Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-08-28
MARKETS BY WIRE.
Heavy Realizing Causes n Drop In Wheat-
Frost Fails to Show Up In the
Corn Beh-Pork on n

Lower Level.
CHIChGO-Wheat-A large business was
transacted in the way Of covering shorts early
to-day, with heavy realizing later OUTSIDE
orders were numerous, and trading was more
general than it was yesterday. An uneasy and
nervous feeling was developed, the changes
being rapid and violent. fluctuations covering
a range of 2lzcc. The opening was stronger
and sales were made at 10l1zc advance on yes
terday's closing figures. but the opening proved
to be the top, and prices were 21se and nc
lower for May and then rallied slightly, but
declined again, selling off &c to inside figures,
and closed about l@l1<c lower than yesterday.
Corn-The frost predicted for last night in
the corn belt failed to materialize, which was q
great disappointment to holders. and large
quantities were for sale upon the opening.
First trades in the speculative market were 1t
about the closing prices of yesterday, but a
weak undertone was apparent and prices soon
and closed with a loss of XGlc.
Oats were fairly active but unsettled. the
feature being the weakness and decline In the
selling by several large shipping houses, but
after decline Of &c TWO large receiving houses
Dought freely anu caused slight reaction.
The other futures receded KGssc, and the
market closed easy at almost inside figures.
Mess Pork-Trading was moderately active.
Oner1ngs were not very large, and the demand
was fair, with trading chiefly in January and
May contracts, and mainly on local account
Opening sales were made at SC advance, but
later in the day a reduction of l21z@l5c was
made and the market closed active.
Lard-The tone was steady. with only moder-
ate trading. Offerings were not very large and
thesdemand was fair in a quiet way. Early in
the day the market was stronger and prices
ruled about 236c higher, but the feeling was
easier later and prices receded 2xQ5c. The
market closed steady at inside figures.
Short Rib Sides-Quite good trade was re-
ported, though the feeling was somewhat un-
settled and prices irregular within small
range. Offerings were fair and the demand
rather active at tunes. Early sales were made
at yesterdays closing figures. but the offers
gradually ENLARGED and prices declined again
@112c. Toward the close the feeling was
steadier and the market closed quiet at inside
figures.
The leading futures ranged as follows:
WMEAT,NO. a.sI z August. g 0S@i osA@l 0A
o43l: December. 81 os74@I I09l 071S4l G7sS.
ss@Ssg, 4s5zSsszSssSSss]sc; Nay. 6asS@52k
oATsNNo. 2 August 87,ses71@S7@s71<c;
September. S09sgS61sG GSs1s@St1sc; May. Sss
: MESS PORK, per Dbl-se2tember; SO a5@ g
@lO 20; January, sI2 6O@l2 6OQl2 453l2 Az
LARD. per 100 0bs.-September S6 271z@6 2711
Ss g. s2SS 22 s 9st0SsT g s2Ss g. 43s 40S
SHORT RIBS, per 100 bs.-September, IS 35@
5 35@5 H71@5 ~; October. IS 5O@5 50@5 42x
as ~: January, s. s5G6 s595 S5@S s7A.
Cash Quorauons we're as follows;
spfns sssnay wheat SS ssaRF rssa Me-
81 o5 No. 2 corn, 4s1sc. No. 2 oats.
374@5715c No. Frye. &c. No. 2 barley, 7O@72c.
No. l daxseed.sl S6h@lS7. Prime timothy
per 100 lbs, Sc 20. Short rib sides, loose.
IS 25@5 3O dry salted shoulders. boxed, IS 75@
S71f; short clear sides. boxed. s. 7O@6 75.
S716@3ScH; No white oats. 8e1z@37zc.
On the Produce Exchange to-day the butter
market was steady, with good demand for
fancy grades Eggs steady and unchanged
NEW YoRk-Flour quiet, closing irregular
Spot unsettled, closing a0lc off and dull;
options advanced early lGlAc on reduced
French crop estimates and bad weather abroad,
reacted and sold off Ds@2ssc, closing weak on
quiet and firm. Barley nominal Barley malt
dull; country S0@S5c; city, S5G90c. Corn-Spot
irregular, closing lower and moderately active;
and desire to realize, partly on Western &C
count. Oats-Spot weak, fairly active and 10
H5c down; options quiet and weaker. Hay
dull and steady shipping, 30GS5c. Hops steady
points up to points down; closed steady and
unchanged to Is points down; sales 43 600 bags,
including August, lS.20QlS. Soc; September, 1910
l665Gi67O; December, i65O@i655; January,
l605; March, 1870: spot Rio firm ana
quiet; fair cargoes, 205<c; No. fat bean, 19c.
Sugar-Raw firm; Lc advance asked; market
quiet; refined quiet and firm and 1-l6c up at
4x@5c; c. SIC; white extra G. 515@5 9-l6c; yell
low. Es@5c; off A, 9l6G554c; mold A, &c;
standard A, 61sc; confectioners' A, &c; crushed,
Foreign nominal; New Orleans firm and
quiet. Rice in good demand and firm. Cotton
seed oil quiet and firm. Tallow steady. Eggs
cepts S,5s2 packages. Pork active and steady:
mess, So 25@l3 90; extra prime, $40 0OQlU so.
Cutmeats firm and active. Middles quiet and
firm, Lard lower and dull; Western steam,
s6 so; sales, 250 tierces; options sales, $500
tierces; September closed at So 4s bid; October,
Sc 64@6 65; November, s. 79 asked; December,
s6 1906 90 closing at Sc 80 bid Butter-Choice
l1@l4c; do factory, 71S@l3c. Cheese dull and
firm; skins, 24215c; Ohio fiat. 51aQ7H.
ST. LoUIS-Wheat-Fre selling was the
cause of large business and lower prices. The
market opened 1sQSc up and advanced HG1zc
more, but values broke and declined X@1c
from the highest point A rush to sell caused
further declines, and though the market re-
acted slightly, the close was at declines of Lc
for September and May, and &c for December:
September 81 OO1Sc; December 81 O511c; Nav
81 II bid. Corn-Trading was fair and the
market lower. The opening was at prices about
the same as yesterdays close. but bearish news
caused downward turn. Fluctuations were
small. the course being generally downward.
and the close at declines of 36@1c; August, 45c;
z5c asked; October. 453Sc bid: De-
cember. 1870 asked; May, 4SI@lssc Oats
There was a good demand early, and though
prices were lower. there was a firm feeling
which, however, turned to weakness under free
offerings; September. 3415c;May. 3SsSc asked.
Rye-No 2, 6S@69c. Flaxseed 81 32@I 3d. Pro
Sll rs. Lard S6G6 l23<
PHILADELPHIA - Flour firm but ouiet
Wheat opened &c higher under stronger cables
The advance brought out free speculative sell
ITS and prices reacted to about yesterdays final
ales closing weak; No. z red, in export elevator
Il U51%: No. 2 red, August and September 81 O5h
31 O5sl; October, 81 0614@l O6A; November
i 07169l 073z. CONCEPTIONS opened a shade
irmer in sympathy with wheat, but afterwards
teady but quiet; No. IN grain depot SIC; do
n Twentieth street elevator mixed August and
September, 65x@56c; October. 55sz@56c; Novem-
,er 5665615c Oats-Carlots Q1iet and a shade
weaker; new No. white. 433I@44c; new No.
White, 45c; old do, 46: futures neglected and
lominally unchanged. Butter quiet and irreg-
liar; Pennsylvania creamery, extra. 22@23c:
rania firsts, 201a@2lc.
MILWAUKEE-FIour firm. Wheat active;
70. 2 spring on track, cash. 81 0l@l 04; Sep.
ember, 81 O0c: No. i Northern, 81 o. Corn |
Iuiet; No. 8, on track, 4915c. Oats easy; No. 2 |
White, on track. S71f@88c. Barley firm; No. 2
n store. 64c. Rye firm; No. 1, in store, 69c.
ToLEDO-wheat active and lower; cash and |
august and September, 81 OK; December,
or; May, 81 13lz, Corn dull and steady; |
,ash, 5lc: May, 49c. Oats quiet; cash 39c. |
steady; cash, "a So; October, 81 80; |
81 20
DuLUTH-Wheat was inactive and weaker |
o-day; closing quotations are as follows: l
august 81 Is; September, 81 o71z; December.