Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-10
MARKETS BY WIRE.
A Rally All Along the Line-Wheni, corn
and Oats Move Up-Increased Ac.
tivity in Hog Products.

SuuaOly 10 HI SnortS- ana a pToinihon' .
trader, who has been identified with the long
side, sold freely some placing the quantity at
2OOOOOO bushels. Outside orders also were
numerous, chiefly to buy
The market opened a trifie easer-about &c
lower than Yesterdays closing, and sold OH 1s0
Lc more, then commenced to rally, prices ad-
yancing lJ6c for May. 21sc for June, and Z79c
for July, ruled firm and the closing was lssc
higher for May, l5sc higher for June and lAc
higher for July than the closing figures on
Change yesterday. One of the principal factors
| on the market to-day was the Mlchlgan crop
report, which estimated the condition OF the
three tiers of counties at g. 20 and 10 per cent,
or the lowest ever recorded.
The reported failure of a house at 81. Louis
| and at New York helped TO unsettle
affairs I little. 1t was reported that the Call
| fornia crop would be about Ia OF last year s
| crop. There was good deal OF buying In
| anticipation of the Government report to-mor-
row making an unfavorable showing, and the
crowd apparently has got pretty well loaoeo up
with long wheat
A large business was transacted in corn, and
the feeling was little nervous, though, on the
whole, it was stronger. A very active demand
existed for May and July. more particularly the
latter month, and offerings were moderate and
readily absorbed. New York and ST. Louis
were said to be purchasing quite freely, and the
local crowd was also very urgent Tor May ano
July. The firm tone of wheat was the chief In
fiuence. The market was active and shade
little, became active. eased off and gradually
sold up I@l1sc, reacted some and closed A@1sc
better than yesterday.
There was an enlarged business done in oats
at higher range of prices. The supply of out
side buying orders was larger than has been
noted for months The execution of them,
coupled with only moderate offerings. and the
advance in wheat and corn and the good de-
mand for cash lots from exporters at advanced
prices produced decidedly strong feeling for
futures. and prices advanced AQlc, and out
side prices were well maintained.
Quite a good business was reported in mess
pork, but the feeling was somewhat unsettled
and prices ruled irregular. Opening sales were
made at 2Lc advance, and this was followed
with furTner improvement of 215@5c. After
the orders were provided for offerings were
slightly increased ard prices receded I139lOc.
Prices rallied 21aG5c, and the market closed
comparatively Steady.
More life was manifested in lard and the feel
ing was stronger. Prices on the whole range
were advanced 5@714c and the market closed
strong at outside figure :
Trading in ribs was quite active and the feel
Ing was firmer.
The leading futures ranged as follows:
WHEAT-April, No. z SO14GSlH@SOll l@Sl1sc;
MAY sI1s9S25 gSo5fS9sS5fc 5u9e slSSSSd@
GoESNSo G April sS5 s5 1855 May,
Sl@32G3O56@Sls4c; July. 3214 g3314 gS21s s@321sc.
OATs-No. 2, May. @25s@2234 4@2234ci
June, 22A@22s34c; July. 2S@2S3z@ 3z@zS925s4e.
10 621S@lo 70: June, $40 SOgiC 50; July, $40 80
LARD, per 100 Bs-May. So 1895 2215@6 IN
@6 20; June. s. 2215G6 25Q6 22]z@6 Is; July.
SHORT RIB SIDES. per 100 bs.-May. IS 2OQ
5 25@5 1895 Is: June. IS 25G5 3O@5 Esq
80; July, S. SO@5 S71a@5 2715@5 S715
Cash quotations were as follows: Flour
dull and strong. with slightly higher prices
asked. No. 2 spring wheat Sl1a@S2c: No. 8
spring wheat 64G66c: No. 2 red. Sl151Sl7sc. No,
2corn. Bic. No. 2 oats. 231ac. No. 2 rye, 44c.
PG Da5sy mStby seea 30 ness 81 eS e.
$40 6O@lO 6214. Lard. per loo lbs. s6 l596 I7155.
Short ribs sides Cloose), IS 25; dry salted shout
ders (boxed), 81 50@4 co. short clear sides
tboxedl: s. 6O9S g. Sugar-Unchanged. Re-
ceipts-Flour, 2l,000 barrels: wheat, 1900
bushels: corn, 30l. 600 bushels; oats, l29 600
bushels; rye 5000 bushels: barley. 81 900 bushels
Shlpments-Flour. 1900 barrels: wheat, 1900
bushels; corn, 565,oO0 bushels; oats 24S0OO
bushels; rye. 1900 bushels; barley, 10000
bushels.
On the Produce Exchange to-day the butter
market was weak. Fancy Elgin creamery,
l91a@Nc: finest Western, lS@ l9c; finest dairies,
lS@2Oc Eggs, l0hc.
and active. Wheat-Spot firm and 1@1Hc
higher, the advance checking business; opnons
excited and remarkably large business, closing
l@IAc above yesterday. and strong on a Mich
is the lowest in years, and active
covering Of contracts: Rye firm; Bar;
ley hrm. Barley matt STEADY: Canada, 75@
higher; options fairly active: &c higher and
firm. Oats-Spot stronger and fairly active;
options fairly active and A@3zc higher, closing
weak. Hay steady and quiet Coffee-Options
opened steady: 5@l5 points higher; closed
barely steady; unchanged to 10 points down;
quiet; sales, 39 $50 bags including MAY, l755@
l7.65c; June, l735975Oc; July, l7.So9lz S5c;
august, Isi0gla Jog iSc; septeTber I6s59l9c;
January, lG359l6.4Oc; February. 63Oc; spot
Rio steady and quiet; fair careoes
2O1ac; No. fat bean, l99l91sc. Sugar-Raw
weak and firm refined dull and easy Molasses
Foreign dull; New Orleans steady. Rice in
good demand and firm. Cottonseed oil strong.
Tallow quiet. Rosin firm. TurpentIne steady
at 4S94S15e: Eggs in fair. demand and firm;
Western. llA9ll15c; receipts, S,542 packages.
Pork quiet and firm; cutmeats strong; picked
bellies, 5@5szc; do shoulders. 55sc; do hams 10c;
middles frm; short clear, &c. Lard quiet and
firmer: cash. Sc 50 sales $50 terces at s6 471S@4
6 so: options, sales $50 tierces; April. S6 50;
May, Sc 1895 So closing Sc so; June, s6 IS; July
S6 81; August, Sc IS; September Sc "A; October,
S6 7S., Butter, large supply and irregular; West
ern dairy. 7@l3c; do creamery l0@lSc; do held
564llc; do factory. 4Ql3c: Elgin 2Oc. Cheese
firm and in fair demand: Western. 1OQl03zc.
PHILADELPHIA - Flour frmer. Wheat
strong and higher, with a good demand from
millers; rejected 65G73c: fair to good milling,
SO@s6c; prime to fancy. SS@93c; No. 2 red, April,
S613@lS7c; May, S61S@S7c: June, S7GlS9c: July
S5@S6c. CONCEPTIONS firm and higher: car
lots tor local trade firm with good demand;
No. low mixed in grain depot, 3l1Sc; No
mixed in depot, 33@331zc; No. high mixed,
34c; No. high mixed on track, 36c; steamer
No: high mixed on track, BIC; steamer No 2
yellow on track, 3716c: No. yellow in grain
depot. 393c: No. 2 mixed. April, 374@373sc;
May. S714@3734c: June, 3S@3s11c; July. 3S15QSSc.
oats-Car lots firm; No. white, &c; No.
white in grain depot. 93c: No. white clipped,
white. April, 31115G32c; May. S9s4@3iIlc; June,
S03s93U34c; July, 3O11G3034c Provisions in fair
demand and steady. Lard-Western steam.
Sc 50@6 6216. Butter dull and unsettled: Penn
sylvania creamery extra. l9@2Oc; do prints ex-
ira, 2693Oc. Eggs dull and weak: Pennsylvania
frsts, l2c. Receipts-Flour. 200; wheat, $500;
corn, lu7, 800; oats $500 Shipments-Wh heat
5000; corn, l97. .20O; oats, IL, 400.
MINNEAPOllS-The posted receipts of wheat
for the day were liz cars, with 40 Slipped out
The offerings of cash wheat from the sample
tables were comparatively light and with
fairly active demand for good milling wheat;
such lots went off quite readily. Prices were
stronger. having been worked up notch
through some competition among buyers and
the advance in the futures market. Local
mIllers were the best buyers. though some lots
were taken for outside points. No improve
ment is noted in low grades Closing quota
SS34c; on track, Sl15@S2c; No. 1Ncrthern,
April, SO15c: May, Sic; July, SEC; on track,
No. 2 Northern. April, &c; May,
7Sc: July. Soc; on track, T@7Sc.
ST. l0UiS-Flour firm and higher for hest
grades; choice, 81 7592 90; fancy. So 5O03 so;
extra fancy, S3 9Oa4 10: patents, 81 3O@4 a.
Wheat-Cash active and higher, both for ex-
port and home use; EOS. 900 bushels taken for
cited and higher: bad crop reports and large
buying orders took May l14c. July &c and Au-
gust PIC above yesterday; May closed at Slssc:
July, 1896; August 7g1Ic. Corn higher and
29ll &c: July. 3Oc; September. Slc DomiDal Oats
Cash 22lIc: july 23lIc. Rye firm at 4ll5GD42c