Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-07-02
MARKETS BY WIRE.
A sharp Rally In Wheat Caused by Un-
fa avornbIe Weather at Home and
Abroad-Corn md Oats Active

attended with some excitement, the sharp turf
rather taking operators bv surprise. The mar
ket opened 35@5zc higher than yesterdays CLOS
ing, and steadily advanced, with scarcely any
fluctuations, 2Z@2Hc more, then eased on
slightly, and closed about 2G2Ac higher thar
yesterday.
Shorts were anxious to cover, and there was
active buying from this source. The upturn
was attributed to reported unfavorable weather
in England for the growing crop, cable advices
noting continued wet and cold weather, and
also to reports of rain in the Northwest ano
warmer weather there.
Corn-There was large trade in this market
again to-day, and, as on yesterday. consisted
principally in changing July to September
The free deliveries on July contracts created
considerable pressure to sell this future on the
opening and first sales were HQNc below the
closing prices Of yesterday. After the early
weakness the market manifested better tone
and a rally of Nc followed and final quotations
compared with yesterday show gain OF 1s9
kc.
Oats were firmer and a shade higher, outside
prices being fairly maintained until the close.
Mess pork-Otferings were moderately free,
and reduction of 30G40c was su omitted to.
At the decline better demand prevailed and
prices rallied again 40@50c but settled back
again l5@20c and closed comparatively steady.
Lard-Tradng was fairly active. Prices
were advanced 5G7hc and the appreciation
was fairly well supported.
Short Rib Sdes-A fairly active trade re-
ported. Prices were advanced 711@l0c, and the
appreciation g was moderately well supported.
The leading futures ranged as follows:
WHkAT-No: July S5HQSSQS5154S71Sc;
@Sssz@s71S S@Ss1sc.
0kTsNNo. 2 July. 27s49NX@27N@NXc;
ASg1s5 s93s5g@1s26Sgz6ss@265sc; September 2I
MESS PORK. per bbI.-July. sl2 4Oal2 5O@
II 0OGl2 30; August, sl2 20@l2 25@ll 70Gl2 90;
seprember sl2 OO@l2 o5Qll 5O@ll SC.
67I5: Augusr. IS 75@5 721SG5 1896 S25S; Sep
tem6er, IS 9OG6 0095 9Ot95 VIZ.
SHORT RIBS, per 100 bs.-July. "a 92S@
gT1g4 G91f3s. s2S14 51 s5; August IS g5H9S I2Ig
8 a2S. Sse~' i-'s' ''O'e~Oef' % logo z'@0 log
Cash quotations were as follows: Flour
dull and unchanged. No. 2 spring wheat
S7@S71sc; No. 3spring wheat &c for poor; No.
z e red, s7@S714c. No. 2corn, 341sc. No. 2 oats,
Z154@211sc. No. 2 white oats, 1870; No.
d. 2gI4c. No. rye 4714c. No. harley nomi-
nj nal; l. No, haxseed. 81 80. Prime timothy seed.
s. 30 Mess pork, per bbl, So 90. Lard, per 100
lbs. IS 6595 6715 Short ribs sides Coosel, 81 e5
as co. Dry salted shoulders (boxed), Is 20l
. 2o: Short clear sides (boxed), IS S5Q5 40. Su-
gars unchanged. On the Produce Exchange
to-day the butter market was steady and un-
changed. Eggs, l0H@llc.
NEW Y0Rk-Flour active and stronger,
Cornmeal quiet. Wheat-Spot active chiefly
export closing strong at higher prices: options
advanced rlGl1sc on free export buying, rainy
weather reported from the United Kingdom
and advance In the Western markets, closing
hrm. Rye quiet; western 5415@56c. Barley
quiet Barley malt quiet. Corn-Spot steady
and moderately active; options more active and
stronger. Oats-Sput firm and dull; options
hrmer and quiet Hay quiet and steady. Hops
quiet Cotfee-Options steady, unchanged TO
10 points down; sales 2s $50 bags including July,
l67Oc; August l630Ql6S5c; September, l605c;
October, l56O@l565c; November, l5:40c: De-
cember. 1530@l535c; January, l52O@l5 Csc;
MHiaFSh' N iEcn sas Is: log i5. l5c; April and May,
caIgoes, 2Oc; No. fat bean IS1s@lsIc Sugar
-haw active and steady: refined steady and in
moderate demand. Molasses-Porto Rico, $50
ZS1sc; New Orleans quiet; common to fancy, 81
Q40c. RIce In fair demand and steady. Tur-
pentlne dull at 4O1k@4lc. Eggs. prime firm;
Western, l4@l41fc: Lard stronger and quiet;
Western steam, Sc 90 bid; options, sales, 2,250
tierces; July, s. s5. closing IS 80 asked; August
So II asked; September. S6 q asked; October
s. 26G6 81, closing S6 81 asked: n November IS 80;
December, s6 24G6 81, closing S6 81. Butter
quiet; extra firm. others easy; Egin, l61f@17c:
Western dairy, 69llc; do creamery, S916c; do
factory. 4@lOc. Cheese quiet and about steady;
Western, 7GSc.
ST. l0UlS-Flour firm; extra fancy, 81 l5(Q
so; patents. 81 55@4 20. Wheat opened K@2c
higher, held tirmer, advanced Nc more. receded
1sGNc. but loss was recovered and advanced
l1s9lAc further. then sold down tsdszc, clos
ing with August &c and July and December
Pc above yesterday; No. cash, S55sc; July,
closing at S53lc; septemper. ss1Sas7Jse, clos.
at S65zc bid; December. Ss1sd9011c closing at
$3.50. Corn-Early prices were T6ssc up, ad-
vanoed A%1ac further. eas.d on late, but
closed LsQasc above yesterday; No. cash S31L
@33ssc; July closed at S3ss@3S1<c; August, S316c;
september. SS7s9SSa4c. Oats dull; No. 2 cash,
2sI5c bid; August z.A@27sse bid; September,
changed Provisions firm, but quiet. Pork,
Sll 90. Lard, prime steam, S. So
PHILhDELPHA-Flour steadier with a
better inquiry. Wheat-options quiet: milling
grades scarce and quiet. Rejected 72@7sc; fair
No. red, July, ss15@9Oc: August. S91SQSgAc;
September. S915Q9oc; October, s915G90c. Corn
quiet but steady; No. 2 mixed in Twentieth
street elevator 42c; No. 2 yellow. in grain
August, 4lAQ42sc; September, 4I%@42c;
October 42G4215c. oats-frm with Z good
local trade; futures firm and near months
HHras HG ShiS 5ug aSd dSsS 6sssS
3l@3l15c. Eggs firm: for choice stock. Perm.
sylvanIa frsts, 1870.
NEUTRALITY-SUSPICIOUS. of wheat for the
past "a hours were rs cars; shipments IL cars.
There was good demand from local mills
wheat except q small amount taken to ship
out Milers have been selling more flour in
the last day or two, and were buying wheat
freely in consideration of the larger demand
torily. and poor wheat was better cleaned up
than usual. Closing quotations: No. hard.
July, S5c; August; S71zc: on rack, sec; No.
y Northern, July. sac; August, S51Sc; Septem-
ber, S415c; on track. SIC; No. Northern. on
track, S0@S3c.
oRE-Wheat-Western strong: No.
2 winter. red spot, July and August S91Ic; Sep
tember. $3.50 bid. Corn-Western firm; mixed,
spot, 4l1%@4lssc; July. H14@4l1Sc; August. 4II51
4lsssc; September, 42@424e; steamer. S61lc. Oats
Western white, 35@36c; do, mixed. 33634c:
graded No. white, 3515c. Rye steady; choice,
55@56; prime. 52954: good to fair, 4SQ5Oc. Butter
tirm; creamery fancy. l59l6c;do, fair to choice,
lac; do. imitation. l0@l2c. Eggs quiet at lI9
l5c
MILWhUkEE-Flour quiet. Wheat firm: No.
2 spring. on track, cash, S49S5c; August, S45Sc;
NO. l. Northern, SIC. Cora firm; No. 8. On
track. S5c. Oats steady. Rye quiet; No. i. in
store: 471fc. Barley firm: No. 2 in store. 4Sc.
Cheese lower; cheddars, nc.
IoLEDo-wheat active and easier: cash, ssc;
July and August, Ssc; September, 8y1zc; De-
cember. 9l1c. Corn dull and steady; cash and
July, S514c. Oats quiet; cash, Soc. Cloverseed