Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-04
MARKETS BY WIRE.

MARKETS BY WIRE.
Another WhIrI In the Chicago Grain Pit
Caused by Report. of Dry, Hot Weather
in the sNorthwesf-Pork More Active.
CHICAGO, August 2.-Wheat,Trading was
active and prices higher to-day. 1t was a sur
prise to most operators and the feeling was
very unsettled The opening was &c higher,
then eased off slightly, but the market soon de-
veloped strength, and with slight fluctuations
OF &c eased OF some and closed 15zc higher for
September and 251c higher for December than
closing figures Of yesterday. The sharp adj
vance in wheat was rather mystery, and the
reason assigned therefor was the advance in
corn, hot weather again in the Northwest and
the fact that operators got short on the recent
downturn.
Corn-There was heavy trade. A very nerv-
Gus feeling prevailed, though on the whole,
the market was stronger and higher prices the
rule. The advance was due to reports OF dry,
hot weather. Light rains were said TO have
fallen in Western Iowa and Nebraska, but the
weather was hot and clear in Missouri, Kansas
and Eastern Nebraska. The market opened
1HllHc better than the closing prices vester-
day. was easy for short time, selling on Zg75c
reacted again, rallied, ruled steady and closed
11a@l5sc higher than yesterday
OatseWere moderately active. Opening
sales were at ge advance and further ran.;d up
of A015c followed and the market closed
steady at net advance of ss9lc;
Mess pork-Trading was moderate. Prices
for January advanced 30QS5c, but were not
Lard-Only fair trade was reported. Prices
ruled Sake higher. and closed steady at out
side figures.
Quite a large business was transacted in short
rib sides. Prices advanced l211G15c, and the
appreciation was fairly well supported.
The leading futures ranged as follows:
WHEtT-No Anguss sssSs2eSSsSglSxr
ss5ssSss5 ~ ,s'emDsl'
sspss@ess szSss%aiszSs ASsi IL Nay, aS
0ATs-No. 2 August. s4@S4A@aa345sc;
September. ,s414e8i1s0a4@a415c; May. a74@
Mss Pcak, per Dbl.-Angnss 81 los2 so9ls s.1e 70
Ii 40; january. sll s5@ll s5@ll S0Qll 90
LARD. per 1U0 bs-August. S6 0O@6 00Q
s71g6 90; September; s6 I596 3ogS S l21d@
SHORT RIBS. per 100 Bs. = August. s5'O711@
2505 071SG5 2215; September, IS 20@5 4215@
2O@5 371a; October, s. 3O@5 5OG5 3O@5 M.
On the Produce Exchange to-day the butter
5maarlkSess market was steady and unchanged. Eggs
Cash quotations were as follows: Flour firm
and unchanged; No.2 spring wheat. 9lH09l11c;
No. spring 1 wheat s99s9e' 9 asa' N1 aasG' KS
rye. 5211c. No. 2 harley. Csc. No ! faxseed.
81 81. Prime timothy seed. 81 42@1 43. Mess pork,
per Dbl. sl2 90. Lard, per 100 lbs. s6 co. Short
shoulders ,tboxed}. IS s7SSGs 90. Short clear
sides (hoxed). IS 55@5 60. No. 2 white oats,
new. S5@35ssc; old. 561l937c; No. 8 do do, a4@
s4724c.; DID, 3531936slc.
Corn meal quiet and steady: yellow western,
81 5OG8 90. Wheat-Spot, higher, quiet and
unsettled: options excited and fairly active on
stronger Continental adrces and the general
1m. Rye r%; western, eess are 5sasoc Barley y
malt quiet; country SIC; city 05@s0c. Corn
Spot unsettled. higher, quiet and firm; options
advanced 2M@3c, closing 21s@254c over yester:
control by the leaders. Oats-Spot firm and
dull: options quiet and 12S@1Hc up. Hay dull
a8d @ steady; shipping SO@aOc; good to choice Is
opened steady, SOLO points up, closed steady
1e@l5 points up. Sales. 25,500 bags. including
August 17;e5e: september, 17.1Og17 zoe; oc-
January 1a6Oc: February. la5oc; May Is 4oc
Spot Rio dull, frmer; fair cargoes, 2Q14c;
No. z fat bean. lsss0ISNc. Sugar-Raw
fugals 96 test, 51z; refined sgenerally dull and
granulated in active demand; for
export &C. 4lS-l6@41sc: extra C., 1880
81; white extra y. 54g5 SIG; yellow,4 Y@474c.
quiet; common to fancy, 2s@45: Rice active and
frm ;domestic.55sc;J Japan. 6@61I. Cottonseed oil
irm; crude Soc; yellow, Soc. Iallow strong.
and quiet. Rosin dull; strained common to
good, 81 409l 45. Turpent1ne dull at:4l14942c.
Eggs dull and weak; Western, T@18c; re-
celpts. 4,266 packages. Pork firm: mess,
IlS oo@h 90; extra , prime s,,, $40 eo9le ; 50; cut
shoulders. 6a61I; do hams. 101d@lfc: middles
hrm and quiet; short clear, &c. Lard stronger ]
and quiet; Western steam. So 25; sales. ESQ
l6 IS; October, s6 5l@6 81; November, s6 65;
December, s6 90; January. s6 rs, Butter quiet, |
fancy firm; Western dairy, 6@l1c; do. creamery, |
Cheese quiet part skins. S851sc; Ohio fat,
,@6xc.
ST. LoUIs-Flour strong, but demand light |
md prices unchanged. Wheat-A good busi- |
trong. The opening prices were sake
higher, fuctuared irregularly, then advanced |
C previous to the noon call. relapse of Nc /
followed, but stronger feeling developed, and
prices shot up 1Hc or 31sc from the bottom,
eased off nc, rallied nc, and thed
leclined 1s@1lc, closing &c higher for August
md September, 27s@ac for December, and 2s1c
lie nominal; September. 92ssc bid; December. /
B5l@Ic; May, 81 0lA. Corn-Trading was
air, and the market continued strong. The
lsual discouraging advices forced prices up ~ |
02c from an opening that was 1Lc higher. |
yloslng rates were 7dG5sc from the top, and ~ |
121sc above yesterday; No. 2 cash, 46c; August,
&c bid: September, 475sc; October, 4S1sc: May, |
lAC. Odls-I1lSucI, ClbsIuk tOp IdLen, dAtcE
sharp advance. and H@l11c above yesterdays;
70. 2 cash. 351sc asked; August. 3434c bid;
september, 35c; May. 1880. Rye-Strong; No.
. SOC bid. Flaxseed lower, but more doing,
20. Provisions firm.
PHILADELPHIA Flour firm but quiet.
Wheat strong; options advanced a40l1lc: No. 2
ed, August. 9515@9554c; September, 96@9Glc;
october, 981IG961zc; November, 96lGy7lzc.
Of both spot lots and options ad-
anced 1@l1<c; No. 3mixed, in Twentieth street
levator, 53c; No.c3 mixed, OH track, 5S1c; No.
yellow, in grain depot. 53c; do: on track. 5315c;
70. mixed, in grain depot 5354c; do. on track.
70. mixed, August, 5211c: September, 523z@
Be; October. 5315@54c; November, 53054c. Oats
trong: prices X054c higher; No. white, regu-
IT. 3411c: No. white, Irregular. 431<c: No.
,hite, August, 39l<@3911c: September, $50
,s<c; October, 3S34Q39c; November. 3903916c.
,ggs scarce and firm; Pennsylvania firsts, 19@
lIc. r.,-
BAL LTIMoRE-wheat-west firmsr: No.
inter red spot. 9S14 4@9311c; August, 9Sl49s3Hc:
tptembsr. 941a@9l1lc; October. y5G95Ac; De-
ember, S7AG9sc. Corn-Western strong;
sptember. t21sGs218c. 0ats-Quiet<and arm:
Western whiie EG4Sc; do do mixed, 47c; i
raded, No. white. 4Sc; do do mixed, 47c. Rye
rm; choice, 5s@60c; good TO prime, 54G57e;
ommon to fair, 50@5Sc. Hay fairly active;
rime to choice timothy. Sll 004l2 so. Pro-
isions hrm. Butter active: scarce for fancy
oods. Eggs frm; very scarce at ic.
MINNEAPOLlS-Thec cash wheat market was
low to-day The water was out of the canal
nd local millers bought little IL any supplies.
. large part of the outside orders were limited
Glow the market. Those that were not were
BON filled. Prices were some stronger than
fytz No I he /