Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-08-20
SEE-SAW GRAIN MARKETS.
Wheat Ends With n Rally-Corn tho strong.
est Cereal on the List, Closing Very
Active-Onts Show Much Strength-Pro-
visions Moderately Active.

Wheat Ends With n Rally-Corn tho strong.
est Cereal on the List, Closing Yer,
Active-Oats Show Much Strength-Pro-
visions Moderately Active.
CHICAGO-As usual of late there wns @
high tension at the opening of the wheat
market this morning, and because of a pros
pect of n squeeze in corn and q cold wave in
| the Northwest there was a good bulge the
| first half hour. Cables received were very
| conflicting. Sales of August wheat were
principally between 81 ol and 81 05; Septem-
| Der, between $3.50 and 81 G2. December
opened about ! cent mp around 81 o313
touched 81 o. sold back to 81 0215, up IL
81 0S14, to 81 Us. to 81 0S3 to 81 Oll4 10 81 Ol1
to 81 0l5s, to ca, TO 81 0l5s. to 81 OPS, to
O'Clock
The wheat market took another bound at
the close and sold at the high point of the
day for December, at 81 0414, and closed
strong at 81 o., or ~ cents up from last
night. August closed atsl 0S11 September,
81 G21s.
The leading interest on Change at the
| opening was in the corn trade. The talk OF
| large holdings OF corn, which does not come
out on any advance yet made, has caused Il
| more pronounced feeling about a September
deal. This put the traue on its mettle ut the
| opening. The most general beiiet is that Mr..
Hutchinson has hand in holding the long
corn oil the market, and with the farmers
holding the actual stuff back a squeeze
The market started very flighty. The first
price was quoted by many around G712c for
September, while sales were quickly made
ali the way from &c TO CSC. There was a
drop TO 6715c and II second bulge at the end
OF the hour to 6Sl5c. From this there was Il
sharp declinde with the break in wheat,
carrying the September TO CSC. 1t then be-
came see-saw market, advancing to G1l4c
selling again at 661l to 66zc, to sc, TO 671 &c
and to &c at O'Clock.
The corn market became very active and
strong at the close, ana again sold close to
top figures. Then September recovered to
Csc and closed 216c over last night. August
sold 69lsc on the early bulge and back to
6631c, closing 6S1sc. October sold to Gle, to
6ls4c, to 803sc, to 0l15c at the Close.
Considerable strength was apparent in
oats at the start, when prices were 1E@15c
to 327sc, when the market broke to CSC for
August, 2s3sc for September, and 32l4c for
May. The decline was due TO the slump in
wheat and free selling. The market after
ward rallied 14@5Fc under fair buying. There
is quite a bulge just before the close, par
TALLY on account of the bulge in the other
markets and partially because of good buy
ing.
The provision market WAS only moderate
ly active and fairly firm, without much bust
ness. Pork was active and prices irregular.
The market opened stronger at 712G0l0c nd
vance. and a further appreciation of l2I50
l5c gained. Later prices receded 7326
lOc and closed coulpafn lively steady. Lard
had Il fair demand. Prices ruled 50l7l5c
higher on the whole range, and the market
closed steady Mt medium figures. Short ribs
were fairly active, though the prices were
somewhat irregular The close was rather
steady to firm.
The leading futures ranged rs follows, as
corrected by John NJ. Oakley & Co.. 45 Sixth
street, members of Chicago Board of Trade: