Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-12
MARKETS BY WIRE.
Government Crop Report Causes Tumble
In Wheat and Corn-Eog Products
More ActIye apd Stendy.

was quite large to-day, and at lower prices.
Ihe opening was about sc lower than tie
opening figures of yesterday, advanced
trlne and then sold off &c more beio" Tue
opening figure, advanced sc ruled steauf q, anu
closed about AGsclower than YESTERDAY. Inc
decline was directly attribu ted to the Govern
ment report of the wheat in farmers nahus'
which placed the quantity at l56,ooouV pusn.
els, or SL9 per cent of the crop. While at mrs,
glance this report was taken as pearish
feature, it was not so CO nsidered by all opera
tors. Making calculations of the propaoie
consumption, and taking the qusntity required
for seeding, also exports based upon tne
same ratio as during The preceding siA
months of the crop, would leave only smaii
reserves. However there was dlspositloh W
realize, the drift of the market being oo"h-
ward, and holders wanted TO unload. But At
the decline fair demand existed by prominent
local trader. which checked further decline and
caused a slight reaction. Cable advices IN
dica ted rather tame feeling.
Corn received considerable attention early III
the day, but as the session advanced the mar
ket dragged and ruled very quiet Inc ieel-
ing developed was weaker, the little advance OF
Yesterday being lost. The chief weakening In
huence was the Government crop report, whlcn
came in after yesterdays close, making 4oS per
cent of the late corn still In farmers hands, OF
9T0. 600 600 bushels. The weather was unfavora-
BILE and had considerable influence with many
operators. The market opened &c under tne
closing prices of Yesterday, was steady lor
time, then sold off 1s@1zc, became hrmer, CLOS
ing at 1s61zc lower than yesterday.
Oats-There was only moderate tlade in May
within a range of &c. The other futures were
neglected, but a steady feeling prevailed.
Mess Pork-Trading was moderate and main
ly for May delivery. Prices ruled 21lc higher
early, but offerings were slightly increased, and
reduction of 59715c was submitted to. To-
ward the close prices rallied again and the mar
ket closed steady.
Lard-A fair trade was reported. Prices
ruled 81 higher early but later receded again
21a95c, and closed steady at medium figures.
short Rib Sides-Trading was. fairly active;
Prices ruled a17c higher early, but Later settled
back again 215@5c. Near the close rallied to
outside figures and closed strong.
The leading futures ranged as follows:
7795e; May. 7S1sa7Si l@77sla7slc; July, $40
761s@155sfQ76c.
CoRSsSo. z March, 2s@2Sa2s@2sc; May,
2S5s@2s34Qa915@2s55sc; July. Se34GSO4G3O9s9
0ATs-No. 2 March. 2O14@2OA A@2OA A@2OAc;
Nay 3Iss2I s22lII492lssS2l4@2lAc: June. 2o7s92o's@
MESS PORK, per bbL-March. 50 s715@s a71z
June, $40 2O9lO 2O@lO 2OIl0 90
LARD, per 100 ns.-March, s6 021&@6 02H@
O21a@6 on: May. S6 1905 1215@6 U71s@6 10;
"a 95@4 s2I6QI s5; Nav. 81 971S6l5 OO@4 y5G
co. June. S. OOG5 025%@4 9772@5 025S.
Cash quotations were as follows: No. 2spring
wheat, 711s@77sSc; No. spring wheat. 72@74c;
No. ? red. 771s@Tssc. No. 2 corn. 2s1s@2S14c.
No. 2 oats, 2O14 l2O5sc. No. 2 rye 421ac. No. 2
barley. nominal No. l fiaxseed, 81 As. Prime
mS'y haIa & pSI @ sReT. O6 fSs s sdss @
tbo1ed), 81 25@4 ss short clear sides Ibo1edJ.
IS 25G5 80 Sugars-Cut loaf unchanged. Re-
ceiprs - Flour, 1900 barrels: wheat, 10000
bushels corn, $4,000 bushels: oats, 203, 900
bushels; rye, 5000 bushels: barley. 5000 bush
els Shlpments-Flour. 10000 barrels: wheat,
10000 bushels; corn, Dol 900 bushels: oats. 1885,,
0O0 bushels; rye, 5000 bushels; barley. $4,000
bushels.
On the Produce Exchange to-day the butter
market was steady; fancy creamery, 25926c:
anest western, n, 2Hg29e; fine, Ag23e; finest mes,
NEW YoRK-Flour dull and weak. Corn
meal dull. Wheat-Spot weaker; moderate ex-
port and middling demand; options fairly ac-
tive; SsGs4c down, and steady. Rye firm;
Western 55@57c. Barley quiet: Western 46@
721S@S715c. Corn-Spot steady and fairly ac-
tive: options dull and firm; receipts l9, 900
bushels; exports, 3O,97S bushels; sales, 170,0O0
futures. Oats-Spot steady and more active;
Hops quiet and weak. Cofee-Options opened
steady points down to points up: closed
steady and unchanged to Is points down; sales,
SO,250 bags. including March, l7.s5c; April.
17.SO@l7.S5c; May, 1I65@17.75c; June. 1850
l7.7Oc; July, I75OGlL6Oc: August. IL. 356l7 6Oc:
September. I7.S09F.45c; Octobe; I7.2O@
17.S5c; November. zoe; December, H. 00@l7 25c:
January, l7.OOc: February, L. ooalT l5c; spot Rio
firm and quiet: fair cargoes 20S4c No. fat bean,
1870. Sugar-Raw steady and quiet; refined
trm and fair demand. Molasses-Foreign firm;
Cottonseed oil firm. Tallow strong. Rosin
quiet. Turpentine steadier at 4254Qg43c. Eggs
dull; Western, l5c; receipts, 9023 packages.
eG So d. @m prme S
So 2599 rs. Lard stronger and moderately
active; Western steam, s6 40@6 421155;; sales.
80 tierces at Sc 4O options, sales 4750 tierces;
q. Closing % at Sc = bld: June S. is BID; " July.
s6 1896 So closing at Sc 40 bid; August Sc 55;
September. S6 90; October, 50 64Q6 67. closing
at S6 "a asked. Butter steady and in fair de-
mand; Western dairy. 5QlSc: do creamery, l3
@26c: do held at S@l5e; do factory, 8EslSc; Ell
gin, 2713c. Cheese stronger and in good de-
mand; Western l09l0Hc.
PHILADELPHIA - Flour steady, Wheat
Options weak and lower, high grades scarce
milling wheat. 75@S2c; prime to fancy. S5@9lc;
steamer No. 2red in export elevator; 15c: No.
red; March, S2l49s254c; April, SS@SS14c: May.
quiet; No. 4, low mixed, track and grain depot,
Soc; No. 4 mixed, do do, 3lc: No. 4, yellow, do
do 3l@32c; ungraded in grain depot. SOC; steam
eT G IN exp export xe eleTaso+ M Sac; & No: IN DO VS.
depot, SIC; No. mixed. March, 359s055,lc;
April, S55s8S5szc; May, 35s5s@S55sc; June, $3.50
363sc. Oats-Car lots quiet; No. white, 29c;
quiet; No. 2 white March. 2s5SQS1Sc; April,
2s5492914c; May. 2s19@2s5zc; June, 2S15@Sszc.
Eggs dull and weak: PennsylvaDis frsts, l41Sc.
Is-Wheat-Receipts Of wheat
for the day were 26S cars. with 20 cars shipped
out. Trading was extremely dull, No. 2 spot,
with buyers holding off to see the bottom of
the present break. They would lave bought
perhaps, at about &c concession. During the
early part of the session very little wheat was
taken for either shipment or milling but later
more of the buyers and sellers Ieconciled their
differences and considerable wheat changed
hands. The market was greatly depressed,
owing to the sharp decline in the general mar
kets as reported from other exchanges. Closing
quotations.: No. l hard, March. 761Sc; April
7634c: May, 79c; on track, 7114G78c; No. l
Northern, March. 75c; April, 7514c; May, TIC:
April T51zc; May, 76c; on track, 74@75Kc.
ST. LoUIs-Flour unchanged. Wheat lower;
the close was tame. with May Kc, June ssc and
July nc below yesterday; No. red, cash, 76c;
May closed at 769761sc; June. 76e, nominal;
lower; No. mixed, cash. 247sc; March closed
at 25c bidi April. 25A@25Hc bid: May 261sc
asked; July. nc bid; September, 2s334c bid.
2Oc bid; May, 261sc. Rye, no trading. Barley
steady; Iowa, 30c; Wisconsin, 45c. Flaxseed,
81 Al. Provisions continue firm and essentially
unchanged.
MILWAUKEE - Flour unchanged Wheat
dull: No. spring. on track, cash, T2@73c; May,
TIC: No. Northern, Sic. Corn quiet; No. 3
on track. 2715c Oats dull; No. white. on
track, 2216@22dc. Rye-No. l. in store. $3.50
43c. Barley steady; No. in store, 39l<c. Pro
visions firm. Pork, So Lard, S.. Cheese
steady; cheddars, 9%@l0c.
ToLEDo-Cloverseed active and lower; cash,
SO 20; April, So Is.
Metal Market.