Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-05-27
MARKETS BY WIRE.
Warm and Forcing Weather and Plenty OF
Rain Cause Weakness in the Wheat
Pit - Corn, Oats and Pork
Shaw I,ittle Change.

| lower for September than the closing OF
| Saturday
Warm and forcing weather ana plenty OF rain
| had a weakening effect. The selling was heavy
some parties evidently going short, and some
long wheat was closed out The local crowd
evidently sold too freely. and, when the decline
was checked, and the market turned up. early
| short sellers were anxious to cover. There was
| nothing really but the speculative movement 70
have caused the change in prices. BAD crop
| news continued to be received from the winter
wheat districts. the tenor being about the same
! as noted for several days past
There was good business transacted 70 corn pr
| ing a little unsettled. and the market ruling
weak early and little steadier later. though
| the uudertone was not strong. The market
| opened 1SGilkc lower than Saturdays closing,
| was easy for tIme became firm, selling up "A
| Gssc, ruled easier and closed shade lower
than Saturday.
Oats were fairly active and weaker early in
the day. first sales being at L@Skc decline
There was a good demand at the decline, and
| offerings not being very large, stronger feel
ing developed: Prices advanced sz@Hc for the
near and L@ssc for the distant futures. and
the market closed steady at about inside
| figures.
Very little trading was done In pork, and
| price changes were unimportant.
| Rather more was doing in lard, and the feel
| ing was weak during the greater portion of the
session Prices ruled 715QlOc lower, and closed
steady az inside figures.
|
ribs. Prices declined 5@716c, closing quiet at
! inside figures.
The leading futures ranged as follows:
WHEAT-No. 2 May, 9418G9I1sG G9S.<e194ssc;
June: silsGsi5sGss14 4GsS24c; July, s194Gs7;sG
coRE No z May, $685. @ssSss1sc
June, 25]6S2i4S2eSS271sc July 5SS2SSsSG
MESS PORK. per Dbl. = June, sl3 O5@l8 O5
u OOglS C224; July slS 2oGlS 20; August,
LARD, per 100 bs.-June, 90 lO@s 1906 O21<9
O5; July, So 221SG@6 221S@6 1895 l71S; Sep.
tember. Sc 421SQ6 125S@6 S586 S75S.
as i2SSa5 i2s July IS SOS sos Sos 5SES 27S &
September. IS 5216Q5 5S1iG5 45@5 As
Cash quotations we're as follows: Flour dull
Snd SncSanged is.3 SG S5ssn spsng wheat S9
94szc; No. corn, SS1sc; No. oats. 2sc; No. 2rye,
SIC; No. barley, nominal; No. ] faxseed,
81 IS; prime timothy seed. 81 30. Mess pork,
Short rib sides ooseS, S. IOa5 20; dry IS salted si
shoulders (boxedl. SIS 1905 20; short clear sides
(boxed), IS 65G5 75 Sugars, unchanged.
market wasweaker; fancy separator, A@l411Sc;
finest creamery, l3Gl4c; finest dairy, 9Glfc;
fine, 6G9c. Eggs, l236Gl211c.
NEW YoRk-Flour dull and heavy. Corn
meal steady. Wheat-spot dull and lk@1Ac
and closed steady at lH@l7sc under Saturday.
Rye weak; Western, 5g1666lc. Barley quiet.
Barley malt duh. Corn-Spot active and weak,
closing steadier; options quiet 14@ssc down
and weak. Oats-Spot fairly active and lower,
closing steady; options active and lower. Hay
steady and fairly active. Co1fee-Options opened
steady, unchanged to 10 points down, closed
"a. 500 bags. including May, I7Io@I7. 26c: June,
l6.S5Gl6e0c; July. l6709l6.S5c; August 1855c;
September l6S0Ql6.5Oc: October, l605c; No
vember, l5.75Gl5S5c: December. l560@l5 75c;
JannQrV IL Enbruarv S0n.M Mar
10 45c; spot Rio steady and in fair demand;
fair cargoes, 20c: No. Z, fat bean, 1S@lS1sc.
sugar.Raw firm and fairly active; sales, 5000
tons; Muscovado. S9o test at 4szc; a cargo of
centrifugals, $50 test, at l-l6c C. l. f.; refined
firm and quiet; confectioners' A, l1-l6c.
Molasses-Foreign quiet; New Orleans quiet;
Tallow steady. Rosin steady. Turpentine
dull at 3712c. Eggs quiet and easier; Western.
l5@l5lzc; Pork quiet and firm; mess, sl3 759
IA 25; extra prime Sll 90. Cutmeats dull and
weak. Lard dull and lower; Western steam
Sc 30 bid sales. $50 tierces, Sc 30@6 IS; options
sales. $3.50 tierces; June So 81 bid; july. S. 42
lug s6 6S bid: october, Sc II, closing So 6s. But
ter quiet and weak; Western dairy, 6@llc; do
creamery, 6@l5c; do factory, 4@lOc: Elgin, i5@
1870. Cheese strong: part skins. 4@6Hc.
PHILADELPHIA-FIour quiet; western win
winter patent, IS OOG5 50; Minnesota, 81 Is; do
Straight, 81 5oG5 10; do patent IS 2O05 s.
Wheat options declined iGI1Sc and closed
carlots of No red declined Nc, but
desirable milling grades were scarce and
steadily held; rejected, 7297Sc: fair to good
milling SSQ93c; prime to choice, 9i@9Sc; IN
graded on dock, SSc; No. 2red. June, 9l]5@9216c;
Options weak and closed &c lower; car lots for
local trade quiet; No. mixed, in Twentieth
street elevator, SOC; No 8 high mixed, in do,
42c; No. in export elevator, 3616c; steamer in
do, SSc; steamer for local trade, 4264215c; No. 2
yellow, in grain depot 44c: No high mixed, in
Twentieth street elevator, 4S11c; No. mixed,
in grain depot. 4Sc; No. mixed, May, 395S@40c;
sHs osisSGay 1g lots sG T@ futures Augesf Sesf
and closed A@lc lower; No. white, May,
June, S34GS414c; July, SSs4GS414c;
August S015G8lc. Provisions steady and in
fair demand; pork. mess new, Sl3 00ll3 so; do
prime mess, new, s12 so; do family sl4 O0@i5 90;
hams. smoked, l1@l219c. Lard, Western steam,
Sc 65G6 10 Butter dull and weak; Pennsylva-
extra, lS@23c. Eggs steady; Pennsylvania
sac.
BALTIMORE wheat-western steady at
SSszc; June, sic, seller; July. giZc; Augu1sSTt, HusT
9l1S S@9l1zc; September, 9lxc. Corn-Western
weak; mixed, spot and May, 4lLc: June, $500
4O1sc: July, Ss1S94Oc; August, 4Og4O e: steamer,
3Sc bid. Oats Western white, 35GS615c; do
mixed, S4935c; graded No. 2white, 36c. Rye
dull; choice, 6S@65c; prime 6lQ63c; good to
fair. 5S@6Oc Hay very quiet. prime to choice
demand, unchanged. Butter very quiet aud
unchanged. Eggs active at l41a@l5c. Coffee
firm; Rio cargoes. fair, 1890; No. Z, l7szc. Re-
l.3T barrels; wheat, 10000
bushels; corn, q, 600 bushels; oats 13 600 BUSH
els; rye, 5000 Shipments-Flour. 8, 406 barrels;
wheat, 1000 bushels; corn, $4,000 bushels.
233 500 bushels; corn, 1000 BUSH
els.
Observation-Disclosures of wheat over
Sunday were l54 cars, with 30 shipped out
The demand for No. i Northern wheat was
pretty good, but low grades were SLOW No.
hard worked out fairly. There was more in
quiry from local millers for supplies than for
some time past Local elevator companies
were buying what they could at lc under July
Buyers for outside account we're looking around
but buying rather lightly. Closing quotations:
No. hard, May, 9lc; June, 92c; July, 93c: on
track, 92c; No. / Northern, May 9015c: June
9l1zc; July. 92zc; on track, 9l@9l15c; No, 2 |
Northern. Nav. S615c; June, SIC; July, SSc; on
track, S6@SSc.
ST. LOUlS-Wheat opened lower and con-
tinued to decline until the noon call, dropping |
l5c, after which there was partial recovery,
and the close was firm but hGlIc below Satur- |
day;No. 2 red cash, 95c; July closed at 92sSc |
bid; August. 9lc: December, 94c Corn |
opened lOwer- but reacted and closed firm; No. /
cash, 301<@S0ss July closed, 3l5Sc August &c;
S2s4c. Oats lower early but i'm |
proved later and closed steady No. 2, cash, &c;
July, 26c; August 2454c. Rye-Dull; July. SIC, |
doing. Flaxseed-S1 a. Bag |
and weak, only small job trade done.
Pork sl2Gl2 60
ClNCINkATl-Flour easier; family. So 40N |
IS; fancy, 81 SOQ4 60. Wheat weaker; No. 2 |
red, 93Q95c; receipts 4 400 bushels; Shipments
hue NJ q