Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-13
MARKETS BY WIRE.

uUAAA1 ~ ~ w xA0s
LOnga Unload and Weaken Wheat-Heavy
Trading in Corn and Oats, bat Prices
Not sustaIned-HOg Products
Somewhat Lower.
CHICAGo-Wheat trading was fairly active
and prices lower. The opening was about the
same as yesterday, and after holding barely
steady for a while, broke of <c under free
speculative offerings, reacted slightly. eased on
again and closed about nc lower than yester-
day. There was rather free liquidation on the
part of longs, even some Of the parties who
bought yesterday being reported as selling To-
day. Shorts took advantage of the weakness
and covered freely. The selling was quite gen.
eral, and there was no individual large buying.
Cables did not show much, if any, change,
and other inf uences were not Of character 10
cause special weakness, but there seemed to be
lack of confidence. Possibly the fine wealth
er may have had some effect but it is claimed
that the temperature Is lower in the South
~eSt: o,d ana tne signal St Service preciE1S cnnn
large speculative business was witnessed,
and the feeling prevailing was again easier,
transactions being at the lowest price so far on
the crop. The weakness in outside markets,
both Eastern and Western, and rumors of q
still further reduction in Western rates, made
operators rather nervous, and large quantities
lus
Louis were reported as heavy sellers. as also
prominent local trader. The chief feature OF
the session was the large lines of May corn COW
cred around SOHc. A good demand existed for
March and July, largely to cover shorts. On
the first signs of weakness a good many stop
orders came on the market, and executing the
same had still further depressing influence.
Oats-There was unusually heavy trading in
this market. A weak feeling existed for all
deliveries, especially for May, June and July,
and prices receded ss@Ssc. Slight rallies fol-
lowed the decline, but the market again became
easier. A short time before the close shorts
began buying freely-operators who had sold at
inside prices being anxious to cover-and prices
for May advanced Nc, and for June and July
&c, and the last two months closing at abOnt
the same as on yesterday, while May was &c
lower Longs unloaded freely, and most of the
day offerings were heavy.
Mess Pork-There was more doing than noted
yesterday, but prices averaged and closed
little lower all around. No good support was
given to the market, and speculative offerings
were increased.
Lard was offered freely for forward delivery,
and packers were fair sellers. The market was
weak, and closing figures 211c lower all round.
Short Rib Sides Speculation was fairly
active and the general tone weaker for all
futures, prices showing an actual shrinkage OF
2hQ5c.
The leading futures ranged as follows:
WHEAT-Noe 3 February: 751sQ751s97aH@
'VGfaS--St GoES@So. February, 28H@2X@2sH@
2s131e; May, SOsg@0O9S@ SSSO1lc; July. 8l1S0
o4Ts@No. Z February, 2OH@2O7<e0h@2O76c;
May, 292@2lsS92lssc: June. 2lA@2lH@2OX@
2lAc.
Sss s5Ss areS g zSS5 Ss 7dgs *? @
May. $40 0OG11O O211199 9099 05.
S3195 m oEs MsFeh SA1se,t g S259S SS5 S0S
SHORT RIBS. pc. per '0' iO0 Ss.Zfebruary. "a $50
4 1894 1901 rs; March, 81 721604 1904 T21lQ
4 rs: May, a S5sa4 S71l@4 S21f@[ S..
Cash quotatlons were as follows: Flour dull
and easier but not quotably lower. No. 2spring
wheat, 743zc; No. 3spring wheat. 63066c; No.
corn. 2S1Sc. No. 2 oats, 20ssc. No. rye, 42c.
No. barley, 65@57c; No. / faxseed. 81 SS.
e sd O'hy ~ SEED ar ~ ~ oo Ss pS5k 5 gsr S3
Short RIBS sides Qoose), "a 75@4 NJ. Dry
salted shoulders (boxed), unchanged; short
clear sides (boxedl. unchanged. Sugars, cut
loaf unchanged. Receipts-Flour, 1900 bar
res: wheat, 1000 bushels: corn, IA 900 bushels;
oats 14O, 600 bushels; rye, 5000 bushels: barley.
1900 bushels. shipments-Flour, 200 barrels;
wheat, 20,0 900 bushels corn, 2, 600 bushels; oats
$4,000 bushels; rye, 1900 bushels; barley, $4,000
bushels.
On the Produce Exchange to-day the butter
market was firm and unchanged Eggs, 1871
@l4c.
NEW YoRK-Flour weak and quiet. Wheat
and weak; general pressure to sell: Rye
steady; Western, 66@59c; Canada, 5Sc. Barley
steady. Barley malt quiet Corn moderately
active, ,A@hc of and easy; options fairly
active. H@1zc OF and steady. Oats-Spot fair
1y active; mixed weaker; options active and
lower. Hay weak and quiet. Hops in fair
demand and firm. COtfee-Options opened
6 6aTey ssssdy and 0nfs d 70 ~ POINTS POINTS
up: sales, 1850 bags. including March, 1880
16.00c; April 16.00c; May l59O0l6.0Oc: June,
l5.S59l5 9Oc: July l680@16 S5c; August. 1900
16SOc; September. 1670c; October, 670c; Noy-
ember, 1895; December, 1565@l5.7 7Oc; spot Rio
flrmer and quiet; fair cargoes, 1910; No. 2,
I2z@l7ssc. Sugar-Raw firm but quiet; sales.
test. SIC: 400 hogsheads Crab Island
concrete. 21<c @. !. f. and 500 hhds. do. Musca-
vado, 29Oc C. |. f.: refined firm and active.
Molasses-Foreign strong; New Orleans firm;
Tallow quiet, Rosin higher: strained, COM
mon to good, 81 25@1 HH. Turpentine firm
and quiet at 43G94315c Eggs quiet and easy;
Western, l47z@l5c; receipts, 1851 packages
Pork quiet and firm. Cutmeats dull. Lard
easier and quiet; Western steam, 50 20 asked;
options, sales. 1.250 tierces; February, So l6;
March, s. 1896 Is: April, So q; May, So 2S9
So 20. closing at So SS@6 4O Butter = Best
creamery steady; Elgin, 8@8Hc; western
dairy, SQl7c; do creamery. l2@2711c; do held,
8@l5c; do factory, 5QlSe Cheese nrm and
in moderate demand: western, SQlOc.
PHILADELPHIA-Flour weak. Wheat dull
prices of options A@71c lower; demand from
millers scarce and firmly held; rejected, 60Q
zoe; fair to good milling wheat 78DS5c; prime
to fancy western, SQ92c; No. red. in export
elevator, SOC; No. red, February. 600S014c;
March, 8l@81 hcSApril S2@S211c; May, SS@8S1zc.
Corn-SpOt and February ruled steady, but
futures beyond this month are lower; carlots
for local trade steady and quiet; No. mixed,
in grain depot. 32Hc: No yellow, in grain
depot, 33c; No. 3.offered at 3311c in export ele
vator; steamer No. mixed, in grain depot,
3615c quoted at 35@351zc, in export elevator:
No mixed in Twentieth street elevator. SIC;
No. 2 high mixed. on North Pennsylvania track
S7szC; No. 2 yellow, in Twentieth street ele-
March, 3554G351ac; April, S603671c; Mays 36H
@37c. Oats-Carlots firm, with fair local trade
demand; No. 8 white, 2915c; No. white, 301zc;
do on track, Bic; futures quiet and easier; No. 2
April. 2S54@29c; May, 2S%@2SHc. Eggs firm
and in fair demand; Pennsylvania lrsts, 14x
Q15c.
MINNEAPoLIs-The demand for good milling
wheat was fair, but at little lower price. The
receipts were 81 cars and shipments 20 cars
ers' purchases chiefly, though few outside
milers took soppe small lots, but complained
that prices were too high for them. Low grades
did not sell well. Closing quotations: No.
hard, February. 7611c; March, TIC; May, SS34c;
75c: March, 751Ic; May, 76szQ765sc; on track,
76c; No. 2 Northern, March, TIC; May, 1870;
on track, 82Q84c
MILWAUKEE-F1our dull. Wheat easy; No,
2 spring, on track, cash. 7lQ78c; May, 73c; No |
Northern, 80c. Corn quiet; No. g. on track, |
rye easy; No i, in store. 43c Barley quiet; No.
q in store 42c. Provisions easy. Pork So 20. |
Lard, IS 80 Cheese steady; cheddars, 9991Sc. |
ST. LoUIs-Flour unchanged Wheat again |
lower: No. mixed, cash, 755Sc; Nav, 783Ic: |
July, 74c asked. Corn weak; No. mixed, cash, |
25c: February closed at 25c bid;May 263S6261xc;
III, /o Data oh