Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-06-06
MARKETS BY WIRE.
Whent Less Excited. Active and Generally
Lower Corn nnd Onts Stronger
With the Latter Decidedly
Higher Pork Dull.

With the Latter Decidedly
Higher - Pork Dull.
cHIcAeo-Trading in wheat was fairly act
i've to-day, chiefly on local account. The feel
ing was somewhat unsettled, but the market
was not SO excitable and did not respond SO
readily to bull influences as a few days ago.
Evidently some of the operators who have been
on the long side of the market are trading on
the short side now. which tends to keep down
the market and prevents prices from advancing
so sharply.
The market opened about L@16c lower, and
prices further declined Nc, then advanced
1H@lAc, fuctuated some and closed about Zc
higher for July, nc lower for August. un-
changed for September and nc lower for De-
cember than closing prices yesterday. The
weather was fine abroad and favorable Tor the
crops here and with fair offerings and only
light Ugh demand an easy feeling prevaiied early. early
acter to turn many early sellers to buyers, and
steady upturn in prices resulted,
Bad crop news from the winter wheat States
was again received. The Cincinnati Price
Current, it was claimed, estimated the crop of
the United States at about AIS, ,OOO. 900 bushels
that is, Z5, 900 600 bushels OF winter, and l5O,
0OO O00 bushels of spring, with chances Of win
ter wheat more likely to go below the estimate
Corn was active and stronger, higher prices
being the rule on all futures. The advance was
due to local influences though bad crop re-
ports had some effect, several large commission
houses buying freely of July. supposed to be
for q prominent provision concern. The mar
sales a shade under the closing prices of yester-
day. but soon became stronger and sold up 5Sc
ruled easier and closed N@3sc better than yes
terday
cidedly higher The advance was due to mod
crate receipts rather unfavorable crop reports
light offerings and good demand for all futures.
especially for August and September, which
aIu IiUh hive
prominent operator. June advanced 11Sc and
July %c, and closed the same to nc below out
side figures. Reports were that the crop would
be considerably reduced, and advices from
Tennessee said that the crop in that State had
been abandoned.
Very little was doing in pork, and the feel.
ing was steady. Prices ruled about lc lower.
closing quiet.
Quite an active business was transacted in
lard, and the market was stronger. Prices
ruled 211g5c higher, and the market closed
comparatively steady.
Trading in ribs was quite active, and the feel
ing was stronger. Prices were advanced 215Q
Sc, and the market was fairly well supported.
The leading futures ranged as follows:
WHEAT-No. 2, June. 9O34G9l14Q9O1509l1S nc;
July. ss29927s9slKGs214c; August, sls49s25S9
GoRNSNo z June. S3Z@s4A A@ssAQsgsc;
July. ssQS5@a49S@a49lc; August, S5@S35sGS5
OARS = No. 2, June, 27A@2sk@HH@2s5c
July. 271s@27A@2G2724c; August. 2453s@2589
Mess PORK. per bb.-June, sl2 75@l2 75;
July, sl2 sO@l2 s59l2 sO@2 90; August, sla 90
LARD. per 100 MS. June. s. 9O@@5 s21z;
July. S. OO@6 05@e OO@6 O276; September,
ss @ss+ 2G@s 2'Gs f4I l5@s Bsi 22 26o O.
O5: July s5 logs 1895 logs IN: Septem-
Der. sS:sO@5 8295 sO@5 IS.
Cash quotations as follows: Flour
dull and unchanged; No. spring wheat. 5000
911sc; No. 3spring wheat S0@84c; No. 2 red,
9O5s091zsc: No. corn, 34c; No. oats. 2S1sc; No.
2 rye, 5215c; No. barley, nominal; No. l
Mess pork, ner Dbl, s12 To- Lard, per 100
lbs, S5 90@5 9213. Short rib sides Qoose),
IS 05. Dry salted shoulders (boxedl. S. 100
S. 20; short clear sides (boxed), s. 4OG5 80.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs,
12Ql211c.
NEW YoRk-Flour unsettled. Cornmeal
steady; yellow western, 81 1922 As Wheat
Options fairly active. H99fc up and firm.
Corn-Spot firm and Nc up; light offerings; oD-
tions dull and stronger; August. 42A@42ssc,
Spot stronger and less active; options active
and frmer. Hay fairly active. Hops quiet and
frm. Coffee-Options opened barely steady
and 1880 points down. closed steady at 5G2O
points, sales, $1,000 bags. including June, 17.200
17.25c; July, 16.90@lZ00c; August, 1900 75c;
September, l6.50@l6.60c; October, 16.00@l6. l0c;
November. l561@la75c; December. l55O@
15.55c;March, l5.3O@ lSS5c; spot Rio dull and
1870. Sugar-Raw frmeI; fair refining,
l5-l6c; centrifugals 96o test, at ) 9-l6c;
sales, loo hhds and LOO bags and cargo of
Muscovadoes. 800 test 15-16c: $500 tons do
oversold quotations nominal. Molasses-For-
eign firm; New Orleans quiet. Rice steady.
Cottonseed oil dull. Tallow stronger; city,
9-l6@4ssc. Rosin steady. Turpentine steady
n
receipts, 343l packages. Pork dull; mess,
sl3 75@14 25; extra prime, sll 90. Cutmeats
quiet and weak; pIckled bellies. 5@5ssc; do
shoulders, 5@51sc; do hams, 97l9lOc. Middles
quiet. Lard stronger and quiet; sales, 900
tierces; western steam, s6 20; options, sales,
$500 tierces; July, So 26GQ6 80, closing at S6 %
bid: August. SO 40; September. s6 5l9s6 50.
closing at IS "a bid; October, s6 50 asked But
ter-Prime active: western dairy. 6Q10c; do
creamery, 6@l4c: do factory. 4Q10c; Elgin,
14c. Cheese active and firmer; western, 81
@7Ac. .
PHIL weak. Wheat quiet
and prices largely nominal rejected 72ll7Sc;
fair to good milling. 8SQl92c; prime to choice
93@96c: rejected red in Twentieth street ele-
vator. 72119c; No. red, June. 9O14@9G34c; July,
@S21c. Corn steady; No. 2 mixed and high
mixed in grain depot 42c: CARROTS in export ele-
vator, S711c; for No: 8, 3S1zc; for steamer and
NJ No; in export s7te elevator 49Ac; No do,
394@4OHc; July. 4614@4OAc; August, 4lH@
4lZc; September. 4219@43c. Oats-Carlots
weak: No. white. a4c; No. white. 3411@35c;
choice No. 2 clipped white. SEC; futures
quiet; No. 2 white. June. 33s4GS4c; JuIy 33A
@34c; August, ,30149 493lc; September. 2918@30c
Butter quiet and easy; Pennsylvania creamery
extra. l314@34c; Pennsylvania prints extra,
7@23c. Eggs quiet and steady; Pennsylvania
nrsts. 1511c.
ORE-Wheat-Western firm: No.
winter red, spot and June, S934@9Oc: July
and August, 9l@9lAc; September, BIC bid.
Corn-Western strong: mixedispot, 411S@4l1Ic;
June, 4055sQ41c July, 4034@4lc; August, 4l1S@
4lAc; September, 414c bid; steamer. 3S@3S4c.
Oats steady: Western white, 33G35c; do do
mixed. s2@Ss1fc; graded No. 2 white, 35c. Rye
verv quiet: choice. 63@65c: prime. 6l@63c; good
to fair, 5S@60c Hav steady; prime to choice
timothy, Sl2 509l3 gu. Provisions unchanged.
Butter firm but unchanged. Eggs steady at
l415c. Coffee quiet; Rio cargoes, fair. 20c; No.
z, 17Lc.
NEUTRALITY-SUSPICIOUS. of wheat were l30
cars; shipments, II cars. The demand for No
hard was quite good, but low grades showed
but little. if any. improvement and were gener-
ally called slow sale. Local miIlers were fair
buyers Of the better grades. Buyers for eleva-
tors are bidding nc under July for contract
grade. The demand from outside was COM
mai ratiyelv ifOhf Closing n 0tatiOnS. No hard