Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-17
MARKETS BY WIRE.
Another FURRY In Wheat, Due TO Bad Crop
News-Corn and Oats More Ac-
tive-Pork Excited and

ably unsettled, and the action of the marker
took IN any of the operators by surprise. Inc
opening was about 12c lower than closing ny.
ures on Change yesterday influenced Dy a
rather bearish feeling, and assisted by the
weaker tone of European advices But patcn
OF bad crop news was received, winch, 10
eether with rumored export purchases at tne
seaboard, started an upturn in the marKeI ano
prices we're advanced &c for May, 29sc Tor June,
and 21sc for July above early INSIDE ngures.
then huc; uated somewhat and the closing Was
&c higher for May. ls4c higher tor June ana I14c
higher for July than closing figures on 'Change
yesterday.
There were a good many selling orders re-
ceived but the offerings for awhile were quite
heavy, but soon became absorbed under active
buying ON outside and local account Gall
forIIia parties are quoted as having bougnt
wheat here to-day for both June and July DE,
livery. prominent local trader was reported
as having been a tree buyer. The main factor
to which the advance in prices was due was
bad crop news: Advices from the central part
of Illinois stated that the wheat looked very
bad, and the Farmers Rerietc reported no I'M
provement in the growing wheat since Its last
report Few bad reports were received from
Indiana. The weather in the winter wheat dis
tricts was reported warm and showery.
Corn-There was a good general speculative
trade in this market, prices huctuat1ng ire
quently within 14@5sc range. Early indica-
tlons were Tor lower prices, but as the session
advanced the market manifested considerable
strength, which was not very well maintained
at the close. The influences that effected
values were in the main local. The market
opened about sc lower than the closing prices
OF yesterday, with the feeling rather easy. A
good demand then spranC up, large local
trader taking large quantities OF May, and
several commission men were free buyers, and
July prices were forced up &c. eased off Lc,
ruled steady and closed about the same as yes
terday.
Oats-At the opening operators were dis
posed to sell freely and produced weak feel
ing and prices receded sc. The decline in
duced free buying by shorts. The offerings de-
creased. stronger feeling prevailed and prices
advanced HGssc. There was also good buying
by several large operators, but on the advance
&erlngs became larger and prices yielded
little and the close was steady at N@l1lc ad-
vance for May, but about the same prices on
yesserday s r5 tor June and nd, July; June and July
Mess Pork-Quite an active business was
transacted and the market was greatly un-
settled. Prices f1uc.uated wildly and it was
almost impossible to satisfactorily fill orders.
Early sales were made at 50l0c advance. but
with little pressure to sell, a reduction of
lOG20c was submitted to. At the decline the
Later, the market was nervous and unsettled,
and prices receded 30@40c, rallied again to out
side figures, declined 40@45c and closed steady.
Lard-Trading was quite active especially
about the middle of the session. Prices ruled
rather weak early and a decline of 21z@5c was
submitted to. Later, the feeling was stronger
and prices were advanced l71a@20c but settled
back again, 21345c and closed steady.
Short Rib Sldes-An active trade was re-
ported and the feeling was firm. AT the
opening, the feeling was easy, and sales were
made at 59713c decline. Later, the demand
improved considerably, especially on local ac-
count, and prices were advanced l71dG2Oc on
the whole range. Later, the feeling was not
quite SO strong. and prices settled back 5@T1zc,
and closed steady.
The leading futures ranged as follows:
WHEAT-No. April. $685. 4@S51a9SS11c;
May. S614@Sg14 4@S61 40S911sc June S7@S95sQS7Q
s91zc; July, S43s@S634 4@S45sGS61ac.
SsEN May "a ssSsa.asaaRse; AaRs juls sssS
35gSSssc
oATs-No. 2 May. 2s1I@2sA@23A A@2s74c;
June, 2822s@2S11@2S5s@2311c; July, 25114G23hGS
1S OO@IS 40: June. sl3 2oaI4 OOSIS IolIs S.;
July SIS S5Gl4 05G13 15Ql3 6s
@ LARD, s4Rd, per 100 tbs:1May. s. 4o@96 $50
July S. 471aG6 65@6 45Q6 10.
SHORT RIB SIDES. per 100 bs.-Mav IS 504
721al5 419ep5 Is: June. S. 60@5 75G5 6O@5 70;
July, IS 60@5 S214@5 60@5 70.
Cash quotations were as follows: Flour firm
and unchanged. No. 2spring wheat. 8S@SS3sc;
No. spring wheat. 70Q7O1sc: No. red. SS@
$3.50; No. corn. Sl74c No 2 oats, 231f@2SAc
faxseed, 81 49. Prime timothy seed. 81 "a
Mess pork, per bbl. Sl3 S71&@1S 40 Lard, per
100 lbs, So 50. Short ribs sides Coose), SIS 600
. 20; dry salted shoulders (boxed), 81 SOG4 90;
short clear sides (boxed). S. SO@5 IS. Sugars
Unchanged.
On the Produce Exchange to-day the butter
WesterD was Tsak fancy nsy E5gs gdse finest
l21aGl5c: fine loQlsc. Eggs. lO15@llc,
NEW Y0RK-Flour held firmly. checking
business. Cornmeal steady; yellow Western,
81 1922 45 Wheat-Spot unsettled, higher and
quiet; options moderately active and s4@lc
higher, closing steady; trading local. Rye firm.
barley firm; Western nominal; Canada, COARSE.
Corn-Spot higher and quiet; light offerings:
options moderately active and &c higher. clos
ing weak. Oats-Spot stronger and fairly
active; options fairly active and firmer. Hay
steady and quiet. Hops quiet and easy. Coffee
Options opened steady, l0@l5 points down;
closed STEADY SOLO points down; sales. $3.50
June, l6S5Gl69Oc: July. l6.7Oc: Septen. ber, $50
@I6.40c; October. l6l0Gl6 l5c; November 1890
@l5;S5c: December. l5.sO@l5.S5c; February,
10. i aoci SPOT. isPot Rio dull and lower; fair car
Sugar-Raw moderately active and firmer:
fair refining, sc, centrifugals, $50 test, l-5@
5 l5-l6c; refined active and firmer; cut LOAF,
500 test, 2l14c. Rice strong and fairly active.
Cottonseed oil stronger; crude, 2802815c; vel
low, 34@S41ac. Tallow steady. Rosin firm.
rurpentlne dull and lower at 4lc asked. Eggs
fairly active and firm; Western. 121kG12Ac; re-
cetpts. 10,425 packages. Pork strong: mess,
old, So 259l2 80: do new, Sl3 75Ql4 90: extra
prime, Sll 90; cut-meats strong; picked bellies,
Middles tlrm; short clear. S. 90 Lard higher
and firm; sales $50 tierces Western steam, Sc so;
options, sales, 3, $50 tierces: April, Sc rs; Nav
s6 15G16 IS, closing at Sc IS; June, Sc IS; July
s6 S096 50, closing at Sc 89Q6 80; August, So 95
September, 81 90 bid; October, Sc 9S97 05 bid;
steady and in fair demand;
W estern dairy. 7@l6c; do. creamery, 10@ISc;
do factory. 4@lOc; Elgn, l915 @2Oc. Cheese
steady and in fair demand; Western, 915QlO1zc.
PHILADELPHIA - Flour-Market irregular.
Wheat, fair milling. demand for choice grades.
prices of which ruled firm under light offerings;
futures wholly nominal In absence of bust
ness; fair to good milling. S469Oc: prime to
fancy, 92@96c; No. red, April, S915D9Oc: Nav 80
Q90c: June. S9@90c: July. S6154SSc Corn
Dpened 3s@%c lower in sympathy with the
West, but at decline there was better inquiry
from shippers, and with reaction in other grain
centers this market closed firm; carlots for
local trade generally 4c lower, with only mod
crate demand: No. mixed, track 3515c; No. 8
yellow, on track, 39c: steamer, in export ele-
vator, Csc; No. . yellow. in Twentieth street
elevator. 4lc; No. mixed, April, SS6@39c;
May. .3S7s@39c; June, ,3S5s@39zc; July $500 395Sc
Oats-CarlOts held Nc higher, but advance
checked business; No. white 34c: No. white
held at 35c; No. clipped white 35c: futures
Iuet; No. white. April, 3215Q33c; May. 3I3l@
I2l4c; June, Sl15G32c; July, 3l15632c Eggs
ready and in fair demand; Pennsylvania firsts,
211Ic.
ST. lOUlS-Flour firm. Wheat higher. Nav
opened Nc lower. but July was steady. After |
fuctuation the market closed |
Iuiet with May, June and July sc, but August |
,nly 13c above Yesterday: No. 2 red cash, S60 |
SIC; May, Sf4@S65sc, closed at SEC bid; June. |
AZ @S6c closed at Soc nominal: july, lz@S35Sc
;osed at S31sc bid; August, Sls4@S3c, closed at |
2slc. Corn steady; No. 2 mixed cash, 29I5@ |
Q5Lp. Nav closed at 2g3Lc hid. lima 20c h,6. |