Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-03-19
MARKETS BY WIRE.
Whent Active, but Shows a Lnck OF Back.
bonc-The Reaction Caused by Large
Receipts and OfferinGs-Pork

|
upturn of &c, which again gave way 70 oe-
cline of yale, rallied ssG%c. ruled easier,
and closed about &c lower than yesterday
Trading was rather scattered, and Included
| fair outside business with few foreign oroers,
some of which were to sell. Early In the oay
traders felt rather bullish, but later many ieit
little uncertain and some inclined 10 oe on
the bear side, while others. although not 1aVor-
| ing short selling, were not inclined to ouy on
the recent advance.
There no doubt was a disposition on the part
OF the more conservative traders to await a
warmer weather and see what the actual dam
age has been to the growing wheat. Eariy IN
| the session there was rather free selling, but
several of the prominent traders turned buyers,
which started sharp advance, but at the ad-
vance there was heavy realizing, some OF the
early buyers being the heaviest sellers.
Corn was quite active at times, the market
ruling little irregular, the feeling early being
quite strong but later reacted, losing most OF
reports of wet weather in the West, and to the
fTmer tone of wheat. Offerings were ratner
limited, and buying scattered. The reaction
later was influenced by the larger receipts and
increased offerings by receivers. Receipts at
II points footed up l. 229 500 bushels. and the
shipments 99l 0OO bushels. The market opened
a shade under the closing prices of yesterday.
was easy for time and sold off little, became
firm and advanced &c, reacted, declining 20
&c, ruled steady, and closed q shade lower than
yesterday.
oats-There was fair volume of business
with higher range of prices. The strength
was due to the better feeling in wheat and
corn. The offerings were not particularly
large and the demand fair, and prices ad-
maintained, as weak feeling developed the
last l5 minutes. Offerings became free and all
the advance was lost.
Mess Pork-Quiet; an active business was
lor
The feeling was rather unsettled and especially
during the early part OF the day. Oherlngs
were fair, and opening sales were made at 2139
&c decline. At this reduction a good demand
prevailed-credlted to the short interest. Later
more quiet feeling was developed, and prices
receded loGl5c, and closed comparatively
steady.
Lard-A fair trade was reported and the feel
ing was steadier. Opening sales were made at
about yesterdays closing figures. but fair de-
mand later tended to strengthen the mari ket,
and prices rallied 5G71tc Toward the close
the feeling was easier, and the advance was not
maintained.
Ribs-An unusually brisk business was trans
acted, and the market developed considerable
strength about the middle of the session. Shorts
bought freely and several rough lots changed
hands, including one lot Of l,60e,OOO ms for
May delivery. Prices were advanced 5@I1ac,
but settled back again PIC, and closed CON-
The leading futures ranged as follows:
WHEAT-No. 2 March, 793z@so11 1@7914G79l5c;
ea1HIIS NAY, oo1sGSOAg1s7sS7S24e; July 7SAU's9"%
CoRN-No. Z April, 2s@2g4 4@2sa2sc; May,
SO@3OA AG297s@291c; July. SlA@Slss 9sl6Slc,
OATs-No. 2 March. 2l@2l@2l42lc; May.
2sFsSsHssS FagH az SS JSns s SlS g
clio S21a@lO S2166; May, $40 45;June $40 4a
LARD, per 100 Ds.-March. s6 05G6 1895 05@
$40; May. s6 071s@6 l5G6 071aG6 l21a; June,
% sT6sT sP sS Rfss. i4eS PEI 100 Ss-Maren IS u5a
O71S@5 0595 O71f; May. SIS O5@5 l251Q5 05@
10; June. S lOa5 1895 logs l21S.
1s and N as spns rhes
79g79}2c; No. spring wheat: 72@75c; No. 2
red. I99191ec No. 2 corn. 2Sss82ScA. No.
oats, 2O54G2lc. No. rye. 42Sc. No. 2Darley
thy seed, 81 2lGl e. Mess pork per bbl. SO 3719
@l0 50. Lard. per 100 lbs. Sc O714a6 10. Short
ribs sides Qoosel IS 0515 10; dry sated shoulders
s 45@5 So sugars-Cut loaf unchanged:
Receipts-Flour. 1900 barrels: wheat l4,OO0
bushels: corn, $4,000 bushels; oats, III, 600
bushels; rye. 1900 bushels; barley. $1,000 bush
1900 bushels; corn 232 600 bushels: oats 243 900
bushels rye 900 bushels; barley, 43 0O0 Bushels.
On the Produce Exchange to-day the butter
market was unchanged. Eggs l3c.
NEW YoRK-Flour dull and unchanged.
Cornmeal steady. Wheat-Spot dull and ir-
regular, closing easy: options fairly active. &c
down and weak. Rye firm; sales 10000 West
ern at 57G57Rc. Barley dull. Barley malt
ately active, Ic down and steady. oats-Spot
hrmer and fairly active; options more active
and firm hay quiet and steady. Coffee
down, closed firm, 10@20 points down; sales,
10000 bags, including March. lS00c; April,
l7.5OglI65c; May, l1.3OGl:.5Oc; June, E.l5@
September 1665g16SOc; October, I6.5OGl6. SOC;
December, l6.25@l6. 45c: January. lG.l0@l615c;
spot Rio easier and quiet: fair cargoes, 201c.
Sugar-Raw steady and quiet: sales, 345 hhds;
Tnf n n niaf 40 sic A III 1Zn. I'D
&C; confectioners A S 15l6c: powdered exc;
granulated. 6 5-l6c; cubes, 6 7-l6c Molasses-
Foreign weak; 500 test, 221s@23c; New Orleans
steady. Rice in far demand. firm. Cotton
pentine quiet at 4S1lc. Eggs fairly active,
steady; Western, l414c; receipts 1853 pkgs.
sll 50@l2 90. Cutmeats firm; picked bellies,
5G55sc; do shoulders. 41%@45Sc; do hams, $40
&c. Middles dull; short clear, IS 35. Lard
$50 tierces; options, sales, 800 tierces; April,
Sc a; May, Sc AZ closing at 81 1906 A; June
Sc AZ, closing at So 49, July, Sc SO: August, Sc S.
September; 50 60 .aia asked oc5oesr s. 68 asked
6@lSc; do creamery, 1SG26c; do held, s@l5c; do
factory, G@l9c: ElGin, &c. Cheese firm, moder-
ate demand; Western. l041Sc.
PHILADELPHIA - Flour steady. Wheat
good milling wheat, 71QS2c; prime to fancy.
S5G9lc; prime western do in grain depot, S5@
S51%c; No. 2 red March. S49S415c; April, S41I3
S5c; May, S511@S6c; June, S514@S6c. Corn
steady: inquiry for export but business re-
stricted by light offerings and continued strong
views Of sellers. Lots for local trade in fair
request and steady. No. 4 eS@3Oc; No.
3 in n. Girard Point Sa4e; steamer in
grain depot 3557c: No. high mixed track and
grain depot SIC: No. 2 mixed in export eleya-
tsr 36c; No. mixed, March, 357s@36lsc; Nav
36G361Sc; June, 361l1S65lc. Oats-Garlots
steady; No. 9 white, 2yc; No. 2 white, Soc:
do choice S04c; futures quiet but steady; No.
white, March. 293S@295se; April. 291s@2aszc;
May, 2S1592sAc; June, 2S14@29c. Eggs quiet
but steady; Pennsylvania firsts, lac.
Observation-Disclosures of wheat for the
day were 1873 cars with shipments of Is cars.
The demand for cash wheat was fairly active
and most of the samples of good milling
variety were disposed of. Local millers were
not free buyers as usual, but considerable
No. l Northern was bought early by elevator
companies at about a cent under May. The
range of prices was about Nc above those
obtained yesterday for similar grades. Some
samples of winter wheat were offered but hard
to dispose of.
ST. LoUIs-Flour firm and unchanged
Wheat opened steady, but bad crop reports
good buying and other influences aused an ad-
vance of M@lc amid considerable excitement
Free selling then set in and the market broke
and under strong bear raid prices fell 1@l11c,
closing z6l34c below yesterday; No. 2 rec, cash
sold at 7S6I1S1Sc, hut closed at 77esc bid; May
7715@7S15c, closed at 779sc bid; June, 775s@7S1Ic
closed at 772s@7711c; July. 751s17614c closed