Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-01-04
MARKETS BY WIRE.

Good Speculative Movement In the Wheat
PIT, but Heavy Realizing Weakeus
Prices Corn Betier-Oats
Weak-Pork UnchanGed.
CHICAGO Fair speculative trading 10
day, and the market ruled a little un-
settled. Some of the large traders sold freely
during the early part Of the session, and as
there was no outside support, weaker feeling
set in. Besides, operators have of late felt
quite bullish, and were evidently pretty well
loaded with wheat from the smaller to the
larger traders. and some Of these, evidently
fearing decline, started to sell Hence, not
withstanding the generally favorable tone Of
European advices. and the encouraging infu-
ences which were presented, the market did
not respond to these in the manner it was cal
culated they would.
The market opened steady and advanced H@
&c, but soon weakened and prices started
down, under free realizing, declining &c, then
improved &c, ruled easier and closed about 10
lower than yesterday. A feature which might
be construed as favorable to holders was the
report that the elevator pIoprietors had con-
cluded not to advance rates of storage-atleast
not until July.
A very steady feeling prevailed in the corn
market, fluctuations showing but little change
compared with yesterday. A fair trade was
transacted early, but later the market became
quite lifeless. The market opened at yester-
days closing prices, changed but little, and
final quotations were q shade better than yes
terday. There was some buying Of May corn
for foreign account reported.
Oats were slow weak and lower, due to good
receipts, light demand, more disposition on
the part of holders to sell, and also to the con-
tinued weakness in corn. The only business OF
consequence was in May. but fluctuations were
hardly nc The near futures were neglected.
In mess pork there was only fair trade.
Early in the day the feeling was stronger and
prices were slightly advanced. Later, weaker
feeling was developed and prices receded 58
71zc. but toward the close there was more
steadlness, and the closing figures showed lit
tie change from those of yesterday.
Little interest was manifested in lard Trad
ing was chiefly in February and May. Prices
were without material change
A small business was reported in short ribs,
Prices were trife higher early, but the mar
ket closed easy.
The leading futures ranged as 1oIIoHs:
WHEAT-NO. 2 December. 771s9789T5s0
TIE; February. 7s97s1S97s9791sc; May, 500
GoRN@sNo. Z January, 2s7S@9sz@2g 4@sssSc;
oATs.No: January 2OA@2CA@2oH@2O1c;
May, 221s022H@2G215c.
MESS PORK, per bbL-JanuaTy. 50 1909 22149
8 15@9 c21S; February So 3D99 35@9 30G9 So;
May. 50 62%@9 7O69 6O19 671<.
LARD. per 100 SszJanga5y b. ia SIy g sO95 50:
as O596 O214G6 O5.
SHORT RIBS. per 100 bs.-January. 81 500
6O@4 55@4 %; February 81 677994 677494 621z
"a IS; May. "a S504 S544 p5G4 S5
Cash quotations were as follows: Flour
nominally unchanged. No. 2spring wheat, TIC;
No. spring wheat, 67Q69ei No. 2 red. TIC; No.
2corn.2s1c. No.2 oats, ,2OlS92O14c. No:2ry 4411c.
timothy seed. 81 II. Mess pork, per bbl, So 25.
Lard. per 100 lbs, s. 80. Short rbs
sides 9C%OSs g q g DRY saltsd shO1dss
81 9505 co. Sugars-Cutloaf, 715@Sc; granu-
lated, SIC; standard A, SIC. Receipts
Flour p 600 barrels: wheat, 43 600 bushels: corn.
bushels; barley. 1000 bushels. Shipments
Flour, 81 900 barrels; wheat 5000 bushels; corn.
234O00 bushels; oats. 22S 900 bushels; rye, I4000
bushels; barley. 200 bushels.
On the Produce Exchange to-day the butter
market was dull and unchanged. Eggs, l7c.
NEW YoRK-Flour firm and in fair demand,
COrnmeal steady. -Wheat-Spot firmer and
dull; options dull and unchanged to nc up and
steady; trading chiefly local Rye frmer;
firm; W Nestern, 6218c; Canada. 5S@72c. Barley
malt quiet; Canada, 70@S5c. Corn-Spos
active and unchanged to &c up and firm. Oats
Spot weaker; options moderately active and
nc lower. Hay quiet and steady. Hops 1rm
and quiet. Conee-OPtions opened dull; lOgl5
down to points up: sales, a, 500 bags, includ-
ing January I645@1555c; February, 15.45@
165Oc; March, 15.45@1560c; April 155O@
15.70c; May l550@l5.70c; June 1850
Is SOC: September, I55O@I5.65c; October, l55Oc;
December, 15.50c: spot Rio, fair cargOes, 1876.
Sugar-Raw frmer and in good demand; fair
refining, Sc; centrifugals, 96o test SIC Mo-
lasses-New Orleans steady. Rice steady and
quiet. Cotton seed oil firm. Tallow hrmerI
city. 81 for packages 4 lo-S2c Rosin dull;
about steady: western, ls9z@19c; receipts, g. l04
packages. Pork steady and in fair demand.
Cut meats dull; picked bellies, 5S515c; middles
quiet. Lard steady and quiet; sales, 25O tierces
western steam, S6 Is: options, sales l750 tierces
January, So Is bid; February, s. p; March, So 30
at 81, closing at So 81; May, So Al: July, s6 s.
Eigin, 2S529c; western dairy, S@lSc; do cream
cry. l3127c: do held, l0618c; do factory, 6QlSc.
Cheese dull; western, 60lOc-
PHILADELPHIA Flour dull and barely
steady. Wheat steady and very little in de-
mand; No. 2. 50055c; rejected at 55Q60c; fair to
good milling wheat, T8485c; choice and fancy
longberry, SS09311c; choice ungraded long
berry in grain depot &e: No. red. Jan nary.
S41Ic; April S43z6S511c. Corn - Firm local
trade, demand light and prices are Of low
grades, weaker, irregular and unchanged; No.
2 however, offered sparingly and firmly held;
No. yellow in grain depot, 29c: No. yellow
in do. 3263212c; No. mixed in Twentieth street
elevator, 3411c; No. 2 mixed and high mixed IN
No. mixed in export elevator, 36c: No. 2mixed
January, ,36Q361Sc: February. 361&@365zc; March,
36AQ37c; April. 37938c. Oats-Car lots dull
and barely steady; No. white. 29zzc; No.
graded clipped. 3011c; speculation tame and
futures beyond this month nc lower; No. 2
white, January, 2915@SOc; February. 29149
2951c; March, 29146gTc; April, 3O@301l. Butter
dull and irregular; Pennsylvania creamery, ex-
ira, 27028c. Eggs unsettled and lower; Penn
sylvania frsts 1S@l9c. Receipts-Flour, l,6O0
barrels; wheat 2,3O0 bushels; corn, Ia. 900 BUSH
els: oats, 10000 bushels. shipments-Wheat,
3sOO bushels; corn, 1900 bushels; oats, 5000
bushels.
ST. LoUIs-Flour quiet and unchanged.
Wheat the market was firm throughout and
the close was strong at yesterdays figures; No.
2red, cash, T72sc; J@an1ary,I7Hg7S1sc; January closed,
bid; July, closed at 7S1Sc bid. Corn weak; No.
3 mixed, cash, 254925ssc; January, 251zc,
closing at 251Ie asked; February, 261ke, closing
at 261sc bid; May, 2SA92SSsc, closing at 2Szsc.
bid; January. Ice bid Rye firm ct 429427zc.
Barley-Steady; Minnesota, 54@56c. Flaxseed,
81 30 Provisions quiet and essentially un.
changed.
MASSACHUSETTS, early demand for cash
wheat was not as ac We as it was yesterday.
Buysls we're apparently holding back hoping to
get brkter terms with sellers asking the pre-
yiooa days figures. The wheat was wanted
and latsr most Of it ht for milling purposes was
ceipts for the u hours were 30 cars. with ship
ments as cars Closing quotations: No.
] hard, January. soc; May. S41zc; on track, Sic;
No. l Northern January, nc; February; 7Sc;
January. S5c; February, 76c; May, 79c; on
track, 760777zc.
MILWAUKEE, = Flour unchanged. Wheat
Quiet No. spring on track cash, 75@76c;
May, 1910; No. Northern, SIZE. Corn steady;
white, on track, 41<c. Rye quiet; No. l
in store. 45c. Barley steady; No. z in store,
l7c. Provisions firm. Pork, 80 ~, Lard IS 80
Cheese unchanged; cheddars, 9091<c.
ToLEDo-Cloverseed dull and sseadys cash
- - auT<