Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-05-07
MARKETS ey TELEGRAPH.
NEW Yory

NEW YoEE
NEW YORK. May 8.--Coticn =; sales 70
day. 229 bales uplands, 81 "a, o s-loc';
% 20. Great avP ar q s.sof bales; os stei57
bales. Southern -four quiet and steady. Whces
| 2l6a3lfc, higher and quiet No. red, el.i@tss
| si.I2IS In elevator, sf.l4lzasi.i4is aroat; OPP
| tions steadily advanced ana cioeed firm az "a
| 25sc. over last night report that rec ction
would be made OF francs In the French dny
exerted the chief influence. Cahlee we're strong
and brought free buying orders. No, rel, MAY,
s1.124; June, si.10h; July, Sl.0sb Corn
! irregular and quiet, closing rteadier; NO Z,
7sa7e,%c. in elevator; sOasolsc. siosi I'm; IN.
options lasa2c. higher, helped BY wheat and
small offerings May, ~, Ia5$e;; June, June, .osss;
| 56lSc.: July, $500; spot, No white,
SOC. Hops nrm and quiet. Coffee-Op-
tions opened steady and closed arm and UNI
s9Snsss e uR ay sn ' :pSs uRs c
steady and more active fair cargocs. $50; No.
| Z. $3.50. suear-Rsw dun and nominal; re-
tined quiet and lower; mould \; e-l5e. .,and nd,
47-Iec.; cubes, 40. Molssses- Foreign quiet;
5O-test In hogsheads, 1850; New Orleans quiet
steady and quiet; refined, New York, b.O0s
7.20c; Philadelphia and Baltimore, b.soaI.loG;
do. ia bulk, 4.U0a4.05c. Cotton-seed OIL strong
crude, on grade, 2Ja20c. Resin firm aud quiet
strained. common 10 good. eI.7O. Turpentins
quiet and steadier at 39ha3giac. Wool steady
aud quiet. Pork quiet and 1rm- Peanuts strong;
fancy hand-picked, tlic.; farmers, 2l9a3s4c.
Beef and products quiet ana nrin Lari stronger
aud quiet; western steam, 5000; city, 800;
May, 5000; July. sTOI; September, sl.31;
refined dun. Frcights steady and duiet-cotton,
5-6id. grain, 1lsd.
CHICAGO.
CHICAGO, May6.-Cash quotations: Flour quiee
and easy; spring patents, s5aso.oO; winter
| nal S.ash Ohs afrairhla "A tDa4as Nokorrf.
s4.35asi.50. No. spring wheat, sl0llsi NO.
2 red, sl.01Aasl.04. No. corn, 6slya5Islc.
No. oats, 52c Pork, sl2, Lard, so.b2tss
/ shoulders, s5.20as5.25. Short clear. st.oOa
| $500. Whiskey, Sl1I.
II was the turn OF the bulls In wheat to have
| an inning on the Board OF Trade to-day and they
| improved Il by putting the price up 20 2ssc.
| This was not accomplished without opposition
| from the bears, however, and the upward course
| OF prices was marked by number OF sharp re-
actions. The believers In lower prices are stili
| confident "a their position and are predicting
| still further reduction In values OF lO@ por
| bushel, or about 25c. from the top figures OF two
weeks ago. The conditions to-day were largely
! In favor Of the bull movement. First In impor-
TANGO In this behalf was tho reduction OF
| the French tariff on wheat aud hour TO
| an amount estimated TO DO equivalent
TO l3lsc. per bushel Foreigners were reported
| to have bought wheat at the seaboard. There
| was less pressure 20 sell and at times the oner-
| ings were very light. The market responded
!
| favorable % the bears was the weaker and
! lower foreign markets. On each break, how
| ever. the bear crowd was freely buying and but
| few OF them sold very heavily on tho Subsequent
rises. July wheat started az oSl4c., speedily
| sold 20 9olSc, broke to DSl6c., and then in-
proved To 09Ac., fell back 10 OSf4e., and
! on the next advance went 70 sLOOts,
| but weakened before the close 10 81.
| A much better feeling was manifested In
corn with less pressure TO sell and more inclina-
tlon 10 buy, the result being much stesdier
undertone than for several days past.
Receipts we're light, cables were rather
better, and prices In New York were
higher. July opened at 60a601ec., and with ono
or two reactions sold up to 6l}c., closing w. be-
| low that nguro Oats followed wheat and corn,
| and the close shows advance In the ruling
! option OF L. compared with yesterday Pro
| visions opened weak under free nqui iation by
| longs. Around sl2 for July lot OF stop-loss
| orders In pork came In and their execution de-
| pressed tho price 90 sll.hO. Thereafter, IN
! sympathy with tho cereals, the market strength
| ened and July pork sold up 20 $3.50, bat closed
! 7l5s, lower than that, though 1@lSc. above yes
! terday's closing price. July lard closed i21kc.
| higher, and July ribs 111Tc. higher.
-. NaflA