Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-21
MARKETS BY WIRE.
A Bulge in Wheat Caused By Colder
Weather and Foreign Buying-COrn
and Oats Featurelsss and
Hog Products Dull.


Hog Products Dull.
CHIcAGo-Wheat-A large volume Of busi-
ness was transacted in the market to-day, and
there was more excitement than witnessed for
some time past The feeling was decidedly
stronger and higher range Of prices was es-
tablished. The opening was &c higher, and
with slight fluctuations prices were further ad-
vanced &c, eased of Nc, ruled stronger again.
and the closing was about Ac higher than yes
terday. Shorts covered freely and there was
also good buying for investment. Foreigners'
agents sent in buying orders for May delivery,
and are steadily adding to their lines of long
wheat.
The cold weather was probably one of the
principal influences on the market. The grow
ing wheat is far advanced in growth of other
seasons, and considerable apprehension is felt
on this account. There has been but little
snow over the winter wheat belt, and the wheat
therefore has but little protection.
Corn was traded in moderately within narrow
limits and the undertone was steady, no special
change being recorded in values. There were
no new outside features presented. The mar
ket opened at nc, influenced some by the cold
weather, ruled frmer, closed a shade lower
than yesterday.
There were no particularly new features de-
Veloped in oats, and quiet and steady feeling
prevailed. Trading was lighter and entirely in
the deferred futures. The opening was firm,
but liberal offerings caused a weak feeling and
prices for May declined Nc. There was fair
buying on the decline, and slight reaction
followed and the market closed at about the
same prices as on yesterday.
Pork was dull. and prices after fluctuating
narrowly closed about the same as yesterday.
Lard was less active than yesterday. and
steadier feeling was developed. Toward the
last prices worked a shade stronger, closing
trl1e better than yesterday.
Business in short ribs was of small volume,
and. although the market was barely steady
early it worked a trife frmer late in the ses-
sion, closing 212Q5c higher.
The leading futures ranged as follows:
WHEAT-No. 2 February. 75skQ761S sk0
752sc; May, 77zS@7S15@7zA67S74c; July, 7617@
6SsSNSe: ( February, 2h@@He; Msy,tsgz
@SOl@SOQ3O1sc; July.G GSlIS S@SIT 6S0X0 oslo.
OATs-No. 2 February, 19A@l954c; May.
2lh@2lAg2l@2l1sc: June. 2l@2l@2OMQ
June, $40 OO@lO 021<@9 y71@lO 90.
LARD, per 100 bs.-March, IS 1895 IS; May.
g Sa4@5 sOg@5 S711@6 80; June, IS s21<@5 %
sHoET RIBS, per 100 ns.-March. a 1904 72z16
O. 1904 IN; May. 81 7711@4 8O04 7711@4 80;
June, 81 S716@4 S711@4 S711l34 S7]]1
Cash quotations. were as follows: Flour steady
and unchanged. No. spring wheat. 1910; No.
Sspring wheat. 63Q68c; No. 2 red 7611zc; No. 2
corn. .2S1S@281zc No. 2 oats, lg5z@l91Sc. No2 rye,
4Sc. No. barley, 55Q5Tc. No. laxseed, 81 SO.
Prime timothy seed. 81 20. Mess pork, per
RIBS sides QOose), "a 1904 TN. Dry salted
shoulders tboxed) unchanged. Short clear sides
(boxed). unchanged. Sugars, cut loaf, un-
changed; grannlated, unchanged; standard A.
unchanged. Receipts-Flour, 11,000 barrels:
wheat, q 600 bushels; corn, $4,000 bushels; oats
10000 bushels; rye 5000 bushels; barley. 81 900
bushels. Shfpments-Flour, 900 barrels; wheat
5000 bushels; corn, 2O5, 200 bushels oats IA 0O0
bushels; rye, 1000 bushels; barley. 4l,0O0 bush
els.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs,
14c.
NEW YORK - Flour steady Wheat-Spot
higher, with moderate offerings and light de-
mand; options more active, 156ic up and firm;
exporters moderate buyers; covering by shorts.
Rye steady; western, 54@58c. Barley steady.
Barley malt quiet. Corn-Spot fairly active
and stronger; options firm and fairly active.
Oats-Spot moderately active; white weaker;
mixed steady; options dull and steady. Hay
easy and quiet: shipping, S5@40c; good to
choice, 6O9S5c. Hops easy and quiet. Coffee
0S0s ssesdS a
bags, including February, 16.45@16.50c; March,
16S5@l6 45ci April, 1635@1640c: May, 16S09
164Oc; June, 1890; July, 162O@l625c; Septem-
Der, 16OO@l61Oc; October, l6.OO9l6.O5c: Novem-
Der, 16O0c; December, l59OQl6.OOc; Janu-
ary, 1886; spot Rio higher and quiet: fair
cargoes 20c; No. z, l7zs@1Sc fat bean. Sugar
Raw duh and steady; fair refining, 5 ll6c; GEN.
trifugals, $50 test, SIC; refined quiet and weak.
Molasses-Foreign frm; New Orleans strong.
Rice firm and far demand Cottonseed oil
about steady. Tallow strong; city (S2 for pack
ages) 5-l6c. Turpentine dull at 441@441<c.
Eggs easy; Western, l61zQl654c; receipts, 1896
packages Pork more active and easier; mess
old, $40 000lO so; do, new, SO 75Qll IS; extra
prime, 50 25@9 70. Cut-meats steady; middles
dull; short clear, S. 25. Lard steady and quiet;
sales. l,5OO tierees; Western steam. 90 l211@6 l6
closing at S6 Is: options, sales, 1000 tierces:
February, So IL; March, 80 IL, closing at So II
asked; April, s. l6 asked; May, So 1906 q.
closing at 50 q; June, 50 Is; July, s8 30
8Q2S&c: Western dairy s@17c; do creamery.
l2@Nc; do held, 60l5c; do factory. 50l8c.
Cheese firm, fair demand; Western. S410c.
PHILADELPHIA-Flourd dull and prices weak
Wheat strong and higher; rejected 60Q70c; fair
to good milling wheat 78QS5c; prime to fancy,
S6092c; No. 2 Pennsylvania red. IN Twentieth
street elevator. SIC; steamer No. red, in ex-
port elevator. 73c; No. req. in export elevator.
ssj ac; sO AD9 Tsf SsS5Sss sSc SlSaS NaT saEsS &
Corn firm and prices of options closed N@sSc
higher; No: 4mixed, on track, 29c; do in grain
depot 2S@2S11c; No. 8, in export elevator. 33711:
high mixed, in Twentieth street elevator,
8716c; No. 2yellow, in grain depot 38c; No. 2
mixed. February S5A@S6c: March, S5X936c;
AApEiI; Al S51ffgS6sc q May ss61Is9SsAc Oats
white. 29c; do prime, 2915c; No white, SOC;
No. white, 33; futures firm but quiet: No. 2
white, February. 2S11@29c: March, 2@2SSc;
ApTlI. IoWZo12Cs May Io1zB1oz8C. 1ISSS uIms
Pennsylvania irsts, l5c.
Observation-Disclosures of wheat were I4O
cars with 30 cars shipped. There was fair
demand for sample wheat of all classes, and
the poor lots were picked up closer than usual.
Prices ranged about Nc higher. A few millers
were in person from the outside and took few
small lots to be shipped to their mills and some
low grades were bought to ship out, but most
of the milling wheat was taken for use at the
local mills. The movement of wheat in the
interior was said to be rather smaller, thought
to be due TO the severe weather. Closing quota
tlons: No. hard, February and March, TIC;
May 79c: on track, 771z@7Sc; No. l Northern,
February and March, 76c; May, 771S; on track,
TIC; No. Northern, February 74c; March,
741zc; May, 751166c; on track, 7S074c.
ST. LOUIS Flour unchanged, but firm.
Wheat higher; the market was unsettled,
though with frequent fluctuations, closing 56G3
&c higher for May, &c for June, and 9HQ%c for
July and August; No. red, cash, 76c; May
closed at TIC bid; June, nc bid; July, 741s@741<c
bid; August, 74c asked. Corn steady; No. 2
May, 261Sc bid; September $40 asked.
Oats weaker; No. q cash, 2lc; May, 20S@2lc
bid. Rye unchanged. Flaxseed higher; sales
81 36 Provisions quiet and essentially un-
changed.
track, cash, 72@73c; May, 732zci No. North
ern Soc Corn steady; No. J, on track. &c.
Oats dull; No. 2 white, on track, 2211c. Rye
firm; No. 2 in store. 1910 bid. Provisions
frm. Pork, SO d. Lard, IS 7711. Cheese un-
changed; cneddars, 911c.
ToLEDo-Clover seed active; steady; cash
and February, So 30; March. sS Is.