Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1891-04-14
MARKETS BY WIRE.

| Strong Wheat and Corn Market, Followed
by the Same Feeling in Similar Lines
Re equirements of Europe Lead the Deal
ings in Wheat Futures.
cHlcAGo-The wheat market was strong.
corn was even strong er, and the other specu-
lative markets took their tone from those first
named. hutchinson had an enormous guam
tity of July wheat for SALE and there were
plenty of buyers foriIt. Clifford took 3UO, GOO
bushel parcel from him early in the session.
The closing prices show a gain of cent on
May and u cents in July wheat. The require
ments of Europe again led the dealings in
futures in the Chicago wheat market
The weather on this continent was all
that could be desired for the fall
sown wheat, alt hough a recurrence of colder
weather in some sections of the Northwest was
reported to be still further delaying the seed
ing of the spring wheat. Gables came stronger,
and the winters damage to the European crop
is having its effect on those markets. The
French farmers, with the loss of their crop
staring them in the face evidently dis
posed to keep what they still have of the pre-
vious crop, and are compelling the millers to
NIL the void SO caused by importations from this
and other countries. May wheat opened at
about He over Saturdays closing quotations.
while July made jump of HG3lc. May sold
from 81 OH to 81 05 when trauing commenced,
and July at from 81 031f to 81 0354
The July future lost some of its initial
ment shortly after the opening. but May was
held above 81 % and advanced later to 81 051<.
July also received an accession of strength,
and when the former sold the price last
named it touched 81 o. Good takings ard de-
sirable rates were reported at primary points,
and there were rather free export clearances
at New York and New Orleans This. of
course, strengthened the market. but May
wheat, which had sold as high as 81 0554Ql 051ss.
closed at 81 053s. and July sold as high as
81 G4as, and closed at 81 U41I.
. The corn market opened frm. soon became
hrmer, and later was very strong. The closing
price is at an advance on SATURDAYS latest ono
tations of 11ac for the MAY delivery and l5Sc
for July. those figures being SIC below the top
prices of the day. The strength in the Sihand
for cash corn to go to store was largely respon-
sible for the good buving of futures by the
shorts. No. in the cash market sold as high
as Tic. Hutchinson bought freely of July.
Liverpool was quoted strong and Id higher.
Oats attracted more attention than usual
aud were fairly active. acquiring considerable
strength through sympathy with the other
markets. The market closed firm with May &c
higher and July lc. The heavy advance not
iceable in the latter future was caused by the
shorts, who forced the price up.
The opening of the provision market was
rather tame and at lower prices for pork and
lard, but ribs met with fair inquiry and a
good demand sprung up for the other specu.
lative ar ticles also, resulting in considerable
advances being established over Saturdays
closing quotations.
The visible supply of grain, as reported for
the Board of Trade, is as follows: Wheat,
p, ,S44 GOO bushels, decrease, 140 900 bushels;
corn, 2, 1881 600 bushels, decrease, 1913 600 BUSH
els; oats. 1885 900 bushels increase 81 000 BUSH
els rye 456 600 bushels increase. 2l 900 bushels;
barley, LO4O.0O0 bushels, decrease, 2S6,0O0
bushels.
The leading futures ranged as follows as cor
rected by John NJ. Oakley & Co., As Sixth street,
members of Chicago Board of Trade: