Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-30
MARKETS BY WIRE.
Whcnt Continues Its Downward Course
FREQ Offerings Excite suspicion-Corn
Lower and Onrs Srsndy-Noth.
ing Dofu1 In Pork.

cHIcAG0-The volume of trading In wheat
to-day was rather large. There were less than
| the usual number of outside buying orders and
quite a good many selling orders. Local oper-
ators also sold freely, and there was general
liquidation. Some Of the parties credited with
being the strongest bulls few days ago were
| reported as having sold out.
The opening was H@11c lower than yester-
days closing, and under free offerings sold of
10 more and then declined sS0hc. The offer
1ngs became heavy. and it was surmised that
some one was feeling the market with all the
wheat it would take without making the SELL
ing appear too conspicuous. and prices slid OIL
H@lc and then rather rapidly 1A@2c more,
ruled irregular and closed about 214c lower for
| July, &c lower for August and 1Ac lower for
| September than the closing figures on Change
yesterday. There was nothing specially i'm
portant in the way of crop news received from
| outside points. or, in fact, news OF an Kind.
Corn was rather dull and easier, lower prices
bsing the rule on all futures. Operations were
in the main local, with opening sales HG4c
under the closing yesterday, was steady for a
time, then sold of ss@kc, ruled quiet, and
| closed k915c lower than yesterday.
There was no active trade in oats, but there
was decidedly unsettled feeling. The opening
was steady, and the futures beyond this month
| nrmer. May. however. was weak, closing Hc
| above inside figures. Trading was manly in
| June and July, and they held up well despite
| the depression in May The remote deliveries
were also fairly supported, and the closing sales
| were at the same figures as yesterday.
| Only fair trade was reported in pork. Early
sales were made at 10@1211c advance, but
| weaker feeling was developed later, and a por-
tion of the advance was lost.
A fair trade was reported in lard At the
| opening prices were advanced 214f25c, buG
settled back again, and the market closed tame.
Trading in short ribs was moderate. The
| market opened rather strong and prices ruled
| 212Q5c higher. Later the feeling was easier and
prices declined about 215c. and closed steady.
| The leading futures ranged as follows:
WHEAT : No. 2 May. s51l@9Sx G91GsIc;
June, sSsS0eS7sgsl9slc; July, sa155Gs499l@
Corn No. z May, ss1f9s8HasslaSskc;
June ss11l@ss11 @aslS lSss14e;' july. ss51sgsSs5sS
6sTs@No. 2, May, 2s@2g@271@2s1lc; June,
229n@27h@H1s@HAc; July, 2o9sGN@26ss9
MISS PORK, per Dbl. = June. sl8 SO@ls 500
13 2O@l3 25: July, sl3 45e9l3 471%@l3 S5@1S 40;
August sls 5o@ls 6214@la 5Sgl$ 9;
@s I711: September s. s7l1G6 A}l@s SiSS6 %.
SHORT RIBS. per 100 Bs.-June, IS 20l6 20;
July s5 3o@5 sS@5 sOg5 a215; September,
Cash quotations were follows: Flour steady
and unchanged: No; spring wheat. slc;
No. spring gs wheat, s2Ss6c ;oSs; No red BIC;
SIC; No. 2 barley, nominal; No. / faxseed
81 At; prime timothy seed. 81 80. Mess pork.
per Dbl, sl3 25 Lard, per 100 lbs, So 05. Dry
sides (boxed), IS 65@5 75 Sugars, unchanged.
@1sc.
On the Produce Exchange to-day the butter
1211c. Ass0'
NEW YoRk-Flour dull and heavy. Corn
meal quiet and steady; yellow Western, So I0Q
IS. Wheat-Spot moderately active and lower;
options moderately active. 1H@115c lower and
weak. Rye dull and weak. Barley dull; West
ern, nomfnal; Canada, 6O972xc. Barley malt
SI SiaEsr canada 0nsiars 7oTG C0rnspot quiet and
firmer and quiet: options moderately active
and Irregular. Hay steady and in fair demand.
Hops firm m but quiet. Co1fee-options opened
closed barely steady at 10@l5 points down;
s>1es, 1870 bags. including May 1Z25@17 45c:
June. H05@lZ1Oc; July. 16s5@i695c; August,
169OSlG25e; November, i5s @i5s5c: Deem. Decem.
her l675@l685c; January, 1570@15S0c: March,
15.659l5 e0c; spot Rio dull but steady: cargoes
and fairly active; sales, 1900 bags cen
trifugals, s60 cna test, &c 6 i. f.; 475 hhds
and fairly active; off A, 5 5-l6951fc; |
standard A. 1-l6c; confectionery A, I3i6c; |
powdered, 63sc; cubes, &c. Molasses-Foreign |
test; New Orleans quiet. Rice quiet and
steady. Cottonseed oil quiet. Tallow barely |
steady: Rosin steady. Turpentine dull
receipts, a,sss Packages Pork Fork quiet; Hs Ht4: e9:
ira prime, sl1 0O. Cutmeats quiet and weak
Middles quiet and weak; short clear. &c. Lard
steam, s6 s215; sales s35 terces, s6 9Oa6 40: op-
tlons sales. 1000 terces; une S6 3OG6 81 closing
at Sc 30 bd July s6 1906 4S, closing at IS 43 bid;
August, SO a bid; September. s6 66G6 s.. closing
s6 66G6 6S, closing at So s.; October s6 71Q6 70,
closing at s6 II. Butter quiet and weak; west
ern dairy. 6GlOc: western creamery. 6@14c;
Etri,,
Cheese in better demand; part skins, 4Q615c.
PHILADELPHIA-Flour dull and weak
Wheat-Options lower; quotations largely nom-
inal; desirable milling grades quiet but steady:
prime to choice, s4@esc: No. red. May.
9OEQsl14c; June, sO14@914c; August, 9lK
@92c. Corn weak; options closed IG14c
42c; No. high mixed, on track. l21Sc; No. z
in export elevator. 4Oc; No. 2 mixed, May
4O14c; June. 4OSc: July. 40s4@4c; August. n1lc.
Oats.Sariots Ear dull dull and d, shade easier; No:
36c; options firm and futures beyond this month
Ac higher; No. white. May, 35I925c; June,
Ss5sGS41Ic; July, s3zs@S414c; August 3lGa2c.
Lard-Western steam, Sc 40. Butter quiet and
easy; Pennsylvania creamery, e1 ra. 14c; do
prints, extra. I922c. Eggs quiet but steady;
Pennsylvania tirsts l4c.
was excited and demoraized; opened L@16c
lower then advanced H01ac later; the crowd |
turned sellers and forced prices down 2925Sc
from the top, good deal of short wheat being
covered at the decline; the closing nc from the
bottom, with July l34c. August and December
lLc below Yesterdays: No. red, cash. sold,
and closed at 9311c asked; July closed s976c
bid; August. SSc bid; December. SJ34c asked |
Corn opened easy. but soon advanced sS(95Sc,
then reacted and closed at 3s(l34c below the
top; No. 2 cash, 3l1c; July, 325lc; August, 321Sc
bid: September. S21sc. Oats firmer; No. 2, cash, |
SIC; July. 2e11@265sc; August closed at 2l9Sc
Flaxseed, 81 40 Bagging and cotton ties un-
changed Provisions dull and only small job
,rade done.
BALTIMORE - Wheat-Westernw weak; No. 2
ginter red, spot and Nav. S9A@S91zc; July,
O71@scMc q "a August o,,SS5Sf@ ,S9SS5Sf@so7Sei sePsember,
9 ssGy %Gsa spot ss Asy 1 Isse
O9a@465sc; July, 4O1s04O35c; August, 4O1l@
G54c; steamer, 381Sc. Oats euief; Western:
white. S4159s515c; d. mixed. SS@34c; graded
70. white. 3414@35c. Rye dull and un-
hy. sl2 50al3 GO. Provisions steady and un-
hanged. Butter quiet and unchanged. Eggs
Irm; choice l5@l53c. Coffee steady; Rio car |
oes, fair, l93402Oc; No, T. 1SGlS1sc. !
MINNEAPoLIs-Posted receipts of wheat for |,
he day were Ill cars; shipments. 10 cars.
here was fair demand early for good wheat,
few local millers coming in and taking small
upplies at about July prices. They were rather | S
xacting in their selections. After their wants :
'ere supplied the market was very dull per-
APPS even more SO than Yesterday Closing
uUtations: No. hard. NAV, 8S51c: June, sec;
uly, 9011c: on track, 9034G9Ic; No Northern,
lay, SSAc: June. SS1zc; July 90c bid; on track |
914c;No. Northern, May and June, SIC; July,
sc; on track, SJ@STc
MILWAUKEE = Flour unchanged Wheat
uly. SS1S@ssc; No. l Northern, voc Corn :
ull; on track, 33c. Oats steady; No 2 white |
\ track, 29@291c. Rye firmer; No. l, in store,