Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-07
MARKETS BY WIRE.
The Wheat FURRY Subsidies and Prices Take
Tumble-Frost and Ice-Corn
Gains Groupd-Pork Dull
R,sfar

The Wheat Furry Subsidies and Prices Take
a Tumble-Frost and Ice-Corn
Gains Grouud--Pork DulI
md Easior.
cHlcAGo-There was less doing in the wheat
market to-day and a somewhat steadier feeling
existed. Fluctuations were confined within
| small changes. The opening for July was
easier and about 1s@1zc lower than yesterdays
closing. rallied lLc above inside figures, fell
back again Nc. fuctuated and closed about
1sc lower than yesterday. The influences
brought to bear on the market were generally
| OF weaking tenor, and operators, while in
clined to take the short side, were reluctant
about putting out large lines, fearing that the
market may receive support enough from some
source to hold and advance them.
At present the feeling is unsettled and very
uncertain as to the future of prices. The rains
all over the country have no doubt helped crop
prospects. The Michigan official monthly re.
port notes an improvement in the condition of
the growing wheat of 4 per cent. Light frost
was reported in different sections of the winter
wheat belt and at Tobias, Neb, ice formed last
night.
There was very good trade in corn, although
the business was hardly as large as recently
noted. price changes being less frequent within
range of 1SQ5Sc. The feeling developed was
somewhat unsettled, the market being inclined
to weakness early in the session, but afterward
manifested some strength; but the undertone
was apparently easier. The market opened
up nc. reacted sc, rallied, recovering the de-
cline, and ruled steady, and final quotations
were HUAc better than yesterday.
There ~as less animation in the oats market
the bulk of the trade being local. Offerings
were not especially large and the demand was
fair. but price changes were confined to &c
range. Opening sales were at about the same
prices as on yesterday, but declined &c for
May. The more deferred futures however,
held steady. The weakness in May was only
temporary. as a frmer feeling developed, and
prices Tor it and June and July rallied Ac, and
the market closed easier for May, but at a
slight gain for the other months.
A light trade was reported in pork. Prices
declined 2O@2215c and closed steady at inside
figures.
Only a moderate business was transacted in
lard and the feeling was easier Opening sales
were made at a slight advance, but the market
soon weakened and prices receded 2H@5c.
Toward the close the feeling was steadier and
prices advanced slightly and the market closed
comparatively quiet.
Only a slight business was reported in ribs,
with the feeling stronger. Early sales were
made at 5@715c advance, but a weaker feeling
was developed later, and prices receded 211@5c.
During the latter part of the session the feel
ing was steadier. with prices more favorable to
sellers.
The leading futures ranged as follows:
WHEAT--No. 2 May, 9414@9i@93@93c; June.
SSo9sS146sS156aS1lc; July, s2a6@sSss@s2ss9
CoRN-No. z May, 34A@S4N@s4Sas4sSc
S51s@s55zc. ''/SS
OARS : No. 2 May. 25A@25x@24k@251<c;
J!T June g. 247s@25s@241s@251sc; July, 24s4@251s9
Mss PORK per bbI;-May. SIS l71s@ls I71se
July, slS 5oGlS 50@l3 271@Gl3 35:
a s5aS sE !1 JUNE % Sc s5ss ssy i5ss sS sSs sSSs re
July. s. 5211tG6 521S@6 47lSl6 50.
SHORT RIBS: per 100 Bs.-May. IS 4O05 Az
as 4O15 20; June: S 45@5 45@5 4211@5 IS;
July, SIS 5595 S5@5 50@5 SIS.
Cash quotations were as follows: Flour firm
No. Sspring wheat s0@S7c; No. red. 9215G9Sc
rye Se $685. S95R % No. s9 Dsrlea es's noSSs: a No No
faxseed, 81 A. Prime timothy seed. 81 29Q
l 30. Mess pork per Dbl. sl3 1o@l3 15t Lard,
per lvo lbs. s6 S21s. Short ribs sides uoosel,
10; short clear sides (boxed) IS 7O@5 rs.
Sugars, unchanged.
On the Produce Exchange to-day the butter
market was firm and unchanged. Eggs. lie
NEW YORK-Flour firm and quiet Corn.
meal steady. Wheat-Spot dull and easier;
options fairly active, May &c down June and
July unchanged; other months T@lc higher
closing steady. Rye strong. Barley firm;
Western nominal: Canada 6Oa75c Barley malt
strong: Canada, 75@sOc Corn-Spot dull, &c
higher and scarce; options moderately active
and unchanged to sc higher and steady Oats
Spot active and weaker; options moderately
active and easier. Hay quiet and steady. Hops
steady and dull. Coffee-Options steady; un-
changed to 10 points down and quiet; sales,
81 500 bags, including May, l6.5o@l655c; June,
l6. 6.40Gl6. 45c; July, l635@l640c; August, 1850
1920; September, l6. l0@l6. l5c; October 1880;
November. 1880; December. l55O@l555; spot
Rio quiet. lower and fair cargoes, 20c; No.
fatbean, l71sGlSc. Sugar-Raw dull and nomi-
a1. nEirand 1inFa a aaoN.ar
confectioners' A, SIC; powdered 8 5-l6c; cubes,
sc. Molasses-Foreign lower; sales of
two cargoes Cuba at 19c for $40 test:
New Orleans strong. Rice, firm and
Tallow about steady; city Cs2 for packages),
4 1890 Rosin firm. Turpentine steady at 39J5c'
Eggs firm on choice; Western. 1215@l2slc; re.
cepss si0 sSs packages eipk PSTk stronger
Sn. Cutmeats quiet and easy; picked bellies,
511651sc; do shoulders, 51<@5s6c M1ddles
strong. Lard dull and lower: Western steam,
Sc 6111; sales, 1000 tierces for export at s6 65@
20; options, sales. 1000 tierces; June. s6 66:
July, So 49, closing at S6 76; August. s8 Sc:
September, s6 94@6 95, closing at s "a; October
s. 80 Butter less active and easier; Western
do factory, 415@lOc; Elgln. l9Gl9Kc. Cheese
easy and quiet; Western old, S@9lIc
PHILhDELPHIA-Flour firm but uriet.
winter patent. IS Is; Minnesota patents, SIS 40
as So Wheat nominal; rejected, 73@sOc; fair
y, choice
81 o.; No. red. s6G97c: June, s5@sec: JuIy SSS
94c; August 9l1{G92c. Corn firm; No. linked.
on track, SIC; No. MIXED, on track, 3sl6c: No
8 high mixed and yellow, on track, 8g15c;
No. 2 mixed, in grain depot, 421Sc; No. bigh
mixed, in Twentieth street elevator. 421Sc:
No. mixed May, A15@42c: June, 4IsS94lszc:
July, 434Gl2le; August, 42kQ43c. 0ats-Car
do choice 3514c: futures dull and N@1Sc lower |
for all months except August, which ruled |
firm; No. 2white, May, 33A034Ic; June, $500
SSszc; July; SS4gSS54c: August SO931c Provi-
sions steady; falr jobbing demand. Butter |
quiet and weak; Pennsylvania creamery extra. |
lSc: do prints extra, Wholesale zoe; jobbing, 2i
@26c.
BALTIMORE -Wheat-Western easy: No.
winter red, spot, Csc; May, s4115c asked; July,
9lA@92c; August 9l15c asked. Corn-WesteTn |
firm, mixed spot. 45c; May. 43c; June and
July, 4l34Q42c; August As16i2c; steamer. zIc |
bid. Oats steady; Western white, 3S039c: do |
mixed SoSe bgTs6 graded No white ssc Rye
steady: prime to choice timothy, sl3@lI Pro |
visions fairly active. Mess pork-old, sl2 rs;
new, sl3 90 Bulk meats-shoulders, SIC: long
&c; sugar-cured smoked shoulders.
&c. Hams-small, ll34@l21%c: large lO6lIc
Lard-reined, nc; crude, 61x@6%c. Butter
very active and scarce; Western ladle. l2@lSc,
Coffee dull; Rio cargoes, fair l915@l9zc.
ST. LoUIS-Flour-Market firm, but trad
ng light. Wheat-higher; the close was weak
md &c above Yesterday; No. 2 red. cash, 9S1Sc;
uly closed at Ss14c bid; August, S715c asked;
september, sS13c nominal; December. 9OLc
asked. Corn again higher and feeling strong;
No. mixed, cash, S515@355Sc; May closed at
NC bid; July. 3322s@33I&c asked: August. 34c
ash, 2717930c bid; May, 2715c asked; July, CSC
Rye unchanged Barley-Very little demand:
owa, 4lc. Fla1seed nominal at 81 45 Provi-
ions steady and firm for boxed maats, but dull
or pork and lard. Pork, Sl3 25@l8 so.
MlNNEAPOlIS-The demand for No. North
IN wheat was not as good to-day as il ,rns uns |