Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-22
MARKETS BY WIRE.
Wheat Rallies From Eariy weakness
Caused by DIscourn ginz News From
Abroad, and Carries Corn and

vance was accompanied with some excitement
and fluctuations were rapid. Later 1t eased on
gradually llzc, and closed Nc higher than yes
terday. May and June both closed about the
same as yesterday. August and the deferred
deliveries all shared in the advance, wnlcn
would indicate that the buying was largely on
bad crop news and fears that the next crop may
be disappointing.
The weakness at the opening was due to the
discouraging tenor Of market reports from
abroad and better prospects In the Northwest.
On the other hand, a batch Of bad crop reports
from the Southwest had the effect oil convert
ing TO the bull side some Of the most prominent
bear traders, who bought freely. Inc 1aet OIL
the August and the inote deferred futures ad'
vaneihg pfopottionstelf to about the same es
tent as JiiiF, would Indicate that s6tne parties
possibly higher range when the new ef9p be-
Eins 10 move aud the damage be FULLY atillteai
There was large trade u eets. ata the isel= l
ing was quite unsettled, prices frustrating ites
ddeatiF Within s,4ie range The situation ~
fhs 6HsRihg was Father easier, Hfst sales being
q iFihe under the HBal quotations el festtfhat
bHt pFiees saaR started 40 ana advanced
shaFRiy I6fbie unaR the buying ~ jHif w a
pFaIiliiieHf trader, Prices later reacted, de-
eiiRiHg sse, ruled steady ana elesea ssV3se Bsss
teF shan yesterday, ~
osts we're active and higher, Fbe feature
deferred futures, There was good supply Of
buying aFdsFs fran local and outside parties,
and rather light affeFinRs, especially ~ lhs
sPening which was the sane loa sNght sa,
vance, July eased of lIha but quickly
rallied and advanced 9ke, THIS Induced iaiT
offerings for July, and pfiGes TeOeded 96n, The
other deliveries held steady, closing with TAR
gains over Yesterdays last sales ,,, nr,o..
ruled irregular. The inquiry was chiefy for
July and ii advanced slGl Oh. Toward the close
the feeling was easier, and prices settled back
again 4OGi6c, rallied suddenly again 2Og2oc and
Trading In lard was only fair. The feeling
was easier. Prices ruled 2hf16c lower, but
rallied slightly toward the close,
the ineiipr was easier during The early part OF
the day. Prices declined 2lfd5c, but toward
the close exhibited more strength and prices
advanced slightly
The leading futures ranged as follows;
June. $780, GsiGS5c; July. sSsGs5fs sSSsI
CoaN - No. z May. ss>S@sqx x@ssl< oslo;
June, SS,SaSG4 4GSS's9S4c; July ai%gS5@S4H
oATs-NO. 2 May, 2s@2sx@2s@2sxc: June,
29Zf G271S@26JSG2 July, 2oN@5l@2o119
MEss PORK. per bbl.-July, So S5@lS 400
LARD. ner 100 bs-June, So I71S96 20; July
so Su@6 a21fa6 27lfGa6 80: September, s6 471S@
Q 1906 4lAG6 ~.
SHORT RIBS. per 100 ns.-June. IS 271f@5 80:
as 6065 50G5 co.
Cash quotations were as follows: Flour firm
and unchanged; No. 2 spring wheat. 9iQ95c;
No. spring wheat, T5gssc; No; red, s4995c;
SIC; No. 2 barley. nominal; No. fax seed,
81 4S; prime timothy seed. 81 80. Mess pork,
ner bbi, sl3 co. Lard. per 100 lbs, Sc IN. Short
rib sides Qoosel. S. 2595 80; dry salted shout
ders (boxedl. SIS l0G5 20; short clear sides
(buxed), IS 1896 IS. Sugars unchanged.
On the Produce Exchange to-day the butter
market was easier; not quotably lower. Eggs,
lSc.
kEWYORk-Flour stronger on winter with
fair demand; spring dull and heavy. Wheat
SPOT higher and dull; options fairly actlve;early
1SG12c down. advanced 1HGlHc, and clused
steady at H@lc above yesterday: Westerners
free sellers. Barley dull. Barley malt quiet.
active to UNCHANGED to- &c higher
and firm. Oats-Spot STRONGER and fairly ac-
tive; options quiet and 1sG11c higher. Hay
in fair demand and nrm. Hops quiet and
firmer. Cofee-oprions opened steady at 5
@lO points higher; closed steady at 1895
points higher; sales, 57.700 bags. including
MAY. I650@1675 June. 16. .409l Soc; July, 1915
al6 l5c; October, 157o@l5s5; November,
65Oe; March, l6lO6l5l6c: spot Rio
luiet hut firmer; fair cargoes. 1870: No. fat
bean, l7s49l!15c. Sugar = Raw quiet and
Il
1t 25Sc. c. {. & F.: refined, quiet and easy; off
A. sos s. &c; standard A. 5 l5-l6c. Molasses
firm and quiet; $40 test, lSzc; New
Orleans quiet. Rice quiet and steady. Cotton
quiet. Turpentine dull at Ssc. Eggs firm and
lair demand; Western. 14H@l5c; receipts
!. Az packages. Pork quiet and steady Cut
meats quiet and weak; picked bellies, $40
Middles easy; short clear. s6 10. Lard dull;
options, sales $500 tIerces; juno, s6 4O66 Al,
closing, So Al: July. IS 5l36 S. closing
;6 So; August s6 66; September, SO 70
aasv; Western dairy, 6Gllc; do creamery.
j915c; do factory, S9lOc. Cheese quiet and
barely steady; skins, 4Q6xc.
PHlLhDELPHlA-Flour quiet, hut firm.
" heat dull, but higher; rejected, 72@7sc; fair
Q good milling sS9oSc; prime to cholce, sj@
August, 92G93c. Corn-Higher, but quiet; No.
yellow in grain depot and Twentieth street |
Elevator, 4Ic; No mixed in grain depot, 43lEc;
70 mixed May, 4lSal1c; June, 4o740ilc;
OTIS advanced H@Lc under a fair local trado
emand; No 8 white. 54916l35c; No. white, 85lS |
o36c; do clipped. s6hc; futures firm and ~ |
&c higher No; white, May. S5I1@3554e; |
&c. Butter dull and weak; Pennsylvania |
rchmery, extra lbc; do firsts, lga23c. Eggs
tcady but quiet; Ponnsylvania Hrsts. ltGQi41fc. |
BALTIMORE - wheat-wcstern strong: No.
winter red. spot and May, s2hc; July. 1870 |
niTed, spot and May, 4ls4at2c; June and July, |
O5kGDtG7sc; August, 40s1f14lci steamer, 3ss<c,
Dais quiet; Western white. .36I4 4G3Ghc do mixed, |
i6p55c; graded No. white, SOC. Rye quiet |
nd steady; choice, Bsgp06c; prime 6i9U2c; good |
o fair, $4,000. Hay scarcoi primo to choice |
Imothy, sI2 6065lS 90. Provisions quiet, Butter |
1eak and dull; creamery. fancy, l6c; do fair 10 |
hoice, ibc; do Imitation. l0Dl2a; ladle fancy. |
Dc; do good TO choice SdDyc; store packed, 66 |
r. grass l0c Eggs firIn and scaree AZ IaI<c
,o1ee firm; Rio cargoes, fair. leIfQl934c; MOI.
7Jfdl7szc.
ST. LOuIS-Wheat opened fraction higher.
hon declined again, advancing run ming up ne |
mid great excitement and rapid fluctuations, |
lesng unsettled, but l4@lssc above yesterday;
Va. red, cash, 96c; July. closed az gSc; August,
lJkc; December, e41fc. Corn opened &c off |
dVanced af@I1c. eased of and closed about as
esterday; No. 2 cash, SSQ3s11c; May S2Mc; |
rm, but slow; No 2 cash. 2914 bid; July, 265<c |
harley steady. Flaxseed, 81 "A Bagging Quiet. |
14@S15c. Provisions very dull and only a |
mall job trade done at unchanged prices.
MINkEAPoLIS-Receipt of wheat for the
ay were l57 ears; shipments. 2S cars. There |
vas ! good demand for No. Northern wheat |
o-day No. hard was moving some better. |
,ow grades did not keep up with grade wheat. |
nd were generally slow. Offerings were mod. |
rate. Elevators were the largest buyers. |
,ocal millers and buyers for outside account |
ought rather sparingly. Closing quotations:
10. hard. May, 9l55c; June, 92Zc; July, 93s<c; |
n track, 921Sc; No. 1 Northern, May. soc; June,
nc; July, 93c; on track, 92c; No. 2 Northern,
lay, SSc; June, Ssc; July, 9Oc: on track, SS@Ssc.
ciNcINNATI-Flour barely steady. Wheat
rm: No. red. Csc; receipts, 500 bushels: ship |
lixed. SIZE. Oats steady: No. mixed. 300 |
lc. Rye quiet: No. 2 Soc. Pork firm at Sl3 o.. |
ard weaker at IS s5@5 90; Bulkmeats ard ba-
on firm. Whisky steady; sales, G69 barrels |
nished goods on the basis of 81 O2 Rutfer