Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-01
MARKETS BY WIRE.
More Life In the Wheat Pit, but Prices show
No Material Change-Hog Products
Neglected - Receipts Sur

prtBlngIy small
CHICAGo-Wheat-Spec trading was
good to-day, and rather larger than during the
preceding days Of the week. An encouraging
feature, too, was that outside business was
more largely represented yesterday and to-day.
The East sent good many orders. mostly To
buy, and some were received from the South
west. There was also good covering by some OF
the large shorts. and the feeling was rather
strong. No doubt operators had oversold
themselves at the bottom prices, and on the
FIRST symptom of improved feeling began to
cover. Some operators are rather inclined to
look for better prices, and argue that with
most of the scattering lots of long wheat closed
out. many of the traders largely short and a
likelihood of larger clearances from the sea-
board, now that freight room is not so scarce,
the market ought to do better. There was
some buying on a temporary reaction on the
strength OF this. The opening was shade
easier, the market selling of to point about
N@Ic below yesterdays closing, later I'M
proved Nc, ruled easier, and closed about the
same as yesterday.
Corn-A moderate speculative and good
shipping business was transacted in this mar
ket, the feeling prevailing being steady, though
the undertone was easy. Transactions were in
the main local, and fluctuations limited to
fractional range for February delivery. No. )
corn, 2534c bid; March, 2613c bid; April, 2l79c,
y,
April sold late yesterday at NC; No.2 and No.
2 yellow in moderate demand, and sold at S1s
Q291Sc, and closed about 29c.
A larger amount of activity was displayed in
oats, but an unsettled. feeling prevailed. jan
uary received more attention, and sold at go
&c under February on closing out of trades;
February remained steady; May was active
but weak, and prices receded 1zc.
The market for hog products attracted very
little attention, and speculative trading was
lighter than for several days past. The re-
ceipts Of hogs were smaller than generally ex-
pected, but prices were lower, and this had
little influence on the market
The leading futures ranged as follows:
WHEAT-NO. 2 January. 7415@743s9749SQ
7S9sc; February. 745S9745S@74ss07474c; May,
7S24@7SN@7SssQ7S19c. aooa
2S@29c; May, Sl35@Sl9SQ3IH@9l2@c: :,o,o,,,
OATs-No: 2 January. 920TQ2GA@ A@20Nc;
February. FFEs 2o7s@21@9O7s92ic; May. a2S@2h@
Mess PORK. per bbL.-January. 50 OO@9 s.;
@lO OO@9 9O@9 IS.
LAID. per 100 ns.-Tanuary, 8 774gS S2H
May. IS OO@0 O211@6 6O@6 90.
SHORT RIBS, per LOO bs.-January 81 IN;
FEBRUARY, a 1904 727194 1904 7215; May, S4 sOG
4 921594 9OG94 9215.
Cash quotatlons were as follows: Flour un-
changed. No. spring wheat, 1870; No. red,
745Sc. No. 2 corn. 29c. No. 2 oats, 205102lc.
No. rye, 4S7Sc; No. barley, 65Q57c No. To-
Qa8SeeQ, 81 90. Hrlme IlmOLny SeeQ, 81 ~.
Mess pork, per bbl, So IS. Lard, per 100 lbs,
IS TN. Short ribs sides Qoose), 81 1904 75.
Dry salted shoulders (boxed), 81 2594 S71a;
short clear sides (boxed), IS 0O@5 05 Sugars
Cutfoaf, 7I6Sc Receipts-Flour, 1900 bar
rels; wheat, 5000 bushels: corn. 167, 900 bush
els; oats, 167, 900 bushels; rye 1000 bushels;
barley $4,000 bushels. Shipments - Flour, lS,-
900 barrels; wheat 1000 bushels; corn, 2l4,0OO
busheIs oats, l53, 600 bushels; rye, 1000 bushels
barley, 5000 bushels.
On the Produce Exchange to-day the butter
market was quiet; creamery, 150l6c; dairy, So
zoe. Eggs weak at 12119l3c.
NEW YoRK-Flour dull and heavy. Wheat
Spot dull and irregular, closing steady;
options active and irregular, closing steady;
free selling by Western houses and local
longs; exporters buying late options Rye
Canada. 59@75c. Barley malt firm. Corn
Spot steady and quiet; options dull and un-
changed to Hc lower, closing steady. Oats
Spot quiet and weaker; options moderately
easy and quiet Coffee-Options steady, So
10 points down, closing barely steady 50lO
points down; sales 1880 bags. including
FEBRUARY. l66O@1565c; March, 1555@l56Oc
April, l5.5O@i5. SIC; May, I5.55@156Oc; June,
I555@156Oc; July, 15559l5.6Oc; August, 1856
@l56Oc; September, 15.500 .60c; October, l5.45
@I555c; December, l5.4OQ15.5Oc. Spot dull
sugar-Raw dull and steady; fair refining,
3-l6c: refined quiet and easy; off A,
51316c. MoIasses-Forelgn firm and active;
;aSs Re~ orsaSs quiet Rice ice steady ad and
Cottonseed oil about steady; crude. 2Sc; yellow
3413411<c. Tallow unsettled; city (s2 for pack
agesl, S;16944c. Kosin PSI quiet. TuTpentine
weaker; western, l41lQ14hc; receipts, 323
packages. Pork quiet and steady; old, $40 00@
| 10 80; new, $40 55@I1 %; extra prime. $40 90
easier and quiet; western steam, So IN; option
sales l $50 tierces; February, S6 l5 March, S. q
April, s6 %; May So SS; July, So AZ. Butter
| Fancy creamery firm and quiet; Elgin, B13c
| Western dairy, SQ16c; do creamery. l2@2715c
do held, 8Ql5c; do factory, 5Ql7c. Cheese dull
| Western, SQl0c.
| ST. LoUIS-Flour steady, with a good de
mand. Wheat fuctuated from HQ75c, opened
lower, advanced, then declined again, anL
closed 1sBlzc below yesterday; No. 2 red, cash
7515c; MAY. T7A@7734c, closing at 77ss07711t
bid June, 763sG772sc, and closed at 1870 asked
July 79e sS G2ssd Gs:n q: rs 5sEc gHEcFssl FsS
ruary, 261aQ265sc; March, 261sc; May, Z11s@2Sc
Oats easy; No. 2 cash, 20c bid; May, 2l5Ac
Rye dull. 4IHc hid; Barley dull; small sales o.
| Minnesota at 4S949c. Flaxseed, So so. ProVis
ions quiet except for bacon and lard, which
| were lower.
| Observation-Disclosures of wheat were IA
cars; local shipments. q cars; general receipts
| we're light. and shipments equally SO. The
| usual demand existed for milling wheat, bu
buyers insisted upon concessions more in lint
with the late break in futures; low grades ant
poor samples were as dull as ever, and the!
suffered some decline. Closing quotations: NO.
hard, January and February, 7Sc; May, S01zc
| on track 7879679c; No. Northern, January
| 751Sc; May, 7f5sc: No. 2 Northern January ant
February, 73c; May, 7515ci on track. 79G75c,
MILwAUKEE-Wheat- 2spring, on track
cash, 72Q73c; May 7Sssc; No. l Northern, S9c
Corn quiet: No. 8. on track. 2S11c. Oats dull
white, on track, 2215@23c. Rye quiet; No. l. il
store, 1890. Barley easy; No. 2. in store
| 4916c. Provisions steady. Pork, 50 gu. Lard
SIS so. Cheese steady; cheddars, 9G915c.
ToLEDo-Cloverseed active and steady; cash
| So As; February, So 421z: March. S. a.
| Wool Market.
| PHILADELPHIA - Wool market quiet ant
| prices steady; Ohio, PENNSYLVANIA and Wes
| VIRGINIA Xxx and above S316135c: X 3I034c