Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-04
MARKETS BY WIRE.
Increased Activity In Wheat and Prices
FractIOnaIly Higher-MOre Interest
Taken In Pork With Trading
Chiefly in HTaH

Chiefly in May
CHICAGo-A fairly good business was trans
acted In the wheat market to-day on specula-
tive account The opening was the same as the
closing on Saturday, advanced NQ5sc, receded
to inside prices. ruled stronger and closed ssQ
15c higher than Saturday. There was gooc
buying at the inside prices not from any par
ticular sources and at the top prices the specu-
lative offerings were quite large, sufficiently SO
to prevent further advance.
Corn was traded in to fair extent, the mar
ket ruling moderately active at times. The
feeling developed was weaker and transactions
were again at lower prices. The chief weaken
ing influence was the rumored cut in rates
from Kansas and Nebraska points of 5U7c per
loo pounds, which has been anticipated by
many for several days, but to-day the selling
was quite general, receivers and warehouse
men selling quite freely, as receipts are ex-
pected to increase. The cut would make the rate
from Kansas City l5c. The rumor lacked con-
firmation, but as considerable stress has been
brought to bear on railroads in that section
many operators inclined to give it credit.
Oats were fairly active, stronger and H@14c
higher on the deferred deliveries IN which the
rading centered. There was good buying OF
May by three large houses, and prices advanced
to 211@225sc. AT the top offerings increased,
and the market held steady until the close.
The traders paid little attention to February
and March and the advance in other months
had no effect on them.
A moderately active trade was reported in
the market for hog products with the inter-
est mainly in pork. The report of the stock on
hand showed an increase of about 81 per cent
in the aggregate supply, and this was regarded
as a weak feature. On the other hand, the re-
0f OenarallV n
ticipated with prices higher for the best grades.
and this checked the speculative offerings to
some extent. Trading was chiefly in May. In
quiry on shipping account was rather light
moderate at about former prices.
The leading futures ranged as follows:
WHEAT-No:2 z February, 747s@75Ac;Ma
77sszS7S%S7g2SsSzasg8e' 7szss SSs 2sszg8s' May 'SSS7s07S1S
GoRN-No. Z February, 2SA@2SA@2S%@
2Sssc; March, 2ssk@295Sc; May, 311z@Sl1{9alN9
0ATs-No. 2, February, 2c: May. 227s@22h
@225s@2215c; June, 221s@224 4@221S@221Sc.
MESS PORK, per bbL-February. 81 85@
9s5; March 50 SO@9 9271@9 sO@s 921z; May,
SO C17@lO 2O@IO 0715@1O III o. ooas 0za
t4s5 ss gsF RaoS 10 s sS & Sas Z SoSs g
@S O5@6 O21z96 O2775; June, S6 1895 OH.
SHORT RIBS. per 100 Ds.-Febuary, 81 500
ga 80; March, $4 SO94 S274G4 SO94 S21S; May,
Cash quoIauons were as follows: Wheat -four
steady and unchanged No.2 spring wheat 1870;
No. spring wheat. 64@72c; No; 2Ted, z51sc, No.
s S. s prm6 9nS'y tnosEy So' seed SG s. fAsG Is Mes:
pork: per bbl So $500 S715 Lard per 100 lbs,
s S .,,ta Short .tord6s RIBS 69so sides pS4sss 81 A s.
short clear sides (boxed), IS 0O@5 05 Sugars
Cut loaf. 7A@Sc; granulated. SIC. Receipts
Flour, 10000 barrels: wheat, $1,000 bushels:
corn, III 900 bushels; oats, l7SOOO bushels;
ments Flour, 1900 barrels; wheat, 10000
bushels: corn, 200 bushels oats, l6S 0OO BUSH
els; rye, 1000 bushels; barley, $1,000 bushels.
On the Produce Exchange to-day the butter
market was quiet; creamery, l6@26c; dairy, To
&c. Eggs firm at l29121ac.
NEW YoRK-Flour dull and heavy; spot
stronger and dull; options moderately active
at K@3Sc up and firm; local trading. Rye
steady. Barley strong Barley malt firm. Corn
options quiet and LQIc down, closing steady.
Oats-Spot quiet and unchanged; options
steady and quiet Hay steady. Hops quiet
and hrm. Coffee-options opened steady and
unchanged to 10 points up, closed barely steady,
54l0 points up; sales 20 $50 bags. including Feb
ruary, 15.90c: March, 15.80Q15S5c; April. 10 76c;
May, 15.7o@l5s0c; June, l575c; July Is 7OGl57 75c;
August, 1575c; September, 10. zoe; October, 1850
1670c; November, 15.6Oo; December, l5.55@
I56Oc. Spot Rio quiet; frmer fair cargoes,
1870; No. Z, T@l79c. Sugar-Raw quiet
and firm; ren1ed; "a dun % ana weak & on a, S4c;
New Orleans. quiet. Rice steady and quiet.
Cottonseed oil more active Tallow easy: dull
city (S2 for packages), Bloc: hosin quiet;
strained common to good, 81 2OQl 2215. Tur-
pentine dull and lower at 49Q4314c. Eggs
quiet and weaker; western, 13A@14c; receipts,
1852 packages. Pork quiet and firm; mess,
prime, 50 5O@lO 90. Cut meats quiet and easy;
picked bellies. $3.50; picked shoulders, 41c.
Lard, spot stronger; options dull; western
steam, $6 20; sales. l,25O tierces; options, sales
asked: April, s6 80; May, s. S6; closing, S6 SO
asked: July, s. 49 asked. Butter quiet; firm
for fancy creamery; Elgin, 2S1zc: Western
dairy, S9lSc; do creamery @ i2glSSz5c; S5 DO held.
demand; Western, SQlOc.
PH1LADELPHIA-Flour weak and unsettled;
western winter, clear, So 1894 90; western do,
straight, 81 1904 S5; winter patent, "a 1904 80;
Minnesota, clear, So 1904 90; do, straight,
34 S a sady. gUTH Io ch01oe ds%anS FOG
choice and fancy grades, prices of which ruled
firm; options dull, nominal; prime ungraded,
in grain depot SSc fancy GsHog IsSHDgOerEy in grain
milling wheat 7s@85c: prime to fancy do at S7@
Slx@s2c; April, s221@Salc; May, S54Gs4<c:
mixed psrOHi on track, 8Sc; No. I mixed
on track, s4c; No. 2 mixed on track
SIC: No: high mixed in grain
SsRSs s&s & dS e tsnSR nlsn 81 SS R1sS a1s
May, 384@39c. OatsNCar tots firm
under good demand No. white 2S75c; No. 2
white, 2916c; futures quiet but steady; No;
April April 2S%S2s1se: Nay, 3la2s1c. Provisions P4i
quiet but firm. Pork-MesS, new, Sl1.50@1200;
prime mess. new, $lL00; family, sl25O9l30O
goods firm and in fair demand; Pennsylvania
prints, extra, 20c. Eggs steady; Pennsylvania
firsts, 1311c. Cheese firm; part SKINS 6x@Sc.
700 barrels; wheat, ZOO BUSH
oIo.0 hT1Gh
Shipments-Wheat. $500 bushels; corn, $500 |
bushels; oats, Is, $40 bushels.
ST. LoUIs-Flour steady and unchanged. |
Wheat-Big receipts here and in the Northwest |
caused lower opening, but later the large de- |
crease in the visible supply and export buying |
in New York sent prices up, and the close was |
I63Sc above Yesterday; No. red, cash, 1910; |
Nav, T7ssQ7734c closing at 7724c bid; June, 771S
@773lc closing at 775sc; July. 7415@75c. closing
at 75c bid. Corn followed wheat, opening |
shade off but reacting and closing firm; No. 2 |
cash, 2615c; March 26sS@2654c; May, N5SQ27Sc. |
a actSn SetsT oHt RTe eaSy en;s No
cash, 4213c bid. Barley steady; sample lots of |
Wisconsin. 4S05Oc; do Minnesota, 55c. Flax |
seed quiet at 81 25@l 30. Provisions frmer. |
Pork, $40 25 |
Observation-Disclosures of wheat for the |
past 4S hours were 2OO cars; local shipments |
for the same time were "a cars The demand |
for cash wheat, of good milling varieties. was |
fair, and prices obtained were shade lower |
tndu SATURDAY. TooE HneaL was nOb III an! |
better demand than it has been for some time |
past. Closing quotations: No. hard, Febru- |
airy and March, 7Sc: May SO15c; on track, 7S0 |
7SHc; No. Northern, February, 7519c; May, |
761zc: on track, TIC; No. Northern, February, |
re; March, TIC; May, 1910; on track, 73Q75c. |
MILwAUKEE-Flour dull. Wheat firm; No. |
spring, cash, 72Q73c; May, 1870; No. North
ern, Sic. Corn steady; No. g. on track 2Sc. |
0ats steady; No. 2 white. on track, 22Ac. |
Rye quiet; No. !. in store. 44c. Barley steady; |
n. n Provisions firm
o S771. Lard, s. S21S. Cheese unchanged;
cheddars, 9@91Sc.
BALTIMoRE-Provisions steady and quiet.
unchanged, others weak; west
ern packed, l41lSc; best roll. 169lSc; cream
cry, 24@27c. Eggs steady at l3c, Coffee firm;