Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-09-16
MARKETS BY WIRE.
Tumble All Along the Line-Light
Money and Good Weather


developed was decidedly weak, and at th
opening bordered closely on panic
Opening sales were anywhere from to ~
lower than Saturdays closing figures, an
later declined 20 more, then rallied &c. ease
off and closed shout 5000 lower than Sal
urday.
The cause of the depression was In itsel
the very heavy speculative offerings and lac
of demand. The short interest had pretty we
covered at the last advance, and there was n
disposition to buy for investment with the III
certainty which now exists in regard to none
matters. There was a general liquidation O
long wheat all through the session, partie
being anxious to get out from under, and thi
was the great trouble with the market. Sto
loss limit orders were reached at the declinin
prices which helped to increase the weakness
This was particularly the case at prices aroun,
81 04 for December, many Of which couldn't b
executed within to 1Hc of the limit set, tn
decline being too rapid.
Coru was active and weak. much lower price
being established on all futures. The declin
was due to better weather conditions, mllde
temperature being reported in the corn belt
and no damage reports of consequence |er
received. This was a disappointment to th
longs, and on the opening there was genera
rush TO sell, and as there was practically nj
short interest, the market was without any sup
port, The free offerings of prominent loca
operator created increased weakness, a. : as th'
opening price of May. which was abs &C tn,
only month traded il, varied &c in dirferen
paris of the crowd. first trades were at any
where frosl q to PIC decline under the heav.
offerings; sold off Lc more. rallied some oil
realizing on early sales, ruled easier and closeC
with S1a@S1sc loss.
Oats-A good average business was trans
acted at a lower range. The decline of ~
was due to good receipts. free selling by longs
lack of good buying and rhe weakness in wheaI
and corn. A rally of 1s@ssc followed the de
cline, reacted and closed easy
Mess Pork-Quite good business was trans
acted. Opening sales were made at l0c decline
followed by further reduction of l5@20c
fluctuations were frequent within a small
range, and closed about medium figures.
Iard-A fair trade was reported. Prices
ruled 5G715clower and closed steady at medium
figures.
Short rlbs-Quite good trade was reported
opening sales were made at 71155c decline, fol
lowed by further reduction of sc. Later
prices rallied 21f@5c and closed steady.
1he leading futures ranged as follows.
WHEAT-No. 2 September. 81 OII@l OUI@
9716@s715c: December, ST O2sz@1 O4@f O6s5S1 oi Il
May, 81 0624@l 0714@1 0416Gf 051s.
CoRN-No. z September. 4S@4S@461< <@461l lc
i6f 9e6o6er ;47ss@475s@464@461fc; May, 5O1lG52
ooATs-No. 2. September 87A@akas6ka
SS2se; OCT Oetoeer Sl74@S7H@S6ss@36Ac; May. 405s
MESS PORK, per bbl.-October, $40 OOGIO 90
Ii S755S; May. Sl2 4715@l2 55@l2 4215G1i2 521S.
- LARD, per 100 0bs.-October, S6 2566 3O66 25@
S,2 ~; & Ja11arg, s. 679g6 671S@6 65@6 6715;
SHORT RIBS, per 100 fbs.-October, SIS $50
3 3295 3O05 3216: January. IS 7715@5 SO@5 75@
IN; May, ST l5Q6 l5@6 1896 Is.
Cash Quotauons were as follows:
Flour dull and unchanged. No. spr1ne
S0eas So rsd s51Ec VIZ: No spring wheat s3assc;
oats S69 9Q365sc: No2 rye 6O1ac. No2 barley, 75c.
NO \ l naxseed. 81 A. Prime timothy seed,
p 81 2SGi % Mess pork per Dbl, $40 90 Lard per
!eo y oo; lbs; 80 q. Short rib sides, loose.
oI7a; short clear sides. boxed, S. 65@5 20
Sugars-Cut loaf unchanged. No. white oats
''g5S13c: No. 3 white, S6Q3Sc
On the Produce Exchange to-day the butter
market was easy and unchanged Eggs l6@
r, NEW YoRK-Elour heavy. dull. lower to SELL
Cornmeal dull. Wheat-No. 2 red. 81 Ol@I O2l5
elevator: 81 021z@l O3% afioat; 81 0l55Il O41z
. o. b.; No red. 95@S515c; ungraded red, 995I
81 70. S4 No. No; NSrtaeEn 81 141 No. hard,
through fine crop, weather. lower cables. tired
ongs and some pressure to sell through the light
money S, market: No. 2red September, 81 OOs6@
81 II o. si0 clos0g eOslnf Osk SsoOf October slS
81 ii5s, E. eIOsins. 81 I dS nsy Ryye 81 dGisS US9
nd firm: Corn-Market moderately active;
-Z2@oC iOh6Is NO. z, O0O00ZC elevator.
519g56z9c afloat: ungraded, 55a59fSc; options
ecllne0 25z93c, and closed heavy on fine crop.
Ieather and heavy selling of longs; September
oq9274c. closing, 55c; October, 5534@5615c. clos
december, 54sz057c. closing at 54Ic: Nav
114Q5Sc, closing at 555sc. Oats-Heayy lower.
ptIons dull and weaker: September, 43c,
losing at &c. October. iSc. closing at 423lc:
'hite, 42z@4Ss4c; No. L 44c; do white 47c; No.
Chicago. 44c. Cotfee-Optons opened STEADY
nchanged TO points up, closed steady points
lg September, lSl5c; October. l7S51I7 4Oc.
december, l265c; January, 06Oc: March. Is. 6Oc:
lay, l5.2oc; SPOT Rio firm. quiet; fair cargoes'
nc; No. !. l9c. Sugar-Raw firm, quiet; re.
ign nominal; New Orleans dull. Rice active
nd firm. Cottonseed oil quiet TaIlow strong
nd quiet; city, (S2 for packages) 5@6c. Eggs
oil: fancy, steady; Western, 1S15@2Uc .Recepts.
szS . 81 PACKAGES: PORK frm MI qulet; mess sll 25@
ctive, firm; pIckled bellies, 69s@63<c: middIes
eady, quiet. Lard weak, dull; Western steam
80; sales, $50 tierces; options. sales, 5000
erces; September. S. so asked; October, So 81;
ovember, So 66: December, S6 rs. closing
" asked: January, Sc 96. closing Sc "a asked.
utter quiet. weak; Western dairy I06l4c: do
l2@2216c; do factory, 61S@l3c Cheese
uiet, firm; light skim, zsI66s<c: Ohio fiats
47slc. ~A$''|40' oNi' nA's'
PHIL firm but dull: West.
IN winter clear. 81 65@5 Is; do do Straight.
J 2OQ5 SO; winter patent, S. 50@5 80; Mime
'ta clear, 81 6595 90; do straight. SIS l5@5 65:
o patent, s. 1906 Is Wheat weak and unset |
orI elevator 9s15c; No. 2 red. september
a4@9934c; October, 991Sc; Noyember 81 O0it |
il Ol; December, 81 0211aQ1 o. Corn-Options |
ecllned e, closing weak and unsettled; car lots |
'arce, NO mixed. in Twentieth street ele- |
ator and grain depot, &c; No. mixed.
eptember, October, November Decemher
I15Q55. Oats-Weak; options fell off sale
no car lots We're &c lower, with light demand;
o. while 43c; No 2white. 44c: do on track |
32ci No. white, September 42@42s[c: Octo'
er, 42z2Q43c; November, 43@4Sl[; December
34@451ac. Provisions-In fair jobbing de,
, prime mess, new. Sll so; family. SIS 500
90; hams, smoked, ll15Ql21S. Butter dull and
eak; Pennsylvania creamery extra Iq69Oc.
print, extra, 2S@27c. Eggs steady.
inns, 6G1c.
Xxx, 81 80; family, 81 5033 SIS; choice. So 500
75; fancy. "a 35@4 40; extra fancy, 81 7O614 *
Ltent So 5OQ5 20. Wheat-Tradiug i'm De.
mber and May was good, at prices ranging
hich the bulk of the business was transacted
be market opened at 81 40 for December and
ay and declined to the close. The reactions
'lng small and infrequent: No. 2 cash, 971%@
c; October, 9S1sc offered 96c bid; December |
0l5s bid; May 81 V65s bid. Coru-A moder,
e business was transacted and the market
Is weak. opening lower, and the market
owed almost steady decline in the close.
lich was 25s@39. Saturdays closing figures:
0. cash, 441sc bid; October, 44c; November
NC; May. 4711sc bid. Oats-May lightly traded
other options neglected; cash, 361zc asked:
ay, 40c. Rye dull and little demand; No q
:. Barley-Demand improving and move.
ent fair; Nebraska, Tic. Flaxseed firm at
Al. Provisions dull and steady Pork, $40 So
Ird. &c.
N APOLlS-Receipts of wheat incIud.
= Sunday, were 39S cars; shipments, ll3 cars.
lluth received 432 cars. The price of futures
agged down sample wheat this morning and
r a while business held off, the market taking
tie. After break, they took hold well and
ught large part of the more desira BILE offer.
rs. Closing Quotations-No. l hard. SEN
m her QQc. n tranlc GI m. No No..4l..-E L