Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-12-22
Boston stocks-C1osing Prices.
+Asked. IBID.
EVERYTHING RALLIES.
Grain Is FractionaIIy Higher and Provis-
ions Materially So.

Grain Is FractionaIly Higher and Provis
ions Materially So.
CHICAGO. Dec. 2l-A lively rally succeeded
dullness to-day on Change. The market
were all weak during the forenoon, with tn,
exception of provisions, which latter al
| though Slightly lower at the start sooI
hrmed up. Corn and oats were especially
weak until within Is minutes of the close
when change to firmness suddenly caused
them to recover their earlier considerabl,
loss. Compared with last night grain ii
about 1sc higher all around and provisions
15c.
Corn was the leader. The amount of bust
ness done eSeeeaea even that OF yesterday
and the huctuati tions were wider There
was free selling by number of the larger
commission houses and for country account
There was little support to the market and
bears appeared to have everything their
own way, there appearing to be little oppo
sition to the old "bull'' combination On
the contrary it looked as there was a good
deal of selling by tired 'longs' and even the
provision interest. Some Of the prominent
receiving concerns report offerings from
country shippers are increasing materially
and at lower prices, No. 3 yellow being
bought in parts OF the State at 39c There
was also some little selling TO- foreign ac-
count. Buying to cover shorts" appeared
to be the only supporting factor and Nav
after opening UNCHANGED at 461Sc sold of
with little reaction to 451Ic, rallied to I5X@
finally closed with 1Z@sSc loss.
Wheat opened decidedly weak Nearly
everything was discourasing to holders ca
bles were lower, the receipts liberal and
BrddSLreefS reported another large increa se
in the available SUPPLY, ,577, 900 bushels
There was q general disposition to get rid of
long property, but as there were verv few
buying orders here the sales could only he
made at concessions. There was also more
or less short selling. Another reason for tnS
weakness was the sharp decline which TOOK
place in corn and oats, the weakness there
being reflected to q considerable extent in
the wheat pit good deal of talk of the
storage capacity in the Northwest beinp
nearly exhausted and a prospect of the
grain coming TO this market was INDUCED in.
At the decline there was good buying by a
prominent local house, which has been
trading considerable OF late in wheat bnt
the same house was credited with selling
iairly whom prices advanced. Prices de-
clined early Mc, rallied &c and closed steady
at the top.
In oats there was a liberal trade. The
weakness was due to increased liquidation
by local and outside '1ongs." The only sun
port came from shorts" Prices for Nav
opened steady, declined %c but rallied Ac
ana closed steaoy at the same price to 1Sc
advance over yesterdays closing, due TO
improved buying and to lighter offerings
The provision traders who sold all prod
ucts on the decline yesterday in anticipation
OF AZ, 600 hogs to-day were busy most of the
day getting the stuff back. The buying was
led by Cudahy and Wright. Their brokers
alone took more than enough to absorb ali
offerings. and other buyers had TO bid up
for what they wanted.
Cash quotations were as follows: Flour
very dull; prices equivalent to 81 7562 30 bid
for second patents or straights; No. spring
wheat zoe; No. spring wheat 6O664c: No.
red, 7Gc. No. corn, 4Izc. No. oats 29N
@Soc; No white, S415@355sc on track; No.
white, SO43lc. No rye, 471zc. No. barley,
65c; No. 3 + o. b., 4OQ5sc: NO. f. o. b.. 85@
42c. No. flaxseed, 81 O71s. Prime timothy
seed, 81 90. Mess pork per barrel, Sl4 7O3
"A %. Lard per 100 pounds, $40 40; short ribs
sides, loose, IS l54S Is; dry salted shoulders,
boxed, 81 s71&Qs OO: short clear sides, boxed,
$s 75@s so. Whisky, distilers' finished
goods, per gallon, 81 30. Sugars, cut Ionf,
3 corn, 36szc.
Receipts-Flour, 5000 barrels; wheat.
229 600 bushels; corn, 3l5,00O bushels; oats
69, 900 bushels.
snipments-Flour, 5000 barrels; wheat.
5000 bushels; corn, 5000 bushels; oats'