Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-19

Wb--.v still FIuctuates. But Within More
Moderate Limits-Erratic Movements of
Corn-Gats Easier - Rye Excited And
Breaks-Provision Fluctuations Fairly
Active.
CAGO-The close of the market yester-
Jlav at 81 03 FOR December wheat left it
Gruuded OF the sensational addenda which
excitement had added to a naturally strong
condition of affairs. The foreign markets
had lost good deal of yesterday IS buoyancy
and like the trade on this side, appeared to
crave rest. The principal fluctuations in
December wheat up to about ten minutes of
the close of the session, were as follows:
Opened at from 81 O3 to 81 03I1 then sold at
81 q 81 o. 81 O25, Il O3, 81 C212. 81 O41a 81 O2s
81 CSlI. 81 ols4, 81 0814
The highest point of the day was reached
about Il O'Clock, the advance which oc-
CURED then making the quotation 81 O4L 1t
WAS causcd by 4 New York dispatch which
reported that Russia included wheat in the
order prohibiting exports. The truth of the
report WAS much doubted, however as only
one house here received any such news. The
weakness which the market showed in the
latter part Of the session was due to the
lower quotations from the foreign markets.
There was a shortlived squirt from 81 0215 TO
& u3k about ten minutes from the close, but
Il Immediately became heavy again and
dropped 20 81 021a at Ills P. NJ. December
privileges for Wednesday were quoted
around 991ac and 81 "a.
The corn market acted very strangely all
the morning. j was hopping up and down,
mostly between 63c and CSC, with
extreme prices at 621+c and 651ac for septem-
Der. This future opened around 631sc, with
sales at &c and 63lz C at the same time The
price touched 62$4c and rose to 631ac in short
order. Then il sold at 63lSc and went up
with bulge in wheat and covering of shorts
20 65l4 &c, to 64j4 c, and to 65l< &c third time
August sold mostly between Csc and 6615c
There was less action in the late futures.
The prospect OF a squeeze in September corn
continued and made short selling for any
length Of time out OF question.
Corn became very bOuyant the last half
hour, when it reached the best prices of the
day. August was quotedat 672sc at the close.
September sold at 65Lsc and closed PC over
last night. October ranged 5734c and 6015c.
september corn puts sold at 5334; calls 6715c.
oats closed from &c to &c easier after
experiencing moderately active day.
Trade was of scattering char
acter. August opened at 29c declined to 2sc
29lsc down to 2s1ac, closing at 2s5zc, while
May started at S2l<c, advanced to 521zc,
weakened to BIC and closed at 32c.
\ break of 697l%c occurred in rye There
was good buying OF cash and selling of for
cigners. who bought a good amount of cash,
and at the same time sold September freely
They also did considerable reselling Au-
gust sold at 97cdsl 90 and closed at 9615c |
sellers. September sold at 95c@SI 90 and |
closed at 95a96c. October was traded in at |
g2Ggls1c and closed about &c under Septem- |
Der. No. 2 sold at 9jc@$l 90. The market |
was active and quite excited. |
The trade in provisions was fairly Lively |
to-day. In pork the prices fuctuated con |
sidrrably Opening sales were made q 2LsR |
Sc decline, followed by further reduction |
Of 2J5c At the reduction the demand i'm |
proved and prices advanced 321aQS5c. Later |
the prices settled back lO@!252c and closed |
and the trading light Prices opened 2tlG5c |
lower, but rallied again and closed at outside |
figures steady. Short ribs were fairly active. |
Prices ruled 2LG05c lower at the opening |
but quickly rallied again. Toward the close |
prices settled back 10 medium figures. but |
advanced again and the market closed firm. |
Tie leading IutEres ranged as follows, as |