Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-09-06
MARKETS BY WIRE.
Wheat Active and Higher-The New York
Failure Tided Over-Good News From
the Corn Belt - May Oats
Strou1-Pork Steady.


After that the market ruled quiet and steady
for while, but at the close again showed more
life, and prices also were further advanced.
The opening was about lN9l3lc lower than yes
terday's closing, and it was expected that the
market would open panicky, but instead active
buying started in at the decline and firm feel
ing developed. prices advancing about l@Hsc
above opening figures, held steady and later ad-
vanced Ac more, and closed nc higher than yes
terday.
The New York failure caused some appre-
hension among operators. and it was on this
dealers feared a panicky feeling. but it was
claimed that the interest of this firm in gram
was small, and the action of few large traders
in buying freely at the opening checked further
decline. There was nothing specially new In
way of outside news.
Corn-There was fair trade during the first
half of the session, after which the market be-
came rather quiet. First trades were at 3sQ1sc
decline. the market ruling better later on. sell
Ing up %c, reacted some, became stronger and
closed with N@Nc loss. Good rains were re-
ported in the corn belt, especially in Iowa, with
the temperature normal.
Oats were weaker and sold 1Sc lower early in
the session. The recession induced a number
of buyers to take hold, and prices advanced
LQ3lc, May showing the most strength, and
closed at almost outside figures. and at Nc adj
vance on yesterdays closing for May, but at a
slight decline for near deliveries.
u Mess Pork-An active trade was reported;
at 35Q37Hc decline, quickly followed by fur
ther reduction of 35@3715c. At the decline the
demand improved. and prices rallied 3OG4Oc,
and ruled comparatively steady.
Lard-A fairly active trade was reported.
Opening sales were made at sc decline, and
few sales were made at further slight reductions.
Later prices rallied 59l0c and closed compara-
lively steady.
Short Rib Sides-Quite an active business
was transacted. Opening sales were made at
10c decline and further decline of l0@1215 was
Itr,f fod -nrif. inh IL. N
closed comparatively steady.
The leading futures ranged as follows:
WHEAT-No. 2. September, s724@994@97A
O2sz; May, ST O4116l 061lGf 0414@l G67k.
455GGc; October, 445lSl55G@ G@4lss@ @lSe; May. HSss
oars No. 2 September, s47s@s59s4A@
S5c; October; 845SGa5I@a9s9s51sc; May, $50
MISS Pork, per Dbl. sentember SO OO@
80; January, s11 5O9I1 575<@0li I21lQl1 S.
LARD. per 100 bs.-September. So l5@6 2o@
8 1895 20: October. s6 221996 3O@6 2214Q6 30;
asaoTy SHORT r R1Ss pez SgS 100 s.
@5 2215@5 2O65 221S; October. s. 25@5 $50
@5 2O@5 IS: January. S. 65@5 721I@5 5O@5 TN.
Cash quotatlons were as follows;
flour dull and unchanged. No spring
wheat. $3.50; No. 8 spring wheat. 9O@9311c: No.
2 red, 995Ic. No. corn, 451s9451lc. No. oats,
35c. No.2 rye. 5916c: No. barley. 75c. No;
/ 81 Mess pork per bbl, 50 80. Lard per 100 lbs.
s6 2211. Short rib sides, loose. s5 25@5 35; dry
salted shoulders. boxed, S. 75@5 S713; short
clear sides boxed EDS; 50 SOgS 90 s4gars NJ un
do. 3474&35c.
On the Produce Exchange to-day the butter
market was steady and unchanged. Eggs, 1611.
NEW YoRk-Flour dull, heavy an d irregu
unsettled. closing stronger. Options early
were 1as@l1sc lower, because Of an impression
that the Sawyer. Wallace & Co. failures would
demoralize affairs, but when it became known
that their interest in wheat was light prices re-
covered 13sQ1%'. and closed steady at 114@
1asc under yesterday; October. 81 0l5s@1 G21s,
closing at 81 04sz May, 81 OSa1 69%. closing TIs a.
81 0g9. Rye strong and quiet. COrn-Sales,
92O, 600 bushels futures; 152, 900 bushels spot;
spot market moderately active. A@lc lower:
HD nnsraded ssd saSsac; stesSsT SSHe mEsd n0ai
5215@53c. Options declined 3Ia35sc
with wheat, recovered and closed steady at Tc
over Yesterday; September 52lc; October,
closing 52ss; December, 5l1@52sS. closing at
525sc- May, ,5312 24537ac; closing 5S1ac. Oats-Sales
5000 bushels futures; l04, 000 bushelsspot Spot
dull irregular; September, 4OQ4O1Sc: closing,
4016c; October, ,3915 040c CLOSING 40c; No 2 white
October, Ale; spotNo. white. 4l@4l1Ic; mixed
western, ,2S@42c: white do 41@5lc; No. Chicago
4lAc. Hay easy, quiet. Hops strong and wanted.
5@l5 points down. closed $ eady at 15@
80 points down: sales 5000 bags in-
17.2O@l7.3Oc: November, 167O@l675c; Dec;
February, 1575c; March. l5.60915.7Oc; April
l5.4O@l5.6oc; May. 1a3o@l5.5Oc; June. 15OOQ
cargoes. 2O3lc: No 7. l9c. Sugar-Raw quiet,
active and higher: fair refining, 7-16c; sales
of Muscovado, s9o test. at 59sa5 7-I6c: do, SO
s!asaau sc! ts tes SSc e. sfi
refined again higher; e, 5ssc; extra z, SLIGO
514c; white extra c. 6g6 6-l6cj yellow, 500
SIC; off A. 61sg6 5l6c; mold A, IL l6c; standard
A. l6c: A, SIC: c:cutIoaf, 3l6c;
crushed, 3-l6c; powdered, &c; granulated, 654c;
cubes. 6zac. Rice firm and in good demand.
SIC for October. Turpentine dull and nominal;
Eggs quiet and weak; Western, 1s@20c. Pork
declined 75c per barrel on failure of
Sawyer, Wallace & Co.; mess. s12 25
easv. Lard easier and quiet; Western steam,
s6 471S: sales. 500 tierces; options sales $500
tierces; September, Sc As; October, Sc 81: No
vember, s6 81; December, Sc "a; January, So 92
Butter quiet: choice steady; poor easy: Wes-
tern dairy, 914@14c; do creamery. 12@24c.
Cheese quiet and unsettled; Ohio fats 60734c.
ST. LOUIS-Flour dull and easy. Wheat
Trading was good. and though early the mar
ket was weak, later some strength was devel-
oped and the close was firm. The opening was
nc for December and ]&c for May. Light
receipts and good orders caused q irmer feel
ing and an advance of A@7sc was reported, after
which prices sagged somewhat, but later re-
covered on higher outside markets and closed
1-l6c mp for December and May; No. cash,
97s4@991lc; December, 81 021s@l 0214; May.
81 67H asked. Corn-Business was moderate
and The feeling firm. The opening was Nc
lower, but later the loss was regalned and the
close was steady: No. leash. .44s4@45c; October
and December, 44Ac nominal; May. Acc bid.
Oats-From a weaker opening the market ad-
vanced and closed at about yesterdays figures;
No. 2 cash. 3234@3315c; Septem her 330331 &c bid;
October. 33llc bid; May, 3S1l93S1sc bid. Rye
dull No. q &C asked. Flaxseed 81 40 bid.
Provisions-Pork, $40 So Lard. IS S713.
eat-Western weak: No. Q
winter red. spot, ard September. 9534@96c;
October, 971z@9713c; December. 81 0074. Corn
Western dull; mixed, sDot, 53Q531ac: spot,
521<c, sellers; October, 515s952c. Oats fairly
4l@4211c; graded No. 2 white, 44c: graded No.
z mixed, 4219c. Rye easy; choice to fancy, 7l@
73c: good TO prime, 69070c: common to fair,
65@67c: Hay quiet; prime to choice timothy,
new. Sl3 90: old. sl2 90; bulk meats, loose
shoulders, 61lQ6Ic; long clear aud clear rib
sides, 61dc: sugar picked shoulders, &c; sugar
cured smoked shoulders, Sc; hams. small, 139
131ac; large, ll4@i2c. Lard-Refined, re;
crude 61Sc. Butter firm; creamery. fancy, 22Q
23c; do. lair to choice. lS@20c; do, imitation.
l4a16c; ladle, fancy. l3@l4c; do, good to choice,
1lGl2c; lore packed, 9@l0c. Eggs steady at
1920. Coffee quiet; Rio cargoes, fair, 2O11c;
No. T. 19c.
PHILADELPHIA-Flour weak and dull.
Wheat weak and lower: No. 8 red in export
elevator, 90c; steamer, No. 2 red, in export
elevator. 90c; No. red, in car lots and in ex-
port elevator. 96e; No 2 red, September; &54@
96c: October, g@S774c; November, 9S74@sSc;
December, 81 O0Ql UO13. CONCEPTIONS weak
and lower. Car lots for local trade in moderate
supply. No. 2 high mixed. In grain depot,
585Sc: No. in Twentieth street elevator, ,57c;No.
2mIxed September October and Noyember