; June.
l&65c; spot Rio frmer; fair cargoes, lSssc.
&c; centrifugals. $50 test, 7skc; refined quiet
and weak: Molasses-Foreign nominal; 500
test, Soc; New Orleans dull; open Kettle, good to
seed oil steady. Tallow steady. Rosin steady
ard quiet. Turpentine steady and quiet at 43@
4S13c. Eggs-Choice in demand and higher;
western: l6Gl7c; receipts. 6sG packages.
picked shoulders. Sci picked ham, lie;
bellies. 10 pounds. 7s4c; fresh hams 1Oc. Lard
opened stronger and closed weak;
tierces on P. r, 25O tierces on Z. & F.P. T.:
November, So 81; December, Sc 80: January
s8 1896 AZ Butter quiet; fancy firm; others
easy; easy; western YES dairy sS8i2fe; do creamery
about steady; western, &c.
PHILADELPHIA-Flour steady; inquiry for
choice old winter at firm prices; new winters
were freely offered, but moved very slowly;
springs were dull; sales of Ohio old clear at
q 65 40 old straight at 81 95; old winter patent
IS 25G6 40; Minnesota clear. So 60 and do
patent at IS rs. Wheat opened nrm under a
better speculative inquiry in the:West, but the
market subsequently reacted to saturdays
final rates, closing dull; steamer No z red, in
export elevator, size; No. red, IN do, TIC: No.
red, in do SS15c; No. 2 red. August, SS1Sc;
september. s2n@s2zc: October, SS19Qs4c; No
vember, .S4@S479c. CONCEPTIONS dull and
unchanged; export demand light; car
ots quiet but firm; No. mixed, in Twentieth
street elevator, 4511c: No. 2 mixed. August 4SA
Q4S54c; September. 43l4@4Sszc; October, 43115
g44c; November, 453zG44lc. Oats-Demand
very light and prices of car lots weak; old No.
white, S215c; old No. white, choice on track,
S41Sc; new do, regular, &c; futures weak and
ieSlinea HS; A@Hc; No 10, 2Shite, white, August, So5
'O1Sc; November, 3O1zS3lc Provisions quiet
and unchanged. Pork-Mess. new, SIS 500
a 90; do prime. mess new. sl3 OO; do family,
ia OOQ14 60 Hams-Smoked. Sl2 OO0I4 co.
Lard-Western steamer, 6s8c Butter dull and
unsettled; Pennsylvania creamery, extra, I7%
9lSc: Pennsylvania prints creamery, 24@Nc
Eggs scarce and firm; Pennsylvania firsts l6c
Cheese dull; part skins. 5@611c.
ST LoUIs-Flour quiet but steady. Wheat
higher. The Government report on spring
wheat checked selling, and caused slight adj
rance at the opening, though the market