Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-24
MARKETS BY WIRE.
Whent Nervous, Unsettled and Higher
Carrying Corn Up with IGNORE
Bad Crop News--Vcry Little

oners were comparatively light. IL was WHu
market. and July made rapid tracks toward 81.
The opening, which was a trifie easy, with nrst
sales of July, HG9sc below yesterdays closing,
bur quickly started upward and advanced 21sc
above inside figures, held firmly and closed
lssc higher than yesterday. The advance was
spasmodic. August advanced &c and Septem-
Der l54c. and closed l34c higher than yesterday.
The conversion to the bull side of some OF
the prominent floor traders who usually oper-
ate the bear side. has helped to advance the
market to the present level. Crop news from
the winter wheat districts continues to come IN
bad. Many operators expected reaction to-
day, thinking that the crop prospects had been
discounted. but in this they found they were
mistaken. Rain was again reported in the
Northwest and spring wheat prospects are
good.
There was fair trade in corn within narrow
limits the market ruling active at times. The
feeling was op the whole weaker. the under
tone being little heavy, though no decline OF
consequence was noted. Opening sales were
at H@1Ic under the closing prices OF yesEer-
day, with the feeling weak. Dut wheat started
up and corn followed, advancing LQssc, but
prices reacted quickly Agzsc, ruled steady
closing E6l1lc lower than yesterday.
Oats were fairly active, stronger and higher.
especially for May, which advanced lHc. with
very light trading. The more deferred de-
and outside prices were fairly maintained until
the close.
The feeling In pork was rather tame. Trading
was chiefly in June and July contracts, and
transfers were made at l50l71ac difference
Trading in lard was fairly active and the feel
ing was easy early in the day. Prices declined
215G35c. Later, the feeling was steadier and
prices rallied slightly.
There was fair business in short ribs. Prices
were 2l4G5c lower early; later the market was
steadier and prices rallied slightly.
The leading futures ranged as follows:
June s55lGOsg9574 4@s75Jlc; July, S51l8S7SSs8S511S
CORN CORN No. z May. 88s408i@ss5S 0sszlc;
June. SQ34@S3940SS34c; July si149Si94@
6%TsS No; No.: May, 2s9t@0c@2s7l @sCe;
June, Z79S@2S959sg275sc; July, 261s9T7S@
MISS PORK, per bbl. - June, sl2 s5eel2 IS
OIL 771dl2 ~; July, Sl2 950Dl3 00Gpl2 95pl3 90;
August. s13 U01l3 O59l3 00Ql3 05.
LARD, per 100 bs.-June So l0QG l211; july
ss o9sS 2S@o 25S6 2oa6 Is; September 50 1905 asa
SHORT RIBS. per 100 Ss.-June. IS 25@5 25
@5 221s@5 25; July. IS a5@6 s71f@5 S5g5 S711;
September, s. 5219Q5 50.
Cash quotations we're as follows: Flour firm
and unchanged: No. spring wheat. G(l0714c;
No. 8 spring wheat, SO8S5c; No red, 97g97%c;
No. corn, 33@Sc; No. 2 oats. 3ll30c; No. rye,
53c; No. 2 barley nominal; No. l haxseed,
81 4s; prime timothy seed. 81 go Mess pork,
Short rib sides doose). IS Is; dry salted shout
ders (boxedl. So l0l5 20; short clear sides
(b0xed), S. 70@5 80. Sugars unchanged.
On the Produce Exchange to-day the butter
market was dull and unchanged. Eggs, l218GD
lSc
NEW YORK-FlOur dull. Wheat-Spot dull
and weaker; options active and Irregular; early
H05Sc down, advanced sz42c and closed steady.
Rye weak; Western. 5911@6lc- Barley dull.
options dull and unchanged. Oats-Spot firm
and less active; options quiet and irregular,
closing steady Hay steady and In fair demand.
Hops quiet and firm. Coffee-Opuions opened
barely steady unchanged to 5 points down;
closed firm, unchanged to 10 points down; sales
Al 900 bags, .inclnding May, at l6S5@17. l5c;
June. 16.50@l6.7Oc; July, l8350l650c; August
l825@lb 40c; September l6l54lG30c: October
10 85@l6.U0c; November, Is. Zoe; December 1856
@l665c; January, l54O@l545c; March, l5.35c;
SPOT Rio quiet and steady: fair cargoes, Zoe:
No. fiat bean, 1Sc Sugar-Raw firmer and
quiet; sales, 6OO bales; Muscovado. S9o test, at
1890. C. ]. f.; three eargoes centrifugals $50
test, at &c. C. j. T.: refined quiet and steady.
Molasses-Foreign quiet; New Orleans quiet.
Rice quiet and steady. Cottonseed oil dull;
yellow, 371%c. Tallow quiet. Rosin steady
Turpentine dull: offered at 3Sc Eggs nrmer;
Western, 15149l51ac; receipts. $3.50 packages
OLA Is: extra prime dull. Lard opened easy
and closed firm; Western steam. Sc 35; sales,
500 tIerces. Options-Sales, 2 $50 tierces: June,
So 3406 36. closing S6 SO; July. So 1896 A. clos.
50 SO; October, Sc II: closing So 75 bid. Butter
Choice about steady and quiet; Western
dairy, 6@llc; do creamery. 61l5c; Elgin, I5Q
l6c. Cheese firm, fair demand; part skins,
49616c.
PHILADELPHiA-Flou firm, with fair de-
mand for desirable winter wheats but very lit
tie inquiry for springs. Wheat strong and
closed 1a@lc higher: speculation quiet: rejected,
72G7Sc; fair to good milling. SS@93c: prime to
choice, 9iG9Sc; choice ungraded in Twentieth
street elevator, &c; do do in grain depot. CSC;
No. red in export elevator. 9215c; No. 2 red,
May, 9309ic; June 93G94c; July 931S694l5c;
August. 94@95c. Corn dull and unchanged on
near futures, but late months a shade stronger:
car lots for local trade scarce and firm, though
mixed. in grain depot and Twentieth street
elevator, 1910; No. mixed, May, 405SG401Sc;
June, 40%@4O4c; July, 4l04l14c; August. 4lA
042c. Oats-Car lots firm, with n fair local
trade demand; No. white, S593515c; do clip
ped, 351zc: No. white. in Twentieth street ele-
vator. Sic: do in grain depot 3613c: do clipped.
861ac; futures quiet but firm; No. white
May, 351a@36c; June. 341l9Sfs4c; July. $40
Pennsylvania creamery, extra. l5c; do prints
extra. 1SG23c. Eggs firm; Pennsylvania, I5c
ST. TLOUIs-Wheat-Bad crop reports opened
the market &c higher and there was a gradual
advance till toward the close, when there was
some huctuation. but top prices were main
tanned. The finish was nc for July &c for
August and l7ac for December above yester-
day; No. red, cash, S91660j9c, and one car sold
@9i3ac. Corn, cash, was a shade lower, but
options closed about &c above yesterday; No
2, cash, Sl1s@Sl4c; July. S211sc; August 3299s0
No. 9, cash, 2711c; July. 2634c; August, 2Ic bid
Rye dull; soc bid Barley-No sales Flax
seed quiet at 81 40. Provisions dull, and with
the exception of some movement in lard, sales
were confined to small job lots at unchanged
prices; nearly 1000 tierces of lard changed
hands; butcher grades, 81 SIN. and choice
shipping at s6 %.
2 winter red. spot and May, 94c; June. 94l4c
asked; July, 9435@y45sc; August 9i14Q9I5Sc;
September, s4s4405c. Corn-Western STEADY;
mixed. spot, 4lN@l5sc: May 4lsSc bid; June,
white. 885G8Stzc; do mixed S4gs5c; graded
No. white. 36c., Rye steady: choice, 63GE65c: |
prime 6laS2c; good 70 60 fair , 5sa6oe P,rovisions
meats-Loose shoulders, 5Hc; long clear rib !
sides and sugar-cured shoulders. &c; sugar |
cured smoked shoulders. ,7Aee; hams. small.
crude, 6l4G615c. Butter dull: creamery. fancy |
l8c; do fair TO choice, l4@l5c; do INIT alton. liz |
lie. Coffee steady; Rio cargoes, fair. 1910;
No. 7, l734c.
MINNEAPoIIs-Posted receipts of wheat for
the day were 100 cars. with 81 shipped out
The elevator companies were the only
large buyers of No. 1 Northern, and
they took all they could get at cent under
what July was worth at the time of purchase.
Millers were almost out of the field as buyers:
only one picked up any wheat, and his wants
we're soon supplied. There was little buying
for cash account Closing quotations: No. l.
hard, MAY, 92,tc; July, Csc: on track. 94c; No. /
\ Northern. May. O2l4c: June 9254c; July, 941lc;
on track. 931lc; No. Northern Nav. SIC: June,
Doc; July, Gle; ON track, SS9S9c.
CiNCiNkATI-Flour in firm demand. Wheat
strong; No. 2 red. 9I996c; receipts, I,5OO bush.
els: shipments. 800 bushels. Corn easier; No.
mixed, 37Q3714c. Oats firm; No. mixed 31c
Rye scarce; No. 2, 5s96oc Pork quiet at sIS 90.
Lard in fair demand at s. 10 Bulkmeats and |