Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-06-02
MARKETS BY WIRE.

MARKETS BY WIRE.
Wheat Fevcrish With Some Remarkable
Fluctuations and Strong and Weak
by Turns-A Batch of sensa.
tioual Crop News.
cHicAGo-Wheat was active. The action of
the market was surprise and illustrated the
feverish condition of trade. The opening was
firm. influenced by the colder weather and
rather bullish news of some of the press re-
ports regarding the crop. But weak feeling
set in and prices after holding within narrow
limits for a while started on the down grade,
and declined N c. There was good buying at
the decline, and after lowering within Nc OF
bottom prices reacted and commenced to travel
upward. and with only slight fluctuations an
advance of SIC was established for July and
21S925sc for August and September. eased off
some and closed 2021sc higher July. 1ssc
higher for August and 115c higher for Septem-
ber than closing Thursday.
The sudden turn was attributed'to the rumor
that the Missouri State report had been is
sued and showed reduction of five points in
condition; also that the Illinois State report
made poorer showing. Many operators had
no doubt, sold on the theory that prices would
20 below 90c for July or touch that figure, and
the sharp advance was due in part to the COW
ering of short sales by these parties, as the
least sensational news created uneasiness and
excitement
The leading futures ranged as follows:
WHEAT = No. 2 May. s024@93QS9Ag925
s6s1ssoas9A Sp1s; asse9A@saessA@s274o' July slA@sa%@
:CoRN@ No. Z. May. 8sH@38M@8s @ss1Sc;
June, June sS1s@3S18@aS1s@SS5sc; July. Ss74ga41s@
6xTs- No Nav osi/0osl/0os1<098sI
MESS Pork, per Dbl. = June. sl3 25pl3 271115
al8 2215al3 211111: July, sl8 45@l3 4714@l3 a21z
LARD per 100 bs.-June, Sc 05@6 O2111: July
as 371l@6 35@6 37115.
& Suiy ESs s. ss2Sl@5 81 s2s@5 27105 80; September
Cash quotations we're as follows: Flour dull
and unchanged; No. spring wheat, 9211@9254c;
SS SS :pFng eS1s whsas s9 ss9SSSe Sa Ss Oats gsa
2 rye, 5519c; No. barley, nominal; No.
faxseed, 81 AZ; prime timothy seed, 81 80. Mess
pork per Dbl, $l3 2O@l3 25. Lard, per 100 lbs,
Dry salted shoulders (boxed1, IS lo@5 20; short
clear sides tboxed), IS 65@5 rs. Sugars, un-
changed.
On the Produce Exchange to-day the butter
l2@l2Kc.
We" vOhN-rlOuI weak ana quiet. COrn-
meal steady and dull. Wheat-Spot dull.
heavy and 1Sc down: options dull and 1s@5sc
down. Rye dull; Western, 591z061c. Barley
quiet; Canada, 6O@7211c. Barley malt dull.
&c off and steady. Oats-spot dull and un.
changed: options dull and easier. Hay steady
and fairly active; shipping. 4Oc; good to choice
65GsOc; Hops quiet and firm. Cofee-OpJions
opened steady, 10G30 points up, closed steady
lO@4O points up; sales, $500 bags including
June. 17.30@17.45c; July, 1705Ql7.20c; August,
16.90Ql .O0c; September, 16;75@l6.s5c; October,
Der. l5.sO@l5s5c; March, 167Oc; spot Rio firmer;
fair cargoes zoe: No. 7. fat bean, IS15c,
Sugar-Raw held frmer, quiet; fair refining
424@4 l3;l6c; centrifugals, $50 test, 7-l6@5Tc:
extra c, 53-l6c. Molasses-Foreign held firmly;
New Orleans quiet. Cottonseed oil dull. Tai
low firm; city (s2 for packages) &c Rosin
steady; strained common s9 to good 81 421@l 15
ern. 15@l54c; receipts. 624I packages. Wool
firm; good demand; domestic fleece. S4@36c;
pulled. 27@34c; Texas, 1s@25c. Pork quieI and
Cutmeats dull; picked bellies. 5HGSsc;
picked shoulders. 5@51sc; picked hams, sA@
loo. Middles dull and weak; short clear, &c.
Lard dull and 81 easy; cash, IS S2x options, no
ter quiet and easy: western airy. 6QlOc; west
ern creamery. 6@l4c; western factory. 4@l0c
Elgin, 1870. Cheese in fair demand, steady;
western, 7@Sc.
PHILADELPHIA-Flour dull and weak
Whes-Spot weak and unsettled; futures neg
ected and nominal; fair to good milling. SS@
32c: prime to choice, 9S@96c: steamer No.
-,ed -ed, In export elevator S2c: No red, May.
9sO55@sl1SSG1;; &C.; June, so74@slae; July slgs2e;
l@%c lower; car lots for local trade dull and
weak: No. ln,export elevator, S713c; steamer
n do. 3S15c: No. 2 yellow, in grain depot,
street %1sa n gsR depot R szpS4 sna
elevator 1870: No. mixed, May 393I140c;
Iune, SsA@4Oc; July, 4O14@4o15e; August. 4cA
g4l14c. OaIs-Carlots quiet and Nc lower; No. 8
Did; No. 3 clipped white. 3514c; No. white. 36c;
10. clipped, 3613c: futures dull and Nc lower;
No. white, May S5QS511c; June. 83114GS4c;
July. SS11@S4c; August, 3O4@3lc. Eggs dull;
tirsts, l5Hc.
BALTIMoRE-Wheat-W Western stronger; No.
winter, red. spot Sg1l; May, S91lc; July
ee Seecembel, 9s5%c. Corn Wsa Western easy: eSsy:
mixed spot 4oSe; 3Se; May, 4Os9c: June, 4oA@
SG35c; do mixed, 321S@3315c; graded No.
White. S4Nc. Rye steady: choice. 63G65c:
'rime. 6l@62; good to fair, 5S@60c. Hay quiet;
risions steady and unchanged. Butter steady;
reamery fancy. lac; do fair to choice. l3c; do
imitation; lO9l2c; ladle fancy. loc; do good to
hoice, s@9c; store packed, 5@7c. Eggs
trong; 15c. Coffee firm; Rio cargoes, fair, ,20c.
we're 22l ears. with "a cars shipped out. The
ash wheat market was very dull to-day, and
'rices were weak and lower, in sympathy with
he decline IN futures. There was no buying of
prominence, except by local elevator compa-
lies. at &c under July for contract grade Clos
ng quotations: No hard. NAV and June, Sa1Ic;
uly, 9lNc: on track. 9035491c; No. Northern,
day SS34c: June. S81lc; July, 90slc; on track,
0c; No. 2 Northern. May and June, SIC; July,
&c; on track, 86@S7c.
ST. lOUlS-Wheat advanced A0%c early, |
hen declined, later it went up and;down two or |
hree times and closed about &c above yester- |
ay; No. red, cash, Y5c; July closed at 9l5s@ |
lEc asked; December, 9334c. Corn steady ex- |
ept for June, which declined; cash, 3116c; June,
losed at 3l34c bid; July. 32ssc; August 3215c. |
)ats unsettled; cash. 28@30c; July, 261c; August,
434c. Rye epsier at 52114c. Barley-No market. |
flaxseed, 81 40 Provisions dull and only |
mall job trade at previous prices.
ClNClNNA1I-Flourq quiet. Wheat easier; No. |
red. S4@S5c. Receipts, 4.5O0 bushels; ship
nents, 5000 bushels. Corn easier: No. 2 |
nixed 35116c. Oats firm; No. 2 2S@29c. Rye |
asier; No. 2, 5SA59c. Pork barely steady at |
ID 90 Lard steady at s. rs. Bulkmeats and
aeon steady. Whisky firm; sales S91 barrels
nished goods on basis 81 Oh. Butter dull. /
sugar steady. Eggs firm at 1211c. Cheese
rn.
MILWAUKEE, Wheat firm; No. spring.
n track, cash. S9G9Oc; July, 9O1$c; No.
Jorthern, g5c. Corn quiet; No. 2 on track,
&c. Oats dull; No. white, on track, &c. |
Eye easier; No l, in store. SEC. Barley easier;