Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-03
MARKETS BY WIRE.
The Advance In Wheat Sustained, and Fol-
lowed by n Bulge In Corn and
Onts-Pork Was Almost

lowed by n Bulge In Corn and
Onts-Pork Was Almost
Lost TO sighr.
CHICAGO-Trading in wheat was large Il
| day, and nervous feeling existed, with price
subject to rapid fluctuations. Operators wei
considerably puzzled which way to act-whetl
| er to follow the market for a further advance
| or take to the short sice. One thing was ce
| tain, however, there was some heavy realizin
| on long wheat to-day, and at the same time goo
buying on the breaks. The opening was 292I
lower for May and June, advanced Nc for tn
former and &c for the latter. and closed abou
| 1112clower for May ard u lower for June thai
yesterday. July opened 54@15sc lower. fuctu
| ated within n small range for a while, and thei
| sold up to point nc above the inside figure
| declined ls6c. ruled irregular, and closed III
lower than yesterday.
The weak opening was attributed to genera
pressure to realize. traders being pretty wei
loaded with long wheat, and felt little nerv
Gus, fearing a break in prices. Dry weather
which was the foundation of yesterdays sharI
rally, continues in the Northwest. Later adj
vices reported cloudy. and it was the prospect
of rain which induced selling. The future o
the market will, to certain extent, depend on
the weather.
Corn-The firm feeling developed in corn yes
terday was continued to-day, and still further
advance was established on all futures. The
volume OF business was heavy and the market
was nervous and irregular, price changes being
frequent within 1c. The firm tone was attrib-
uted largely to the cash demand, large ship
ments and to the receipts falling short of ex.
pectatiOnS. The market opened excited and
unsettled at about closing prices of yesterday,
but soon became strong. and gradually ad-
vanced T@lc. reacted 1S@5sc, ruled frmer and
closed HQ3Ic better than yesterday.
There was an active oats market and sharp
advance, but outside figures were not main
tanned until the close. The continued dry
weather and the advance in wheat and corn
were the prime causes for the strong feeling
and appreciation of 11s@Issc. Tne offerings
session. and prices were bid up with little oppo-
sition. The bulge, however. induced free sell
ing and prices receded 5s91sc, and the market
closed steady at a net advance of 11G5sc.
POrk-ThIs article attracted little attention
Opening orders were made at PIC decline, and
further reduction of 20G2oc followed. About
the middle of the session an advance of 20@25c
was gained, but firally settled back again 20@
Csc, closing quiet.
Only moderate trade was reported in lard,
and the feeling was about steady. Prices ex-
hibited very little change.
A fair trade was reported in short ribs and
the feeling was comparatively steady. Prices
exhibited very little change.
The leading futures ranged as follows:
WHEAT-No. 2 May, 9l34@933%@9154G921
June. 9l34@9l@sl34Qa274c; July, 9O@917s@9d@
CoRN-No. z May, ss@s8X@s2I@s31zc: June,
3s149341s9SS14G33z4c; July. 3S7sQS4H@3SA@
3412c.
Oars - No. z MAY. 25AG2sA@25A925ssc
Mss PORK. per bbI.-May. s1s sOals so@
13 o5@lS 10: June, SlS 45@IS 45@IS 221Sa1S Is;
LARD. per 100 b3.-May. So 1896 421l@
6 4Oa6 40; June. So 5O@6 5Oa6 4596 As; July,
So 5714@6 6O@6 5215@6 IS.
SHORT RIBS. per 100 Ss.-May. IS 45@5 4S
as 4216tp5 4215; June. SIS 521lQ5 5215l5 471&@
An; July. SIS 6O@5 6O@5 55G5 57155.
Cash quotations were as follows: Flour dull
and neglected; No. springwheat. 91@9215c;
No. 2 corn. $s1&c. No. 2 oats 251s0255Sc. No.
2 rye, 49s4c. No. barley nominal No. fax
seed, 81 45. Prime timothy seed. 81 2S@l 49,
Mess pork per Dbl. SlS 0O@l3 10. Lard. per LOO
dry salted shoulders (boxed), IS OOa5 10; short
clear sides (boxed) S. 75l5 50. Sugars, cut loaf,
654@71ac; granulated, SIC; Standard "A" &C.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs. lie.
NEW YORK-Flour strong and fairly active
Wheat-Spot dull, &c up and firm; options
fairly active and irregular, closing firm. Rye
strong. Barley firm. Barley malt firm. Corn
Spot dull, scarce and A@19c up; options less
active, SGAc up and nrm: Oats-spos firm,
up and steady. Hay-Choice, firm. Hops
steady and quiet. Coffee opens steady and un-
changed to 10 points up; closed steady and
80, $50 bags, including Nav, l665@I6 75c; June
l6.55@l865c; July, Is l845@9l655c: August. 1850
Is 40c; September. 1625Gl63Cc; October, l6 OO4
l650c; November, l575c; December. la65@
e 75c: spot Rio dull and steady; fair cargOes.
Zoe; nominal fiat bean, 1S1sc. Sugar-Raw
steady and in fair demand; sales of $50 tons Of
Muscovado, S9o test SC, cargo centrIfugals,
96a test. 316c; refined quiet and easier; of A,
low, lssc; cubes, CSC Molasses-Foreign,
800 test, 20c; New Orleans strong
Rice in good demand. and firm.
Cottonseed oil strong; yellow, 36@3614c. Tallow
Hrm; common to good, 81 4O@1 IS. Turpentine
,r readier at 3S@3S15c. Eggs-Moderate trade;
choice. firm: Western, 1214@1211c; receipts, 5,772
packages. Pork more active and firm. Cut
meats dull and weak: picked bellies, 51z057sc;
10 shoulders, 514@5Zc; do hams, 95I0l0c.
Middles firm: short clears, So 20. Lard opened
stronger and closed weak; Western steam,
8 70; sales, 20 t Ltierces; options, sales. $3.50
g IS asked; August. So 95@6 81 closing at S6 50
Isked; September, 81 O0G7 03, closing at 81 90
!sked; October 81 Oh, closing at 81 O5. Bntter
irm and fairly so active; Western Ter dairy. 7Ql2c;
asy and quiet; Western. old, S13@l0c.
PHILADELPHIA-Flour Prices held with
increased frmness, but market very quiet.
Wheat firm under small supplies, but prices |
argely nominal. as there is very little demand |
rom any source; rejected, 726l77c; fair to good
Milling, 9o@95c; prime to choice, 96c@sl 90: No.
red export, in elevator, 9ic; No red, Nav
i@95c: June, 94@95c; July. 9I14G9211<c; August, |
D09lc. COrn-Options strong and advanced * /
pic under light offerings and higher Western
dvices; carlots for local trade dull and barely
teady; No. mixed. on track. 3S14939c; No. 2
liked, IN grain depot. 4lHc; No. mixed spot
export elevator, 4O5sc: No. mixed. May. Al |
l4l1lc; June, 4194lHc; July. 4l114Q411&c; Aug
st, 42@4214c. Oats-Carlots 15c higher; No. 8
'hite, 331ac: do clipped, on track, 34c; No.
hite. 3412c; do cholce, 33c; do clipped, 3515c;
ntures strong and closed nc higher; No.2whIte,
l/A. Trrr,a /a. T,U,. /
31Sc; August 2s0SOc. Eggs quiet and easier;
ennsylvania firsts, l2c.
ST. lOUIS-Flour higher in sympathy with
heat; xxx, 81 1902 50 family. 81 65@2 IS;
hoice, S393 10: fancy, So 65@3 85: extra fancy.
2Og4 30; patent, 81 o594 65. Wheat lower;
pening was shade decline. then a rally but
reak at Chicago brought out selling enough to
luse decline ~ from top, though rallying
&c later; the close was firm with May &c, June
Ted ana cash Nav Closed at sc bgg
une. soc bid; July. S63sc: August, S5ISc
i'd; September, s61sc bid; December. SS3Sc
orn irregular; No. mixed. cash. 321Sc bid;
lay closed at 3i1lc; June. 32c; July. 3I7c; Au-
DC asked. Oafs higher and wanted: Nd 2 cash,
54@27c bid; May, 2Gl4c; July, 2518c. Rye
ids of 55c for No. 2 Barley quiet. Provisions
rm. Pork, Sl3 So
BALTIMORE wheat-western strong; No.
winter red, spot, 95l4c: MAY, 95c asked; July,
C sales. Corn-Western strong, mixed spot
PC; May. 4Q4l1lc; June. .405SQ4J54c July,:4I@
festeIn white, 3i15@3515c; do mixed, 32%0
Nc; graded No. 2.wnite, 36G3611c. Rye fairly
1--WE; prime to choice. 6lG63c. Hay steady
I'd quiet; prime TO choice tin lhy, s13 0O9
90. Provisions active Mess pork, old,
2 75: new. sl3 so. Lard-Refined, 75lc; crude, |
&c. Butter scarce and active with good de.
aud for prime goods; Western Iadle, I2Gl3c:
l9@20c. Eggs weak at Il0llLc,
,ffee very dull; Rio cargoes fair, 191zc. Sugar
liet but steady.
N observation-disclosures were go
rs, with shipments AZ cars. The cash wheat
ar rket nnened higher with holders varu frr,. |