Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-29
MARKETS BY WIRE.
Wheat and Corn Continue Their Downward
Movemenf-Onfs Active ON Covering
by Shorts-Porlx Loses Ground
Lard and Ribs Steady.


Movemenf-Onfs Active ON Covering
by Shorts-Pork Loses Ground
Lard and Ribs sstendy.
cHIcAco-wheat-Free liquidation had
depressing effect upon the market to-day, and
prices were nearly &c per bushel lower for
December at one time than the highest figures
reached yesterday. The opening was A0ssc
lower than yesterdays closing. and soon ruled
OF Hc more, then rallied &c, but free offerings
again created weakness, and decline of 21ac.
then ruled steadier and closed about &c lower
for December and &c lower for May than yes
terday.
Corn-The weakness that was manifested In
this market yesterday was continued. and still
lower prices were established There was some
covering by local shorts early, which had ten
dency to sustain prices, as also the buying OF
large speculator. Offerings tecame heavier asthe
session advanced, and the only support being
taken from the market prices ruled weak and
declined with very little reaction l1s0lNc, raj
lied some. ruled steady and closed with loss
Oats-rhe market was active with trading on
more extended scale, with a wider range OF
prices; An unsettled feeling prevailed, es.
pecially in August, which, after an advance of
&c on covering by shorts, weakened and de-
clined Nc. The other futures opened easy,
and, after slight decline at the opening. be-
came stronger and advanced M@5sc. The de-
cline In wheat and corn, also the heavy selling
by several of the largest traders, produced
weak feeling and prices receded 5s9lc, and the
market finally closed quiet at almost inside
figures.
Mess Pork-A fairly active trade was re-
ported with a weak feeling during the greater
portion OF the session. Offerings were moder-
ately free, especially of the deferred deliveries,
and the inquiry was fair and chiefly from local
shorts. Prices on the whole range ruled 20@25c
lower, and the market closed quiet at about in
side figures.
Lard-Trading was moderate. Early the
feeling was steady with moderate offerings and
fair demand and prices were fairly we'll sup
ported. Later there was more pressure to sell
and an easier feeling was developed, accom-
panied with decline of 5G715c. AT the reduc-
tion the market ruled comparatively steady
with light trading.
Short Rib Sides-There was quite a good
trade reported and the market exhibited con-
siderable steadiness early. but rather on an in
dependent basis compared with other articles.
and prices receded 5@71Sc and closed rather
steady.
The leading futures ranged as follows:
WaIEAT-No. 2. August. 81 o4l4Ql o414@I q
/ l0211: december. 81 O714@1 O11@1 O5S@i e5ss.
tsmber; 4s@4SA@471s94714c; May, 51A@5lA
oATseNo. 2 august s77S@ss@ssA@s7c;
Sss1@3sHg3SsSc.
~ MESS so PoaK per S 6g
@lO 50; January. SI2 45@I2 4714@l2 25@I2 5219.
LARD, per 100 Ds.-September, So 2214@6 %
@6 2O96 20; October. SO s716 q 8 4OQ6 a21s q
9zZa, ,, " EVSyV 10S o-I1ev .-Z2ey es 071<6a
5 30@5 2216@5 25; October, So 1896 45@5 S755
as 40: January. s. 871195 9O@5 SO@6 s219.
Cash QuotaIlons were as follows:
Nc snr;n Sreaay hsot Tn lns S6asc "1sa va
SoeaTS3S; ~ ooIn. a. Nc; M9. ,oeoaos' Sa5s'
o1SAV'1c' SD aye' 9Tc; S 90 nariey' .h,, Usa.zc,
saod Q, asOHi 90 Wss ro- % 90 or HI an * ry
eeeu'Sn Sogg. u 90 90 NJ poi AZ, E ~ ~ iu
per oos a OK lDs a. 90 ~ shnmd p SUES so9sS;
g 11g' -, uly sou soeSs ~ 19 19
,nobsnosd n vb;ts oa,s SeS%Ss7o. ~.
No. white oats. Se@S7Ho.
OI sne iouuoS S IASnsnso :I ssusy sne 1uteer ~
ie11S was sseauy' WIN soou uennanu' IssS'
NEW YoRk-F1our dull and easier. Corn
ana "eas; opeions soiu on lzsVz7sc. recovering
onis Z~gzsc. ~ iSISe eIgeea ,e"r,arns' nye nrM anu
qule., wee.eiu $4,000 1ossooe. Sin-ogos iomsr , anI
i%c. and recovered E@ssc. with general reallzs,
tlons. Oa.s iomel anu Huieti ire seLers anu
meak; oPatois ds M eva, ae.S msskef LAY
Montions u opened steady. unehaneed Jon to- 10
Poluts up, ciosou SseaH Ausust, ~ points
ao"n' 0tsrs a.o auu 40 Ponts up; Deeter caDies;
saies SS a loo Iass inGIS1lng gs,n a. August IVg
H.Soc; december, io'9oglo.!oe; Fe9ruary io.Soc;
Marcn: lo.ooc: ca sPos no 5aarly acsi4e ana nrm;
1als caIgoes' Zo%c; NO !. nat Dean; !sc. sugar
CHaw neia Sc nIgner ana aso quiet; Ialr rennlng.
fined nrm and in moderate demand. Molasses
-Forelgn nominal; New orleans quiet Rlce
nrm and In GOOD demand. C0ttonseed OIL quiet;
crude, &c; yellow, 35g34c IailoW scarce and
wanted Rosln steady and quiet. Turpent1ne
dull and easy at 4oAH4lAc Eggs hrm and In
moderate demand; western. I992lc; receipts.
oSS PACKAGES. fork quleo aho steady; mess,slz 70
GnI ,, u; w. = demanJ M;ddies dnIi a,d trrs
1ard - we.ter and in modarate 5emand. Vast.
saIas & 5OO tierees. SeDtenber S6 42lIR az cIos
inc at az "a hid. October "a 5SG58 80 CLOSING ar
sR *. November rs "a. December S6 S5656 on
oToSin1 or e6 ~ Iannarv a. n R,,tter fr,n,
end in Sair Temand Wsstsrn dairy aGSI4c. do
crsamerv I1So24c. do factorv 71ZS5isc CHEESE
steadv and more active. SKINS 2GD2lxc. Obio
49, 5iIGTL S/1S' INV
81. tooIS-Elour easy; extra 1ancy, "a 1Ogp
4 %: patens, % OoVo ~; oIners .uncnanged.
wheat, neaVy lower ana nuctuatlons at times
violent and the changes were accompanied by
great excitement the 1eeilng ae one moment
being panicky While the next there would be =
Nav was heavy. Opening prices were at de-
clines of NlLc and the relative positions of
December and May options were changed con-
siderably, the more deferred futures being un-
able to keep up with the former. There was
break in December of 1c from the opening
close was l1sc off for September and October;
ISc for December, and lsz0l5<c for May; No. q
cash, 981&@9Sssc; December 98c bid; May, 81 091s
bid; October, 81 0l5s; May 81 091S bid. Coma
fair business was transacted at lower prices.
The opening was ZQlc on, reacted slightly, de-
elined Z@Mc iateI but near near ths % close. the feel
AIo. 0ctohar 445zc. Nav. 41c- tlats-Ac ctIve ar