Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-26
MARKETS BY WIRE.
Booms Exploded and Business Moving
Along neutrality-suspicious. In
Wheat Proceeding Cautiously
for of,


Along Smoothly-Operafors In
Wheat Proceeding Cautiously
for Fear of snap.
| CHlCAGO-A fair business was transacted
in wheat to-day and fluctuations were again
confined within moderate limit and no new
| features were developed. There was rather
bearish feeling but operators were slow to sell
very freely or take to the short side evidently
fearing they might be caught short, as the mar
ket responds easily to bull influences. But the
| fact that each advance of late has met with
free speculative offerings has created the be-
lief that operators were selling quietly-realiz
| ing on long wheat.
| The market to-day ruled quieter than on any
| day since the advance started In. The opening
| was about the same as the closing figures OF
| yesterday, ruled irregular, advancing &c for
July and closed &c higher for May and 1sc
| lower for July than yesterday. There was
nothing in the way of outside news to affect
the market particularly. Cable advices were a
little irregular.
| Corn was only moderately active, the market
| ruling rather dull, with the feeling somewhat
easier. Operations were largely local and fiuc-
| tuations narrow. The market opened shade
| under the closing yesterday, was easy for a
| time, rallied little, but closed weak and &c
lower than yesterday.
Oats were quiet and easier There was less
disposition on the part of a majority of traders
| to buy, they being afraid of the amount un-
loaded by several large holders. On the other
| hand they were rather reluctant to sell, hence
prices changed hut asc.
Trading was moderately active in pork and
| prices ruled irregular Opening sales were
| at SC decline, after which an advance of 25Q30c
was gained. Toward the close the feeling was
| easier and prices settled back 10@l5c, closing
quiet.
A fairly active trade was reported in lard.
naes TeTe made early az about 6ne closlng m
nc. Toward the close a quieter feeling pre-
vailed, and prices eased of slightly, the market
closing quiet,
Quite good trade was reported in short ribs,
and the market ruled stronger. The market
closed steady, with prices 71a@10c higher.
The leading futures ranged as follows:
WHEAT-No. 2 April. SS749sSh@S734@
SS1zgS715 5@s734c; july. S65s as 6s6A A@S6sSc.
CoRN@No: z April. 827s@32111 19S21 sa821sc;
Nj Nay 81 .Ss27s@a24@s2A9s214c; July. S37S9Sa15@
OATS NO. 2 May. 247se2475@2gla2ezc;
June, 241s@AA9A@24c; July, 237sGAG2$55s
MESS PORK, per bbI-May, s1s 55@1a sO@
July sl3 7O@13 S0@13 7OGl3 20.
LARD, per 100 Bs. = May. 50 2714@6 359
6 N15@6 s5; June; So 8214@6 4Oa6 s214@
SHORT RIBS sOsH Der ss i6G sSMay IS 2255 soa
IS 4O@5 5O@5 4O95 so.
Cash quotations were as follows: Flour more
active and firm. No. 2spring wheat S734@8S11sc;
ssHc. No. 2corn. S21sc. No. 2 oats, 241S924ssc
Mo- rye, 4s1S@5Oc No: 2 barley, nominal. al
Mess pork per Dbl. Sl3 6219. Lard. per loo lbs.
S6 3215. Short ribs sides (loose), IS 3OQ5 35;
dry salted shoulders (boxed), S. 0OQ5 %; short
clear sides (boxed). IS 6095 65. Sugars un-
On the Produce Exchange TODAY the butter
market was firm and unchanged. Eggs, 1O13c.
NEW YORK-Flour dull and heavy. Wheat
Spot irregular and quiet, closing firm; op-
&c down, closing steady. Rye firm. Barley
firm. Barley malt strong. Corn-Spot irregu-
lar. less active and weak; options dull and
&c down. Oats = Spot steady and dull;
Hops quiet and steady Coffee-Options opened
steady, 5G15 points higher; closed steady, log
IS points higher; sales 40 250 bags, including
1670c; July, 16.55@l660c; August, 1635@l6. 45c:
September, I6. 259l6.3Oc; October, 16.1 1Oc; No
yember, Is. 75@l5.S5:; December. l57O@l5 Soc:
1860; spot Rio steadier and ''V dull; fh' fair
cargoes, zoe; No. 7 fiat bean. l8c.
Sugar-Raw firm; fair demand: sales 1.149 bags
centrifugals, 96 test at 9-16c and 23S bags mo-
lasses, selling as 81 test, at 916c; refined firm
and more active; standard "a" 6Lsc; granu-
lated, &c. Molasses-Foreign steady; New Or
leans firm. Rice active. Cottonseed oil strong.
Tallow firmer; city (s2 for packages), 9-16e.
Rosin firm. Turpentine more active and lower;
Western, 1214@i2Kc; receipts, lO.4I6 packages.
III.
firm; western steam, s. IS; options sales 5000
tierces; May. ,6 5S@5 So, closing at s6 SO bid:
June s6 66; July. S. 7l06 75 closing at S6 75
asked; August, s6 So; September, S. 81 bid;
Choice fresh firm and active; western dairy. 10
12c; do creamery. 10@1815c: Elgin. l914Q20c.
Cheese in moderate demand; western, 90
1Ohc.
PHILAoELPHlA- Flour firm, but dull.
Wheat firm, with fair demand for desirable
grades; rejected, 74GS0c; fair to good milling,
SS@94c; prime to choice, 964Sl; No. red. in
export elevator, S4sc; ungraded, on track, 9S15c;
92@9Sc; July S911@9O1lc. Corn-spoE and April
firm, but futures beyond this month declined
Nc, under light export demand and lower re-
ports demand and lower reports from other
grain centers; carlots firm with fair local
trade demand: No. low mixed. in grain depot
34c; No. high mixed, on track, SSc: steamer
No. mixed, track and grain depot. 4Oc; No. 2
low mixed in Twentieth street elevator Ale;
No. mixed April 4034@41c; May, June and
July, 40A@409c. Oats-Carlots dull and in
buyers favor; No. 8 white, 3415c; No. white,
2 white. April, 3l14@3424c: May. s214@325Sc;
June, S2@3214c; July, 3214Q3216c. Provisions
firm with good jobbing trade. Hams, smoked.
11@1215. Eggs dull and weak; Pennsylvania
frsts. f211c. Cheese dull; part skins, 3GSc.
BALTIMORE-Wheat-w dull; No.
winter red. spot and April, s94@S911c; May,
S914@S9Ac; July S61ac bid. Corn-Western spot
firm. futures easy: mixed spot and April. 4l@
v.
4Oss94O5sc; August. 40@4lc. Oats quiet and
firm: Western white, 33@34c; do mixed, H0
&c; graded No. white, 33c. Rye quiet and
firm; prime to choice 5S@60c. HAY steady;
prime to choice timothy. SI3 OO614 30. Provf-
slons steady and quiet. Mess pork, old, sl2 rs;
new, S13 80. Bulkmeats-Loose shoulders, SIC;
long clear ribs. sugar picked &c; sugar cured
smoked shoulders, 714c; hams, large, l0QllLIc;
small. 111a@1213c. Lard-Refined, 75Ic; crude.
6LI@61Sc. But ter active; Western ladle l26l3c:
creamery. 1S@l9c. Eggs quiet at I2c Coffee
dull. heavy and quiet: Rio cargoes, fair, 1870.
ST. LOUIS 3 Flour dull but unchanged.
Wheat lower, and the close saw May and June
&c, and July and August sl07Ac below yester-
day; No. 2 red. cash. $3.50 asked; May closed
at 86c nominal; June, S615c; July. S3lI bid; Au-
gust S2Lc bid. Corn lower and quiet; No
mixed, cash, SO11@3O24c; May closed at 297sc bid;
July, 305sc asked: August BIC; September,
3l1sc; October 3256c asked. Oats quiet; No. 2
cash, 2614@2634c bid; May, 25c bid; July. 240
241sc. Rye-No 2 SOC bid. Barley-Buyers in
different and market without life. FIaxseed
81 4O61 45 REPRESENTATIVES. from Chicago
caused firmer feeling for dry salt meats
Pork, sl2 75Ql3 so Lard-Prime steam nominal
at S6 10.
NEAPOLlS-Receipts of wheat during
the past "a hours were 337 cars; shipments, 28
cars. There was good deal of cash wheat for
sale, and the demand was only fair at the best.
while some holders called it very poor. Still
more or less wheat was being picked up. Prices
asked at the start were about the same as the