Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-04-23
MARKETS BY WIRE.
Bad Crop News Turns the Tide in the "heat
Pit-Last Prices the Besf-Pork
Exhibits More Strength
Lard Weaker.

Exhibits More Strength
Lard Weaker.
CHIChGo-Speculative trading in wheat To-
day was good, though at times quiet feeiing
prevailed. A fair number of outside oroers
both to buy and sell were received but trading
was largely local. California sent IN some
buyers. Fluctuations were confined Witnln
moderate range and the feeling developed was
nervous The opening was weak ana neSVy,
and ranged anywhere from H@1ac lower tnaE
yesterdays closing figures, but the market
began to develop strength, and sharp reactlon
of 11S@l34c followed with slight changes. and
the closing was lc higher for May, lSsc nlgner
for June and lc higher for July.
The early weakness and depression was due
to weak cables. fine weather and reported rains
through Dakota. Later St Louis sent In lot
of bad crop reports, and other bad crop news
had the effect of starting prices upward. Early
sellers, too, turned buyers and there was more
demand.
A fair business was transacted In corn, though
there was little doing early, most OF the trade
occurring later in the session. Operations were
in the main local. The feeling early was
inclined to be heavy. but as the day advanced
better tone was manifested. The trade was
almost exclusively in May and July. The market
opened shade under the final quotations OF
yesterday, was easy for time, but afterward
advanced ss6%c eased off some and closed
H@14c better than yesterday.
Oats were traded in fairly and a quieter feel
ing existed. The opening was easier and he
LGssc, May showing the most strength. The
demand was soon satisfied and prices yielded
H@14c ami the market closed steady at about
the same figures as on yesterday Tor May, but
at L@1zc decline for June and July.
A fair trade was reported in pork, and this
article appeared to exhibit more strength than
other articles in the provision line. Trading
was somewhat spasmodic and prices huctuated
considerably. Early sales were made at 54l0c
decline and this was quickly followed by fur
ther reduction of 5Gl0c. At the reduction
there was little more inquiry and prices
rallied 25G30c, closing rather steady.
In lard the market ruled weak during the
early part of the day and prices receded 211@5c,
closing steady.
ribs, but the market was unsettled and ner
vous and prices were irregular and lower. A
weak feeling was developed. accompanied with
a reduction in prices of l211@l5c on Mondays
closing figures, Later prices rallied 7x@l0c,
and closed rather steady.
The leading futures ranged as follows:
WHEAT-No: 2 e., April April ss749Ss1@s6s49
ssssc: ss asy SSsSsS }afs Ssse 3See' S@
Corn No. Z April. 327z@53A A@S23sG3Sc;
Sd5 May. S2A@SS1@S2ssGaS1sc; July. ssss@SS7s@
oATs@No, 2 May, 2Hs@24Js@ 42s924sSc;
G2SIc.
MESS PORK. per bbI.-May. sl2 559l2 500
y 5O@l2 Is: June, sl2 70@l3 0O@l2 7oGl2 80;
LARD, per 100 Bs-May. IS 3715@6 S716@
8o@6 s.; June. s6 4o@6 zoG6 s5G6 20; July.
SHORT RMS, per 100 ns.-May. IS s5@5 s50
IS 1895 5O@5 40@5 4718
Casn quotations were as follows: Flour firm
and unchanged. No. 2spring wheat Ssl4@Sszc;
No. corn. 33c. No. 2 oats, 24j6, No:
rye, 49Q5Oc. No.2 barley, nominal: No. l
faxseed, 81 so. Prime timothy, 81 3O@l 80.
Mess pork, per bbl. sl2 rs. Lard. per 100 lbs.
csl IN.
dry salted shoulders (boxed), IS 0OG5 25; short
clear sides (boxed). IS 7O95 Is. Sugars un-
changed.
On the Produce Exchange to-day the butter
market was unchanged. Eggs, l01Sc.
NEW YORk-Flour unsettled and quiet
Cornmeal dull. Wheat-Spot unsettled, clos
ing stronger; options moderately active: near
by months kQlzc higher; late mouths H@5sc
higher. closing firm. Rye strong; Western.
Barley malt firm; Canada. 75@9Oc. Corn-Spot
higher, scarce and quiet; options quiet and
stronger. oats-Spot irregular and quiet.
closing easy; options less active, closing firm.
Cofee-Options opened steady, 10@15 points
down: closed steady 5@l5 points down: sales,
"a 500 bags, including April. l7;o5c; May. 1859
August l6.4OQl6 45c: September, l6.2OQl62 25c;
October, l595@l6.OOc; December. 1850
1675c: January, l57Oc: February, l56Oc;
dO s RSnins; taiF 9@ 2g
of 3.027 bags centrifugals. 96 test, at 81;
refined, 40c. Molasses-Foreign easy: New Or
leans, firm and active. Turpentine dull. 401Sc
receipts. iS,2O7 packages Pork firm. Cut
meats active, firm. Lar easier; sales $50 tierces;
Western steam, Sc 671S; sales, $500 tierces;
july, S. 74as 7s. closing at IS 7s; August s. -;
September, S6 S9Q6 90, closing at Sc IS bid; Oc.
tober, s. 81 Butter-Choice fresh, active and
firm; Western tern ds,rS l,S. 79l2e; do creamery log
l9@2Oc. Cheese moderately active, steady;
Western. 9Ql0zc.
PHILhDELPHIA-Flour firm, but quiet.
weak and lower; car 10 s ir-
and held at full prices; rejected 74@SOc; fair to
good milling. SS994c; prime to choice, 96@Sl 90;
ungraded in Twentieth street elevator, 99c; No.
red, April, sags4s4c; May, s2@92hc; June, 90
Is@1zc lower; carlots for local trade in mod
crate request and steady; No. low mixed on
track, 361zc: No. 4mixed in grain depot. SIC;
do No.s mixed in dc. .5sc: steamer No.2 mixed in
Twentieth street elevator, 3S7fc; No. 2high
mixed in grain depot 4lc: No. mixed, April,
4O@4O1Se; May, 4O@4O1sc; June. 4O@4O4c; July,
4O1z@4Q74c. oats barely steady for carlors; No.
ures dull and without any important
May, s97l@sse; June s21l les5ac; July, 53SsS$se'
Eggs steady; Pennsylvania firsts. l3c. Cheese
steady but quiet; part skins, 7@81ac.
ST. LOUIS = Flour frmer and unchanged
Wheat opened higher for options and advanced,
with few fluctuations, was active at top rates
and closed 1@lZc above yesterday; cash sold
lower early at S5115c, but closed nominally high
er at S61Sc May closed at S61ac; July. S41fc, and
August, S37Ec. Corn. was higher In sympathy
with wheat, and, although it weakened toward
the close, the finish was k@ssc above yester-
day; No. 2 cash, 3O53s@3O5sc; May closed at SOss
G3034c; July, 3l5ac: August. 3214c. Oats
higher; No. 2 cash, 25@261sc bid, according to
location; May closed at 2oc; July, 2456c. Rye
higher, but none offered; 47c bid for No. 2
Barley weak; sample lots of Wisconsin 49@5Oc;
Iowa. 3Sc. Flaxseed quiet at 81 40 Provis-
ions dull and lower
MlNNEAP POLlS-Receipts of wheat for the
day were 25l cars. with so cars shipped out
Several mills had buyers on the floor and some
bought cautiously and grumbled considerably
over paying the prices asked. Apparently they
would have been free buyers at about %c un-
der the ruling prices at which wheat was held.
Still, on the whole, a fair business was DONE
and the tables were pretty well cleane1 up be.
fore the close. Low grades were dull. Closing
quotations: No. hard April and May, SIC;
July. 8Sc; on track, S715@SSc; No. ! Northern,
April and Nay, s67sc; July, S.14c; on track,
SIC; July, SIC; on track. SlQSS16c.
RE-Wheat-W estern firmer; No.
winter red, spot, S9QSel<c; May, S915c; July,
SSc. Corn - Western mixed, spot, April and
May, 4015c; June, 4Ossc; July, 405s94l1sc; Au-
8Sc; do mixed, 3lQ32c: graded No white 8Sc,
Rye firm; prime to choice, 57@5sc Hay strong
and active; prime to choice timothy, Sl3 500 |
IA 90. Provisions-Mess pork, old. sl2 70; new,
Butter active; Western ladle, l2@lSc; creamery,
ISGlsc. Eggs steady at I216c. Coffee dull; Rio |
cargoes fair. 20c. |
CINcINNATI-Flour steady. Wheat strong:
No. red, ss@sOc; receipts, 1000 bushels ship. |
No mixed 37nS73Lc Oats easier. No q |