Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-18
MARKETS BY WIRE.
wheat Breaks Under the Influence of Milder
weather, but Rallies on Reports
of Crop Damage-Pork

| what irregular and closed about Ac highe
than Saturday. The early break was influenced
by reports of milder weather and possible fal
OF snow; also by the visible supply, which dit
not promise early in the day to show as large
| reduction as many operators had been led u
| believe
The speculative offerings were qnite liberal
and there was more or less desire on the part o.
longs to realize. A prominent trader, whit
usually favors the bear side, however, com
| menced to buy quite freely and the purchases
| from this source created stronger feellng
which resulted in the advanceto outside prices
| Some reports Of crop damage were reported
| which assisted in bulling the market. The
| party credited with doing most of the buying
| to-day has been a crop expert investigating the
| damage to the winter wheat crop, and 1t Is pre-
sumably on the strength of this information
| that the buying was done.
Coma very firm feeling was manifested II
| this market and transactions were at higher
| prices, which were very well maintained at the
close. The features presented under ordinary
! circumstances would have had bearish infiu
ence, but very good demand existed all round
and offerings .were quite quickly taken. The
market opened shade under the closing price' p.I
| OF Saturday, was firm and advanced A@Sc
changed some, and closed MgAc better than
| Saturday.
Oats were quiet and steadier but without i'm
portant features Trading was almost entirely
| In May within range of &c.
Mess pork-A fair business was reported and
| the feeling was somewhat unsettled. The feel
| ing was easy with some realizing by longs anG
| prices ruled l66l714c under the closing = gures
OF Saturday Later, the market ruled trmer
owing to some purchases by shorts, and prices
rallied l215Ql5c. Toward the close prices re
ceded 213@5c and closed comparatively steady
Lard-Irading was only fair and the feeling
was shade easier. Prices ruled about 215c
lower and the market closed steady.
Short rib sides-Only fair business was
transacted and the feeling was easier. Prices
lower market closed
steady at about outside figures.
The leading futures ranged as follows:
WHEAT - No. 2, March, 796S0@7S7s9S0c
May, 795sQSO14@793s9S01ac; July, 7733sl7S33z@771.
CoRN-No. z April 2sx929H Has%a@Hc
Nay NAY. 2s72493O929349Soc; july Sos@SlA@SOs
oATs-No. 2, March. 2I@2l@N@2lc; May
2ll4@2lsk@2lA@ A@2lssc: June 2l@2l@2I@2lc.
NESS PORK, per bbl-March. SO iO4l0 40@
10 SOQl0 80; May. SO 5G@I0 55@lO 4OG
10 50: June, $40 409lO 4719qlO 40@l0 ~
40 05: May. Sc O715G6 1906 O71896 10; June,
s. l21416 l5@6 1906 l215.
SHORT RIBS, per 1OO Bs.-March, S. 05G
05g5 U5GS %; MAY. 50 0215Q5 O71a@5 0O@
3 U0 June. s. U5l5 1905 O5Gl5 Us.
Cash quorauons were as follows: Flour
firm ana unchanged. No. spring wheat
I979@S0G; No. spring wheat. 70Q72c; No.
req. 5915GSOc. No. = corn. S1ac. No. 2
oats, 2O34 4g2lc. No. rye, 4215c. No. 2parley
nominal. Mol flaxseed, 81 4S@I 4S115. Prime tim.
othy seed. 81 q. Mess pork. per bbl. $40 371S
@lO 40. Lard. per loo lbs. Sc O71a. Short RIBS
sides Qoose) S. 0O65 05 dry saIted shoulders
tboxedl, s. 4OQ4 50; short clear sides (boxedl,
s. 35G5 30. Sugars-Cut loaf unchanged.
ReceIpts-Flour. 1900 barrels: wheat 1900
bushels: corIi, 276.O00 bushels; OATS 1900
bushels; rye 5000 bushels: barley. 200 BUSH
els. ShIpments-Flour l2,OOO barrels: wheat
1000 bushels: corn III, 900 bushels: oats, 15O OOO
bushels; rye QUO bushels; barley 81 0O0 bushels.
On the Produce Exchange to-day the butter
m q r -pf NpnS nm ohop rad ENfrrc
NEW YoRK-Flour quiet and heavy Corn
meal-Dull; yellow western, s. 55. Wheat
Spot moderately active and irregular; closing
firm; options fairly active and unchanged to
&c up and firm. Barley-Quiet; western 45@
&c. Barley Malt-Quiet. Corn-Spot stronger
and quiet, on light offerings: options moder-
ately active, 1s9l4c up, and firm Oats-Spot
frmer and more active; options fairly active
and 1sQ4c up. Hay-Steady. quiet Hops
Easy. Coffee-Options opened firm on March,
other months barely steady at 20@40 points
down; closed steady; March unchanged, 1895
points down; sales. SS, $50 bags, including
I7.5O@l-.65c; June. E40@!75Oc; July, i7.2O@
Il. 25c: August 1Z05lllIl5c: September l6 90
@l7.00c; October, I6.706l6 SOC; December 1916
@l66Oc; January. l6S09l6 40c; spot Rio quiet,
SuCar-Raw steady and more active; sales
10000 bags; Cuba centrifugals $50 test.
ll-l6c, 35-16c G. !. f.; $500 tons domestic
molasses sugar. 4zFc; cut loaf nc: crushed,
7Ac. Molasses-Foreign quiet and lower:
New Orleans firm. Rice firm and in far
demand. Cotton seed oil firm. Tallow barely
Turpentine steady at 43a431zc. Eggs frmer:
western, ,l41Ic; receipts, 6.O55 pkgs. Pork quiet.
Cutmeats strong. Lard lower, easy and quiet:
Western steam, Sc Az bid; sales, $50 tierces;
closing at ST AZ bid; June So a. closing at S. 4ol
6 AZ; July, Sc 40: August, s6 81, September,
Sc SO; October, S6 IS. Butter barely STEADY and in
moderate demand; Western dairy. 6QlSc; do
nrao ofr1ar 19ETDRa. dol hal u,
6@l9c; Elgin, 27@2715c. Cheese firm, with
moderate trade; Western, l0ll0Hc.
PHILADELPHIA - Flour quiet but firm;
Western winter clear, S3 1894 90; do do
straight, S4 1904 35; winter patents, S4 35Q4 80;
Minnesota clear So 5O@4O0; do straight As Z5a
IS; do patents, 81 65@4 go Wheat-Options
weak and lower; spot, desirable grades, scarce
and held firmly; rejected, 60@70c; fair TO good
milling wheat 75@S2c: prime to fancy. S5@9lc;
uugraded in Twentieth street elevator. S615c;
No. red, in do. Sil4c; No. 2 red. March, S4@
S41%c; April, S419GS5c: May, S513@S6c: June,
S5%@S6c. Corn-Optlons advanced 1s@0llc; car
lots for local trade quiet but steady: No. 4
mixed. 3io; No 2 high mixed in grain depot,
S714c; No. mixed for May clearance, 3614c in
export elevator: No. Mixed March, 351SQ36LSc:
April, 361s sQ361lc; May, 361l@3615c; June 5000
365Sc. Oats-Carlots quiet but steady; No 8
white, 29c; No. do, 30c: futures firm; No. 2
white March, 293S@291Sc: April, 291S@29lLc c;
May, 2S14@29c; June, 2S1a@29l4c. Provisions in
moderate request and steady. Pork-Mess
do family So 5O9lS 90. Hams-Smoked. 93lG
llc Lard-Western steady at Sc 81 Butter
firm and in fair demand; Pennsylvania
creamery extra. &c. Eggs firmer under
scarcity; Pennsylvania frsts, lS180l4c. Cheese
steady; skins, 74S15c.
Observation-Disclosures of wheat for the
two DAYS, including Sunday, were 2S6 cars, with
shipments Of 2S cars. The demand for cash
wheat was exceedingly slow during most of the
day. with home milers rather backward in
taking hold. The offerings on the salnple tables
were quite large and after a few selections had
been made buyers hesitated without getting
any further concessions. The range of prices
was a shade lower than Saturday. Closing
quotations: No. hard, March and April, 7Sc:
May S015c; on track, 79c; No. Northern. March.
763zc; April. &c; May, &c; on track 7Sc; No
. Northern. March, 7434c; April, 75c; May, 77c;
on track, 7i176c.
ST. LoUIS-Wheat opened shade off. then
declined still further, but after the noon cali
a reaction set in; shorts hastened to cover and
the close was higher, A95sc for May and &c
for July above Saturday; No. cash, 775sc;
775sc bid; July, 7754@75sc@7515c. closed at
T5ss0151Zc bid. Corn-May 265sc; July 271sc
asked. Rye-421ac. Barley firm and quiet
Flaxseed-Sl 40. Provisions firm but not much
business; no essential change in prices.
MILWAUKEE - Flour steady. Wheat un-
settled: No. spring, on tracA 7Sc; May 73sS
@7S16c bid; No. Northern, SI@S2c. Corn firm;
No. 8, on track, 28c. Oats steady; No. 2 white
on track, 2314c. Rye higher; No. l. in store
4gLc Barley firm; No 2 in store, fresh 4l15c
Provisions steady. Pork, SO 40. Lard, 81 05
Cheese unchanged; cheddars lO@lo1Sc
ACKNOWLEDGEMENTS firm and unchanged
Butter quiet and unchanged Eggs strong at
l3c Coffee steady and quiet; Rio, fair, 2O1d
@2Os4c.
ToLEDo-Cloverseed dull and higher; cash
and March, S. so: October, So 40
Brazilian Coffee.