Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-05
MARKETS BY WIRE.
More Doing In Wheat and Prices a Shade
Better-COru Stronger and Oats
Steady-May Pork in
Demand.

More Doing In Wheat and Prices shade
Better-COrn Stronger and Oats
steady-May Pork in
Demand.
CHIcAGo-A good business was transacted in
wheat to-day, and there was moderate action to
the market. The opening was weaker and 40
&c lower, then eased off trihe more, but later
became strong and advanced &c, held steadily
and closed about 1sc higher than yesterday.
The early weakness was attributed to the re-
ported increase on the ocean and possibly to
the mild weather here the predicted cold wave
not materializing Advices from San Francisco
reported weaker market for wheat.
The result was that offerings were quite free
and the market ruled easy. Later steady ad-
vance of 5s92c followed which was due partly
to rumor of large line of wheat being taken
at Baltimore for export, but possibly as much
to some short covering. A good many operators
got short on the decline. One trader bought
100000 bushels for May delivery. Considera-
Bile wheat was also bought on long account.
Coma fair speculative business was trans
acted, the market ruling quite active and
weak early in the session, after which 1t be-
came more quiet and firmer. rhe selling was
quite general early, especially of May and
July, which received the most attention. The
general impression is that there will be a cut
in rates from the West in the near future,
which no doubt induced considerable short
selling. The sharp recovery after the early de-
cline. was due to the purchases of large local
speculator, more particularly July. The mar
ket opened shade over the closing prices Of
yesterday, was weak and sold of L@3Sc, raj
lied and ruled firm, and closed shade better
than yesterday
Oats were quiet and steady. About the only
outside business was the selling for May
against holdings in the interior.
Mess Pork-Trading was only moderately
active. The feeling was stronger and prices
ruled higher with trading chiefly IN May con-
tracts Prices were not fully supported to the
close.
Lard-A quiet and comparatively steady
feeling prevailed, and there were no particular
changes to note.
Short Rib sides-Trading was comparatively
light. Prices exhibited no material change.
The leading futures ranged as follows:
WHEAT-No. 2 February, 761s@7615@761s@
7624c; May, 7S5s@797 Q7S74@79c: June, 785s979H
CoRN-No 2. March, 295aQ295s@2914@295
May, May, 8l2s@al2sGalSGSl9sc; July. a2@S21S@a1B
IS1s 01Ts1NS; s5ils,,t Msy 2'4@227Ssa's922o;
MESS PORK, per bbL-March. $40 OO@IO OO@
$500 95i May. $40 20@l0 2214@lO l50lO Is;
June, $40 2O@l0 25@lO 2O@10 20
sE per pc. 100 Msv nsMeTGh & Mars S s. SS@S @ s9
June, So 1906 1895 1906 10.
SHORT RIBS, per 100 Bs.-March, "a S06l4 S5
"a IS; May, 81 9711@4 977694 95@4 9715; June,
Cash quotations were as follows: Flour
steady and unchanged. No.2 spring wheat, 7514c;
No. spring wheat. 60G65c; No. 2r red, 7514c. No.
corn; 2SSsc. No. oats, 2O34@2lc. No. rye,
81 S711. Prime timothy seed, 81 1891 10. Mess
pork, per bbl, SO S77d09 80. Lard. per 100 lbs,
IS S2h. Short Tlbs sides QoOseG 81 S0@4 IS.
Dry salted shoulders tboxed) 81 2594 S715;
short clear sides (boxed), SIS 0505 10. Sugars
Cut loaf, TI@Sc; granulated, SIC; standard A,
6ssc. Receipts-Flour, 1900 barrels: wheat. 49,
600 bushels; corn, 1l5.000 bushels; oats lS2, 900
bushels; rye 600 bushels; barley g. 900 bushels
Shipments-F1ouf, Is, 900 barrels; wheat 10, 600
bushels; corn 3S7 900 bushels; oats 169 900 bush
els; rye 1000 bushels; barley. 5000 bushels.
On the Produce Exchange to-day the butter
fine, 2lQ23c; finest dairies, l98Hc; fine, AQlSc.
Eggs, 12@1215c.
NEW YoRK-Flour dull and heavy. Wheat
Spot dull and stronger; options fairly active
and unchanged to 4c up and firm; covering by
$4,000. Barley firm; Western, 4S@63c: Canada,
59@75c. Barley malt strong; Canada, 721<99Oc
Corn-Spot weaker, free sellers and moderate
trade; options moderately active and un-
changed to Lc down, and steady. Oats-Spot
fairly active and easy; options quiet and firm.
Hay quiet ana steady. Hops firm and quiet.
COhee-Options opened steady, 5@l5 points up,
slSSed Ss o6 barely steady dG%n points gg sales
March, 15.S5@169Oc; May, 15.S0c; June, I58O@
l5.a0c; July, l5S5@ Csc; September 15 70Q15S5c:
October, l570Ql675c. Spot Rio frmer fair
and quiet; fair refining, sc; centrifugal.
l-16e; sales 1.600 bags centrifugals 96 test; so
cargoes do 80 I-16c; refined. quiet and easy; off
A, 5 ll6c; confectioners' granulated 5-16c
MoIasses- Foreign firm; New Orleans. strong;
Rice strong and active. Petroleum steady and
quiet; United closed at 81 055s for March.
Cottonseed oil steady: crude, 2Sc; yellow, 84c.
4 8-l6c. kosin quiet; strained, common to
good, 81 1711@1 20. Eggs quiet and steady;
western, l3I@14c; receipts, $685. packages.
Turpentine lower and quiet at 43@4gzc. Pork
quiet and firm. Cut meats dull; picked
41S@41<c; middles quiet. Lard dull
and steady; western steam, So 20 bid; sales;
14O tierces at s6 221 options, sales, 15OO terces.
May, SO 81; July. So 49, Butter quiet; fancy
firm; Elgin, 2s1l@29c: western dairy, 8@l6c;
do creamery, l292714c; do held, S@l5c; do fac
tory 5@I7c:. Cheese steady and in moderate
demand; Western. SQ1Oc.
PHILADELPHIA-Flour weak and unsettled;
Wheat-Fancy milling grades firm; little or no
demand from either Spectators or shippers;
rejected, 6O@70c; fair to good milling wheat
7SS4S prime to sansy MesteTn 9gG 80
April, S27l@S81zc; May, SSzl@s41lc. Corn
Options firm; car lots steady; No. low mixed
on track, 331zc; No. 8 mixed in grain
depot, ,36c; ungraded high mixed in grain depot,
&c; No. 2 mixed in grain depot. 373zc: No. Q
yellow in grain depot, 3Sc; No. 2 mixed Feb
ruary, 3c@S61zc; March, S61l93616c; April, 96A
W,
active and prices ruled steady; No. mixed.
29c; No. white, 2S@2S1kc; No. white, 291Sc;
futures quiet but firm; No. 2 white, Feb
ruary. 2914Q29Ac: March, 8M@29Nci April.
but firm. Lard-Western steam. So 81. Ship
l,6OO barrels: wheat, $500 bush
els; corn, 1S9, 600 bushels.
ST. LoUIs-Flour firm but unchanged. Wheat
opened lower, but later brisk demand and
good export purchase @ caused an advances
774@7Sc, closing at 77E@7Sc; June, T@77zc, |
closing at TIC; July. .741975c. closing at 75ssc.
Corn lower early. but reaction set in and.the
close was firm; No cash. G, 26zze; March, 269Sc;
26sAc. Oats firm; No. cash, 2O75c bid; May,
2lH@221Sc. Rye quiet at 421sc. Barley quiet
and unchanged. Hay-Only local demand;
81 soar IS; timothy $S@l2 so. Bran firm;
sacked lots, S4G7. Flaxseed quiet at about
81 25. Eggs lower. Provisions steady. Pork,
$40 25.
MINNEAPoLIS-Whea for the day |
were 1855 cars; local shipments, Il cars. The
demand for cash wheat was poor, with buyers
asking concessions and later some conceded to
move the offerings. Subsequently on a mar
ket for futures the demand showed a slight i'm
provement without advancing prices. The buy
ing was of the same milling character that has
existed for sometime past. Closing quotations:
No. hard, February, 7Ss; March, 7S1Sc; May,
SOssc: on track, 78N7S1<c; No. l Northern,
February, - 75S4c; March, 76c; May 7s1sc: , on
March, 7S15c; May, 76c; on track, 73@741zc.
MILwAUKEE-Flour dull. Wheat firm; No.
spring, on track, cash, 72c; May, 1870; No.
Northern, Sic. Corn steady; No 8, on track.
8@S1Sc. Oats steady; No. white, on track,
quiet; No. 2, in store. 42c. Provisions firm.
Pork, % S5 Lard, IS 8211. Cheese steady.
ToLEDo-Cloverseed active; cash, So IS; Feb
ruary, 50 3276; March, SO 30.