Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-06-11
MARKETS BY WIRE.
Large Offerings Cause a Tumble In Wheat
Corn and Oats Also Lot Go-Pork

| There was q good demand az the start and
Influenced by the large decrease on passage the
market opened N@3<c higher. but the demand
became less urgent while the offerings IN
creased, and prices declined 1l4G1ssc for the
various futures, advanced HG5zc, again weak
ened, selling off to inside figures, recovered
some and closed Ic lower for July, lc lowerfor
August, and 70 lower for December
than closing figures yesterday There
was no special reason assigned 1or
| the decline other than large offerings.
There was large trade at lower prices In
corn. There was free selling all round large
| quantities changing hands, especially for July,
August and September, the last In particular:
Local longs sold freely, one house selling about
75O, 900 bushels. The market opened at about the
| closing prices of yesterday, was weak and sold
| of, with q slight reaction OF 1sG54c ruled
steady and closed A@ssc lower than yester-
| day.
0ats-The bulk of trading was in August and
! September Parties who have been buying for
some time past were free sellers of new crop
futures. There was fair buying, but the free
| selling proved too much for the demand, and
prices after advancing trlfe at the opening,
declined T@lc, while June and July only re-
| ceded lc. On the decline the offerings de-
| creased and the demand increased and rally
| of L@1Sc was recorded. but was not main
tanned until the close, which was at sc decline
from yesterdays close.
There was more doing in pork and the feel
ing was unsettled. with prices lower. Prices
declined l0Gl5c and the market closed tame.
Quite good business was done in lard, but
the feeling was weak during the greater por-
| tion of the day. Prices ruled 2445c lower,
and the market closed tame at the reduction.
Short ribs were brisk. The feeling was weak
during the greater portion Of the day and
prices declined 6G71ac, the market closing
| quiet
The leading futures ranged as follows:
July. = s1IaaaI5 5esll lssOslc; August, s15SSsa
~CofES~No. 2 June, s4laS44 4@ssl@s4c; July.
s5gS5GS4SGS4ssei August, S57s9S57sqS51s9
OATS No. 2 June, ssSG2s1s9Z7A@27Xc;
July, 2s1s@2sssSSG2Sei August, HG2749z6A
II f saSi2 % S. August pss sIa S5SIa ss1a "a s5a2 So
September. Sl2 s5@l2 95@l2 S5@l2 90
LARD, per lUO bs.-July, IS s716@6 0095 92x
Der, r. S. 26Gs aO@6 fSSs Is: S' ~ ~
SHORT RIBS, per 100 ms. July. IS 15@
5 l5@5 0715G5 10; August SIS 2213@5 221z@
l716Q5 l71fi September, IS S595 35Q5 27H9
Cash quotations were as follows: Flour dull
and unchanged; No.2 spring wheat, s91z@s994c;
No, Ssgring wheat, TgS0c; No. 2 red, SEQ
$3.50; No. 2 corn, s4c; No. 2 oats, 275sc; No.
seed, 81 40; prime timothy seed, 81 369l 81;
100 Ibs' IS IS; short rib sides Qoose). IS 65@
short clear sides (boxed), IS 5O@5 60 Sugars
unchanged.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs,
9l2c.
NEW YoRK-Flour quiet and heavy.
Cornmeal quiet Wheat-spot dull and weak;
options duh, ss15Sc down and weak. Rye dull;
western, 5S95g15c Barley dull; Canada, COG
7215c. Barley malt dull; Canada, 75G90c. Corn
Spot moderately active and lower options
more active and weaker. Oats-Spot weaker
and in fair demand: options moderately active
and easier. Hay-Good demand and firm;
e1,s Gar
Options barely steady, unchanged. points
up; sales, $3.50 bags, including June. 45@
l7.5Oc; July I7.2OG17-25c; August. l695@l7 0Oc;
September, I6 s9@l l6 S5c; October, 1889 gl6 40c;
February, 1850; March. l6sO@l5S5c: spot Rio
quiet and steady; fair cargoes, 2ci Nc. fat
bean, lS14c. Sugar-Raw dull and eteady;
fair refining, 4 lS-l6Q5c; centrifugals. s6o test,
e-l6G5ssc; refined firm. active of A. . $780,
61zc. Molasses-Foreign steady; New Orleans
quiet Rice good demand, steady. Cotton
strong. Rosn strong. Turpentine steady at
3SG3Sszc. Eggs quiet, weaker; Western, 1870
1S15c; receipts, 10, al packages. Pork more
active; mess SIS 75Sla 81 extra ,op prime iTs 81
do shoulders, &c; do hams, 95z9l0c. Middes
quiet; short clear, s6 20. Lard dull, lower;
Western steam. s6 l215; sales. $500 tierces at
Sc 20; August, Sc 81; September. S6 45Q6 4s;
closing, Sc A; October. Sc 50@6 5S closing S6 so
bid. Butter good demand, extra firm; Western
y, ",
4@l0c; Egin, l44l41fc. Cheese stronger, active;
Western. 7G8c.
PHIlADElPHlA-Flour duh. Wheat quiet:
options largely nominal; rejected, 72@7Sc; fair
to good milling SQ92c; prime to choice, 93@96e;
fair ungraded In grain depot, SIC; choice do on
track, 96c; steamer No. red in export elevator
Sic; No. red, in grain depot, 92c; No. red,
June, 9i@95cs July 9l@e2c; August, 9l16692l<c;
September, el1S@92114c. Corn-Options weak
and lower; carIots for local trade quiet, but
steady; No. mixed, in grain depot, 89c; No
mixed, on track, 4015c; do in grain depot, 4lc;
No. 8. in export elevator, 3Sc; steamer, in DO,
39c; No. in do, 40z No. mixed, in Twentieth
street elevator. 42c; No. high mixed. on track,
z215c; No. mixed. June, 4O1S@40sSc; JULY 4O%
@41c; August 4lHQ42c; September. 421l64Sc.
Oats barely steady; No. white, 941%G343Ie; No
2white, on track and in grain depot 351< aS555c;
do in Twentieth street elevator, 35c; do clipped,
S5l4G3515c; do in Twentieth street elevator 35c;
do clipped, 3511c; futures opened a shade frmer
but reacted and closed steady at yesterdays
prices. Butter steady; Pennsylvania creamery
extra. lac; do prints extra l7e; do prints extra,
l7Q22c. Eggs quiet and easy; Pennsylvania
trsts, l5c.
8ALTIMoRE-wheat-western easy; No.
Ss1%c: July, sOsg gss6Nc; August, sO5SasSzc;
September e0c bid; December 9S15c. Corn
Western easy; mixed, spot and June, 4Oszc;
Sey Se Augss osspsem
Western white, SSg351zc; do do mixed, 82Q331Sc;
graded No. 2 white. S515e. Rye dull; choice,
6oI0oc: prime. oZDo5c; good TO talr, 0SGp60c
Hay dull; prime to choice timothy, sl2 OO0
Is 90. Provisions quiet and steady; mess pork
old. sl2 rs: new, Sl3 30 Bulk Meats-Loose
shoulders, &c; long clear, clear smoked shoul-
ders and sugar picked shoulders &c; sugar
cured smoked shoulders, TO, hams, small
lls@l21Sc; large. 10Ql1c. Lard-Refined, ne;
crude, 6@61zc. Butter active and firm: cream
cry, fancy f4Ql5c; do fair to choice, l22l3c; do
imitation, lOGllc; ladle fancy, lOc; do good to
choice SG9c; rolls fine l0Q12c: do fair to good
s@9c: store packed, oQsc; grass, 7Gsc. Eggs
steady at 15c. Coffee firm; Rio cargoes, fair.
zoe; No. z, ls1sQls1zc.
ST. LoUlS-Flonr quiet but steady. Wheat
opened %GAc higher on large decrease on
ocean passage but Immediately weakened and
q slump of S<@l1Sc followed. There was a re-
covery of 5kc later, held firm but further de-
preston followed in the last hour and sold
down 1ssc, closing with July &c, August s<c
and December Yc below yesterday; No. 2red,
cash, g2c; July closed S7skc; August, S71<c bid;
Septemp per, SSc asked; December, 9I1sc. Corn
The opening was 1850 lower on heavy re-
ceipts and lower cables and closed s66kc lower
than yesterday: No. 2 cash. S21<c; July closed
at 323lG827kc asked; August 325S6323Ic asked:
September, S31z@3Sssc asked. Oats lower and
trading free at decline; No. 2 cash, 2Sl<@2SsSc
bid: July closed 81 &c bid; August, 265Sc Rye
No. 2 5O1zc. Barley, no market Flax seed un-
lower, Sl1 70. Lard prime steam nominal, IS rs.
MINREAPoLIs-The receipts of wheat were
very light to-day, amounting to only 555 cars 25
cars being shipped out. Milers were not active
as buyers still they, with elevator companies
and little outside demand, took No, North
ern mostly at SS3<@S9c with some exceptional
lots higher. The demand was slow for the few
cars offered below No. l Northern Closing
quotations: No. hard, June, SSc; July, SSsSc;