Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-01
MARKETS BY WIRE.

Another semi-Panic Agitntes the Chicago
Grain Pit, Due to Hot Weather In
the Northwest and n Decline
In Foreign Securities.
cHicAGO-Wheat-Ag good speculative busi-
ness was again transacted, and the feeling was
unsettled. The situation is considerably
mixed, and operators somewhat at q loss which
course to pursue. The fluctuations were rapid,
and operators watched the market closely.
The market opened up strong, and prices were
lMQ1ssc higher, influenced by the excitement
In corn, earlier reports of clear and hot weather
In the Northwest, and the decline in foreign
securities, but became weak, and under free
speculative offerings, declined 2ssc, rallied
slightly, and the closing was about H@5sc
lower than yesterday.
Corn was wild and unsettled, with trading
heavy both on local and outside account. The
bulk of the business occurred during the first
hour, when the market was inclined to be
panicky. especially at the opening. nearly
everybody having corn to sell, and everything
was confusion, prices varying nc at the same
time in different parts of the pit. The market
opened wild, and 2@3c higher than yesterdays
closing figures. but under the free offerings
quickly sold off 2@21sc, rallied. advancing Ac,
ruled easier. but near the close again sold
Oats were fairly active, but unsettled, and
prices ranged higher, especially at the open
ing, when, owing to the excitement and
advance in corn, first sales were up lQlAc. A
further slight appreciation was recorded, but
weak feeling developed and prices receded 10
@l5sc. A rally of L&11c followed, and the
market closed steady at Hg3Sc advance over
yesterday
Mess Pork-only a moderate trade was re-
ported and charges in prices were sllght
Lard-Trading was moderately active. Prices
opened 2x@5c higher, but reduction OF 711Q
l0c was submitted to. The market closed quiet
1t inside figures
NShort Rib Sides-Quite good trade was re-
ported. Opening sales were made at 5Q715c
advance. Later prices gradually receded, and
the market closed quiet.
The leading futures ranged as follows:
WHEAT = No. 2 July, 92G921l l99O@9OAc;
August, 92@s2140sO9sOHc; September, 800
CORN - No. z July. 4s%@4sN@46@4s
August 4s7l@467s sa4o1s s@4674c; September. 4S@
o1Ts@No. z July. s41z@a96@a15as9lc; Au-
ggSs,,I gust ,IaSss9 Isa5SSssg9s5@aaA9Ac' September $40
MESS PORK, per bbl.-Augus. sl2 259l2 25
II Is; January $40 5O@Il 6711@l1 5O01l go.
LARD, per 1OO bs.-August, So O5@8 05@
so i7iS; October, IS s5Gs s5@5 sOGs 30
SHORT RIBS. per 100 Ms. August. s. 2o@
8 zoos Io@5 121s; September, s. s5@6 S5@
b Z00o N15.
Cash quotations were as follows: Flour
unchanged; No. spring wheat. 9Ol4c; No.
8 spring wheat SO@S5c; No. 2 red, 9l11c. No.
2 corn, 1870. No. oats. 33al@34c. No. 2 rye,
521S@5sc No barley. nominal 2; Nc, No q aaxssed
pork, per bb1 s11 IS. Lard, per 100 lbs. % 025&.
Short ribs sides Qoose).s5 1895 ID Dry salted
(boxedl, IS 871f66 90. Short clear
sides tboxed). IS 6o95 7S. Sugars, unchanged;
No. white oats, new. 34lc; old, 3614c; No.
do. new 34fD341h: old S51hG36c.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs,
12@12xc.
NEW YORK Flour dull but held steadily.
lower and weak; options %97lc do sn, closing
weak on depressed foreign advices. Rye
strong; Western, 5s16@6Oc: Barley malt dull;
ic up; options opened 256@2sSc up On dry dry
weather reports: afterward declined 1G6I%c
on reports Of rain in Nebraska and Kansas;
moderately active Oats-spot unsettled,
higher and dull; options quiet and irmer. Hay
quiet and steady. Hops quiet and steady.
Coffee-Options steady and unchanged to 20
points up. Sales, 5000 bags. including August,
Is SOC; November. i5.s5c: December. iS7OS
l5 75c; January, I5.453l55Oc; February. $4,000
9l6S5c: March, l5.250l5 3Oc May, 16.lO@l5 25c.
Spot Rio quiet and steady; fair car
goes, Zoe; No. fat bean. 1870. Sugar
Raw quiet and steady; sales, 8.7O0 bags; centri-
'ugals, $50 test SIC; go bags molasses sugar,
'1Sc; LOCO tons domestic molasses su-
S91 9oatsss G slS OOs ess, tons aso DO
Refined quiet and easy. Molasses-Foreign
,ominal; New Orleans dull. Rye scarce aud
irm. Cottonseed oil dull. Tallow strong; city.
,entlne quiet at 4l54@421Ic. Eggs firm and
luiet; Western, prime to fancy. 1SQ1S56c; do |
rood. 17@l715c: receipts. 5.161 packages. Pork |
irm; mess, Sl3 0OGl4 20; extra mess, $40 00Q |
% So Cut meats firm and fairly active; mid |
lies firm. Lard easier and dull: Western |
team, Sc 171S; sales, 500 tierces; options sales,
.250 tierces: August, Sc 20; September. s8 80; |
,er. s6 6s; December, s6 SO asked: January. IS 75
Dc II, closing at Sc rs. Butter firm and quiet; |
ancy Western dairy, G0llc; do creamery, so |
&c; Elgin. l79l7hc; Cheese active and steady;
,art skins, 5d511c; Ohio fiat, 5G61fc.
PHILADELPHIA-Flour very quiet Wheat |
,pened steady but prices subsequently de- |
lined A0lc and closed weak: ungraded on /
rack, 90c; No. 2 red in dock &c; do afoat,
SIC; No. 2 red, July. 95G95lc; August, 950 |
SIC; September, 95@9511c; October. 951zG96c. |
opened strong and 1@11zc
higher, Sut subsequently reacted to within N@ |
&c of yesterdays closing prices; car lots Tor
oGsl trade i firm wi, with goo good ID demand; No
ligh mixed in Twentieth street elevator and
rain depot. 53c; No. mixed July. 5l@5l15c;
August, 51@5l14c; September, 5l3z@52Ic; Oc-
light local trade demand; No. 8 white, 42c: un-
,raded white, 4215c; No. white, 43c: futures
irm and late months advanced L@15c; No.
Vhite. July. 42N43c; August, SS7493Sc: Septem-
er, S83lG3SHc; October, 3Shc. Provisions
rm and in good jobbing demand. Eggs scarce
nd Arm; Pennsylvania firsts. 19c.
ST. LOUIS-Flour unchanged. Wheat-The
market opened H01Lo higher and thereafter
1as weak. declining steadily to the close, which
zo zosns ss sss bd ,HR su s
id; December, 941EG94lIc. Corn-The opening
'as excited and 1zg2c higher; advanced &c
urther for September, became easier, eased
,ac from the top. rallied slightly and closed at
l@1c above yesterday; No. cash. 431sc; Au-
ust, 441sc; nominal; September. 45sSc; Octo-
er. 46c nominal. Oats-The market opened
er yesterday of 1s@1Ic; No. 2 cash, ,33934c: An
ust, 341fc bid; September, 41sc; May,o715c bid.
we quiet: No. 2. Sic Cornmeal active and
rmer at s2 1902 45. Flaxseed unchanged.
rovisions-Pork, sl1 Is. Lard, S. 20.
BALTIMoRE-Wheat-W steady; No.
winter red. spot. 9314c; July, 9314c: August,
NC: September. 933zc; December, 96749T1sc.
orn-W estern steady; mixed, spot, 50Ic; July
NC; August, Soc: September, Soc. Oals strong;
1estern white, GG4Sc; do do mixed, 45947c;
raded No. white. 4Sc; do do mixed Hc. Rye
rn: choice, 53@60c; good to prime, 4057c;
,mmon to fair. 50G6Sc. Hay slow; prime to
1oice timothy, S11 00@l2 90 Provisions ae-
We. Butter steady. Eggs steady and scarce
Of wheat for the
ferings of sample wheat were rather small,
ith fair demand for good wheat. Prices
ere some lower than yesterday, in sympathy
ith general decline in other markets. Closing
rotations; No. hard, July, 93c; August, CSC;
track. 951aG97c; No. Northern and Au-
lst. s911sc; September, S77sci December, soc; on !
ack, 9lG93c; No. 2 Northern, July. S5c; Au-
lst. S5c; on track, S5GSSc.
opened strong and little
CHER, but soon began to decline and the close
Is 1Hc lower than at the opening. Receipts,
Jars Closing prices are as follows: July, 94c;
ugust. 9415c; September, 9214c; December, 93c;
o. hard, cash, 94c; No. I Northern. 9lZc: