Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-11-19
MARKETS BY WIRE.
A Good Speculative Movement in Wheat
and Prices Rule FractionaIly Higher
Corn, Oats and Pork Dull
md Rearureleas.

-COrns Oat8 ana FORK Duh
and Featureless.
CHICAGo-Wheat-A fair volume of business
was transacted to-day in a speculative way.
The market opened dull and featureless but
afterward developed more life. within some
what irregular course of prices. The Decem-
ber future after ruling for some little time at
about the closing figures of Saturday. suddenly
broke loose from May and declined lssc, while
the May future declined only &c, held quiet
and steady and closed 1c lower for December,
while May closed same as closing figures Sat
urday The weakness, especially in the Decem-
ber future, was attributed mainly to specula-
tive influences. 1t was limited that prominent
local trader undertook to close out some wheat
for December and, other traders having taken
the cue. sold the market out from under him.
The difference between the December and May
futures widened from 31sG314c to 41sc under
this movement and closed at 41sc premium.
European market advices quoted wheat steady
and firm, and Beerbohm cables quoted higher
prices asked, but closing private cables were
quiet
Visibles supply increased l,559OOO bushels.
The principal points which figured IN the IN
crease were the spring wheat points. whlle
nearly all of the winter wheat points. Balti'
more excepted, showed a decrease from l,UOO 10
$4,000 bushels. The canals showed an increase
and the lakes large decrease. Recelpts IN
the Northwest continue large. New YORK
wired that there were numerous export orders
for wheat there, and that millers were also IN
Quiring for wheat. An order to buy l3O,OOO
&c above Saturdays price, which could not be
executed. Foreigners bought wheat for May
delivery both at Chicago and Duluth.
Coma fair speculative business was trans
acted and the feeling developed as on Satur-
day was easier there being considerable pres
sure brought to bear on the near futures. Inc
weaker tone was attributed mainly to the IN
creasing receipts. The wet weather here did
not appear to have much effect on values as
west of the Mississippi to the weather was re-
ported cold and clear. The market opened at
the closing prices of Saturday, was steady for
a time, then sold off AQ1sc, ruled steady and
closed 1s95sc lower than Saturday.
Oats were active, stronger and higher,
but outside prices were not maintained until
the close. The advance was due almost en-
tirely to the buying for May by large ope-
rator who caused an appreciation of ss915c.
There was fair selling at the top and a recess
sion of 1S@1Ac followed. The near futures
were traded in moderately, but advanced go
&c in sympathy with May.
Mess Pork-Very little interest was mani
tested. Prices exhibited little change.
Lard-A fair inquiry prevailed. Prices ex-
deliveries which ruled 5g711c higher.
Short Rib Sides-Trading was very light, but
the feeling was steadier.
The leading futures ranged as follows:
W hEAI-NO. DOC6IuD6Is ozrgNGOz1sllo
size; year, sOsSc; January, Sl5sGSlX9Sl6@
size; May. S53s@S5M9S41s@8
CoRN-No. 2 December, Sl349Sls493l159
3l221c; year, size; January, Slss9Sl3sc; May,
0STsHNo. December. 2OL@2O%a2OH@
2O1zc; January, sg2C5s92O1aG2O5sc May. 221a
@23Q2215922SEc.
MESS Pork, per bbl.-Year, 50 I271g9 2O@
May, 50 571419 621S@9 571&99 6215
LARD, per 100 bs.-Year, IS S535 9065 S5
as 9e ian January, nary, 8 S57g95 S27bg5 s0g0 30;
SHORT RIBS Der i0O Ss.ZYear. a S5G4 S71S
"a S5G4 S77<; January, 81 1904 7716@4 771S@
IN; May, 81 9714@4 971S.
Cash QuOtaIlons were as follows: Flour steady
and UNCHANGED. No. 2spring wheatsl1 z@Slssc;
No. spring wheat, lG64c;NO. 2 red. S014 4G805sc:
No. corn. 32szc. No. oats. 20150205sc; No. 2
rye 45c. No. 2 barley, 5695Sc. No. l fax
seed. 81. SS. Prime timothy seed, 81 20. Mess
pork, per bbl. SO 621Sp9 rs. Lard. per 100 lbs
60 Dry salted shoulders rboxed), 81 371544 80.
Short clear sides (boxed). SIS 5095 6211S5.
Sugars unchanged. Receipts-Flour, 1900 bar
rels; wheat, 5000 bushels corn 156, 600 bushels;
oats l56 600 bushels; rye, 10000 bushels; barley
1900 bushels. Shipments-Flour, AZ 600 bar
rels wheat 81 900 bushels: corn. l76 900 bushels;
oats, l2l 900 bushels rye, 1000 bushels; barley,
On the Produce Exchange to-day the butter
market was steady; fancy creamery, 2562514c;
fine, l9Q2Oc; finest dairies, l992lc. Eggs, 2lc.
NEW YoRK-Flour steady and fairly active,
home and export Cormmeal dull. Wheat
active and 1sGsSc lower closing steady Rye
easier; Western, 53@541zc. Barley easy;
Canada, 69I73c; sales of % 600 bushels extra
No. Canada at 60c. Barley malt quiet; Can
steady; options quiet and irregular; December
and January &c of; May 1sc up, closing steady.
Oats-Spot fairly active and stronger; options
active and unchanged, to nc up. Hay steady
and quiet. Hops steady and quiet. Coffee
Options opened firm 3OQ55 points MP, closed
steady 25Q40 points up, fairly active; excited
the close; sales, s., $50 bags, Including No
vember, 1575c; December, l5S0Gl5S5c JAM
uary. 15S0@l5.95c; February. l5S5@l59 Csc;
March, l5S5gl5.95c; April, l59O91595c; Nav.
1880; August, I5.75c; September l5656I5 75c;
far caIgOes. 2Oc: No. :, I7@I714c, sugar..Raw
4c bG: cenfrueas sna faf test refining @
bid; refined, fairly active and firm.
Molasses-Foreign nominal, New Orleans fairly
active. Rice steady with fair demand. Cot
tonseed oil weak and dull. TaIloW strong;
city (s2 for packages), 416c. Rosin quiet and
steady. Turpentine dull and rOminal at 45156
acc. Eggs quiet and firm; western, 2362415c:
receipts 1898 packages. Pork fairly active;
ed, sil 90; extra prime, S. 50a9 Is. Cut meats
slow; picked bellies, Il pounds, 61S@6%;
picked shoulders. 5@514c; middies quiet; short
clear, S. 60 Lard stronger and quiet: sales,
western steam, Sc so; do, C. and f., ST 40; No
vember, Sc As, closing Sc AZ; December, Sc 80
bid; January Sc 81; February, ST 36; March
Sc 40 bid. Butter, quiet; fresh steady; Elgins,
l3G25c; do held 129lSc, do, factory. 7159l4c.
Cheese firm and quiet; western, 712@l0c.
PHILADELPHIA-F1our,l less doing, but prices
firm; western winter clear, 81 0004 80: western
winter straight, 81 35@4 so; winter patents go
60 9g minnesota clear SS @ 5g94 o27a; do straight,
tions weak and lower; high grades scarce and
firm; steamer No. 2 red, in elevator, T3I5c: No. 9
red. November, S01&@Slc: December, S11z zGSIslc;
January; S2AgS2Ae; February, S314gS324c.
tieth street elevator. 4l15c: do in grain depot
42c; No. 2 mixed, November, 4OIl34O3lc; De-
cember. S94@4O14c; January S911z G393zc; Feb
ruary, S9szQ4014c 0ats-Spot steady with a
moderate demand; No. white, 2Sc: No. 2
white, in Twentieth street elevator. 29c; do in
grain depot 291412915c: futures quiet but firm:
No oSR SR5te NHyemSer aSIa@T 2s3@ i2ge Deoem
291S63Oc. Provisions steady and in fair Job
bing demand Pork-Mess, new, Sl2 90: do
prime, mess new, Sll 90; do family. Sl3 009I3 So
55eam s. S6 So % Butter rm fPamW PennsyTsGa fssGfa
creamery extra, 25c; do prints extra, 9OG35c
Eggs irregular; PENNSYLVANIA first, 22c
Cheese steady; part SKINS 7QS1Sc. Receipts
Flour, 4 400 barrels; wheat, 5000 bushels; corn.
200 bushels: oats, q, 600 bushels. Shipments
Wheat, 400 bushels; corn, Il, 900 bushels:
oats, $500 bushels.
ST. LoUIs-Flour quiet Wheat-The
market opened weak and with declines else
where, especially in the Chicago December op-
ton there was weakening off in price; later
there was a rally and the close was a little be-
low Saturday; No. 2 red, cash, 7s54@7s5sc; De-
cember, 791SG793zc. closed at 7915c bid; Janu-
airy, S0ssc, closed at S05sc. nominal; May, SII<0
S45zc, closed at S45zc asked. Corn higher; No. 2
cash, 3O1S6305kc; November, 3O15c: December.
2SI< 62S5sc closed at 2S5sc:February, 2S1k62SsSc:
May, SO1zc, closed at 3U19@301zc. Oats frm;No'
cash. 19c bid: May, 227S@225Sc bid. Rye dull: