Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-14
MARKETS BY WIRE.
cedented FURRY In Pork-Boh Com
modities Excited and Higher,

|
| manifest in the wheat market. Trading was
again active IN all futures, and outside busi-
| ness Judging from the way the orders came
| pouring in, were more numerous than any day
since the board discontinued the sending out of
quotations. The country is evid emily operat-
ing. and there is enough business from this
| source to make itself felt on the market. The
course of prices was very irregular and fuctua-
tions were rapid and frequent. The opening
was very unsettled, and prices varied 1z154c in
different parts of the crowd. ruling lower in
some instances than the closing of yesterday.
From the inside prices May advanced SIC,
June SIC and July 1Hc. ruling easier, and closed
32sc higher for May, SIC higher for June and
&c higher for July than closing on Change
yesterday.
The outside range of to day represents an ad-
vance of SIC for May and 9Ic for July. above
the lowest point, and nearly all of this advance
since the quotations were cut off, Shorts
again covered freely. and parties who had sold
yesterday were buying to-day. Crop news con-
tInues to come in bad, and from some sources
the worst of the kind yet received. European
market prices were favorable, quoting better
demand and higher prices
The Daily, Trade Bulletin saws; Consider.
able excitement was exhibited in the market
for hog products to-day, attended with wide
fluctuations in prices for mess pork The sur
prise of the whole affair is the moderate amount
OF the trading in all the leading speculative
articles, scarcely exceeding that of the previous
account for the sudden advance in prices-only
an instance where the market was taken from
under the control of any one in particular;
everybody got excited and somewhat ratified
and were anxious to provide for outstanding
contracts; the small amount of property Of
fered for sale creating very brisk competition
and resulting in the unusual advance in prices.
1t has been evident that outside parties have
been buying mess pork freely within the past
two or three days, and that foreign orders also
have been liberal. 1t was limited that the first
advance of 25c was made to feel the market to
ascertain if the property could be forced out.
and develop the extent of the line of shorts.
When this appreciation was gained, the market
quickly got beyond the control of those who
were searching for knowledge of the situation,
and for 20 minutes prices advanced So SO for
May and 81 for June-unprecedented in the
history OF the trading in pork at Chicago. On
the upward scale only moderate trade was re-
ported at outside figures. The market weak
ened and gradually settled back again with
light trading to the close and the greater por-
tion of advance lost.
While mess pork attracted most attention,
there was considerable interest manifested in
lard and short ribs. and they shared IN the ad-
vance to some extent, but declining during the
middle of the session. At the close. however.
they were active and prices rallied again, ruling
rather firm.
Whs Leading futures ranged as as fS9ys
May. s44Q9I@S4H@SS June. sf5s@9GaS4%
@SS74c; July, Ssg4gS477s sGs$@s4l4e.
Go @CoRNmNo o;INe,o ; April, Sl74@$l7s@a1A@siSc;
adslds5.as1 Mays ass11ss9s29daSlS9s2lc; July. s8@SSa9
5S1s; Jug. as5SsszaS
>, MESS NJ PsnK, per bbL.1May, sll 55@l5 Esq
July, sll 75@15 7s@1l 751l3 so.
LARD, ~ per 100 Bs;-May: S. soSs 1895 z140
s6 3715@6 5596 S7115G6 so.
SHORT RIB SIDES. per 100 bs.-May, s. $40
s 6o@5 S7A@5 5219: June. S 4O@5 6O@5 40
Cash quotations were as follows: Flour
firm and 1O@15c higher. No. spring wheat,
S:1f9SSIe; No. 3spring wheat 7l@77hc; No.
2sxc. No. z rye AZ E7c. No No. % barley. % nominal. %
No. faxseed, 81 So Prime timothy seed. ST. 22
Mess pork. per bbl s13 Is. Lard. per 100 lbs.
IS 40; Short RIBS sides poose), IS so; dry salted
shoulders (boxed), higher; short clear sides
(ooxed). higher. Sugar-Unchanged: granu- |
loted. unchanged: standard "a, unchanged. |
Receipts-Flour. 1900 barrels: wheat $1,000
els; rye. 1000 bushels: barley. 2S,OO0 bushels. |
Sh1pments-FlOur, l4000 barrels: wheat, a. |
0OO bushels: corn. 10000 bushels; oats, l9O.- |
600 bushels; rye. 25,OO0 bushels; barley. 1900
On the Produce Exchange to-day the butter |
market was weak; fancy Elgin creamery, 1SA@ |
lsc; finest Westerns. 17@lsc; fine, l5gl6c;
1s@19c.
NEW WYoRk-Flour firm and quiet. Wheat
Spot unsettled, closing steadier: options |
active, irregular and K@5sc down, closing |
steady. Rye strong; Western. 5@5s1lc, Bar
Spot higher and active chiefly for export;
options moderately active and firm. Oats
Spot quiet and firmer; options fairly active
s35@4O; good to choice, S7O@s0. Hops easy and
quiet. Coffee-Options opened steady: 5Ql0
points down, closing steady 16@20 points
q Sn7 sales 2259 bags including H. April
July. 17o5@lz15c; September, 1675@16:s5c;
October. 1860; December l6.25@l6. SOC: jan
nary. 1890; February, l6.2Oc; spot Rio steady,
l1sSc: sugar Raw firm and quiet; fair
7:lee; sales l55 hhds:;, Muscavado So
s est, &c. ne New orleans steady. common @ to
ancy, 3l@40c Rice firm and in good demand;
lomestc 4s6s;s shPan Se; costonseed sao oil
lull: city (s2 for pkgs). 41zc. Rosi firm:
trained, 81 2713 TurpentIne dull at 42@42115c.
Eggs steady; Western. l2@l21zc; receipts, 1908
If May at sl1 4o@l1 so; cutmeats firm; picked
,ellies, 54@54c; do. shoulders, &c: do. hams
DC; middles strong: short clear, Sc 25. Lard
he because Of ss z in pork at the
ierces; April. s6 70; May, s6 59G6 79, closing at
II: June. s6 IA bid: July, s6 1895 S. closing at
So s g. st. Sc
Western dairy. 7@l3c; do creamery. 10@18c;
10 held, 5h@l1c; do factory, 4@lSc: Elgin.
91a@20c. Cheese, best lrm, Western, 915Ql01c.
PHILADELPHIA - Flour market quiet, as
uyers and sellers are generally l0@15c apart
N prices. Wheat options weak; desirable
Milling grades scarce and firm; rejected, 67@
4c; fair to good milling. 81@S7c: prime to |
ancy. S9@94c; No. red. April. S71a@SS1fc; May,
7A@@SS1sc; June, s774@SS15c: July. s619@s7Ac.
,orn opened about Nc lower, but with strong
ables and better export inquiry in prices fully
ecovered and closed H@asc higher for all
months except July, which left off steady; car :
ots for local trade firm with good demand: No.
614@37c; steamer No. high mixed in Twen-
ieth street elevator. 3S19c; No. high mixed
n Twentieth street elevator. 40 c: No. 2
une. 39@39Ac; July, SsA@S9Ac. Oais-Car
Dts firm though quiet: No. 8 white, 33r: do
hoice 35c: No. white. 33115c: do clipped. 331dc:
'hite. April, sSas21c: May. Si4@sl5Sc; june. hni
l@3llc; July, 3lQ3l1ac. Provisions firm and
rices of pork nominally Soc per barrel higher
ecause of the sharp speculative advance in
'orEEMess, new, si2Si2 50; do prime ne'Tss. mess,
ew Sll so; do family. Sl2 5O@l3 co. Lard west
m steam. Sc S0@6 80. Eggs firm with moder-
te demand; Pennsylvania irsts, 12@l216c.
MiNNEAPOLIs-Receipts of wheat for the
ay Isl cars; shipments. % cars. The
the day, though there was a fair inquiry for
he better grades early in the session. A few
utside millers bought little wheat, but only
nough to meet immediate requirements. Not
luch wheat was bought by local consumers
'oor grades were dull and neglected Local
levatOr companies were fair buyers late in the
ay. Closing quotations: No. l hard, April
&c; May, $3.50; July, size; on track, S511&c;
10. l Northern, April, 85c; May S55Ic; July !
SIC; on track. S4@S415c; No. 2 Northern, April
nd May, Sic; July, S31ac; on track, SO@S2c. 4
ST. LOUIS-FIour fairly active and some
hat frmer. Wheat higher; the opening was