Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-02-11
MARKETS BY WIRE.
BuIlish News Fails to Give Wheat a Lift
Corn Weaker-A sharp Decline
In Onts-POrk Active

Corn Weaker-A Sharp Decline
In Onts-POrk Active
and Easier.
CHICAGo-Trading in wheat was again
very fair to-day, and, while the feel
ing was inclined to he weaker, no important
change developed in prices. Fluctuations
we're confined within &c range. The opening
was about the same to nc lower than Satur-
days closing, and declined &c from outside
quotations. then held steady and the closing
was about Nc lower than Saturday. There
was no pressure to sell; still some of the promi-
nent local traders sold fair quantities. A local
commission having foreign clientage bought
moderately, and it was claimed the buying was
on foreign account
About all the influences except the weather
were on the bull side, but for some reason news
received did not have much effect upon values.
Foreign advIces were of favorable tenor. A
telegram from Kentucky was received report
ing wheat as far advanced as in April.
In corn good business was transacted, the
volume of trading being large and the feeling
developed weaker, the distant futures selling
the lowest so far on the crop. The chief weak
ening influences were large movement, large
increase in the visible supply and cut in rates
from Kansas points Of 10 per cent. The mar
ket opened a shade under the closing prices of
Saturday, was weak and gradually declined Il
@sSc, ruled steady and closed K@7sc lower
than Saturday.
Oats were fairly active, but weaker and low
er, especially on February and July, which
were offered with more freedom than buyers
care to take them, and sharp decline was the
result, the latter selling OF sc and the former
H6Ac. There was apparently an effort made
to break the market for May by selling July,
but the liberal purchases of the last named
month by an operator who has been the larg-
est buyer for some time past held the price for
May up.,
In mess pork trading was quite animated
during the first half of the session, but quiet
state of affairs was witnessed later.
Lard-The market averaged dull, fuctua-
ttons in prices being narrow and inconsequen-
tial, the deferred deliveries closing easier than
on Saturday.
Short rib sIdes-SpeculatioH was spasmodic,
and while there was fair trading early offerings
became light later, and there was quiet clos
ing, with the near futures 21&c lower.
The leading futures ranged as follows:
July, 771S@7H@76A@7676c.
ase; SSaSS0 NAV ssS5Ssgy S9fS sSSSS
oATs@No.2 2 February 9O11@0OK@ l@2O71c;
May. 224@22%@224Q2214e: June 2lA@2lAe;;
as oss fOhE 7S March Ref ss Ss s 7Ss s
May $40 l21<QIO l216@lO G215a1O O5.
LARD, per 100 Ds.-February, IS S214@5 S211c:
Msgch Sso11 s S7S@S s771@5 S5@6 IS; May So Od@
SHORT RIBS, per 100 Ds.-February, "a IN;
N March; y; s. 777&@4 777S@4 The4 TX; May
Cash quotauOns were as follows: Flour quiet
and unchanged. No. 2spring wheat, 7511@75ssc;
No. spring wheat 6S@7lc;No. red, 7515@7615c.
No. corn. 29sc. No. oats, 2015c. No. 2 rye,
4a21zc. No; barley, 55@57c., No: ! faxseed.
pork, per Dbl. 50 70 Lard. per 100 lbs.
IS S25% Short RIBS sides Qoose), 81 7714@4 80.
Dry salted shoulders (boxed), unchanged; short
clear sides (boxed), unchanged. Sugars, cut
loaf, unchanged. Receipts-Flour. 1900 barrels:
wheat, 1900 bushels: corn, 10000 bushels;
oats l31, 600 bushels; rye, 1000 bushels; barley.
wheat Zoo bushels: corn, b1sSeis oats, ats
lao 900 bushels; rye 1900 bushels; barley, 5000
bushels.
On the Produce Exchange to-day the butter
market was firmer, but not quotably higher.
Eggs, 14c.
NEW YoRK-Flour barely steady. Cornmeal
dull. Wheat-Spot weaker and quiet; options
dull. Rye steady; Western, 66@59c; Canada
5IQ60c. Barley steady. Barley malt steady
active, 9s@5sc down ana steady; free selling
Oats-Spot quiet and weaker: options more
active and easier: Hay quiet and weak. Hops
and unchanged to points up; closed steady
and unchanged to 10 points up; sales, 29, 500
bags. including February, 16.05c; March, 160O@
I6.IOe; April, 16OOe; May, I595@16OOc; June,
September. l5S0c: October, 1850; De-
demand; fair cargoes, ls5zc; No. l. i71z@l7Sc.
300 hogsheads; Jamaica Muscovado, so test,
41sc; refined active and firm; off "a" $40
1S-16c; standard "A" 8 3-l6c; confectioners'
TA.." IA" l5;l6ci powdered. 6 Ll6c; MOlssses-
Rice firm and active. COttonseed oil firm. Tai
low steady. Rosin higher; strained. zoe; COM
mon good, 81 l714@1 90 Turpentine irmer at
42442%c. Eggs 1rmer and light receipts;
Western, l4s4Gl5c; receipts, 2,62S packages
Pork quiet and firm; mess, old. $40 25@l0 rs;
do new, $40 75gl1 90; extra prime, SO 25@9 rs.
@ steam at s. i@s S Closing sir ssse at IS S op
tions. sales $50 tierces; February, So 16 March,
So 1906 20; April, Sc 25; May, 50 81; June,
70 81 Jg5y, 70 A. Butter quieS S1 and steady; FL
cry. l2@2714c; do held, 8@l5c; do factory,
5@l8c. Cheese quiet and firm; western, 8@10c.
MINNEAPoLIs-Ther receipts of wheat for the
past 48 hours were 2lS cars and Ii at Duluth.
Local shipments were 40 cars. The demand for
but soon fell off sharply and the market
dragged along slowly to the end of the session
with dullness about the only feature to it.
There was no improvement in the poor grades.
Country movement continues light. Closing
quotations: No. hard, February, nc; March,
TIC; May 79s4c; on track, TIC; No. 1
TIC; on track. 761zc; No. Northern, Febru-
a7ic. .''' -1A- '-' ''14'' --~ ''>S'' ~ A'
ST. LoUIs-Flour unchange1; the chief de-
within small range: opened lower, then re-
acted and closed 1-l6@Nc below Saturday; No.
@771zc bid; June, 771SG77Ic; July, 74N@745lc'
closed at 1910 bid. Corn active but lower;
No. cash, 255sc; March, 255S@254c; May,
26H@2716c, closed at 2634@2616; July, 277SGl2Sc
Oats stronger; No. 2 cash, 2lc asked; May
Rye dull; 4211c asked. Barley
slow; Minnesota, 53@5Sc.
MILwAUKEE-Flour dull. Wheat easy; No.
2 spring, on track, cash, 72@7Sc; May, 7S111c;
No. / Northern, SOC. Corn dull; No. 8, on
track. 28c. Oate quiet; No. white, on track
23c. Rye steady; No. 1. in store. 43115c. Barley
quiet; No. 2 in store. 1850 Provisions steady.
Pork, SO 70. Lard S5 so. Cheese steady; ched-
dars, cooke.